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All citiesMadhya Pradesh · Tier 2 · 8 micro-markets · reckoner: MP IGR — Guideline Rates

Bhopal rates, per sq ft carpet.

city avg 12-month change ▲ 7.1%· market runs +26.2% over reckoner
pop. 2.7 mn (2026e, 1.9 mn in 2011) · rented 26% / owned 74%
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Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Arera Colony – Shahpura
Central business district
₹7,860₹5,490+43.2% (+2.9% vs city line)₹15.72.4%
2 BHK ₹14,900/mo
MP Nagar – Zone I/II
Prime residential
₹7,270₹5,410+34.4% (-3.1% vs city line)₹16.42.71%
2 BHK ₹15,600/mo
Bawadiya Kalan
Prime residential
₹6,040₹4,510+33.9% (+0.9% vs city line)₹13.62.7%
2 BHK ₹12,900/mo
Hoshangabad Rd – Misrod
Established mid-market
₹4,820₹3,840+25.5% (-0.8% vs city line)₹12.53.11%
2 BHK ₹11,900/mo
Kolar Rd
Growth suburb
₹4,350₹3,580+21.5% (-1.6% vs city line)₹12.33.39%
2 BHK ₹11,700/mo
Bairagarh – Lalghati
Growth suburb
₹4,010₹3,330+20.4% (+0.3% vs city line)₹11.43.41%
2 BHK ₹10,800/mo
Katara Hills
Peripheral / emerging
₹3,590₹3,110+15.4% (-1.1% vs city line)₹11.13.71%
2 BHK ₹10,500/mo
Ayodhya Bypass
Peripheral / emerging
₹3,280₹2,850+15.1% (+2.8% vs city line)₹10.13.7%
2 BHK ₹9,600/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹74.10 cr

₹17,010/sq ft × 43,560 sq ft

Stamp duty + registration

₹7.78 cr

7.5% + 3% on ₹74.10 cr

Total outlay

₹81.88 cr

₹9,398 per buildable sq ft @ FSI 2

Reckoner value of plot₹12,080/sq ft₹52.62 cr
Market premium over reckoner₹21.48 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹3,020 (≈25% of land reckoner)₹26.31 cr

Madhya Pradesh: 7.5% stamp + 3% registration. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Bhopal's residential market continues to trade well above MP IGR guideline rates across all tracked micro-markets, with premiums ranging from 15% to 43%, underscoring persistent gaps between statutory valuations and actual transaction values in a market growing roughly 6.0% YoY. Arera Colony–Shahpura leads with a 43.2% premium (₹7,860 vs ₹5,490/sq ft), followed by MP Nagar Zone I/II at 34.4% and Bawadiya Kalan at 33.9% — these established, amenity-rich cores command the steepest markups, reflecting scarcity of developable land and strong end-user demand. For infrastructure and PPP investors, this matters directly: land acquisition costs benchmarked to outdated reckoner rates risk undervaluing compensation and litigation exposure, while asset monetisation (station-area development, TOD parcels, commercial leasing) in these premium pockets can support stronger revenue assumptions than circle-rate-based feasibility models suggest. Peripheral corridors like Ayodhya Bypass and Katara Hills, with premiums near 15%, offer more conservative, lower-risk entry points for greenfield PPP structuring. Expect the reckoner-market gap to persist until MP IGR revises rates upward to reflect current transaction velocity.

Generated 2026-09-13 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +17.3% · rent +17.3%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-094k5k5k5k5k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹1,605.2 + 1.6831 × reckoner · R² 0.994 · n = 8 micro-markets

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Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: MP IGR — Guideline Rates. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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