Indore
The real estate market in Scheme No 103 presents a balanced outlook for both homeowners and investors. Current pricing trends indicate a steady appreciation, particularly within the apartment segment, which remains a primary driver for the locality. Meanwhile, the rental landscape in the broader region shows varied performance, with some areas observing significant shifts in tenant demand and rental valuations. This mix of steady ownership costs and dynamic rental opportunities defines the current investment climate.
As of June 2026, the average asking price in Scheme No 103 is ₹3,700 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in this locality.
The micromarket rates in Scheme No 103 have shown volatility, moving from ₹5,650 per sq ft in December 2025 to ₹5,350 per sq ft in March 2026, and finally reaching ₹5,800 per sq ft as of June 2026. This upward trajectory from March 2026 to June 2026 suggests a resurgence in demand or a tightening of available inventory in the area.
Property rates in Scheme No 103, currently at ₹3,700 per sq ft, are generally more accessible than several surrounding areas. For instance, AB Road commands a significantly higher average asking price of ₹7,050 per sq ft, which has appreciated by 35.14% compared to the previous period, while AB Bypass Road follows at ₹6,450 per sq ft, reflecting a 20.16% appreciation. Other nearby options include Silicon City at ₹5,300 per sq ft (up 3.9%) and Bijalpur at ₹4,700 per sq ft, while Rau remains more affordable at ₹3,250 per sq ft, having appreciated by 5.98%.
Apartments in Scheme No 103 are currently priced at an average of ₹3,700 per sq ft as of June 2026. This segment has seen a modest appreciation of 2.58% compared to the previous period, highlighting steady interest from homebuyers looking for residential units in this specific locality.
Investors looking at the broader vicinity of Scheme No 103 should note that rental rates vary significantly by location. For example, AB Road has seen a substantial rental increase, with rates rising to ₹100 per sq ft, representing a 25% appreciation compared to the previous period. Conversely, South Tukoganj has experienced a rental depreciation of 8.2% compared to the previous period, with current rates at ₹50 per sq ft, suggesting that rental yields and demand are highly localized and dependent on the specific infrastructure and connectivity of each neighbourhood.
