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SHASTRI NAGAR RESIDENTIAL

P-VDS-17-531 · RERA Madhya Pradesh · https://gethorizon.in/projects/shastri-nagar-residential-vidisha-8bsnmepe

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHASTRI NAGAR RESIDENTIAL
Units
465 units
Unit mix
104 × Shops Block B · 72 × Shops Block C · 69 × Duplex 23*50 · 59 × Duplex 23*40 · 58 × Duplex 25*40 · 38 × Flats Block B
Quarterly reports
4 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedJan 2009
RERA registeredSep 2017
Proposed completionDec 2018
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

465 units across 10 batches
TypeArea sq mCount
Duplex 23*5069
Duplex 25*4058
Duplex 23*4059
Singlex 25*4014
Singlex 23*406
Plots19
Flats Block B38
Shops Block B104
Flats Block C26
Shops Block C72

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

DILIP DEVELOPERS AND CONSTRUCTION PVT. LTD

CompanyPromoter type
6Projects
3Cities
2017–2020Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
624 homes · 562 plotson the public record across 6 projects
₹52.82 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
BhopalTown & Country Planning (DTCP)3 of 6 projects
VidishaTown & Country Planning (DTCP)this project3 of 6 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 DILIP DEVELOPERS AND CONSTRUCTION PVT. LTD— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Vidisha
Tehsil
Vidisha
Planning area
Vidisha
Address
SANCHI ROAD VIDISHA
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 160m away
LifestylePark 1.1km away
ShoppingNo supermarket within 2km
Getting around
Expressway 123 mPrimary road 50 mRailway line 846 mRailway station 1.9km away (Vidisha)Bus stop within 1km
Water & environment
River 847 m · BetwaWater body 984 m · NeemTal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹19.75 Cr declared to build 465 flats. What that works out to:

₹4.25 Lakhdeclared cost per flatall-in — land + construction
17%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.

₹18,395per sq yd
₹22,000per sq m
Which rate
RCC construction
Matched to
The middle rate of the 246 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

SHASHTRI NAGAR₹27,500 / sq m₹22,994 / sq yd160 m
BASODA MAIN BYPASS ROAD₹31,000 / sq m₹25,920 / sq yd370 m
ORBIT HEIGHTS₹31,000 / sq m₹25,920 / sq yd380 m
BHOPAL SAGAR ROAD (SANCHI ROAD)₹41,000 / sq m₹34,281 / sq yd400 m
ANUPAM MEGA CITY₹24,000 / sq m₹20,067 / sq yd420 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

Vidisha

Town & Country Planning (DTCP)
Building Permitapproved 22 Sep 2017 · 9 yrs ago

The promised possession date (31 Dec 2018) 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

Vidisha

Town & Country Planning area · Vidisha district

Has approved 30 RERA projects0.6% of Madhya Pradesh.

a mixed market40% apartments · 60% plotted layouts.

Builders
22
On record
1,994 flats · 2,748 plots
Reach
4 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 40% 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

07

Other projects nearby

The register · within 25 km

No other commercial projects still under way are on the record within 25 km.

Of the 23 projects the radar draws within 6 km — every kind, every stage — none is a commercial 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.