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SHIV KASTURI VATIKA

P-BPL-20-2538 · RERA Madhya Pradesh · https://gethorizon.in/projects/shiv-kasturi-vatika-bhopal-huzur-88be0ylb

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHIV KASTURI VATIKA
Plots
195 plots
Unit mix
195 × Residential Plot
Revised completion
25 Sep 2023extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
24 on file · latest Jan 2020 - Mar 2020quarterly progress certificates filed with RERA

Timeline

Project startedDec 2019
RERA registeredFeb 2020
Proposed completionDec 2022
TodaySep 2026

Find your plot

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

195 plots across 1 batch
TypeArea sq mCount
Residential Plot195

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 size 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

SWAPNIL BUILDERS

Partnership Firm / LLPPromoter type
1Projects
1City
2020–2022Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. 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
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
KHASRA NO 324/2,324/3,325/1,325/2/1 AT VILLAGE VARAI TEH. & DISTT. BHOPAL
What’s nearby
Schools3 schools within 1km · 5 educational institutions within 1km · College or university 817m away
HealthcareHospital 297m away
LifestylePark 1.0km away · Gym or sports centre 1.6km away · 5 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Mall 713m away · Bank 374m away
Getting around
Primary road 221 mRailway line 39 mRailway station 730m away (Bhopal Junction)Bus stop within 1km
Water & environment
Water body 1.4 km · Lower Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.81 Cr declared to build 195 plots. What that works out to:

₹5.03 Lakhdeclared cost per plotall-in — land + construction
39%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.

₹20,903per sq yd
₹25,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 428 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

CAPITAL HOTEL KE PEECHE KA BHAG STATION₹14,400 / sq m₹12,040 / sq yd80 m
SHANKARACHARYA NAGAR / STATION BAJARIYA₹15,000 / sq m₹12,542 / sq yd210 m
SANGAM TALKIES TIRAHE SE CENTRAL LIBRARY TAK₹40,000 / sq m₹33,445 / sq yd220 m
OVER BRIDGE SE RAILWAY INSTITUTE TAK₹52,000 / sq m₹43,479 / sq yd290 m
BHARAT TALKIES / PULL BOGDA / CHIKLOD MARG₹48,000 / sq m₹40,134 / sq yd300 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

Bhopal

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (25 Dec 2022) 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

Bhopal

Town & Country Planning area · Bhopal district

Has approved 726 RERA projectsabout 1 in 7 in Madhya Pradesh.

a mixed market63% apartments · 37% plotted layouts.

Builders
444
On record
45,421 flats · 32,913.65 plots
Reach
2 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 63% 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

89 plotted projects still under way within 25 km. Step out ring by ring:

1 project within 1 km — showing the nearest 1.

BhopalPlotted Development

SAGE BUNGALOW

SAGE COLONIZERS

Apr 2024registered
Mar 2027target completion
Declared cost₹2.57 CrScale22 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.