SikarPlotted Development
RAHMAT NAGAR PHASE-II
Mohammed Yusuf Chouhan
Jun 2025registered
Oct 2026target completion
Declared cost₹87.38 LakhScale33 plotsAuthorityRAJ-RERA
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Detailed ReportSUNSHINE RESIDENCY PHASE-2
01
Complete project overview
RAJ-RERA · Registration filing- Land area
- 7,830 sq m
- Description
- 12.5% of the total saleable plots has been mortgaged by the Urban Improvment Trust, Sikar against the internal development work of the project those plots are plot no. 8,9,10,11 (669.48 Sq. Mtr.) .
Timeline
Construction startSep 2021
RERA registeredSep 2021
Proposed completionAug 2024
TodaySep 2026
02
Builder’s track record
RAJ-RERA · Builder registrationNAND KISHORE MAHARIA
IndividualPromoter type
Sikar, RajasthanBased in
2Projects
1City
2021–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
28 plotson the public record across 2 projects
14,384 sq mplotted area
14,384 sq mland declared
₹3.45 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.
03
Location & price analysis
RAJ-RERA · Registration filing
- Address
- 1129/1117, 1130/803,1119/798, JAGMALPURA, Sikar, Sikar, 332001
- Village
- JAGMALPURA
- Taluka
- Sikar
- District
- Sikar
- Pincode
- 332001
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.2km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 2.9 kmRailway line 865 mRailway station 3.4km away (Sikar Railway Station)Limited bus connectivity nearby
Price analysisdeclared build cost — not a sale price
₹2.85 Cr declared. What that works out to:
₹338/sq ftof plotted area₹3,640/sq m
53%of the cost is land₹178/sq ft of 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
Rajasthan IGRS — DLC rates (rural branch)In Rajasthan it’s called the DLC rate.
₹2,258per sq yd
₹2,700per sq m
- Which rate
- residential, interior plot
- Matched to
- The rate published for the village of “Jagmalpura”.
- Spread
- ₹2,258 – ₹3,512 per sq yd across the places it was taken over
This filing declares ₹3,640 per sq m of plotted area — 1.35× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
- The minimum value Rajasthan’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 village, and says so above. How Horizon decides what to show.
05
Planning authority
RAJ-RERA · Approved building planLayout Permitapproved 17 Sep 2021 · 5 yrs ago
The promised possession date (31 Aug 2024) 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
Urban Improvement Trust
A city-level Urban Improvement Trust — Rajasthan's town-development body in cities without a development authority. It has approved 612 RERA projects across 20 districts — about 1 in 4 in Rajasthan.
Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
06
Complaints & litigation
RAJ-RERA · public recordComplaints register
Not published. RAJ-RERA doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RAJ-RERA- Litigation
- None declared in this filing
Only what the builder declared, or what RAJ-RERA records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RAJ-RERA, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km69 plotted projects still under way within 25 km. Step out ring by ring:
2 projects within 1 km — showing the nearest 2.
SikarPlotted Development
RAHMAT NAGAR REASIDENTIAL SCHEME
MOHAMMED SIKANDAR
Aug 2025registered
Dec 2026target completion
Declared cost₹2.08 CrScale101 plotsAuthorityRAJ-RERA
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.
- Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
- Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RAJ-RERA, as the builder submitted it.
- 02Builder's track record
- RAJ-RERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RAJ-RERA 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).
- 04Government Guidance Rate
- Rajasthan IGRS — DLC rates (rural branch).
- 05Planning authority
- RAJ-RERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RAJ-RERA's public record lists no complaints or litigation for this project.
- 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/sunshine-residency-phase-2-sikar-b0a1cqyt.
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.