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THE ADDRESS 2

P-IND-24-4946 · RERA Madhya Pradesh · https://gethorizon.in/projects/the-address-2-juni-indore-d5va5pt2

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
11 flats
Quarterly reports
9 on file · latest Jul 2024 - Sep 2024quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2024
RERA registeredJul 2024
Proposed completionFeb 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHIVALIKA REALTIES PRIVATE LIMITED

CompanyPromoter type
2Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
22 homeson the public record across 2 projects
₹27.41 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 SHIVALIKA REALTIES PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
The Address Township, Nipania, indore
What’s nearby
Schools1 school within 1km · College or university 1.6km away
HealthcareHospital 554m away · 6 clinics within 1km · Pharmacy within 500m
LifestylePark 786m away · Swimming pool within 2km
ShoppingSupermarket 1.7km away · Mall 1.9km away · ATM within 500m
Getting around
Expressway 2.7 kmPrimary road 244 m · Ring RoadRailway line 2.6 km · DWX - INDB Rail SectionRailway station 4.8km away (Mangliyagaon)Bus stop within 1km
Water & environment
Water body 714 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹13.88 Cr declared to build 11 flats. What that works out to:

₹1.26 Crdeclared cost per flatall-in — land + construction
6%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.

₹27,592per sq yd
₹33,000per sq m
Which rate
multi-storey residential
Matched to
The middle rate of the 298 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

THE ADDRESS (NIPANIYA)₹35,000 / sq m₹29,264 / sq yd10 m
PINECAL DREEM (PIPALIYA KUMAR)₹42,000 / sq m₹35,117 / sq yd110 m
SMART SIXTEEN₹36,000 / sq m₹30,101 / sq yd200 m
MAYUR VIHAR (PIPALYA KUMAR)₹17,000 / sq m₹14,214 / sq yd260 m
PUKHRAJ EVENUE (PIPALYAKUMAR)₹36,000 / sq m₹30,101 / sq yd290 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 locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Indore

Town & Country Planning (DTCP)
Building Permitapproved 30 Jul 2024 · 2 yrs ago
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

Indore

Town & Country Planning area · Indore district

Has approved 1,123 RERA projectsabout 1 in 5 in Madhya Pradesh, more than any other body in the state.

a plotted-layout market34% apartments · 66% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
776
On record
37,289 flats · 95,164 plots
Reach
10 tehsils
Since
2017

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

116 residential projects still under way within 25 km. Step out ring by ring:

Of the 222 projects the radar draws within 6 km — every kind, every stage — 33 are residential projects still under way. This list keeps only those, and looks further out.

4 projects within 1 km — showing the nearest 4.

IndoreApartment

THE ADDRESS 2 PHASE 2

SHIVALIKA REALTIES PRIVATE LIMITED

Mar 2025registered
Jan 2027target completion
Declared cost₹13.53 CrScale11 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

PLATINUM PLAZA

SOPAN BUILDERS

Sep 2022registered
Apr 2026target completion
possession revisedDeclared cost₹11.20 CrScale94 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

SIGNATURE ENCLAVE

S G BUILDCON

Oct 2024registered
Jun 2027target completion
Declared cost₹13.03 CrScale5 flatsAuthorityRERA Madhya Pradesh
IndoreApartment

VICTORIA HARMONY

SRASHTI CONSTRUCTION

Oct 2024registered
May 2027target completion
Declared cost₹39.77 CrScale11 flatsAuthorityRERA Madhya Pradesh

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.
  • Complaints — RERA Madhya Pradesh does not publish a complaints register. This read cannot speak to them either way.