HORIZONMarkets
01

Complete project overview

RAJ-RERA · Registration filing
Land area
9,065 sq m
Description
As per applicant request application to update nil encumbrances and further to the apporval of Hon'ble Chairman, encumbrances details of the said project is updated as "NIL"(the loan of Rs. 20 crore that was disbursed by Religare SME loans on 2/9/2015 was later taken over by IndiaBulls Home Loans by sanctioning a loan of Rs. 9,05,31,000/- on 28/10/2017. Thereafter, loan of Religare stood fully repaid on 3/11/2017 and loan of Indiabulls stood fully repaid on 19/7/2019, and NOC w.r.t encumbrances repayment has been uploaded under that TAB of Encumbrances.The remark w.r.t Encumbrances updated on 20/12/2019.

Timeline

Construction startDec 2013
RERA registeredNov 2017
Proposed completionAug 2018
TodayJul 2026
02

Builder’s track record

RAJ-RERA · Promoter registration

Grandiose Buildteck Pvt. Ltd.

OrganisationPromoter type
Jaipur, RajasthanBased in
2Projects
1City
2017–2018Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
41,287 sq mbuilt-up filed
10,270 sq mland declared
₹100.01 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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

RAJ-RERA · Registration filing
Address
248,250,674/252, Iscon Road, Kesar nagar Circle, Sanganer, Sanganer, Jaipur, 302029
Village
Sanganer
Taluka
Sanganer
District
Jaipur
Pincode
302029
What’s nearby
SchoolsNearest school 1.9km away · Library 1.4km away
HealthcareHospital 250m away · 3 clinics within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.4km away · Swimming pool within 2km
ShoppingSupermarket 1.4km away
Getting around
Expressway 2.8 km · NH11Primary road 2.7 km · Diggi Malpura RdRailway line 2.3 kmRailway station 2.3km away (Sanganer)Limited bus connectivity nearby
Water & environment
Canal 1.6 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹95.73 Cr declared. What that works out to:

6%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

RAJ-RERA · Approved building plan

Jaipur Development Authority

Development Authority
Building Permitapproved 6 Nov 2017 · 8 yrs ago

The promised possession date (31 Aug 2018) 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

Jaipur Development Authority

Development authority

Has approved 644 RERA projectsabout 1 in 3 in Rajasthan, more than any other body in the state.

a mixed market52% apartments · 48% plotted layouts.

Builders
528
On record
15,937 flats · 30,970 plots
Reach
2 districts
Since
2017

More apartment-heavy than Rajasthan overall — 52% apartments here vs 34% 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.
  • Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.