TerraNexxus
Skye Luxuria - 2 BHK apartment for buy-new in Nipania, Indore - main view
1 / 5

Type

Apartment

Bedrooms

2-4 BHK

Floor

16 Floors

New ProjectApartment RERA no. listed Terra Verified

Skye Luxuria

Skye Luxuria, Mahalakshmi Nagar, Nipania, Indore - 452010

₹1.33 Cr - ₹4.14 Cr
Bedrooms
2 - 4 BHK
Area
1450 - 4500 sq.ft
Furnishing
Unfurnished
Status
under-construction
Type
Apartment

About this property

Skye Luxuria is a prestigious project developed by Skye Earth in Indore, Madhya Pradesh. It is designed to offer residents a luxurious and blissful lifestyle with its high-end features and amenities. The project provides a wide range of world-class facilities and amenities to enhance the living experience of its residents. Some of the notable amenities include a swimming pool, gymnasium, sports court for various sports activities, a well-equipped clubhouse for social gatherings and events, a jogging track for fitness enthusiasts, and a dedicated children's play area. Skye Luxuria aims to create a vibrant community where residents can enjoy a host of recreational and leisure activities within the premises. The project's design and architecture are crafted to provide a comfortable and elegant living environment. In addition to the luxurious amenities, Skye Luxuria is located in a convenient area of Indore, ensuring easy access to essential services, schools, hospitals, shopping centers, and other key destinations.

Property Details

Basic Information

Property ID
#462
Property Type
Apartment
Listing Type
New Project
Construction Status
under-construction
Possession Date
30 December 2027

Configuration

Bedrooms
2 - 4 BHK
Furnishing
Unfurnished
Total Floors
16

Area & Dimensions

Built-up Area
1450 - 4500 sq.ft

Legal & Compliance

RERA Number
Skye Earth

Investment Calculator

Estimate returns after costs

5 Years
1 Yr15 Yrs
₹
%/yr
Future Value
₹1.78 Cr
+₹44.98 Lac
Net Rental Yield
1.9%
after vacancy & upkeep
Net Rent (5Y)
₹10.49 Lac
rent from month 21
Net ROI
29.9%
~5.4%/yr
Investment Summary5 Year Projection
Purchase price₹1.33 Cr
+ Stamp duty & registration₹9.31 Lac
+ Capital appreciation₹44.98 Lac
− Selling costs₹3.56 Lac
+ Rent collected₹11.66 Lac
− Maintenance & tax₹1.17 Lac
Net profit₹42.61 Lac

Assumes 6% yearly appreciation, 5% rent growth, 1 month(s) vacancy a year, and no rent for the first 20 months (possession + delay). Source of the appreciation and rent defaults: Nipania area market data (updated Jan 2026). Projections are estimates, not guarantees, and exclude loan interest and income tax.

Amenities

10 amenities available

Lift
Swimming Pool
Water Supply
Park/Garden
Visitor Parking
Children Play Area
Security
CCTV
Gym
Parking

Floor Plan

Floor Plan 1 - Skye Luxuria

Nearby Places

Explore what's around Nipania

No education found nearby

Try a different category

Interactive Map

View all locations on map

Loading builder info...

Legal Clarity

Approvals & Documentation Status

Verified approvals
Not yet verified

No approval documents have been submitted for this listing yet.

RERA Registration
State Real Estate Regulatory Authority
Registration no. provided
RERA Number
Skye Earth

Approvals & Clearances

Approval details are not available yet. Ask the developer for the commencement certificate, building-plan approval and RERA certificate before booking.

Developer Information
Developer
P-IND-24-4769
Project
Skye Luxuria

"Verified" means TerraNexxus has checked the linked document on the date shown. Items marked "Pending verification" are declared by the lister and have not been checked yet. Always verify independently before making a purchase decision.

Frequently Asked Questions

Common questions about Skye Luxuria

Yes, Skye Luxuria is RERA approved and registered with Gujarat RERA. You can verify the RERA number on the official GujRERA website for complete transparency and legal compliance.

Locality & Market Insight

Why invest in Nipania?

"Nipania is witnessing transformation with premium infrastructure and seamless connectivity, making Skye Luxuria a high-value asset for both lifestyle and investment."

The real estate market in Indore has shown consistent growth. Specifically, Nipania is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

Tools

Calculators, scoring & quick actions

By submitting, you agree to be contacted by the property owner or our team

Down Payment

₹26.60 Lakh

20%

Loan Amount

₹1.06 Cr

80%

Total Interest

₹1.15 Cr

52%

₹1.06 Cr
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹1.06 Cr
Interest: ₹1.15 Cr

Total Amount Payable

₹2.22 Cr

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Indicative property rating

Good

1 of 4 factors are backed by TerraNexxus-verified data. Tap a factor to see why.

TerraScore™ is an indicative rating, not advice. Unverified factors use lister-provided data (listing updated 29 May 2026). Always verify independently.

Schedule a Visit

Book a property tour

1
2
3

Select Date