MAHANKAIndore · FY 2026–27
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Home/Indore/Tehsil Indore/WARD NO. 29 (DR. SHYAM PRASAD MUKHARJI)/Scheme No 54 & 74, Sector -a
OFFICIAL VALUATION BENCHMARK · FY 2026–27

The official Collector Guideline circle rate for Scheme No 54 & 74, Sector -a in Tehsil Indore, Indore, Madhya Pradesh is ₹95,000/sqm (approx. ₹8,826/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

Scheme No 54 & 74, Sector -a Intelligence Summary

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RERA Projects
0
0 ongoing · 0 completed
Guideline Benchmark
₹95,000
≈ ₹8,826/sqft
Development Zone
MATURE
0 active promoters
Valuation Tier
Ultra premium
District benchmark
Strategic Decision SynthesisAUDITED 2026
Collector Benchmark: ₹95,000/sqm

Scheme No 54 & 74, Sector -a is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.

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Scheme No 54 & 74, Sector -a

OFFICIAL GAZETTE RECORD📍 CURATED CENTROID
📍 Indore District🏛 Tehsil: Indore🏙 Ward 29 · WARD NO. 29 (DR. SHYAM PRASAD MUKHARJI)📄 1 record attached
Residential PlotUltra premium
₹ 95,000/ sqm
≈ ₹ 8,826 / sq ft
Standard Baseline Rate
Commercial RateCommercial
₹ 95,000/ sqm
≈ ₹ 8,826 / sq ft
Plots, Retail Shops & Offices
District PositionIndore
Standard
Ultra premium pricing tier in Indore
Compared across Indore localities
Coverage & QAAUTO_COMPUTED
—
Auto-computed from rate and category coverage
Geo 75% · Page 43 · Serial 430
Audit Explanation· Statutory Rate Context

Why this rate applies to Scheme No 54 & 74, Sector -a

This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 29 (DR. SHYAM PRASAD MUKHARJI) (Tehsil Indore). The statutory record is registered on Page 43 at Serial No. 430.

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

City Master Plan & Statutory Zoning

Official TNCP / IDA

Statutory Development Plan, Land Use & Right-of-Way (RoW)

Plan ScheduleIndore Development Plan 2021 (Notified & Extended to 2035)
Designated Land Use Zone

Vijay Nagar City-Center Commercial & High-Street Corridor

C2 • COMMERCIAL
Base FAR2x
Max Sanctionable FAR3x
TOD Premium+25% FAR Bonus
Statutorily Permitted Activities:
Retail Malls & High-Street ShoppingMultiplexesCommercial OfficesHotels & Banquets
Master Plan Road Alignment244m away
Major Road MR-10 (Super Corridor / Kumedi to AB Bypass via Radisson Sq)
RoW: 60 Meterstod corridor
IDA Planning SchemeDEVELOPED
IDA Scheme No. 54 (Vijay Nagar PU-4 / Commercial High-Street & Plotted Sector)
Notified: IDA Notified Scheme 54
Major Road MR-10 (Super Corridor / Kumedi to AB Bypass via Radisson Sq) (TOD Influence Zone)

Property falls within notified Transit-Oriented Development (TOD) influence corridor eligible for higher FAR sanction.

Authority: Directorate of Town & Country Planning (TNCP MP)
Statutory planning data compiled from official Master Plan Gazette notifications & BDA/IDA Schemes. Site-specific building permissions subject to municipal clearance under MP Bhumi Vikas Niyam.
Tehsil Directory

Other Localities in Indore Tehsil

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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₹ 95,000 / sqm₹ 8,826 / sq ft
Commercial PlotCommercial Open Land₹ 95,000 / sqm₹ 8,826 / sq ft
Industrial PlotIndustrial Zone Land₹ 95,000 / sqm₹ 8,826 / sq ft
RCC ConstructionPucca Concrete Structure₹ 1,09,000 / sqm₹ 10,126 / sq ft
Commercial ShopRetail Store Space₹ 1,10,600 / sqm₹ 10,275 / sq ft
Multi-Storey ResidentialApartment / Flat₹ 33,000 / sqm₹ 3,066 / sq ft
Agricultural Land (Irrigated)Cultivable Farmland₹ 72,00,00,000 / hectare₹ 6,689 / sq ft
Interactive Valuation Engine

Guideline Value Calculator

≈ 92.90 sq m
Indicative EstimateFY 2026–27
₹ 88,25,789

Estimated government guideline valuation for Scheme No 54 & 74, Sector -a

Calculation Audit Breakdown
Land Area Conversion92.90 sqm
1000 sqft × 0.092903 = 92.90 sqm
Land Component Guideline Value₹ 88,25,789
92.90 sqm × ₹95,000/sqm
Total Indicative Guideline Value₹ 88,25,789
Land Value (₹ 88,25,789) + 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 Scheme No 54 & 74, Sector -a

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)
₹ 70,60,631
Collateral Base: ₹ 88,25,789
Indicative EMI (20 Yrs @ 8.5%)
₹ 61,274 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 27,06,866
20% Margin (₹ 17,65,158) + Govt Dues (₹ 9,26,708) + 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

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

Scheme No 54 & 74, Sector -a

🏛 WARD NO. 29 (DR. SHYAM PRASAD MUKHARJI)Tehsil Indore
Residential₹95,000 /sqm≈ ₹8,826/sqft
Commercial₹95,000 /sqm
Stamp Duty9.5%8.5% Female
mahanka.com/indore/scheme-no-54-74-sector-aMPIGR Gazette · Dept of Registration & Stamps
AEO / STATUTORY DIRECT ANSWERS

Frequently Asked Questions: Scheme No 54 & 74, Sector -a Property Valuation & Tax

The official collector guideline circle rate for residential plots in Scheme No 54 & 74, Sector -a (Tehsil Indore, Indore) is ₹95,000 per square meter (approx. ₹8,826 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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