HORIZONMarkets

Timeline

Project startedJan 2014
RERA registeredDec 2017
Proposed completionJun 2019
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHRI PRABHAKAR CONSTRUCTION

Partnership Firm / LLPPromoter type
4Projects
2Cities
2017–2019Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
4 projectson the public record across 4 projects
₹78.64 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
Raisen
Tehsil
Goharganj
Planning area
Mandideep
Address
Khasra no 177/3/1, village Pipaliya, Gajju, Patwari Halk no 3, Tehsil Goharganj, District Raisen
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 898m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.1 kmRailway line 402 mRailway station 703m away (Mandideep)Limited bus connectivity nearby
Water & environment
River 1.8 km · Ajmar
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.97 Cr declared. What that works out to:

49%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

Mandideep

Town & Country Planning (DTCP)
Building Permitapproved 1 Dec 2017 · 8 yrs ago

The promised possession date (30 Jun 2019) 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.

The approving body, at scale

Mandideep

Town & Country Planning area · Raisen district

Has approved 28 RERA projects0.5% of Madhya Pradesh.

a mixed market54% apartments · 46% plotted layouts.

Builders
20
On record
660 flats · 2,449 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 54% 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.

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.