1) The plotted development scheme covers a total area of 5,816.00 square meters, comprising 3,457.87 square meters of saleable area, and 2,358.13 square meters of open area.
2) The saleable area of 3,457.87 square meters includes: 3,457.87 square meters of Residential Plot Area.
3) The open area of 2,358.13 square meters comprises: 1721.80 square meters of Road Area, 318.21 square meters of Park Area, and 318.12 square meters of OCF Area.
4) In accordance with the Township Policy 2010, Residential Plot Nos. 7, 18, 34, 35, 36, and 57 (total 6 plots), equivalent to 12.5% of the saleable area, were mortgaged with the Urban Improvement Trust (UIT), Bhilwara. These plots are now released upon completion of internal development works and payment of development charges to the UIT, Bhilwara.
5) The project is jointly owned, developed, and sold by the parties: Mr. Shiv Raj Sen, Mrs. Chanchal Sharma, Mr. Sunil Kumar Banger, Mr. Hardik Khandelwal, and Mr. Nanda Ram Jat. These parties have entered into a Memorandum of Understanding (MOU) for the development of the plotted project “Lakshay Nagar.” As per the MOU executed among the parties, Mr. Shiv Raj Sen is designated as the Main Promoter, while Mrs. Chanchal Sharma, Mr. Sunil Kumar Banger, Mr. Hardik Khandelwal, and Mr. Nanda Ram Jat are designated as Other Promoters.
Timeline
Construction startJun 2025
RERA registeredJan 2026
Proposed completionDec 2026
TodaySep 2026
Find your plot
Filed by type and size, in the batches the builder registered — not a per-plot listing. Look yours up.
57 plots across 22 batches
TypeArea sq mCount
Plot561
Plot551
Plot561
Plot561
Plot571
Plot691
Plot5918
Plot781
Plot842
Plot5611
Plot752
Plot671
Plot631
Plot581
Plot526
Plot741
Plot331
Plot611
Plot591
Plot691
Plot752
Plot951
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 size exist, not how many are still unsold (this state's filing carries no booking count).
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.
Expressway 194 m · Bhilwara BypassPrimary road 2.7 kmNo metro or railway within 5kmLimited bus connectivity nearby
Price analysisdeclared build cost — not a sale price
₹1.52 Cr declared to build 57 plots. What that works out to:
₹2.67 Lakhdeclared cost per plotall-in — land + construction
₹243/sq ftof plotted area₹2,617/sq m
56%of the cost is land₹137/sq ft of 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.
Location & price analysis — done
04
Government Guidance Rate
Rajasthan IGRS — DLC rates (rural branch)
In Rajasthan it’s called the DLC rate.
₹4,281per sq yd
₹5,120per sq m
Which rate
residential, interior plot
Matched to
The rate published for the village of “Pansal”.
This filing declares ₹2,617 per sq m of plotted area — 0.51× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
The minimum value Rajasthan’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 village, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RAJ-RERA · Approved building plan
Urban Improvement Trust
Urban Improvement Trust
Layout Permitapproved 24 Jun 2025 · 1 yr ago
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
Urban Improvement Trust
A city-level Urban Improvement Trust — Rajasthan's town-development body in cities without a development authority. It has approved 612 RERA projects across 20 districts — about 1 in 4 in Rajasthan.
Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
RAJ-RERA's public record lists no complaints or litigation for this project.
07Other projects nearby
The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/lakshay-nagar-bhilwara-x9p98agd.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.