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SHANKAR VIHAR GOLD

P-MNS-18-2049 · RERA Madhya Pradesh · https://gethorizon.in/projects/shankar-vihar-gold-mandsaur-74yns1ly

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHANKAR VIHAR GOLD
Revised completion
30 Dec 2021extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
10 on file · latest Oct 2018 - Dec 2018quarterly progress certificates filed with RERA

Timeline

Project startedApr 2018
RERA registeredDec 2018
Proposed completionMar 2021
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

KRISHNA CONSTRUCTION & DEVELOPERS

Partnership Firm / LLPPromoter type
2Projects
1City
2018–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
51 plotson the public record across 2 projects
₹5.15 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 KRISHNA CONSTRUCTION & DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Mandsaur
Tehsil
Mandsaur
Planning area
Mandsaur
Address
PHN.-12, Village- Tigariya, Tehsil- Mandsaur, Dist- Mandsaur, M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.1 km · Mandsaur BypassPrimary road 437 mRailway line 1.3 kmRailway station 1.7km away (Mandsor)Limited bus connectivity nearby
Water & environment
River 925 m · Sau River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.63 Cr declared. What that works out to:

36%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.

₹7,107per sq yd
₹8,500per sq m
Which rate
multi-storey residential
Matched to
The rate published for “BAMANA GALI”, 30 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

NEEM CHOUK₹9,300 / sq m₹7,776 / sq yd40 m
JALI MASJID₹8,400 / sq m₹7,023 / sq yd60 m
BHOJAKA GALI₹8,500 / sq m₹7,107 / sq yd80 m
SHRINGAR GALI₹9,300 / sq m₹7,776 / sq yd100 m
SHAIKHA CHOUK₹8,500 / sq m₹7,107 / sq yd120 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Mandsaur

Town & Country Planning (DTCP)
Building Permit

The promised possession date (31 Mar 2021) 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

Mandsaur

Town & Country Planning area · Mandsaur district

Has approved 81 RERA projects1.5% of Madhya Pradesh.

a plotted-layout market15% apartments · 85% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
61
On record
151 flats · 6,263 plots
Reach
7 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 85% plots here vs 72% 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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

No other residential and mixed-use projects still under way are on the record within 25 km.

Of the 73 projects the radar draws within 6 km — every kind, every stage — none is a residential and mixed-use project still under way. This list keeps only those, and looks further out.

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.