Is DREAM TOWN in Indore registered with MP RERA?

Yes, DREAM TOWN is an official MP RERA registered project (Registration No: Indexed). The project is promoted by SHAGUN AASHIYANA PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of DREAM TOWN?

DREAM TOWN is developed by SHAGUN AASHIYANA PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

DREAM TOWN | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for DREAM TOWN?

Data Provenance

Registration No

—FACT

Project Name

DREAM TOWNFACT

Status

ONGOINGFACT

Promoter

SHAGUN AASHIYANA PRIVATE LIMITEDFACT

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

DREAM TOWN

Registration NumberFACT

Not published

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

Dr. Ambedkar Nagar (Mhow)

Land OwnershipFACT

Manoram Solanki

Estimated Land CostFACT

₹459 Lakh

Estimated Construction CostFACT

₹704 Lakh

Construction Cost / UnitDERIVED

₹2.52 Lakh

Across 279 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

279Total Units

SOLD UNITSFACT

0 (0%)

REMAINING UNITSFACT

279 (100%)

ABSORPTION RATEDERIVED

Mahanka inventory observation: The statutory registry records 279 registered units, with 0 sold and 279 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential 1	Plot	32	—	32	—
Residential 2	Plot	17	—	17	—
Residential 3	Plot	54	—	54	—
Residential 4	Plot	118	—	118	—
Residential 5	Plot	20	—	20	—
Residential 6	Plot	8	—	8	—
EWS G+3	Plot	30	—	30	—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED

Proposed StartFACT

2015-01-01

Proposed CompletionFACT

—

Project AgeDERIVED

4257 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. 107/2/2 Village Borkhedi , Dr Ambetkar nagar, dist. Indore MP

Matched LocalityMATCHED

Borkhedi

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'borkhedi' equals locality 'Borkhedi'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHAGUN AASHIYANA PRIVATE LIMITED

Entity TypeFACT

Company

SHAGUN AASHIYANA PRIVATE LIMITED3 Total Indexed Projects

COMPLETED0

ONGOING3

EXTENDED0

OVERDUE1

Portfolio Absorption: 6.19% across 678 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹1,500 / sqm

Multi-Story ResidentialMATCHED

₹0 / sqm

Commercial OfficeMATCHED

₹11,600 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Borkhedi

13 Peers in LocalityAvg Peer Absorption: 45%

Project	Promoter	Status	Units	Absorption	Completion
ANANDPURAM COLONY	gv	ONGOING	171	0%	2023-12-08
GREEN AASHIYANA RESIDENCY	aashiyana-shagun	ONGOING	218	0%	—
DHAROHAR RESIDENCY	aashiyana-shagun	ONGOING	181	23.2%	2022-06-30
BALAJI RESIDENCY	balaji	COMPLETED	178	79.21%	2023-10-01
SHREE BALAJI VIHAR	shree	ONGOING	302	63.91%	2023-08-31
SHREE VINAYAK GREENS	associates-poorva	ONGOING	344	63.08%	2025-08-23
RAMESHWAR DHAM	nathji-shree	ONGOING	208	57.21%	2025-04-26
SHREE BALAJI VIHAR-2	shree	ONGOING	51	94.12%	2025-04-29

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 YearsYES

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

10. Indexed Statutory DocumentsFACT

11 categorized public files

APPROVAL(3)

OTHER(4)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

75%Completeness Index

promoterPRESENT

timelinePARTIAL

documentsPRESENT

inventoryPRESENT

project locationPRESENT

registration numberMISSING

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:35:09.239Z

Registration number is missing from the RERA source listing.
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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