1 Apr 2023extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
26 on file · latest Oct 2019 - Dec 2019quarterly progress certificates filed with RERA
Timeline
Project startedSep 2019
RERA registeredOct 2019
Proposed completionJul 2022
TodaySep 2026
Find your flat
Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.
60 units across 1 batch
TypeArea sq mCount
2BHK—60
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 type exist, not how many are still unsold (this state's filing carries no booking count).
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
Sapphire Tower Bawadia Kalan Bhopal
What’s nearby
Schools1 school within 1km · College or university 538m away
HealthcareHospital 186m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 365m away
ShoppingSupermarket 963m away · Mall 880m away
Getting around
Primary road 1.6 kmRailway line 1.5 kmRailway station 2.5km away (Misrod)Limited bus connectivity nearby
Water & environment
River 778 m · AjmarCanal 2.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹7.55 Cr declared to build 60 flats. What that works out to:
₹12.59 Lakhdeclared cost per flatall-in — land + construction
22%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.
Location & price analysis — done
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
multi-storey residential
Matched to
The middle rate of the 164 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
GULMOHAR SE AAKRATI ECO CITY TAK MUKHYA MARG PAR
₹90,000 / sq m
₹75,251 / sq yd
100 m
VIRASHA STC
₹68,500 / sq m
₹57,275 / sq yd
210 m
PRIYADARSHINI PLEASURE
₹37,500 / sq m
₹31,355 / sq yd
300 m
SOUTH CITY EXTENSSION EVAM ENCLAVE
₹32,500 / sq m
₹27,174 / sq yd
340 m
PRIYADARSHINI NILAYAM MAIN ROAD SE ANDAR
₹37,500 / sq m
₹31,355 / sq yd
370 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.
Government Guidance Rate — done
05
Planning authority
RERA Madhya Pradesh · Approved building plan
Bhopal
Town & Country Planning (DTCP)
Building Permit
The promised possession date (1 Jul 2022) 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.
The approving body, at scale
Bhopal
Town & Country Planning area · Bhopal district
Has approved 726 RERA projects — about 1 in 7 in Madhya Pradesh.
a mixed market — 63% apartments · 37% plotted layouts.
Builders
444
On record
45,421 flats · 32,913.65 plots
Reach
2 tehsils
Since
2017
More apartment-heavy than Madhya Pradesh overall — 63% apartments here vs 28% 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.
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.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
75 residential projects still under way within 25 km. Step out ring by ring: