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SHIV VATIKA

P-BNW-25-5896 · RERA Madhya Pradesh · https://gethorizon.in/projects/shiv-vatika-badnawar-1vntlojy

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
15 plots
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedOct 2024
RERA registeredAug 2025
Proposed completionFeb 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE LABHASVA DEVELOPERS

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
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
Dhar
Tehsil
Badnawar
Planning area
Badnawar
Address
Survey No. 274/1/2/1/1/1 & 274/1/2/1/1/2 At Village Rangara Khedi, Tehsil Badnawar & District Dhar, M.P.
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.1 kmPrimary road 3.3 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 738 m · Chamla
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.97 Cr declared to build 15 plots. What that works out to:

₹13.13 Lakhdeclared cost per plotall-in — land + construction
42%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.

₹8,361per sq yd
₹10,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 15 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

RANGARAKHEDI ROAD SE ANDAR₹3,000 / sq m₹2,508 / sq yd660 m
SNOLI ROAD SE ANDAR₹2,500 / sq m₹2,090 / sq yd1.8 km
BHIMPURA₹2,000 / sq m₹1,672 / sq yd2.0 km
SNOLI ROAD PAR RAJMARG₹4,000 / sq m₹3,345 / sq yd2.0 km
NAGADA ROAD PAR RAJYA MARG₹30,000 / sq m₹25,084 / sq yd2.1 km

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

Badnawar

Town & Country Planning (DTCP)
Layout Permitapproved 28 Aug 2025 · 1 yr ago
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

Badnawar

Town & Country Planning area · Dhar district

Has approved 19 RERA projects0.4% of Madhya Pradesh.

a plotted-layout market0% apartments · 100% plotted layouts. Your plotted layout is this body's core business.

Builders
18
On record
0 flats · 2,309 plots
Reach
3 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 100% plots here vs 72% 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

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

3 projects within 10 km — showing the nearest 3.

BadnawarPlotted Development

VRINDAVAN VIHAR

JJ CONSTRUCTION AND DEVELOPERS

Aug 2025registered
Sep 2027target completion
Declared cost₹4.40 CrScale48 plotsAuthorityRERA Madhya Pradesh
BadnawarPlotted Development

VRINDAVAN GREENS

VIVAN DEVELOPERS

May 2026registered
Dec 2028target completion
Declared cost₹2.86 CrScale49 plotsAuthorityRERA Madhya Pradesh
BadnawarPlotted Development

AMBIKA VIHAR

AAYUSH NAHAR

May 2026registered
Dec 2028target completion
Declared cost₹1.15 CrScale47 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.