What’s new in Scheme No 114, Indore? Recent & Future Developments
Last Update: 26 Jun 2026
26 Jun2026
Indore-Ujjain Greenfield Corridor Foundation Laid
The foundation stone for the 48-km, four-lane Indore-Ujjain Greenfield Corridor has been laid. This ₹2,935 crore project is expected to significantly reduce travel time between the two cities, improve traffic movement, and benefit approximately 1.5 million people in the surrounding region.
Source: Dainik Jagran English
13 May2026
Indore Gears Up for Major Urban Development and Infrastructure Boost
Madhya Pradesh has approved ₹626.49 crore for land compensation for the Indore-Ujjain Green Field 4-Lane road project, The city is also poised for a broader urban revamp with projects like the Siyaganj Commercial Complex, a residential project on Hukumchand Mill land, and the redevelopment of MIG Colony.
Source: The Times of India
06 May2026
Indore Municipal Corporation Presents ₹8,455 Crore Budget for Fiscal 2026-27
The Indore Municipal Corporation (IMC) has presented a surplus budget of ₹8,455 crore for the fiscal year 2026-27, prioritizing infrastructure upgrades and water security. Key allocations include the expansion of the Narmada water project (Phase IV) for 24/7 water supply to outskirts and the completion of master plan roads.
Source: Dainik Jagran English
06 May2026
₹2,360 Crore Indore-Pithampur Economic Corridor Launched to Boost Industrial Growth
The Chief Minister of Madhya Pradesh has launched the Indore-Pithampur Economic Corridor, a significant infrastructure project valued at ₹2,360 crore. This corridor aims to enhance logistics and connectivity between (Super corridor) Indore and Pithampur, fostering industrial growth and creating an estimated 6 lakh employment opportunities.
Source: Free Press Journal, Indianmasterminds.com
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Price Rates & Insights for Scheme No 114
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Near by Locationsin Scheme No 114
compared to Indore at ₹ 5.1 k/Sq.Ft.
₹ 7,100
Pipliya Kumar
₹ 5,300
Vijay Nagar
₹ 5,050
Mr 11
₹ 4,500
Mr 10
₹ 2,750
Dewas Naka
Top Projectsin Scheme No 114
Godrej Verdania Estate is the top project in Scheme No 114 with prices from ₹ 1.50 Cr to 2.50 Cr.