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Detailed Report

PMAY AFFORDABLE HOUSING PROJECT BAGMUGALIYA PHASE-2

P-BPL-25-6117 · RERA Madhya Pradesh · https://gethorizon.in/projects/pmay-affordable-housing-project-bhopal-huzur-k2vk4d7u

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PMAY AFFORDABLE HOUSING PROJECT BAGMUGALIYA PHASE-2
Plots
2 plots

Timeline

Project startedAug 2024
RERA registeredDec 2025
Proposed completionJun 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

MUNICIPAL CORPORATION BHOPAL

Government/Semi Government AgencyPromoter type
14Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2,140 homes · 62 plotson the public record across 14 projects
₹697.00 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 MUNICIPAL CORPORATION BHOPAL— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
≈ area only · geocoded, verified but not exact · 23.1901, 77.4243 · © OpenStreetMap contributors
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
VILLAGE SHAHPURA TAHSIL BHOPAL DISST.BHOPAL
What’s nearby
Schools4 schools within 1km · 4 educational institutions within 1km · College or university 1.4km away
HealthcareHospital 726m away
LifestylePark 966m away · Gym or sports centre 952m away
ShoppingSupermarket 742m away · Mall 932m away
Getting around
Primary road 2.6 kmRailway line 2.4 kmMetro station 3.5km away (DRM Office)Bus stop within 1km
Water & environment
River 403 m · AjmarCanal 780 mWater body 821 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹91.33 Cr declared to build 2 plots. What that works out to:

₹45.66 Crdeclared cost per plotall-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.

₹33,445per sq yd
₹40,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 121 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

FAITH RICHMOND HEIGHTS₹30,000 / sq m₹25,084 / sq yd140 m
GRAM BAWADIYA KALAN MUKHYA MARG SE HATKAR EVAM ANYA COLONY₹30,000 / sq m₹25,084 / sq yd270 m
INDUS EMPIRE BAWADIYA KALAN MUKHYA MARG SE ANDAR₹35,200 / sq m₹29,432 / sq yd480 m
ULTIMATE SKY VILLAS / ULTIMATE HEIGHTS₹40,000 / sq m₹33,445 / sq yd600 m
MANDAKINI / SARVADHARAM / SAGAR PREMIUM TOWER / GRAM DAMKHEDA KI ANYA COLONY₹30,000 / sq m₹25,084 / sq yd610 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)
Layout Permitapproved 19 Dec 2025 · 9 mo ago
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

91 plotted projects still under way within 25 km. Step out ring by ring:

3 projects within 1 km — showing the nearest 3.

BhopalPlotted Development

DEVELOPMENT OF 13.73 HECTARE LAND IN PHASE 02 AT SAPPHIRE PARK CITY KATARA HILLS BHOPAL.

M.P.HOUSING & INFRASTRUCTURE DEVELOPMENTBOARD BHOPAL

Jan 2025registered
Jun 2027target completion
Declared cost₹78.66 CrScale47 plotsAuthorityRERA Madhya Pradesh
BhopalPlotted Development

SINGAPORE GRAND

AMBAJI BUILDCON

Feb 2025registered
Jul 2027target completion
Declared cost₹16.96 CrScale24 plotsAuthorityRERA Madhya Pradesh
BhopalPlotted Development

KASTURI K11

THAKUR PRASAD

Sep 2025registered
Jun 2030target completion
Declared cost₹1.11 CrScale15 plotsAuthorityRERA 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/pmay-affordable-housing-project-bhopal-huzur-k2vk4d7u.

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.