HORIZONMarkets
01

Complete project overview

UP-RERA · Registration filing
Land area
85,278 sq m

Timeline

Project startedNov 2018
RERA registeredNov 2018
Proposed completionMay 2023
TodayJul 2026
02

Builder’s track record

UP-RERA · Promoter registration

SAPPHIRE INFRAVENTURES PVT. LTD.

CompanyPromoter type
4Registered projects
2Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Sapphire RoyaleSrishti

Sapphire Royale

this project
Residential
Nov 2018started
May 2023target completion
₹40.97 Cr
Builder DNAthe whole portfolio, summed
126 homeson the public record across 2 projects
87,698 sq mland declared
₹55.93 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

UP-RERA · Registration filing
District
Lucknow
Tehsil
Mohanlalganj
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 452 m · Sultanpur RoadRailway line 34 m · Varanasi–Sultanpur–Lucknow lineRailway station 2.4km away (Anupganj)Limited bus connectivity nearby
Water & environment
Canal 424 mWater body 2.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹40.97 Cr declared. What that works out to:

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

UP-RERA · Approved building plan
approved 19 May 2018 · 8 yrs ago
Building Permit no. 42958

The promised possession date (17 May 2023) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

Completion Certificate — the occupancy sign-off, on record

A Completion Certificateis on this project’s RERA record (dated 3 Feb 2024)— the completion / legal-to-occupy sign-off that most RERA records simply don’t carry. It is issued by the planning authority, not by RERA. Still confirm it covers your specific unit before you rely on it.

Verify it yourself — look up plan 42958 on the approving authority’s portal to confirm the sanction.

Complaints register

None on record with UP-RERA against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

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 — UP-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.