The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Rau
Planning area
Other
Address
Khasra Number 201/1/2, 201/1/3/1 Village Panda Tehsil Rau, District Indore, M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.7 km · Mhow BypassPrimary road 1.6 km · Dr. Ambedkar Nagar - Indore RoadRailway line 2.1 km · Mhow IndoreRailway station 3.5km away (Haranyakheri)Limited bus connectivity nearby
Water & environment
Canal 502 mWater body 1.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹4.88 Cr declared to build 27 plots. What that works out to:
₹18.06 Lakhdeclared cost per plotall-in — land + construction
42%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.
Location & price analysis — done
04
Government Guidance Rate
MP Department of Registration & Stamps
In Madhya Pradesh it’s called the collector guideline rate.
₹6,271per sq yd
₹7,500per sq m
Which rate
open plot, residential
Matched to
The rate published for “PANDA”, 350 m from this project.
In force
2026-2027 schedule · effective Apr 2026
Colonies around this project
SURYA TOWN (PANDA)
₹12,000 / sq m
₹10,034 / sq yd
530 m
EASY HOME STAY (PANDA)
₹14,000 / sq m
₹11,706 / sq yd
810 m
DIVYA GREENS (PANDA)
₹12,000 / sq m
₹10,034 / sq yd
810 m
MEERA VALLEY (PANDA)
₹14,000 / sq m
₹11,706 / sq yd
1.1 km
CHAYAN FORM (PANDA)
₹8,000 / sq m
₹6,689 / sq yd
1.1 km
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.
Government Guidance Rate — done
05
Planning authority
RERA Madhya Pradesh · Approved building plan
Layout Permitapproved 9 Jan 2026 · 8 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.
Planning authority — done
06
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.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
529 plotted projects still under way within 25 km. Step out ring by ring:
Of the 65 projects the radar draws within 6 km — every kind, every stage — 41 are plotted projects still under way. This list keeps only those, and looks further out.