1 extension on record — latest to 24 Feb 2026declared reason: other than force majeure
Description
That 12.5% of the total saleable plots of the project were earlier mortgaged in favour of the Urban Improvement Trust, Sikar against the internal development works of the project. The said plots were Plot Nos. 7, 8 and 11. However, the aforesaid plots have been released from mortgage and stand mortgage-free pursuant to the Completion Certificate issued by the Urban Improvement Trust, Sikar dated 24.02.2026.
Timeline
Construction startJul 2024
RERA registeredSep 2024
Proposed completionDec 2025
TodaySep 2026
Find your plot
Filed by type and size, in the batches the builder registered — not a per-plot listing. Look yours up.
21 plots across 16 batches
TypeArea sq mCount
Plot951
Plot1041
Plot1161
Plot1395
Plot1671
Plot1761
Plot1011
Plot1162
Plot1011
Plot1331
Plot1061
Plot1391
Plot551
Plot1301
Plot1761
Plot551
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 size 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
RAJ-RERA · Registration filing
Address
Part of Khasra No. 310/2, Village-Nala Ka Balaji, Sikar, Sikar, 332001
Village
Village-Nala Ka Balaji
Taluka
Sikar
District
Sikar
Pincode
332001
What’s nearby
SchoolsNearest school 1.2km away · College or university 1.4km away · Library 1.6km away
HealthcareHospital 560m away · 4 clinics within 1km · Doctor's clinic within 1km
Lifestyle1 park within 500m · Gym or sports centre 1.3km away · 3 restaurants and cafes within 1km
Expressway 2.6 km · Sikar Bypass RoadPrimary road 25 mRailway line 1.4 kmRailway station 1.5km away (Sikar Railway Station)Limited bus connectivity nearby
Price analysisdeclared build cost — not a sale price
₹90.00 Lakh declared to build 21 plots. What that works out to:
₹4.29 Lakhdeclared cost per plotall-in — land + construction
₹225/sq ftof plotted area₹2,421/sq m
50%of the cost is land₹112/sq ft of 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
Rajasthan IGRS — DLC rates (rural branch)
In Rajasthan it’s called the DLC rate.
₹2,174per sq yd
₹2,600per sq m
Which rate
residential, interior plot
Matched to
The rate published for the village of “NALA KA BALAJI”.
This filing declares ₹2,421 per sq m of plotted area — 0.93× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
The minimum value Rajasthan’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 village, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RAJ-RERA · Approved building plan
Urban Improvement Trust
Urban Improvement Trust
Layout Permitapproved 17 Sep 2024 · 2 yrs ago
The promised possession date (31 Dec 2025) 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
Urban Improvement Trust
A city-level Urban Improvement Trust — Rajasthan's town-development body in cities without a development authority. It has approved 612 RERA projects across 20 districts — about 1 in 4 in Rajasthan.
Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.