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MAHAVEER NAGAR PHASE II

P-NRP-25-5459 · RERA Madhya Pradesh · https://gethorizon.in/projects/mahaveer-nagar-phase-ii-narsinghpur-narsimhapur-28olm86a

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
58 plots
Quarterly reports
5 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedApr 2024
RERA registeredFeb 2025
Proposed completionApr 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE VARDHMAN COLONIZER AND ASSOCIATES

Partnership Firm / LLPPromoter type
1Projects
1City
2025–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
Narsinghpur
Tehsil
Narsimhapur
Planning area
Narsinghpur
Address
MOUJA DEDWARA K.NO.49 N.B.NO.233 PH NO .42 NARSINGHPUR
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 70m away · 4 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.6 kmRailway line 909 mRailway station 2.3km away (Narsinghpur)Limited bus connectivity nearby
Water & environment
Water body 1.6 kmRiver 4.3 km · Sher
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.75 Cr declared to build 58 plots. What that works out to:

₹3.01 Lakhdeclared cost per plotall-in — land + construction

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.

₹10,034per sq yd
₹12,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 203 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

INDIRA WARD - MAIN ROAD BAZAR₹34,000 / sq m₹28,428 / sq yd40 m
BELAPURKAR WARD - WARD SATISH CHITRA MANDIR SE REST HOUSE BELAPURKAR WARD ROAD ( VIYAAMSHALA ROAD )₹9,000 / sq m₹7,525 / sq yd110 m
INDIRA WARD - NH BAHARI ROAD₹34,000 / sq m₹28,428 / sq yd150 m
INDIRA WARD - SANICHARA BAZAR CHOUNK SE KATHAL PETROL PUMP TAK₹50,000 / sq m₹41,806 / sq yd160 m
RAJIV WARD - N.H. BAHRI ROD₹31,200 / sq m₹26,087 / sq yd170 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

Narsinghpur

Town & Country Planning (DTCP)
Layout Permitapproved 17 Feb 2025 · 1 yr 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

Narsinghpur

Town & Country Planning area · Narsinghpur district

Has approved 20 RERA projects0.4% of Madhya Pradesh.

a plotted-layout market5% apartments · 95% plotted layouts. Your plotted layout is this body's core business.

Builders
19
On record
98 flats · 1,782 plots
Reach
3 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 95% 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

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

3 projects within 3 km — showing the nearest 3.

NarsinghpurPlotted Development

RAJ RAJESHWARI VIHAR

TIRUPATI BUILDERS

Feb 2025registered
Sep 2027target completion
Declared cost₹2.59 CrScale48 plotsAuthorityRERA Madhya Pradesh
NarsinghpurPlotted Development

TEACHERS RESIDENCY

SHISHAK GRAH NIRMAN SAHKARI SAMITI MARYADIT NARSINGHPUR

Jun 2026registered
Jul 2026target completion
Declared cost₹2.22 CrScale20 plotsAuthorityRERA Madhya Pradesh
NarsinghpurPlotted Development

NANDAN GREEN CITY PHASE-2

NIRMAL VASWANI

Feb 2025registered
Oct 2027target completion
Declared cost₹4.41 CrScale59 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.