HORIZON
Share

HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed Report

THE GRAND VIRASAT E

P-IND-24-4795 · RERA Madhya Pradesh · https://gethorizon.in/projects/the-grand-virasat-e-juni-indore-bapdq831

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
5 plots
Quarterly reports
8 on file · latest Apr 2024 - Jun 2024quarterly progress certificates filed with RERA

Timeline

Project startedMar 2024
RERA registeredMay 2024
Proposed completionFeb 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SARTHAK VINAYAK REAL BUILT

Partnership Firm / LLPPromoter type
24Projects
7Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
232 homes · 1,303 plotson the public record across 24 projects
₹633.97 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.

Planning authoritiesthis builder's portfolio, by approving body
IndoreTown & Country Planning (DTCP)this project13 of 20 projects
SanwerTown & Country Planning (DTCP)5 of 20 projects
BadnagarTown & Country Planning (DTCP)1 of 20 projects
DepalpurTown & Country Planning (DTCP)1 of 20 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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 SARTHAK VINAYAK REAL BUILT— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 35 new projects last year
  • 225 nearby projects
exact address · geocoded from the filed address · 22.7732, 75.8409 · © OpenStreetMap contributors
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Khasra No. 112/1, 112/2/1, 112/2/2, 112/3, 243/325, 248/1, 250 Village - Balyakheda Tehsil - Kanadia District - Indore
What’s nearby
Schools1 school within 1km
HealthcareHospital 1.7km away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 730 m · Ujjain RoadRailway line 1.1 kmMetro station 2.3km away (Veerangana Jhalkari Bai)Limited bus connectivity nearby
Water & environment
Water body 1.3 kmRiver 2.0 km · Kanh River
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹14.88 Cr declared to build 5 plots. What that works out to:

₹2.98 Crdeclared cost per plotall-in — land + construction
44%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.

₹10,034per sq yd
₹12,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “BHAWANI NAGAR/SHIVKANTH NAGAR/SHIV NAGAR”, 150 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

ZILLION PARK (TIGARIYA BADSHAH)₹15,000 / sq m₹12,542 / sq yd630 m
SINGAPUR LIFE STYLE BLOCK B (TIGRIYA BADSHAH)/SINGAPUR KING STATE ROYAL/SINGAPUR LIFE STYLE (SLS) LAKE VIEW/THE GRAND RIYASAT MAHAL/SINGAPUR KING STATE IMPERIAL₹20,000 / sq m₹16,723 / sq yd650 m
BHANVRASLA₹13,300 / sq m₹11,120 / sq yd710 m
SINGAPUR PREMIUM (TIGARIYA BADSHAH)₹15,000 / sq m₹12,542 / sq yd780 m
CORRIDOR INDUSTRIAL PARK (TIGARIYA BADSHAH)₹15,000 / sq m₹12,542 / sq yd830 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

Indore

Town & Country Planning (DTCP)
Layout Permitapproved 29 May 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. Your plotted layout is this body's core business.

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

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

Of the 225 projects the radar draws within 6 km — every kind, every stage — 74 are plotted projects still under way. This list keeps only those, and looks further out.

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

1.6 km awayPlotted Development

KING ESTATE MAHARAJA

M/S SARTHAK REAL BUILT PVT. LTD. · Indore · Malharganj

Jun 2025registered
Feb 2028target completion
Declared cost₹11.88 CrScale3 plotsAuthorityRERA Madhya Pradesh
1.6 km awayPlotted Development

NAKODA INDUSTRIAL PARK

SHREE NAKODA DEVELOPERS · Indore · Malharganj

Mar 2026registered
Sep 2030target completion
Declared cost₹8.55 CrScale17 plotsAuthorityRERA Madhya Pradesh
2.3 km awayPlotted Development

VEDA COMMUNE

SHIV LALJI CONSTRUCTION LLP · Indore · Sawer

Jan 2023registered
Oct 2026target completion
possession revisedDeclared cost₹76.92 CrScale297 plotsAuthorityRERA Madhya Pradesh
2.4 km awayPlotted Development

NAVKAR RESIDENCY

NAVKAR DEVELOPERS · Indore · Malharganj

Aug 2025registered
May 2028target completion
Declared cost₹13.23 CrScale74 plotsAuthorityRERA Madhya Pradesh
2.4 km awayPlotted Development

IRIS BDS PARADISE

BDS VENTURES · Sanwer · Sawer

Mar 2024registered
Sep 2026target completion
Declared cost₹10.30 CrScale390 plotsAuthorityRERA Madhya Pradesh
2.5 km awayPlotted Development

SHIKHARJI DREAMZ EXTENSION - 1

INFINITY REALITY · Indore · Juni Indore

Jul 2024registered
Mar 2026target completion
Declared cost₹7.12 CrScale29 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/the-grand-virasat-e-juni-indore-bapdq831.

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.