HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
24 flats
Revised completion
22 Oct 2026extended after an approved RERA extension
Extensions
1 approved · Normalcompletion-date extension(s) granted by RERA
Quarterly reports
6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedMay 2022
RERA registeredMay 2022
Proposed completionOct 2025
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

RADHIKA DEVCON PRIVATE LIMITED

CompanyPromoter type
9Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
388 homes · 339 plotson the public record across 9 projects
₹142.49 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
Dr. Ambedkar Nagar (Mhow)
Planning area
Other
Address
Khasra no. - 117/1/10, 138/1/2, 139, 141/2 situated at Village Umariya in Tehsil Mhow & District Indore
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 579m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.5 km · Mhow BypassPrimary road 375 mRailway line 2.9 km · DADN - INDB Rail SectionRailway station 3.5km away (Dr. Ambedkar Nagar)Limited bus connectivity nearby
Water & environment
Water body 576 mRiver 709 m · Gambhir
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹23.45 Cr declared to build 24 flats. What that works out to:

₹97.71 Lakhdeclared cost per flatall-in — land + construction
5%of the cost is land

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
Building Permit

The promised possession date (22 Oct 2025) 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

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.

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.