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TULIP HOMES

P-SWR-25-5757 · RERA Madhya Pradesh · https://gethorizon.in/projects/tulip-homes-sanwer-sawer-gwmaqhx0

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
156 plots
Quarterly reports
5 on file · latest Jul 2025 - Sep 2025quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2025
RERA registeredJul 2025
Proposed completionDec 2027
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SHREE NAKODA HOMES

Partnership Firm / LLPPromoter type
1Projects
1City
2025–presentActive
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
District
Indore
Tehsil
Sawer
Planning area
Sanwer
Address
Land Khasra no. 484/6, 484/5, 484/4, 484/3, 484/2, 484/1, 483/7, 483/6, 483/5, 483/4, 483/3, 483/1/1/2, 482/2/1/1, 479/2/1, 477/6, 477/5, & 477/4, 477/3, 477/2, 477/1 admeasuring total land area 9.507 hectares (out of which 9.443 hect Net Scheme Area) situated at Village Barodiya Khan Tehsil Sanwer & District Indore (MP)
Price analysisdeclared build cost — not a sale price

₹30.30 Cr declared to build 156 plots. What that works out to:

₹19.43 Lakhdeclared cost per plotall-in — land + construction
42%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.

₹12,542per sq yd
₹15,000per sq m
Which rate
open plot, residential
Matched to
The middle rate across 4,591 colonies of “Indore” district — the whole district, not this neighbourhood.
In force
2026-2027 schedule · effective Apr 2026

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 district, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan

Sanwer

Town & Country Planning (DTCP)
Layout Permitapproved 4 Jul 2025 · 1 yr 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

Sanwer

Town & Country Planning area · Indore district

Has approved 164 RERA projects3.1% of Madhya Pradesh.

a plotted-layout market18% apartments · 82% plotted layouts. Your plotted layout is this body's core business.

Builders
118
On record
1,450 flats · 21,438 plots
Reach
2 tehsils
Since
2017

More layout-heavy than Madhya Pradesh overall — 82% 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

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.