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Indore
Scheme No 140 in Indore presents a dynamic real estate environment characterized by a consistent average asking price of ₹6,650 per sq ft. The market has navigated recent shifts in valuation, reflecting a mature phase of development that balances buyer demand with available inventory. Rental options, such as those found in the nearby Lig Colony, provide additional utility for those seeking a foothold in this location. The residential sector remains the primary driver of activity, with projects like Blue Dilpasand Green highlighting the ongoing interest in established locales. Investors should note the varying performance across surrounding areas, which provides a broader context for property value appreciation.
As of June 2026, the average asking price in Scheme No 140 is ₹6,650 per sq ft. This rate has remained stable with a change percentage of 0% compared to previous periods, indicating a steady price environment for residential apartments in this locality.
The micromarket rate in Scheme No 140 has shown a positive trajectory, moving from ₹5,350 per sq ft in March 2026 to ₹5,800 per sq ft in June 2026. This upward movement suggests a strengthening of demand in the area over the last quarter, following a period of fluctuation where rates were at ₹5,650 per sq ft in December 2025 and ₹6,050 per sq ft in September 2025.
Property prices in Scheme No 140, at ₹6,650 per sq ft, sit in the mid-to-high range when compared to surrounding neighbourhoods. For instance, Manorama Ganj commands a higher average of ₹7,850 per sq ft (which appreciated by 1.97% from June 2025 to June 2026), while areas like Kanadia Road are more accessible at ₹4,350 per sq ft, having seen a significant appreciation of 23.28% over the same period. Other nearby localities include Bicholi Mardana at ₹5,350 per sq ft (depreciated by 3.5%) and Bengali Square at ₹5,150 per sq ft (depreciated by 6.9%).
As of June 2026, villas in Scheme No 140 are priced at an average of ₹9,950 per sq ft, while apartments are available at an average of ₹6,650 per sq ft. Both segments have experienced a slight market correction, with villa prices depreciating by 1.18% and apartment prices depreciating by 2.02% compared to the previous assessment period.
Ready To Move properties in Scheme No 140 are currently priced at an average of ₹3,400 per sq ft as of June 2026. This segment has seen a depreciation of 5.74% compared to the previous period, which may present a value-entry opportunity for buyers looking for immediate possession in this locality.
As of June 2026, the average rental rate in LIG Colony, a nearby locality to Scheme No 140, is ₹50 per sq ft. This rate has remained stable with a 0% change, reflecting consistent rental demand in the area.
Blue Dilpasand Green is a notable project in Scheme No 140, currently featuring an average listing rate of ₹3,400 per sq ft as of June 2026. This project has seen a price depreciation of 5.74% compared to the previous period, which is consistent with the broader Ready To Move segment trend in the locality.
