HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
57 plots
Quarterly reports
4 on file · latest Jan 2024 - Mar 2024quarterly progress certificates filed with RERA

Timeline

Project startedMar 2024
RERA registeredJul 2024
Proposed completionMar 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHRI DEVNARAYAN DEVELOPERS

Partnership Firm / LLPPromoter type
1Projects
1City
2024–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
Dewas
Tehsil
Khategaon
Planning area
Dewas
Address
132/2/1/2 at village khategoun Teh. Khategoun Dist. Dewas
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 721 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 606 mRiver 1.5 km · Bagdi
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.38 Cr declared to build 57 plots. What that works out to:

₹5.92 Lakhdeclared cost per plotall-in — land + construction
64%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

Dewas

Town & Country Planning (DTCP)
Layout Permitapproved 8 Jul 2024 · 2 yrs 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

Dewas

Town & Country Planning area · Dewas district

Has approved 135 RERA projects2.5% of Madhya Pradesh.

a plotted-layout market5% apartments · 95% plotted layouts. Your plotted layout is this body's core business.

Builders
111
On record
386 flats · 13,483 plots
Reach
8 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 95% 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.

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.