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NIRVANAA S ROYAL RESIDENCY

P-IND-26-6542 · RERA Madhya Pradesh · https://gethorizon.in/projects/nirvanaa-s-royal-residency-indore-malharganj-fsdpp05v

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
NIRVANAA S ROYAL RESIDENCY
Plots
45 plots

Timeline

Project startedDec 2025
RERA registeredJun 2026
Proposed completionDec 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

PRINCE DEVELOPERS

Partnership Firm / LLPPromoter type
3Projects
3Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
22 homes · 45 plotson the public record across 3 projects
963 sq mbuilt-up filed
1,251 sq mland declared
₹19.93 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
Belagavi Urban Development AuthorityUrban Development Authority1 of 2 projects
IndoreTown & Country Planning (DTCP)this project1 of 2 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 PRINCE DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Malharganj
Planning area
Indore
Address
Khasra No. 76/3/1, 76/3/2, 76/3/3, 76/3/5, 76/3/6, 77/1 & 77/2 at Village Kabirkhedi, Tehsil Malharganj, Indore (M.P)
What’s nearby
Schools1 school within 1km
HealthcareHospital 806m away · 9 clinics within 1km · Pharmacy within 500m
Lifestyle1 park within 500m
ShoppingSupermarket 1.0km away
Getting around
Primary road 991 m · MR10Railway line 1.9 km · DWX - INDB Rail SectionRailway station 3.5km away (Lakshmibai Nagar)Limited bus connectivity nearby
Water & environment
Water body 261 mRiver 418 m · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹17.22 Cr declared to build 45 plots. What that works out to:

₹38.27 Lakhdeclared cost per plotall-in — land + construction
75%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.

₹23,412per sq yd
₹28,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 263 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

SHREE SWASTIK SHANTI VIHAR₹25,000 / sq m₹20,903 / sq yd230 m
KABIT KHEDI GRAMIN₹23,400 / sq m₹19,565 / sq yd240 m
SIDDHI VINAYAK COLONY₹18,000 / sq m₹15,050 / sq yd360 m
SELENE BY MICROMITTI₹65,000 / sq m₹54,348 / sq yd370 m
LAAHIYA COLONY / SHARADA NAGAR₹15,000 / sq m₹12,542 / sq yd380 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 3 Jun 2026 · 3 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

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

5 projects between 1 and 3 km — showing the nearest 5.

SanwerPlotted Development

SHRI JAGDEESHWAR DHAM

RISHABH DEVELOPERS

May 2024registered
Aug 2026target completion
Declared cost₹21.45 CrScale24 plotsAuthorityRERA Madhya Pradesh
SanwerPlotted Development

TULIP PARK

VIJAY BABULAL JAIN REAL ESTATES

Jun 2024registered
Jun 2026target completion
Declared cost₹7.43 CrScale26 plotsAuthorityRERA Madhya Pradesh
IndorePlotted Development

SHANTI PLATINUM

BALAJI REAL ESTATE

Oct 2024registered
Mar 2027target completion
Declared cost₹17.25 CrScale80 plotsAuthorityRERA Madhya Pradesh
IndorePlotted Development

PARVATI VIHAR

PREMNARAYAN BAGWALA

Mar 2025registered
Jul 2027target completion
Declared cost₹11.58 CrScale76 plotsAuthorityRERA Madhya Pradesh
IndorePlotted Development

RAS GREEN COLONY PHASE 2

AEGIS CONSULTANTS AND COUNSELORS LLP

May 2026registered
Jan 2030target completion
Declared cost₹40.11 LakhScale14 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.