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Detailed Report

VIDHYA NAGAR

P-OTH-23-4260 · RERA Madhya Pradesh · https://gethorizon.in/projects/vidhya-nagar-hatod-oek71kvv

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Project name
VIDHYA NAGAR
Plots
139 plots
Unit mix
120 × Residential Plot · 8 × Ews Plots · 6 × Commercial Plots 1 · 5 × Lig Plots
Quarterly reports
12 on file · latest Apr 2023 - Jun 2023quarterly progress certificates filed with RERA

Timeline

Project startedApr 2023
RERA registeredSep 2023
Proposed completionMar 2026
TodaySep 2026

Find your plot

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

139 plots across 4 batches
TypeArea sq mCount
Residential Plot120
Ews Plots8
Lig Plots5
Commercial Plots 16

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 size 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

NISHI ESTATE

Partnership Firm / LLPPromoter type
4Projects
2Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
637 plotson the public record across 4 projects
₹22.40 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 NISHI ESTATE— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 10 new projects last year
  • 55 nearby projects
exact address · geocoded from the filed address · 22.8284, 75.7904 · © OpenStreetMap contributors
District
Indore
Tehsil
Hatod
Planning area
Other
Address
Khasra no. 497/2/1, 498/1, 498/2, 498/3 village Paliyahaider, Tehsil Hatod District Indore
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Railway line 1.4 kmRailway station 956m away (Palia)Limited bus connectivity nearby
Water & environment
Water body 3.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.60 Cr declared to build 139 plots. What that works out to:

₹3.31 Lakhdeclared cost per plotall-in — land + construction
46%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 rate published for “VINAYAK GREENS (PALIYA HAIDAR) (S. R. SANWER)”, 140 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

TAKSHIT TOWN (PALIYA HAIDAR) (S.R. SANWER)₹15,000 / sq m₹12,542 / sq yd310 m
TULSI AVENUE (PALIYA HAIDAR) (S.R. SANWER)₹15,000 / sq m₹12,542 / sq yd450 m
SWASTI GREENS (PALIYA HAIDAR) (S.R SANWER)₹12,000 / sq m₹10,034 / sq yd470 m
PALIYA HAIDAR (S.R. SANWER)₹5,000 / sq m₹4,181 / sq yd960 m
KHARWAKHEDI (S.R. SANWER)₹2,600 / sq m₹2,174 / sq yd1.2 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
Layout Permitapproved 29 Sep 2023 · 3 yrs ago

The promised possession date (13 Mar 2026) 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.

07

Other projects nearby

The register · within 25 km

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

Of the 55 projects the radar draws within 6 km — every kind, every stage — 36 are plotted projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

10 m awayPlotted Development

SWASTI GREENS

SHRI KRISHNA DEVCON LIMITED · Hatod

May 2026registered
Jun 2028target completion
Declared cost₹7.32 CrScale6 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.
  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/vidhya-nagar-hatod-oek71kvv.

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.