Indore
The property market in Old Palasia currently reflects a period of price adjustment, with residential apartments averaging ₹5,700 per sq ft. Investors are observing a robust rental market, particularly for commercial office spaces which command an average of ₹100 per sq ft. Rental yields in the region reach 16.63%, highlighting the area's appeal for income-generating assets. Meanwhile, neighboring localities show varied performance, with Kanadia Road experiencing a notable 23.28% increase in rates.
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, indicating a period of price equilibrium in the local residential apartment market.
Property prices in Old Palasia have shown a fluctuating trajectory over the past year. While the average asking price stood at ₹6,000 per sq ft in September 2025, it adjusted to ₹5,700 per sq ft by December 2025, reflecting a market recalibration during that period.
Property rates in Old Palasia, currently at ₹5,700 per sq ft, sit in the mid-range when compared to surrounding localities. For instance, Manorama Ganj commands a higher average rate of ₹7,850 per sq ft, having appreciated by 1.97% recently, while Kanadia Road offers a more accessible entry point at ₹4,350 per sq ft, which has seen significant appreciation of 23.28%.
The rental yield in Old Palasia is currently 16.63%, a figure that highlights the strong income-generating potential of real estate in this area. This yield is supported by an average rental rate of ₹79 per sq ft as of June 2026, which has appreciated by 9.72% compared to the previous period.
Rental rates in Old Palasia are currently led by the office space segment, which commands an average rental rate of ₹100 per sq ft as of June 2026. This segment has experienced an appreciation of 9.72% compared to the prior period, reflecting sustained demand for commercial workspaces in the locality.
As of June 2026, the average asking price for apartments in Old Palasia is ₹5,700 per sq ft. This represents a depreciation of 5.07% over the observed period, suggesting a slight softening in the apartment segment that may offer a more favorable entry point for prospective buyers.
A rental yield of 16.63% in Old Palasia indicates a highly productive environment for property investors looking for consistent rental income relative to their capital investment. When combined with the average rental rate of ₹79 per sq ft, this yield suggests that the locality is well-positioned to attract tenants, particularly in the commercial and premium residential sectors.
