HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
5 flats
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedMar 2025
RERA registeredMay 2025
Proposed completionJan 2028
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

KOLAR DEVELOPERS

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
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
Bhopal
Tehsil
Kolar
Planning area
Bhopal
Address
at Village Akabarpur, Banjari Tehsil-Kolar District Bhopal, Madhya Pradesh
What’s nearby
Schools3 schools within 500m · 3 educational institutions within 1km · College or university 1.2km away
HealthcareHospital 123m away
LifestylePark 1.3km away · Gym or sports centre 1.5km away
ShoppingSupermarket 197m away · Mall 147m away
Getting around
Primary road 3.3 kmRailway line 3.1 kmMetro station 4.3km away (DRM Office)Limited bus connectivity nearby
Water & environment
River 396 m · AjmarWater body 1.3 kmCanal 1.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹52.82 Cr declared to build 5 flats. What that works out to:

₹10.56 Crdeclared cost per flatall-in — land + construction
32%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

Bhopal

Town & Country Planning (DTCP)
Building Permitapproved 30 May 2025 · 1 yr 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

Bhopal

Town & Country Planning area · Bhopal district

Has approved 726 RERA projectsabout 1 in 7 in Madhya Pradesh.

a mixed market63% apartments · 37% plotted layouts.

Builders
444
On record
45,421 flats · 32,913.65 plots
Reach
2 tehsils
Since
2017

More apartment-heavy than Madhya Pradesh overall — 63% 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.