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PADMA LAKSHMI VIHAR

P-OTH-26-6184 · RERA Madhya Pradesh · https://gethorizon.in/projects/padma-lakshmi-vihar-rau-5ftc0mpp

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PADMA LAKSHMI VIHAR
Plots
27 plots

Timeline

Project startedSep 2025
RERA registeredJan 2026
Proposed completionSep 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE PADMA LAKSHMI REALTIES LLP

Partnership Firm / LLPPromoter type
1Projects
1City
2026–presentActive
Timelineevery project, start → promised completion

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.

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.

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 yd530 m
EASY HOME STAY (PANDA)₹14,000 / sq m₹11,706 / sq yd810 m
DIVYA GREENS (PANDA)₹12,000 / sq m₹10,034 / sq yd810 m
MEERA VALLEY (PANDA)₹14,000 / sq m₹11,706 / sq yd1.1 km
CHAYAN FORM (PANDA)₹8,000 / sq m₹6,689 / sq yd1.1 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.
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.

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.

6 projects within 1 km — showing the nearest 6.

10 m awayPlotted Development

RAS LAXMI-II

HIMADRI INFRASTRUCTURE PVT.LTD · Indore · Rau

Oct 2024registered
Apr 2027target completion
Declared cost₹2.06 CrScale41 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

RAS ENCLAVE

HIMADRI INFRASTRUCTURE PVT.LTD · Indore · Rau

Oct 2024registered
Mar 2027target completion
Declared cost₹4.22 CrScale43 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

RAS LAXMI-III

HIMADRI INFRASTRUCTURE PVT.LTD · Indore · Rau

Dec 2024registered
Apr 2027target completion
Declared cost₹2.11 CrScale56 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

PARAS CITY

GYANDEEP BUILDCON PRIVATE LIMITED · Indore · Rau

Feb 2025registered
Oct 2026target completion
Declared cost₹1.89 CrScale43 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

PREM VIHAR COLONY

SHIVANSH DEVELOPERS · Indore · Rau

Mar 2025registered
Aug 2027target completion
Declared cost₹2.96 CrScale37 plotsAuthorityRERA Madhya Pradesh
10 m awayPlotted Development

EASY HOME STAY

EASY INFOTECH · Juni Indore

Mar 2025registered
Mar 2027target completion
Declared cost₹5.44 CrScale21 plotsAuthorityRERA Madhya Pradesh

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.