Is SHIVALAY RESIDENCY 2 registered under RERA?

Yes. SHIVALAY RESIDENCY 2 by SHIVALAY DEVELOPERS is on the public record with RERA Madhya Pradesh under RERA registration number P-CDW-24-5058.

When is SHIVALAY RESIDENCY 2 due for possession?

The promised completion date on file with RERA Madhya Pradesh is April 2027. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of SHIVALAY RESIDENCY 2?

SHIVALAY RESIDENCY 2 is filed by SHIVALAY DEVELOPERS (Partnership Firm / LLP), per its RERA Madhya Pradesh registration.

Which authority approved SHIVALAY RESIDENCY 2?

The layout permit for SHIVALAY RESIDENCY 2 was approved by Chhindwara. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of SHIVALAY RESIDENCY 2?

The declared project cost on record (land plus construction) is ₹2.36 crore. This is the cost the promoter declared to RERA Madhya Pradesh, not a sale or per-unit price.

Where is SHIVALAY RESIDENCY 2 located?

SHIVALAY RESIDENCY 2 is located in Chhindwara, Madhya Pradesh, as filed with RERA Madhya Pradesh.

SHIVALAY RESIDENCY 2 RERA, Chhindwara, Madhya Pradesh

Name: SHIVALAY RESIDENCY 2 — public record
Creator: RERA Madhya Pradesh

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Detailed Report

SHIVALAY RESIDENCY 2

P-CDW-24-5058 · RERA Madhya Pradesh · https://gethorizon.in/projects/shivalay-residency-2-chhindwara-5xfc8o99

Complete project overview

RERA Madhya Pradesh · Registration filing

Plots: 9 plots
Quarterly reports: 1 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedApr 2024

RERA registeredSep 2024

Proposed completionApr 2027

TodaySep 2026

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHIVALAY DEVELOPERS

Partnership Firm / LLPPromoter type

7Projects

6Cities

2017–presentActive

Timelineevery project, start → promised completion

SHIVALAY APARTMENTSHIVALAY CITYWEST GATE-2SHIVALAY HERITAGESHIVALAY RESIDENCYSHIVALAY RESIDENCY 2THE MAJESTIC

SHIVALAY RESIDENCY 2

this project

Plotted Development

Apr 2024started

Apr 2027target completion

9 plots₹2.36 Cr

Builder DNAthe whole portfolio, summed

662 homes · 53 plotson the public record across 7 projects

49,605 sq mbuilt-up filed

5,652 sq mland declared

₹29.82 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.

Planning authoritiesthis builder's portfolio, by approving body

ChhindwaraTown & Country Planning (DTCP)this project2 of 6 projects

Ahmedabad Municipal CorporationMunicipal / Corporation1 of 6 projects

Gandhinagar Urban Development AuthorityUrban Development Authority1 of 6 projects

Mahesana MunicipalityMunicipal / Corporation1 of 6 projects

Rajkot Municipal CorporationMunicipal / Corporation1 of 6 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 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.

Location & price analysis

RERA Madhya Pradesh · Registration filing

≈ area only · geocoded, verified but not exact · 22.0574, 78.9382 · © OpenStreetMap contributors

District: Chhindwara
Tehsil: Chhindwara
Planning area: Chhindwara
Address: Khasra no. 1003, Village Chhindwara, Tehsil Chhindwara, District Indore.

What’s nearby

Schools1 school within 500m

HealthcareHospital 194m away · 4 clinics within 1km

LifestyleNo parks within 2km · Gym or sports centre 1.7km away

ShoppingNo supermarket within 2km · Bank 366m away

Getting around

Primary road 22 mRailway line 1.2 kmRailway station 1.6km away (Chhindwara Junction)Limited bus connectivity nearby

Water & environment

Water body 866 mRiver 1.8 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹2.36 Cr declared to build 9 plots. What that works out to:

₹26.22 Lakhdeclared cost per plotall-in — land + construction

51%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.

Government Guidance Rate

MP Department of Registration & Stamps

In Madhya Pradesh it’s called the collector guideline rate.

₹12,542per sq yd

₹15,000per sq m

Which rate: open plot, residential
Matched to: The middle rate of the 358 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

STADIUM COMPLEX,	₹93,000 / sq m	₹77,760 / sq yd	60 m
PURANA BAIL BAZAR CHOUK SE SE C.S. COMPLEX TAK MUKHY MARG	₹32,700 / sq m	₹27,341 / sq yd	60 m
JEL TIRAHA SE AMIT THEGE CHOUK TAK	₹60,000 / sq m	₹50,168 / sq yd	60 m
C.S. COMPLEX	₹1,16,200 / sq m	₹97,158 / sq yd	90 m
JAIL TIRAHA SE UTKRIST VIDYALAYA EVAM JILA NYAYALAYA HOTE HUYEREST HOUSE TIRAHA TAK	₹40,200 / sq m	₹33,612 / sq yd	130 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.

Planning authority

RERA Madhya Pradesh · Approved building plan

Chhindwara

Town & Country Planning (DTCP)

Layout Permitapproved 11 Sep 2024 · 2 yrs 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

Chhindwara

Town & Country Planning area · Chhindwara district

Has approved 104 RERA projects — 2% of Madhya Pradesh.

a plotted-layout market — 24% apartments · 76% plotted layouts. Your plotted layout is this body's core business.

Builders: 88
On record: 1,631 flats · 14,509 plots
Reach: 7 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→

Complaints & litigation

RERA Madhya Pradesh · public record

Complaints register

Not published. RERA Madhya Pradesh doesn’t publish a complaints register in the record Horizon reads.

So there is nothing to count here — which is not the same as nothing having been filed.

What the builder declared

Declared to RERA Madhya Pradesh

Litigation: None declared in this filing

Only what the builder declared, or what RERA Madhya Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

BHUMI VIKAS BANK SKARMACHARI SAHAKARI GRAH NIRMAN SAMITI MARYADIT

Dec 2024registered

Jul 2027target completion

Declared cost₹65.74 LakhScale36 plotsAuthorityRERA Madhya Pradesh

Open the read

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.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
02Builder's track record
- RERA Madhya Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Madhya Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- MP Department of Registration & Stamps.
05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/shivalay-residency-2-chhindwara-5xfc8o99.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.