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AKASHNEEM PALMS PHASE - II

P-OTH-24-5315 · RERA Madhya Pradesh · https://gethorizon.in/projects/akashneem-palms-phase-ii-rau-z206yfb9

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
97 plots
Quarterly reports
7 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedSep 2024
RERA registeredDec 2024
Proposed completionSep 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

STYLISH LIVING DEVELOPERS LLP

Partnership Firm / LLPPromoter type
2Projects
2Cities
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
338 plotson the public record across 2 projects
₹22.93 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from STYLISH LIVING DEVELOPERS LLP— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Rau
Planning area
Other
Address
Khasra number 27/1, 27/2, 27/3, 27/4/1, 28/3, 28/4, 28/5/1, 29/2/1, 29/2/2, Village Nawda Panth, Tehsil Rau, District Indore, M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · ATM within 500m
Getting around
Expressway 97 m · Ahmedabad - Indore RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 3.9 km · Sirpur Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹11.69 Cr declared to build 97 plots. What that works out to:

₹12.05 Lakhdeclared cost per plotall-in — land + construction
36%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.

₹12,542per sq yd
₹15,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 33 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

AKASHNEEM PALMS PHASE-2₹12,000 / sq m₹10,034 / sq yd310 m
VIMAL SHREE ANAND VIHAR (NAWDA PANTH)₹15,000 / sq m₹12,542 / sq yd330 m
SHARDA PARADISE (NAVDAPANTH)₹15,000 / sq m₹12,542 / sq yd340 m
SHREE SHARAD MADHAV VIHAR – 3 (NAVDAPANTH)₹15,000 / sq m₹12,542 / sq yd480 m
THE RESIDENCE PARK (NAWADA PANTH)₹15,000 / sq m₹12,542 / sq yd620 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
Layout Permitapproved 24 Dec 2024 · 1 yr 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.

07

Other projects nearby

The register · within 25 km

613 plotted projects still under way within 25 km. Step out ring by ring:

3 projects within 1 km — showing the nearest 3.

IndorePlotted Development

SHARDA PARADISE

SHARDA DEVELOPERS

Mar 2026registered
Sep 2028target completion
Declared cost₹7.43 CrScale76 plotsAuthorityRERA Madhya Pradesh
RauPlotted Development

THE RESIDENCE PARK

ECLIPSE HOMES LLP

Nov 2024registered
Mar 2027target completion
Declared cost₹18.05 CrScale94 plotsAuthorityRERA Madhya Pradesh
RauPlotted Development

THE RESIDENCE PARK PHASE - 2

ECLIPSE HOMES LLP

Nov 2024registered
Mar 2027target completion
Declared cost₹10.28 CrScale78 plotsAuthorityRERA 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.