Is NRK FUTUREX registered under RERA?

Yes. NRK FUTUREX by NRK DEVELOPERS is on the public record with RERA Madhya Pradesh under RERA registration number P-IND-25-5884.

When is NRK FUTUREX due for possession?

The promised completion date on file with RERA Madhya Pradesh is March 2028. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of NRK FUTUREX?

NRK FUTUREX is filed by NRK DEVELOPERS (Partnership Firm / LLP), per its RERA Madhya Pradesh registration.

Which authority approved NRK FUTUREX?

The building permit for NRK FUTUREX was approved by Indore. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of NRK FUTUREX?

The declared project cost on record (land plus construction) is ₹43.87 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is NRK FUTUREX located?

NRK FUTUREX is located in Indore, Malharganj, Madhya Pradesh, as filed with RERA Madhya Pradesh.

NRK FUTUREX RERA, Malharganj, Madhya Pradesh — the public record

Name: NRK FUTUREX — public record
Creator: RERA Madhya Pradesh

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Detailed Report

NRK FUTUREX

P-IND-25-5884 · RERA Madhya Pradesh · https://gethorizon.in/projects/nrk-futurex-indore-malharganj-3n8c246c

Complete project overview

RERA Madhya Pradesh · Registration filing

Units: 10 flats
Quarterly reports: 4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedApr 2025

RERA registeredAug 2025

Proposed completionMar 2028

TodaySep 2026

Builder’s track record

RERA Madhya Pradesh · Builder registration

NRK DEVELOPERS

Partnership Firm / LLPPromoter type

3Projects

3Cities

2021–presentActive

Timelineevery project, start → promised completion

Z+ RESIDENCYNRK LUXENRK FUTUREX

NRK FUTUREX

this project

Apartment

Apr 2025started

Mar 2028target completion

10 flats₹43.87 Cr

Builder DNAthe whole portfolio, summed

61 homeson the public record across 3 projects

2,289 sq mbuilt-up filed

941 sq mland declared

₹108.38 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

IndoreTown & Country Planning (DTCP)this project2 of 3 projects

Others1 of 3 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.

Location & price analysis

RERA Madhya Pradesh · Registration filing

The Horizon Radar(within 6 km)

This project
31 new projects last year
269 nearby projects

exact address · geocoded from the filed address · 22.7665, 75.8683 · © OpenStreetMap contributors

District: Indore
Tehsil: Malharganj
Planning area: Indore
Address: Plot No. 28,Indore development authority scheme no.139(M R 10), Indore, m.p. in Village Indore,Tehsil Indore & District Indore

What’s nearby

SchoolsNearest school 1.1km away

HealthcareHospital 830m away · 1 clinic within 1km

LifestylePark 1.5km away

ShoppingSupermarket 819m away

Getting around

Primary road 171 m · MR10Railway line 1.3 km · DWX - INDB Rail SectionRailway station 2.6km away (Lakshmibai Nagar)Limited bus connectivity nearby

Water & environment

River 387 m · Kanh RiverWater body 1.0 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹43.87 Cr declared to build 10 flats. What that works out to:

₹4.39 Crdeclared 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.

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹25,084per sq yd

₹30,000per sq m

Which rate: multi-storey residential
Matched to: The rate published for “YOJANA 139 MR- 10 ME SUPER CORRIDOOR PRAYOJAN KE BHUKHAND”, 50 m from this project.
In force: 2026-2027 schedule · effective Apr 2026

Colonies around this project

YOJANA 139 (GAYTREE NAGAR )	₹27,280 / sq m	₹22,810 / sq yd	130 m
SERVICE TANK AVAM KAILASH PURI	₹19,800 / sq m	₹16,555 / sq yd	280 m
SCHEME 139 MUKHYA MARG SE LGA HUA( SUKHLIYA)	₹38,000 / sq m	₹31,773 / sq yd	310 m
JALBAD COLONY	₹12,000 / sq m	₹10,034 / sq yd	390 m
SAGAR VIHAR / HEERA NAGAR / SAI NATH PALACE	₹30,000 / sq m	₹25,084 / sq yd	410 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.

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)

Building Permitapproved 20 Aug 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

Indore

Town & Country Planning area · Indore district

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

a plotted-layout market — 34% 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→

Complaints & litigation

RERA Madhya Pradesh · public record

Complaints register

Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.

So there is nothing to count here — which is not the same as nothing having been filed.

What the builder declared

Declared to RERA Madhya Pradesh

Litigation: None declared in this filing

Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

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

Of the 269 projects the radar draws within 6 km — every kind, every stage — 41 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

390 m awayApartment

SHEKHAR METRO

SHEKHAR CONSTRUCTION · Indore · Malharganj

Mar 2026registered

Sep 2028target completion

Declared cost₹21.65 CrScale26 flatsAuthorityRERA Madhya Pradesh

Open the read

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.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
02Builder's track record
- RERA Madhya Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Madhya Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- MP Department of Registration & Stamps.
05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/nrk-futurex-indore-malharganj-3n8c246c.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.