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MAHALAXMI NAGAR

P-DHR-26-6318 · RERA Madhya Pradesh · https://gethorizon.in/projects/mahalaxmi-nagar-dhar-qd37bxsi

01

Complete project overview

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

Timeline

Project startedApr 2021
RERA registeredMar 2026
Proposed completionMar 2026
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DILIP KUMAR LASHKARI

IndividualPromoter type
1Projects
1City
2026–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 Madhya Pradesh · Registration filing
District
Dhar
Tehsil
Dhar
Planning area
Dhar
Address
Khasra No. 190/2 & 193 Part at Village Magajpura, Tehsil & District Dhar (M.P)
What’s nearby
Schools1 school within 1km
HealthcareHospital 246m away · 1 clinic within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 593m away
Getting around
Expressway 17 mPrimary road 1.2 km · Dhar BypassNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 865 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.19 Cr declared to build 61 plots. What that works out to:

₹1.95 Lakhdeclared cost per plotall-in — land + construction
60%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.

₹9,532per sq yd
₹11,400per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 302 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

GHODA CHOPATI SE PATIDAR SE BHOJ CHIKISALAYE SE SHYAM DHABE TAK RODE KE DONO OR₹22,000 / sq m₹18,395 / sq yd200 m
RATAN BISUNES HUB₹39,600 / sq m₹33,111 / sq yd220 m
KHEDAPATI MARG CONGRESS BHAVAN SE AAGE₹27,200 / sq m₹22,743 / sq yd240 m
MAYAPURI COLONY₹6,600 / sq m₹5,518 / sq yd250 m
KHEDAPATI MARG₹33,000 / sq m₹27,592 / 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 locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Dhar

Town & Country Planning (DTCP)
Layout Permitapproved 6 Mar 2026 · 6 mo ago

The promised possession date (31 Mar 2026) 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

Dhar

Town & Country Planning area · Dhar district

Has approved 24 RERA projects0.5% of Madhya Pradesh.

a plotted-layout market13% apartments · 87% plotted layouts. Your plotted layout is this body's core business.

Builders
22
On record
322 flats · 3,034 plots
Reach
5 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 87% 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

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

5 projects within 10 km — showing the nearest 5.

DharPlotted Development

RATAN BUSINESS HUB

GURKEERAT REAL ESTATE

Dec 2024registered
Sep 2027target completion
Declared cost₹31.55 CrScale38 plotsAuthorityRERA Madhya Pradesh
DharPlotted Development

LAABHAM

SHREE LAXMINARAYAN DEVELOPERS (PROP. AMIT HIRWANI)

Sep 2024registered
Jun 2026target completion
Declared cost₹2.18 CrScale62 plotsAuthorityRERA Madhya Pradesh
DharPlotted Development

SKY CITY

TSD INFRAESTATE PRIVATE LIMITED

May 2026registered
Sep 2028target completion
Declared cost₹11.01 CrScale93 plotsAuthorityRERA Madhya Pradesh
DharPlotted Development

SHREENATH EXOTICA PHASE - 1

VIVEK JOSHI

Aug 2024registered
Mar 2027target completion
Declared cost₹3.77 CrScale66 plotsAuthorityRERA Madhya Pradesh
DharPlotted Development

SHREENATH EXOTICA PHASE - 2

VIVEK JOSHI

Feb 2025registered
Oct 2027target completion
Declared cost₹4.21 CrScale106 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.