“Plot toh apna hai.”
“The plot is ours.” — Kamal Kishore Khosla, Khosla Ka Ghosla (2006)

Khosla Plot Index

The price of the plot the whole film is about.

Estimated Quote unverified

Film: Khosla Ka Ghosla (2006)
Base year: 2006
Indexed unit: One 500-square-yard residential plot, Delhi NCR
Geography: Delhi NCR
Currency: INR

500 square yards on the Delhi periphery, priced per square yard.

Value at 2006

₹60,00,000

Value at last verified date (2025)

₹4,75,00,000

The family wanted a house. The market found an asset class.

Nominal change: +691.7%
Compound annual growth: +11.5% a year
2006 value in 2025 money: ₹2,02,25,303
Real appreciation: +134.9%
Years of income, 2006: 196 years
Years of income, 2025: 232 years
Latest observation: Provisional

Base year — Release year of Khosla Ka Ghosla. The film does not state a plot size; 500 square yards is a standard colony plot and is an assumption, not an observation.

01The series

What it was worth, each year

Nominal local currency by default. Switch modes to strip out inflation, express the figure as earning time, or read it as quantity and percentage change.

Event markers

Value in the currency of the day, unadjusted.

Focus the chart and use ← → to walk the series, Home and End for the ends, Escape to clear.

Residential plot rate, Delhi NCRInterpolatedProvisional

One 500-square-yard residential plot, Delhi NCR — Residential plot rate, Delhi NCR: ₹60,00,000 in 2006, ₹4,75,00,000 in 2025 — an increase of 691.7% across 20 annual observations.

Did it outrun the benchmarks?

India CPI, all groupsOutran
7.9× vs 3.4×
How much of the rise is land and how much is the rupee.
Gold, 24 karatLagged
7.9× vs 12.1×
The other asset an Indian household of that period would have held. It is the fairer comparison than any equity index.
Per-capita net national incomeOutran
7.9× vs 6.7×
Whether a family on an ordinary income could still buy the plot the film is about.

02Calculation

The complete equation

Not a footnote. Every step, every number, the dataset it came from and the rounding rule applied to it.

500 sq yards
equals a standard colony plot
Assumed. The film never states the size.
500 × ₹12,000
equals ₹60,00,000 in 2006
Blended circle and market rate for a peripheral Delhi colony.
Source: Circle rates / NHB
500 × ₹95,000
equals value at the last verified date
2025. Provisional, and the widest uncertainty band of any index here.
Source: Circle rates / NHB

Conversion — 500 square yards × the rate per square yard. The plot size is assumed; the rate is surveyed.

03Affordability

Price is only the first question

How much it cost, how much the underlying thing appreciated, and how hard it was for a person to afford — three different questions with three different answers.

Time on the clock

How long an average income has to run to cover it.

2006196 years

2025232 years

Harder to afford: 1.2× the income burden it carried in 2006.

What the old money buys

What the 2006 outlay of ₹60,00,000 would buy at 2025 prices.

2006 prices500 sq yards

2025 prices63.16 sq yards

The same money buys 12.6% of what it did — the rest is price.

Inflation-adjusted value

What the 2006 price is worth in 2025 money, against what the thing actually costs.

2006 price, restated₹2,02,25,303

2025 price, actual₹4,75,00,000

Real appreciation of +134.9%. This part is not inflation — One 500-square-yard residential plot, Delhi NCR genuinely got dearer.

04Interpretation

What drove the change

The plot is up roughly eight-fold in nominal terms. Prices generally rose about three and a half times. So a little over half the increase is real — land genuinely got dearer, rather than the rupee getting smaller.

Against gold the plot loses. Gold rose about twelve-fold over the same nineteen years; the plot rose about eight. The folklore that Delhi land is the one asset that always wins does not survive the 2014–2019 stretch, when NCR rates went essentially nowhere for five years while gold kept moving.

The affordability figure is the one worth sitting with. On per-capita national income the plot was already out of reach in 2006 and is further out now. This index prices something most households were never going to buy — which is exactly the anxiety the film is about.

Scarcity by regulation

Delhi cannot expand. Supply is fixed by master plans and land-use rules, so demand shows up almost entirely as price.

Land as household savings

For a generation with limited access to equities, land was the savings vehicle. That pushes the price above what rental yields justify.

Infrastructure

Metro extensions and expressways reprice a peripheral colony faster than anything the colony itself does.

Opaque pricing

Circle rates, asking prices and registered values disagree by wide margins. Some of the apparent appreciation is the gap between those three narrowing.

What this index does not claim

Confidence is Estimated, and that is the honest label. There is no continuous published series for what a specific plot sells for.
The plot size is assumed at 500 square yards. Halve it and every rupee figure halves with it.
Circle rates are a stamp-duty floor and asking prices are an aspiration. The truth sits between them and is not published.
The quote is a paraphrase of the film's premise, not a verified line.
Land is not fungible. Two plots a street apart can differ by half, which no single rate can capture.

05Provenance

Source ledger

Every dataset behind this page, with the adjustments applied on the way in and how gaps are treated. Last verified 31 December 2025.

Residential plot rate, Delhi NCR — ₹ per square yardDelhi circle rates, NHB RESIDEX and property-portal asking pricesData confidence: Estimated2006–2025
Publisher
Delhi circle rates, NHB RESIDEX and property-portal asking prices
Date range
2006-01-01 to 2025-12-31
Geography
Delhi NCR (peripheral residential colonies)
Frequency
annual
Original unit
₹ per sq yard, circle rate and listed asking price
Normalised unit
₹ per sq yard, blended circle and market rate
Currency
INR
Adjustments
Circle rates are a floor for stamp duty, not a market price, and asking prices are an aspiration rather than a transaction. The series sits between the two. Registered transaction prices would be better and are not published at this granularity.
Missing data
No single continuous source covers the period. Segments are chained across circle-rate revisions, which is the largest assumption in this index.
Last checked
2025-12-31
Licensing
Public rates and listings, cited with attribution
Source
https://residex.nhbonline.org.in/
India consumer price index, all groups — annual average, rebased 2012 = 100MoSPI (CPI Combined) spliced to Labour Bureau (CPI-IW)Data confidence: Reconstructed1999–2025
Publisher
MoSPI (CPI Combined) spliced to Labour Bureau (CPI-IW)
Date range
1999-01-01 to 2025-12-31
Geography
India (combined rural + urban)
Frequency
annual
Original unit
Index, mixed bases
Normalised unit
Index, 2012 = 100
Currency
INR
Adjustments
CPI Combined begins in 2011. Years before 2011 are back-cast by chaining the CPI-IW growth rate onto the 2012 = 100 base. This splice is the largest single methodological assumption in the Indian indices.
Missing data
No gaps. Pre-2011 values are derived, not observed — flagged as such on the chart.
Last checked
2025-12-31
Licensing
Public statistics, cited with attribution
Source
https://mospi.gov.in/web/mospi/download-tables-data/-/reports/view/templateFour/16702
Standard gold price, Mumbai — annual average, ₹ per 10 grams (24 karat)India Bullion and Jewellers Association / RBI Handbook of StatisticsData confidence: Verified1999–2025
Publisher
India Bullion and Jewellers Association / RBI Handbook of Statistics
Date range
1999-01-01 to 2025-12-31
Geography
India (Mumbai reference market)
Frequency
annual
Original unit
₹ per 10 g, 24 karat, Mumbai standard gold
Normalised unit
₹ per 10 g, 24 karat
Currency
INR
Adjustments
Annual averages of the daily AM/PM rate. Retail making charges, GST and jeweller margins are excluded — this is metal value, not billed price.
Missing data
No gaps in the annual series. The 2025 average is provisional pending the final calendar-year publication.
Last checked
2025-12-31
Licensing
Public statistics, cited with attribution
Source
https://www.rbi.org.in/Scripts/AnnualPublications.aspx?head=Handbook+of+Statistics+on+Indian+Economy
Per-capita net national income at current prices — monthly equivalent, ₹MoSPI, National Accounts StatisticsData confidence: Reconstructed1999–2025
Publisher
MoSPI, National Accounts Statistics
Date range
1999-01-01 to 2025-12-31
Geography
India
Frequency
annual
Original unit
₹ per capita per year, current prices
Normalised unit
₹ per capita per month
Currency
INR
Adjustments
Annual figure divided by 12. Per-capita NNI is a national average across the whole population, not a wage — it understates urban salaried income and overstates rural. Read the affordability rows as a direction of travel, not a payslip.
Missing data
Fiscal years mapped to their starting calendar year. The 2025 value is a provisional advance estimate.
Last checked
2025-12-31
Licensing
Public statistics, cited with attribution
Source
https://mospi.gov.in/web/mospi/national-accounts-statistics

Pop Indices is editorial and educational. Historical returns are described, never projected, and nothing here is investment advice. Film titles, characters and dialogue are referenced for commentary and remain the property of their rights holders.

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A figure that travels without its source is the thing this section exists to avoid, so the export always includes the credit line.

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