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SHREE VINAYAK COLONY

P-RTM-25-5358 · RERA Madhya Pradesh · https://gethorizon.in/projects/shree-vinayak-colony-ratlam-pk4gfb0y

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
35 plots
Quarterly reports
4 on file · latest Jan 2025 - Mar 2025quarterly progress certificates filed with RERA

Timeline

Project startedJun 2021
RERA registeredJan 2025
Proposed completionJun 2025
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE VINAYAK DEVELOPERS

Partnership Firm / LLPPromoter type
15Projects
8Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
506 homes · 46 plotson the public record across 15 projects
24,454 sq mbuilt-up filed
10,473 sq mland declared
₹77.00 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
Vadodara Municipal CorporationMunicipal / Corporation3 of 14 projects
NarsinghgarhTown & Country Planning (DTCP)2 of 14 projects
Others2 of 14 projects
Rajkot Urban Development AuthorityUrban Development Authority2 of 14 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 14 projects
City and Industrial Development Corporation (CIDCO)Development Authority1 of 14 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 14 projects
RatlamTown & Country Planning (DTCP)this project1 of 14 projects
SanwerTown & Country Planning (DTCP)1 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.

More from SHREE VINAYAK DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Ratlam
Tehsil
Ratlam
Planning area
Ratlam
Address
16/2, 18/1,19,20/1,22/1,21,84/11/1/2 AT KARAMDI RATLAM (M.P.) 457001
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.6 kmPrimary road 192 mRailway line 3.6 kmRailway station 4.4km away (Dr. Radhakrishna Nagar)Limited bus connectivity nearby
Water & environment
River 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.29 Cr declared to build 35 plots. What that works out to:

₹12.27 Lakhdeclared cost per plotall-in — land + construction
56%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.

₹5,853per sq yd
₹7,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 117 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

KARMADI-S ROAD SE HATKER NAGAR NIGAM KE BAHAR₹2,600 / sq m₹2,174 / sq yd100 m
KARMADI-E NAGAR NIGAM KE ANDAR ROAD SE HATKER₹4,900 / sq m₹4,097 / sq yd430 m
MAA KALIKA VIHAR (VIKASH PRADHIKARAN)₹7,500 / sq m₹6,271 / sq yd1.1 km
GOLD CITY₹7,000 / sq m₹5,853 / sq yd1.1 km
SHREE SHATRUNJAYA VIHAR / TULSI VIHAR / GIRIRAJ COLONY / SHREE VINAYAK COLONY / KESAR / SHANTIVAN COLONY / AAGAM RESIDENCY₹7,000 / sq m₹5,853 / sq yd1.2 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

Ratlam

Town & Country Planning (DTCP)
Layout Permitapproved 10 Jan 2025 · 1 yr ago

The promised possession date (15 Jun 2025) 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

Ratlam

Town & Country Planning area · Ratlam district

Has approved 110 RERA projects2.1% of Madhya Pradesh.

a plotted-layout market15% apartments · 85% plotted layouts. Your plotted layout is this body's core business.

Builders
73
On record
1,601 flats · 10,533 plots
Reach
4 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 85% 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

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

2 projects between 1 and 3 km — showing the nearest 2.

RatlamPlotted Development

AAGAM RESIDENCY

SHRI RUPESH PIRODIA

Oct 2025registered
May 2030target completion
Declared cost₹2.12 CrScale20 plotsAuthorityRERA Madhya Pradesh
RatlamPlotted Development

RATN PARISAR

YOGESH SURANA

Dec 2024registered
Apr 2027target completion
Declared cost₹2.24 CrScale15 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.