HORIZON
Share

NAKODA INDUSTRIAL PARK

P-IND-26-6385 · RERA Madhya Pradesh · https://gethorizon.in/projects/nakoda-industrial-park-indore-malharganj-hpq0nb37

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
NAKODA INDUSTRIAL PARK
Plots
17 plots

Timeline

Project startedOct 2025
RERA registeredMar 2026
Proposed completionSep 2030
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE NAKODA DEVELOPERS

Partnership Firm / LLPPromoter type
5Projects
5Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
154 homes · 1,196 plotson the public record across 5 projects
9,987 sq mbuilt-up filed
479 sq mland declared
₹31.52 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 SHREE NAKODA DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
Land Khasra no. 95/1, 95/2, 95/3, 96/1, 96/2 and 96/3 admeasuring total land area 1.719 hectares (Net Scheme Area 1.708 Hectors) situated at Village Tigaria Badshah, Tehsil Malharganj and District Indore (MP)
What’s nearby
Schools1 school within 500m
HealthcareHospital 1.9km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 1.6 km · Super CorridorRailway line 1.4 kmMetro station 1.5km away (Veerangana Jhalkari Bai)Limited bus connectivity nearby
Water & environment
Water body 436 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.55 Cr declared to build 17 plots. What that works out to:

₹50.27 Lakhdeclared cost per plotall-in — land + construction
59%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.

₹12,542per sq yd
₹15,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 106 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

SINGAPUR KISHAN PARK₹15,000 / sq m₹12,542 / sq yd180 m
TANISHQUE H.B RESIDENCY/VIBRENT KRISHNAYAN CORRIDOR₹25,000 / sq m₹20,903 / sq yd370 m
I.C.G. GOLKUNDA (TIGRIYA BADSHAH)₹35,000 / sq m₹29,264 / sq yd460 m
SWAROOP GOLD CITY (TIGARIYA BADSHAH)₹15,000 / sq m₹12,542 / sq yd540 m
SCHEME 166 MUKHYA MARG SE ANDAER (TIGRIYA BADSHAH)₹23,000 / sq m₹19,231 / sq yd740 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

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 31 Mar 2026 · 6 mo ago
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

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Your plotted layout is this body's core business.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

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 25 km

658 plotted projects still under way within 25 km. Step out ring by ring:

1 project within 1 km — showing the nearest 1.

IndorePlotted Development

KING ESTATE MAHARAJA

M/S SARTHAK REAL BUILT PVT. LTD.

Jun 2025registered
Feb 2028target completion
Declared cost₹11.88 CrScale3 plotsAuthorityRERA 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.