HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
64 plots
Quarterly reports
3 on file · latest Jul 2025 - Sep 2025quarterly progress certificates filed with RERA

Timeline

Project startedOct 2024
RERA registeredAug 2025
Proposed completionOct 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SAI DEVELOPERS

Proprietorship FirmPromoter type
59Projects
36Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
3,387 homes · 403 plotson the public record across 59 projects
1,44,816 sq mbuilt-up filed
1,09,616 sq mland declared
₹406.53 Crdeclared build cost

Build cost is what the promoter 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.

Planning authoritiesthis builder's portfolio, by approving body
Surat Municipal CorporationMunicipal / Corporation4 of 34 projects
Rajkot Municipal CorporationMunicipal / Corporation3 of 34 projects
Ahmedabad Municipal CorporationMunicipal / Corporation2 of 34 projects
Ahmedabad Urban Development AuthorityUrban Development Authority2 of 34 projects
Others2 of 34 projects
Surat Urban Development AuthorityUrban Development Authority2 of 34 projects
Vadodara Municipal CorporationMunicipal / Corporation2 of 34 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 34 projects
Bellary Urban Development AuthorityUrban Development Authority1 of 34 projects
Bhor Municipal CouncilMunicipal Council1 of 34 projects
Jaysingpur Municipal CouncilMunicipal Council1 of 34 projects
KhandwaTown & Country Planning (DTCP)1 of 34 projects
KukshiTown & Country Planning (DTCP)1 of 34 projects
MandideepTown & Country Planning (DTCP)this project1 of 34 projects
Nashik Municipal Coorporation1 of 34 projects
Nashik Municipal CorporationMunicipal Corporation1 of 34 projects
Pardi MunicipalityMunicipal / Corporation1 of 34 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 34 projects
Poona Municipal Coorporation1 of 34 projects
Pune Metropolitan Region Development AuthorityMetropolitan Development Authority1 of 34 projects
Pune Municipal CorporationMunicipal Corporation1 of 34 projects
Tumakuru Urban Development AuthorityUrban Development Authority1 of 34 projects
Valsad MunicipalityMunicipal / Corporation1 of 34 projects
Visnagar MunicipalityMunicipal / Corporation1 of 34 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, 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
Raisen
Tehsil
Goharganj
Planning area
Mandideep
Address
VILLAGE-MENDUA, TEHSIL- GOHARGANJ, DISTRICT RAISEN
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.0km away
LifestyleNo parks within 2km · Gym or sports centre 1.8km away
ShoppingNo supermarket within 2km
Getting around
Expressway 3.7 kmRailway line 4.4 kmRailway station 4.5km away (Mandideep)Limited bus connectivity nearby
Water & environment
River 494 m · Ajmar
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹11.89 Cr declared to build 64 plots. What that works out to:

₹18.57 Lakhdeclared cost per plotall-in — land + construction
65%of the cost is land

This is what the promoter 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

Planning authority

RERA Madhya Pradesh · Approved building plan

Mandideep

Town & Country Planning (DTCP)
Layout Permitapproved 12 Aug 2025 · 11 mo ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Mandideep

Town & Country Planning area · Raisen district

Has approved 28 RERA projects0.5% of Madhya Pradesh.

a mixed market54% apartments · 46% plotted layouts.

Builders
20
On record
660 flats · 2,449 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 54% 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.

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.