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BALAJI REGENCY (MAJESTIC)

P-IND-19-2210 · RERA Madhya Pradesh · https://gethorizon.in/projects/balaji-regency-majestic-juni-indore-gy23lelo

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
BALAJI REGENCY (MAJESTIC)
Units
16 flats
Unit mix
16 × Residential
Revised completion
30 Dec 2022extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
7 on file · latest Apr 2019 - Jun 2019quarterly progress certificates filed with RERA

Timeline

Project startedApr 2019
RERA registeredMay 2019
Proposed completionMar 2022
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

16 units across 1 batch
TypeArea sq mCount
Residential16

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

KULDEEP GUPTA

IndividualPromoter type
1Projects
1City
2019–2022Active
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
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Plot No. Kh. No. 25/1/1/1/1 Ward 78 Zone -13 Colony Bijal Pur Indore (M.P)
What’s nearby
Schools2 schools within 500m · 4 educational institutions within 1km
HealthcareHospital 1.2km away · Clinic within 2km
LifestylePark 1.9km away
ShoppingSupermarket 1.9km away · Mall 2.0km away
Getting around
Expressway 1.8 km · Ring Road FlyoverPrimary road 3.9 km · Shaheed Tantiya Bhil RoadRailway line 1.2 kmRailway station 1.3km away (Rajendra Nagar)Limited bus connectivity nearby
Water & environment
Water body 491 mRiver 515 m · Saraswati
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.53 Cr declared to build 16 flats. What that works out to:

₹9.59 Lakhdeclared cost per flatall-in — land + construction
49%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.

₹26,756per sq yd
₹32,000per sq m
Which rate
multi-storey residential
Matched to
The rate published for “AWASA AVENUE/AWASA GRAND/AWASA PRIME/AWASA ANNEXE-1”, 180 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

ALI TOWNSHIP / HAIDARY TOWN SHIP MASAKIN-A-SOFIA / MOHHAMADI TOWN (HEDARY TOWNSHIP) / SHIVALAY / HAKIMI VIHAR / ANANDA / SAIFI TOWNSHIP / RCM PRIME / NIRVANA JASMINE PARK / NIRVANA PRIME /JASMIN PRIME PARK / JASMIN PRIME EXTENSION / RCM PRIDE / TAHEERI APARTMENT / PLAZA (HEDARY TOWNSHIP) / CRYSTAL 52/53 (SHIVALAY) (BIJALPUR)₹27,000 / sq m₹22,575 / sq yd330 m
AVASA PRANGAN (BIJALPUR)₹32,000 / sq m₹26,756 / sq yd470 m
SINDH CO-OPERATIVE HOUSING SOCIETY BIJALPUR₹25,000 / sq m₹20,903 / sq yd520 m
OPERA GREENS₹25,000 / sq m₹20,903 / sq yd540 m
HAYAT FORTE (BIJALPUR)₹25,000 / sq m₹20,903 / sq yd590 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

Indore

Town & Country Planning (DTCP)
Building Permit

The promised possession date (31 Mar 2022) 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

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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

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

Of the 511 projects the radar draws within 6 km — every kind, every stage — 50 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

390 m awayApartment

THE ADDRESS GRANDE

OSHI CONSTRUCTION PVT. LTD. · Indore · Juni Indore

Mar 2025registered
Nov 2027target completion
Declared cost₹11.30 CrScale5 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.