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Detailed Report

Panthniwas Shantiniketan Phase V

WBRERA/P/BIR/2025/003457 · WBRERA · https://gethorizon.in/projects/panthniwas-shantiniketan-phase-v-illambazar-4nmyw6o3

01

Complete project overview

WBRERA · Registration filing
Apartments
56
Land area
5,949 sq m
Built-up area
2,617 sq m
Carpet area
1,472 sq m
Parking
36 spaces
RERA registered
2025

Timeline

RERA registeredJan 2025
Proposed completionMar 2026
TodaySep 2026
02

Builder’s track record

WBRERA · Builder registration

Sree Balaji

Proprietorship FirmPromoter type
Kolkata, West BengalBased in
3Projects
2Cities
2023–2026Active
Timelineevery project, start → promised completion
Panthaniwas Dooars Phase - IIIPanthaniwas Dooars Phase IVPanthniwas Shantiniketan Phase V

Panthniwas Shantiniketan Phase V

this project
Residential
Jan 2025registered
Mar 2026target completion
56 flats2,617 sq m
Builder DNAthe whole portfolio, summed
280 homeson the public record across 3 projects
9,814 sq mbuilt-up filed
12,788 sq mland declared

These are sums of what the builder has put on the public record across their projects — a sense of how big a builder this is, 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 Sree Balaji— the full portfolio →

03

Location

WBRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 1 nearby projects
1 km radius · coordinates as filed · 23.6390, 87.6160 · © OpenStreetMap contributors
District
Birbhum
Municipality / area
Illambazar
Police station
Illambazar PS
Address
Mouza- Kamarpara, J.L. No.-131, Dag No. -605/1147,606,607, L.R.Khatian No.-827,1094,1150,1213. Post office-Darandha, Police Station-Illambazar,GP-Illambazar, Sub Registry Office-Bolpur, Dist-Birbhum GP-Illambazar, Sub Registry Office-Bolpur, Dist-Birbhum
Pincode
735206
What’s nearby
SchoolsNo schools within 2km · College or university 1.2km away
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 230 m · Bolpur - Sriniketan RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 2.5 kmRiver 4.2 km · Ajay
distances only — not a flood assessment
04

Government Guidance Rate

West Bengal registration department

In West Bengal it’s called the market value — the registration directorate's figure, not a sale price.

No government guidance rate is shown for this project.

West Bengal's government guidance rates aren't in Horizon's record yet.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

WBRERA · Approved building plan

Gram Panchayat

Gram Panchayat
Building Permit

The promised possession date (31 Mar 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

Gram Panchayat

A village-level local body that approves where there's no municipality. It has approved 203 RERA projects across 16 districts — about 1 in 12 in West Bengal.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by WBRERA→

07

Other projects nearby

The register · within 25 km

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

Of the 1 projects the radar draws within 6 km — every kind, every stage — 1 is a residential project still under way. This list keeps only those, and looks further out.

1 project between 3 and 6 km — showing the nearest 1.

6.0 km awayResidential

MUKTADHARA

PUNA ROY · Illambazar

Jan 2025registered
Jul 2028target completion
Scale124 flatsAuthorityWBRERA
Open the read

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.
  • Construction progress — WBRERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — WBRERA does not publish a complaints register. This read cannot speak to them either way.
  • Escrow — WBRERA does not publish escrow declarations. Whether buyer money is ring-fenced cannot be read here.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with WBRERA, as the builder submitted it.
  2. 02Builder's track record
    • WBRERA: 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
    • Address and pincode: the WBRERA filing.
    • Coordinates: as filed with WBRERA.
    • 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
    • No government guidance rate could be matched to this project from West Bengal's published schedules.
  5. 05Planning authority
    • WBRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • WBRERA'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/panthniwas-shantiniketan-phase-v-illambazar-4nmyw6o3.

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.