1. This project plotted development project. Therefore there is no provision for parking in this project.
2. The conversion letter uploaded online is to be considered as approval letter. No separate approval letter is provided.
3. No plots are liable to be mortgage in this project to any government authority.
4. Sanctioned layout plan numbering is not correct, last number mentioned in layout plan is 160. however by individual counting of plots it comes to 128 plots, 16 shops and 1 institutional plot. Total inventory comes to 145.
5. Letter no. 1800/27/2016/351 and 1800/27/2016/450 as mentioned on copy of sanctioned layout were not issued to us. They are for internal use of Collector only.
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.
Builder's track record — done
03
Location & price analysis
RAJ-RERA · Registration filing
Address
408,409,410,414,416,419,421, VILLAGE RAITHAL, TEHSIL- PHAGI, RAITHAL, Phagi, Jaipur, 303904
Village
RAITHAL
Taluka
Phagi
District
Jaipur
Pincode
303904
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 2.5 kmNo metro or railway within 5kmLimited bus connectivity nearby
Price analysisdeclared build cost — not a sale price
₹2.84 Cr declared. What that works out to:
₹63/sq ftof plotted area₹682/sq m
44%of the cost is land₹28/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
In Rajasthan it’s called the DLC rate.
₹2,090per sq yd
₹2,500per sq m
Which rate
residential, interior plot
Matched to
The rate published for the village of “RAITHAL”.
Highest rate
₹2,709 per sq yd — the top road-facing rate among the 2 residential rates published for this village
By the road it faces
interior plot
₹2,500 / sq m
₹2,090 / sq yd
road-facing
₹2,700 / sq m
₹2,258 / sq yd
41–60 ft road
₹2,970 / sq m
₹2,483 / sq yd
61–99 ft road
₹3,110 / sq m
₹2,600 / sq yd
100 ft+ road
₹3,240 / sq m
₹2,709 / sq yd
The same land, priced by the width of the road it faces — each band the middle of the residential rates published for this village.
This filing declares ₹682 per sq m of plotted area — 0.27× 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
Gram Panchayat
Gram Panchayat
Layout Permitapproved 20 Oct 2020 · 5 yrs ago
The promised possession date (31 Dec 2023) 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
Gram Panchayat
A village-level local body. It has approved 34 RERA projects across 5 districts — 1.5% of 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.