ItarsiPlotted Development
CITY CENTER
TRIPURE BUILDCON PRIVATE LIMITED
Nov 2023registered
Jul 2026target completion
Declared cost₹35.14 CrScale90 plotsAuthorityRERA Madhya Pradesh
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Detailed ReportSAI FORTUNE SMART CITY PHASE-2
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Plots
- 46 plots
- Quarterly reports
- 6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA
Timeline
Project startedAug 2024
RERA registeredNov 2024
Proposed completionMay 2027
TodaySep 2026
02
Builder’s track record
RERA Madhya Pradesh · Builder registrationBHAVYA BUILDERS
Partnership Firm / LLPPromoter type
3Projects
3Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
238 homes · 46 plotson the public record across 3 projects
32,652 sq mbuilt-up filed
10,447 sq mland declared
₹87.28 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
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authority1 of 3 projects
ItarsiTown & Country Planning (DTCP)this project1 of 3 projects
Vice Chairman, UDAUrban Development Authority1 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.
03
Location
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 assessment04
Government Guidance Rate
MP Department of Registration & StampsIn 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 yd | 60 m |
|---|---|---|---|
| IDGAH SE CHAMUNDA CHOURAHE TAK | ₹17,600 / sq m | ₹14,716 / sq yd | 80 m |
| REST HOUSE SE JANTA TALKIES HOTE HUE CHAMUNDA CHOURAHE TAK | ₹20,000 / sq m | ₹16,723 / sq yd | 100 m |
| VIJAY FARSI SE DR. GAILANI TAK | ₹11,200 / sq m | ₹9,365 / sq yd | 110 m |
| BALAJI MANDIR SE PAGARE KI TAAL TAK EK TARAF | ₹9,700 / sq m | ₹8,110 / sq yd | 120 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 planLayout Permitapproved 6 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.
The approving body, at scale
Itarsi
Town & Country Planning area · Narmadapuram districtHas approved 21 RERA projects — 0.4% of Madhya Pradesh.
a plotted-layout market — 5% 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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints register
Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Madhya Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km52 plotted projects still under way within 25 km. Step out ring by ring:
9 projects within 1 km — showing the nearest 6.
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-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
ItarsiPlotted Development
SHREE JI ENCLAVE
NISHANK MAHALAHA
Mar 2026registered
Oct 2028target completion
Declared cost₹13.31 CrScale23 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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
- 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.
- 03Location
- Address and pincode: 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).
- 04Government Guidance Rate
- MP Department of Registration & Stamps.
- 05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
- 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/sai-fortune-smart-city-phase-2-itarsi-lgw6eic5.
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.