HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
28 plots
Quarterly reports
5 on file · latest Jul 2024 - Sep 2024quarterly progress certificates filed with RERA

Timeline

Project startedSep 2024
RERA registeredDec 2024
Proposed completionJun 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

LOKENDRA BHAMBHANI

IndividualPromoter type
1Projects
1City
2024–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
Bicholi Hapsi
Planning area
Indore
Address
KHASRA NO.90/1, 116/1, BICHOLI HAPSI , VILLAGE MIRZAPUR, INDORE
What’s nearby
Schools2 schools within 1km · 3 educational institutions within 1km · College or university 1.1km away
HealthcareHospital 114m away · 34 clinics within 1km · Pharmacy within 500m
Lifestyle2 parks within 500m · Gym or sports centre 1.4km away · 23+ restaurants and cafes within 1km
ShoppingSupermarket 569m away · Bank 241m away · ATM within 500m
Getting around
Expressway 1.0 km · Left ExitPrimary road 1.1 km · Shaheed Tantiya Bhil RoadRailway line 1.4 km · DADN - INDB Rail SectionRailway station 1.4km away (Saifee Nagar)6 bus stops within 500m
Water & environment
Canal 952 m · Nahar BhandaraWater body 1.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.91 Cr declared to build 28 plots. What that works out to:

₹13.96 Lakhdeclared cost per plotall-in — land + construction
64%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)
Layout Permitapproved 5 Dec 2024 · 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. Your plotted layout is this body's core business.

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.