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Detailed Report

SHUBH MANGAL

P-MNS-24-4854 · RERA Madhya Pradesh · https://gethorizon.in/projects/shubh-mangal-mandsaur-cxtt3bcv

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
18 plots
Quarterly reports
7 on file · latest Apr 2024 - Jun 2024quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2024
RERA registeredJun 2024
Proposed completionJan 2026
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

HM DEVELOPERS PRIVATE LIMITED

CompanyPromoter type
3Projects
2Cities
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
78 plotson the public record across 3 projects
₹9.11 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 HM DEVELOPERS PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 5 new projects last year
  • 73 nearby projects
exact address · geocoded from the filed address · 24.0598, 75.0743 · © OpenStreetMap contributors
District
Mandsaur
Tehsil
Mandsaur
Planning area
Mandsaur
Address
At Village Todi , Tehsil- Mandsaur , District- Mandsaur
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.1 km · Mandsaur BypassPrimary road 437 mRailway line 1.3 kmRailway station 1.7km away (Mandsor)Limited bus connectivity nearby
Water & environment
River 925 m · Sau River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.16 Cr declared to build 18 plots. What that works out to:

₹11.98 Lakhdeclared cost per plotall-in — land + construction
39%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.

₹2,508per sq yd
₹3,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “BAMANA GALI”, 30 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

NEEM CHOUK₹4,000 / sq m₹3,345 / sq yd40 m
JALI MASJID₹3,000 / sq m₹2,508 / sq yd60 m
BHOJAKA GALI₹3,000 / sq m₹2,508 / sq yd80 m
SHRINGAR GALI₹4,000 / sq m₹3,345 / sq yd100 m
SHAIKHA CHOUK₹3,000 / sq m₹2,508 / sq yd120 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Mandsaur

Town & Country Planning (DTCP)
Layout Permitapproved 18 Jun 2024 · 2 yrs ago

The promised possession date (31 Jan 2026) 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

Mandsaur

Town & Country Planning area · Mandsaur district

Has approved 81 RERA projects1.5% of Madhya Pradesh.

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

Builders
61
On record
151 flats · 6,263 plots
Reach
7 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

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

Of the 73 projects the radar draws within 6 km — every kind, every stage — 17 are plotted projects still under way. This list keeps only those, and looks further out.

17 projects between 1 and 3 km — showing the nearest 6.

1.6 km awayPlotted Development

J.M. GOLD

UPENDRA BHOOTA · Mandsaur

Mar 2024registered
Sep 2026target completion
Declared cost₹3.62 CrScale112 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

NEW ANAND VIHAR 5

MOHAN MEGHNANI · Mandsaur

Aug 2024registered
Mar 2026target completion
Declared cost₹2.11 CrScale9 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

YASH ESTATE 1

AMRITYA INFRASTRUCTURE PRIVATE LIMITED · Mandsaur

Dec 2024registered
Jul 2027target completion
Declared cost₹4.51 CrScale24 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

RATNAKANCHAN VIHAR

FIROZ KHA · Mandsaur · Mandsaur Nagar

Dec 2024registered
Feb 2027target completion
Declared cost₹1.60 CrScale39 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

AGRASEN ENCLAVE-1

PRADYUMN GANEDIWAL · Mandsaur · Mandsaur Nagar

Mar 2025registered
Dec 2026target completion
Declared cost₹94.94 LakhScale40 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

SHRI SHIVAY RESIDENCY

FIROZ KHA · Mandsaur · Mandsaur Nagar

Jan 2025registered
Jun 2027target completion
Government Guidance Rate₹5,853/sq ydScale28 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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 exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • 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/shubh-mangal-mandsaur-cxtt3bcv.

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.