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SAI AARTI PARISAR EXTENSTION

P-NDP-24-4924 · RERA Madhya Pradesh · https://gethorizon.in/projects/sai-aarti-parisar-extenstion-narmadapuram-laa8eocx

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SAI AARTI PARISAR EXTENSTION
Plots
27 plots

Timeline

Project startedApr 2024
RERA registeredJul 2024
Proposed completionMar 2026
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

MR. SHAILENDRA CHOUKSEY

IndividualPromoter type
3Projects
1City
2022–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
39 homes · 64 plotson the public record across 3 projects
₹1261713.95 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.

More from MR. SHAILENDRA CHOUKSEY— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Narmadapuram
Tehsil
Narmadapuram
Planning area
Narmadapuram
Address
sai aarti parisar extenstion fefartal narmadapuram
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.2km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.4 kmPrimary road 974 mRailway line 446 mRailway station 2.1km away (Hoshangabad)Limited bus connectivity nearby
Water & environment
Canal 2.9 kmRiver 3.6 km · Narmada River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1261710.00 Cr declared to build 27 plots. What that works out to:

₹46730.00 Crdeclared cost per plotall-in — land + construction
14%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.

₹13,796per sq yd
₹16,500per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 129 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

FEFRTAL GRAM KE PAS KA NAGRIYA SHETRA₹13,800 / sq m₹11,539 / sq yd320 m
GRAM FEFARTAL BASTI₹9,700 / sq m₹8,110 / sq yd550 m
FEFARTAL TALAB KSHETRA₹7,500 / sq m₹6,271 / sq yd590 m
HARDA ROAD PAR₹26,900 / sq m₹22,492 / sq yd620 m
Ward 24 Road se andar aur shesh sampurn ward₹12,500 / sq m₹10,452 / sq yd660 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

Narmadapuram

Town & Country Planning (DTCP)
Layout Permitapproved 22 Jul 2024 · 2 yrs ago

The promised possession date (30 Mar 2026) 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

Narmadapuram

Town & Country Planning area · Narmadapuram district

Has approved 107 RERA projects2% of Madhya Pradesh.

a plotted-layout market11% apartments · 89% plotted layouts. Your plotted layout is this body's core business.

Builders
84
On record
788 flats · 10,849 plots
Reach
7 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 89% 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

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

3 projects within 1 km — showing the nearest 3.

NarmadapuramPlotted Development

SHUBHARAMBH DREAMS

SHREENATHJI DEVELOPERS PROPRIETOR AMIT BANKE

Jun 2025registered
Dec 2027target completion
Declared cost₹1.25 CrScale6 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

KALA SHREE PARADISE

RAKESH JAIN

Jun 2026registered
Mar 2031target completion
Declared cost₹5.41 CrScale45 plotsAuthorityRERA Madhya Pradesh
NarmadapuramPlotted Development

HIMALAYA CITY

SIDDHARTH CHOUREY

Jan 2023registered
Dec 2026target completion
Declared cost₹7.61 CrScale137 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.