HORIZONMarkets
01

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
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

NRK DEVELOPERS

Partnership Firm / LLPPromoter type
3Projects
3Cities
2021–presentActive
Timelineevery project, start → promised completion
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 promoter 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 promoter, 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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
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 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

Indore

Town & Country Planning (DTCP)
Building Permitapproved 20 Aug 2025 · 11 mo ago
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.

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.

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.