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GIRIRAJ VALLEY 2

P-MHW-17-026 · RERA Madhya Pradesh · https://gethorizon.in/projects/giriraj-valley-2-dr-ambedkar-nagar-mhow-hn5fnda8

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
GIRIRAJ VALLEY 2
Plots
261 plots
Unit mix
261 × Mix Size Plots
Revised completion
30 Dec 2020extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
34 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedDec 2016
RERA registeredAug 2017
Proposed completionMar 2020
TodaySep 2026

Find your plot

Filed by type and size, in the batches the builder registered — not a per-plot listing. Look yours up.

261 plots across 1 batch
TypeArea sq mCount
Mix Size Plots261

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each size exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DRISHTI DEVCON PRIVATE LIMITED

CompanyPromoter type
5Projects
3Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
960 plotson the public record across 5 projects
₹25.36 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
Dr. Ambedkar Nagar (Mhow)Town & Country Planning (DTCP)this project3 of 4 projects
IndoreTown & Country Planning (DTCP)1 of 4 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 DRISHTI DEVCON PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Dr. Ambedkar Nagar (Mhow)
Planning area
Dr. Ambedkar Nagar (Mhow)
Address
SURVEY NO 1/3/MAIN-1, 1/3/MAIN-2,1/3/MAIN-3
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 262m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 136 mRailway line 996 mRailway station 1.0km away (Dr. Ambedkar Nagar)Bus stop within 1km
Water & environment
Water body 320 mRiver 1.1 km · Gambhir
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.76 Cr declared to build 261 plots. What that works out to:

₹1.44 Lakhdeclared cost per plotall-in — land + construction
27%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.

₹35,117per sq yd
₹42,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “MAIN STREET / CENTRAL STREET SARAFA / DREAM LAND CHOURAHA / PLAUDAN ROAD / BOHRA GALI”, 100 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

GILIPSY ROAD₹10,000 / sq m₹8,361 / sq yd100 m
DHAR ROAD₹10,000 / sq m₹8,361 / sq yd130 m
BUNGLOW NO. 102₹16,000 / sq m₹13,378 / sq yd140 m
PAARSI GALI / CHUDI GALI / BHOJ MARG / BHOLA GALI₹25,000 / sq m₹20,903 / sq yd140 m
PLAUDAN ROAD₹30,000 / sq m₹25,084 / sq yd160 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Dr. Ambedkar Nagar (Mhow)

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (31 Mar 2020) 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

Dr. Ambedkar Nagar (Mhow)

Town & Country Planning area · Indore district

Has approved 121 RERA projects2.3% of Madhya Pradesh.

a plotted-layout market10% apartments · 90% plotted layouts. Your plotted layout is this body's core business.

Builders
110
On record
583 flats · 19,764 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 90% 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

426 plotted projects still under way within 25 km. Step out ring by ring:

Of the 118 projects the radar draws within 6 km — every kind, every stage — 69 are plotted projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

170 m awayPlotted Development

AMRAT BANDHAN

LOYAL INFRASTRUCTURE · Dr. Ambedkar Nagar

Jun 2025registered
Jan 2028target completion
Declared cost₹3.46 CrScale8 plotsAuthorityRERA Madhya Pradesh
170 m awayPlotted Development

AMRIT VALLEY

LOYAL INFRASTRUCTURE · Dr. Ambedkar Nagar

Aug 2025registered
Apr 2026target completion
Declared cost₹7.20 CrScale91 plotsAuthorityRERA Madhya Pradesh
690 m awayPlotted Development

SAKAR REAL LIFE

SAAKAR REALTY · Dr. Ambedkar Nagar

Mar 2024registered
Sep 2026target completion
Declared cost₹6.64 CrScale142 plotsAuthorityRERA Madhya Pradesh
690 m awayPlotted Development

IIT TOWN SIMROL

HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTAL · Dr. Ambedkar Nagar

Apr 2026registered
Sep 2028target completion
Declared cost₹10.49 CrScale7 plotsAuthorityRERA Madhya Pradesh
690 m awayPlotted Development

GOKUL PARK

MUKESH YADAV · Juni Indore

Jun 2025registered
Nov 2028target completion
Declared cost₹7.03 CrScale88 plotsAuthorityRERA Madhya Pradesh
970 m awayPlotted Development

BALAJI PRIME

BALAJI INFRA · Dr. Ambedkar Nagar

Aug 2024registered
Mar 2027target completion
Declared cost₹3.84 CrScale45 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.