HORIZONMarkets

Timeline

Project startedJun 2010
RERA registeredNov 2017
Proposed completionJul 2018
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

RAI HOMES CONSTRUCTION COMPANY

Partnership Firm / LLPPromoter type
2Projects
1City
2017–2021Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
₹68.93 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
Bhopal
Tehsil
Huzur
Planning area
Other
Address
Khasra no. 532/1/2/1/,532/4, 532/5
What’s nearby
Schools1 school within 1km · College or university 706m away
HealthcareHospital 412m away · 1 clinic within 1km · Pharmacy within 500m
LifestylePark 950m away · Gym or sports centre 836m away
ShoppingNo supermarket within 2km · Mall 1.4km away · Bank 695m away
Getting around
Primary road 747 mRailway line 1.5 kmMetro station 1.3km away (Subhash Nagar)Bus stop within 1km
Price analysisdeclared build cost — not a sale price

₹32.10 Cr declared. What that works out to:

49%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 6 Nov 2017 · 8 yrs ago

The promised possession date (27 Jul 2018) 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

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.