HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
10 flats

Timeline

Project startedOct 2021
RERA registeredApr 2026
Proposed completionOct 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

PRANAYAN DEVELOPERS LLP

Partnership Firm / LLPPromoter type
1Projects
1City
2026–presentActive
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
Plot no.- NEW MUNICIPAL No.-33/1, Street no.-4 (Old-19) situated at village New Palasia in Tehsil Indore& District Indore
What’s nearby
Schools3 schools within 500m · 12 educational institutions within 1km · College or university 1.5km away
HealthcareHospital 353m away · 65 clinics within 1km · Pharmacy within 500m
LifestylePark 1.7km away · Gym or sports centre 918m away · 5 restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.7km away · Convenience store within 500m
Getting around
Expressway 2.5 km · Ring RoadPrimary road 319 mRailway line 2.4 km · INDB - RAU Rail SectionRailway station 2.4km away (Saifee Nagar)Bus stop within 500m
Water & environment
River 1.2 km · SaraswathiWater body 2.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.79 Cr declared to build 10 flats. What that works out to:

₹1.08 Crdeclared cost per flatall-in — land + construction
74%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 23 Apr 2026 · 3 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

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.