Indore rates, per sq ft carpet.












Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.
| Micro-market | Market ₹/sq ft | Reckoner | Premium | Rent ₹/sq ft/mo | Yield · typical |
|---|---|---|---|---|---|
| Vijay Nagar – AB Rd Central business district | ₹8,100 | ₹5,410 | +49.7% (+2.7% vs city line) | ₹16.2 | 2.4% 2 BHK ₹15,400/mo |
| Palasia – Old Palasia Prime residential | ₹7,230 | ₹5,080 | +42.3% (-1.2% vs city line) | ₹16.3 | 2.71% 2 BHK ₹15,500/mo |
| Nipania Prime residential | ₹6,130 | ₹4,370 | +40.3% (+0.7% vs city line) | ₹13.8 | 2.7% 2 BHK ₹13,100/mo |
| Mahalaxmi Nagar – Scheme 140 Established mid-market | ₹5,660 | ₹4,200 | +34.8% (-2.3% vs city line) | ₹14.6 | 3.1% 2 BHK ₹13,900/mo |
| Super Corridor Established mid-market | ₹5,190 | ₹3,900 | +33.1% (-1.6% vs city line) | ₹13.4 | 3.1% 2 BHK ₹12,700/mo |
| Bicholi Mardana Growth suburb | ₹4,600 | ₹3,590 | +28.1% (-2.8% vs city line) | ₹13 | 3.39% 2 BHK ₹12,400/mo |
| Rau – Bypass Growth suburb | ₹4,310 | ₹3,350 | +28.7% (-0.2% vs city line) | ₹12.2 | 3.4% 2 BHK ₹11,600/mo |
| Sanwer Rd – Ujjain Rd Peripheral / emerging | ₹3,190 | ₹2,590 | +23.2% (+6.3% vs city line) | ₹9.8 | 3.69% 2 BHK ₹9,300/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)
₹13.94 cr
₹3,200/sq ft × 43,560 sq ft
Stamp duty + registration
₹1.46 cr
7.5% + 3% on ₹13.94 cr
Total outlay
₹15.40 cr
₹1,768 per buildable sq ft @ FSI 2
Madhya Pradesh: 7.5% stamp + 3% registration. Indicative — confirm with the sub-registrar's current schedule.
Vidura market brief
Indore's residential market continues to trade well above MP IGR guideline rates across all tracked micro-markets, with premiums ranging from 23% to nearly 50%, reflecting sustained end-user and investor demand against a seeded YoY appreciation trend of approximately 7%. Vijay Nagar–AB Road commands the steepest premium at 49.7% (₹8,100/sq ft vs ₹5,410 reckoner), followed by Old Palasia at 42.3% and Nipania at 40.3% — corridors benefiting from established commercial density, connectivity and social infrastructure. This widening gap between transacted and circle rates matters directly for land acquisition costs, stamp duty computations, and compensation benchmarking in PPP land-pooling or TOD models, where government rates increasingly understate true market value, complicating fair-value negotiations and asset monetisation exits. Peripheral growth corridors like Super Corridor and Rau Bypass show comparatively moderate premiums (28-33%), suggesting better acquisition economics for greenfield infrastructure projects. With hospitality and commercial investment activity (such as Pride Hotels' new Indore property) signaling continued confidence, guideline rate revisions are likely to lag market reality further, sustaining acquisition arbitrage in near term.
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 +20.1% · rent +21.2%
- rent
- value
- yoy
Reckoner ↔ market correlation
market ≈ −₹1,485.1 + 1.7326 × reckoner · R² 0.993 · n = 8 micro-markets
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).
