Indore
The real estate market in Scheme No 103 presents a balanced environment for property seekers, with average residential prices currently at ₹3,700 per sq ft. Apartments drive the local segment, showing a steady appreciation of 2.58% that underscores the area's sustained residential demand. While neighboring localities like Vijay Nagar command significantly higher rates at ₹10,750 per sq ft, Scheme No 103 offers a more accessible entry point for potential homeowners. Rental demand is also active in the wider region, with professional hubs like Vijay Nagar seeing average rental rates of ₹50 per sq ft. This diverse pricing landscape allows investors to weigh the benefits of growth-oriented residential assets against established commercial hubs.
The average asking price in Scheme No 103 is ₹3,700 per sq ft as of June 2026. This rate has remained stable with a 0% change compared to the previous period, indicating a period of price consolidation in this locality.
The micromarket rate in Scheme No 103 has shown a fluctuating trajectory, reaching ₹5,850 per sq ft as of June 2026. This reflects an increase from the ₹5,350 per sq ft recorded in March 2026, following a dip to ₹5,650 per sq ft in December 2025 and a peak of ₹6,050 per sq ft in September 2025. These variations suggest a dynamic market environment where buyers should monitor quarterly shifts closely.
Property rates vary significantly across the region, with Scheme No 103 currently positioned at an average of ₹3,700 per sq ft. In comparison, nearby areas show diverse pricing: Bijalpur is at ₹4,800 per sq ft (having appreciated by 2.71%), while Silicon City stands at ₹5,300 per sq ft (up by 0.91%). Conversely, areas like AB Road at ₹6,800 per sq ft and AB Bypass Road at ₹5,750 per sq ft have experienced depreciation of 3.68% and 10.65% respectively, highlighting the premium commanded by different micro-pockets.
Apartments in Scheme No 103 are currently priced at an average of ₹3,700 per sq ft as of June 2026. This segment has shown positive momentum, having appreciated by 2.58% compared to the previous assessment period, signaling sustained demand for residential apartment units in this locality.
While specific rental data for Scheme No 103 is limited, the broader area shows active rental markets, such as Vijay Nagar, where the average rental rate is ₹50 per sq ft as of June 2026. This rental rate in Vijay Nagar has appreciated by 4.76% compared to the prior period, reflecting strong demand for rental properties in this key commercial and residential hub.
