DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY | MP RERA Project Intelligence & Guideline Benchmark

Q: Is DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY in Indore registered with MP RERA?

Yes, DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY is an official MP RERA registered project (Registration No: P-IND-18-1748). The project is promoted by INDORE MUNICIPAL CORPORATION and is currently marked as EXTENDED.

★Are you the official developer or sales mandate for DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY?

Data Provenance

Registration No

P-IND-18-1748FACT

Project Name

DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAYFACT

Status

EXTENDEDFACT

Promoter

INDORE MUNICIPAL CORPORATIONFACT

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

DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY

Registration NumberFACT

P-IND-18-1748

Project StatusFACT

EXTENDED

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

Indore Municipal Corporation

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹18,945.15 Lakh

Construction Cost / UnitDERIVED

₹11.55 Lakh

Across 1640 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

1640Total Units

SOLD UNITSFACT

1484 (90.49%)

REMAINING UNITSFACT

156 (9.51%)

ABSORPTION RATEDERIVED

90.49%

Mahanka inventory observation: The statutory registry records 1640 registered units, with 1484 sold and 156 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
IBHK	Apartment	1280	1124	156	87.81%
2BHK	Apartment	360	360	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

EXTENDED

Proposed StartFACT

2017-12-08

Proposed CompletionFACT

2024-12-31

Project AgeDERIVED

3185 days

Days OverdueDERIVED

605 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

SATPURA PARISAR ALONG MR-5, BADA BANGARDA/ BUDHANIA VILLAGE, INDORE

Matched LocalityMATCHED

Bada Bangarda

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

INDORE MUNICIPAL CORPORATION

Entity TypeFACT

Government/Semi Government Agency

INDORE MUNICIPAL CORPORATION18 Total Indexed Projects

COMPLETED3

ONGOING12

EXTENDED3

OVERDUE6

Portfolio Absorption: 77.08% across 16,710 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 PassedNO

Formally Extended by AuthorityYES

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.

10. Indexed Statutory DocumentsFACT

583 categorized public files

APPROVAL(4)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(8)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(63)

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: 2026-08-15T20:36:51.271Z

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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Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY.

View all Indore projects →

COMPLETED

📍 2.5 km