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.
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.
Location & price analysis — done
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 yd
310 m
VIMAL SHREE ANAND VIHAR (NAWDA PANTH)
₹15,000 / sq m
₹12,542 / sq yd
330 m
SHARDA PARADISE (NAVDAPANTH)
₹15,000 / sq m
₹12,542 / sq yd
340 m
SHREE SHARAD MADHAV VIHAR – 3 (NAVDAPANTH)
₹15,000 / sq m
₹12,542 / sq yd
480 m
THE RESIDENCE PARK (NAWADA PANTH)
₹15,000 / sq m
₹12,542 / sq yd
620 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
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.
Planning authority — done
06
Complaints & litigation
RERA Madhya Pradesh · public record
Complaints register
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
613 plotted projects still under way within 25 km. Step out ring by ring: