Is REGAL KASTURI PHASE-II registered under RERA?

Yes. REGAL KASTURI PHASE-II by MS K L SHARMA AND RUKMANI SHARMA is on the public record with RERA Madhya Pradesh under RERA registration number P-BPL-22-3497.

When is REGAL KASTURI PHASE-II due for possession?

The promised completion date on file with RERA Madhya Pradesh is March 2025. This is the date the promoter filed, not a prediction of delivery.

Which authority approved REGAL KASTURI PHASE-II?

The layout permit for REGAL KASTURI PHASE-II was approved by Bhopal. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of REGAL KASTURI PHASE-II?

The declared project cost on record (land plus construction) is ₹5.84 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is REGAL KASTURI PHASE-II located?

REGAL KASTURI PHASE-II is located in Bhopal, Huzur, Madhya Pradesh, as filed with RERA Madhya Pradesh.

REGAL KASTURI PHASE-II RERA, Huzur, Madhya Pradesh

Name: REGAL KASTURI PHASE-II — public record
Creator: RERA Madhya Pradesh

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Detailed Report

REGAL KASTURI PHASE-II

P-BPL-22-3497 · RERA Madhya Pradesh · https://gethorizon.in/projects/regal-kasturi-phase-ii-bhopal-huzur-45bh27v4

Complete project overview

RERA Madhya Pradesh · Registration filing

Project name: REGAL KASTURI PHASE-II
Plots: 98 plots
Unit mix: 30 × Plot No. 41-70 (4.88*13.72) · 25 × Plot No. 01-25 (6.10*12.20) · 11 × Plot No. 28-38 (5.50*13.72) · 11 × Plot No. 73-83 (5.50*13.72) · 1 × Plot No. 26 (5.60*12.20) · 1 × Plot No. 27 (6.00*13.72)
Quarterly reports: 15 on file · latest Jul 2022 - Sep 2022quarterly progress certificates filed with RERA

Timeline

Project startedMar 2022

RERA registeredJun 2022

Proposed completionMar 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.

98 plots across 25 batches

TypeArea sq mCount

Plot No. 01-25 (6.10*12.20)—25

Plot No. 26 (5.60*12.20)—1

Plot No. 27 (6.00*13.72)—1

Plot No. 28-38 (5.50*13.72)—11

Plot No. 39 (6.00*13.72)—1

Plot No. 40 (4.90*13.72)—1

Plot No. 41-70 (4.88*13.72)—30

Plot No. 71 (4.90*13.72)—1

Plot No. 72 (6.00*13.72)—1

Plot No. 73-83 (5.50*13.72)—11

Plot No. 84 (6.00*13.72)—1

Plot No. 85 (Irregular Size)—1

E-01 (Irregular Size) Plot—1

E-02 (Irregular Size) Plot—1

E-03 (Irregular Size) Plot—1

E-04 (Irregular Size) Plot—1

E-05 (Irregular Size) Plot—1

E-06 (Irregular Size) Plot—1

E-07 (Irregular Size) Plot—1

E-08 (Irregular Size) Plot—1

L-01 (Irregular Size) Plot—1

L-02 (Irregular Size) Plot—1

L-03 (Irregular Size) Plot—1

L-04 (Irregular Size) Plot—1

L-05 (Irregular Size) Plot—1

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).

Builder’s track record

RERA Madhya Pradesh · Builder registration

MS K L SHARMA AND RUKMANI SHARMA

Partnership Firm / LLPPromoter type

5Projects

1City

2018–presentActive

Timelineevery project, start → promised completion

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)REGAL KALASHREGAL KASTURI PHASE-IIREGAL KASTURI PHASE-3REGAL MUSKAN

REGAL KASTURI PHASE-II

this project

Plotted Development

Mar 2022started

Mar 2025target completion

98 plots₹5.84 Cr

Builder DNAthe whole portfolio, summed

67 homes · 339 plotson the public record across 5 projects

₹66.51 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

≈ area only · geocoded, verified but not exact · 23.2361, 77.5060 · © OpenStreetMap contributors

District: Bhopal
Tehsil: Huzur
Planning area: Bhopal
Address: KHASRA NO.-288/KHA/1,289/KHA/1,AT VILLAGE-KHAJURI KALAN,TEHSIL-HUZURDIST-BHOPAL

What’s nearby

SchoolsNo schools within 2km · College or university 1.4km away

HealthcareHospital 1.0km away

LifestylePark 612m away

ShoppingNo supermarket within 2km

Getting around

Expressway 573 m · Bhopal Bypass RoadPrimary road 1.6 km · Raisen RoadRailway line 4.3 kmNo metro or railway within 5kmLimited bus connectivity nearby

Water & environment

Water body 1.8 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹5.84 Cr declared to build 98 plots. What that works out to:

₹5.96 Lakhdeclared cost per plotall-in — land + construction

68%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: open plot, residential
Matched to: The middle rate of the 101 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

SAI SPARSH-2/ SONPURA/ GURUDEEP NAGAR	₹25,000 / sq m	₹20,903 / sq yd	300 m
KHAJURI KHURD KI SABHI COLONY	₹25,000 / sq m	₹20,903 / sq yd	400 m
SHIV LOK GREEN / SHIV LOK KE SABHI SECTOR	₹40,000 / sq m	₹33,445 / sq yd	430 m
ANADI VILLA/ NANDI VILA PHASE-1,2	₹40,000 / sq m	₹33,445 / sq yd	440 m
SARLA HOMES	₹25,000 / sq m	₹20,903 / sq yd	570 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.

Planning authority

RERA Madhya Pradesh · Approved building plan

Bhopal

Town & Country Planning (DTCP)

Layout Permitapproved 27 Jun 2022 · 4 yrs ago

The promised possession date (2 Mar 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

Bhopal

Town & Country Planning area · Bhopal district

Has approved 726 RERA projects — about 1 in 7 in Madhya Pradesh.

a mixed market — 63% apartments · 37% plotted layouts.

Builders: 444
On record: 45,421 flats · 32,913.65 plots
Reach: 2 tehsils
Since: 2017

More apartment-heavy than Madhya Pradesh overall — 63% 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.

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.

EXECUTIVE ENGINEER DIV 4 BHOPAL

Jul 2022registered

May 2026target completion

⚠ possession revisedDeclared cost₹88.54 CrScale143 plotsAuthorityRERA Madhya Pradesh

Open the read

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.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
02Builder's track record
- RERA Madhya Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Madhya Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- MP Department of Registration & Stamps.
05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/regal-kasturi-phase-ii-bhopal-huzur-45bh27v4.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.