Is PRASHANTSAGAR registered under RERA?

Yes. PRASHANTSAGAR by PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD. is on the public record with RERA Madhya Pradesh under RERA registration number P-IND-17-454.

When is PRASHANTSAGAR due for possession?

The completion date on file with RERA Madhya Pradesh was revised to August 2019. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of PRASHANTSAGAR?

PRASHANTSAGAR is filed by PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD. (Company), per its RERA Madhya Pradesh registration.

Which authority approved PRASHANTSAGAR?

The building permit for PRASHANTSAGAR was approved by Indore. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of PRASHANTSAGAR?

The declared project cost on record (land plus construction) is ₹20.6 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is PRASHANTSAGAR located?

PRASHANTSAGAR is located in Indore, Juni Indore, Madhya Pradesh, as filed with RERA Madhya Pradesh.

PRASHANTSAGAR RERA, Juni Indore, Madhya Pradesh — the public record

Name: PRASHANTSAGAR — public record
Creator: RERA Madhya Pradesh

PRASHANTSAGAR

P-IND-17-454 · RERA Madhya Pradesh · https://gethorizon.in/projects/prashantsagar-juni-indore-ai7u2loc

Complete project overview

RERA Madhya Pradesh · Registration filing

Project name: PRASHANTSAGAR
Units: 96 flats
Unit mix: 96 × Residential
Revised completion: 1 Aug 2019extended after an approved RERA extension
Extensions: 1 approved · Normalcompletion-date extension(s) granted by RERA
Quarterly reports: 7 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedJan 2013

Proposed completionAug 2018

RERA registeredAug 2019

TodaySep 2026

Find your flat

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

96 units across 1 batch

TypeArea sq mCount

Residential—96

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).

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

PRASHANTSAGARPRASHANT SAGAR BLOCK-B

PRASHANTSAGAR

this project

Apartment

Jan 2013started

Aug 2018target completion

96 flats₹20.60 Cr

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.

Location & price analysis

RERA Madhya Pradesh · Registration filing

District: Indore
Tehsil: Juni Indore
Planning area: Indore
Address: Prashant Sagar , Sanchar Nagar Ext. Opposite Post Office Kanadiya Road Indore-425001

What’s nearby

Schools1 school within 1km

HealthcareHospital 779m away · 4 clinics within 1km · Pharmacy within 1km

LifestylePark 1.2km away

ShoppingSupermarket 1.3km away

Getting around

Expressway 1.5 kmPrimary road 1.3 km · Ring Road FlyoverNo metro or railway within 5kmBus stop within 1km

Water & environment

Water body 1.6 km · Khajrana Lake

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹20.60 Cr declared to build 96 flats. What that works out to:

₹21.45 Lakhdeclared cost per flatall-in — land + construction

33%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.

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹20,903per sq yd

₹25,000per sq m

Which rate: multi-storey residential
Matched to: The rate published for “PRASHANT SAGAR”, 40 m from this project.
In force: 2026-2027 schedule · effective Apr 2026

Colonies around this project

SANCHAR NAGAR EXTENSION	₹21,000 / sq m	₹17,559 / sq yd	140 m
MITRA BANDHU NAGAR	₹17,600 / sq m	₹14,716 / sq yd	140 m
GYAAN SAGAR, ABADHUTH SAGAR	₹22,000 / sq m	₹18,395 / sq yd	150 m
SANCHAR NAGAR ANEX	₹19,300 / sq m	₹16,137 / sq yd	170 m
RAJRATAN AVENUE	₹24,200 / sq m	₹20,234 / sq yd	220 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.

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)

Building Permit

The promised possession date (1 Aug 2018) 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.

See every project approved by RERA Madhya Pradesh→

Complaints & litigation

RERA Madhya Pradesh · public record

Complaints register

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.

Other projects nearby

The register · within 25 km

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

Of the 257 projects the radar draws within 6 km — every kind, every stage — 34 are residential projects still under way. This list keeps only those, and looks further out.

9 projects between 1 and 3 km — showing the nearest 6.

1.3 km awayApartment

EMERALD WORLDPARK - TOWER 1

AGARWAL REALINFRA LLP · Indore · Juni Indore

Jul 2025registered

Mar 2028target completion

Declared cost₹70.82 CrScale14 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

1.6 km awayApartment

SHEKHAR UNITY

SHEKHAR CONSTRUCTION · Indore · Juni Indore

May 2023registered

Jul 2026target completion

⚠ possession revisedDeclared cost₹31.39 CrScale307 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

2.4 km awayApartment

SAHIL GRAND

SAHIL INFRA · Indore · Juni Indore

Nov 2022registered

Mar 2026target completion

⚠ possession revisedDeclared cost₹75.97 CrScale59 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

2.4 km awayApartment

SARTHAK SOLITARE

SARTHAK CONSTRUCTION · Indore · Bicholi Hapsi

Jul 2025registered

Sep 2027target completion

Declared cost₹25.11 CrScale8 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

2.4 km awayApartment

GURJAR TOWER

RCM BUILDCON · Bicholi Hapsi

Apr 2026registered

Aug 2028target completion

Declared cost₹13.03 CrScale1 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

2.5 km awayApartment

SAHIL ELEGANT

SAHIL INFRA · Indore · Juni Indore

Oct 2024registered

Oct 2026target completion

Declared cost₹63.81 CrScale9 flatsAuthorityRERA Madhya Pradesh

Open the read Compare

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.
Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.