SanwerApartment
LANDMARK
NIRVANA REALITY
Dec 2024registered
Apr 2027target completion
Declared cost₹30.13 CrScale28 flatsAuthorityRERA Madhya Pradesh
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Detailed ReportMOUNTAIN VIEW
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
TodaySep 2026
02
Builder’s track record
RERA Madhya Pradesh · Builder registrationSAINATH 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 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.
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 SAINATH BUILDERS AND DEVELOPERS— the full portfolio →
03
Location & price analysis
RERA Madhya Pradesh · Registration filing- This project
- 28 new projects last year
- 173 nearby projects
- 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 assessmentPrice 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 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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹16,723per sq yd
₹20,000per sq m
- Which rate
- multi-storey residential
- Matched to
- The middle rate of the 113 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
| REVTI HILLS (REVTI) (S.R. SANWER) | ₹16,000 / sq m | ₹13,378 / sq yd | 200 m |
|---|---|---|---|
| D.C.N.P.L.HILLS VISTA (REVATI) S.R.SANWER | ₹30,000 / sq m | ₹25,084 / sq yd | 270 m |
| SANSKRITI SMART CITY (REVATI) | ₹23,000 / sq m | ₹19,231 / sq yd | 290 m |
| LOTUS PARK (JAKHYA) | ₹23,000 / sq m | ₹19,231 / sq yd | 330 m |
| MOUNTAIN VIEW (DIVYA VIHAR) (JAKHYA) | ₹20,000 / sq m | ₹16,723 / sq yd | 340 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 planBuilding 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
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
Sanwer
Town & Country Planning area · Indore districtHas approved 164 RERA projects — 3.1% of Madhya Pradesh.
a plotted-layout market — 18% 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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints register
Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Madhya Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km117 residential and mixed-use projects still under way within 25 km. Step out ring by ring:
Of the 173 projects the radar draws within 6 km — every kind, every stage — 17 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.
3 projects within 1 km — showing the nearest 3.
IndoreApartment
SIDDHANTA NIKETAN
MARS DEVELOPERS
Dec 2025registered
Feb 2028target completion
Declared cost₹33.04 CrScale15 flatsAuthorityRERA Madhya Pradesh
SanwerApartment
MANGALA DESIRE
MANGLA CONSTRUCTION
Sep 2025registered
Aug 2027target completion
Declared cost₹4.36 CrScale2 flatsAuthorityRERA Madhya Pradesh
Projects within 25 km, 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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
- 02Builder's track record
- RERA Madhya Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Madhya Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- MP Department of Registration & Stamps.
- 05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/mountain-view-sanwer-sawer-yuxrui04.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.