Indore
Scheme No 140 remains a significant residential pocket in Indore, characterized by a balanced pricing structure that attracts both homebuyers and long-term investors. Recent trends indicate a shift in property valuations, with rates adjusting to current market demands while maintaining a steady presence compared to surrounding areas. The rental market is supported by consistent activity in nearby regions like Lig Colony, which averages ₹50 per sq ft. Developers continue to focus on quality residential projects that cater to the evolving needs of the urban population.
As of June 2026, the average asking price in Scheme No 140 stands at ₹6,650 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
The micromarket rate in Scheme No 140 has shown a fluctuating trajectory, moving from ₹6,050 per sq ft in September 2025 to ₹5,650 per sq ft in December 2025, followed by a dip to ₹5,350 per sq ft in March 2026, before recovering to ₹5,850 per sq ft as of June 2026. This trend suggests a dynamic market environment where buyers and investors should monitor quarterly shifts to time their entry effectively.
Property rates vary significantly across the vicinity of Scheme No 140, reflecting diverse market segments. As of June 2026, Manorama Ganj commands a premium with an average asking price of ₹8,150 per sq ft (up 3.62% from previous periods), while Indore Bypass Road shows high-value villa pricing at ₹7,650 per sq ft, having appreciated by 28.33%. Conversely, more accessible options are available in Kanadia Road at ₹4,550 per sq ft (up 4.82%) and Bengali Square at ₹5,000 per sq ft, which saw a depreciation of 3.45%.
As of June 2026, villas in Scheme No 140 are priced at an average of ₹9,950 per sq ft, which reflects a depreciation of 1.18% compared to previous periods. In contrast, apartments are available at an average of ₹6,650 per sq ft, which has seen a depreciation of 2.02% over the same timeframe, highlighting a clear premium for villa-style living in this locality.
While specific rental data for Scheme No 140 is currently limited, the nearby LIG Colony reports an average rental rate of ₹50 per sq ft as of June 2026. This rental rate has remained stable with a 0% change, providing a benchmark for landlords and tenants looking at residential leasing opportunities in the broader area.
The 0% change in the average asking price of ₹6,650 per sq ft as of June 2026 suggests that Scheme No 140 is currently experiencing a phase of price equilibrium. For investors, this stability can be a signal of a mature market where capital appreciation may be more gradual compared to high-growth emerging corridors, making it a potentially suitable choice for those prioritizing long-term holding and risk mitigation over short-term speculative gains.
