MAHANKAIndore · FY 2026–27
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Home/Indore/Tehsil Indore/WARD NO. 34 (SAHID BHAGATSINGH)/Patel Bagh
OFFICIAL VALUATION BENCHMARK · FY 2026–27

The official Collector Guideline circle rate for Patel Bagh in Tehsil Indore, Indore, Madhya Pradesh is ₹6,000/sqm (approx. ₹557/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

Patel Bagh Intelligence Summary

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RERA Projects
0
0 ongoing · 0 completed
Guideline Benchmark
₹6,000
≈ ₹557/sqft
Development Zone
MATURE
0 active promoters
Valuation Tier
Mid market
District benchmark
Strategic Decision SynthesisAUDITED 2026
Collector Benchmark: ₹6,000/sqm

Patel Bagh is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.

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Patel Bagh

OFFICIAL GAZETTE RECORD📍 CURATED CENTROID
📍 Indore District🏛 Tehsil: Indore🏙 Ward 34 · WARD NO. 34 (SAHID BHAGATSINGH)📄 1 record attached
Residential PlotMid market
₹ 6,000/ sqm
≈ ₹ 557 / sq ft
Standard Baseline Rate
Commercial RateCommercial
₹ 6,000/ sqm
≈ ₹ 557 / sq ft
Plots, Retail Shops & Offices
District PositionIndore
Standard
Mid market pricing tier in Indore
Compared across Indore localities
Coverage & QAAUTO_COMPUTED
—
Auto-computed from rate and category coverage
Geo 75% · Page 52 · Serial 520
Audit Explanation· Statutory Rate Context

Why this rate applies to Patel Bagh

This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 34 (SAHID BHAGATSINGH) (Tehsil Indore). The statutory record is registered on Page 52 at Serial No. 520.

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₹ 6,000 / sqm₹ 557 / sq ft
Commercial PlotCommercial Open Land₹ 6,000 / sqm₹ 557 / sq ft
Industrial PlotIndustrial Zone Land₹ 6,000 / sqm₹ 557 / sq ft
RCC ConstructionPucca Concrete Structure₹ 20,000 / sqm₹ 1,858 / sq ft
Commercial ShopRetail Store Space₹ 21,600 / sqm₹ 2,007 / sq ft
Multi-Storey ResidentialApartment / Flat₹ 11,440 / sqm₹ 1,063 / sq ft
Agricultural Land (Irrigated)Cultivable Farmland₹ 3,52,00,000 / hectare₹ 327 / sq ft
Interactive Valuation Engine

Guideline Value Calculator

≈ 92.90 sq m
Indicative EstimateFY 2026–27
₹ 5,57,418

Estimated government guideline valuation for Patel Bagh

Calculation Audit Breakdown
Land Area Conversion92.90 sqm
1000 sqft × 0.092903 = 92.90 sqm
Land Component Guideline Value₹ 5,57,418
92.90 sqm × ₹6,000/sqm
Total Indicative Guideline Value₹ 5,57,418
Land Value (₹ 5,57,418) + 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 Patel Bagh

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)
₹ 4,45,935
Collateral Base: ₹ 5,57,418
Indicative EMI (20 Yrs @ 8.5%)
₹ 3,870 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 1,85,013
20% Margin (₹ 1,11,484) + Govt Dues (₹ 58,529) + Legal Vetting (₹ 15,000)
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RERA Development Intelligence

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No evidence-backed RERA matches for this locality.

Integration Pipeline

Statutory & Planning Signal Layers

Upcoming Connectors
🏗 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

Patel Bagh

🏛 WARD NO. 34 (SAHID BHAGATSINGH)Tehsil Indore
Residential₹6,000 /sqm≈ ₹557/sqft
Commercial₹6,000 /sqm
Stamp Duty9.5%8.5% Female
mahanka.com/indore/patel-baghMPIGR Gazette · Dept of Registration & Stamps
AEO / STATUTORY DIRECT ANSWERS

Frequently Asked Questions: Patel Bagh Property Valuation & Tax

The official collector guideline circle rate for residential plots in Patel Bagh (Tehsil Indore, Indore) is ₹6,000 per square meter (approx. ₹557 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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