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DIVINE VISTA

P-SWR-24-4880 · RERA Madhya Pradesh · https://gethorizon.in/projects/divine-vista-sanwer-sawer-fbv6876w

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
1 flats
Quarterly reports
9 on file · latest Jan 2024 - Mar 2024quarterly progress certificates filed with RERA

Timeline

Project startedMar 2024
RERA registeredJun 2024
Proposed completionJan 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DIVYA MURTI BUILDCON

Partnership Firm / LLPPromoter type
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Sawer
Planning area
Sanwer
Address
Plot No. 135, Divya Vihar Colony, Gram Magarkheda, Tehsil Sanwer Ujjain Road, Indore.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 30 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 935 m · Kanh RiverWater body 2.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.94 Cr declared to build 1 flat. What that works out to:

₹1.94 Crdeclared cost per flatall-in — land + construction
38%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.

₹13,378per sq yd
₹16,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 67 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

BALAJI SHOWROOM SE KUDANA CHOURAHA TAK ROAD PAR DONO TARAF₹17,000 / sq m₹14,214 / sq yd150 m
KRISHNA PRIDE (RAVER)₹13,200 / sq m₹11,037 / sq yd240 m
RUDRAKSH SWASTIK (RAVER)₹22,000 / sq m₹18,395 / sq yd280 m
KRISHNA VIHAR (RAVER)₹17,000 / sq m₹14,214 / sq yd300 m
KASBA RAVER₹20,000 / sq m₹16,723 / sq yd340 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

Sanwer

Town & Country Planning (DTCP)
Building Permitapproved 28 Jun 2024 · 2 yrs ago
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

Sanwer

Town & Country Planning area · Indore district

Has approved 164 RERA projects3.1% of Madhya Pradesh.

a plotted-layout market18% apartments · 82% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
118
On record
1,450 flats · 21,438 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 82% plots here vs 72% 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

44 residential projects still under way within 25 km. Step out ring by ring:

Of the 107 projects the radar draws within 6 km — every kind, every stage — 7 are residential projects still under way. This list keeps only those, and looks further out.

7 projects between 1 and 3 km — showing the nearest 6.

SawerApartment

ELITE ENCLAVE

BUILDWELL VENTURES

Jun 2026registered
Mar 2028target completion
Declared cost₹2.81 CrScale3 flatsAuthorityRERA Madhya Pradesh
SanwerApartment

TANISHQ RESIDENCY

SHREE NATHJI REALITIES

Mar 2022registered
Oct 2026target completion
possession revisedDeclared cost₹8.68 CrScale74 flatsAuthorityRERA Madhya Pradesh
SanwerApartment

SKYDECK

NIRVANA REALITY

Dec 2024registered
Jul 2027target completion
Declared cost₹18.38 CrScale36 flatsAuthorityRERA Madhya Pradesh
SanwerApartment

MANGALA BLOSSOM

MANGLA CONSTRUCTION

Dec 2024registered
Nov 2026target completion
Declared cost₹5.24 CrScale4 flatsAuthorityRERA Madhya Pradesh
SanwerApartment

PREMIUM VISTA PHASE - 1

KONARK REALTORS

Jun 2025registered
Jun 2027target completion
Declared cost₹3.22 CrScale9 flatsAuthorityRERA Madhya Pradesh
SanwerApartment

MANGALA CLASSIC

MANGLA CONSTRUCTION

Jul 2025registered
Aug 2027target completion
Declared cost₹4.37 CrScale3 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.