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VINAYAK DREAMS

P-IND-24-4746 · RERA Madhya Pradesh · https://gethorizon.in/projects/vinayak-dreams-indore-hatod-x2ui3gcs

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
20 plots
Quarterly reports
9 on file · latest Jan 2024 - Mar 2024quarterly progress certificates filed with RERA

Timeline

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

Builder’s track record

RERA Madhya Pradesh · Builder registration

VINAYAK DEVELOPERS

Partnership Firm / LLPPromoter type
55Projects
26Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
3,775 homes · 1,286 plotson the public record across 55 projects
1,70,000 sq mbuilt-up filed
78,001 sq mplotted area
2,08,116 sq mland declared
₹395.96 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
Ahmedabad Municipal CorporationMunicipal / Corporation5 of 35 projects
Thane Municipal CorporationMunicipal Corporation4 of 35 projects
Jaipur Development AuthorityDevelopment Authority3 of 35 projects
Vadodara Municipal CorporationMunicipal / Corporation3 of 35 projects
Ahmedabad Urban Development AuthorityUrban Development Authority2 of 35 projects
IndoreTown & Country Planning (DTCP)this project2 of 35 projects
Others2 of 35 projects
UjjainTown & Country Planning (DTCP)2 of 35 projects
Bhavnagar Area Development AuthorityUrban Development Authority1 of 35 projects
Dabhoi MunicipalityMunicipal / Corporation1 of 35 projects
Halol MunicipalityMunicipal / Corporation1 of 35 projects
HardaTown & Country Planning (DTCP)1 of 35 projects
Kalyan Dombivli Municipal CorporationMunicipal Corporation1 of 35 projects
Nagar PalikaMunicipal Council1 of 35 projects
NarmadapuramTown & Country Planning (DTCP)1 of 35 projects
New Barrackpore MunicipalityMunicipality1 of 35 projects
Pimpri Chinchwad Municipal CorporationMunicipal Corporation1 of 35 projects
Rajkot Municipal CorporationMunicipal / Corporation1 of 35 projects
Surat Municipal CorporationMunicipal / Corporation1 of 35 projects
Veraval Taluka Panchayat And Junagadh Nagar Niyojak1 of 35 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 VINAYAK DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Madhya Pradesh · Registration filing
District
Indore
Tehsil
Hatod
Planning area
Indore
Address
Khasra no. 12/3, 12/4 & 12/5 at Village Dhankhedi Tehsil Sanwer & District Indore.
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 3.4 km · Ujjain RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 606 m · Kanh RiverWater body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.74 Cr declared to build 20 plots. What that works out to:

₹43.72 Lakhdeclared cost per plotall-in — land + construction
25%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 middle rate of the 54 colonies within 3 km of this project — its neighbourhood, not a single colony.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

SHRI KARANI KUNJ VIHAR (DHANKHEDI)₹12,000 / sq m₹10,034 / sq yd450 m
DHAN CITY-2 (DHAN KHEDI)₹15,000 / sq m₹12,542 / sq yd460 m
IMPERIAL PALACE (DHANKHEDI)₹15,000 / sq m₹12,542 / sq yd520 m
RUDRAKSH AANAND (DHANKHEDI)₹12,000 / sq m₹10,034 / sq yd660 m
DHANCITY (DHANKHEDI)₹10,000 / sq m₹8,361 / sq yd690 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 locality, 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 14 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

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

2 projects within 1 km — showing the nearest 2.

SawerPlotted Development

RUDRAAKSH AANAND

M/S RUDRA BUILDCON

Apr 2026registered
Jan 2029target completion
Declared cost₹8.81 CrScale5 plotsAuthorityRERA Madhya Pradesh
SanwerPlotted Development

IMPERIAL PALACE

IMPERIAL ACRES PRIVATE LIMITED

Sep 2024registered
Jun 2027target completion
Declared cost₹20.29 CrScale143 plotsAuthorityRERA Madhya Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.