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NIDHI VAN

P-TRN-25-5485 · RERA Madhya Pradesh · https://gethorizon.in/projects/nidhi-van-tarana-jy15q6sj

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
25 plots
Quarterly reports
4 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedNov 2024
RERA registeredMar 2025
Proposed completionOct 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SWASTIK DEVELOPERS

Partnership Firm / LLPPromoter type
40Projects
23Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2,262 homes · 28 plotson the public record across 40 projects
1,36,830 sq mbuilt-up filed
52,691 sq mland declared
₹307.27 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.

Planning authoritiesthis builder's portfolio, by approving body
Ahmedabad Urban Development AuthorityUrban Development Authority4 of 26 projects
Ahmedabad Municipal CorporationMunicipal / Corporation3 of 26 projects
Others3 of 26 projects
Vadodara Municipal CorporationMunicipal / Corporation3 of 26 projects
Rajkot Municipal CorporationMunicipal / Corporation2 of 26 projects
Collector Of Raigad AlibaugCollector office1 of 26 projects
Gandhinagar Urban Development AuthorityUrban Development Authority1 of 26 projects
Guwahati Metropolitan Development AuthorityUrban Development Authority1 of 26 projects
KatniTown & Country Planning (DTCP)1 of 26 projects
Mira Bhayander Municipal CorporationMunicipal Corporation1 of 26 projects
Navi Mumbai Municipal CorporationMunicipal Corporation1 of 26 projects
Patan Area Development AuthorityUrban Development Authority1 of 26 projects
Patan MunicipalityMunicipal / Corporation1 of 26 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 26 projects
TaranaTown & Country Planning (DTCP)this project1 of 26 projects
Town Planning & Collector AlibaugCollector office1 of 26 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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 SWASTIK DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Ujjain
Tehsil
Tarana
Planning area
Tarana
Address
GRAM KHAKRIANJANA, TESHIL TARANA AND DISTRICT UJJAIN(M.P.)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 318m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 497 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 3.1 km · Chhoti Kali Sindh
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.16 Cr declared to build 25 plots. What that works out to:

₹8.64 Lakhdeclared cost per plotall-in — land + construction
4%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.

₹4,181per sq yd
₹5,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 192 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

JUMMA MASZID GALI₹4,500 / sq m₹3,763 / sq yd30 m
MAHATMA GANDHI MARG₹13,000 / sq m₹10,870 / sq yd40 m
KAJI CHOK/ KAJI GALI₹4,600 / sq m₹3,846 / sq yd80 m
FUNDSE PATH₹13,000 / sq m₹10,870 / sq yd80 m
SHUKLA GALI₹4,500 / sq m₹3,763 / sq yd80 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

Tarana

Town & Country Planning (DTCP)
Layout Permitapproved 3 Mar 2025 · 1 yr 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

Directorate of Town & Country Planning, Madhya Pradesh

Madhya Pradesh's statewide town-planning directorate, which declares the planning areas these projects are approved in. It has approved 4,529 RERA projects across 50 tehsils about 1 in 1 in Madhya Pradesh.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

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

3 projects within 10 km — showing the nearest 3.

TaranaPlotted Development

MAHALOK DEEPO

TARANA DEVELOPERS LLP

Jul 2024registered
Mar 2027target completion
Declared cost₹21.78 CrScale34 plotsAuthorityRERA Madhya Pradesh
TaranaPlotted Development

SHREE LAKSHMI GREENS

SUNSHINE GALAXY

Mar 2025registered
Oct 2027target completion
Declared cost₹2.84 CrScale54 plotsAuthorityRERA Madhya Pradesh
TaranaPlotted Development

SHREE RADHEY KRISHNA RESIDENCY

SHRI ANIL JAIN

Apr 2025registered
Mar 2028target completion
Declared cost₹6.82 CrScale25 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.