Upcoming Project
Emerald Horizon Tower in Kanadiya, Indore: Upcoming 3 and 4 BHK Project by Emerald Developers
Emerald Horizon Tower, a 72-unit residential project by Emerald Developers in Kanadiya, Indore, is listed as upcoming as of October 2026. It offers 3 BHK and 4 BHK apartments, with the 3 BHK priced from ₹2.46 crore.
| Developer | Emerald Developers, Indore (part of the Agarwal Group) |
|---|---|
| Location | Kanadiya (also written Kanadia), Indore, Madhya Pradesh, pincode 452016. Some listings place the project in Bicholi Hapsi. |
| Status (as of October 2026) | Upcoming. Some property listing sites tag it as a new launch. |
| Product and configurations | Residential apartments, 3 BHK and 4 BHK |
| Unit size | 2,456 sq ft to 3,355 sq ft |
| Scale | 72 units on 1.34 acres |
| Price band | ₹2.46 crore to ₹3.36 crore for 3 and 4 BHK; developer's own page shows price on request |
| Possession | December 2028, as shown on property listing sites |
| RERA registration | P-IND-26-6518, as stated on the developer's projects page; regulated by RERA Madhya Pradesh |
Project status and what is known
Emerald Horizon Tower is listed as an upcoming residential project in Kanadiya, Indore, by Emerald Developers. The developer's own projects page names the project as Horizon Tower and gives its RERA registration number as P-IND-26-6518. Property listing sites carry it under the name Horizon Tower by Emerald Select.
The project is listed with 72 units across a land area of 1.34 acres. As of October 2026, the project has not been named in the developer's May 2026 portfolio announcement, which covered Kingsvilla, Emerald World Park, Agarwal One, Emerald Forum and Paradise Cove and Crescent.
- Product: residential apartments in 3 BHK and 4 BHK configurations.
- Developer's own page lists the unit size range as 2,456 sq ft to 3,355 sq ft.
- Possession is shown as December 2028 on property listing sites.
Pricing
Property listings show a 3 BHK at ₹2.46 crore, posted by the builder on 26 July 2026. Listings give a price band of ₹2.46 crore to ₹3.36 crore across the 3 and 4 BHK units. The developer's own page shows the price as on request.
At ₹2.46 crore for 2,456 sq ft, the 3 BHK works out to roughly ₹10,000 per sq ft. This is an arithmetic figure from the listed price and size, not a published rate.
Location and connectivity
Kanadiya lies along the Kanadia Road corridor in western Indore. The stretch is connected by NH-52, the Eastern Ring Road and Garipipliya Road. Indore Junction is the nearest railway station, reached via Kanadia Main Road and Mahatma Gandhi Road. Devi Ahilyabai Holkar Airport can be reached from Kanadia Road via Airport Road.
Indore Metro's Yellow Line opened on 31 May 2025 on its first 6 km priority corridor. Priority corridor 2 (Super Corridor 2 to Radisson Square) was inaugurated on 5 September 2026, with regular service from 6 September 2026. Line 3 is planned to have a Bengali Square station serving Kanadia Road, linking it to Palasia and the airport; its completion date has not been fixed in published reports.
Nearby social infrastructure
Schools listed in and around Kanadiya and Kanadia Road include Shishukunj Pre School, Chetna Public School, Deepika High School, Karnataka Vidya Niketan, Crown Public School and Tagore Public School.
Hospitals listed in the area include Nahar Nursing Home, Eureka Hospital, Shri Vaishnav Hospital, Sevakunj Hospital and Research Center, M S J Hospital at Priti Nagar, and Mayur Hospital and Research Center on the Ring Road.
Retail nearby includes D-Mart Kanadia, and a planned mall, Phoenix Market City, is reported in the vicinity. Office hubs listed as reachable include Singapore, Uno, Metro and Central business parks.
Road infrastructure
The Indore Municipal Corporation approved a Kanadia Road to Khajrana Temple link road on 18 August 2026, as reported by national news outlets. The approved link road is a public-private partnership item. Indore's Ring Road is a 21 km six-lane road running from Dewas Naka in the north to Chandan Nagar in the south.
Local market
Listing-portal data as of October 2026 puts the average apartment rate in Kanadiya at ₹6,950 per sq ft, with prices reported up 15.8% over the past year. Kanadia Road averages ₹4,050 per sq ft. Bicholi Hapsi, which some listings name as the location, averages ₹4,850 per sq ft, with prices reported down 26% over the past year.
About the developer
Emerald Developers is the real estate arm of the Agarwal Group, which the developer describes as trusted since 1974 and as Central India's largest business conglomerate. The developer says it holds a land bank of more than 500 acres. Tapan Agarwal is founder and CEO, Vinod Agarwal is chairman, and Archhana Agarwaal is Vice President, Sales and Marketing.
Listing data shows 10 projects by the developer, six of them completed. Its other Indore projects include Agarwal One in Vijay Nagar, Emerald Nirvana in Jhalaria, Emerald Pratham on the Bicholi Mardana bypass, and Emerald Anutham in Devguradia.
Frequently asked questions
What is the current status of Emerald Horizon Tower?
As of October 2026, the project is listed as upcoming. Some property listing sites tag it as a new launch. No launch or booking date has been published.
What configurations does the project offer?
The project offers 3 BHK and 4 BHK apartments. The developer's page gives a unit size range of 2,456 sq ft to 3,355 sq ft.
How much does a unit cost?
Listings show a 3 BHK at ₹2.46 crore, with a price band of ₹2.46 crore to ₹3.36 crore across 3 and 4 BHK units. The developer's own page shows the price on request.
When is possession expected?
Property listing sites show possession in December 2028. This date comes from the listings, not from a published developer timeline.
Is the project registered under RERA?
The developer's projects page gives RERA registration number P-IND-26-6518. Indore projects fall under RERA Madhya Pradesh.
How well connected is Kanadiya?
Kanadiya is served by NH-52, the Eastern Ring Road and Garipipliya Road. Indore Junction railway station and the airport are reachable from Kanadia Road, and Indore Metro's Yellow Line has been operating since 31 May 2025.