The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
Khasra no.-200/4/1, Situated at village Bhawrasla Tehsil Malharganj,District Indore.
What’s nearby
Schools1 school within 500m · College or university 456m away
HealthcareHospital 429m away · 2 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 60m away
ShoppingNo supermarket within 2km · Bank 295m away · ATM within 500m
Getting around
Primary road 336 mRailway line 2.1 kmMetro station 3.7km away (Veerangana Jhalkari Bai)Limited bus connectivity nearby
Water & environment
Water body 191 mRiver 3.2 km · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹73.65 Cr declared to build 12 flats. What that works out to:
₹6.14 Crdeclared cost per flatall-in — land + construction
2%of the cost is land
This is what the builder 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.
Location & price analysis — done
04
Government Guidance Rate
MP Department of Registration & Stamps
In Madhya Pradesh it’s called the collector guideline rate.
₹19,231per sq yd
₹23,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 109 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026
Colonies around this project
TIRUMALA SOLITAYER (BHANVRASLA)
₹25,000 / sq m
₹20,903 / sq yd
300 m
KANAK CORRIDOR (BHANVRASALA)
₹30,000 / sq m
₹25,084 / sq yd
410 m
R.R. INDUSTRIAL PARK (BARDARI)
₹13,600 / sq m
₹11,371 / sq yd
480 m
THE GRAND RIYASAT/THE GRAND RIYASAT-1
₹23,000 / sq m
₹19,231 / sq yd
520 m
HIGHLINE FORTUNE (BHANVRASLA)
₹32,300 / sq m
₹27,007 / sq yd
520 m
The same schedule, published for the places around this one — so the figure above reads in its neighbourhood, not alone.
What this number is — and isn’t
The minimum value Madhya Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RERA Madhya Pradesh · Approved building plan
Indore
Town & Country Planning (DTCP)
Building Permitapproved 11 Dec 2025 · 9 mo ago
The occupancy certificate — the proof that isn’t here
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
Indore
Town & Country Planning area · Indore district
Has approved 1,123 RERA projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.
a plotted-layout market — 34% 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.
Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Madhya Pradesh
Litigation
None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
116 residential projects still under way within 25 km. Step out ring by ring: