IndoreCommercial
BLOCK A SAHIL METROPOLITAN AT R.R.BUSINESS PARK
TRUE MART
Apr 2026registered
Jun 2027target completion
Declared cost₹20.72 CrScale72 flatsAuthorityRERA Madhya Pradesh
HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed ReportSAVERA HEIGHTS
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Project name
- SAVERA HEIGHTS
- Units
- 33 units
- Unit mix
- 33 × Commercial
- Revised completion
- 31 Dec 2025extended after an approved RERA extension
- Extensions
- 1 approved · Normalcompletion-date extension(s) granted by RERA
- Quarterly reports
- 5 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA
Timeline
Project startedJan 2023
RERA registeredJan 2024
Proposed completionDec 2024
TodaySep 2026
Find your unit
Filed by type and size, in the batches the builder registered — not a per-unit listing. Look yours up.
TypeArea sq mCount
Commercial—33
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).
02
Builder’s track record
RERA Madhya Pradesh · Builder registrationHUDA CONSTRUCTION COMPANY
Partnership Firm / LLPPromoter type
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
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.
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
- District
- Indore
- Tehsil
- Juni Indore
- Planning area
- Indore
- Address
- 19/1 & 19/2, KIBE COMPOUND, INDORE-452001
What’s nearby
Schools3 schools within 1km · 3 educational institutions within 1km · College or university 1.7km away
HealthcareHospital 255m away · 27 clinics within 1km · Pharmacy within 500m
LifestylePark 1.5km away · Gym or sports centre 1.4km away · 13+ restaurants and cafes within 1km
ShoppingSupermarket 1.2km away · Mall 1.1km away · ATM within 500m
Getting around
Expressway 2.8 kmPrimary road 2.8 km · Teen Imli FlyoverRailway line 663 mRailway station 787m away (Indore Junction)3 bus stops within 500m
Water & environment
River 427 m · Kanh River
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹4.57 Cr declared to build 33 flats. What that works out to:
₹13.85 Lakhdeclared cost per flatall-in — land + construction
59%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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹21,739per sq yd
₹26,000per sq m
- Which rate
- multi-storey residential
- Matched to
- The middle rate of the 564 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
| KIBE COMPOUND/BANDA COMPONUD/ MILIND COLONY ANDAR | ₹34,000 / sq m | ₹28,428 / sq yd | 40 m |
|---|---|---|---|
| RAVINDRANATH TAGORE MARG (DAVA BAZAAR PETROL PUMP MADHUMILAN CHOURAHE SE MATHURA SWEETS TAK) | ₹33,900 / sq m | ₹28,345 / sq yd | 200 m |
| PATEL PRATIMA SE NEHRU PRATIMA SADAK KE DONO AUR | ₹32,000 / sq m | ₹26,756 / sq yd | 220 m |
| MURAI MOHALLA MAIN (CHAVNI STITH) AVAM SHRDHAANAND MARG | ₹28,500 / sq m | ₹23,830 / sq yd | 240 m |
| KALALI MOHALL MAIN/SHRADHANAND MARG | ₹30,000 / sq m | ₹25,084 / sq yd | 270 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 planBuilding Permit
The promised possession date (31 Dec 2024) 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
Indore
Town & Country Planning area · Indore districtHas approved 1,123 RERA projects — about 1 in 5 in Madhya Pradesh, more than any other body in the state.
a plotted-layout market — 34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.
- Builders
- 776
- On record
- 37,289 flats · 95,164 plots
- Reach
- 10 tehsils
- Since
- 2017
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 km16 commercial projects still under way within 25 km. Step out ring by ring:
1 project within 1 km — showing the nearest 1.
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 & price analysis
- Address, pincode and declared cost: 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/savera-heights-juni-indore-19t7xx5g.
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.