BhopalApartment
VARDHMAN CELESTIA
VARDHMAN DEVELOPERS
Jul 2025registered
Apr 2027target completion
Declared cost₹22.75 CrScale8 flatsAuthorityRERA Madhya Pradesh
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Detailed ReportSAGE GOLDEN SPRING PHASE - I
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Project name
- SAGE GOLDEN SPRING PHASE - I
- Units
- 699 flats
- Unit mix
- 400 × 3BHK · 234 × 2BHK · 65 × 1BHK
- Revised completion
- 31 Dec 2026extended after an approved RERA extension
- Extensions
- 1 approved · Normalcompletion-date extension(s) granted by RERA
- Quarterly reports
- 17 on file · latest Jan 2022 - Mar 2022quarterly progress certificates filed with RERA
Timeline
Project startedJan 2022
RERA registeredMay 2022
Proposed completionDec 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
1BHK—65
2BHK—234
3BHK—400
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 registrationVRANDAWAN CONSTRUCTIONS CO.
Partnership Firm / LLPPromoter type
3Projects
1City
2021–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
996 homes · 129 plotson the public record across 3 projects
₹127.38 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.
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
- District
- Bhopal
- Tehsil
- Huzur
- Planning area
- Bhopal
- Address
- LAND KHASRA NO. 10/1, 12,13,14,15 & OTHERS , VILLAGE DAMKHEDA, TEHSIL HUZUR , DISTRICT BHOPAL MP-462041.
What’s nearby
Schools1 school within 1km
HealthcareHospital 134m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 793m away · Gym or sports centre 2.0km away
ShoppingSupermarket 531m away · Mall 1.7km away
Getting around
Primary road 14 m · Ayodhya Bypass RoadRailway line 1.8 kmRailway station 2.4km away (Nishatpura)Limited bus connectivity nearby
Water & environment
Water body 994 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹96.60 Cr declared to build 699 flats. What that works out to:
₹13.82 Lakhdeclared cost per flatall-in — land + construction
2%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.
₹20,234per sq yd
₹24,200per sq m
- Which rate
- multi-storey residential
- Matched to
- The middle rate of the 133 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
| TIRUPATI M.L.HEIGHTS / HIGHRINE | ₹23,100 / sq m | ₹19,315 / sq yd | 180 m |
|---|---|---|---|
| SEMRA KALA/ KOLUA KALA KE SABHI UDDYOGIK SHETR ME STHIT UDDYOGIK | ₹23,100 / sq m | ₹19,315 / sq yd | 250 m |
| NORTH AVAINUE KE SABHI PHASE | ₹35,000 / sq m | ₹29,264 / sq yd | 260 m |
| ECO GREEN CTIY | ₹20,800 / sq m | ₹17,391 / sq yd | 350 m |
| PUNYADHAM COLONY | ₹26,000 / sq m | ₹21,739 / sq yd | 380 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 Dec 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 districtHas 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.
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 km74 residential projects still under way within 25 km. Step out ring by ring:
1 project within 3 km — showing the nearest 1.
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/sage-golden-spring-phase-i-bhopal-huzur-mjwncz2u.
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.