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SHANKARA GREENS

P-OTH-25-5637 · RERA Madhya Pradesh · https://gethorizon.in/projects/shankara-greens-punasa-pkrs8jy5

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
49 plots
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedNov 2024
RERA registeredMay 2025
Proposed completionNov 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

ARIHANT INFRA

Partnership Firm / LLPPromoter type
3Projects
3Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
10 homes · 155 plotson the public record across 3 projects
859 sq mbuilt-up filed
372 sq mland declared
₹8.70 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.

Planning authoritiesthis builder's portfolio, by approving body
Ahmedabad Urban Development AuthorityUrban Development Authority1 of 2 projects
Surat Municipal CorporationMunicipal / Corporation1 of 2 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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 ARIHANT INFRA— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Khandwa
Tehsil
Punasa
Planning area
Other
Address
Khasra No.216/1 at Village Kothi, Tehsil Punasa, District Indore (M.P)
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 656 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 1.1 km · Omkareshwar CanalRiver 3.5 km · Narmada River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.57 Cr declared to build 49 plots. What that works out to:

₹7.28 Lakhdeclared cost per plotall-in — land + construction
44%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.

₹5,853per sq yd
₹7,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 24 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

SHANKARA GREENS₹7,100 / sq m₹5,937 / sq yd370 m
KOTHI(MANDHATA) 2.SHESH ANAY KHASRA NUMBER₹5,000 / sq m₹4,181 / sq yd620 m
REVAVIHAR COLONY (KOTHI)₹8,600 / sq m₹7,191 / sq yd640 m
KOTHI (MANDHATA) MUKH ROAD SE LAGE KHASRA NUMBER₹8,000 / sq m₹6,689 / sq yd680 m
MANDHATA(KOTHI)(BADE KASBE)₹4,600 / sq m₹3,846 / sq yd870 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 Permitapproved 26 May 2025 · 1 yr ago
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

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

2 projects within 1 km — showing the nearest 2.

KhandwaPlotted Development

MEKAL SHREE DHAM

BADRINARAYAN DOGAYA

Mar 2026registered
Aug 2028target completion
Declared cost₹1.02 CrScale44 plotsAuthorityRERA Madhya Pradesh
PunasaPlotted Development

RUDRA RESIDENCY

SUNIL CHOPRA

Apr 2025registered
Aug 2027target completion
Declared cost₹1.87 CrScale62 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.