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Detailed Report

REGAL ROYAL GARDEN

P-BPL-25-5594 · RERA Madhya Pradesh · https://gethorizon.in/projects/regal-royal-garden-bhopal-huzur-cf6nv5bt

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
42 flats
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedNov 2024
RERA registeredApr 2025
Proposed completionNov 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

K.L. SHARMA

Proprietorship FirmPromoter type
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 4 new projects last year
  • 122 nearby projects
exact address · geocoded from the filed address · 23.2361, 77.5061 · © OpenStreetMap contributors
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
VILLAGE KHAJURIKALAN BHOPAL M.P.
What’s nearby
SchoolsNo schools within 2km · College or university 1.4km away
HealthcareHospital 1.0km away
LifestylePark 613m away
ShoppingNo supermarket within 2km
Getting around
Expressway 566 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

₹56.56 Cr declared to build 42 flats. What that works out to:

₹1.35 Crdeclared cost per flatall-in — land + construction
55%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.

04

Government Guidance Rate

MP Department of Registration & Stamps

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

₹25,084per sq yd
₹30,000per sq m
Which rate
multi-storey residential
Matched to
The rate published for “SAI SPARSH-2/ SONPURA/ GURUDEEP NAGAR”, 310 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

KHAJURI KHURD KI SABHI COLONY₹28,000 / sq m₹23,412 / sq yd410 m
SHIV LOK GREEN / SHIV LOK KE SABHI SECTOR₹42,000 / sq m₹35,117 / sq yd440 m
ANADI VILLA/ NANDI VILA PHASE-1,2₹52,000 / sq m₹43,479 / sq yd440 m
SARLA HOMES₹28,000 / sq m₹23,412 / sq yd580 m
GRAM KHAJURI KALAN KE KRISHI SHETRA₹28,000 / sq m₹23,412 / sq yd610 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.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Bhopal

Town & Country Planning (DTCP)
Building Permitapproved 15 Apr 2025 · 1 yr ago
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 projectsabout 1 in 7 in Madhya Pradesh.

a mixed market63% 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

07

Other projects nearby

The register · within 25 km

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

Of the 122 projects the radar draws within 6 km — every kind, every stage — 10 are residential projects still under way. This list keeps only those, and looks further out.

5 projects within 1 km — showing the nearest 5.

10 m awayIndividual houses

REGAL DEEP

MS REGAL SAMARTH INFRASTRUCTURE COMPANY · Bhopal · Huzur

Aug 2022registered
May 2026target completion
possession revisedDeclared cost₹2,000Scale85 flatsAuthorityRERA Madhya Pradesh
10 m awayIndividual houses

REGAL MUSKAN

MS K L SHARMA AND RUKMANI SHARMA · Bhopal · Huzur

Mar 2025registered
Oct 2027target completion
Declared cost₹27.49 CrScale23 flatsAuthorityRERA Madhya Pradesh
10 m awayIndividual houses

CRYSTAL IDEAL CITY PHASE-6

AMBIKA MULTIVENTURES PRIVATE LIMITED · Bhopal · Huzur

Sep 2025registered
May 2028target completion
Declared cost₹11.90 CrScale12 flatsAuthorityRERA Madhya Pradesh
510 m awayIndividual houses

CONSTRUCTION OF 147 HOUSES PHASE-II AT KHAJURI KALAN BHOPAL

M. P. HOUSING & INFRASTRUCTURE DEVELOPMENT BOARD THROUGH DIVISION 4, BHOPAL · Bhopal · Huzur

Jan 2025registered
Aug 2027target completion
Declared cost₹71.61 CrScale4 flatsAuthorityRERA Madhya Pradesh
830 m awayIndividual houses

REGAL KALASH PHASE-III

MS REGAL SAMARTH INFRASTRUCTURE COMPANY · Bhopal · Huzur

Feb 2022registered
Aug 2026target completion
possession revisedDeclared cost₹5,000Scale131 flatsAuthorityRERA Madhya Pradesh

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 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.
  3. 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 exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 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-royal-garden-bhopal-huzur-cf6nv5bt.

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.