Property Rates in Scheme No 140, Indore

Scheme No 140 in Indore presents a dynamic residential market with an average asking price of ₹6,635 per sq ft. Analysis of recent price trends reveals a period of adjustment, with location rates decreasing from a high of ₹7,075 per sq ft in June 2025 to ₹6,635 per sq ft by December 2025. This downward movement suggests a potential buyer's market or a recalibration of prices. When compared to neighboring areas, Scheme No 140 offers competitive pricing, standing below premium localities like Pipliyahana (₹8,384 per sq ft) and significantly lower than Gulmohar Colony (₹15,085 per sq ft), yet remaining above more affordable options like Bengali Square (₹5,415 per sq ft). The market caters to diverse preferences, with apartments aligning closely with the average asking price at ₹6,635 per sq ft, experiencing a minor decline of 2.02%. For those seeking more spacious living, villas are available at a higher average of ₹9,951 per sq ft, though they have also seen a slight price reduction of 1.18%. In terms of availability, the "Ready To Move" segment currently features a project like Blue Dilpasand Green, priced at ₹3,625 per sq ft, indicating opportunities for immediate occupancy at a rate below the overall average. This specific offering could attract buyers looking for value and quick possession. The limited data on new projects and the absence of transaction volumes suggest a market that might be consolidating, offering potential entry points for strategic investors.