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LOTUS SHINE

P-IND-17-087 · RERA Madhya Pradesh · https://gethorizon.in/projects/lotus-shine-juni-indore-p1hj4cax

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
LOTUS SHINE
Units
54 flats
Unit mix
42 × 2BHK · 12 × 3BHK
Quarterly reports
9 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedApr 2013
RERA registeredAug 2017
Proposed completionDec 2017
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

54 units across 2 batches
TypeArea sq mCount
3BHK12
2BHK42

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 registration

LOTUS DEVELOPERS

Partnership Firm / LLPPromoter type
11Projects
9Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
395 homes · 140 plotson the public record across 11 projects
23,046 sq mbuilt-up filed
14,561 sq mplotted area
35,053 sq mland declared
₹39.45 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
Vice Chairman, UDAUrban Development Authority2 of 8 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 8 projects
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 8 projects
BadwaniTown & Country Planning (DTCP)1 of 8 projects
IndoreTown & Country Planning (DTCP)this project1 of 8 projects
Municipal Corporation of Greater MumbaiMunicipal Corporation1 of 8 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 8 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.

More from LOTUS DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Lotus Shine, khasra no - 200/1,201,202,203, 204,206,207,214 /1,214/2 at Niranganpur Indore
What’s nearby
Schools1 school within 1km
HealthcareHospital 941m away · 7 clinics within 1km · Pharmacy within 500m
LifestylePark 1.2km away
ShoppingSupermarket 1.7km away
Getting around
Primary road 1.6 km · Old A. B. RoadRailway line 1.0 km · DWX - INDB Rail SectionRailway station 4.6km away (Mangliyagaon)Limited bus connectivity nearby
Water & environment
River 507 m · Kanh RiverWater body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.22 Cr declared to build 54 flats. What that works out to:

₹13.37 Lakhdeclared cost per flatall-in — land + construction
11%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 & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹26,129per sq yd
₹31,250per sq m
Which rate
multi-storey residential
Matched to
The rate published for “TIRUPATI GREENS (NIRANJANPUR)”, 240 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

YOJANA 78 PART 2/PSP₹73,600 / sq m₹61,539 / sq yd430 m
SCHEME 136₹38,500 / sq m₹32,191 / sq yd440 m
SCHEME 159 MR-10₹30,000 / sq m₹25,084 / sq yd620 m
MEADOWS PALLADIUM (NIRANJANPUR)₹30,000 / sq m₹25,084 / sq yd660 m
NIRVANAA-PURAM₹33,000 / sq m₹27,592 / sq yd740 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permitapproved 31 Aug 2017 · 9 yrs ago

The promised possession date (31 Dec 2017) 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 district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

117 residential projects still under way within 25 km. Step out ring by ring:

Of the 229 projects the radar draws within 6 km — every kind, every stage — 41 are residential projects still under way. This list keeps only those, and looks further out.

4 projects within 1 km — showing the nearest 4.

530 m awayApartment

SELENE BY MICROMITTI

V2M INFRASTRUCTURE · Indore · Juni Indore

Mar 2025registered
Oct 2027target completion
Declared cost₹17.24 CrScale3 flatsAuthorityRERA Madhya Pradesh
650 m awayApartment

SS INFINITUS PHASE-13

SS NIRMAN PRIVATE LIMITED · Indore · Juni Indore

Apr 2024registered
Apr 2027target completion
possession revisedDeclared cost₹8.22 CrScale292 flatsAuthorityRERA Madhya Pradesh
650 m awayApartment

SS INFINITUS - PHASE 11

SS NIRMAN PRIVATE LIMITED · Indore · Juni Indore

Apr 2024registered
Apr 2027target completion
possession revisedDeclared cost₹1.60 CrScale63 flatsAuthorityRERA Madhya Pradesh
800 m awayApartment

TAPTI PARISAR PHASE-I (VARIOUS SITE)

INDORE MUNICIPAL CORPORATION · Indore · Juni Indore

Nov 2021registered
Feb 2027target completion
Declared cost₹58.88 CrScale580 flatsAuthorityRERA Madhya Pradesh

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.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.