HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
4 flats
Quarterly reports
7 on file · latest Jul 2024 - Sep 2024quarterly progress certificates filed with RERA

Timeline

Project startedJun 2024
RERA registeredNov 2024
Proposed completionJun 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SANDESH TEXTILES PVT. LTD

CompanyPromoter type
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
Block No. 03, Scheme No. 155 having total Plot area 2758.38 Sq. Mtr. (2756.77 Sq Mtr Net Plot Area) at Chota Bangarda, Tehsil Malharganj and District Indore (M.P)
What’s nearby
Schools2 schools within 500m · 5 educational institutions within 1km
HealthcareHospital 575m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 1.9km away
ShoppingSupermarket 1.8km away · Mall 2.0km away · ATM within 500m
Getting around
Expressway 4.5 km · Ahmedabad - Indore RoadPrimary road 1.4 kmRailway line 1.6 kmRailway station 2.0km away (Lakshmibai Nagar)Limited bus connectivity nearby
Water & environment
Water body 2.3 kmRiver 2.4 km · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹16.82 Cr declared to build 4 flats. What that works out to:

₹4.21 Crdeclared cost per flatall-in — land + construction
41%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permitapproved 27 Nov 2024 · 1 yr ago
The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.