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IRIS

P-OTH-20-2532 · RERA Madhya Pradesh · https://gethorizon.in/projects/iris-ujjain-bfvoqtj6

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
IRIS
Units
43 flats
Unit mix
43 × Residential
Revised completion
15 Nov 2022extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
17 on file · latest Jan 2019 - Mar 2019quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2019
RERA registeredFeb 2020
Proposed completionFeb 2022
TodaySep 2026

Find your flat

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

43 units across 1 batch
TypeArea sq mCount
Residential43

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 · Builder registration

NAJMI HOUSING PROJECT PRIVATE LIMITED

CompanyPromoter type
1Projects
1City
2020–2022Active
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
Ujjain
Tehsil
Ujjain
Planning area
Other
Address
SURVEY NO. 158/2, 156/2, 155/2 GRAM KARARIYA, UJJAIN
What’s nearby
SchoolsNearest school 1.2km away
HealthcareHospital 68m away · 1 clinic within 1km
LifestylePark 1.4km away
ShoppingSupermarket 1.3km away · Mall 424m away
Getting around
Expressway 2.3 kmPrimary road 1 m · Devas - Ujjain HighwayRailway line 594 mRailway station 753m away (Ujjain Junction)Bus stop within 1km
Water & environment
Water body 1.1 kmRiver 1.9 km · Shipra
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.49 Cr declared to build 43 flats. What that works out to:

₹8.11 Lakhdeclared cost per flatall-in — land + construction
12%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.

₹14,632per sq yd
₹17,500per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 1,073 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

NAWKAR SQUARE (TIN BATTI CHOURAHA) (PRAKOSHTH)₹50,200 / sq m₹41,974 / sq yd30 m
DEVINE ASHA (PRAKASH NAGAR) (PRAKOSHTH)₹18,500 / sq m₹15,468 / sq yd60 m
ISHIPATRA APARTMENT (VISHNUPURA) (PRAKOSHTH)₹10,600 / sq m₹8,863 / sq yd90 m
SANSHINE TOWER (PRAKOSHTH)₹31,300 / sq m₹26,171 / sq yd100 m
SATYAM APARTMENT (VISHNUPURA) (PRAKOSHTH)₹10,600 / sq m₹8,863 / sq yd140 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
Building Permit

The promised possession date (15 Feb 2022) 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.

07

Other projects nearby

The register · within 25 km

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

4 projects within 10 km — showing the nearest 4.

UjjainApartment

VDS PRIME PLAZA PHASE A

VDS ENTERPRISES LLP

Apr 2024registered
Jun 2026target completion
Declared cost₹3.66 CrScale6 flatsAuthorityRERA Madhya Pradesh
UjjainApartment

VDS PRIME PLAZA PHASE B

VDS ENTERPRISES LLP

Apr 2024registered
Jun 2026target completion
Declared cost₹3.67 CrScale6 flatsAuthorityRERA Madhya Pradesh
UjjainIndividual houses

KANTI PARADISE

SHRI SAI KRIPA DEVELOPERS

May 2026registered
Aug 2028target completion
Declared cost₹9.20 CrScale26 flatsAuthorityRERA Madhya Pradesh
UjjainIndividual houses

R. K. GOLD

JPJ EXIM PRIVATE LIMITED

Oct 2025registered
Jun 2026target completion
Declared cost₹6.75 CrScale50 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.