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Home/Indore/Tehsil Malharganj/WARD NO. 71 (DRAVID NAGAR)/Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander
OFFICIAL VALUATION BENCHMARK · FY 2026–27

The official Collector Guideline circle rate for Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander in Tehsil Malharganj, Indore, Madhya Pradesh is ₹50,000/sqm (approx. ₹4,645/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

Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander Intelligence Summary

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RERA Projects
0
0 ongoing · 0 completed
Guideline Benchmark
₹50,000
≈ ₹4,645/sqft
Development Zone
MATURE
0 active promoters
Valuation Tier
Ultra premium
District benchmark
Strategic Decision SynthesisAUDITED 2026
Collector Benchmark: ₹50,000/sqm

Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.

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Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander

OFFICIAL GAZETTE RECORD📍 CURATED CENTROID
📍 Indore District🏛 Tehsil: Malharganj🏙 Ward 71 · WARD NO. 71 (DRAVID NAGAR)📄 1 record attached
Residential PlotUltra premium
₹ 50,000/ sqm
≈ ₹ 4,645 / sq ft
Standard Baseline Rate
Commercial RateCommercial
₹ 50,000/ sqm
≈ ₹ 4,645 / 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 160 · Serial 1665
Audit Explanation· Statutory Rate Context

Why this rate applies to Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander

This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 71 (DRAVID NAGAR) (Tehsil Malharganj). The statutory record is registered on Page 160 at Serial No. 1665.

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 Alignment229m 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 Malharganj Tehsil

View all localities in this tehsil →
24 Carat Extention/Sanskriti Corridor /S.n. Corridore/Shrimaya Arcade (chota Bangarda)/S.n. Annex Corridor/24 Carat Colony (chota Bangarda)60 Feet RoadA B Road Mig Chouraha Se Satya Sai School Chouraha TakA B Road Satya Sai School Chouraha Se Dewas Naka Chouraja TakAadarsh Molik NagarAadinath Greens By Bcm A/B * (1.1)Aakash Greens-a/B/Ashiyan Park /High Link VillaAbhinandan NagarAce City (s.r. Indore) * (1.1)
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₹ 50,000 / sqm₹ 4,645 / sq ft
Commercial PlotCommercial Open Land₹ 50,000 / sqm₹ 4,645 / sq ft
Industrial PlotIndustrial Zone Land₹ 50,000 / sqm₹ 4,645 / sq ft
RCC ConstructionPucca Concrete Structure₹ 64,000 / sqm₹ 5,946 / sq ft
Commercial ShopRetail Store Space₹ 65,600 / sqm₹ 6,094 / sq ft
Multi-Storey ResidentialApartment / Flat₹ 48,000 / sqm₹ 4,459 / sq ft
Agricultural Land (Irrigated)Cultivable Farmland₹ 50,00,00,000 / hectare₹ 4,645 / sq ft
Interactive Valuation Engine

Guideline Value Calculator

≈ 92.90 sq m
Indicative EstimateFY 2026–27
₹ 46,45,152

Estimated government guideline valuation for Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander

Calculation Audit Breakdown
Land Area Conversion92.90 sqm
1000 sqft × 0.092903 = 92.90 sqm
Land Component Guideline Value₹ 46,45,152
92.90 sqm × ₹50,000/sqm
Total Indicative Guideline Value₹ 46,45,152
Land Value (₹ 46,45,152) + 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 Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander

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)
₹ 37,16,122
Collateral Base: ₹ 46,45,152
Indicative EMI (20 Yrs @ 8.5%)
₹ 32,249 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 14,31,771
20% Margin (₹ 9,29,030) + Govt Dues (₹ 4,87,741) + 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

Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander

🏛 WARD NO. 71 (DRAVID NAGAR)Tehsil Malharganj
Residential₹50,000 /sqm≈ ₹4,645/sqft
Commercial₹50,000 /sqm
Stamp Duty9.5%8.5% Female
mahanka.com/indore/usha-nagar-main-extention-gali-vijay-nagar-sindicate-anderMPIGR Gazette · Dept of Registration & Stamps
AEO / STATUTORY DIRECT ANSWERS

Frequently Asked Questions: Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander Property Valuation & Tax

The official collector guideline circle rate for residential plots in Usha Nagar Main-extention- Gali/Vijay Nagar Sindicate Ander (Tehsil Malharganj, Indore) is ₹50,000 per square meter (approx. ₹4,645 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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