HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
119 plots

Timeline

Project startedJun 2025
RERA registeredDec 2025
Proposed completionMay 2028
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHIV ALASKA DEVELOPERS

Partnership Firm / LLPPromoter type
3Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
231 plotson the public record across 3 projects
₹32.45 Crdeclared build cost

Build cost is what the promoter 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 promoter, 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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Sawer
Planning area
Sanwer
Address
Land Khasra no. 329/1/1, 329/1/2, 329/2/1/1, 329/2/1/2 and 300/1/1 admeasuring 2.766 Hectares total Land Area out of Which 2.665 Hectares Net Scheme Area, Village Solsinda, Tehsil Sanwer and District Indore (MP)
Price analysisdeclared build cost — not a sale price

₹12.82 Cr declared to build 119 plots. What that works out to:

₹10.78 Lakhdeclared cost per plotall-in — land + construction
65%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

Sanwer

Town & Country Planning (DTCP)
Layout Permitapproved 22 Dec 2025 · 7 mo ago
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

Sanwer

Town & Country Planning area · Indore district

Has approved 164 RERA projects3.1% of Madhya Pradesh.

a plotted-layout market18% apartments · 82% plotted layouts. Your plotted layout is this body's core business.

Builders
118
On record
1,450 flats · 21,438 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 82% plots here vs 72% 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.