Indore Project Report
Emerald Kingsvilla in Pipliyahana, Indore: New Apartment and Showroom Project Under Construction
Emerald Kingsvilla is a single-tower residential and commercial project in Pipliyahana, south-eastern Indore, developed under the Emerald Developers brand. Listing sites show it as a new launch with possession listed for April 2027, and the developer has published construction updates. This report sets out what is documented as of 20 October 2026.
| Developer | Emerald Developers (brand); legal entity Agarwal Realinfra LLP, Indore |
|---|---|
| Location | Plot No. 06, Scheme No. 140, Sector-F, Pipliyahana, Indore, Madhya Pradesh 452016 |
| RERA registration | P-IND-24-4973, Madhya Pradesh RERA (single phase) |
| Product and scale | One 12-floor building with 48 apartments and 12 showrooms; one lift |
| Configurations | 3 BHK and 4 BHK apartments; showrooms of 390 to 1,650 sq ft |
| Listed prices | 3 BHK base price ₹2.81 to ₹3.13 Cr (listing posted May 2025); 4 BHK ₹4.26 to ₹4.47 Cr (listing posted Nov 2025); showrooms ₹2.1 to ₹9.1 Cr |
| Possession | April 2027 per listing sites; developer has published construction updates |
| Launch | May 2024, per listing sites |
Status: new launch, under construction
Property listing sites describe Emerald Kingsvilla as a New Launch with completion listed for April 2027, and as under construction. No occupation or completion certificate has been reported.
Listing copy uses the name "Emerald Kingsvilla" alongside "Agarwal Emerald Kingsvilla". The developer's own site presents the project as developed by Emerald Developers.
The developer
The project is built by Agarwal Realinfra LLP, a limited liability partnership based in Indore and established in 2013. Its designated partners are Vinod Kumar Agarwal and Tapan Agarwal. Tapan Agarwal is listed as CEO of Emerald Developers.
The developer's website lists 10 projects in total, of which 6 are completed. Indore projects it names as delivered include Emerald Nirvana, Emerald Pratham, Emerald Anutham, Emerald Anant, Emerald Court and Sanjana Park. Current Indore projects listed include Emerald Worldpark, Emerald Forum, Emerald Aashray, Emerald Crescent and Horizon Tower by Emerald Select, which is a separate project.
Location and connectivity
Pipliyahana lies in Scheme 140 in south-eastern Indore. The Eastern Ring Road passes through the locality and gives access to Rau Industrial Area and the Vijay Nagar retail area. The address road is the Godhra Highway, and NH 47 is the nearest national highway.
- Indore Junction railway station: about 4 km by road.
- Pipliya Road railway station: about 2.4 km.
- Devi Ahilyabai Holkar International Airport: about 11 km by road via the Indore-Dhar Road.
- Shopping: The Zodiac Mall and Treasure Island Mall are 2 to 4 km away.
The Indore Metro Yellow Line is the nearest operational metro line.
Configurations, sizes and prices
The developer's official range for the 3 BHK and 4 BHK apartments is 2,847 to 3,852 sq ft. Listing sites give different figures: 3 BHK super built-up of 2,555 to 2,847 sq ft, and 4 BHK super built-up of 3,544 to 3,722 sq ft. Listings also show salable areas of 1,402 sq ft (3 BHK) and 1,801 sq ft (4 BHK), which are lower and differ from the super built-up figures.
| Unit type | Listed base price | Source date |
|---|---|---|
| 3 BHK apartment | ₹2.81 Cr to ₹3.13 Cr | Listing posted May 2025 |
| 4 BHK apartment | ₹4.26 Cr to ₹4.47 Cr | Listing posted Nov 2025 |
| Showrooms | ₹2.1 Cr to ₹9.1 Cr | Listing sites |
The most recent dated per-square-foot figure is a base price of ₹12,010 per sq ft, from a listing posted on 6 November 2025. The developer's own site shows prices on request.
Specifications and amenities
The developer lists the following amenities: water bodies, an infinity pool, podium parking, a garden, an amphitheatre, a children's play area, a gym, a banquet hall, a badminton court, a recreational deck with a quiet zone for meditation and yoga, and a society office. Boom barriers are listed as a security feature.
Listed specifications include imported marble flooring in the main living areas and bedrooms, vitrified tiles in staff quarters and dry balconies, moisture-resistant grid ceilings with gypsum tiles in bathrooms and utility areas, and a dedicated servant quarter in each apartment. The 3 BHK units have 3 bathrooms and the 4 BHK units have 4.
The developer says it has applied for IGBC green certification. Certification has not been reported as granted. Some developer material describes the homes as villas; the project is listed as apartments and showrooms in one building.
Locality demand and market
SquareYards reported an average rate of ₹8,384 per sq ft for Pipliyahana as of March 2026. An older, undated listing put apartment prices in the locality at around ₹6,500 per sq ft. Other portals report conflicting trend figures, so this report does not state a direction of price movement.
Comparable projects by the same developer include Agarwal Emerald Gateway at Sula Khedi, with plots priced up to ₹5,250 per sq ft and possession listed for 1 September 2026, and Emerald Nirvana at Jhalariya, with plots of 1,200 to 1,800 sq ft priced at ₹1 Cr to ₹1.6 Cr.
Infrastructure in progress
The Indore Metro Yellow Line second extension was inaugurated on 5 September 2026. The 11 km extension has 11 stations and began commercial services on 6 September 2026 between Super Corridor-3 and Malviya Nagar Chauraha.
The RE-2 road, which would link Bhuri Tekri, Pipliyahana, Bengali Square and the Nayta Mundla RTO area, is partly built. About 3.2 km has been constructed and about 1 km remains unfinished, according to a report in early October 2026.
Plans for a Pipliyahana link road to Tilak Nagar and the Ring Road, a flyover at Khajrana Square and a 55 km Outer Ring Road have been announced. The material reviewed does not give a current status or completion date for these.
Approvals
The project is registered with Madhya Pradesh RERA under P-IND-24-4973, as shown on the developer's project page and by several listing sites. The developer's site states that town planning approval has been obtained. Ownership is listed as freehold.
Frequently asked questions
What is the current status of Emerald Kingsvilla?
Listing sites describe the project as a new launch that is under construction, with completion listed for April 2027. The developer has published construction updates.
Who is developing Emerald Kingsvilla?
The project is marketed under the Emerald Developers brand. The legal entity named for the project is Agarwal Realinfra LLP, based in Indore.
What is the RERA number for the project?
The project is registered with Madhya Pradesh RERA under registration number P-IND-24-4973, as shown on the developer's project page and by several listing sites.
What configurations and prices are listed?
The project lists 3 BHK and 4 BHK apartments and showrooms. Listed base prices are ₹2.81 Cr to ₹3.13 Cr for 3 BHK and ₹4.26 Cr to ₹4.47 Cr for 4 BHK. Showroom prices are listed at ₹2.1 Cr to ₹9.1 Cr. These figures come from listings dated May and November 2025 and may have changed.
How far is the project from the airport and railway stations?
The airport is about 11 km away by road. Indore Junction railway station is about 4 km away, and Pipliya Road station is about 2.4 km away.
Which metro line serves the area?
The Indore Metro Yellow Line serves the wider city. Its second extension began commercial services on 6 September 2026.