HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
5 plots
Quarterly reports
6 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedAug 2022
RERA registeredOct 2024
Proposed completionMar 2026
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHIKHAR NAVNIRMAN

Partnership Firm / LLPPromoter type
2Projects
1City
2024–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
11 plotson the public record across 2 projects
₹28.09 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.

Planning authoritiesthis builder's portfolio, by approving body
IndoreTown & Country Planning (DTCP)this project1 of 2 projects
SanwerTown & 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 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
Sawer
Planning area
Indore
Address
Village - Badodiya Ema Tehsil Sawer District Indore
What’s nearby
SchoolsNearest school 1.1km away
HealthcareNearest hospital 4.5km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 793 m · Ujjain RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 2.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹16.73 Cr declared to build 5 plots. What that works out to:

₹3.35 Crdeclared cost per plotall-in — land + construction
17%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

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 28 Oct 2024 · 1 yr ago

The promised possession date (31 Mar 2026) 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

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. Your plotted layout is this body's core business.

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.

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.