HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
11 flats
Quarterly reports
6 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedMay 2024
RERA registeredMar 2025
Proposed completionMay 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

RADHIKA DEVCON PRIVATE LIMITED

CompanyPromoter type
9Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
388 homes · 339 plotson the public record across 9 projects
₹142.49 Crdeclared build cost

Build cost is what the promoter 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 promoter, 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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Other
Address
Plot No. 4A, scheme no 78 situated at Niranjanpur in Tehsil Indore & District Indore
What’s nearby
Schools5 schools within 500m · 10 educational institutions within 1km · College or university 1.5km away
HealthcareHospital 70m away · 47 clinics within 1km · Pharmacy within 500m
LifestylePark 965m away · 8 restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Mall 908m away · Convenience store within 1km
Getting around
Expressway 4.5 kmPrimary road 1.2 km · MR10Railway line 2.7 km · DWX - INDB Rail SectionRailway station 4.1km away (Lakshmibai Nagar)Bus stop within 1km
Water & environment
Water body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹27.92 Cr declared to build 11 flats. What that works out to:

₹2.54 Crdeclared cost per flatall-in — land + construction
77%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
Building Permitapproved 17 Mar 2025 · 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.

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.