HORIZONMarkets

Timeline

Project startedMar 2013
RERA registeredOct 2017
Proposed completionJun 2018
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

AISHWARYA

CompanyPromoter type
1Projects
1City
2017–2018Active
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
Gwalior
Tehsil
Gwalior (Gird)
Planning area
Gwalior
Address
Mama ka bazar, Lashkar, Gwalior
What’s nearby
Schools1 school within 500m · Library 1.1km away
HealthcareHospital 216m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 844m away
ShoppingNo supermarket within 2km · Mall 1.3km away · Bank 844m away
Getting around
Expressway 1.4 kmPrimary road 1.3 kmRailway line 3.1 kmRailway station 2.6km away (Ghosipura)Limited bus connectivity nearby
Water & environment
Water body 2.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.85 Cr declared. What that works out to:

49%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

Gwalior

Town & Country Planning (DTCP)
Building Permitapproved 30 Oct 2017 · 8 yrs ago

The promised possession date (30 Jun 2018) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

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

Gwalior

Town & Country Planning area · Gwalior district

Has approved 96 RERA projects1.8% of Madhya Pradesh.

a mixed market65% apartments · 35% plotted layouts.

Builders
64
On record
11,667 flats · 7,490 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 65% apartments here vs 28% statewide.

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.