HORIZONMarkets
01

Complete project overview

RERA Bihar · Registration filing
Land area
729 sq m
Built-up area
1,258 sq m

Timeline

Project startedMar 2024
RERA registeredApr 2024
Proposed completionJul 2028
TodayJul 2026
02

Builder’s track record

RERA Bihar · Promoter registration

SAI MEGA REAL DEVELOPERS PRIVATE LIMITED

CompanyPromoter type
Patna, BiharBased in
---Select---Also RERA-registered in
2Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
21 homeson the public record across 2 projects
3,468 sq mbuilt-up filed
1,735 sq mland declared
₹12.86 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.

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 Bihar · Registration filing
District
Patna
Village
Patna
Address
PATEL NAGAR, SHASHTRI NAGAR, PATNA
What’s nearby
Schools1 school within 500m · 5 educational institutions within 1km · Library 1.7km away
HealthcareHospital 827m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 1.3km away · Gym or sports centre 943m away · 5 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Mall 1.9km away · Bank 519m away
Getting around
Expressway 1.3 km · Bailey RoadPrimary road 915 m · Atal Path FlyoverRailway line 2.8 km · Howrah - Delhi RailwayRailway station 2.8km away (Sachiwalaya)Bus stop within 1km
Water & environment
Water body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.30 Cr declared. What that works out to:

50%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 Bihar · Approved building plan
Building Permit
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.

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.
  • Construction progress — RERA Bihar does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RERA Bihar does not publish a complaints register. This read cannot speak to them either way.