HORIZONMarkets

Timeline

Project startedJul 2016
RERA registeredJun 2018
Proposed completionJun 2019
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SAI KRAPA REAL ESTATE

Partnership Firm / LLPPromoter type
1Projects
1City
2018–2019Active
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
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
22/1, Pagnispaga, Indore-452001
What’s nearby
Schools8 schools within 500m · 21 educational institutions within 1km · College or university 1.9km away
HealthcareHospital 319m away · 33 clinics within 1km · Pharmacy within 500m
LifestylePark 1.8km away · Gym or sports centre 362m away · 10+ restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Bank 719m away · ATM within 500m
Getting around
Expressway 3.0 km · Rajeev Gandhi SquarePrimary road 1.8 kmRailway line 729 m · INDB - RAU Rail SectionRailway station 1.2km away (Saifee Nagar)Bus stop within 500m
Water & environment
River 193 m · SaraswathiWater body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.77 Cr declared. What that works out to:

45%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

Indore

Town & Country Planning (DTCP)
Building Permitapproved 4 Jun 2018 · 8 yrs ago

The promised possession date (30 Jun 2019) 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

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

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.