HORIZON
Share

SAI ELITE ROYAL

P-ITR-26-6446 · RERA Madhya Pradesh · https://gethorizon.in/projects/sai-elite-royal-itarsi-ts6jzf91

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SAI ELITE ROYAL
Plots
47 plots

Timeline

Project startedNov 2025
RERA registeredApr 2026
Proposed completionJun 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

MRS AMAR JYOTI BHADORIYA

IndividualPromoter type
3Projects
2Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
236 plotson the public record across 3 projects
₹865384.78 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.

Planning authoritiesthis builder's portfolio, by approving body
NarmadapuramTown & Country Planning (DTCP)2 of 3 projects
ItarsiTown & Country Planning (DTCP)this project1 of 3 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 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 MRS AMAR JYOTI BHADORIYA— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Narmadapuram
Tehsil
Itarsi
Planning area
Itarsi
Address
VILLAGE SONASAWARI, TEHSIL ITARSI, DISTRICT NARMADAPURAM
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 122m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.8 kmPrimary road 1.4 kmRailway line 463 mRailway station 583m away (Itarsi Junction)Limited bus connectivity nearby
Water & environment
Water body 577 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.92 Cr declared to build 47 plots. What that works out to:

₹12.60 Lakhdeclared cost per plotall-in — land + construction
75%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.

₹10,034per sq yd
₹12,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 157 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

M P AUTO HOUSE SE MATA MAI MANDIR TAK DR. SAHU WALA AREA₹16,000 / sq m₹13,378 / sq yd60 m
IDGAH SE CHAMUNDA CHOURAHE TAK₹17,600 / sq m₹14,716 / sq yd80 m
REST HOUSE SE JANTA TALKIES HOTE HUE CHAMUNDA CHOURAHE TAK₹20,000 / sq m₹16,723 / sq yd100 m
VIJAY FARSI SE DR. GAILANI TAK₹11,200 / sq m₹9,365 / sq yd110 m
BALAJI MANDIR SE PAGARE KI TAAL TAK EK TARAF₹9,700 / sq m₹8,110 / sq yd120 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

Itarsi

Town & Country Planning (DTCP)
Layout Permitapproved 28 Apr 2026 · 5 mo 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.

The approving body, at scale

Itarsi

Town & Country Planning area · Narmadapuram district

Has approved 21 RERA projects0.4% of Madhya Pradesh.

a plotted-layout market5% apartments · 95% plotted layouts. Your plotted layout is this body's core business.

Builders
20
On record
24 flats · 3,150 plots
Since
2017

More layout-heavy than Madhya Pradesh overall — 95% 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

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

9 projects within 1 km — showing the nearest 6.

ItarsiPlotted Development

CITY CENTER

TRIPURE BUILDCON PRIVATE LIMITED

Nov 2023registered
Jul 2026target completion
Declared cost₹35.14 CrScale90 plotsAuthorityRERA Madhya Pradesh
ItarsiPlotted Development

SHREE KRISHNA VIHAR

SHRI KRISHNA DEVELOPERS

Jan 2024registered
Nov 2026target completion
possession revisedDeclared cost₹3.44 CrScale89 plotsAuthorityRERA Madhya Pradesh
ItarsiPlotted Development

SHRI RADHA VALLEY

SHRI MAHESH PRABHU INFRA

Apr 2025registered
Jul 2027target completion
Declared cost₹2.42 CrScale48 plotsAuthorityRERA Madhya Pradesh
ItarsiPlotted Development

SAI FORTUNE SMART CITY PHASE-2

BHAVYA BUILDERS

Nov 2024registered
May 2027target completion
Government Guidance Rate₹10,034/sq ydScale46 plotsAuthorityRERA Madhya Pradesh
ItarsiPlotted Development

SAI FORTUNE SMART CITY PHASE-1

NIRMAN SHREE BUILDERS

Sep 2024registered
May 2027target completion
Government Guidance Rate₹10,034/sq ydScale42 plotsAuthorityRERA Madhya Pradesh
ItarsiPlotted Development

SHRI SHYAM RESIDENCY

SHYAM BUILDER AND DEVLOPERS

Sep 2025registered
May 2028target completion
Declared cost₹4.45 CrScale54 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.