MAHANKA/Indore/RERA/AJAY CITY

AJAY CITYONGOING

★Are you the official developer or sales mandate for AJAY CITY?
Data Provenance
Registration No
P-OTH-25-5392FACT
Project Name
AJAY CITYFACT
Status
ONGOINGFACT
Promoter
IDEAL INFRABUILDFACT
Locality Link
UNMATCHEDNOT ASSESSED
Coordinates
Not available from sourceNOT ASSESSED
Last verified: 15 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT
AJAY CITY
Registration NumberFACT
P-OTH-25-5392
Project StatusFACT
ONGOING
Project Type (Portal)FACT
New
First Seen in IndexDERIVED
15/8/2026
Last CrawledDERIVED
15/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT
Other
Land OwnershipFACT
Mr. Manohar Singh and Smt Sugan Bai
Estimated Land CostFACT
₹133.58 Lakh
Estimated Construction CostFACT
₹154.04 Lakh
Construction Cost / UnitDERIVED
—
Postal PincodeFACT
—

Source: MP RERA Form B / project detail disclosure. Cost per unit is derived from estimated construction cost divided by total registered units.

3. Inventory & AbsorptionDERIVED

Category-level unit allocation and absorption rate

—Total Units
SOLD UNITSFACT
— (—)
REMAINING UNITSFACT
— (—)
ABSORPTION RATEDERIVED
—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2023-10-25
Proposed CompletionFACT
2025-12-31
Project AgeDERIVED
1038 days
Days OverdueDERIVED
240 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra no. 673/2/2 Village Hatod Tehsil Indore, District Indore, M.P.
Matched LocalityMATCHED
Ajay City
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Ajay City' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
IDEAL INFRABUILD
Entity TypeFACT
Partnership Firm / LLP
IDEAL INFRABUILD2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 50.55% across 182 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹15,000 / sqm
Multi-Story ResidentialMATCHED
₹23,000 / sqm
Commercial OfficeMATCHED
₹38,100 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Ajay City (Match Tier: STRONG).

9. Observable Risk & Delay SignalsINFERRED

Independent regulatory observations (not a composite score)

Proposed Completion Date PassedYES
Formally Extended by AuthorityNO
High Remaining Inventory on Overdue ProjectNO
Project Age Over 5 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

59 categorized public files

APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
FINANCIAL(1)
  • 📄 Engineer's Certificate
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(26)
  • 📄 Schedule F (Draft Brochure)
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Schedule A
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule E
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule B
ALLOTMENT(1)
  • 📄 Draft Agreement
PHOTOGRAPH(24)
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryMISSING
project locationPRESENT
registration numberPRESENT
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:42:25.720Z
  • Inventory unit counts were not reported in the RERA project filing.
  • Coordinates are not published by MP RERA and are not invented.
  • Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as AJAY CITY.

View all Indore projects →
ONGOING
📍 2.5 km

IDEAL LOTUS VILLAS

Promoter: IDEAL INFRABUILD

Expected: 2025-06-30Inspect →
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Official Regulatory Source

This record was extracted from the public Madhya Pradesh Real Estate Regulatory Authority (MP RERA) registry.

View on MP RERA Portal
Source System:MP RERA Public Register
QA State:VERIFIED PUBLIC RECORD

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for AJAY CITY

Live borrowing capacity, exact stamp dues, and institutional protection underwriting.

Loan-to-Value (LTV):
Tenure:
Benchmark Rate:8.5% p.a.
Max Loan Sanction (80% LTV)
₹ 60,00,000
Collateral Base: ₹ 75,00,000
Indicative EMI (20 Yrs @ 8.5%)
₹ 52,069 / mo
Principal + Interest Component
Total Upfront Cash Required
₹ 23,02,500
20% Margin (₹ 15,00,000) + Govt Dues (₹ 7,87,500) + Legal Vetting (₹ 15,000)
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