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%
7.9k
7.3k
6.0k
4.8k
4.3k
4.0k
3.6k
3.3k

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 citywide premiums ranging from 15% to 43%, reflecting sustained end-user demand against a ~6.0% YoY appreciation trend. Arera Colony–Shahpura commands the steepest premium at 43.2% (₹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, well-connected pockets show guideline rates lagging furthest behind market reality, signalling higher land acquisition costs and compensation disputes wherever these zones intersect PPP corridors or TOD nodes. Peripheral belts—Ayodhya Bypass, Katara Hills, Bairagarh–Lalghati—carry the thinnest premiums (15–20%), making them more tractable for greenfield infrastructure land pooling and cost-efficient asset monetisation, though with correspondingly lower revenue-yield ceilings for annuity-based models. For investors structuring PPP bids, the widening core-periphery premium gap underscores the need for updated reckoner benchmarking before land valuation. Expect guideline rate revisions in high-premium zones over the medium term as authorities recalibrate to narrow the gap and improve stamp-duty realisation.

Generated 2026-09-06 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

3k4k4k5k6k3k5k6k8k9k

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.

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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