HORIZON
Share

MAHALAXMI NAGAR

P-DHM-25-5987 · RERA Madhya Pradesh · https://gethorizon.in/projects/mahalaxmi-nagar-dhamnod-dharampuri-4x7wfruk

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
MAHALAXMI NAGAR
Plots
95 plots

Timeline

Project startedMar 2025
RERA registeredOct 2025
Proposed completionMar 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

VASUNDHARA DEVELOPERS

Partnership Firm / LLPPromoter type
6Projects
3Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
78 homes · 95 plotson the public record across 6 projects
32,649 sq mbuilt-up filed
40,737 sq mland declared
₹85.45 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
Commissioner, APCRDAMunicipal / Corporation2 of 3 projects
DhamnodTown & Country Planning (DTCP)this project1 of 3 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 VASUNDHARA DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Dhar
Tehsil
Dharampuri
Planning area
Dhamnod
Address
DHAMNOD TEHSIL DHARAMPURI DISTRICT DHAR M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 553m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 268 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 855 m · Khuj
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.78 Cr declared to build 95 plots. What that works out to:

₹8.19 Lakhdeclared cost per plotall-in — land + construction
16%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.

₹5,853per sq yd
₹7,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “PURANA DHARAMPURI MANAWAR ROAD”, 50 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

NARMDA WARD ROAD PAR₹8,000 / sq m₹6,689 / sq yd50 m
Jawahar Ward₹7,000 / sq m₹5,853 / sq yd150 m
MOTI NAGAR COLONY₹8,500 / sq m₹7,107 / sq yd180 m
Bhagawa Nagar₹12,000 / sq m₹10,034 / sq yd220 m
NARMDA WARD ROAD SE ANDAR₹5,500 / sq m₹4,599 / sq yd250 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

Dhamnod

Town & Country Planning (DTCP)
Layout Permitapproved 15 Oct 2025 · 11 mo 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

Dhamnod

Town & Country Planning area · Dhar district

Has approved 16 RERA projects0.3% of Madhya Pradesh.

a plotted-layout market0% apartments · 100% plotted layouts. Your plotted layout is this body's core business.

Builders
14
On record
0 flats · 1,798 plots
Since
2018

More layout-heavy than Madhya Pradesh overall — 100% plots here vs 72% statewide.

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

18 plotted projects still under way within 25 km. Step out ring by ring:

Of the 5 projects the radar draws within 6 km — every kind, every stage — none is a plotted project still under way. This list keeps only those, and looks further out.

1 project within 10 km — showing the nearest 1.

6.0 km awayPlotted Development

PARADISE AVENUE

SANJAY KUMAR BIRLA · Dhar · Dharampuri

Jun 2026registered
Dec 2028target completion
Declared cost₹2.17 CrScale51 plotsAuthorityRERA 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.