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ADITYA NEXUS TECH PARK

P-IND-25-6093 · RERA Madhya Pradesh · https://gethorizon.in/projects/aditya-nexus-tech-park-indore-malharganj-0jr4ckhk

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
12 flats
Quarterly reports
3 on file · latest Jul 2025 - Sep 2025quarterly progress certificates filed with RERA

Timeline

Project startedApr 2025
RERA registeredDec 2025
Proposed completionMar 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

BHUPESH VYAS IT INFRA LLP

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion

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.

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.

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 yd300 m
KANAK CORRIDOR (BHANVRASALA)₹30,000 / sq m₹25,084 / sq yd410 m
R.R. INDUSTRIAL PARK (BARDARI)₹13,600 / sq m₹11,371 / sq yd480 m
THE GRAND RIYASAT/THE GRAND RIYASAT-1₹23,000 / sq m₹19,231 / sq yd520 m
HIGHLINE FORTUNE (BHANVRASLA)₹32,300 / sq m₹27,007 / sq yd520 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.
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 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

116 residential projects still under way within 25 km. Step out ring by ring:

4 projects within 1 km — showing the nearest 4.

IndoreApartment

DIVYA AUREON - A

DIVYA NIRMAN

Dec 2025registered
Jun 2028target completion
Declared cost₹8.41 CrScale9 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

DIVYA AUREON - B

DIVYA NIRMAN

May 2026registered
Jun 2028target completion
Declared cost₹39.82 CrScale31 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

HIGHLINE FORTUNE

SHRI BALAJI INFRASTRUCTURES

Aug 2023registered
Jul 2026target completion
possession revisedDeclared cost₹40.09 CrScale227 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SIDDHANTA NIKETAN

MARS DEVELOPERS

Dec 2025registered
Feb 2028target completion
Declared cost₹33.04 CrScale15 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.