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PARAS HEIGHTS - PHASE I

P-BPL-17-485 · RERA Madhya Pradesh · https://gethorizon.in/projects/paras-heights-phase-i-bhopal-huzur-194u9m66

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PARAS HEIGHTS - PHASE I
Units
120 flats
Unit mix
120 × Mig, Mig-2 And Hig
Quarterly reports
34 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedJan 2015
RERA registeredSep 2017
Proposed completionDec 2019
TodaySep 2026

Find your unit

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

120 units across 1 batch
TypeArea sq mCount
Mig, Mig-2 And Hig120

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

PARAS HOMES PRIVATE LIMITED

CompanyPromoter type
4Projects
1City
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
204 homes · 24 plotson the public record across 4 projects
₹2432210.00 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 PARAS HOMES PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
Khasra No 28/1/2/1/ख/2 and 28/1/2/1/ख/1, Phatwari Halka no 21, Village Bhanpur, Tehsil Huzur, Bhopal
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.9 kmPrimary road 3.8 kmRailway line 1.3 kmRailway station 2.5km away (Mandideep)Limited bus connectivity nearby
Water & environment
River 870 m · Ajmar
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹954300.00 Cr declared to build 120 flats. What that works out to:

₹7952.50 Crdeclared cost per flatall-in — land + construction
7%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.

₹19,649per sq yd
₹23,500per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 70 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

KOTARA₹15,000 / sq m₹12,542 / sq yd310 m
TAPATI INFRA , KOTARA₹15,000 / sq m₹12,542 / sq yd520 m
PIPALIYA RANI₹15,000 / sq m₹12,542 / sq yd780 m
HIMANSHU GREEN, KOTRA₹15,000 / sq m₹12,542 / sq yd790 m
CORAL MANGAL, KOTARA₹15,000 / sq m₹12,542 / sq yd890 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 Permitapproved 14 Sep 2017 · 9 yrs ago

The promised possession date (31 Dec 2019) 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

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

4 projects within 3 km — showing the nearest 4.

BhopalIndividual houses

TIRUPATI HOMES BY R C L BUILDCON PVT. LTD.

R C L BUILDCON PVT. LTD.

Jan 2024registered
Jun 2026target completion
Declared cost₹28.79 CrScale80 flatsAuthorityRERA Madhya Pradesh
BhopalApartment

LAVKUSH HEIGHTS

MP HOUSING AND INFRASTRUCTURE DEVELOPMENT BOARD DIVISION 5

Oct 2024registered
May 2027target completion
Declared cost₹30.16 CrScale11 flatsAuthorityRERA Madhya Pradesh
BhopalApartment

STARLIGHT TITANIA (PHASE I)

BHOPAL REDEVELOPMENT REALTY PRIVATE LIMITED

Apr 2025registered
Jun 2027target completion
Declared cost₹88.80 CrScale17 flatsAuthorityRERA Madhya Pradesh
BhopalIndividual houses

ORCHARD PARK

GOLDFIELD DEVELOPERS

Jan 2026registered
Jul 2028target completion
Declared cost₹20.99 CrScale10 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.