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SHEKHAR UNITY

P-IND-23-3968 · RERA Madhya Pradesh · https://gethorizon.in/projects/shekhar-unity-juni-indore-2an9rsa1

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHEKHAR UNITY
Units
307 flats
Unit mix
51 × Type Ca · 30 × Type B · 30 × Type 2a · 25 × Type A · 25 × Type 2b · 21 × Type F
Revised completion
29 Jul 2026extended after an approved RERA extension
Extensions
1 approved · Normalcompletion-date extension(s) granted by RERA
Quarterly reports
13 on file · latest Jan 2023 - Mar 2023quarterly progress certificates filed with RERA

Timeline

Project startedDec 2022
RERA registeredMay 2023
Proposed completionJul 2025
TodaySep 2026

Find your unit

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

307 units across 23 batches
TypeArea sq mCount
Type A25
Type B30
Type Ca51
Type Cb20
Type D16
Type E4
Type F21
Type G3
Shop6
Type 16
Type 2a30
Type 2b25
Type 34
Type 416
Type 54
Type 64
Type 7a3
Type 7b12
Type 83
Type 915
Type 103
Type 113
Type 123

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

SHEKHAR CONSTRUCTION

Proprietorship FirmPromoter type
2Projects
2Cities
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
333 homeson the public record across 2 projects
₹53.04 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.

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 SHEKHAR CONSTRUCTION— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Khasra No. 37/1/1, 37/2/2, 38/1 & 38/2/1 At Village Pipliyarao, Indore
What’s nearby
Schools1 school within 500m
HealthcareHospital 1.0km away · 5 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 1.6km away
ShoppingSupermarket 1.9km away · Mall 1.9km away
Getting around
Expressway 1.6 kmPrimary road 1.6 km · Ring RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹31.39 Cr declared to build 307 flats. What that works out to:

₹10.23 Lakhdeclared cost per flatall-in — land + construction
10%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.

₹12,508per sq yd
₹14,960per sq m
Which rate
multi-storey residential
Matched to
The rate published for “ANAR BAGH”, 30 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

KHAJRANA AVASIYA GRAM MAINROAD₹35,000 / sq m₹29,264 / sq yd90 m
NEW KHIJRABAD₹15,000 / sq m₹12,542 / sq yd150 m
SUPER PALACE₹16,500 / sq m₹13,796 / sq yd300 m
ASHRAF NAGAR₹14,960 / sq m₹12,508 / sq yd470 m
SIKANDARABAD / NAHAR SHAHVALI NAGAR AND EXTENTION / HAJI COLONY NO. 01 AVAM 02₹20,000 / sq m₹16,723 / sq yd490 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permit

The promised possession date (29 Jul 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

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

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. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

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.

See every project approved by RERA Madhya Pradesh

07

Other projects nearby

The register · within 25 km

108 residential projects still under way within 25 km. Step out ring by ring:

Of the 261 projects the radar draws within 6 km — every kind, every stage — 34 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

800 m awayApartment

SAHIL GRAND

SAHIL INFRA · Indore · Juni Indore

Nov 2022registered
Mar 2026target completion
possession revisedDeclared cost₹75.97 CrScale59 flatsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.