260 m awayIndividual houses
EMARALD PARK
SWASTIK CONSTRUCTION · Bhopal · Huzur
May 2025registered
Aug 2026target completion
Declared cost₹12.62 CrScale19 flatsAuthorityRERA Madhya Pradesh
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Detailed ReportSWASTIK PARAS ENCLAVE PHASE I
01
Complete project overview
RERA Madhya Pradesh · Registration filing- Project name
- SWASTIK PARAS ENCLAVE PHASE I
- Units
- 240 flats
- Unit mix
- 180 × 2BHK · 60 × 3BHK
- Quarterly reports
- 18 on file · latest Oct 2017 - Dec 2017quarterly progress certificates filed with RERA
Timeline
Project startedApr 2014
RERA registeredSep 2017
Proposed completionMar 2019
TodaySep 2026
Find your flat
Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.
TypeArea sq mCount
2BHK—180
3BHK—60
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 · Builder registrationSHRI ADINATH DEVELOPERS
Partnership Firm / LLPPromoter type
1Projects
1City
2017–2019Active
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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- This project
- 28 new projects last year
- 331 nearby projects
- District
- Bhopal
- Tehsil
- Huzur
- Planning area
- Bhopal
- Address
- KHASARA NO.147, JAATKHEDI, HOSHANGABAD ROAD, BHOPAL
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 492m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.2 kmPrimary road 1.3 kmRailway line 1.9 kmRailway station 2.0km away (Misrod)Limited bus connectivity nearby
Water & environment
River 3.9 km · Ajmar
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹26.92 Cr declared to build 240 flats. What that works out to:
₹11.22 Lakhdeclared cost per flatall-in — land + construction
14%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 & StampsIn Madhya Pradesh it’s called the collector guideline rate.
₹29,264per sq yd
₹35,000per sq m
- Which rate
- multi-storey residential
- Matched to
- The rate published for “RUCHI LIFESCAPE JATKHEDI”, 150 m from this project.
- In force
- 2026-2027 schedule · effective Apr 2026
Colonies around this project
| MAHENDRA GREEN WOOD JATKHEDI | ₹35,000 / sq m | ₹29,264 / sq yd | 360 m |
|---|---|---|---|
| AASHIMA DIVINE INFINITY | ₹33,000 / sq m | ₹27,592 / sq yd | 570 m |
| AASHIMA ANUPAMA CITY | ₹33,000 / sq m | ₹27,592 / sq yd | 580 m |
| AASHIMA DIVINE CITY | ₹33,000 / sq m | ₹27,592 / sq yd | 610 m |
| AASHIMA AVYAY CITY | ₹33,000 / sq m | ₹27,592 / sq yd | 640 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 planBuilding Permitapproved 28 Sep 2017 · 9 yrs ago
The promised possession date (31 Mar 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
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
Bhopal
Town & Country Planning area · Bhopal districtHas approved 726 RERA projects — about 1 in 7 in Madhya Pradesh.
a mixed market — 63% 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.
06
Complaints & litigation
RERA Madhya Pradesh · public recordComplaints register
Not published. RERA Madhya Pradesh 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 RERA Madhya Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Madhya Pradesh 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 RERA Madhya Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km75 residential projects still under way within 25 km. Step out ring by ring:
Of the 331 projects the radar draws within 6 km — every kind, every stage — 40 are residential projects still under way. This list keeps only those, and looks further out.
1 project within 1 km — showing the nearest 1.
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.
- 01Complete project overview
- The project's registration filing with RERA Madhya Pradesh, as the builder submitted it.
- 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.
- 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).
- 04Government Guidance Rate
- MP Department of Registration & Stamps.
- 05Planning authority
- RERA Madhya Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Madhya Pradesh'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/swastik-paras-enclave-phase-i-bhopal-huzur-83xgtvse.
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.