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MAJESTIC PARADISE

P-OTH-25-5765 · RERA Madhya Pradesh · https://gethorizon.in/projects/majestic-paradise-dr-ambedkar-nagar-mhow-lkhx36p4

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
57 plots
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

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

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHIV SAI DEVELOPERS

Partnership Firm / LLPPromoter type
11Projects
10Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
385 homes · 57 plotson the public record across 11 projects
27,063 sq mbuilt-up filed
25,722 sq mland declared
₹15.98 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
Others2 of 6 projects
Kalyan Dombivli Municipal CorporationMunicipal Corporation1 of 6 projects
Kulgoan Badlapur Municipal CouncilMunicipal Council1 of 6 projects
Maharashtra Shasan1 of 6 projects
Vasai Virar City Municipal CorporationMunicipal Corporation1 of 6 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 SHIV SAI DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Dr. Ambedkar Nagar (Mhow)
Planning area
Other
Address
Khasra No. 5/2/3, 5/2/2 & 5/2/1 at Village Joshi Guradia, Tehsil Mhow, District Indore (M.P)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 579m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.5 km · Mhow BypassPrimary road 375 mRailway line 2.9 km · DADN - INDB Rail SectionRailway station 3.5km away (Dr. Ambedkar Nagar)Limited bus connectivity nearby
Water & environment
Water body 576 mRiver 709 m · Gambhir
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.73 Cr declared to build 57 plots. What that works out to:

₹11.80 Lakhdeclared cost per plotall-in — land + construction
40%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.

₹10,034per sq yd
₹12,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “KANKADPURA”, 100 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

MADHYA PRADESH HOUSING BOARD/JAWAHAR NAGAR₹15,000 / sq m₹12,542 / sq yd200 m
SUMAN COLONY₹10,000 / sq m₹8,361 / sq yd210 m
SHRINATH COLONY₹11,000 / sq m₹9,197 / sq yd220 m
SHRIHARI NAGAR₹12,000 / sq m₹10,034 / sq yd240 m
NARMADA COLONY₹7,000 / sq m₹5,853 / sq yd260 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
Layout Permitapproved 8 Jul 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.

07

Other projects nearby

The register · within 25 km

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

Of the 156 projects the radar draws within 6 km — every kind, every stage — 98 are plotted projects still under way. This list keeps only those, and looks further out.

41 projects within 1 km — showing the nearest 6.

10 m awayPlotted Development

SHREE VINAYAK AANAND LAKEVIEW

HAPPY NEST ASSOCIATES · Indore · Dr. Ambedkar Nagar

Jul 2023registered
May 2027target completion
Declared cost₹6.53 CrScale533 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

SHUBH CITY

SHREE VISHAL CONSTRUCTION · Indore · Dr. Ambedkar Nagar

Aug 2023registered
May 2026target completion
Declared cost₹8.31 CrScale196 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

SHREE VISHAL VIHAR

SHREE VISHAL CONSTRUCTION · Indore · Dr. Ambedkar Nagar

Aug 2023registered
May 2026target completion
Declared cost₹4.85 CrScale140 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

SHREE BALAJI VIHAR - EXT.

T.A INFRASTRUCTURE · Indore · Dr. Ambedkar Nagar

Oct 2023registered
May 2026target completion
Declared cost₹6.31 CrScale150 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

SHRI RAM VIHAR

SHRI RAM CREATIONS (PROPRIETOR MAYANK PATHAK) · Indore · Dr. Ambedkar Nagar

May 2024registered
Dec 2027target completion
Declared cost₹6.04 CrScale142 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

GALAXY GREENS

PARYAV REAL ESTATE PVT LTD · Indore · Dr. Ambedkar Nagar

Jul 2024registered
Feb 2028target completion
Declared cost₹6.41 CrScale60 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.