Scheme No 103 currently serves as a steady residential hub in Indore, characterized by accessible entry-level pricing and consistent appreciation. The market is primarily driven by apartment demand, which has seen a steady uptick in value over the recent period. Rental activity in the broader region remains competitive, particularly in neighboring commercial hubs like Vijay Nagar, which influences regional investment sentiment. Developers continue to align their offerings with current market demand to maintain transaction momentum.
The average asking price in Scheme No 103 is ₹3,700 per sq ft as of Sep 2026. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in this residential apartment market.
Property prices in the Scheme No 103 micromarket have shown a fluctuating trend, reaching ₹5,900 per sq ft as of Sep 2026. This reflects a recovery from the ₹5,350 per sq ft observed in Mar 2026, following a dip to ₹5,650 per sq ft in Dec 2025 and a subsequent rise to ₹5,850 per sq ft in Jun 2026, suggesting resilient demand in the area.
Property rates in Scheme No 103, currently at ₹3,700 per sq ft, are positioned lower than several surrounding areas. For context, nearby localities include AB Road at ₹6,900 per sq ft (which appreciated by 1.17% from the previous period), Silicon City at ₹5,200 per sq ft (which depreciated by 2.76%), and Bijalpur at ₹4,800 per sq ft, which has remained stable.
The average asking price for apartments in Scheme No 103 is ₹3,700 per sq ft as of Sep 2026. This segment has shown positive momentum, having appreciated by 2.58% compared to the previous period, which highlights a steady interest in apartment-style living within this locality.
While specific rental data for Scheme No 103 is limited, the broader region shows significant rental activity, such as in Vijay Nagar, where the average rental rate is ₹50 per sq ft as of Sep 2026. This rate has appreciated by 4.76% compared to the previous period, reflecting strong demand for rental properties in the surrounding high-growth corridors.