IndoreApartment
AVENTUS GRANDE
PRANAYAN DEVELOPERS LLP
Apr 2026registered
Oct 2027target completion
Declared cost₹10.79 CrScale10 flatsAuthorityRERA Madhya Pradesh
ROYAL GREENS (AN INTEGRAL PART OF ROYAL AMAR GREENS) - PHASE III
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Project name
- ROYAL GREENS (AN INTEGRAL PART OF ROYAL AMAR GREENS) - PHASE III
- Units
- 152 flats
- Unit mix
- 48 × 3BHK · 40 × Hibiscus- Ews- 1rk · 32 × Hibiscus- Lig- 1rk · 32 × 2BHK
- Revised completion
- 30 Nov 2025extended after an approved RERA extension
- Extensions
- 1 approved · Normalcompletion-date extension(s) granted by RERA
- Quarterly reports
- 16 on file · latest Oct 2021 - Dec 2021quarterly progress certificates filed with RERA
Timeline
Project startedJun 2021
RERA registeredJan 2022
Proposed completionMay 2025
TodaySep 2026
Find your flat
Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.
TypeArea sq mCount
3BHK—48
Hibiscus- Ews- 1rk—40
Hibiscus- Lig- 1rk—32
2BHK—32
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 type exist, not how many are still unsold (this state's filing carries no booking count).
02
Builder’s track record
RERA Madhya Pradesh · Builder registrationMAN DEVELOPMENTS
Partnership Firm / LLPPromoter type
1Projects
1City
2022–2025Active
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- District
- Indore
- Tehsil
- Juni Indore
- Planning area
- Indore
- Address
- Packi Lotus and Packi Hibiscus situated at village Niranjanpur, PatwariHalka No. 5 New 41
What’s nearby
Schools3 schools within 500m · 10 educational institutions within 1km · College or university 1.6km away
HealthcareHospital 350m away · 68 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 883m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Mall 1.6km away · Convenience store within 500m
Getting around
Expressway 2.5 km · Ring RoadPrimary road 307 m · Ganesh Ganj MargRailway line 2.4 kmRailway station 2.5km away (Indore Junction)Bus stop within 500m
Water & environment
River 1.2 km · Saraswathi
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹31.87 Cr declared to build 152 flats. What that works out to:
₹20.96 Lakhdeclared cost per flatall-in — land + construction
6%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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹21,739per sq yd
₹26,000per sq m
- Which rate
- multi-storey residential
- Matched to
- The middle rate of the 366 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
| MAHATMA GANDHI MARG BADA GANPATI SE MALHARGANJ CHORAHA | ₹28,800 / sq m | ₹24,080 / sq yd | 70 m |
|---|---|---|---|
| MAHATMA GANDHI MARG BADA GANPATI SE MALHAARGANJ | ₹40,000 / sq m | ₹33,445 / sq yd | 80 m |
| KUMHAR BAKHAL | ₹16,000 / sq m | ₹13,378 / sq yd | 190 m |
| DALIYA BAKHAL/MALHAARGANJ GALI | ₹20,000 / sq m | ₹16,723 / sq yd | 190 m |
| YASHVANTGANJ NORTH AVAM SOUTH (M.G. ROAD SE ANDER) | ₹30,000 / sq m | ₹25,084 / sq yd | 210 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.
05
Planning authority
RERA Madhya Pradesh · Approved building planBuilding Permit
The promised possession date (31 May 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
Indore
Town & Country Planning area · Indore districtHas approved 1,123 RERA projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.
a plotted-layout market — 34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.
- Builders
- 776
- On record
- 37,289 flats · 95,164 plots
- Reach
- 10 tehsils
- Since
- 2017
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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints 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.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km110 residential projects still under way within 25 km. Step out ring by ring:
Of the 619 projects the radar draws within 6 km — every kind, every stage — 49 are residential projects still under way. This list keeps only those, and looks further out.
4 projects within 1 km — showing the nearest 4.
SanwerApartment
HIGHLINE HERITAGE
VB BUILDERS AND DEVELOPERS
Mar 2024registered
Sep 2026target completion
Declared cost₹165.05 CrScale410 flatsAuthorityRERA Madhya Pradesh
IndoreApartment
D ORNATE A1 BLOCK
NARENDRA GORANI
Jun 2025registered
Jan 2028target completion
Declared cost₹40.80 CrScale6 flatsAuthorityRERA Madhya Pradesh
IndoreApartment
JMD AURA
JMD HOUSING PROJECTS
Jun 2025registered
Apr 2027target completion
Declared cost₹4.74 CrScale8 flatsAuthorityRERA Madhya Pradesh
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.