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UTKARSH TERRACE

P-IND-24-4596 · RERA Madhya Pradesh · https://gethorizon.in/projects/utkarsh-terrace-juni-indore-hnbx2b9l

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
UTKARSH TERRACE
Units
42 flats
Unit mix
42 × Residential Flats
Revised completion
21 Feb 2026extended after an approved RERA extension
Extensions
1 approved · Normalcompletion-date extension(s) granted by RERA
Quarterly reports
10 on file · latest Oct 2023 - Dec 2023quarterly progress certificates filed with RERA

Timeline

Project startedJan 2021
RERA registeredMar 2024
Proposed completionFeb 2025
TodaySep 2026

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

42 units across 1 batch
TypeArea sq mCount
Residential Flats42

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 registration

M/S CHORDIA BROTHERS CONTRACTORS AND BUILDERS PRIVATE LIMITED

CompanyPromoter type
2Projects
2Cities
2018–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
164 homeson the public record across 2 projects
₹11.12 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 project1 of 2 projects
RajgarhTown & Country Planning (DTCP)1 of 2 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 M/S CHORDIA BROTHERS CONTRACTORS AND BUILDERS PRIVATE LIMITED— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Juni Indore
Planning area
Indore
Address
Plot number M1 ( part of khasra no. 33/1/2/2) of Galaxy park, village Asrawadkhurd, tehsil Indore, district Indore.
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 524 m · Khandwa RoadPrimary road 1.2 km · Shaheed Tantiya Bhil RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 2.3 kmCanal 2.8 km · Bilawali-Limbodi Pond Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.12 Cr declared to build 42 flats. What that works out to:

₹14.56 Lakhdeclared cost per flatall-in — land + construction
10%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
multi-storey residential
Matched to
The rate published for “GALAXY PARK / SIMRAN PARK/ SATELITE NX / LOTUS GARDEN. SATELITE VALLEY AND VIKSHIT COLONIA (ASRAWAD KHURD)”, 140 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

GWALA COLONY (ASRAWAD KHURD)₹11,000 / sq m₹9,197 / sq yd840 m
ASRAWAD KHURD KHANDWA ROAD PAR₹25,000 / sq m₹20,903 / sq yd840 m
SATELITE VALLEY, MIRJAPUR₹13,200 / sq m₹11,037 / sq yd960 m
LOTUS PARK, ANURADHANAGAR MAIN/EXTENTION, AAYUSHINAGAR MAIN/EXTENTION, AASHISH NAGAR (KELOD KARTAL)₹25,000 / sq m₹20,903 / sq yd980 m
SARTHAK VIHAR (MIRJAPUR)₹14,500 / sq m₹12,124 / sq yd1.0 km

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)
Building Permit

The promised possession date (21 Feb 2025) 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

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

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

Of the 64 projects the radar draws within 6 km — every kind, every stage — 13 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 3 km — showing the nearest 1.

2.5 km awayApartment

BLOCK NO.17- SILVER LEAVES

SILVER REALTIES AND INFRASTRUCTURE PRIVATE LIMITED · Indore · Juni Indore

Sep 2023registered
Mar 2026target completion
Declared cost₹18.58 CrScale54 flatsAuthorityRERA 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.