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Detailed Report

ASHA VILLA-2

P-SNI-25-5379 · RERA Madhya Pradesh · https://gethorizon.in/projects/asha-villa-2-seoni-nagar-7n8ce7ul

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
4 flats
Quarterly reports
2 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedApr 2022
Proposed completionJan 2025
RERA registeredJan 2025
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

NEERAJ BHARGAVA SON OF SATENDRANATH BHARGAVA

IndividualPromoter type
4Projects
2Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
46 homes · 43 plotson the public record across 4 projects
₹12.79 Crdeclared build cost

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.

More from NEERAJ BHARGAVA SON OF SATENDRANATH BHARGAVA— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 8 new projects last year
  • 49 nearby projects
exact address · geocoded from the filed address · 22.0869, 79.5435 · © OpenStreetMap contributors
District
Seoni
Tehsil
Seoni Nagar
Planning area
Seoni
Address
BEHIND RELIANCE TOWER ,CV RAMAN WARD 05,SEONI M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 357m away
LifestyleNo parks within 2km · Gym or sports centre 801m away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.6 kmPrimary road 349 mRailway line 1.3 kmRailway station 1.3km away (Seoni)Limited bus connectivity nearby
Water & environment
Water body 521 mCanal 1.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.59 Cr declared to build 4 flats. What that works out to:

₹89.75 Lakhdeclared cost per flatall-in — land + construction
35%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.

₹15,301per sq yd
₹18,300per sq m
Which rate
RCC construction
Matched to
The rate published for “SHESH SAMPURNA WARD NO. 23”, 230 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

BUS STAND KE PICHHE SE DAL SAGAR TALAB HOTE HUYE BHAIROGANJ CHOUK TAK, ROAD SE 20 METER KE ANDAR₹21,900 / sq m₹18,311 / sq yd260 m
HOUSHING BOARD COMPLEX BUS STAND₹68,800 / sq m₹57,526 / sq yd330 m
BUS STAND SE NAGARPALIKA CHOUK TAK, ROAD SE 20 METRE KE ANDAR₹61,400 / sq m₹51,338 / sq yd400 m
POST OFFICE CHAURAHA SE BUS STAND HOTE HUYE DADU DHARAMSHALA TAK ROAD SE 20 METRE ANDER G N ROAD PAR₹62,000 / sq m₹51,840 / sq yd420 m
JAI STAMBH CHAUK SE NEHRU ROAD HOTE HUYE NAGAR PALIKA CHAUK TAK ROAD SE 20 METRE KE BAHAR₹25,000 / sq m₹20,903 / sq yd430 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.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Seoni

Town & Country Planning (DTCP)
Building Permitapproved 20 Jan 2025 · 1 yr ago

The promised possession date (13 Jan 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

Seoni

Town & Country Planning area · Seoni district

Has approved 59 RERA projects1.1% of Madhya Pradesh.

a plotted-layout market12% apartments · 88% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
47
On record
492 flats · 2,899 plots
Reach
5 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 88% 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

No other residential projects still under way are on the record within 25 km.

Of the 49 projects the radar draws within 6 km — every kind, every stage — none is a residential project still under way. This list keeps only those, and looks further out.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Madhya Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Madhya Pradesh filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/asha-villa-2-seoni-nagar-7n8ce7ul.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.