HORIZONMarkets
01

Complete project overview

RAJ-RERA · Registration filing
Land area
6,831 sq m
Completion deadline extended
2 extensions on record — latest to 31 Oct 2022declared reason: force majeure
Description
Since the property situated at Plot No. 01, Kuber Complex Scheme, Gandhi Path, Vaishali Nagar, Jaipur, on which the promoter is planning to develop and construct the project "Mall of Jaipur", was auctioned in favour of the promoter by Jaipur Development Authority and as per Point 11 of Auction Terms & Conditions of the said property (Copy attached under head "Project Approval Document" of "Documents Tab"), the promoter is not required to get the maps approved before starting the construction on the said property and is required to submit an Affidavit in this regard to the concerned authorities (Copy of Affidavit also attached under head Project Approval Document" of "Documents Tab"). The Promoter has complied with the conditions mentioned in the Point 11 of Auction Terms & Conditions of the said property and the related documents have been duly uploaded in the RERA Application under the tab "Documents". Also, even though the promoter is not required to get the maps approved as per point 11 of Auction Terms & Conditions, the promoter has applied for the maps approval, copy of which is also attached under head "Project Approval Document" of "Documents Tab". Further, as per Pt. No. 5 of Circular No. क्रमांक प.18(25) नविवि/सामान्य/2014 dated 27.06.2017 and Pt. No. 2 of Circular No. क्रमांक प.10(7) नविवि/3/2009 पार्ट-III dated 22.06.2017 issued by Urban Development & Housing Department (Copy of the same attached under head Project Approval Document" of "Documents Tab") regarding Fire NOC & EC respectively, at the construction stage, instead of submitting Fire NOC and EC, the promoter is only required to submit an Affidavit in this regard (Copy of the same attached under head Project Approval Document" of "Documents Tab"). However, the promoter has applied for both Fire NOC & EC, the applications of which are also attached under “Documents” tab. Contractor details, Encumbrances updated on portal on 27.01.2020. Promoter details updated 28.01.2020. Promoter has obtained the permanent FIRE noc.

Timeline

Construction startAug 2017
RERA registeredSep 2017
Proposed completionOct 2020
TodayJul 2026
02

Builder’s track record

RAJ-RERA · Promoter registration

PALAK BUILDVISION LLP

OrganisationPromoter type
Jaipur, RajasthanBased in
1Projects
1City
2017–2020Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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

RAJ-RERA · Registration filing
Address
PLOT NO. 1, KUBER COMPLEX SCHEME, GANDHI PATH, VAISHALI NAGAR, Jaipur, Jaipur, 302021
Taluka
Jaipur
District
Jaipur
Pincode
302021
What’s nearby
Schools1 school within 1km · College or university 1.2km away · Library 1.2km away
HealthcareHospital 63m away · 9 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 151m away · 17+ restaurants and cafes within 1km
ShoppingSupermarket 238m away · Mall 632m away · Bank 513m away
Getting around
Expressway 896 m · FlyoverPrimary road 3.2 kmRailway line 3.0 kmMetro station 3.2km away (Manasarovar)Bus stop within 500m
Water & environment
Water body 77 m · Fountain RD
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹203.96 Cr declared. What that works out to:

31%of the cost is land

This is what the promoter 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

Planning authority

RAJ-RERA · Approved building plan
Building Permitapproved 14 Sep 2017 · 8 yrs ago

The promised possession date (31 Oct 2020) 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

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

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 — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.