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SAI AARTI PARISAR

P-HBD-22-3270 · RERA Madhya Pradesh · https://gethorizon.in/projects/sai-aarti-parisar-narmadapuram-x85zxygs

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SAI AARTI PARISAR
Units
39 units
Unit mix
39 × Commercial
Quarterly reports
13 on file · latest Oct 2022 - Dec 2022quarterly progress certificates filed with RERA

Timeline

Project startedSep 2021
RERA registeredApr 2022
Proposed completionSep 2024
TodaySep 2026

Find your unit

Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.

39 units across 1 batch
TypeArea sq mCount
Commercial39

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 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
VILLAGE FEPHARTAL, TEHSIL HOSHANGABAD DISTRICT HOSHANGABAD
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.3 kmPrimary road 91 mRailway line 566 mRailway station 2.5km away (Hoshangabad)Limited bus connectivity nearby
Water & environment
Canal 2.1 kmRiver 3.1 km · Narmada River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.47 Cr declared to build 39 flats. What that works out to:

₹6.33 Lakhdeclared cost per flatall-in — land + construction

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.

₹12,124per sq yd
₹14,500per sq m
Which rate
multi-storey residential
Matched to
The rate published for “SHESH SAMPOORN WARD”, 140 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

ITARSI ROAD PAR DOUBLE FATAK TAK ROAD KE DONO AUR₹41,000 / sq m₹34,281 / sq yd310 m
S P M GATE SE ITARSI ROAD DOUBLE FATAK TAK DONO OR₹23,000 / sq m₹19,231 / sq yd440 m
ITARSI ROAD SE ANDAR KA SHETRA 1₹17,000 / sq m₹14,214 / sq yd440 m
GOPAL KUNJ₹17,000 / sq m₹14,214 / sq yd550 m
ITARSI ROAD DOUBLE FATAK TAK ROAD KE DONO OR₹41,000 / sq m₹34,281 / sq yd610 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Narmadapuram

Town & Country Planning (DTCP)
Building Permitapproved 11 Apr 2022 · 4 yrs ago

The promised possession date (26 Sep 2024) 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. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

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

One commercial project still under way within 25 km. The nearest 1:

Of the 79 projects the radar draws within 6 km — every kind, every stage — 1 is a commercial project still under way. This list keeps only those, and looks further out.

3.4 km awayCommercial

THE SHIVAYA DELIGHT CITY

MR. BHARAT JUGANI · Narmadapuram

Apr 2024registered
Jul 2026target completion
Declared cost₹3.33 CrScale74 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.