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Detailed Report

CLASSIC SWASTIK CITY BLOCK A-B-C

P-IND-17-897 · RERA Madhya Pradesh · https://gethorizon.in/projects/classic-swastik-city-block-a-b-c-juni-indore-2lj176ap

Timeline

Project startedApr 2011
RERA registeredOct 2017
Proposed completionJan 2018
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SWASTIK INFRASTRUCTURE

Partnership Firm / LLPPromoter type
10Projects
5Cities
2017–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
391 homes · 10 plotson the public record across 10 projects
6,565 sq mbuilt-up filed
2,873 sq mplotted area
11,421 sq mland declared
₹63.04 Crdeclared build cost

Build cost is what the builder 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.

Planning authoritiesthis builder's portfolio, by approving body
IndoreTown & Country Planning (DTCP)this project5 of 10 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 10 projects
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 10 projects
Bhubaneswar Development AuthorityUrban Development Authority1 of 10 projects
Others1 of 10 projects
Surat Municipal CorporationMunicipal / Corporation1 of 10 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, 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.

More from SWASTIK INFRASTRUCTURE— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
≈ area only · geocoded, verified but not exact · 22.7554, 75.8690 · © OpenStreetMap contributors
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
MANGAL NAGAR SUKHLIYA INDORE
What’s nearby
Schools1 school within 500m
HealthcareHospital 190m away · 3 clinics within 1km · Pharmacy within 1km
LifestylePark 1.7km away · Playground within 500m
ShoppingSupermarket 2.0km away
Getting around
Primary road 803 m · MR10Railway line 1.7 kmRailway station 1.7km away (Lakshmibai Nagar)Bus stop within 1km
Water & environment
Water body 306 mRiver 963 m · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.59 Cr declared. What that works out to:

13%of the cost is land

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.

₹20,903per sq yd
₹25,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 312 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

MANGAL NAGAR/MANGAL NAGAR ANEX-A₹27,500 / sq m₹22,994 / sq yd10 m
VEENA NAGAR EXT.₹20,000 / sq m₹16,723 / sq yd170 m
ABHINANDAN NAGAR₹27,500 / sq m₹22,994 / sq yd210 m
VEENA NAGAR / SUNDAR NAGAR / SUNDAR NAGAR EXTENTION / SHYAM NAGAR / SHYAM NAGAR ANEX / SHYAM NAGAR EXTENTION₹35,000 / sq m₹29,264 / sq yd380 m
RAVIDAS NAGAR₹12,000 / sq m₹10,034 / sq yd390 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

Indore

Town & Country Planning (DTCP)
Building Permitapproved 11 Oct 2017 · 8 yrs ago

The promised possession date (30 Jan 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

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

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

118 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

1 project within 1 km — showing the nearest 1.

IndoreApartment

SHEKHAR METRO

SHEKHAR CONSTRUCTION

Mar 2026registered
Sep 2028target completion
Declared cost₹21.65 CrScale26 flatsAuthorityRERA 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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Madhya Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Madhya Pradesh filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/classic-swastik-city-block-a-b-c-juni-indore-2lj176ap.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.