HORIZONMarkets

Timeline

RERA registeredSep 2017
Proposed completionJul 2018
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

NEW PARASIA ASSOCIATES

Partnership Firm / LLPPromoter type
1Projects
1City
2017–2018Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Chhindwara
Tehsil
Parasia
Planning area
Other
Address
KH.NO.34/2 & 38, B.NO.104,PH.N.15,RNM PARASIA,GRAM KHIRSADOH MALL, TEH-PARASIA, CHHINDWARA,M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 434m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 340 mRailway line 822 mRailway station 1.4km away (Parasia)Limited bus connectivity nearby
Water & environment
Water body 3.3 kmRiver 3.4 km · Dohania
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.89 Cr declared. What that works out to:

5%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
Building Permitapproved 8 Sep 2017 · 8 yrs ago

The promised possession date (1 Jul 2018) 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.

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.