Indore
The real estate market in Scheme No 140 shows clear momentum with current property rates reaching ₹7,050 per sq ft. This growth is supported by a steady increase in apartment valuations, which have risen by 5.88% recently. Rental demand in the broader region remains stable, with areas like Lig Colony recording average rental rates of ₹50 per sq ft. While the residential sector remains the primary driver, the diverse pricing across nearby localities offers investors various entry points based on their budget and long-term goals.
As of September 2026, the average asking price in Scheme No 140 is ₹7,050 per sq ft. This rate has remained stable with a change percentage of 0% compared to previous tracking periods, indicating a consistent price environment for residential apartments in this locality.
Property rates in Scheme No 140 have shown a resilient trajectory, with the location rate reaching ₹7,050 per sq ft as of September 2026. Data from December 2025 shows the rate was ₹6,650 per sq ft, reflecting a period of price appreciation that underscores steady demand for residential assets in this area.
Property prices in Scheme No 140, currently at ₹7,050 per sq ft, are positioned at a premium compared to many surrounding areas. For instance, neighbourhoods like Kanadia Road have an average asking price of ₹4,450 per sq ft, which depreciated by 2.91% from previous periods, while Manorama Ganj commands a higher average of ₹8,450 per sq ft, having appreciated by 4.14%. Other nearby areas like Bengali Square (₹5,050 per sq ft) and Bicholi Mardana (₹5,550 per sq ft) also show varying price points, with Bengali Square seeing an appreciation of 1.91%.
As of September 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 ₹7,050 per sq ft. The apartment segment has seen significant growth, appreciating by 5.88% compared to previous periods, whereas villa pricing has seen a minor depreciation of 1.18% over the same timeframe, suggesting a shift in buyer preference or supply dynamics toward apartment-style living.
While specific rental data for Scheme No 140 is currently limited, nearby areas like LIG Colony offer rental options at an average rate of ₹50 per sq ft. This rental rate has remained stable with a 0% change, providing a baseline for tenants looking for residential rental opportunities in the broader vicinity of the locality.
The current price stability in Scheme No 140, with the average asking price holding at ₹7,050 per sq ft as of September 2026, often signals a balanced market where supply and demand are well-aligned. For prospective buyers, this stability provides a predictable environment for financial planning, as it suggests that the locality is not currently experiencing the volatility of rapid speculative price hikes or sharp market corrections.
Bicholi Hapsi has emerged as a high-growth area near Scheme No 140, with an average asking price of ₹6,650 per sq ft as of September 2026. This represents a notable appreciation of 18.1% compared to previous periods, making it a significant outlier in terms of price movement compared to more stable areas like Saket Nagar, which held steady at ₹5,600 per sq ft with 0% change.
