HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
120 plots
Quarterly reports
6 on file · latest Jul 2024 - Sep 2024quarterly progress certificates filed with RERA

Timeline

Project startedMar 2024
RERA registeredAug 2024
Proposed completionMar 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

BALAJI REAL ESTATE

Partnership Firm / LLPPromoter type
3Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
356 plotson the public record across 3 projects
₹52.15 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

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
KH NO 249, 274/5/2, 275/1/1, 275/1/2, 275/2/1, 275/2/2, GRAM HINGONIYA, INDORE
What’s nearby
Schools3 schools within 500m · 8 educational institutions within 1km
HealthcareHospital 82m away · 109 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 771m away · 39+ restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.2km away · Convenience store within 1km
Getting around
Expressway 3.9 kmPrimary road 1.5 km · Ring RoadRailway line 2.2 kmRailway station 2.3km away (Indore Junction)7 bus stops within 500m
Water & environment
Water body 1.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1,000 declared to build 120 plots. What that works out to:

₹8declared cost per plotall-in — land + construction

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

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 5 Aug 2024 · 1 yr ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Your plotted layout is this body's core business.

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.

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.