The official Collector Guideline circle rate for Chikitsak Nagar in Tehsil Indore, Indore, Madhya Pradesh is ₹54,000/sqm (approx. ₹5,017/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.
Chikitsak Nagar 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. 37 (SAI KRAPA) (Tehsil Indore). The statutory record is registered on Page 79 at Serial No. 768.
| Valuation Category | Classification Type | Official Rate (₹ / sq m) | Equivalent Rate (₹ / sq ft) |
|---|---|---|---|
| Residential Plot | Open Land / Plot | ₹ 54,000 / sqm | ₹ 5,017 / sq ft |
| Commercial Plot | Commercial Open Land | ₹ 70,000 / sqm | ₹ 6,503 / sq ft |
| Industrial Plot | Industrial Zone Land | ₹ 54,000 / sqm | ₹ 5,017 / sq ft |
| RCC Construction | Pucca Concrete Structure | ₹ 68,000 / sqm | ₹ 6,317 / sq ft |
| Commercial Shop | Retail Store Space | ₹ 85,600 / sqm | ₹ 7,953 / sq ft |
| Multi-Storey Residential | Apartment / Flat | ₹ 33,000 / sqm | ₹ 3,066 / sq ft |
| Agricultural Land (Irrigated) | Cultivable Farmland | ₹ 25,00,00,000 / hectare | ₹ 2,323 / sq ft |
Estimated government guideline valuation for Chikitsak Nagar
Live borrowing capacity, exact stamp dues, and institutional protection underwriting.
Direct Institutional Mortgage Matching
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Built only from EXACT and STRONG matches to this locality. Unmatched registry rows are excluded.
No evidence-backed RERA matches for this locality.
Registered promoter developments, completion timelines, and nearby density.
Town & Country Planning (T&CP) land-use zoning and proposed infrastructure corridors.
Village survey numbers and agricultural diversion status verification.
Statutory land acquisition, municipal claims, and gazette notifications feed.
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 Chikitsak Nagar (Tehsil Indore, Indore) is ₹54,000 per square meter (approx. ₹5,017 per square foot) as notified in the MPIGR Gazette schedule for FY 2026–27.