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PRASHANT SAGAR BLOCK-B

P-IND-19-2323 · RERA Madhya Pradesh · https://gethorizon.in/projects/prashant-sagar-block-b-juni-indore-7oy3a7lf

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
PRASHANT SAGAR BLOCK-B
Units
48 flats
Unit mix
48 × Residential
Revised completion
19 Feb 2023extended after an approved RERA extension
Extensions
3 approvedcompletion-date extension(s) granted by RERA
Quarterly reports
3 on file · latest Apr 2020 - Jun 2020quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2019
RERA registeredAug 2019
Proposed completionFeb 2022
TodaySep 2026

Find your flat

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

48 units across 1 batch
TypeArea sq mCount
Residential48

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

PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.

CompanyPromoter type
2Projects
1City
2019–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
144 homeson the public record across 2 projects
₹27.10 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 PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
KHASRA NO.1159/1, 1159/2, 1160/1, 1164/1, VILLAGE KHAJRANA, TEHSIL AND DISTRICT INDORE (M.P.)
What’s nearby
Schools7 schools within 500m · 19 educational institutions within 1km
HealthcareHospital 599m away · 33 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 537m away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Convenience store within 1km · Bank 820m away
Getting around
Expressway 3.1 km · Left ExitPrimary road 2.0 kmRailway line 583 m · INDB - RAU Rail SectionRailway station 1.1km away (Indore Junction)Bus stop within 1km
Water & environment
River 270 m · Kanh RiverWater body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.50 Cr declared to build 48 flats. What that works out to:

₹13.54 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.

₹23,412per sq yd
₹28,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 488 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

CHANDRABHAGA MAIN ROAD₹25,000 / sq m₹20,903 / sq yd70 m
CHANDRABHAGA GALI₹20,000 / sq m₹16,723 / sq yd80 m
AALAPURA GALI/TATYA SARVATE NAGAR GALI AALAPURA₹22,000 / sq m₹18,395 / sq yd110 m
RAJESH NAGAR₹20,000 / sq m₹16,723 / sq yd140 m
MAHAL KACHHORY₹18,000 / sq m₹15,050 / sq yd190 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

Indore

Town & Country Planning (DTCP)
Building Permit

The promised possession date (19 Feb 2022) 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

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

26 projects within 1 km — showing the nearest 6.

IndoreApartment

TAPTI PARISAR PHASE-III

INDORE MUNICIPAL CORPORATION

Jan 2022registered
Jan 2028target completion
Declared cost₹326.40 CrScale3,842 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

PRISMA BUSINESS CENTER

SAI PARI DEVELOPERS

Oct 2022registered
Jun 2026target completion
possession revisedDeclared cost₹12.71 CrScale74 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

CRYSTAL TOWER

FORTUNE ENTERPRISES

Jul 2023registered
Jan 2027target completion
possession revisedDeclared cost₹17.26 CrScale130 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SHIV DHAM

SHIV GOMATI BUILDERS AND DEVELOPERS PRIVATE LIMITED

Sep 2023registered
Mar 2027target completion
possession revisedDeclared cost₹2.54 CrScale24 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SHUBH MANGALAM

SHREE SHUBH DEVCON PRIVATE LIMITED

Sep 2023registered
May 2026target completion
Declared cost₹16.06 CrScale80 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SMRADHI SAGAR CRV

PRATIBHA SIYAL

Aug 2024registered
Mar 2027target completion
Declared cost₹11.62 CrScale3 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.