Indore, a thriving business hub nestled in the heart of India, is a city teeming with a diverse range of companies and industries. It is a place where the corporate landscape and the real estate market share a symbiotic relationship, each influencing and shaping the other in a dynamic dance. In this article, we will look at how the presence and activities of event management companies in Indore impact the local real estate scenario.
See also: Top 10 MNCs in Indore
Business landscape in Indore
Indore, often referred to as the ‘Mini Mumbai,’ is a city that pulsates with many thriving industries and sectors. It serves as a bustling hub where diverse businesses coexist harmoniously. From the automotive industry to the emergence of cutting-edge IT parks, Indore boasts a comprehensive spectrum of economic activity. Traditional manufacturers share space with tech-savvy startups, creating a dynamic and multifaceted corporate environment.
Event management company in Indore
Moonwings Event
Industry: Event Management
Company Type: Private
Location: A 809, 8th Floor, Mg Road, Regal Square, Indore – 452001
Founding Date: 2012
Moonwings Event is a seasoned player in the event management industry in Indore. With over a decade of experience, it has undertaken various projects, from intimate ceremonies to grand galas. These include weddings, corporate events and social gatherings. Moonwings Event is known for its meticulous attention to detail, creative flair and dedicated team. Its portfolio boasts a stunning collection of events that showcase its expertise and commitment to excellence.
Little Wizard’s Events & Entertainment
Industry: Event Planning
Company Type: Private
Location: Vijay Nagar Extension, Sch No 54, Vijay Nagar, Indore – 452010
Founding Date: 2017
Little Wizard’s Events & Entertainment is your go-to choice for adding a touch of enchantment to your events. Founded in 2017, this company has quickly made a name for itself in Indore’s event planning scene. It excels crafting unique experiences for a diverse clientele, from parties to elegant weddings. Little Wizard’s Events & Entertainment takes pride in transforming ordinary venues into lavish settings.
3. Maan Events
Industry: Event Management
Company Type: Private
Location: Mann Events, 1266, Hare Krishna Vihar, Nipania, Indore, Madhya Pradesh 452001
Founding Date: 2013
Maan Events, established in 2013, has consistently played in Indore’s event management arena. This firm is renowned for its commitment to creating unforgettable memories. Its comprehensive services cover everything from event planning and decor to entertainment and logistics. Maan Events has left its mark on numerous city weddings, corporate events and social gatherings. With an impressive track record, it continues to be a trusted choice for those seeking top-notch event management services.
Ashok Flowers And Events
Industry: Event Planning
Company type: Private
Location: 1/1, Vikas Rekha Complex, Tower Road, Tower Square, Indore – 452001
Founding Date: 2015
Since 2015, Ashok Flowers And Events has been synonymous with floral elegance and impeccable event planning. This company has a rich legacy of spreading joy through its exceptional floral arrangements and event coordination. Its attention to detail and artistic flair have made it a preferred choice for weddings, parties, and corporate events. Ashok Flowers And Events brings decades of expertise to the table, ensuring every event it handles is a visual masterpiece.
Fusion Events
Industry: Event Management
Company Type: Private
Location: 402, Prince’s Pride, 21/3 New Palasia, Opp. Narayan Kothi, Indore, 452003
Founding Date: 1998
Fusion Events was established in 2012, and it seamlessly blends creativity and logistics to create memorable events. Located in the heart of Indore, this company has successfully executed many events. Whether it is a corporate conference, a high-energy product launch or an extravagant wedding, Fusion Events is well-equipped to handle it all. Its innovative approach, coupled with a dedicated team, ensures that every event they undertake is a resounding success, leaving clients and attendees with lasting impressions.
Vikram Bhatt Event Group
Industry: Event Management
Company type: Private
Location: A-170 Bapat Square, Sukhliya, Indore – 452010
Founding Date: 2011
Vikram Bhatt, an event management group, has been a reliable choice for event organizers in Indore. It has carved a niche for itself with its dedication and expertise. Vikram Bhatt is a one-stop solution for event planning, coordination and execution. Its personal touch and attention to detail have made the company a trusted partner for numerous successful events in the city.
Choral Events
Industry: Event Planning
Company Type: Private
Location: 264, 2nd Floor Orbit Mall, A B Road, Vijay Nagar, Indore – 452010
Founding Date: 2015
Choral Events, founded in 2011, conducts events like a harmonious symphony. This firm specialises in orchestrating events that resonate with perfection. Choral Events offers comprehensive event planning services, from luxurious weddings to corporate extravaganzas. Its team’s dedication to creating seamless and memorable experiences has earned it a prominent place in the city’s event planning landscape.
Kairos Events & Entertainment
Industry: Event Management
Company Type: Private
Location: Office No 315, Vikram Tower, Near Lotus, Sapna Sangeeta Road, Indore – 452001
Founding Date: 2017
Kairos Events & Entertainment was established in 2014 and believes in taking the moment and making it unforgettable. This private event management company offers a wide range of services. Whether it is a corporate seminar or a grand social gathering, it brings creativity, innovation and precision to every project. Kairos Events & Entertainment is known for its ability to tailor events to its clients’ unique needs and preferences.
Dream Galaxy Events & Entertainment
Industry: Event Planning
Company Type: Private
Location: 327, Kalani Nagar, Aerodrom Main Road, Indore – 452005
Founding Date: 2015
Dream Galaxy Events & Entertainment, established in 2009, takes event planning to the next level. Located in Geeta Bhawan, Indore, this partnership firm specialises in creating dreamy and immersive experiences. From themed parties to elegant weddings, it infuses every event with creativity and elegance. Dream Galaxy Events & Entertainment has earned a reputation for transforming ordinary venues into magical settings.
Мatchbox
Industry: Event Management
Company Type: Private
Location: A-21 Vasant Vihar, Behind SBI Bank, Near Sathya Sai School, Indore, Indore, MP 452010
Founding Date: 2011
Мatchbox, a private event management company established in 2018, is known for its out-of-the-box thinking. It has ignited the event scene in Indore with its innovative approach. Мatchbox specialises in crafting unique and memorable experiences for various events. Its fresh ideas and attention to detail have made it a rising star in the city’s event management landscape.
Mantra Events
Industry: Event Planning
Company Type: Private
Location: G-2,164 Basant Vihar, Saket Nagar, Indore, MP 452001
Founding Date: 2012
Mantra Events, a sole proprietorship firm established in 2005 in Rajwada, Indore has a rich history of providing exceptional event planning and coordination services. Whether it is a cultural festival or a corporate seminar, Mantra Events has the expertise to make it a success. Its commitment to delivering seamless and memorable events has made it a trusted partner in the city.
An Eve Events & Production Management
Industry: Event Management
Company Type: Private
Location: 7/88, Sector C, Vijay Naga, Indore, Indore, MP 452010
Founding Date: 2013
Eve Events & Production Management, a private event management company established in 2017, promises to turn the event into an unforgettable experience. It offers a comprehensive suite of services, from event planning and production to execution. Focusing on creativity and precision, An Eve Events & Production Management has quickly made a name in the Indore event management scene.
Commercial real estate demand in Indore
Office space: With a surge in startups and corporate events, the demand for office spaces is rising. Indore’s real estate market is adapting to accommodate these new-age businesses.
Rental property: Event management companies often need storage and workspace. This has led to an increased demand for rental properties in the city.
Impact: This heightened demand for commercial real estate in Indore has profoundly affected the local property market. Property values in strategic locations have seen a significant appreciation due to the increased demand for office spaces. Landlords and property owners are benefiting from rising rental incomes.
Impact of event management companies in Indore
The presence of event management companies in Indore has profoundly impacted the local real estate scene. Through their continuous demand for office spaces and rental properties, these companies have spurred a surge in property values, benefiting investors and property owners. Furthermore, they have contributed significantly to the city’s thriving business ecosystem, fostering growth and employment opportunities. The events organised by these companies also promote community engagement, adding value to local neighborhoods and encouraging further investment in the area.
FAQs
How much does a wedding planner cost in Indore?
The cost of a wedding planner in Indore can vary. Some charge a set package price, while others take a percentage of the total wedding cost. Typically, prices range from around Rs 2.5 lakh to over Rs six lakh, depending on the number of functions and the level of assistance required.
How do I join event management?
To enter the field of event management, you can start by completing your 12th-grade education. After that, consider pursuing a bachelor's degree in a relevant field such as event management. Some event management companies may prefer candidates with postgraduate degrees in event management courses, which can enhance your job prospects.
Is event management a well-paying job?
Yes, event management can be a lucrative career. Event Managers earn around Rs four lakh annually at the beginning of their careers and can increase their salaries with experience. With sufficient experience, an Event Manager's annual income can reach up to Rs 15 lakh.
What is the highest salary for an event manager?
The highest salary for an event manager in India can vary, but on average, it is around Rs 10 lakh per annum. Starting salaries may be around Rs 3.80 lakh, while some experienced event managers can earn as much as 44 lakh annually.
What is the significance of Indore as a business hub for event management companies?
Indore's thriving business landscape offers a diverse clientele, making it an ideal location for event management companies to flourish.
Can you give me an overview of the industries in Indore that support event management companies?
Industries in Indore range from manufacturing to IT, automotive to real estate, providing ample opportunities for event management services.
How do event management companies in Indore impact the local real estate market?
These companies create demand for office spaces and rental properties, driving up property values and contributing to the growth of the local economy.
Are there specific localities in Indore that are more favorable for event management companies?
Event management companies are scattered across various localities in Indore, including MG Road, South Tukoganj and Vijay Nagar, among others.
What types of events do these companies typically manage in Indore?
Event management companies in Indore handle a wide range of events, including weddings, corporate events, social gatherings, and more.
How do event management companies contribute to community engagement in Indore?
Through events and gatherings, these companies foster a sense of community, which can lead to increased investments in the local area.
Do event management companies in Indore collaborate with local businesses or industries for their events?
Yes, many event management companies collaborate with local businesses and industries to provide services, products and venues for their events.
Are there any notable trends in the event management industry in Indore?
Trends may include innovative event themes, sustainable practices and the integration of technology to enhance the event experience.
How can event management companies in Indore help businesses in the city?
These companies can help businesses organise successful product launches, conferences, and promotional events, ultimately boosting their brand visibility.
What should one consider when hiring an event management company in Indore?
Consider factors such as the company's experience, portfolio, reputation and their ability to understand and meet your specific event needs.
Are there any governmental regulations or permits required for organizing events in Indore?
Depending on the type and scale of the event, permits and licenses may be required. It is essential to check with local authorities and event professionals for guidance.
How can I get in touch with event management companies in Indore for my event needs?
You can typically find contact information for these companies online, in directories, or through referrals from friends and colleagues.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at Jhumur Ghosh |
Priya Banerjee, a writer with a keen eye on the property market, she deciphers the ever-changing trends in residential real estate. Priya excels at simplifying complex real estate terms, making them easy for everyone to understand. Her well-researched advice helps buyers and investors understand complex topics.
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