Is now a good time to buy a property in Indore?
Official NHB RESIDEX data puts the average carpet-area price in Indore at ₹5,037/sq ft for the quarter ending Jun 2026, up 5.8% from a year earlier. Over five years prices have compounded at +6.2% a year. Annual growth is running 0.0 points below the city's long-run pace of +5.8%.
Indore price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹4,490/sq ft |
| 646 – 1,184 sq ft | ₹5,449/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹6,362/sq ft |
Frequently asked questions
Is now a good time to buy a property in Indore?
As of Jun 2026, our buy-timing signal for Indore is BUY — prices are projected to rise about +5.8% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Buy-timing score: 62/100.
Will property prices in Indore go down in 2027?
The model projects +5.8% over the next 12 months: about ₹5,328/sq ft by Jun 2027, with an 80% range of ₹5,030/sq ft–₹5,644/sq ft (today ₹5,037/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in Indore?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹5,037/sq ft on average (carpet area): ₹4,490/sq ft for homes up to 646 sq ft, ₹5,449/sq ft for 646–1,184 sq ft and ₹6,362/sq ft above 1,184 sq ft.
Other cities in Madhya Pradesh
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.