HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
38 plots

Timeline

Project startedJan 2025
RERA registeredSep 2025
Proposed completionJan 2028
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHRI BALAJI DEVELOPERS

Partnership Firm / LLPPromoter type
13Projects
9Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
179 homes · 684 plotson the public record across 13 projects
18,981 sq mbuilt-up filed
5,787 sq mland declared
₹136.84 Crdeclared build cost

Build cost is what the promoter 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)1 of 7 projects
KhargoneTown & Country Planning (DTCP)this project1 of 7 projects
Nashik Municipal CorporationMunicipal Corporation1 of 7 projects
SanwerTown & Country Planning (DTCP)1 of 7 projects
Saswad Municipal CouncilMunicipal Council1 of 7 projects
Town Planning Satara1 of 7 projects
Urban Improvement TrustUrban Improvement Trust1 of 7 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 promoter, 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
Khargone
Tehsil
Khargone Nagar
Planning area
Khargone
Address
Khasra No. 81/1/1/1, Village - Khargone, Tehsil - Khargone, District - Khargone
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 564m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 6 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.3 km · KundaWater body 4.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.68 Cr declared to build 38 plots. What that works out to:

₹7.05 Lakhdeclared cost per plotall-in — land + construction
4%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

Khargone

Town & Country Planning (DTCP)
Layout Permitapproved 15 Sep 2025 · 10 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

Khargone

Town & Country Planning area · Khargone district

Has approved 74 RERA projects1.4% of Madhya Pradesh.

a plotted-layout market9% apartments · 91% plotted layouts. Your plotted layout is this body's core business.

Builders
54
On record
673 flats · 5,640 plots
Reach
6 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 91% 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.