Is ELITE APEX in Indore registered with MP RERA?

Yes, ELITE APEX is an official MP RERA registered project (Registration No: P-IND-17-639). The project is promoted by SAKAR BUILDERS and is currently marked as ONGOING.

Who is the developer of ELITE APEX?

ELITE APEX is developed by SAKAR BUILDERS, an active real estate promoter in Indore, Madhya Pradesh.

ELITE APEX | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for ELITE APEX?

Data Provenance

Registration No

P-IND-17-639FACT

Project Name

ELITE APEXFACT

Status

ONGOINGFACT

Promoter

SAKAR BUILDERSFACT

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

ELITE APEX

Registration NumberFACT

P-IND-17-639

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

Khasra No. 161/1/2,161/1/3,161/1/4,161/1/5,161/1/6,162/1,162/2 owned by Sakar Builders and 161/1/1.161/2 owned by Satguru Grah Nirman Sahkari Santha.

Estimated Land CostFACT

—

Estimated Construction CostFACT

—

Construction Cost / UnitDERIVED

—

Across 161 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

161Total Units

SOLD UNITSFACT

161 (100%)

REMAINING UNITSFACT

0 (0%)

ABSORPTION RATEDERIVED

100%

Mahanka inventory observation: The statutory registry records 161 registered units, with 161 sold and 0 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
RESIDENTIAL	Apartment	161	161	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

1970-01-01

Proposed CompletionFACT

2020-03-31

Project AgeDERIVED

20693 days

Days OverdueDERIVED

2341 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Gram Pipliya kumar Near Mahalaxmi Nagar Tehsil/ Distt Indore (Khasra No 161/1/2, 161/1/3 ..etc)

Matched LocalityMATCHED

Mahalaxmi Nagar

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SAKAR BUILDERS

Entity TypeFACT

Partnership Firm / LLP

SAKAR BUILDERS1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 100% across 161 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.

10. Indexed Statutory DocumentsFACT

183 categorized public files

OTHER(8)

APPROVAL(3)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(64)

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: 2026-08-15T20:45:08.997Z

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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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

City Directory

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for ELITE APEX

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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