IndoreApartment
MOTHA SHOPPING ARCADE
RACE REAL ESTATE BUILDERS AND DEVELOPERS LLP
Feb 2025registered
Oct 2027target completion
Declared cost₹190.88 CrScale2 flatsAuthorityRERA Madhya Pradesh
KALYANAM SKYZ
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Project name
- KALYANAM SKYZ
- Units
- 61 flats
- Unit mix
- 12 × A-27 · 4 × C-1 · 4 × A-25 · 2 × A-01 · 2 × A-02 · 2 × A-04
- Quarterly reports
- 9 on file · latest Jan 2024 - Mar 2024quarterly progress certificates filed with RERA
Timeline
Project startedJul 2023
RERA registeredJan 2024
Proposed completionJul 2026
TodaySep 2026
Find your unit
Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.
TypeArea sq mCount
C-1—4
A-01—2
A-02—2
A-03—1
A-04—2
A-05—2
A-06—2
A-07—1
A-08—1
A-09—1
A-10—1
A-11—2
A-12—1
A-13—1
A-14—1
A-15—1
A-16—1
A-17—1
A-18—1
A-19—1
A-20—1
A-21—1
A-22—2
A-23—2
A-24—1
A-25—4
A-26—1
A-27—12
A-28—2
A-29—2
A-30—2
A-31—2
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 registrationSUNIL KUMAR JAIN
IndividualPromoter type
2Projects
2Cities
2021–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
61 homes · 91 plotson the public record across 2 projects
₹15.10 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
IndoreTown & Country Planning (DTCP)this project1 of 2 projects
SagarTown & Country Planning (DTCP)1 of 2 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.
03
Location & price analysis
RERA Madhya Pradesh · Registration filing- District
- Indore
- Tehsil
- Juni Indore
- Planning area
- Indore
- Address
- P-27(9-NEW) MUNICIPAL PALIKA ,DR ROSHAN SINGH BHANDARI MARG (RACE COURGE ROAD INDORE)
What’s nearby
Schools6 schools within 1km · 6 educational institutions within 1km
HealthcareHospital 20m away · 60 clinics within 1km · Pharmacy within 500m
LifestylePark 581m away · Gym or sports centre 804m away · 31+ restaurants and cafes within 1km
ShoppingSupermarket 1.6km away · Mall 845m away · Convenience store within 1km
Getting around
Expressway 4.5 kmPrimary road 2.3 km · Ring RoadRailway line 1.1 kmRailway station 1.8km away (Indore Junction)3 bus stops within 500m
Water & environment
River 1.7 km · ganga river
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹13.10 Cr declared to build 61 flats. What that works out to:
₹21.47 Lakhdeclared cost per flatall-in — land + construction
43%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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹22,994per sq yd
₹27,500per sq m
- Which rate
- multi-storey residential
- Matched to
- The middle rate of the 602 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
| ROSHAN SINGH BHANDARI MARG (JANJIRA CHORAHA SE ANGANWADI KENDRA TAK) | ₹40,000 / sq m | ₹33,445 / sq yd | 60 m |
|---|---|---|---|
| ROSHANSINGH BHANDARI MARG (ANDAR) | ₹43,000 / sq m | ₹35,953 / sq yd | 90 m |
| AGRAVIHAR COLONY ROAD | ₹20,000 / sq m | ₹16,723 / sq yd | 210 m |
| GOKUL RESIDENCY | ₹56,000 / sq m | ₹46,823 / sq yd | 250 m |
| VIDHYAPATI, MORYA CENTRE, THE VYOOH | ₹40,500 / sq m | ₹33,863 / sq yd | 260 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 planBuilding Permitapproved 31 Jan 2024 · 2 yrs ago
The promised possession date (26 Jul 2026) 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
Indore
Town & Country Planning area · Indore districtHas 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. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.
- 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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints register
Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Madhya Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km109 residential projects still under way within 25 km. Step out ring by ring:
Of the 643 projects the radar draws within 6 km — every kind, every stage — 59 are residential projects still under way. This list keeps only those, and looks further out.
1 project within 1 km — showing the nearest 1.
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.