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Detailed Report

SHREE NAKODA DHAM

P-DWS-24-5203 · RERA Madhya Pradesh · https://gethorizon.in/projects/shree-nakoda-dham-dewas-kd91gfhy

01

Complete project overview

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

Timeline

Project startedAug 2024
RERA registeredNov 2024
Proposed completionJul 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

GIN DEVELOPERS

Partnership Firm / LLPPromoter type
2Projects
2Cities
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
69 plotson the public record across 2 projects
₹11.84 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.

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.

More from GIN DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
≈ area only · geocoded, verified but not exact · 22.9750, 76.0624 · © OpenStreetMap contributors
District
Dewas
Tehsil
Dewas
Planning area
Dewas
Address
Survey No. 142, 143 & 144/3 at Village Medkichak, Tehsill Dewas Nagar & District Dewas.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 936m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 1.2km away
Getting around
Expressway 2.3 km · Dewas BypassPrimary road 788 mRailway line 1.1 km · DWX - MKC Rail SectionRailway station 1.1km away (Dewas Junction)Limited bus connectivity nearby
Water & environment
Water body 1.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.88 Cr declared to build 37 plots. What that works out to:

₹7.79 Lakhdeclared cost per plotall-in — land + construction
25%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 436 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

HOUSING BOARD COLONY RADHAGANJ (DEWAS SENIOR)₹9,600 / sq m₹8,027 / sq yd160 m
YASHODA APARTMENT SE POLICE LINE CHOKI TAK ROAD PAR (DEWAS SENIOR)₹11,500 / sq m₹9,615 / sq yd270 m
CHAMUNDA KUNJ ROAD PAR (DEWAS JUNIOR)₹38,000 / sq m₹31,773 / sq yd270 m
POLICE LINE CHOKI SE B.N.P. GATE TAK ROAD PAR (DEWAS SENIOR)₹12,000 / sq m₹10,034 / sq yd310 m
CHAMUNDA KUNJ COLONY ANDAR (DEWAS JUNIOR)₹7,200 / sq m₹6,020 / sq yd320 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

Dewas

Town & Country Planning (DTCP)
Layout Permitapproved 19 Nov 2024 · 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

Dewas

Town & Country Planning area · Dewas district

Has approved 135 RERA projects2.5% of Madhya Pradesh.

a plotted-layout market5% apartments · 95% plotted layouts. Your plotted layout is this body's core business.

Builders
111
On record
386 flats · 13,483 plots
Reach
8 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 95% 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

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

2 projects within 1 km — showing the nearest 2.

Dewas NagarPlotted Development

SWASTIK HIGHWAY CITY

VINAYAK BUILDCON

Jun 2025registered
Jan 2029target completion
Declared cost₹9.32 CrScale46 plotsAuthorityRERA Madhya Pradesh
Dewas NagarPlotted Development

GOLD CITY

TRIDENT DEVELOPERS

Jan 2025registered
Sep 2028target completion
Declared cost₹9.86 CrScale115 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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
  2. 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.
  3. 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).
  4. 04Government Guidance Rate
    • MP Department of Registration & Stamps.
  5. 05Planning authority
    • RERA Madhya Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Madhya Pradesh's public record lists no complaints or litigation for this project.
  7. 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-nakoda-dham-dewas-kd91gfhy.

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.