New Launch
Under Construction
Ready to Move
Indore
Scheme No 140 presents a mature residential landscape characterized by a blend of apartment and villa offerings. Price trends over the last three quarters indicate a shift in market valuations, with current rates settling at ₹6,650 per sq ft. The rental market is active, anchored by consistent demand for established residential units. Developers remain focused on maintaining project quality, ensuring the locality stays relevant for long-term residents and investors alike.
As of March 2026, the average asking price in Scheme No 140 stands at ₹6,650 per sq ft. This rate has remained stable, showing a 0% change, which suggests a period of price consolidation in the local residential market.
The property price trend in Scheme No 140 has shown a downward trajectory over the last few quarters. The micromarket rate was ₹5,350 per sq ft in March 2026, compared to ₹5,650 per sq ft in December 2025 and ₹6,050 per sq ft in September 2025, indicating a gradual adjustment in market valuations.
Property rates in Scheme No 140 vary significantly when compared to surrounding areas in Indore. For instance, Manorama Ganj currently commands a higher average asking price of ₹7,850 per sq ft, having appreciated by 1.97% from June 2025 to March 2026. Conversely, areas like Bengali Square and Bicholi Mardana have seen depreciation, with rates at ₹5,150 per sq ft (down 6.9% from June 2025 to March 2026) and ₹5,350 per sq ft (down 3.5% from June 2025 to March 2026), respectively.
As of March 2026, villas in Scheme No 140 are priced at an average of ₹9,950 per sq ft, which depreciated by 1.18% compared to previous periods. In contrast, apartments are available at an average asking price of ₹6,650 per sq ft, which has seen a depreciation of 2.02% over the same timeframe, reflecting the premium nature of villa developments in this locality.
Ready To Move properties in Scheme No 140 are currently priced at an average of ₹3,400 per sq ft as of March 2026. This segment has experienced a depreciation of 5.74% when compared to previous market data, which may offer a more accessible entry point for buyers looking for immediate possession.
A buyer should view the current price trends in Scheme No 140 as a period of market correction or stabilization. With the average asking price for apartments at ₹6,650 per sq ft and a 0% change as of March 2026, the market is currently showing limited volatility, which can be beneficial for end-users seeking price certainty before finalizing their purchase.
Blue Dilpasand Green is a notable project in the locality with an average listing rate of ₹3,400 per sq ft as of March 2026. This project has seen a depreciation of 5.74% in its listing rate compared to previous periods, which is consistent with the broader Ready To Move property segment trends observed in Scheme No 140.
