The Indore district administration and the registration department, in the process of finalizing the Collector’s guideline rates for the financial year 2026-27, are concentrating on location rationalization. This process entails the merging of 533 existing locations to enhance the efficiency of property registration. At present, document registration within the Indore district is distributed across 4,840 designated locations.
The new proposal aims to consolidate 533 neighboring locations. By clustering 3 to 4 colonies into a single unit, the total number of locations in the district is projected to decrease by approximately 350, with a long-term objective of reducing the total to 3,000.
Senior Registrar Amaresh Naidu indicated that during the registration process on the Sampada 2.0 software, the presence of varying rates within the same area leads to technical challenges and revenue loss. By merging locations and establishing a uniform average rate for clusters, the department seeks to eliminate the practice of registering documents in adjacent, less expensive locations to minimize stamp duty costs.
As per the preliminary proposal for 2026-27, guideline rates are anticipated to rise across approximately 3,000 locations, with increases ranging from 10% to 200%. The most significant increases are suggested for the outskirts of the city, particularly in areas such as Bypass, Dewas Naka, Ujjain Road, and major connecting corridors. Both residential and agricultural land rates in these regions are expected to increase.
The central core of the city remains largely unaffected, consistent with the guidelines from the previous year. Rates in 20 villages impacted by new ‘Greenfield’ road projects are projected to rise by 20% to 70%. While villages along the Eastern/Western Ring Roads and Economic Corridor experienced substantial increases last year, this year the emphasis will shift to neighboring villages where current rates are still disproportionately low.
Data from the registration department indicates that increasing property prices and inflation are beginning to impact the market. In the current financial year (April to February), there has been a decline of roughly 10% in the number of registered sale deeds.
A total of 68,700 sale deeds were recorded during this timeframe, in contrast to 78,500 in the same period of the previous financial year—resulting in a reduction of 9,800 documents. Officials are of the opinion that although the new guidelines will enhance revenue per transaction, the overall market volume is under strain as property ownership becomes increasingly unattainable for the general public.
