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Detailed Report

SHRI ASHTHVINAYAK RESIDENCY

P-CDW-24-5156 · RERA Madhya Pradesh · https://gethorizon.in/projects/shri-ashthvinayak-residency-chhindwara-nagar-h8xuc632

01

Complete project overview

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

Timeline

Project startedAug 2024
RERA registeredOct 2024
Proposed completionJul 2029
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHRI ASHTHVINAYAK BUILDERS

Partnership Firm / LLPPromoter type
2Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
58 plotson the public record across 2 projects
₹5.14 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 SHRI ASHTHVINAYAK BUILDERS— the full portfolio →

03

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 Nagar
Planning area
Chhindwara
Address
Village Khajari (og) , Tehsil Chhindwara Nagar , District Chhindwara, M.P.
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

₹2.60 Cr declared to build 41 plots. What that works out to:

₹6.34 Lakhdeclared cost per plotall-in — land + construction
69%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.

₹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 yd60 m
PURANA BAIL BAZAR CHOUK SE SE C.S. COMPLEX TAK MUKHY MARG₹32,700 / sq m₹27,341 / sq yd60 m
JEL TIRAHA SE AMIT THEGE CHOUK TAK₹60,000 / sq m₹50,168 / sq yd60 m
C.S. COMPLEX₹1,16,200 / sq m₹97,158 / sq yd90 m
JAIL TIRAHA SE UTKRIST VIDYALAYA EVAM JILA NYAYALAYA HOTE HUYEREST HOUSE TIRAHA TAK₹40,200 / sq m₹33,612 / sq yd130 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

Chhindwara

Town & Country Planning (DTCP)
Layout Permitapproved 30 Oct 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

Chhindwara

Town & Country Planning area · Chhindwara district

Has approved 104 RERA projects2% of Madhya Pradesh.

a plotted-layout market24% 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

07

Other projects nearby

The register · within 25 km

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

17 projects within 1 km — showing the nearest 6.

ChhindwaraPlotted Development

SHRI NANDAN HILLS

TARNAM DEVELOPERS

Dec 2023registered
Mar 2027target completion
Declared cost₹3.94 CrScale214 plotsAuthorityRERA Madhya Pradesh
ChhindwaraPlotted Development

VIDHYA GREEN PARK

SHIVAM GROUP

May 2024registered
Jan 2029target completion
Declared cost₹10.14 CrScale124 plotsAuthorityRERA Madhya Pradesh
ChhindwaraPlotted Development

SHIVALAY RESIDENCY 2

SHIVALAY DEVELOPERS

Sep 2024registered
Apr 2027target completion
Declared cost₹2.36 CrScale9 plotsAuthorityRERA Madhya Pradesh
ChhindwaraPlotted Development

SHRI NANDAN HILLS

DEV BHOOMI DEVELOPERS

Jun 2025registered
Nov 2026target completion
Declared cost₹1.40 CrScale6 plotsAuthorityRERA Madhya Pradesh
ChhindwaraPlotted Development

SHIVAYE RESIDENCY

SHIVAYE SHREE DEVELOPERS

Sep 2025registered
Apr 2029target completion
Declared cost₹1.71 CrScale44 plotsAuthorityRERA Madhya Pradesh
ChhindwaraPlotted Development

LDB COLONY

BHUMI VIKAS BANK SKARMACHARI SAHAKARI GRAH NIRMAN SAMITI MARYADIT

Dec 2024registered
Jul 2027target completion
Declared cost₹65.74 LakhScale36 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/shri-ashthvinayak-residency-chhindwara-nagar-h8xuc632.

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.