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PAKIZA KAINAT

P-IND-17-083 · RERA Madhya Pradesh · https://gethorizon.in/projects/pakiza-kainat-juni-indore-d6j5yahe

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PAKIZA KAINAT
Units
33 flats
Unit mix
33 × 1
Revised completion
15 May 2021extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
18 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedAug 2016
RERA registeredAug 2017
Proposed completionAug 2020
TodaySep 2026

Find your unit

Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.

33 units across 1 batch
TypeArea sq mCount
133

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

I.P. REAL ESTATE

Partnership Firm / LLPPromoter type
1Projects
1City
2017–2020Active
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
Juni Indore
Planning area
Indore
Address
zONE-10 KHAJRANA KHASARA nO. 336/2/1/MEEN2 INDORE
What’s nearby
Schools2 schools within 500m · 5 educational institutions within 1km · College or university 551m away
HealthcareHospital 322m away · 58 clinics within 1km · Pharmacy within 500m
LifestylePark 1.5km away · 31+ restaurants and cafes within 1km
ShoppingSupermarket 428m away · Mall 659m away · Convenience store within 1km
Getting around
Expressway 3.7 kmPrimary road 135 m · MR10Railway line 3.9 kmRailway station 4.4km away (Lakshmibai Nagar)4 bus stops within 500m
Price analysisdeclared build cost — not a sale price

₹5.41 Cr declared to build 33 flats. What that works out to:

₹16.39 Lakhdeclared cost per flatall-in — land + construction
8%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.

₹19,231per sq yd
₹23,000per sq m
Which rate
multi-storey residential
Matched to
The rate published for “GANGADEVI NAGAR”, 180 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

POONAM PALACE / SHREERAM NAGAR₹25,000 / sq m₹20,903 / sq yd190 m
BHAGYA SHREE NAGAR₹20,000 / sq m₹16,723 / sq yd190 m
SUMAN NAGAR₹18,000 / sq m₹15,050 / sq yd210 m
N.R.K. BUISNESS PARK (MR-10 ROAD PAR₹85,000 / sq m₹71,071 / sq yd210 m
GRAM KHAJRANA, METRO TOWER, P.U.-4 SE LAGI BHUMI₹31,680 / sq m₹26,489 / sq yd210 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.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permit

The promised possession date (15 Aug 2020) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

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. 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

07

Other projects nearby

The register · within 25 km

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

Of the 610 projects the radar draws within 6 km — every kind, every stage — 64 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

990 m awayApartment

URBAN SHIVASHISH

URBAN SHIVASHISH · Indore · Juni Indore

Sep 2025registered
Apr 2028target completion
Declared cost₹16.58 CrScale18 flatsAuthorityRERA 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.