HORIZONMarkets
01

Complete project overview

RERA Madhya Pradesh · Registration filing
Units
8 flats
Quarterly reports
4 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedJan 2025
RERA registeredJul 2025
Proposed completionApr 2027
TodayJul 2026
02

Builder’s track record

RERA Madhya Pradesh · Promoter registration

VARDHMAN DEVELOPERS

Partnership Firm / LLPPromoter type
7Projects
5Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
49 homes · 269 plotson the public record across 7 projects
7,519 sq mbuilt-up filed
2,159 sq mland declared
₹90.91 Crdeclared build cost

Build cost is what the promoter 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
BhopalTown & Country Planning (DTCP)this project2 of 4 projects
Maharashtra Housing and Area Development Authority (MHADA)Housing Authority1 of 4 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 4 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 promoter, 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.

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Bhopal
Tehsil
Huzur
Planning area
Bhopal
Address
VARDHMAN GREEN ENCLAVE, AYODHYA BY-PASS ROAD, BHOPAL. VILLAGE- DAMKHEDA KHASRA NO. 89
What’s nearby
SchoolsNearest school 1.4km away
HealthcareHospital 748m away · Clinic within 2km
LifestylePark 788m away
ShoppingSupermarket 1.1km away
Getting around
Primary road 162 m · Ayodhya Bypass RoadRailway line 1.2 kmRailway station 1.7km away (Nishatpura)Limited bus connectivity nearby
Water & environment
Water body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹22.75 Cr declared to build 8 flats. What that works out to:

₹2.84 Crdeclared cost per flatall-in — land + construction
30%of the cost is land

This is what the promoter 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

Planning authority

RERA Madhya Pradesh · Approved building plan

Bhopal

Town & Country Planning (DTCP)
Building Permitapproved 29 Jul 2025 · 1 yr ago
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Bhopal

Town & Country Planning area · Bhopal district

Has approved 726 RERA projectsabout 1 in 7 in Madhya Pradesh.

a mixed market63% 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.

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.