Indore
The real estate market in MR 10 exhibits a balanced mix of commercial and residential opportunities, catering to varying investment scales. While office spaces maintain higher valuations, the residential segment provides more accessible entry points for new buyers. Rental activity is particularly robust, with consistent rates across major nearby localities reflecting strong demand for space. Strategic development continues to shape the area, making it a focal point for those looking to capitalize on Indore's growing urban footprint.
As of June 2026, the average asking price in MR 10 is ₹4,500 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
The micromarket rate in MR 10 has shown a downward trajectory leading up to June 2026. Data indicates the micromarket rate was ₹6,050 per sq ft in September 2025, which decreased to ₹5,650 per sq ft by December 2025, and further to ₹5,350 per sq ft by March 2026. This trend suggests a softening in market demand or an adjustment in seller expectations over the past year.
Property prices vary significantly across neighbourhoods near MR 10. For instance, Scheme No 54 commands a premium with an average asking price of ₹10,950 per sq ft, while Vijay Nagar follows closely at ₹10,400 per sq ft, having appreciated by 5.04% compared to previous data. In contrast, residential options like Talawali Chanda are more accessible at ₹4,850 per sq ft, though this area has seen a depreciation of 4.99%.
As of June 2026, property rates in MR 10 vary by asset class. Office spaces are priced at an average of ₹9,050 per sq ft, maintaining stable pricing with a 0% change. Villas are currently at ₹5,650 per sq ft, reflecting a significant depreciation of 25.05% compared to the previous period. Meanwhile, apartments are priced at ₹4,500 per sq ft, which represents a depreciation of 4.96% over the same timeframe.
Rental rates in the vicinity of MR 10 are currently consistent across several key localities. As of June 2026, Vijay Nagar, Lig Colony, and Nipania all report an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change, suggesting a balanced rental market in these specific neighbourhoods.
Investors looking at the rental market near MR 10 should note that localities like Vijay Nagar, Lig Colony, and Nipania currently offer a uniform average rental rate of ₹50 per sq ft as of June 2026. Since these rates have remained stable (0% change), investors can use this consistency to forecast steady rental income. However, because the overall rental yield for the broader area is currently marked as 'NA', it is recommended that investors perform a detailed calculation based on the specific purchase price of a property to determine the true return on investment.
