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SHRI KRISHN BALAJI NAGAR PHASE 2

P-SNW-26-6320 · RERA Madhya Pradesh · https://gethorizon.in/projects/shri-krishn-balaji-nagar-phase-2-sanawad-mrh3ohyq

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SHRI KRISHN BALAJI NAGAR PHASE 2
Plots
55 plots

Timeline

Project startedSep 2025
RERA registeredMar 2026
Proposed completionAug 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHRI RAM BALAJI DEVELOPERS

Partnership Firm / LLPPromoter type
3Projects
3Cities
2025–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
217 plotson the public record across 3 projects
₹13.01 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 RAM BALAJI DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Khargone
Tehsil
Sanawad
Planning area
Sanawad
Address
Khasra No. 561/1, 561/2, 563/1 & 563/2 at Village Sanawad, Tehsil Sanawad, District Khargone (M.P)
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 541m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 130 mPrimary road 405 mRailway line 498 mRailway station 856m away (Sanawad)Limited bus connectivity nearby
Water & environment
River 136 m · Bakur NadiCanal 2.3 km · Omkareshwar Left Bank Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.08 Cr declared to build 55 plots. What that works out to:

₹14.70 Lakhdeclared cost per plotall-in — land + construction
65%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 184 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

TEHSIL ROAD SE BAKUR NADI TARAF KHANDWA ROAD SE ANDAR₹6,000 / sq m₹5,017 / sq yd40 m
TEHSIL ROAD SE BAKUR NADI TARAF KHANDWA ROAD SE ANDAR₹6,000 / sq m₹5,017 / sq yd60 m
MEHBUBPURA ROAD₹6,000 / sq m₹5,017 / sq yd70 m
TEHSIL ROAD KE DONO TARAF₹8,000 / sq m₹6,689 / sq yd80 m
AAZAD ROAD, SOLANKI K MAKAN SE TEHSIL ROAD TAK₹12,000 / sq m₹10,034 / sq yd100 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

Sanawad

Town & Country Planning (DTCP)
Layout Permitapproved 9 Mar 2026 · 6 mo 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

Sanawad

Town & Country Planning area · Khargone district

Has approved 8 RERA projects0.2% of Madhya Pradesh.

a plotted-layout market0% apartments · 100% plotted layouts. Your plotted layout is this body's core business.

Builders
6
On record
0 flats · 460 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 100% 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

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

Of the 24 projects the radar draws within 6 km — every kind, every stage — 12 are plotted projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

SanawadPlotted Development

MARUTI VIHAR

VINAYAK DEVELOPERS

Sep 2023registered
Apr 2026target completion
Declared cost₹2.03 CrScale101 plotsAuthorityRERA Madhya Pradesh
SanawadPlotted Development

MASTAN CITY 2

PARADISE DEVELOPERS

Feb 2025registered
Sep 2026target completion
Declared cost₹3.04 CrScale66 plotsAuthorityRERA Madhya Pradesh
SanawadPlotted Development

MASTAN CITY 3

PARADISE DEVELOPERS

Feb 2025registered
Sep 2026target completion
Declared cost₹2.84 CrScale67 plotsAuthorityRERA Madhya Pradesh
SanawadPlotted Development

SHRI VYANKATESH VILLA

HARIOM PATEL

Apr 2025registered
Jan 2028target completion
Declared cost₹10.33 CrScale81 plotsAuthorityRERA Madhya Pradesh
SanawadPlotted Development

KRISHNA RESIDENCY

MANJULA CHOUDHARY

Jul 2025registered
Apr 2028target completion
Declared cost₹1.75 CrScale48 plotsAuthorityRERA Madhya Pradesh
SanawadPlotted Development

VINAYAK GREENS

RAM PATEL

Jan 2026registered
Jun 2028target completion
Declared cost₹1.46 CrScale8 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.