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MADHU VIHAR ARCADE

BRERAP12744-001/65/R-1703/2024 · RERA Bihar · https://gethorizon.in/projects/madhu-vihar-arcade-patna-fmyn2cq4

01

Complete project overview

RERA Bihar · Registration filing
Land area
1,660 sq m
Built-up area
3,184 sq m

Timeline

Project startedMar 2024
RERA registeredJun 2024
Proposed completionMar 2029
TodaySep 2026
02

Builder’s track record

RERA Bihar · Builder registration

PANACEA BUILDPRO PRIVATE LIMITED

CompanyPromoter type
East Delhi, 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
East Delhi
Village
Patna
Address
LAKHNIBIGHA, DANAPUR, PATNA
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.0 kmPrimary road 710 m · Neora RoadRailway line 719 mRailway station 1.2km away (Danapur)Limited bus connectivity nearby
Water & environment
Water body 544 m · pani tankiCanal 2.0 km · Barun Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.23 Cr declared. What that works out to:

15%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

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

Of the 724 projects the radar draws within 6 km — every kind, every stage — 207 are residential projects still under way. This list keeps only those, and looks further out.

9 projects within 1 km — showing the nearest 6.

190 m awayResidential/Group Housing

R.R. HIGHLINE TOWER

R.R. BUILDERS AND INFRACON · LAKHNIBIGHA · PATNA

Feb 2026registered
Sep 2029target completion
Declared cost₹45.05 CrScale197 flatsAuthorityRERA Bihar
420 m awayResidential

SUNRISE VIEW

SUNSHINE HOMES · Patna

Aug 2023registered
May 2028target completion
Declared cost₹4.69 CrAuthorityRERA Bihar
660 m awayResidential

ASTHANU SHARDA COMPLEX

Asthanu Buildcon · Patna

Jul 2023registered
Jun 2026target completion
Declared cost₹3.61 CrAuthorityRERA Bihar
710 m awayResidential/Group Housing

KAUTILYA KUTEER B BLOCK

KAUTILYA REAL-TECH OPC PVT LTD · LAKHNI BIGHA · DANAPUR PATNA

Dec 2025registered
Aug 2030target completion
Declared cost₹3.36 CrScale18 flatsAuthorityRERA Bihar
760 m awayResidential/Group Housing

SHANVI RESIDENCY

PLATINUM HERITAGE HOMES PVT. LTD. · LAKHNIBIGHA · PATNA

Nov 2024registered
May 2029target completion
Declared cost₹11.43 CrScale30 flatsAuthorityRERA Bihar
860 m awayResidential/Group Housing

TEJASWINI ENCLAVE

MAA VINDESHWARI CONSTRUCTION PRIVATE LIMITED · Danapur

Sep 2025registered
May 2030target completion
Declared cost₹4.78 CrScale23 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.