BhopalPlotted Development
SIDDHI SHUBHAM
SHAKUNTALA BADRI PRASAD PATEL
Jun 2024registered
Apr 2026target completion
⚠ possession revisedDeclared cost₹7.20 CrScale7 plotsAuthorityRERA Madhya Pradesh
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Detailed ReportSHREE BALAJI ENCLAVE
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Plots
- 37 plots
- Quarterly reports
- 5 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA
Timeline
Project startedMay 2023
RERA registeredJul 2025
Proposed completionMar 2028
TodaySep 2026
02
Builder’s track record
RERA Madhya Pradesh · Builder registrationSHREE BALAJI DEVELOPERS
Partnership Firm / LLPPromoter type
23Projects
16Cities
2017–presentActive
Timelineevery project, start → promised completion
PNT SQUARESPARSH RESIDENCYThe Hub-B WingSHREEMAD ELEGANCEAMEYYA CO OP HSG SOC LTDSHANTI NIKETANShree Balaji PrideJijai ApartmentSHREE BALAJI DEVELOPERSV N CITYBALAJI RESIDENCYShri Ram KunjSHREE BALAJI HEIGHTSSHREE BALAJI ENCLAVES B HIGHT IIKAUSHALYA EMPIREReliable Commercial ComplexGarden Estate Phase -IIVaishnodevi Elite HomesBhiwadi City CenterBALAJI ICONSK KISHAN RESIDENCY D WINGSHREE SHYAM RESIDENCY
Builder DNAthe whole portfolio, summed
1,240 homes · 488 plotson the public record across 23 projects
79,612 sq mbuilt-up filed
2,792 sq mplotted area
55,268 sq mland declared
₹110.64 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
Nashik Municipal CorporationMunicipal Corporation4 of 14 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 14 projects
Bhiwadi Integrated Development AuthorityUrban Development Authority1 of 14 projects
BhopalTown & Country Planning (DTCP)this project1 of 14 projects
BurhanpurTown & Country Planning (DTCP)1 of 14 projects
Kalyan Dombivli Municipal CorporationMunicipal Corporation1 of 14 projects
Navi Mumbai Mumncipal Corporation1 of 14 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 14 projects
Surat Municipal CorporationMunicipal / Corporation1 of 14 projects
Uran Municipal CouncilMunicipal Council1 of 14 projects
Vadodara Urban Development AuthorityUrban Development Authority1 of 14 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.
03
Location & price analysis
RERA Madhya Pradesh · Registration filing
- District
- Bhopal
- Tehsil
- Huzur
- Planning area
- Bhopal
- Address
- KHASRA NO. 214/1/7,214/1/8,214/1/9 at Village Maholi, Tehsil -Huzur , Distt. BHopal.(M.P.)
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.9 kmPrimary road 3.8 kmRailway line 1.3 kmRailway station 2.5km away (Mandideep)Limited bus connectivity nearby
Water & environment
River 870 m · Ajmar
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹2.48 Cr declared to build 37 plots. What that works out to:
₹6.70 Lakhdeclared cost per plotall-in — land + construction
5%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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹10,452per sq yd
₹12,500per sq m
- Which rate
- open plot, residential
- Matched to
- The middle rate of the 70 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
| KOTARA | ₹5,000 / sq m | ₹4,181 / sq yd | 310 m |
|---|---|---|---|
| TAPATI INFRA , KOTARA | ₹7,400 / sq m | ₹6,187 / sq yd | 520 m |
| PIPALIYA RANI | ₹5,000 / sq m | ₹4,181 / sq yd | 780 m |
| HIMANSHU GREEN, KOTRA | ₹7,400 / sq m | ₹6,187 / sq yd | 790 m |
| CORAL MANGAL, KOTARA | ₹7,400 / sq m | ₹6,187 / sq yd | 890 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 planLayout Permitapproved 21 Jul 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
Bhopal
Town & Country Planning area · Bhopal districtHas approved 726 RERA projects — about 1 in 7 in Madhya Pradesh.
a mixed market — 63% 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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints 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.
Not a clean bill. An empty record means nothing was filed with RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km90 plotted projects still under way within 25 km. Step out ring by ring:
1 project within 1 km — showing the nearest 1.
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/shree-balaji-enclave-bhopal-huzur-vfpq5uxx.
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.