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Detailed Report

SAHIL SHANGRILA HOMES

P-OTH-24-5215 · RERA Madhya Pradesh · https://gethorizon.in/projects/sahil-shangrila-homes-juni-indore-76u35tan

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
3 flats
Quarterly reports
7 on file · latest Jul 2024 - Sep 2024quarterly progress certificates filed with RERA

Timeline

Project startedApr 2024
RERA registeredNov 2024
Proposed completionMar 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

JK HIGHLANDS LLP

Partnership Firm / LLPPromoter type
1Projects
1City
2024–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
≈ area only · geocoded, verified but not exact · 22.7951, 75.9211 · © OpenStreetMap contributors
District
Indore
Tehsil
Juni Indore
Planning area
Other
Address
Khasra No 173/20, BRG Shangrila Face-III, Village Talawali Chanda, Teh. & Dist. Indore (M.P.)
What’s nearby
Schools2 schools within 1km
HealthcareHospital 1.5km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.6 km · AH47Primary road 971 m · Old A. B. RoadRailway line 1.5 km · DWX - INDB Rail SectionRailway station 1.8km away (Mangliyagaon)Limited bus connectivity nearby
Water & environment
Water body 848 mRiver 3.2 km · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹19.09 Cr declared to build 3 flats. What that works out to:

₹6.36 Crdeclared cost per flatall-in — land + construction
0%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.

₹20,903per sq yd
₹25,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 174 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

IRIS LEAF (GRAM TALAWALI CHANDA)₹25,000 / sq m₹20,903 / sq yd120 m
SMART PERADISE (TALAWALI CHANDA)₹22,000 / sq m₹18,395 / sq yd230 m
ANSAL TOWNSHIP EWS (TALAWALI CHANDA)₹25,000 / sq m₹20,903 / sq yd290 m
IRIS PARK (TALAWALI CHANDA)₹27,500 / sq m₹22,994 / sq yd370 m
APJ ABDUL KALAM UNIVERSITY WALI ROAD/M.R. 12 ROAD, AB ROADD SE BYPASS TAK (SADAK KE DONO OR)₹38,000 / sq m₹31,773 / sq yd410 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 plan
Building Permitapproved 22 Nov 2024 · 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.

07

Other projects nearby

The register · within 25 km

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

5 projects between 1 and 3 km — showing the nearest 5.

IndoreApartment

HOPE ENCLAVE

PANKAJ GUPTA

Jan 2025registered
Nov 2026target completion
Declared cost₹4.07 CrScale5 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

BRIJ RESIDENCY PHASE 3

NEW CONCEPT CONSTRUCTIONS

Dec 2025registered
Aug 2028target completion
Declared cost₹4.85 CrScale3 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

KANHA BLISS

KESHARI DEVELOPERS

May 2026registered
Jan 2027target completion
Declared cost₹2.96 CrScale3 flatsAuthorityRERA Madhya Pradesh
Juni IndoreIndividual houses

SS INFINITUS - PHASE 12

SS NIRMAN PRIVATE LIMITED

Nov 2023registered
Apr 2027target completion
possession revisedDeclared cost₹13.47 CrScale43 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

PALASH PARISAR PHASE-III

INDORE MUNICIPAL CORPORATION

Oct 2021registered
May 2026target completion
Declared cost₹10.03 CrScale102 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.

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 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).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
  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/sahil-shangrila-homes-juni-indore-76u35tan.

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.