HORIZONMarkets
01

Complete project overview

RAJ-RERA · Registration filing
Land area
7,349 sq m
Completion deadline extended
2 extensions on record — latest to 30 Aug 2022declared reason: force majeure
Description
The detail of senctioned no. of apartment/plots was wrongly filled as 521, this has been rectified on 04/12/2017 and the revised rectified no. is 531. Remark About Project 1. The previously mentioned account details of the project account were :- A/C No. :- 154902000004578 Bank Name :- Indian Overseas Bank Branch :- MALVIYA NAGART, Jaipur 2. Based on the required of the promoters the account details has been changed on 23.02.2018

Timeline

Construction startOct 2017
RERA registeredOct 2017
Proposed completionAug 2020
TodayJul 2026
02

Builder’s track record

RAJ-RERA · Promoter registration

Narvik Buildhomes

OrganisationPromoter type
Jaipur, RajasthanBased in
1Projects
1City
2017–2020Active
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

RAJ-RERA · Registration filing
Address
212/1 & 213, Village-Mathurawala, Sanganer, Jaipur, 302029
Taluka
Sanganer
District
Jaipur
Pincode
302029
What’s nearby
SchoolsNo schools within 2km · College or university 886m away
HealthcareHospital 684m away · 4 clinics within 1km · Doctor's clinic within 1km
LifestylePark 1.7km away
ShoppingSupermarket 658m away · ATM within 500m
Getting around
Expressway 1.7 kmPrimary road 1.2 kmRailway line 480 mRailway station 778m away (Durgapura)Limited bus connectivity nearby
Water & environment
Water body 1.6 km · Dravyavati River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹41.73 Cr declared. What that works out to:

4%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

RAJ-RERA · Approved building plan

Jaipur Development Authority

Development Authority
Building Permitapproved 17 Oct 2017 · 8 yrs ago

The promised possession date (30 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

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

Jaipur Development Authority

Development authority

Has approved 644 RERA projectsabout 1 in 3 in Rajasthan, more than any other body in the state.

a mixed market52% apartments · 48% plotted layouts.

Builders
528
On record
15,937 flats · 30,970 plots
Reach
2 districts
Since
2017

More apartment-heavy than Rajasthan overall — 52% apartments here vs 34% 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.
  • 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.