HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
410 flats
Unit mix
184 × 2BHK · 70 × 3BHK · 60 × 1BHK · 38 × Office Commercial · 35 × 4BHK · 23 × Shop Commerical
Quarterly reports
10 on file · latest Oct 2023 - Dec 2023quarterly progress certificates filed with RERA

Timeline

Project startedNov 2023
RERA registeredMar 2024
Proposed completionSep 2026
TodayJul 2026

Find your flat

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

410 units across 6 batches
TypeArea sq mCount
1BHK60
2BHK184
4BHK35
3BHK70
Office Commercial38
Shop Commerical23

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 type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

VB BUILDERS AND DEVELOPERS

Partnership Firm / LLPPromoter 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
Sawer
Planning area
Sanwer
Address
Khasra No 159/2, 159/1/2/2/1, 159/1/2/1/1 Village Bhorasala, Tehsil Malharganj Indore
What’s nearby
Schools3 schools within 500m · 8 educational institutions within 1km · College or university 1.5km away
HealthcareHospital 329m away · 65 clinics within 1km · Pharmacy within 500m
LifestylePark 1.7km away · Gym or sports centre 1.0km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.7km away · Convenience store within 500m
Getting around
Expressway 2.4 km · Ring RoadPrimary road 209 mRailway line 2.4 km · INDB - RAU Rail SectionRailway station 2.5km away (Saifee Nagar)Bus stop within 500m
Water & environment
River 1.3 km · SaraswathiWater body 2.1 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹165.05 Cr declared to build 410 flats. What that works out to:

₹40.26 Lakhdeclared cost per flatall-in — land + construction
9%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

Sanwer

Town & Country Planning (DTCP)
Building Permitapproved 22 Mar 2024 · 2 yrs 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

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.

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.