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Recent & Future Developments

What's New in MR 11, Indore

Live news feed — last updated 07 July 2026

07 Jul2026

Indore Homeowners Can Now Get 10% Property Tax Rebate for Rainwater Harvesting Systems

Indore Mayor announced a 10% property tax rebate for homeowners who install and maintain functional rainwater harvesting systems. This initiative aims to promote water conservation and groundwater recharge. Residents must get their systems inspected and certified by the Municipal Corporation to qualify.

Source: The Economic Times
07 Jul2026

Indore Records 302 mm Rainfall, More Expected in Coming Days

Indore has received 302 mm of rainfall so far this season, significantly above the normal for this period. The city experienced intermittent showers, with the meteorological observatory recording 1.4 mm on Sunday. IMD forecasts favorable monsoon conditions with intermittent to moderate rain likely over the next five days.

Source: The Times of India
20 Apr2026

Indore Poised to Lead Developed Madhya Pradesh, Budget Allocates Significant Funds

In Indore , a Rs 2,300 crore provision is allocated for a flagship plug-and-play IT park, and a Google Cloud Startup Hub is planned to foster AI-driven growth. The Indore-Pithampur Economic Corridor project also receives a substantial allocation of Rs 2,360 crore, expected to accelerate industrial development and job creation.

Source: Indian Masterminds
15 Apr2026

Madhya Pradesh Cabinet Approves ₹19,810 Crore for Infrastructure and Welfare Projects

The Madhya Pradesh Cabinet, in a meeting held in Bhopal, approved a mega development package worth approximately ₹19,810 crore. This package includes substantial investments in public works, irrigation, medical colleges, rural schemes, and women empowerment initiatives. A significant portion, ₹10,801 crore, is allocated to the Public Works Department for infrastructure development,

Source: ANI
15 Dec2025

Real Estate Developments and Investments Surge in Indore

Shubhashish Homes has entered the Indore real estate market with plans for a 32-acre township project. The upcoming launch of Godrej Plots in Indore is projected to be a significant investment opportunity, driven by the city's rapid urbanization, government 'Smart Cities Mission' initiative. A report by MP RERA)indicates that Indore continues to lead in the registration of real estate projects in Madhya Pradesh.

Source: Realty Plus, Times of India
15 Dec2025

Indore Municipal Corporation Boosted by Lok Adalat's ₹101 Crore Collection

The final National Lok Adalat of 2025 significantly aided the Indore Municipal Corporation (IMC) by collecting over Rs 101 crore in a single day. This revenue recovery drive, which saw defaulters paying pending property tax, water tax, and garbage collection charges, will strengthen the IMC's financial position and enable better allocation for civic services.

Source: The Times of India
07 Oct2025

The Indore Development Authority (IDA) is actively engaged in numerous infrastructure projects across the city. These include the construction of high-rise apartments for families displaced by the MR-10 road project under the Pradhan Mantri Awas Yojana Urban 2.0, and a 12-meter-wide link road from Ring Road to MR-11 . The IDA has proposed a budget of Rs 15.08 billion for the financial year 2025-26, focusing on traffic management, electrification, water supply, sewage systems.

Source: Times of India, Prop News Time
Data Intelligence

Price Insights for MR 11, Indore

Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.

Property Price Insights in Indore North
Avg. Sale Price ₹ 5,050/sq.ft For Apartment
Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in MR 11, Indore.

  • Sale
By Property Type
Demand
Supply
Plot
18%
100%
By Budget
Demand
Supply
50 L - 2 Cr.
81%
0%
2 Cr. - 5 Cr.
18%
100%
MR 11 Spotlight

Top Projects in MR 11, Indore

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Properties Available in MR 11, Indore

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Properties in MR 11, Indore
Residential Plots in MR 11 Indore
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Neighborhood

Localities around MR 11, Indore

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 10,400/sq. ft
Avg Rental
₹ 21/sq. ft
Rental Yield
3.9%
Rental Yield
3.9%
2
For Sale
14
For Rent
Average Sale Price
₹ 7,100/sq. ft
Rental Yield
3.9%
8
New Projects
1
For Sale
Average Sale Price
₹ 10,950/sq. ft
Rental Yield
3.9%
2
New Projects
3
For Sale
3
For Rent
Average Sale Price
₹ 4,500/sq. ft
Rental Yield
3.9%
6
New Projects
1
For Sale
Average Sale Price
₹ 4,500/sq. ft
Rental Yield
3.9%
3
New Projects
1
For Sale
2
For Rent
Average Sale Price
₹ 2,750/sq. ft
Rental Yield
3.9%
2
For Sale
3
For Rent
Rental Yield
3.9%
2
New Projects
2
For Rent
Rental Yield
3.9%
1
New Projects
1
For Sale
1
For Rent
Rental Yield
3.9%
1
New Projects
1
For Sale
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