HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
286 units
Unit mix
20 × Type 36 · 15 × Type 8 · 12 × Type 42 · 11 × Type 56 · 11 × Type 80 · 9 × Type 14
Quarterly reports
13 on file · latest Jan 2023 - Mar 2023quarterly progress certificates filed with RERA

Timeline

Project startedJan 2022
RERA registeredSep 2022
Proposed completionJul 2023
TodayJul 2026

Find your unit

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

286 units across 97 batches
TypeArea sq mCount
Type 1—1
Type 2—1
Type 3—1
Type 4—3
Type 5—1
Type 6—1
Type 7—2
Type 8—15
Type 9—1
Type 10—1
Type 11—1
Type 12—1
Type 13—1
Type 14—9
Type 15—1
Type 16—3
Type 17—1
Type 18—1
Type 19—9
Type 20—1
Type 21—1
Type 22—1
Type 23—1
Type 24—1
Type 25—5
Type 26—9
Type 27—1
Type 28—1
Type 29—3
Type 30—4
Type 31—4
Type 32—3
Type 33—2
Type 34—3
Type 35—4
Type 36—20
Type 37—3
Type 38—1
Type 39—1
Type 40—3
Type 41—3
Type 42—12
Type 43—8
Type 44—1
Type 45—5
Type 46—3
Type 47—1
Type 48—3
Type 49—3
Type 50—3
Type 51—2
Type 52—3
Type 53—3
Type 54—3
Type 55—3
Type 56—11
Type 57—2
Type 58—3
Type 59—1
Type 60—2
Type 61—3
Type 62—3
Type 63—1
Type 64—1
Type 65—3
Type 66—3
Type 67—1
Type 68—1
Type 69—3
Type 70—3
Type 71—3
Type 72—3
Type 73—3
Type 74—3
Type 75—3
Type 76—3
Type 77—4
Type 78—1
Type 79—1
Type 80—11
Type 81—2
Type 82—3
Type 83—1
Type 84—2
Type 85—1
Type 86—1
Type 87—2
Type 88—4
Type 89—1
Type 90—1
Type 91—1
Type 92—1
Type 93—1
Type 94—2
Type 95—2
Type 96—1
Type 97—2

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 · Promoter registration

VELOURS NIRMAN PRIVATE LIMITED

CompanyPromoter type
1Projects
1City
2022–2023Active
Timelineevery project, start → promised completion
BCM ZODIAC - BY VELOURS NIRMAN PRIVATE LIMITED

BCM ZODIAC - BY VELOURS NIRMAN PRIVATE LIMITED

this project
Commercial
Jan 2022started
Jul 2023target completion
286 flats₹85.00 Cr

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
47/3/1/1 & 50/2/2, GRAM NIPANIYA, INDORE
What’s nearby
Schools3 schools within 500m · 8 educational institutions within 1km
HealthcareHospital 82m away · 109 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 771m away · 39+ restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.2km away · Convenience store within 1km
Getting around
Expressway 3.9 kmPrimary road 1.5 km · Ring RoadRailway line 2.2 kmRailway station 2.3km away (Indore Junction)7 bus stops within 500m
Water & environment
Water body 1.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹85.00 Cr declared to build 286 flats. What that works out to:

₹29.72 Lakhdeclared cost per flatall-in — land + construction
14%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 1 Sep 2022 · 3 yrs ago

The promised possession date (29 Jul 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

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 projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market — 34% 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.