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Detailed Report

PALASH PARISAR PHASE-III

P-IND-21-2911 · RERA Madhya Pradesh · https://gethorizon.in/projects/palash-parisar-phase-iii-juni-indore-pexqn8mf

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PALASH PARISAR PHASE-III
Units
102 flats
Unit mix
72 × Lig · 14 × Mig · 12 × Plot · 4 × Shop
Quarterly reports
21 on file · latest Jan 2021 - Mar 2021quarterly progress certificates filed with RERA

Timeline

Project startedJun 2019
RERA registeredOct 2021
Proposed completionMay 2026
TodaySep 2026

Find your unit

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

102 units across 4 batches
TypeArea sq mCount
Lig72
Mig14
Plot12
Shop4

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

INDORE MUNICIPAL CORPORATION

Government/Semi Government AgencyPromoter type
12Projects
2Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
14,099 homes · 12 plotson the public record across 12 projects
₹1192.53 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 INDORE MUNICIPAL CORPORATION— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 19 new projects last year
  • 165 nearby projects
exact address · geocoded from the filed address · 22.7745, 75.9368 · © OpenStreetMap contributors
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Survey No. 903 & 911 , Village Nihalpurmundi, Palash Hills, Near Omaxe City, Indore
What’s nearby
SchoolsNo schools within 2km · College or university 478m away
HealthcareHospital 1.7km away · Clinic within 2km
LifestylePark 1.6km away
ShoppingNo supermarket within 2km · Mall 1.0km away
Getting around
Expressway 128 mPrimary road 2.9 km · Ring RoadRailway line 4.2 km · DWX - INDB Rail SectionRailway station 4.6km away (Mangliyagaon)Limited bus connectivity nearby
Water & environment
Water body 2.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.03 Cr declared to build 102 flats. What that works out to:

₹9.83 Lakhdeclared cost per flatall-in — land + construction

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.

₹35,117per sq yd
₹42,000per sq m
Which rate
multi-storey residential
Matched to
The rate published for “OMAX CITY (MAYAKHEDI)”, 130 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

A-N.S.C. FORTUNE CITY (NIPANIA)₹28,000 / sq m₹23,412 / sq yd160 m
BCM FIRST WORLD FACE 2 (GRAM NIPANIYA)₹50,000 / sq m₹41,806 / sq yd270 m
SKYE LAXURIA-11 (MAYAKHEDI)₹24,000 / sq m₹20,067 / sq yd300 m
SKYE MR-11₹25,000 / sq m₹20,903 / sq yd330 m
SINGAPURE GOLD CITY₹44,000 / sq m₹36,790 / sq yd340 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 Permitapproved 4 Oct 2021 · 4 yrs ago

The promised possession date (31 May 2026) 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

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

Of the 165 projects the radar draws within 6 km — every kind, every stage — 25 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

820 m awayApartment

JRK RESIDENCY

JITENDRA AGRAWAL · Indore · Juni Indore

Nov 2023registered
Apr 2027target completion
possession revisedDeclared cost₹7.11 CrScale80 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.

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 exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • 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/palash-parisar-phase-iii-juni-indore-pexqn8mf.

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.