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Devguradia is emerging as a key residential destination in Indore, balancing competitive entry prices with consistent growth. The apartment segment has seen a significant appreciation, making it an attractive prospect for value-conscious homebuyers. Meanwhile, the villa segment maintains a stable pricing structure, appealing to those seeking more spacious configurations. Infrastructure development and proximity to major city hubs continue to influence the steady demand across the locality.
As of June 2026, the average asking price in Devguradia stands at ₹4,100 per sq ft. This figure reflects a market movement from the previous quarter, where the rate was recorded at ₹4,950 per sq ft in March 2026. Understanding these fluctuations is essential for buyers and investors, as the price trajectory in Devguradia has shown volatility over the past few quarters, moving from ₹3,500 per sq ft in September 2025 to ₹3,800 per sq ft in December 2025, before peaking and subsequently adjusting to the current June 2026 level.
Property prices in Devguradia show distinct variations when compared to surrounding areas in Indore. For instance, the average asking price in Vijay Nagar is significantly higher at ₹10,400 per sq ft, which has appreciated by 5.04% compared to previous periods. Meanwhile, Indore Bypass Road commands an average asking price of ₹5,950 per sq ft, showing an appreciation of 3.31%. Other nearby areas include Manorama Ganj at ₹7,850 per sq ft (up 1.97%), Bicholi Mardana at ₹5,350 per sq ft (depreciated by 3.5%), Bengali Square at ₹5,150 per sq ft (depreciated by 6.9%), and Khajrana at ₹4,950 per sq ft, which has remained stable with 0% change.
As of June 2026, the average asking price for apartments in Devguradia is ₹3,450 per sq ft, which has experienced a significant appreciation of 17.46% compared to the previous period. For those interested in villas, the average asking price is ₹4,400 per sq ft, a rate that has remained stable with 0% change over the same timeframe. This data indicates a clear premium for villa-style living in the locality compared to apartment units.
Ready To Move properties in Devguradia are currently priced at an average of ₹3,700 per sq ft as of June 2026. This segment has seen a depreciation of 4.53% compared to the prior period. For prospective buyers, this price adjustment in the Ready To Move category may present a more accessible entry point into the Devguradia market compared to the broader locality averages.
Two prominent projects in Devguradia are Emerald Pratham and Nalanda Seasons of Joy. As of June 2026, Emerald Pratham has a current listing rate of ₹4,000 per sq ft, reflecting a depreciation of 5.99% compared to the previous period. Nalanda Seasons of Joy is currently listed at ₹3,400 per sq ft, which has depreciated by 2.76% over the same timeframe. These projects represent key residential options in the locality, and the recent rate changes highlight the current pricing dynamics within these specific developments.
While specific rental data for Devguradia is limited, the surrounding area of Vijay Nagar offers a clear rental benchmark. As of June 2026, the average rental rate in Vijay Nagar is ₹50 per sq ft. This rate has appreciated by 4.76% compared to the previous period, signaling sustained demand for rental properties in this high-activity commercial and residential hub. Investors looking at the wider Indore market may use this as a reference point for potential rental income expectations in well-connected micromarkets.
