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BALAJI RESIDENCY PHASE -2

P-KHD-22-3406 · RERA Madhya Pradesh · https://gethorizon.in/projects/balaji-residency-phase-2-khandwa-92u62lf2

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
BALAJI RESIDENCY PHASE -2
Plots
61 plots
Unit mix
61 × Residential Plot
Quarterly reports
5 on file · latest Jan 2022 - Mar 2022quarterly progress certificates filed with RERA

Timeline

Project startedJan 2021
RERA registeredMay 2022
Proposed completionMar 2023
TodaySep 2026

Find your plot

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

61 plots across 1 batch
TypeArea sq mCount
Residential Plot61

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 size 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

SHEIKH TASLEEM QURESHI

IndividualPromoter type
1Projects
1City
2022–2023Active
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
Khandwa
Tehsil
Khandwa
Planning area
Khandwa
Address
KHASRA NO. 41/2, VILLAGE GRAM MALIPURA TEH & DIST KHANDWA M.P
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.8 kmPrimary road 678 mRailway line 586 mRailway station 4.8km away (Mathela)Limited bus connectivity nearby
Water & environment
Water body 2.8 kmRiver 2.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹35.64 Lakh declared to build 61 plots. What that works out to:

₹58,426declared cost per plotall-in — land + construction

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.

₹6,856per sq yd
₹8,200per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 459 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

MALI MOHLLA₹2,700 / sq m₹2,258 / sq yd230 m
RAILWAY COLONY,(MUKH ROAD SE ANDAR)₹8,800 / sq m₹7,358 / sq yd340 m
HOUSING BOARD MIG / LIG₹19,500 / sq m₹16,304 / sq yd370 m
Karmveer Avenu₹7,500 / sq m₹6,271 / sq yd390 m
HOUSING BOARD EWS₹16,500 / sq m₹13,796 / 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 locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Khandwa

Town & Country Planning (DTCP)
Layout Permitapproved 27 May 2022 · 4 yrs ago

The promised possession date (1 Mar 2023) 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

Khandwa

Town & Country Planning area · Khandwa district

Has approved 97 RERA projects1.8% of Madhya Pradesh.

a plotted-layout market7% apartments · 93% plotted layouts. Your plotted layout is this body's core business.

Builders
83
On record
784 flats · 10,970 plots
Reach
5 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 93% 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

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

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

KhandwaPlotted Development

KESAR CITY EXTENTION

LEELASHILP DEVCON LLP

Jul 2024registered
Dec 2026target completion
Declared cost₹2.93 CrScale68 plotsAuthorityRERA Madhya Pradesh
KhandwaPlotted Development

KESAR SPRING

KESAR LEELA DEVCON LLP

Dec 2024registered
Jul 2027target completion
Declared cost₹2.37 CrScale40 plotsAuthorityRERA Madhya Pradesh
KhandwaPlotted Development

SHRI SHYAM CITY

S.R DEVELOPERS

May 2025registered
Jul 2027target completion
Declared cost₹2.03 CrScale48 plotsAuthorityRERA Madhya Pradesh
KhandwaPlotted Development

SUMAN KUNJ

VEDA DEVELOPERS

Sep 2025registered
Oct 2026target completion
Declared cost₹2.30 CrScale34 plotsAuthorityRERA Madhya Pradesh
KhandwaPlotted Development

KARMAVEER AVENUE

KARAMVEER ESTATES

Nov 2025registered
Sep 2027target completion
Declared cost₹3.16 CrScale33 plotsAuthorityRERA Madhya Pradesh
KhandwaPlotted Development

YASHWANT RESIDENCY

S.R DEVELOPERS

Jun 2026registered
Aug 2027target completion
Declared cost₹2.58 CrScale57 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.