HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
139 plots
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedDec 2024
RERA registeredOct 2025
Proposed completionDec 2029
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

LAMBODAR DEVBUILD LLP

Partnership Firm / LLPPromoter type
1Projects
1City
2025–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
Malharganj
Planning area
Indore
Address
Survey no. 253, 254, 256 & 257 at Village Bangarda Bada, Tehsil Malharganj, District Indore M.P.
What’s nearby
SchoolsNearest school 1.1km away · College or university 1.6km away
HealthcareHospital 380m away · Clinic within 2km
LifestylePark 1.6km away · Gym or sports centre 1.6km away · Swimming pool within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.4 kmPrimary road 593 m · Atal Bridge Ring RoadRailway line 4.8 kmRailway station 4.8km away (Indore Junction)Bus stop within 1km
Price analysisdeclared build cost — not a sale price

₹13.97 Cr declared to build 139 plots. What that works out to:

₹10.05 Lakhdeclared cost per plotall-in — land + construction
67%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 9 Oct 2025 · 9 mo 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.