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Detailed Report

SIDDHI VINAYAK PARISAR

P-NRP-17-466 · RERA Madhya Pradesh · https://gethorizon.in/projects/siddhi-vinayak-parisar-narsinghpur-narsimhapur-c8wv1zqh

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SIDDHI VINAYAK PARISAR
Plots
267 plots
Unit mix
267 × Mutliple Plot
Revised completion
14 May 2021extended after an approved RERA extension
Extensions
2 approved · Covid19completion-date extension(s) granted by RERA
Quarterly reports
22 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA

Timeline

Project startedAug 2017
RERA registeredSep 2017
Proposed completionAug 2020
TodaySep 2026

Find your plot

Filed by type and size, in the batches the builder registered — not a per-plot listing. Look yours up.

267 plots across 1 batch
TypeArea sq mCount
Mutliple Plot267

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each size exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Builder registration

BHAGWATI BUILDERS AND DEVELOPERS

Proprietorship FirmPromoter type
4Projects
4Cities
2017–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
108 homes · 267 plotson the public record across 4 projects
5,043 sq mbuilt-up filed
2,675 sq mland declared
₹301892.60 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
Mumbai Metropolitan Region Development AuthorityMetropolitan Development Authority1 of 2 projects
NarsinghpurTown & Country Planning (DTCP)this project1 of 2 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 BHAGWATI BUILDERS AND DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
≈ area only · geocoded, verified but not exact · 22.9473, 79.1923 · © OpenStreetMap contributors
District
Narsinghpur
Tehsil
Narsimhapur
Planning area
Narsinghpur
Address
KH NO 201/1,206/1,201/2,206/2,207/1,207/2,205/1,208/1, PH NO 40 NARSINGHPUR DISTT. NARSINGHPUR
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 70m away · 4 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.6 kmRailway line 909 mRailway station 2.3km away (Narsinghpur)Limited bus connectivity nearby
Water & environment
Water body 1.6 kmRiver 4.3 km · Sher
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹301892.60 Cr declared to build 267 plots. What that works out to:

₹1130.68 Crdeclared cost per plotall-in — land + construction
25%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.

₹10,034per sq yd
₹12,000per sq m
Which rate
open plot, residential
Matched to
The middle rate of the 203 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

INDIRA WARD - MAIN ROAD BAZAR₹34,000 / sq m₹28,428 / sq yd40 m
BELAPURKAR WARD - WARD SATISH CHITRA MANDIR SE REST HOUSE BELAPURKAR WARD ROAD ( VIYAAMSHALA ROAD )₹9,000 / sq m₹7,525 / sq yd110 m
INDIRA WARD - NH BAHARI ROAD₹34,000 / sq m₹28,428 / sq yd150 m
INDIRA WARD - SANICHARA BAZAR CHOUNK SE KATHAL PETROL PUMP TAK₹50,000 / sq m₹41,806 / sq yd160 m
RAJIV WARD - N.H. BAHRI ROD₹31,200 / sq m₹26,087 / sq yd170 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

Narsinghpur

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (14 Aug 2020) 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

Narsinghpur

Town & Country Planning area · Narsinghpur district

Has approved 20 RERA projects0.4% of Madhya Pradesh.

a plotted-layout market5% apartments · 95% plotted layouts. Your plotted layout is this body's core business.

Builders
19
On record
98 flats · 1,782 plots
Reach
3 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 95% 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

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

3 projects within 1 km — showing the nearest 3.

NarsinghpurPlotted Development

RAJ RAJESHWARI VIHAR

TIRUPATI BUILDERS

Feb 2025registered
Sep 2027target completion
Declared cost₹2.59 CrScale48 plotsAuthorityRERA Madhya Pradesh
NarsinghpurPlotted Development

MAHAVEER NAGAR PHASE II

SHREE VARDHMAN COLONIZER AND ASSOCIATES

Feb 2025registered
Apr 2027target completion
Declared cost₹1.75 CrScale58 plotsAuthorityRERA Madhya Pradesh
NarsinghpurPlotted Development

TEACHERS RESIDENCY

SHISHAK GRAH NIRMAN SAHKARI SAMITI MARYADIT NARSINGHPUR

Jun 2026registered
Jul 2026target completion
Declared cost₹2.22 CrScale20 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/siddhi-vinayak-parisar-narsinghpur-narsimhapur-c8wv1zqh.

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.