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AYUSH NAGAR PHASE 3

P-NDP-26-6486 · RERA Madhya Pradesh · https://gethorizon.in/projects/ayush-nagar-phase-3-narmadapuram-7qfz6hzb

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
AYUSH NAGAR PHASE 3
Plots
16 plots

Timeline

Project startedMar 2026
RERA registeredMay 2026
Proposed completionJan 2031
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHRI BALAJI VENTURES

Partnership Firm / LLPPromoter type
1Projects
1City
2026–presentActive
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
Narmadapuram
Tehsil
Narmadapuram
Planning area
Narmadapuram
Address
Khasra No 574/2, Village Malakhedi, Narmadapuram
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.2 kmPrimary road 280 mRailway line 2.6 kmRailway station 3.7km away (Hoshangabad)Limited bus connectivity nearby
Water & environment
River 2.2 km · Narmada RiverCanal 2.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.40 Cr declared to build 16 plots. What that works out to:

₹15.03 Lakhdeclared cost per plotall-in — land + construction
54%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.

₹13,378per sq yd
₹16,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 65 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

BABAI ROAD PAR PURANA NAKA KE AAGE₹29,000 / sq m₹24,248 / sq yd340 m
PINK AVENUE₹15,800 / sq m₹13,211 / sq yd350 m
BAD CHOURAHE SE NAYA NAKA CHAKKAR ROAD PAR₹25,000 / sq m₹20,903 / sq yd410 m
Mangal tulsi vihar₹25,000 / sq m₹20,903 / sq yd440 m
SHESH SAMPOORN WARD₹15,700 / sq m₹13,127 / sq yd440 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

Narmadapuram

Town & Country Planning (DTCP)
Layout Permitapproved 13 May 2026 · 4 mo 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.

The approving body, at scale

Narmadapuram

Town & Country Planning area · Narmadapuram district

Has approved 107 RERA projects2% of Madhya Pradesh.

a plotted-layout market11% apartments · 89% plotted layouts. Your plotted layout is this body's core business.

Builders
84
On record
788 flats · 10,849 plots
Reach
7 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 89% 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

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

8 projects within 1 km — showing the nearest 6.

NarmadapuramPlotted Development

BANJARA ECO CITY

PRIYESH MUKESH SHRIVASTAV

Feb 2024registered
Apr 2028target completion
Declared cost₹2.12 CrScale62 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

SHREE JEE HOMES

SHALIGRAM BORIYA

May 2024registered
Jan 2027target completion
Declared cost₹1.09 CrScale23 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

SHREE JEE RESIDENCY

SHREE JEE INFRA PROJECTS

May 2024registered
Jan 2027target completion
Declared cost₹2.56 CrScale60 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

SANWARIYA RESIDANCY

SHREE GANESHAM ASSOCIATES

Sep 2024registered
Mar 2029target completion
Declared cost₹7.38 CrScale65 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

KANHA SIGNATURE

GROWHIGH INFOTECH PRIVATE LIMITED

Jun 2025registered
Jan 2028target completion
Declared cost₹201530.00 CrScale45 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

DIVINE CITY PH IV

DIVINE BUILDERS

Jan 2025registered
Sep 2027target completion
Declared cost₹453383.13 CrScale54 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.