How do property rates compare between Pragati Evenue, Bhicholi Hapsi, Central Business Park, Magaraura, Chole Ki Daphai, Hasanapura, Kisanapura, Ramapura?

Among the compared micro-markets, Central Business Park has the highest statutory circle rate at ₹57,600/sqm (≈ ₹5,351/sqft). In terms of MP RERA development volume, Central Business Park leads with 20 registered projects.

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INDOREPragati Evenue

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MAHANKA COMPARATIVE SYNTHESIS

Decision Takeaway:

Among the 3 selected locations, Central Business Park has the highest indexed MP RERA development activity with 20 registered projects, while Central Business Park holds the largest ongoing delivery pipeline with 18 active developments. In statutory valuation, Central Business Park commands the highest government guideline rate at ₹57,600/sqm (≈ ₹5,351/sqft).

Decision Vector	Pragati Evenue, Bhicholi Hapsi Indore, Madhya Pradesh View ↗	Central Business Park Indore, Madhya Pradesh View ↗	Magaraura, Chole Ki Daphai, Hasanapura, Kisanapura, Ramapura Indore, Madhya Pradesh View ↗
Residential Plot Circle Rate	₹9,500 / sqm ≈ ₹883 / sq ft	₹57,600 / sqm ≈ ₹5,351 / sq ft	₹3,000 / sqm ≈ ₹279 / sq ft
Commercial Plot Baseline	₹12,300 / sqm	₹79,200 / sqm	₹4,500 / sqm
District Valuation Standing	Mid Market Top 35% in Indore	Mid Market Top 35% in Indore	Mid Market Top 35% in Indore
MP RERA Registered Projects	0 Projects 0 active developers	20 Projects 19 active developers SHREENATH JI VIHAR - A EMPIRE ESTATE OSCAR FORT L+17 more	20 Projects 18 active developers AVASA ANNEXE 1 M G PRIDE TREASURE TOWN GOLD+17 more
Delivery Pipeline Status	Ongoing:0 Completed:0 Extended:0	Ongoing:18 Completed:2 Extended:0	Ongoing:18 Completed:2 Extended:0
Inventory Absorption & Supply	Filings under aggregation	Total Units:1,796 Sold Units:486 Remaining:1,310 27% Market Absorption	Total Units:1,201 Sold Units:330 Remaining:875 27% Market Absorption
Stamp Duty & Registration	Varies by municipal classification & buyer category — verify with local Sub-Registrar before registration	Varies by municipal classification & buyer category — verify with local Sub-Registrar before registration	Varies by municipal classification & buyer category — verify with local Sub-Registrar before registration
Source Verification	✓ MPIGR GAZETTE INDEXED — MP RERA: Ingestion Pending for this locality ⚖ Title / Encumbrance: Not Assessed	✓ MPIGR GAZETTE INDEXED ✓ MP RERA FILINGS LINKED (20 Projects) ⚖ Title / Encumbrance: Not Assessed	✓ MPIGR GAZETTE INDEXED ✓ MP RERA FILINGS LINKED (20 Projects) ⚖ Title / Encumbrance: Not Assessed