HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
41 plots
Quarterly reports
6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedJul 2024
RERA registeredOct 2024
Proposed completionJul 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

RAJUL ECOSPACE DEVELOPERS

Partnership Firm / LLPPromoter type
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Jabalpur
Tehsil
Ranjhi
Planning area
Jabalpur
Address
Village - Kajarwara, Tehsil - Ranjhi, District - Jabalpur
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.3km away
LifestyleNo parks within 2km · Gym or sports centre 1.6km away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.8 kmPrimary road 1.4 kmRailway line 3.7 kmRailway station 4.9km away (Jabalpur)Limited bus connectivity nearby
Water & environment
Water body 729 mRiver 1.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.84 Cr declared to build 41 plots. What that works out to:

₹9.36 Lakhdeclared cost per plotall-in — land + construction
42%of the cost is land

This is what the promoter 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

Planning authority

RERA Madhya Pradesh · Approved building plan

Jabalpur

Town & Country Planning (DTCP)
Layout Permitapproved 25 Oct 2024 · 1 yr ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Jabalpur

Town & Country Planning area · Jabalpur district

Has approved 268 RERA projectsabout 1 in 20 in Madhya Pradesh.

a mixed market44% apartments · 56% plotted layouts.

Builders
203
On record
17,810 flats · 18,089 plots
Reach
8 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 44% 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.

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.