Squareyards Logo
Blogs DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Bengali Square, Indore

Comprehensive Market Snapshot

Bengali Square in Indore presents a dynamic real estate landscape with an average asking price of ₹5,415 per sq ft. The market has seen varied price movements across its property segments and nearby localities. While the average rental rate for the locality isn't explicitly available, certain sub-locations like Lig Colony show active rental markets. The area offers a mix of property types, with villas commanding a premium, indicating diverse investment opportunities for buyers and investors.

  • Apartments in Bengali Square are currently available at an average price of ₹5,415 per sq ft, reflecting a -2.2% change.
  • Villas in the area stand out with a higher average price of ₹9,651 per sq ft, experiencing a robust 5.5% appreciation.
  • Ready To Move properties are priced at ₹3,625 per sq ft, showing a positive change of 2.78%.
  • Gulmohar Colony, a nearby area, exhibits exceptional growth with an average rate of ₹15,085 per sq ft, marking a significant 308.59% increase.
  • Two prominent projects, Tulip Enclave and Prashant Sagar, offer properties at a consistent rate of ₹3,625 per sq ft, each showing a 2.78% increase.

  • Asking Sale Price₹ 5,415 /sq.ft

Insights for Bengali Square, Indore Real Estate Market

Bengali Square's real estate market in Indore is characterized by a current asking price of ₹5,415 per sq ft, signaling its position within the city's property landscape. Price trends over recent quarters indicate fluctuations, with the location rate experiencing both growth and slight adjustments. The residential market is segmented, featuring apartments and higher-priced villas, each with distinct performance trends. Ready To Move properties offer immediate occupancy options, while specific projects provide competitive pricing with positive appreciation. Nearby localities contribute to the broader market dynamics, showcasing varied rates and growth trajectories, which can influence investment decisions across the region.

  • The micromarket rate for Bengali Square saw an increase from ₹5,404 per sq ft in Jun 2025 to ₹6,027 per sq ft in Sep 2025, before settling at ₹5,641 per sq ft by Dec 2025.
  • Pipliyahana stands as one of the priciest neighboring areas, averaging ₹8,384 per sq ft with a 1.07% positive change.
  • Bicholi Mardana offers properties at ₹4,697 per sq ft, though it experienced a -16.08% change.
  • The ready-to-move segment in Bengali Square, with 2 units, is available at ₹3,625 per sq ft, showing a 2.78% positive shift.
  • Lig Colony, a nearby rental market, records an average rental rate of ₹18 per sq ft, maintaining stable rates.

Market Strengths Market Strengths
  • The overall asking price in Bengali Square stands at a competitive ₹5,415 per sq ft, offering a balanced value proposition.
  • Villas in the locality are a strong performing asset class, with a high average price of ₹9,651 per sq ft and a robust 5.5% appreciation.
  • Ready To Move properties are appreciating, with an average price of ₹3,625 per sq ft and a 2.78% positive change, appealing to immediate buyers.
  • Nearby Gulmohar Colony showcases exceptional market strength, with an average rate of ₹15,085 per sq ft and an outstanding 308.59% increase.
  • Indore Bypass Road offers an affordable entry point at ₹3,335 per sq ft while demonstrating a healthy 7.34% positive change.
Market Challenges Market Challenges
  • Apartment prices in Bengali Square have experienced a -2.2% change, suggesting a potential area of concern for this property type.
  • The location rate in Bengali Square saw a dip from ₹6,356 per sq ft in Sep 2025 to ₹5,537 per sq ft in Dec 2025, indicating recent price adjustments.
  • Bicholi Mardana, a neighboring locality, recorded a significant -16.08% change, despite an average rate of ₹4,697 per sq ft.
  • Scheme No 140, another adjacent area, experienced a -2.02% change, with an average rate of ₹6,635 per sq ft.
Investment Opportunities Investment Opportunities
  • Invest in villas within Bengali Square, which are currently priced at a premium of ₹9,651 per sq ft and have shown a strong 5.5% appreciation.
  • Consider properties in Gulmohar Colony for high growth potential, as it has seen an extraordinary 308.59% price increase, with an average rate of ₹15,085 per sq ft.
  • Explore Ready To Move properties in Bengali Square, available at ₹3,625 per sq ft, which have demonstrated a positive change of 2.78%.
  • Look into areas like Indore Bypass Road, where properties are more affordable at ₹3,335 per sq ft and have shown a 7.34% positive change.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Bengali Square, Indore

Asking Price Trends

Bengali Square's property market has shown a dynamic price trajectory over recent quarters. The location's average rate was ₹5,800 per sq ft in June 2025, climbing to ₹6,356 per sq ft by September 2025. However, it then adjusted to ₹5,537 per sq ft by December 2025. Meanwhile, the broader micromarket rate demonstrated growth from ₹5,404 per sq ft in June 2025 to ₹6,027 per sq ft in September 2025, before a slight dip to ₹5,641 per sq ft in December 2025.

Quarter City Rate
Dec 2025 5537
Sep 2025 6356
Jun 2025 5800
Mar 2025 0
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Price Trends by Property Type

Bengali Square's real estate market caters to diverse buyer preferences across property categories. Villas, representing a premium segment, average ₹9,651 per sq ft and have experienced a healthy 5.5% appreciation. Apartments, a more common residential choice, are priced at ₹5,415 per sq ft, though they have seen a -2.2% change. This differentiation reflects varied investment appetites and lifestyle choices within the locality.

Type Rate (₹/sq.ft) Change %
Villa 9,651 5.5
Apartment 5,415 -2.2
Price Trends by Project Status

The Bengali Square market offers properties in various development stages, catering to different buyer timelines. The Ready To Move segment, with 2 available units, averages ₹3,625 per sq ft and shows a positive change of 2.78%. This option appeals to those seeking immediate occupancy and value appreciation. This limited but appreciating supply allows buyers to balance possession timing with pricing preferences.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 2 3,625 2.78
Price Trends by Localities

Property rates around Bengali Square showcase a varied landscape, with average prices ranging significantly across neighboring localities. Gulmohar Colony stands out prominently, commanding a premium at ₹15,085 per sq ft and experiencing an exceptional 308.59% surge. Pipliyahana also offers higher-end properties, averaging ₹8,384 per sq ft. In contrast, areas like Alok Nagar and Indore Bypass Road provide more affordable options, priced at ₹2,672 per sq ft and ₹3,335 per sq ft respectively, with Indore Bypass Road seeing a 7.34% positive change. Bengali Square's current average of ₹5,415 per sq ft positions it as a mid-range option compared to these diverse sub-markets.

Location Rate (₹/sq.ft) Change %
Bicholi Mardana 4,697 -16.1
Scheme No 140 6,635 -2
Indore Bypass Road 3,335 7.3
Bicholi Hapsi 6,338 -7
Pipliyahana 8,384 1.1
Alok Nagar 2,672 -
Khajrana 4,725 -
Gulmohar Colony 15,085 308.6
Kanadia Road 3,531 -6.7
Saket Nagar 4,890 -0.7

Project and Developer Insights

Top Projects in Bengali Square
Godrej Greenview Estate is the top project in Bengali Square with prices from ₹ 55.99 Lac to 92.99 Lac.
Godrej Greenview Estate ₹ 55.99 L - ₹ 92.99 L
  • Indore North, Indore
Godrej Verdania Estate ₹ 1.5 Cr - ₹ 2.5 Cr
  • Indore North, Indore
Scape IT Park Price On Request
  • Indore North, Indore
Graceland Highway Avenue Price On Request
  • Indore North, Indore
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential developments in Bengali Square are setting benchmarks for asking prices. Tulip Enclave, located in Indore East, is priced at ₹3,625 per sq ft and has shown a positive change of 2.78%. Similarly, Prashant Sagar, also situated in Indore East, offers properties at the same rate of ₹3,625 per sq ft, reflecting an identical 2.78% appreciation. These projects represent key offerings within the locality's property market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Tulip Enclave 3,625 2.8
Prashant Sagar 3,625 2.8
Country/City