2 extensions on record — latest to 3 Aug 2023declared reason: other than force majeure
Description
Total Land Area is 47500 Sqmt , However the Project area has defined 75% of total land Area ie 34875 Sqmtr. as per BID documents of EWS through provision 4A (i) Cheif Minister Jan Awas Yojna-2015 and Public Private Partnership Model in Rajasthan. More over the project has already started in Sep17 but same has not been registered due to intimation not come from respective government authority or department and also not clarified to registered the projects by local authority also.
As per remark the correct phase area has been rectified in Land Details of Registering Project.
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RAJ-RERA · Registration filing
Address
14 & 15, NH-79, In front of Vasundhara Vihar, Revenue Village, Ishakpura, Nimbahera, Chittorgarh, 312601
Village
Revenue Village, Ishakpura
Taluka
Nimbahera
District
Chittorgarh
Pincode
312601
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 278 mRailway line 2.2 kmRailway station 3.9km away (Nimbahera)Limited bus connectivity nearby
Price analysisdeclared build cost — not a sale price
₹53.67 Cr declared. What that works out to:
19%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.
Location & price analysis — done
04
Government Guidance Rate
Rajasthan IGRS — DLC rates (rural branch)
In Rajasthan it’s called the DLC rate.
₹2,575per sq yd
₹3,080per sq m
Which rate
residential, interior plot
Matched to
The rate published for the village of “ISHAQPURA”.
What this number is — and isn’t
The minimum value Rajasthan’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 village, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RAJ-RERA · Approved building plan
Building Permitapproved 26 Dec 2018 · 7 yrs ago
The promised possession date (15 Aug 2021) 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.
Planning authority — done
06
Complaints & litigation
RAJ-RERA · public record
Complaints register
Not published. RAJ-RERA doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RAJ-RERA
Litigation
None declared in this filing
Only what the builder declared, or what RAJ-RERA records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RAJ-RERA, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
One residential project still under way within 25 km. The nearest 1:
Of the 1 projects the radar draws within 6 km — every kind, every stage — 1 is a residential project still under way. This list keeps only those, and looks further out.