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SHASHANK NAGAR-3

P-BTL-26-6554 · RERA Madhya Pradesh · https://gethorizon.in/projects/shashank-nagar-3-betul-ua2bu71q

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHASHANK NAGAR-3
Plots
21 plots

Timeline

Project startedMar 2026
RERA registeredJun 2026
Proposed completionFeb 2029
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

BABLI RATHORE

IndividualPromoter type
2Projects
2Cities
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
41 plotson the public record across 2 projects
₹4.27 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
BetulTown & Country Planning (DTCP)this project1 of 2 projects
BhopalTown & Country Planning (DTCP)1 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 BABLI RATHORE— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Betul
Tehsil
Betul
Planning area
Betul
Address
Village Baroda Tehsil and District Betul M P
Price analysisdeclared build cost — not a sale price

₹2.59 Cr declared to build 21 plots. What that works out to:

₹12.34 Lakhdeclared cost per plotall-in — land + construction
50%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.

₹10,702per sq yd
₹12,800per sq m
Which rate
open plot, residential
Matched to
The middle rate across 164 colonies of “Betul”.
In force
2026-2027 schedule · effective Apr 2026

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 local body, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Betul

Town & Country Planning (DTCP)
Layout Permitapproved 5 Jun 2026 · 3 mo 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.

The approving body, at scale

Betul

Town & Country Planning area · Betul district

Has approved 37 RERA projects0.7% of Madhya Pradesh.

a mixed market38% apartments · 62% plotted layouts.

Builders
33
On record
471 flats · 2,068 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 38% apartments here vs 28% 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

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.