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ARIHANT VIHAR

P-MNS-24-4875 · RERA Madhya Pradesh · https://gethorizon.in/projects/arihant-vihar-mandsaur-sitamau-2lsxzcgt

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
35 plots
Quarterly reports
10 on file · latest Oct 2023 - Dec 2023quarterly progress certificates filed with RERA

Timeline

Project startedMay 2022
RERA registeredJun 2024
Proposed completionApr 2025
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DHARMENDRA KARNAWAT

IndividualPromoter type
1Projects
1City
2024–2025Active
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Mandsaur
Tehsil
Sitamau
Planning area
Mandsaur
Address
Survey no. 666/5/2, 665/1/1/1, 666/1/1/1/1, 666/5/1, Laduna, Sitamau, Mandsaur - 458001
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.2km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.8 km · Mandsaur BypassPrimary road 962 mRailway line 2.4 kmRailway station 2.7km away (Mandsor)Limited bus connectivity nearby
Water & environment
River 3.2 km · Sau RiverWater body 3.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.57 Cr declared to build 35 plots. What that works out to:

₹4.49 Lakhdeclared cost per plotall-in — land + construction
31%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.

₹6,271per sq yd
₹7,500per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 495 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

TELIYATALAB₹8,000 / sq m₹6,689 / sq yd280 m
YASH ESTATE 2 KASBA MANDSAUR₹9,000 / sq m₹7,525 / sq yd370 m
PRAGATI GREENS₹10,000 / sq m₹8,361 / sq yd380 m
YASH ESTATE 1 KASBA MANDSAUR₹9,000 / sq m₹7,525 / sq yd500 m
GIRLS COLLAGE KE PICHE₹5,900 / sq m₹4,933 / sq yd570 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

Mandsaur

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (30 Apr 2025) 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

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.

The approving body, at scale

Mandsaur

Town & Country Planning area · Mandsaur district

Has approved 81 RERA projects1.5% of Madhya Pradesh.

a plotted-layout market15% apartments · 85% plotted layouts. Your plotted layout is this body's core business.

Builders
61
On record
151 flats · 6,263 plots
Reach
7 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 85% 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

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

17 projects between 1 and 3 km — showing the nearest 6.

MandsaurPlotted Development

YASH ESTATE 2

AMRITYA INFRASTRUCTURE PRIVATE LIMITED

Dec 2024registered
Aug 2027target completion
Declared cost₹5.52 CrScale40 plotsAuthorityRERA Madhya Pradesh
MandsaurPlotted Development

GANGA VIHAR

NARENDRA GANDHARV

Jul 2025registered
Jan 2027target completion
Declared cost₹48.93 LakhScale35 plotsAuthorityRERA Madhya Pradesh
Mandsaur NagarPlotted Development

PRAGATI GREENS

GAUTAM GANEDIWAL

Mar 2025registered
May 2027target completion
Declared cost₹5.06 CrScale28 plotsAuthorityRERA Madhya Pradesh
MandsaurPlotted Development

J.M. GOLD

UPENDRA BHOOTA

Mar 2024registered
Sep 2026target completion
Declared cost₹3.62 CrScale112 plotsAuthorityRERA Madhya Pradesh
MandsaurPlotted Development

NEW ANAND VIHAR 5

MOHAN MEGHNANI

Aug 2024registered
Mar 2026target completion
Declared cost₹2.11 CrScale9 plotsAuthorityRERA Madhya Pradesh
MandsaurPlotted Development

YASH ESTATE 1

AMRITYA INFRASTRUCTURE PRIVATE LIMITED

Dec 2024registered
Jul 2027target completion
Declared cost₹4.51 CrScale24 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.