Property Rates in Scheme No 140, Indore

In Scheme No 140, Indore, apartments are priced at an average of ₹6,650 per sq ft as of March 2026, showing a depreciation of 2.02% from the previous period. Villas, on the other hand, are priced higher at ₹9,950 per sq ft, with a slight depreciation of 1.18% over the same timeframe. This suggests that while both property types have seen minor price corrections, villas command a significant premium over apartments in this locality.

For Ready To Move properties in Scheme No 140, Indore, the average price is ₹3,400 per sq ft as of March 2026. This represents a depreciation of 5.74% from the previous period, indicating a softening in prices for completed units. With only one unit recorded in this category, this figure might be sensitive to specific property characteristics.

When comparing Scheme No 140 to its surrounding micromarkets, notable price movements are observed. Kanadia Road has seen a substantial appreciation of 23.28%, with average rates at ₹4,350 per sq ft as of March 2026. In contrast, Bengali Square has experienced a depreciation of 6.9%, with average rates at ₹5,150 per sq ft. Indore Bypass Road, focusing on villas, has appreciated by 3.31% to ₹5,950 per sq ft, while Manorama Ganj apartments are priced at ₹7,850 per sq ft, up by 1.97%.

The 'Ready To Move' property status in Scheme No 140, Indore, is currently priced at an average of ₹3,400 per sq ft as of March 2026. This rate has depreciated by 5.74% from the previous period. This price point for completed properties, compared to potentially higher rates for under-construction or newly launched projects (if data were available), suggests that buyers may find immediate occupancy units at a slightly reduced rate in this segment.

The project Blue Dilpasand Green, located in Scheme No 140, Indore East, has a current listing rate of ₹3,400 per sq ft as of March 2026. This rate has depreciated by 5.74% from the previous period. Given that this is the only project listed by listing rate, this figure represents the current market sentiment for this specific development, indicating a downward adjustment in asking prices.

Scheme No 140, Indore, has an average asking price of ₹6,650 per sq ft as of March 2026, showing no change from the prior period. Nearby, Manorama Ganj apartments are priced higher at ₹7,850 per sq ft, appreciating by 1.97%. Bengali Square, however, is priced lower at ₹5,150 per sq ft, having depreciated by 6.9%. This comparison highlights that Scheme No 140 sits at a mid-to-higher range relative to some surrounding areas, but below premium pockets like Manorama Ganj.