5 × First Floor · 5 × Second Floor · 5 × Third Floor · 4 × Ug
Revised completion
30 Mar 2022extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
11 on file · latest Oct 2019 - Dec 2019quarterly progress certificates filed with RERA
Timeline
Project startedJun 2019
RERA registeredDec 2019
Proposed completionJun 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.
19 units across 4 batches
TypeArea sq mCount
Ug—4
First Floor—5
Second Floor—5
Third Floor—5
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).
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.
Builder's track record — done
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
140 PHADNIS COLONY AB ROAD KHASRA NUMBER 342 AND 343 ZONE 09 WARD 45
What’s nearby
Schools5 schools within 500m · 20 educational institutions within 1km · College or university 2.0km away
HealthcareHospital 448m away · 37 clinics within 1km · Pharmacy within 500m
LifestylePark 1.7km away · Gym or sports centre 510m away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Convenience store within 1km · Bank 739m away
Getting around
Expressway 3.1 km · Rajeev Gandhi SquarePrimary road 1.8 kmRailway line 738 m · INDB - RAU Rail SectionRailway station 1.2km away (Indore Junction)Bus stop within 500m
Water & environment
River 180 m · SaraswathiWater body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹11.68 Cr declared to build 19 flats. What that works out to:
₹61.47 Lakhdeclared cost per flatall-in — land + construction
81%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.
Location & price analysis — done
04
Government Guidance Rate
MP Department of Registration & Stamps
In Madhya Pradesh it’s called the collector guideline rate.
₹18,395per sq yd
₹22,000per sq m
Which rate
multi-storey residential
Matched to
The rate published for “AALAPURA GALI/TATYA SARVATE NAGAR GALI AALAPURA”, 110 m from this project.
In force
2026-2027 schedule · effective Apr 2026
Colonies around this project
CHANDRAPRABHASH SHEKHAR NAGAR
₹17,000 / sq m
₹14,214 / sq yd
120 m
PAGNISPAGA
₹28,000 / sq m
₹23,412 / sq yd
150 m
CHANDRABHAGA MAIN ROAD
₹25,000 / sq m
₹20,903 / sq yd
170 m
RAJESH NAGAR
₹20,000 / sq m
₹16,723 / sq yd
200 m
CHANDRA BHAGA MAIN ROAD /SHREE RIDHHI VINAYAK APARTMENT
₹22,000 / sq m
₹18,395 / sq yd
200 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.
Government Guidance Rate — done
05
Planning authority
RERA Madhya Pradesh · Approved building plan
Indore
Town & Country Planning (DTCP)
Building Permit
The promised possession date (30 Jun 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
Indore
Town & Country Planning area · Indore district
Has approved 1,123 RERA projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.
a plotted-layout market — 34% 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.
Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Madhya Pradesh
Litigation
None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
110 residential projects still under way within 25 km. Step out ring by ring:
Of the 620 projects the radar draws within 6 km — every kind, every stage — 49 are residential projects still under way. This list keeps only those, and looks further out.
26 projects within 1 km — showing the nearest 6.
180 m awayApartment
TAPTI PARISAR PHASE-III
INDORE MUNICIPAL CORPORATION · Indore · Juni Indore