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Detailed Report

GULMOHAR PARK

P-IND-24-5100 · RERA Madhya Pradesh · https://gethorizon.in/projects/gulmohar-park-indore-malharganj-pq9mg6xc

01

Complete project overview

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

Timeline

Project startedJul 2024
RERA registeredOct 2024
Proposed completionJun 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DELONIX DEVELOPERS PRIVATE LIMITED

CompanyPromoter type
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
GULMOHAR PARK

GULMOHAR PARK

this project
Plotted Development
Jul 2024started
Jun 2027target completion
54 plots₹5.76 Cr

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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 46 new projects last year
  • 608 nearby projects
exact address · geocoded from the filed address · 22.7189, 75.8360 · © OpenStreetMap contributors
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
Khasra No. 48/2/2, 48/3/2, Gram Sinhasa, Tehsil Malharganj, Dist Indore
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 1.4km away
HealthcareHospital 337m away · 27 clinics within 1km · Pharmacy within 500m
LifestylePark 1.8km away · Gym or sports centre 1.3km away
ShoppingSupermarket 1.9km away · Convenience store within 1km · Bank 630m away
Getting around
Expressway 1.8 km · Ring RoadPrimary road 299 m · Vyas bridgeRailway line 2.8 km · INDB - RAU Rail SectionRailway station 2.9km away (Saifee Nagar)Bus stop within 1km
Water & environment
River 1.7 km · SaraswathiWater body 2.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.76 Cr declared to build 54 plots. What that works out to:

₹10.66 Lakhdeclared cost per plotall-in — land + construction
73%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.

₹41,806per sq yd
₹50,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “PANCHKUIYA/KAILASH MARG”, 40 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

SULKAKHEDI/PRAJAPATIPURA/EINT BHATTA/RAM NAGAR NAI BASTI/KUMHAAR MOHALLA/TELIBAKHAL GALI/SITARAM PARK COLONY/GANESH GANJ/PANCHKUIYA-KAILASH MARG/BIJASAN NAGAR/SANKHLA COLONY/AKHAND DHAM/VINDHYANCHAL NAGAR-COLONY/MISHRA JI KA BAADA/SIYARAM NAGAR/SHUKLA NAGAR/TIRUPATI NAGAR/BHOLENATH COLONY/RAMCHANDRA NAGAR/SAI GANGOTRI COLONY/RAMAYAN NAGAR/HUKUMCHAND COLONY/HANUMANT PALACE₹50,000 / sq m₹41,806 / sq yd140 m
AIRPORT ROAD₹70,000 / sq m₹58,529 / sq yd300 m
MAHESH NAGAR NEW MAHESH NAGAR₹35,000 / sq m₹29,264 / sq yd420 m
GULAB PARK COLONY₹28,000 / sq m₹23,412 / sq yd500 m
INDIRA NAGAR KASTUR TAKIEJ KE PASS₹16,000 / sq m₹13,378 / sq yd530 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

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 3 Oct 2024 · 1 yr 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

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market — 34% 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.

See every project approved by RERA Madhya Pradesh→

07

Other projects nearby

The register · within 25 km

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

Of the 608 projects the radar draws within 6 km — every kind, every stage — 201 are plotted projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

60 m awayPlotted Development

SHREE SWASTIK VIHAR PHASE-3

SHREE SWASTIK INFRA PROJECTS · Indore · Malharganj

Jun 2026registered
Feb 2029target completion
Declared cost₹8.69 CrScale79 plotsAuthorityRERA Madhya Pradesh
Open the read
80 m awayPlotted Development

OMAXE PRATHAM PHASE-III

OMAXE LTD · Kanadia

Jun 2025registered
Oct 2027target completion
Declared cost₹3.75 CrScale4 plotsAuthorityRERA Madhya Pradesh
Open the read
80 m awayPlotted Development

CLASSIC MEADOWS

MEADOWS GROUP · Indore · Bicholi Hapsi

Jan 2025registered
Sep 2027target completion
Declared cost₹3.60 CrScale69 plotsAuthorityRERA Madhya Pradesh
Open the read
140 m awayPlotted Development

SREE RAM BUSINESS CENTRE PHASE 2

JKM INVESTMENT PRIVATE LIMITED · Indore · Malharganj

Mar 2025registered
Dec 2027target completion
Declared cost₹9.28 CrScale42 plotsAuthorityRERA Madhya Pradesh
Open the read
260 m awayPlotted Development

HIGHWAY ELEGANCE PHASE-2

GRACELAND HABITATS SERENE PRIVATE LIMITED · Indore · Rau

Aug 2024registered
Mar 2027target completion
Declared cost₹6.78 CrScale36 plotsAuthorityRERA Madhya Pradesh
Open the read
380 m awayPlotted Development

TRIVENI

NARAYAN AND SONS · Indore · Juni Indore

Jul 2024registered
Jun 2026target completion
Declared cost₹6.48 CrScale68 plotsAuthorityRERA Madhya Pradesh
Open the read

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Madhya Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Madhya Pradesh filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/gulmohar-park-indore-malharganj-pq9mg6xc.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.