Indore
The real estate market in Old Palasia displays a dynamic balance between residential demand and high-yield commercial leasing. Recent price trends show a slight adjustment, with current rates settling at ₹5,700 per sq ft compared to higher valuations in previous quarters. Rental activity remains a standout feature, as the area attracts tenants looking for central connectivity and modern workspace solutions. Investors are increasingly drawn to the robust rental yield of 16.63%, which underscores the locality's strong income-generating potential.
As of June 2026, the average asking price in Old Palasia is ₹5,700 per sq ft. This rate has remained stable with a 0% change compared to the previous period, indicating a period of price equilibrium in this residential market.
Property prices in Old Palasia have shown a recovery trend, with the micromarket rate rising to ₹5,800 per sq ft in June 2026 from ₹5,350 per sq ft in March 2026. This upward trajectory follows a period of fluctuation where rates were at ₹5,650 per sq ft in December 2025 and ₹6,050 per sq ft in September 2025, suggesting that the market is currently experiencing renewed demand.
Old Palasia, with an average asking price of ₹5,700 per sq ft, sits in the mid-to-high range compared to surrounding areas. For instance, Manorama Ganj commands a higher average rate of ₹7,850 per sq ft, which has appreciated by 1.97% recently, while more affordable options include Khajrana at ₹4,950 per sq ft and Bengali Square at ₹5,150 per sq ft, the latter of which has seen a depreciation of 6.9%.
The current rental yield in Old Palasia stands at 16.63%, which is a strong indicator of high income-generating potential for property owners. With an average rental rate of ₹79 per sq ft as of June 2026, which has appreciated by 9.72% compared to the previous period, the locality offers a compelling balance between capital appreciation and recurring rental income for real estate investors.
In Old Palasia, office spaces are currently commanding an average rental rate of ₹100 per sq ft as of June 2026. This segment has seen a notable appreciation of 9.72% compared to the previous period, reflecting a robust demand for commercial infrastructure in the area.
As of June 2026, the average asking price for apartments in Old Palasia is ₹5,700 per sq ft. This figure represents a depreciation of 5.07% compared to the prior period, which may present a strategic entry point for end-users looking to invest in a well-established residential locality.
The rental market in LIG Colony is currently more accessible, with an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, providing a contrast to the higher rental rates found in Old Palasia, which averages ₹79 per sq ft for residential and commercial assets.
