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SANSKAR NIDHI

P-OTH-20-2589 · RERA Madhya Pradesh · https://gethorizon.in/projects/sanskar-nidhi-panagar-dvyv76ov

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SANSKAR NIDHI
Plots
115 plots
Unit mix
62 × Miscellanious Plot · 50 × 20 * 50 Plot · 3 × 25 * 50 Plot
Revised completion
1 Oct 2023extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
19 on file · latest Jan 2020 - Mar 2020quarterly progress certificates filed with RERA

Timeline

Project startedJan 2020
RERA registeredMar 2020
Proposed completionJan 2023
TodaySep 2026

Find your plot

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

115 plots across 3 batches
TypeArea sq mCount
25 * 50 Plot3
20 * 50 Plot50
Miscellanious Plot62

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 size 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

GALA DEVELOPES

Partnership Firm / LLPPromoter type
5Projects
1City
2018–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
633 plotson the public record across 5 projects
₹483290.17 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 GALA DEVELOPES— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Jabalpur
Tehsil
Panagar
Planning area
Other
Address
SURTALAI ,DAMOH ROAD , TEHSIL PANAGAR DISTT. JABALPUR
What’s nearby
Schools1 school within 1km
HealthcareHospital 706m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 500m away
Getting around
Expressway 2.8 kmPrimary road 11 mRailway line 2.9 kmRailway station 3.1km away (Kachhpura)Bus stop within 1km
Water & environment
Water body 580 mRiver 2.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.77 Cr declared to build 115 plots. What that works out to:

₹3.27 Lakhdeclared cost per plotall-in — land + construction
48%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.

₹29,264per sq yd
₹35,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 222 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

SHANTI NAGAR SE PACHOURI PETROL PUMP WARD KI SEEMA TAK MUKHYA ROAD SH₹45,000 / sq m₹37,626 / sq yd120 m
CHANDALBHATA SE WARD KI SEEMA SE DEENDAYAL CHOURAHE TAK₹45,000 / sq m₹37,626 / sq yd230 m
KRISHI UPAJ MANDI KA SAMPOORNA KSHETRA₹30,000 / sq m₹25,084 / sq yd490 m
WARD KI ANYA COLONY EVAM SHESH KSHETRA₹22,000 / sq m₹18,395 / sq yd570 m
DAMOHNAKA CHOWK SE CHANDALBHATA WARD KI SEEMA TAK MUKHYA ROAD SH₹45,000 / sq m₹37,626 / 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 locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan
Layout Permit

The promised possession date (1 Jan 2023) 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.

07

Other projects nearby

The register · within 25 km

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

Of the 137 projects the radar draws within 6 km — every kind, every stage — 33 are plotted projects still under way. This list keeps only those, and looks further out.

26 projects between 1 and 3 km — showing the nearest 6.

JabalpurPlotted Development

SILVER PARK

SHREE KAPEESHWAR ASSOCIATES

Feb 2024registered
Oct 2026target completion
Declared cost₹4.20 CrScale198 plotsAuthorityRERA Madhya Pradesh
JabalpurPlotted Development

SAMDARIYA RESIDENCY 2

MAA PADMA CONSTRUCTION

Sep 2024registered
May 2027target completion
Declared cost₹49.60 LakhScale18 plotsAuthorityRERA Madhya Pradesh
JabalpurPlotted Development

KUBER PARISAR

RAKESH KUMAR BADERIA

Jan 2025registered
Apr 2028target completion
Declared cost₹5.23 LakhScale70 plotsAuthorityRERA Madhya Pradesh
JabalpurPlotted Development

NARMADA COUNTY

PRABHATAM BUILDTECH LIMITED

Apr 2025registered
Jan 2028target completion
Declared cost₹6.01 CrScale31 plotsAuthorityRERA Madhya Pradesh
JabalpurPlotted Development

KRISHNA ELITE PHASE 2

NARMADA NIRVANA LLP

Feb 2026registered
Nov 2028target completion
Declared cost₹3.99 CrScale16 plotsAuthorityRERA Madhya Pradesh
JabalpurPlotted Development

GULSHAN GREEN VILLAS

VIJAN PROJECTS

Jan 2026registered
Feb 2028target completion
Declared cost₹10.05 CrScale102 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.