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Detailed Report

PALAK VIHAR - II

P-BPL-18-1794 · RERA Madhya Pradesh · https://gethorizon.in/projects/palak-vihar-ii-bhopal-huzur-n3yfxxb2

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PALAK VIHAR - II
Units
78 flats
Unit mix
78 × Duplex
Revised completion
4 Nov 2021extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
18 on file · latest Jan 2018 - Mar 2018quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2018
RERA registeredMay 2018
Proposed completionFeb 2021
TodaySep 2026

Find your unit

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

78 units across 1 batch
TypeArea sq mCount
Duplex78

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

M/S PALAK CONSTRUCTION COMPANY

Proprietorship FirmPromoter type
3Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
98 homes · 23 plotson the public record across 3 projects
₹29.14 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.

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.

More from M/S PALAK CONSTRUCTION COMPANY— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
≈ area only · geocoded, verified but not exact · 23.2361, 77.5060 · © OpenStreetMap contributors
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
GRAM- KHAJURI KALAN, TEHSIL-HUZUR, KHASRA NO. 445/4, 445/5, 445/7/1, 445/7, 445/1, 445/3, 444/2, 444/3, 444/6/2, 445/2, 444/5, 445/3
What’s nearby
SchoolsNo schools within 2km · College or university 1.4km away
HealthcareHospital 1.0km away
LifestylePark 612m away
ShoppingNo supermarket within 2km
Getting around
Expressway 573 m · Bhopal Bypass RoadPrimary road 1.6 km · Raisen RoadRailway line 4.3 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹19.20 Cr declared to build 78 flats. What that works out to:

₹24.62 Lakhdeclared cost per flatall-in — land + construction
46%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.

₹23,412per sq yd
₹28,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 101 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

SAI SPARSH-2/ SONPURA/ GURUDEEP NAGAR₹30,000 / sq m₹25,084 / sq yd300 m
KHAJURI KHURD KI SABHI COLONY₹28,000 / sq m₹23,412 / sq yd400 m
SHIV LOK GREEN / SHIV LOK KE SABHI SECTOR₹42,000 / sq m₹35,117 / sq yd430 m
ANADI VILLA/ NANDI VILA PHASE-1,2₹52,000 / sq m₹43,479 / sq yd440 m
SARLA HOMES₹28,000 / sq m₹23,412 / sq yd570 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 locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Bhopal

Town & Country Planning (DTCP)
Building Permit

The promised possession date (4 Feb 2021) 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

Bhopal

Town & Country Planning area · Bhopal district

Has approved 726 RERA projectsabout 1 in 7 in Madhya Pradesh.

a mixed market63% apartments · 37% plotted layouts.

Builders
444
On record
45,421 flats · 32,913.65 plots
Reach
2 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 63% apartments here vs 28% statewide.

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

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

6 projects within 1 km — showing the nearest 6.

BhopalIndividual houses

REGAL DEEP

MS REGAL SAMARTH INFRASTRUCTURE COMPANY

Aug 2022registered
May 2026target completion
possession revisedDeclared cost₹2,000Scale85 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

REGAL MUSKAN

MS K L SHARMA AND RUKMANI SHARMA

Mar 2025registered
Oct 2027target completion
Declared cost₹27.49 CrScale23 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

CRYSTAL IDEAL CITY PHASE-6

AMBIKA MULTIVENTURES PRIVATE LIMITED

Sep 2025registered
May 2028target completion
Declared cost₹11.90 CrScale12 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

REGAL ROYAL GARDEN

K.L. SHARMA

Apr 2025registered
Nov 2027target completion
Declared cost₹56.56 CrScale42 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

CONSTRUCTION OF 147 HOUSES PHASE-II AT KHAJURI KALAN BHOPAL

M. P. HOUSING & INFRASTRUCTURE DEVELOPMENT BOARD THROUGH DIVISION 4, BHOPAL

Jan 2025registered
Aug 2027target completion
Declared cost₹71.61 CrScale4 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

REGAL KALASH PHASE-III

MS REGAL SAMARTH INFRASTRUCTURE COMPANY

Feb 2022registered
Aug 2026target completion
possession revisedDeclared cost₹5,000Scale131 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 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.
  3. 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 general area only, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 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/palak-vihar-ii-bhopal-huzur-n3yfxxb2.

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.