HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
6 flats
Quarterly reports
5 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2025
RERA registeredJun 2025
Proposed completionJan 2028
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

NARENDRA GORANI

IndividualPromoter type
1Projects
1City
2025–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
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Khasra No 1487/1 & 1487/2 Tehsil & District Indore
What’s nearby
Schools2 schools within 500m · 6 educational institutions within 1km · College or university 1.1km away
HealthcareHospital 80m away · 38 clinics within 1km · Pharmacy within 500m
LifestylePark 1.5km away · Gym or sports centre 1.2km away
ShoppingSupermarket 1.8km away · Convenience store within 1km · Bank 249m away
Getting around
Expressway 1.7 km · Ring RoadPrimary road 250 m · Ganesh Ganj MargRailway line 2.4 kmRailway station 2.5km away (Saifee Nagar)Bus stop within 500m
Water & environment
River 1.3 km · SaraswathiWater body 1.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹40.80 Cr declared to build 6 flats. What that works out to:

₹6.80 Crdeclared cost per flatall-in — land + construction
0%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 25 Jun 2025 · 1 yr 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 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.

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.