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Home/Indore/Tehsil Indore/WARD NO. 64 (CHITAWAD)/Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak
OFFICIAL VALUATION BENCHMARK · FY 2026–27

The official Collector Guideline circle rate for Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak in Tehsil Indore, Indore, Madhya Pradesh is ₹29,700/sqm (approx. ₹2,759/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

Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak Intelligence Summary

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RERA Projects
0
0 ongoing · 0 completed
Guideline Benchmark
₹29,700
≈ ₹2,759/sqft
Development Zone
MATURE
0 active promoters
Valuation Tier
Above median
District benchmark
Strategic Decision SynthesisAUDITED 2026
Collector Benchmark: ₹29,700/sqm

Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak is an established residential/commercial zone with statutory guideline rates governed by the FY 2026–27 Indore Gazette.

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Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak

OFFICIAL GAZETTE RECORD📍 CURATED CENTROID
📍 Indore District🏛 Tehsil: Indore🏙 Ward 64 · WARD NO. 64 (CHITAWAD)📄 1 record attached
Residential PlotAbove median
₹ 29,700/ sqm
≈ ₹ 2,759 / sq ft
Standard Baseline Rate
Commercial RateCommercial
₹ 35,200/ sqm
≈ ₹ 3,270 / sq ft
Plots, Retail Shops & Offices
District PositionIndore
Standard
Above median pricing tier in Indore
Compared across Indore localities
Coverage & QAAUTO_COMPUTED
—
Auto-computed from rate and category coverage
Geo 75% · Page 148 · Serial 1544
Audit Explanation· Statutory Rate Context

Why this rate applies to Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak

This valuation is governed by the official Collector Guideline Schedule (FY 2026–27) for Indore District, under WARD NO. 64 (CHITAWAD) (Tehsil Indore). The statutory record is registered on Page 148 at Serial No. 1544.

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₹ 29,700 / sqm₹ 2,759 / sq ft
Commercial PlotCommercial Open Land₹ 35,200 / sqm₹ 3,270 / sq ft
Industrial PlotIndustrial Zone Land₹ 29,700 / sqm₹ 2,759 / sq ft
RCC ConstructionPucca Concrete Structure₹ 43,700 / sqm₹ 4,060 / sq ft
Commercial ShopRetail Store Space₹ 50,800 / sqm₹ 4,719 / sq ft
Multi-Storey ResidentialApartment / Flat₹ 24,000 / sqm₹ 2,230 / sq ft
Agricultural Land (Irrigated)Cultivable Farmland₹ 29,70,00,000 / hectare₹ 2,759 / sq ft
Interactive Valuation Engine

Guideline Value Calculator

≈ 92.90 sq m
Indicative EstimateFY 2026–27
₹ 27,59,220

Estimated government guideline valuation for Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak

Calculation Audit Breakdown
Land Area Conversion92.90 sqm
1000 sqft × 0.092903 = 92.90 sqm
Land Component Guideline Value₹ 27,59,220
92.90 sqm × ₹29,700/sqm
Total Indicative Guideline Value₹ 27,59,220
Land Value (₹ 27,59,220) + 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 Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak

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)
₹ 22,07,376
Collateral Base: ₹ 27,59,220
Indicative EMI (20 Yrs @ 8.5%)
₹ 19,156 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 8,56,563
20% Margin (₹ 5,51,844) + Govt Dues (₹ 2,89,719) + Legal Vetting (₹ 15,000)
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RERA Development Intelligence

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Integration Pipeline

Statutory & Planning Signal Layers

Upcoming Connectors
🏗 MP RERA ProjectsQ3 2026

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📐 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

Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak

🏛 WARD NO. 64 (CHITAWAD)Tehsil Indore
Residential₹29,700 /sqm≈ ₹2,759/sqft
Commercial₹35,200 /sqm
Stamp Duty9.5%8.5% Female
mahanka.com/indore/jagannath-ki-chaal-nemaver-road-navlakha-chorahe-ke-bad-se-teen-imli-chorahe-ke-pahle-takMPIGR Gazette · Dept of Registration & Stamps
AEO / STATUTORY DIRECT ANSWERS

Frequently Asked Questions: Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak Property Valuation & Tax

The official collector guideline circle rate for residential plots in Jagannath Ki Chaal/Nemaver Road Navlakha Chorahe Ke Bad Se Teen Imli Chorahe Ke Pahle Tak (Tehsil Indore, Indore) is ₹29,700 per square meter (approx. ₹2,759 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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