Indore
Scheme No 140 serves as a key residential pocket in Indore, maintaining a steady price point for property seekers. While the apartment segment experiences minor adjustments, the demand for high-end villas remains a notable feature of the local landscape. Rental activity in the vicinity, particularly in areas like LIG Colony, provides a stable baseline for those looking at investment returns. The area continues to attract interest due to its proximity to major city hubs and consistent infrastructure growth.
The average asking price in Scheme No 140 is ₹6,650 per sq ft as of September 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
Property prices in Scheme No 140 have shown a fluctuating trajectory in the micromarket rates leading up to September 2026. The micromarket rate was ₹5,650 per sq ft in December 2025, dipped to ₹5,350 per sq ft in March 2026, and rose to ₹5,850 per sq ft by June 2026. Investors should note these shifts as they reflect the evolving demand-supply dynamics within this specific locality.
Property rates in Scheme No 140, currently at ₹6,650 per sq ft, sit in the mid-to-high range compared to surrounding neighbourhoods. For context, nearby areas show varied pricing: Manorama Ganj commands a higher average of ₹8,150 per sq ft (up 3.62% from previous periods), while Kanadia Road offers a more accessible entry point at ₹4,550 per sq ft, which has appreciated by 4.82%. Other areas like Bicholi Mardana are priced at ₹5,550 per sq ft, showing a 3.25% appreciation, and Bengali Square is at ₹5,000 per sq ft, reflecting a 3.45% depreciation.
As of September 2026, villas in Scheme No 140 are priced at an average of ₹9,950 per sq ft, having depreciated by 1.18% over the observed period. In contrast, apartments are more affordably priced at an average of ₹6,650 per sq ft, which has seen a depreciation of 2.02% compared to previous data. This price gap highlights the premium associated with independent villa living in the area versus the more standardized apartment segment.
Rental activity in the vicinity of Scheme No 140 is highlighted by LIG Colony, which currently commands an average rental rate of ₹50 per sq ft. This rate has remained stable with a 0% change, suggesting a consistent rental market for tenants looking for established residential options in the broader Indore region.
Scheme No 140 presents a stable residential profile with an average asking price of ₹6,650 per sq ft as of September 2026. Because the market has shown price stability with a 0% change in the overall asking price, it may be better suited for end-users seeking long-term residential stability rather than those looking for rapid short-term capital appreciation. Investors should weigh this against the performance of neighbouring areas like Indore Bypass Road, which has seen significant growth, to determine if the location aligns with their specific financial goals.
