Is BLOCK B SARTHAK GALAXY in Indore registered with MP RERA?

Yes, BLOCK B SARTHAK GALAXY is an official MP RERA registered project (Registration No: P-IND-17-480). The project is promoted by SARTHAK ESTATE DEVELOPERS and is currently marked as ONGOING.

Who is the developer of BLOCK B SARTHAK GALAXY?

BLOCK B SARTHAK GALAXY is developed by SARTHAK ESTATE DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

BLOCK B SARTHAK GALAXY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for BLOCK B SARTHAK GALAXY?

Data Provenance

Registration No

P-IND-17-480FACT

Project Name

BLOCK B SARTHAK GALAXYFACT

Status

ONGOINGFACT

Promoter

SARTHAK ESTATE DEVELOPERSFACT

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

BLOCK B SARTHAK GALAXY

Registration NumberFACT

P-IND-17-480

Project StatusFACT

ONGOING

Project Type (Portal)FACT

Ongoing

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

Vijay Gupta & others

Estimated Land CostFACT

₹362 Lakh

Estimated Construction CostFACT

₹609.23 Lakh

Construction Cost / UnitDERIVED

₹11.28 Lakh

Across 54 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

54Total Units

SOLD UNITSFACT

45 (83.33%)

REMAINING UNITSFACT

9 (16.67%)

ABSORPTION RATEDERIVED

83.33%

Mahanka inventory observation: The statutory registry records 54 registered units, with 45 sold and 9 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
mix size flat(area in sqm carpet area)	Apartment	54	45	9	83.33%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2017-01-20

Proposed CompletionFACT

2021-01-20

Project AgeDERIVED

3507 days

Days OverdueDERIVED

2046 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

rau, indore

Matched LocalityMATCHED

Galaxy

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SARTHAK ESTATE DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

SARTHAK ESTATE DEVELOPERS6 Total Indexed Projects

COMPLETED2

ONGOING4

EXTENDED0

OVERDUE4

Portfolio Absorption: 49.02% across 563 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Guideline rates are displayed only when a project is linked to an official revenue locality with an EXACT or STRONG match tier. This project currently holds an unverified locality link.

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 YearsYES

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

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: 2026-08-15T20:43:08.754Z

Guideline rate benchmark is withheld because locality match is not EXACT or STRONG.
Coordinates are not published by MP RERA and are not invented.
Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

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