MAHANKAIndore · FY 2026–27
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OFFICIAL VALUATION BENCHMARK · FY 2026–27

The official Collector Guideline circle rate for Khandelval Nagar, Sky Heights in Tehsil Indore, Indore, Madhya Pradesh is ₹20,700/sqm (approx. ₹1,923/sqft) for residential plots as notified by MPIGR. Applicable stamp duty and registration fees vary by municipal classification and purchaser category — confirm with the local Sub-Registrar before registration.

MAHANKA DECISION SYNTHESISIndore, MP

Khandelval Nagar, Sky Heights Intelligence Summary

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RERA Projects
0
0 ongoing · 0 completed
Guideline Benchmark
₹20,700
≈ ₹1,923/sqft
Development Zone
MATURE
0 active promoters
Valuation Tier
Above median
District benchmark
Strategic Decision SynthesisAUDITED 2026
Collector Benchmark: ₹20,700/sqm

Khandelval Nagar, Sky Heights is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.

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Khandelval Nagar, Sky Heights

OFFICIAL GAZETTE RECORD📍 CURATED CENTROID
📍 Indore District🏛 Tehsil: Indore🏙 Ward 64 · WARD NO. 64 (CHITAWAD)📄 1 record attached
Residential PlotAbove median
₹ 20,700/ sqm
≈ ₹ 1,923 / sq ft
Standard Baseline Rate
Commercial RateCommercial
₹ 25,500/ sqm
≈ ₹ 2,369 / sq ft
Plots, Retail Shops & Offices
District PositionIndore
Standard
Above median pricing tier in Indore
Compared across Indore localities
Coverage & QAAUTO_COMPUTED
—
Auto-computed from rate and category coverage
Geo 75% · Page 148 · Serial 1546
Audit Explanation· Statutory Rate Context

Why this rate applies to Khandelval Nagar, Sky Heights

This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 64 (CHITAWAD) (Tehsil Indore). The statutory record is registered on Page 148 at Serial No. 1546.

Source Document: 2026-2027_C_Indore_EN.pdf·Status: Verified Gazette
Tehsil Directory

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Statutory Matrix

Government Guideline Rate Schedule (FY 2026–27)

18 Statutory Categories
Valuation CategoryClassification TypeOfficial Rate (₹ / sq m)Equivalent Rate (₹ / sq ft)
Residential PlotOpen Land / Plot₹ 20,700 / sqm₹ 1,923 / sq ft
Commercial PlotCommercial Open Land₹ 25,500 / sqm₹ 2,369 / sq ft
Industrial PlotIndustrial Zone Land₹ 20,700 / sqm₹ 1,923 / sq ft
RCC ConstructionPucca Concrete Structure₹ 34,700 / sqm₹ 3,224 / sq ft
Commercial ShopRetail Store Space₹ 41,100 / sqm₹ 3,818 / sq ft
Multi-Storey ResidentialApartment / Flat₹ 22,300 / sqm₹ 2,072 / sq ft
Agricultural Land (Irrigated)Cultivable Farmland₹ 20,70,00,000 / hectare₹ 1,923 / sq ft
Interactive Valuation Engine

Guideline Value Calculator

≈ 92.90 sq m
Indicative EstimateFY 2026–27
₹ 19,23,093

Estimated government guideline valuation for Khandelval Nagar, Sky Heights

Calculation Audit Breakdown
Land Area Conversion92.90 sqm
1000 sqft × 0.092903 = 92.90 sqm
Land Component Guideline Value₹ 19,23,093
92.90 sqm × ₹20,700/sqm
Total Indicative Guideline Value₹ 19,23,093
Land Value (₹ 19,23,093) + Structure Value (₹ 0)
Disclaimer: Indicative estimate based on the official Madhya Pradesh Collector Guideline Rate Schedule (FY 2026–27). This calculation does not constitute an official government valuation certificate or a market transaction quote.
Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for Khandelval Nagar, Sky Heights

Live borrowing capacity, exact stamp dues, and institutional protection underwriting.

Loan-to-Value (LTV):
Tenure:
Benchmark Rate:8.5% p.a.
Max Loan Sanction (80% LTV)
₹ 15,38,474
Collateral Base: ₹ 19,23,093
Indicative EMI (20 Yrs @ 8.5%)
₹ 13,351 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 6,01,544
20% Margin (₹ 3,84,619) + Govt Dues (₹ 2,01,925) + Legal Vetting (₹ 15,000)
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RERA Development Intelligence

Built only from EXACT and STRONG matches to this locality. Unmatched registry rows are excluded.

No evidence-backed RERA matches for this locality.

Integration Pipeline

Statutory & Planning Signal Layers

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🏗 MP RERA ProjectsQ3 2026

Registered promoter developments, completion timelines, and nearby density.

📐 Master Plan 2035Q3 2026

Town & Country Planning (T&CP) land-use zoning and proposed infrastructure corridors.

📜 MP Bhulekh KhasraQ4 2026

Village survey numbers and agricultural diversion status verification.

⚖️ Public NoticesQ4 2026

Statutory land acquisition, municipal claims, and gazette notifications feed.

Indicative Government Guideline Estimate

Mahanka is an independent intelligence platform and is not affiliated with, endorsed by, or an official representative of any government department. Values computed by our calculators are indicative estimates for informational and analytical purposes only. For official registration, stamp duty determination, or legal title verification, consult the relevant Sub-Registrar Office (SRO) or certified revenue authority.

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MAHANKA·Official Gazette FY 2026-27
● VERIFIED
Collector Guideline Value · Indore, MP

Khandelval Nagar, Sky Heights

🏛 WARD NO. 64 (CHITAWAD)Tehsil Indore
Residential₹20,700 /sqm≈ ₹1,923/sqft
Commercial₹25,500 /sqm
Stamp Duty9.5%8.5% Female
mahanka.com/indore/khandelval-nagar-sky-heightsMPIGR Gazette · Dept of Registration & Stamps
AEO / STATUTORY DIRECT ANSWERS

Frequently Asked Questions: Khandelval Nagar, Sky Heights Property Valuation & Tax

The official collector guideline circle rate for residential plots in Khandelval Nagar, Sky Heights (Tehsil Indore, Indore) is ₹20,700 per square meter (approx. ₹1,923 per square foot) as notified in the MPIGR Gazette schedule for FY 2026–27.

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Data sourced from MPIGR, TNCP MP Master Plans, and MP RERA · FY 2026–27
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