MAHANKA/Indore/RERA/AVASA GRANDE

AVASA GRANDECOMPLETED

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Data Provenance
Registration No
P-IND-21-3060FACT
Project Name
AVASA GRANDEFACT
Status
COMPLETEDFACT
Promoter
SHRI SHRISTI CONSTRUCTION PVT. LTD.FACT
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
AVASA GRANDE
Registration NumberFACT
P-IND-21-3060
Project StatusFACT
COMPLETED
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
Indore
Land OwnershipFACT
Part of land owned by promoter and for part land joint venture is done with the land owner
Estimated Land CostFACT
₹1,659.44 Lakh
Estimated Construction CostFACT
₹900 Lakh
Construction Cost / UnitDERIVED
₹4.86 Lakh
Across 185 registered units
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

185Total Units
SOLD UNITSFACT
93 (50.27%)
REMAINING UNITSFACT
92 (49.73%)
ABSORPTION RATEDERIVED
50.27%

Mahanka inventory observation: The statutory registry records 185 registered units, with 93 sold and 92 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
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LIG 1Plot110100%
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EWSPlot1010%
Multi-storey Plot 2Plot110100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2020-03-01
Proposed CompletionFACT
2025-12-10
Project AgeDERIVED
2371 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra No. 401, 403 etc. Village Bijalpur Tehsil & District- Indore
Matched LocalityMATCHED
Bijalpur
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'bijalpur' equals locality 'Bijalpur'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SHRI SHRISTI CONSTRUCTION PVT. LTD.
Entity TypeFACT
Company
SHRI SHRISTI CONSTRUCTION PVT. LTD.7 Total Indexed Projects
COMPLETED4
ONGOING2
EXTENDED1
OVERDUE1
Portfolio Absorption: 33.21% across 533 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹25,000 / sqm
Multi-Story ResidentialMATCHED
₹30,000 / sqm
Commercial OfficeMATCHED
₹48,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bijalpur

20 Peers in LocalityAvg Peer Absorption: 36%
ProjectPromoterStatusUnitsAbsorptionCompletion
GOLD VISTAgold-vistaCOMPLETED2556%2024-12-01
SPRING FIELDenterprises-rabsukhONGOING270%2024-11-30
SHANTI ALNIMAHdevcon-radhikaONGOING———
NIRVANA PRIMEco-mandhwani-mandhwani-mandhwani-pinanlal-promoter-sandeep-sarlaONGOING70%2022-12-31
OPERA GREENSrealmart-unitedCOMPLETED40100%2018-07-10
RCM PRIMEanandam-estatesCOMPLETED2536%2023-06-30
ALI TOWNSHIP PHASE-1estate-msd-realCOMPLETED28248.23%2022-03-30
TIRUMALA ADDRESStargetONGOING51312.28%2022-02-28

9. Observable Risk & Delay SignalsINFERRED

Independent regulatory observations (not a composite score)

Proposed Completion Date PassedNO
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

164 categorized public files

APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(14)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
  • 📄 Schedule C
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(57)
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

100%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberPRESENT
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:38:44.728Z
  • 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 AVASA GRANDE.

View all Indore projects →
COMPLETED
📍 2.5 km

AVASA ANNEXE 1

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2025-09-30Inspect →
ONGOING
📍 2.5 km

AVASA PRANGAN

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2028-07-31Inspect →
EXTENDED
📍 2.5 km

EWS BLOCK AVASA GRANDE

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2026-03-31Inspect →
ONGOING
📍 2.5 km

AVASA PRIME

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2025-07-31Inspect →
COMPLETED
📍 2.5 km

AVASA

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2018-12-31Inspect →
COMPLETED
📍 2.5 km

AVASA AVENUE

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2019-08-01Inspect →
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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 AVASA GRANDE

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)
🏛️

Direct Institutional Mortgage Matching

Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.