HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
33 plots
Quarterly reports
9 on file · latest Jan 2024 - Mar 2024quarterly progress certificates filed with RERA

Timeline

Project startedSep 2023
RERA registeredMay 2024
Proposed completionAug 2026
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

SHUBH DEVELOPERS

Partnership Firm / LLPPromoter type
31Projects
20Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2,006 homes · 82 plotson the public record across 31 projects
1,33,437 sq mbuilt-up filed
8,089 sq mplotted area
83,255 sq mland declared
₹292.49 Crdeclared build cost

Build cost is what the promoter 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
Ahmedabad Urban Development AuthorityUrban Development Authority6 of 25 projects
Bhavnagar Municipal CorporationMunicipal / Corporation2 of 25 projects
Gandhinagar Urban Development AuthorityUrban Development Authority2 of 25 projects
Junagadh Municipal CorporationMunicipal / Corporation2 of 25 projects
Others2 of 25 projects
Rajkot Municipal CorporationMunicipal / Corporation2 of 25 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 25 projects
IndoreTown & Country Planning (DTCP)this project1 of 25 projects
Jamnagar Municipal CorporationMunicipal / Corporation1 of 25 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 25 projects
Pune Municipal Corporation PuneMunicipal Corporation1 of 25 projects
Surat Municipal CorporationMunicipal / Corporation1 of 25 projects
Surat Urban Development AuthorityUrban Development Authority1 of 25 projects
Surendranagar-Wadhvan Urban Development AuthorityUrban Development Authority1 of 25 projects
Vadodara Urban Development AuthorityUrban Development Authority1 of 25 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 promoter, 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
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Land Khasra no. 2/1/2/2 admeasuring 1.264 Hectares (Land Area), at Village Dudhia , Tehsil Bhicholi Hapsi and District Indore (MP)
What’s nearby
Schools7 schools within 500m · 19 educational institutions within 1km
HealthcareHospital 599m away · 33 clinics within 1km · Pharmacy within 500m
LifestylePark 1.6km away · Gym or sports centre 537m away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Convenience store within 1km · Bank 820m away
Getting around
Expressway 3.1 km · Left ExitPrimary road 2.0 kmRailway line 583 m · INDB - RAU Rail SectionRailway station 1.1km away (Indore Junction)Bus stop within 1km
Water & environment
River 270 m · Kanh RiverWater body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.50 Cr declared to build 33 plots. What that works out to:

₹7.57 Lakhdeclared cost per plotall-in — land + construction
38%of the cost is land

This is what the promoter 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

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 29 May 2024 · 2 yrs ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Your plotted layout is this body's core business.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 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.

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.