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VISTARA TOWNSHIP PHASE-4 PART A

P-OTH-25-5752 · RERA Madhya Pradesh · https://gethorizon.in/projects/vistara-township-phase-4-part-a-juni-indore-jqx5j2po

01

Complete project overview

RERA Madhya Pradesh · Registration filing
Plots
6 plots
Quarterly reports
5 on file · latest Apr 2025 - Jun 2025quarterly progress certificates filed with RERA

Timeline

Project startedFeb 2025
RERA registeredJul 2025
Proposed completionFeb 2028
TodaySep 2026
02

Builder’s track record

RERA Madhya Pradesh · Builder registration

SAARTHAK COLONIZERS PRIVATE LIMITED

CompanyPromoter 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
Juni Indore
Planning area
Other
Address
Khasra Number 172/2 Village Arandia, Tehsil Indore Distt. Indore, M.P.
What’s nearby
Schools2 schools within 500m · 6 educational institutions within 1km · College or university 1.1km away
HealthcareHospital 80m away · 38 clinics within 1km · Pharmacy within 500m
LifestylePark 1.5km away · Gym or sports centre 1.2km away
ShoppingSupermarket 1.8km away · Convenience store within 1km · Bank 249m away
Getting around
Expressway 1.7 km · Ring RoadPrimary road 250 m · Ganesh Ganj MargRailway line 2.4 kmRailway station 2.5km away (Saifee Nagar)Bus stop within 500m
Water & environment
River 1.3 km · SaraswathiWater body 1.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹18.45 Lakh declared to build 6 plots. What that works out to:

₹3.08 Lakhdeclared cost per plotall-in — land + construction
44%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.

₹29,264per sq yd
₹35,000per sq m
Which rate
open plot, residential
Matched to
The rate published for “MAHESH NAGAR NEW MAHESH NAGAR”, 110 m from this project.
In force
2026-2027 schedule · effective Apr 2026

Colonies around this project

GULAB PARK COLONY₹28,000 / sq m₹23,412 / sq yd200 m
JUNA RAJ MOHALLA₹35,000 / sq m₹29,264 / sq yd270 m
PANCHMURTI NAGAR/LOKNAYAK NAGAR/SHRIKRISHNA NAGAR-COLONY/SHRIHARI COLONY/MALIPURA/GIRDHAR NAGAR/GULABBAI KA BAGICHA/DEVI INDIRA ADARSH NAGAR/GADARIYA MOHALLA/SIRPUR WARD 70/HARIJAN COLONY RAJMOHALLA₹23,000 / sq m₹19,231 / sq yd370 m
PANCHKUIYA/KAILASH MARG₹50,000 / sq m₹41,806 / sq yd390 m
SHUBHASH MARG₹50,000 / sq m₹41,806 / sq yd410 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 colony, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Madhya Pradesh · Approved building plan
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.

07

Other projects nearby

The register · within 25 km

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

Of the 609 projects the radar draws within 6 km — every kind, every stage — 201 are plotted projects still under way. This list keeps only those, and looks further out.

12 projects within 1 km — showing the nearest 6.

10 m awayPlotted Development

TRIVENI

NARAYAN AND SONS · Indore · Juni Indore

Jul 2024registered
Jun 2026target completion
Declared cost₹6.48 CrScale68 plotsAuthorityRERA Madhya Pradesh
330 m awayPlotted Development

SHREE SWASTIK VIHAR PHASE-3

SHREE SWASTIK INFRA PROJECTS · Indore · Malharganj

Jun 2026registered
Feb 2029target completion
Declared cost₹8.69 CrScale79 plotsAuthorityRERA Madhya Pradesh
380 m awayPlotted Development

GULMOHAR PARK

DELONIX DEVELOPERS PRIVATE LIMITED · Indore · Malharganj

Oct 2024registered
Jun 2027target completion
Declared cost₹5.76 CrScale54 plotsAuthorityRERA Madhya Pradesh
430 m awayPlotted Development

OMAXE PRATHAM PHASE-III

OMAXE LTD · Kanadia

Jun 2025registered
Oct 2027target completion
Declared cost₹3.75 CrScale4 plotsAuthorityRERA Madhya Pradesh
460 m awayPlotted Development

CLASSIC MEADOWS

MEADOWS GROUP · Indore · Bicholi Hapsi

Jan 2025registered
Sep 2027target completion
Declared cost₹3.60 CrScale69 plotsAuthorityRERA Madhya Pradesh
520 m awayPlotted Development

SREE RAM BUSINESS CENTRE PHASE 2

JKM INVESTMENT PRIVATE LIMITED · Indore · Malharganj

Mar 2025registered
Dec 2027target completion
Declared cost₹9.28 CrScale42 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.