HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Revised completion
21 Jul 2023extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA

Timeline

Project startedApr 2019
RERA registeredOct 2019
Proposed completionOct 2022
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SAINATH BUILDERS AND DEVELOPERS

Partnership Firm / LLPPromoter type
2Projects
2Cities
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
43 homeson the public record across 2 projects
3,479 sq mbuilt-up filed
1,035 sq mland declared
₹6.29 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
Indore
Tehsil
Sawer
Planning area
Sanwer
Address
Plot no. MR-10, Divya Vihar Colony, Ujjain Road Jhakhiya, Indore
What’s nearby
SchoolsNearest school 1.3km away · College or university 629m away
HealthcareHospital 464m away · Clinic within 2km · Pharmacy within 500m
LifestylePark 1.8km away · Gym or sports centre 1.1km away
ShoppingNo supermarket within 2km · Convenience store within 500m · Bank 754m away
Getting around
Primary road 168 m · Ujjain RoadRailway line 3.0 kmMetro station 4.5km away (Veerangana Jhalkari Bai)Limited bus connectivity nearby
Water & environment
Water body 974 mRiver 4.0 km · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.29 Cr declared. What that works out to:

30%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

Sanwer

Town & Country Planning (DTCP)
Building Permit

The promised possession date (21 Oct 2022) 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.

The approving body, at scale

Sanwer

Town & Country Planning area · Indore district

Has approved 164 RERA projects3.1% of Madhya Pradesh.

a plotted-layout market18% apartments · 82% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
118
On record
1,450 flats · 21,438 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 82% 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.

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.