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MANSAROVAR COLONY

P-VDS-18-1595 · RERA Madhya Pradesh · https://gethorizon.in/projects/mansarovar-colony-vidisha-5dpjku9f

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
MANSAROVAR COLONY
Units
36 flats
Unit mix
9 × 28.4x50.5 · 3 × 28.5x50.5 · 3 × 28.2x45.59 · 3 × 29x44 · 3 × 1267.5 · 3 × 1427.2
Revised completion
23 Dec 2021extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
31 on file · latest Jan 2018 - Mar 2018quarterly progress certificates filed with RERA

Timeline

Project startedJun 2014
RERA registeredJan 2018
Proposed completionMar 2021
TodaySep 2026

Find your unit

Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.

36 units across 10 batches
TypeArea sq mCount
28.5x50.53
28.4x50.59
28.2x45.593
29x443
1267.53
1427.23
13893
21x66.463
24.4x57.33
29.8x46.53

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

AAKAR BUILDERS

Partnership Firm / LLPPromoter type
6Projects
4Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
291 homeson the public record across 6 projects
19,740 sq mbuilt-up filed
12,230 sq mland declared
₹55.39 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
Rajkot Municipal CorporationMunicipal / Corporation2 of 5 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 5 projects
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 5 projects
VidishaTown & Country Planning (DTCP)this project1 of 5 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 AAKAR BUILDERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Vidisha
Tehsil
Vidisha
Planning area
Vidisha
Address
Agrawal Colony, Madhwana, Vidisha
What’s nearby
SchoolsNo schools within 2km · College or university 827m away
HealthcareHospital 424m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 436m away
Getting around
Expressway 181 m · Ater Bhind RoadPrimary road 2.1 kmRailway line 3.0 km · Birlanagar - Udi MorRailway station 2.0km away (Bhind)Limited bus connectivity nearby
Water & environment
Canal 376 mWater body 1.5 km · Gauri Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.00 Cr declared to build 36 flats. What that works out to:

₹11.11 Lakhdeclared cost per flatall-in — land + construction
21%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.

₹16,723per sq yd
₹20,000per sq m
Which rate
RCC construction
Matched to
The middle rate of the 219 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

Bamba Ka Kinara Kshetra (Ater Road Ke Piche )₹22,000 / sq m₹18,395 / sq yd70 m
Agrawal Colony₹20,500 / sq m₹17,141 / sq yd80 m
Bamba Wali Link Road (Ater Road Se Itawa Chungi Tak )₹22,000 / sq m₹18,395 / sq yd170 m
Santoshi Mata Mandir Ko Jane Wala Link Road₹38,000 / sq m₹31,773 / sq yd210 m
Govind Nagar₹19,000 / sq m₹15,886 / sq yd290 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

Vidisha

Town & Country Planning (DTCP)
Building Permit

The promised possession date (23 Mar 2021) 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

Vidisha

Town & Country Planning area · Vidisha district

Has approved 30 RERA projects0.6% of Madhya Pradesh.

a mixed market40% apartments · 60% plotted layouts.

Builders
22
On record
1,994 flats · 2,748 plots
Reach
4 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 40% apartments here vs 28% 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 Vidisha

One residential project still under way within Vidisha. The nearest 1:

VidishaIndividual houses

SHREE BALAJI PARADISE-PHASE 3

KALPANA DWELLINGS PVT LTD

May 2025registered
May 2027target completion
Declared cost₹46.29 CrScale216 flatsAuthorityRERA Madhya Pradesh

Projects within Vidisha, 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.