Is EXOTICA GREENS in Indore registered with MP RERA?

Yes, EXOTICA GREENS is an official MP RERA registered project (Registration No: P-IND-25-5507). The project is promoted by NITESH CHUGH and is currently marked as ONGOING.

Who is the developer of EXOTICA GREENS?

EXOTICA GREENS is developed by NITESH CHUGH, an active real estate promoter in Indore, Madhya Pradesh.

EXOTICA GREENS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for EXOTICA GREENS?

Data Provenance

Registration No

P-IND-25-5507FACT

Project Name

EXOTICA GREENSFACT

Status

ONGOINGFACT

Promoter

NITESH CHUGHFACT

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

EXOTICA GREENS

Registration NumberFACT

P-IND-25-5507

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

Indore

Land OwnershipFACT

M/s Satyam Trading Co., Manish Khemlani and Naresh Khemlani & Nitesh Chugh

Estimated Land CostFACT

₹247.03 Lakh

Estimated Construction CostFACT

₹275 Lakh

Construction Cost / UnitDERIVED

—

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

—Total Units

SOLD UNITSFACT

— (—)

REMAINING UNITSFACT

— (—)

ABSORPTION RATEDERIVED

—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2023-06-01

Proposed CompletionFACT

2027-05-31

Project AgeDERIVED

1185 days

Days to CompletionDERIVED

275 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey no. 206/1/2, 205/2/ Min-1, 206/1/1/2, 206/2/1, 205/1, 205/2 Peki, 205/3, 206/1/1/1 and 206/2/2 at Village Bhicholi Mardana, Tehsil Bhicholi Hapsi, District Indore

Matched LocalityMATCHED

Exotica Greens

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Exotica Greens' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

NITESH CHUGH

Entity TypeFACT

Individual

NITESH CHUGH2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE0

Portfolio Absorption: 0% across 198 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹12,700 / sqm

Multi-Story ResidentialMATCHED

₹16,000 / sqm

Commercial OfficeMATCHED

₹34,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Exotica Greens

2 Peers in LocalityAvg Peer Absorption: 0%

Project	Promoter	Status	Units	Absorption	Completion
EXOTICA GREENS	chugh-co-khemlani-khemlani-manish-naresh-nitesh-satyam-trading	ONGOING	198	0%	—
EXOTICA GREENS	chugh-nitesh	ONGOING	198	0%	—

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

71 categorized public files

OTHER(31)

APPROVAL(4)

REGISTRATION(2)

ALLOTMENT(1)

📄 Draft Agreement

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(31)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryMISSING

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:42:23.580Z

Inventory unit counts were not reported in the RERA project filing.
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 EXOTICA GREENS.

View all Indore projects →

ONGOING

📍 2.5 km

EXOTICA GREENS

Promoter: NITESH CHUGH

RERA ActiveInspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

71 indexed documents

Latest QPR

No QPR found in indexed source

Not found in indexed source

Latest APR

No APR found in indexed source

Not found in indexed source

Completion certificate

No certificate found in indexed source

Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

RERA registration numberFoundP-IND-25-5507

Promoter identityFoundNITESH CHUGH

Proposed completion dateFound2027-05-31

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRReviewNo APR was found in the indexed source.

Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.

Timeline changesReview1 source changes are visible in the project timeline.

Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

EXOTICA GREENSONGOING EXOTICA GREENSONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying

Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955

Email: secretaryrera@mp.gov.in

Portal: Official website ↗

Last verified: 29 Aug 2026Published MP RERA record ↗

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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.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for EXOTICA GREENS

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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