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LAXMI PALACE

BRERAP12751-007/71/R-1782/2024 · RERA Bihar · https://gethorizon.in/projects/laxmi-palace-muzaffarpur-gjhz9i20

01

Complete project overview

RERA Bihar · Registration filing
Land area
1,255 sq m
Built-up area
3,136 sq m

Timeline

Project startedApr 2024
RERA registeredDec 2024
Proposed completionApr 2029
TodaySep 2026
02

Builder’s track record

RERA Bihar · Builder registration

FRIENDS INFRA BUILDCON

Partnership FirmPromoter type
Patna, BiharBased in
1Projects
1Cities
2024–presentActive
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 Bihar · Registration filing
District
Patna
Village
Muzaffarpur
Address
C/O AM TIWARI, PLOT NO. 229,65,74,72,66, BELA CHAPPRA,MITHANPURA,ANCHAL MUSAHRI,MUZAFFARPUR
What’s nearby
SchoolsNearest school 1.9km away
HealthcareHospital 649m away · 6 clinics within 1km · Doctor's clinic within 1km
Lifestyle1 park within 500m · 5 restaurants and cafes within 1km
ShoppingSupermarket 812m away · Mall 865m away · Bank 449m away
Getting around
Expressway 2.2 kmPrimary road 351 mRailway line 615 mRailway station 2.0km away (Ram Dayalu Nagar)Limited bus connectivity nearby
Water & environment
Water body 1.7 kmRiver 3.4 km · Burhi Gandak
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹13.00 Cr declared. What that works out to:

46%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

Bihar registration department

In Bihar it’s called the MVR (minimum value register) rate.

No government guidance rate is shown for this project.

Bihar's Minimum Value Register is in Horizon's record, but this project's mauja couldn't be tied to one thana — or its thana prices land by the katha, a unit whose size differs from district to district, so converting it would be a guess.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Bihar · Approved building plan
Building Permit
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

35 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

Of the 94 projects the radar draws within 6 km — every kind, every stage — 31 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.

3 projects within 1 km — showing the nearest 3.

760 m awayMixed Development(residential and commercial)

BRITE IMPERIA

BRITESKY CONSTRUCTION PRIVATE LIMITED · MUZAFFARPUR

May 2023registered
Nov 2026target completion
Declared cost₹24.01 CrScale45 flatsAuthorityRERA Bihar
760 m awayResidential

SHREE SHYAM ART PALAZZO

JAI SRI SHYAM HOMES PVT LTD. · Muzaffarpur

Aug 2023registered
Jul 2026target completion
Declared cost₹3.93 CrAuthorityRERA Bihar
810 m awayResidential/Group Housing

BISHUNDEO SARSWATI APARTMENT

KUMAR CONSTRUCTIONS AND DEVELOPERS · Musahari · MUZAFFARPUR

Feb 2023registered
Jan 2028target completion
Declared cost₹3.83 CrScale20 flatsAuthorityRERA Bihar

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.
  • Construction progress — RERA Bihar does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RERA Bihar does not publish a complaints register. This read cannot speak to them either way.