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NAVRATAN JAINA

P-IND-18-1683 · RERA Madhya Pradesh · https://gethorizon.in/projects/navratan-jaina-juni-indore-pf8sgk6q

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
NAVRATAN JAINA
Units
42 flats
Unit mix
18 × 2BHK · 12 × 3BHK · 12 × 5BHK
Quarterly reports
8 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedJan 2015
RERA registeredMar 2018
Proposed completionJun 2019
TodaySep 2026

Find your flat

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

42 units across 3 batches
TypeArea sq mCount
3BHK12
5BHK12
2BHK18

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

KARM ENTERPRISES

Partnership Firm / LLPPromoter type
1Projects
1City
2018–2019Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. 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
Juni Indore
Planning area
Indore
Address
12,BISCO PARK,10,PARK ROAD, INDORE
What’s nearby
Schools1 school within 500m · 5 educational institutions within 1km
HealthcareHospital 130m away · 20 clinics within 1km · Pharmacy within 500m
LifestylePark 1.2km away · Gym or sports centre 1.4km away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 704m away · Mall 1.0km away · Convenience store within 500m
Getting around
Expressway 3.5 kmPrimary road 2.6 kmRailway line 128 mRailway station 137m away (Indore Junction)4 bus stops within 500m
Water & environment
River 146 m · ganga river
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.10 Cr declared to build 42 flats. What that works out to:

₹21.66 Lakhdeclared cost per flatall-in — land + construction
32%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.

₹32,107per sq yd
₹38,400per sq m
Which rate
multi-storey residential
Matched to
The rate published for “YASHWANT PLAZA/ STATION KE SAMNE”, 90 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

FILM COLONY ANDER₹28,000 / sq m₹23,412 / sq yd140 m
JHABUA TOWER KE BAAD STATION TAK₹29,600 / sq m₹24,749 / sq yd150 m
RAILWAY POLICE RIJARVA LINE₹18,000 / sq m₹15,050 / sq yd180 m
MAHARANI ROAD GALI₹30,000 / sq m₹25,084 / sq yd230 m
JHABUA TOWER₹30,000 / sq m₹25,084 / sq yd260 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permitapproved 8 Mar 2018 · 8 yrs ago

The promised possession date (30 Jun 2019) 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

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. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

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

110 residential projects still under way within 25 km. Step out ring by ring:

Of the 617 projects the radar draws within 6 km — every kind, every stage — 51 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

810 m awayApartment

SMART ROYALE

SMART SPACE DEVELOPERS · Indore · Juni Indore

Feb 2024registered
Jun 2026target completion
Declared cost₹10.85 CrScale16 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.