HORIZONMarkets
01

Complete project overview

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

Timeline

Project startedSep 2023
RERA registeredNov 2024
Proposed completionSep 2026
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

NILAY DAGA

IndividualPromoter type
2Projects
1City
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
138 plotson the public record across 2 projects
₹333868.83 Crdeclared build cost

Build cost is what the promoter 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.

Every project Horizon has read from this promoter, 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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Betul
Tehsil
Betul
Planning area
Betul
Address
Moksha Residency Phase-2, Village- Batama, Tehsil and District-Betul, MP
Price analysisdeclared build cost — not a sale price

₹2.76 Cr declared to build 30 plots. What that works out to:

₹9.19 Lakhdeclared cost per plotall-in — land + construction
68%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

RERA Madhya Pradesh · Approved building plan

Betul

Town & Country Planning (DTCP)
Layout Permitapproved 6 Nov 2024 · 1 yr ago
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.

The approving body, at scale

Betul

Town & Country Planning area · Betul district

Has approved 37 RERA projects0.7% of Madhya Pradesh.

a mixed market38% apartments · 62% plotted layouts.

Builders
33
On record
471 flats · 2,068 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 38% 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.

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.