HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
20 flats
Unit mix
20 × Residential Flats
Quarterly reports
12 on file · latest Jan 2018 - Mar 2018quarterly progress certificates filed with RERA

Timeline

Project startedJan 2013
RERA registeredSep 2017
Proposed completionDec 2019
TodayJul 2026

Find your flat

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

20 units across 1 batch
TypeArea sq mCount
Residential Flats20

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 type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

M/S NAKODA BUILDERS

Partnership Firm / LLPPromoter type
1Projects
1City
2017–2019Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. 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
Balaghat
Tehsil
Balaghat
Planning area
Balaghat
Address
W.NO.32, SHANTI NAGAR, BALAGHAT
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 328m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
No metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 392 mRiver 3.0 km · Son
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.38 Cr declared to build 20 flats. What that works out to:

₹16.88 Lakhdeclared cost per flatall-in — land + construction
3%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

Balaghat

Town & Country Planning (DTCP)
Building Permitapproved 6 Sep 2017 · 8 yrs ago

The promised possession date (30 Dec 2019) 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

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

Balaghat

Town & Country Planning area · Balaghat district

Has approved 18 RERA projects0.3% of Madhya Pradesh.

a mixed market61% apartments · 39% plotted layouts.

Builders
18
On record
630 flats · 690 plots
Reach
3 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 61% apartments here vs 28% 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.

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.