Is ALTUS BUSINESS PARK registered under RERA?

Yes. ALTUS BUSINESS PARK by SHREEGYANRUPA CONSTRUCTION PRIVATE LIMITED is on the public record with RERA Madhya Pradesh under RERA registration number P-OTH-25-5346.

When is ALTUS BUSINESS PARK due for possession?

The promised completion date on file with RERA Madhya Pradesh is September 2027. This is the date the promoter filed, not a prediction of delivery.

What is the declared cost of ALTUS BUSINESS PARK?

The declared project cost on record (land plus construction) is ₹37.95 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is ALTUS BUSINESS PARK located?

ALTUS BUSINESS PARK is located in Malharganj, Madhya Pradesh, as filed with RERA Madhya Pradesh.

ALTUS BUSINESS PARK RERA, Malharganj, Madhya Pradesh

Name: ALTUS BUSINESS PARK — public record
Creator: RERA Madhya Pradesh

ALTUS BUSINESS PARK

P-OTH-25-5346 · RERA Madhya Pradesh · https://gethorizon.in/projects/altus-business-park-malharganj-rcr7q8g2

Complete project overview

RERA Madhya Pradesh · Registration filing

Units: 51 flats
Quarterly reports: 6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedSep 2024

RERA registeredJan 2025

Proposed completionSep 2027

TodaySep 2026

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREEGYANRUPA CONSTRUCTION PRIVATE LIMITED

CompanyPromoter type

1Projects

1City

2025–presentActive

Timelineevery project, start → promised completion

ALTUS BUSINESS PARK

this project

Apartment

Sep 2024started

Sep 2027target completion

51 flats₹37.95 Cr

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.

Location & price analysis

RERA Madhya Pradesh · Registration filing

District: Indore
Tehsil: Malharganj
Planning area: Other
Address: Plot No. 03-04, Sector B, IDA Scheme No. 169-B at Village - Bada Bangarda, Tehsil Malharganj, District Indore

What’s nearby

Schools3 schools within 500m · 9 educational institutions within 1km · College or university 1.5km away

HealthcareHospital 386m away · 22 clinics within 1km · Pharmacy within 500m

LifestylePark 747m away

ShoppingSupermarket 1.5km away · Mall 1.3km away · ATM within 500m

Getting around

Expressway 4.0 kmPrimary road 688 mRailway line 2.3 km · DWX - INDB Rail SectionRailway station 4.8km away (Lakshmibai Nagar)Bus stop within 500m

Water & environment

Water body 1.9 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹37.95 Cr declared to build 51 flats. What that works out to:

₹74.40 Lakhdeclared cost per flatall-in — land + construction

25%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.

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹62,710per sq yd

₹75,000per sq m

Which rate: multi-storey residential
Matched to: The rate published for “YOJNA 78 PART 1 (A.B. ROAD PAR)”, 120 m from this project.
In force: 2026-2027 schedule · effective Apr 2026

Colonies around this project

YOJANA 114 PART 1 AND 2 ROAD SE ANDAR	₹38,500 / sq m	₹32,191 / sq yd	130 m
YOJANA 78 ARNYA EWS/ CORE HOUSE	₹16,500 / sq m	₹13,796 / sq yd	150 m
YOJANA 78 MEIN AUDHYOGIK PRAYOJAN KE 152 BHUKHAND	₹48,000 / sq m	₹40,134 / sq yd	260 m
DM DREAMS CITY (GRAM NIRANJANPUR)	₹28,800 / sq m	₹24,080 / sq yd	280 m
YOJANA 78 FAZE 1	₹40,000 / sq m	₹33,445 / sq yd	320 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 colony, and says so above. How Horizon decides what to show.

Planning authority

RERA Madhya Pradesh · Approved building plan

Building Permitapproved 7 Jan 2025 · 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.

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.

Other projects nearby

The register · within 25 km

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

Of the 231 projects the radar draws within 6 km — every kind, every stage — 40 are residential projects still under way. This list keeps only those, and looks further out.

5 projects within 1 km — showing the nearest 5.

730 m awayApartment

RBD - 78

RADHIKA DEVCON PRIVATE LIMITED · Juni Indore

Mar 2025registered

May 2027target completion

Declared cost₹27.92 CrScale11 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

760 m awayApartment

TAPTI PARISAR PHASE-I (VARIOUS SITE)

INDORE MUNICIPAL CORPORATION · Indore · Juni Indore

Nov 2021registered

Feb 2027target completion

Declared cost₹58.88 CrScale580 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

840 m awayApartment

TAPTI PARISAR PHASE-II

INDORE MUNICIPAL CORPORATION · Indore · Juni Indore

Nov 2021registered

Feb 2027target completion

Declared cost₹216.32 CrScale3,328 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

980 m awayApartment

SS INFINITUS PHASE-13

SS NIRMAN PRIVATE LIMITED · Indore · Juni Indore

Apr 2024registered

Apr 2027target completion

⚠ possession revisedDeclared cost₹8.22 CrScale292 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

980 m awayApartment

SS INFINITUS - PHASE 11

SS NIRMAN PRIVATE LIMITED · Indore · Juni Indore

Apr 2024registered

Apr 2027target completion

⚠ possession revisedDeclared cost₹1.60 CrScale63 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.