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SAFFRON PEARL

P-RTM-26-6189 · RERA Madhya Pradesh · https://gethorizon.in/projects/saffron-pearl-ratlam-nagar-z88nv5vw

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
25 plots
Quarterly reports
1 on file · latest Jan 2026 - Mar 2026quarterly progress certificates filed with RERA

Timeline

Project startedJul 2025
RERA registeredJan 2026
Proposed completionJun 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

P 3 ASSOCIATES

Partnership Firm / LLPPromoter type
1Projects
1City
2026–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
District
Ratlam
Tehsil
Ratlam Nagar
Planning area
Ratlam
Address
Survey No. 1095/1, 1095/2, 1102/1, 1102/2, 1096 AT Village Bibdod Tehsil & District Ratlam (M.P.)
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.7 kmPrimary road 337 mRailway line 4.0 km · Mumbai - Delhi RailwayRailway station 4.0km away (Dr. Radhakrishna Nagar)Limited bus connectivity nearby
Water & environment
River 392 m · Gobariya NadiWater body 3.1 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.84 Cr declared to build 25 plots. What that works out to:

₹7.38 Lakhdeclared cost per plotall-in — land + construction
41%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.

₹3,930per sq yd
₹4,700per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 9 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

BIBRDOD- BAJANA ROAD SE HATKAR ANY JAGAH₹2,200 / sq m₹1,839 / sq yd290 m
EXPRESS CITY₹6,100 / sq m₹5,100 / sq yd680 m
SWARNA SAGAR (HOUSING BORD)₹7,500 / sq m₹6,271 / sq yd740 m
BIBDOD NEW RING ROAD₹2,800 / sq m₹2,341 / sq yd1.5 km
SEFRON CITY₹6,900 / sq m₹5,769 / sq yd1.8 km

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 plan

Ratlam

Town & Country Planning (DTCP)
Layout Permitapproved 12 Jan 2026 · 8 mo 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

Ratlam

Town & Country Planning area · Ratlam district

Has approved 110 RERA projects2.1% of Madhya Pradesh.

a plotted-layout market15% apartments · 85% plotted layouts. Your plotted layout is this body's core business.

Builders
73
On record
1,601 flats · 10,533 plots
Reach
4 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 85% plots here vs 72% 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

55 plotted projects still under way within 25 km. Step out ring by ring:

2 projects within 1 km — showing the nearest 2.

RatlamPlotted Development

MG SOLITAIRE

HIGH SKY INFRA

Jul 2025registered
Feb 2028target completion
Declared cost₹2.83 CrScale41 plotsAuthorityRERA Madhya Pradesh
RatlamPlotted Development

SWARN SAGAR PHASE - 2

M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARD

Mar 2026registered
Dec 2026target completion
Declared cost₹8.99 CrScale90 plotsAuthorityRERA 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.