HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
3 flats
Quarterly reports
3 on file · latest Jul 2025 - Sep 2025quarterly progress certificates filed with RERA

Timeline

Project startedAug 2025
RERA registeredDec 2025
Proposed completionAug 2028
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

NEW CONCEPT CONSTRUCTIONS

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
BRIJ RESIDENCY PHASE 3

BRIJ RESIDENCY PHASE 3

this project
Apartment
Aug 2025started
Aug 2028target completion
3 flats₹4.85 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
Plot no. 11, Shiv Vatika, Gram Lasudia Mori, Indore
What’s nearby
Schools3 schools within 1km · 3 educational institutions within 1km
HealthcareHospital 1.4km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.1 km · AH47Primary road 1.1 km · Ring RoadRailway line 2.2 km · DWX - INDB Rail SectionRailway station 3.6km away (Mangliyagaon)Limited bus connectivity nearby
Water & environment
Water body 874 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.85 Cr declared to build 3 flats. What that works out to:

₹1.62 Crdeclared cost per flatall-in — land + construction
13%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 17 Dec 2025 · 7 mo 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

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.