The official Collector Guideline circle rate for Mahalaxmi Nagar Sector 3, 4, 5 Avam 6 in Tehsil Indore, Indore, Madhya Pradesh is ₹40,000/sqm (approx. ₹3,716/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.
Mahalaxmi Nagar Sector 3, 4, 5 Avam 6 is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.
This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 36 (NIPANIYA) (Tehsil Indore). The statutory record is registered on Page 67 at Serial No. 658.
Statutory Development Plan, Land Use & Right-of-Way (RoW)
| Valuation Category | Classification Type | Official Rate (₹ / sq m) | Equivalent Rate (₹ / sq ft) |
|---|---|---|---|
| Residential Plot | Open Land / Plot | ₹ 40,000 / sqm | ₹ 3,716 / sq ft |
| Commercial Plot | Commercial Open Land | ₹ 54,000 / sqm | ₹ 5,017 / sq ft |
| Industrial Plot | Industrial Zone Land | ₹ 40,000 / sqm | ₹ 3,716 / sq ft |
| RCC Construction | Pucca Concrete Structure | ₹ 54,000 / sqm | ₹ 5,017 / sq ft |
| Commercial Shop | Retail Store Space | ₹ 69,600 / sqm | ₹ 6,466 / sq ft |
| Multi-Storey Residential | Apartment / Flat | ₹ 40,000 / sqm | ₹ 3,716 / sq ft |
| Agricultural Land (Irrigated) | Cultivable Farmland | ₹ 24,00,00,000 / hectare | ₹ 2,230 / sq ft |
Estimated government guideline valuation for Mahalaxmi Nagar Sector 3, 4, 5 Avam 6
Live borrowing capacity, exact stamp dues, and institutional protection underwriting.
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Village survey numbers and agricultural diversion status verification.
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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.
The official collector guideline circle rate for residential plots in Mahalaxmi Nagar Sector 3, 4, 5 Avam 6 (Tehsil Indore, Indore) is ₹40,000 per square meter (approx. ₹3,716 per square foot) as notified in the MPIGR Gazette schedule for FY 2026–27.