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Detailed Report

SUSHILA BALAJI NAGAR

P-KHD-24-4650 · RERA Madhya Pradesh · https://gethorizon.in/projects/sushila-balaji-nagar-khandwa-kwbwrnxs

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
SUSHILA BALAJI NAGAR
Plots
186 plots
Unit mix
157 × Gen Plot · 11 × Ews Plot · 9 × Lig Plot · 5 × Commercial Plot · 4 × Rc Plot
Quarterly reports
10 on file · latest Oct 2024 - Dec 2024quarterly progress certificates filed with RERA

Timeline

Project startedSep 2023
RERA registeredApr 2024
Proposed completionAug 2026
TodaySep 2026

Find your plot

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

186 plots across 5 batches
TypeArea sq mCount
Rc Plot4
Commercial Plot5
Gen Plot157
Lig Plot9
Ews Plot11

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

RITESH KUMAR GOYAL

IndividualPromoter type
2Projects
1City
2024–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
237 plotson the public record across 2 projects
₹3.68 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 RITESH KUMAR GOYAL— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 8 new projects last year
  • 77 nearby projects
exact address · geocoded from the filed address · 21.8279, 76.3629 · © OpenStreetMap contributors
District
Khandwa
Tehsil
Khandwa
Planning area
Khandwa
Address
51, 52/1, 52/2, 53/3, 72/1, 72/2, 72/3, 73 Village Balkhandsura Tehsil Khandwa , Dist Khandwa
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 876m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 176 mPrimary road 888 mRailway line 1.0 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.91 Cr declared to build 186 plots. What that works out to:

₹1.02 Lakhdeclared cost per plotall-in — land + construction
52%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.

₹10,870per sq yd
₹13,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “MAHESHNAGAR”, 210 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

STEDIAM GROUND KE PAS CIVIL LINE ROAD(VYAVSAYIK MARG)₹11,800 / sq m₹9,866 / sq yd340 m
KAVEREE GREEN COLONY(MAHESH NAGAR SE LAGI)₹6,600 / sq m₹5,518 / sq yd350 m
JAIL ROAD₹5,700 / sq m₹4,766 / sq yd370 m
DREEM CITY₹11,300 / sq m₹9,448 / sq yd380 m
VATSALA VIHAR COLONY₹11,500 / sq m₹9,615 / sq yd450 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

Khandwa

Town & Country Planning (DTCP)
Layout Permitapproved 3 Apr 2024 · 2 yrs ago

The promised possession date (31 Aug 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

Khandwa

Town & Country Planning area · Khandwa district

Has approved 97 RERA projects1.8% of Madhya Pradesh.

a plotted-layout market7% apartments · 93% plotted layouts. Your plotted layout is this body's core business.

Builders
83
On record
784 flats · 10,970 plots
Reach
5 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 93% 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

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

Of the 77 projects the radar draws within 6 km — every kind, every stage — 24 are plotted projects still under way. This list keeps only those, and looks further out.

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

1.4 km awayPlotted Development

LOTUS CITY

VIPRA ASSOCIATE · Khandwa

Jul 2024registered
Jan 2027target completion
Declared cost₹2.59 CrScale54 plotsAuthorityRERA Madhya Pradesh
1.4 km awayPlotted Development

GULMOHAR PHASE-II

KAVERI EX-OIL PVT LTD · Khandwa

Nov 2024registered
May 2027target completion
Declared cost₹65.76 LakhScale30 plotsAuthorityRERA Madhya Pradesh
1.4 km awayPlotted Development

NEW ADARSH NAGAR

WARSI REAL ESTATE · Khandwa

Feb 2025registered
Sep 2027target completion
Declared cost₹1.88 CrScale29 plotsAuthorityRERA Madhya Pradesh
1.4 km awayPlotted Development

MAHAKALI PURAM

AAYUSH JAIN · Khandwa · Khandwa Nagar

Mar 2025registered
Apr 2027target completion
Declared cost₹3.49 CrScale94 plotsAuthorityRERA Madhya Pradesh
1.4 km awayPlotted Development

SHRI KRISHNA VILLA

SHRI KRISHNA DHAM · Khandwa · Khandwa Nagar

May 2025registered
Jun 2027target completion
Declared cost₹84.90 LakhScale10 plotsAuthorityRERA Madhya Pradesh
1.4 km awayPlotted Development

RAMENDRA GREEN PHASE - 2

VIJAY BIRLA · Khandwa · Khandwa Nagar

Jun 2025registered
Jul 2027target completion
Declared cost₹2.02 CrScale69 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/sushila-balaji-nagar-khandwa-kwbwrnxs.

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.