Indore
Scheme No 103 has established itself as a growing residential destination in Indore, with property values showing a consistent upward trend. The market currently sees apartments as the primary driver of activity, reflecting a stable demand for modern living spaces. Investors often look toward rental yields in surrounding areas like AB Road and South Tukoganj, where rental rates hover around ₹50 per sq ft. This connectivity to key commercial corridors ensures that the locality remains on the radar for both end-users and long-term asset holders.
The average asking price in Scheme No 103 is ₹3,700 per sq ft as of March 2026. This rate has remained stable with a 0% change, indicating a balanced market environment where prices have held steady over the recent period.
Property rates in Scheme No 103 have shown a fluctuating trajectory in the broader micromarket, with the micromarket rate recorded at ₹5,350 per sq ft as of March 2026. This reflects a shift from ₹5,650 per sq ft in December 2025, suggesting a period of price correction in the immediate vicinity. Investors and buyers should note that while the specific locality rate for Scheme No 103 stands at ₹3,700 per sq ft, the surrounding micromarket dynamics provide broader context for valuation trends.
Property rates in Scheme No 103, at ₹3,700 per sq ft, are positioned competitively compared to several nearby areas. For instance, Ab Road commands a significantly higher average asking price of ₹7,050 per sq ft, which has appreciated by 35.14% from the previous period. Other nearby areas include Bijalpur at ₹4,700 per sq ft, Silicon City at ₹5,300 per sq ft (which has appreciated by 3.9%), and Rau at ₹3,250 per sq ft, which has seen an appreciation of 5.98%.
The average asking price for apartments in Scheme No 103 is ₹3,700 per sq ft as of March 2026. This specific property segment has appreciated by 2.58% compared to the previous assessment period, signaling a steady demand for apartment-style living within this locality.
Rental rates in the areas surrounding Scheme No 103 are currently uniform at ₹50 per sq ft across several key locations. Specifically, Ab Road has seen a rental appreciation of 4.62%, while South Tukoganj has experienced a notable rental appreciation of 15.09%. Meanwhile, RNT Marg has maintained stable rental rates with a 0% change, providing a consistent benchmark for tenants looking for options in these established neighbourhoods.
Determining if Scheme No 103 is suitable for investment depends on your budget and long-term goals, given the current average asking price of ₹3,700 per sq ft as of March 2026. With the locality showing price stability (0% change) and proximity to areas like Rau, which has appreciated by 5.98%, investors can evaluate the potential for capital growth against the entry cost. It is recommended to compare these rates with the rental trends in nearby hubs like Ab Road or South Tukoganj to assess the overall income potential of the broader region.
