MAHANKA/Indore/RERA/GARDEN CITY

GARDEN CITYONGOING

★Are you the official developer or sales mandate for GARDEN CITY?
Data Provenance
Registration No
P-IND-17-546FACT
Project Name
GARDEN CITYFACT
Status
ONGOINGFACT
Promoter
JRPL 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
GARDEN CITY
Registration NumberFACT
P-IND-17-546
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
KHASARA NO 21/1/4,21/2/1,75/2/4,21/1/2,21/1/3 OWNED BY PROMOTER AND KHASARA NO 74/3,74/4/2,74/5,72/1,73/1/2,74/1,74/4/1 OWNED BY MADAN LAL PATIDAR AND KAILASH PATIDAR WHICH IN RATIO DEAL WITH PROMOTER
Estimated Land CostFACT
₹1,865.16 Lakh
Estimated Construction CostFACT
₹904.36 Lakh
Construction Cost / UnitDERIVED
₹1.49 Lakh
Across 605 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

605Total Units
SOLD UNITSFACT
257 (42.48%)
REMAINING UNITSFACT
348 (57.52%)
ABSORPTION RATEDERIVED
42.48%

Mahanka inventory observation: The statutory registry records 605 registered units, with 257 sold and 348 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
PlotsPlot60525734842.48%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2016-03-22
Proposed CompletionFACT
2019-03-21
Project AgeDERIVED
3811 days
Days OverdueDERIVED
2717 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
VILLAGE PALAKEHDI TEHSIL HATOD SUPER CORRIDOR INDORE , M.P.
Matched LocalityMATCHED
Garden City
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Garden City' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
JRPL ESTATE DEVELOPERS
Entity TypeFACT
Partnership Firm / LLP
JRPL ESTATE DEVELOPERS2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 48.13% across 854 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹15,000 / sqm
Multi-Story ResidentialMATCHED
₹23,000 / sqm
Commercial OfficeMATCHED
₹40,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Garden City

1 Peers in LocalityAvg Peer Absorption: 62%
ProjectPromoterStatusUnitsAbsorptionCompletion
CRESENT GARDEN CITYestate-jrplONGOING24961.85%2019-11-20

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

94 categorized public files

APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Building Permission Authority
OTHER(35)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Brochure
  • 📄 Project Status
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(36)
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Oct 2018 - Dec 2018
  • 📄 Oct 2018 - Dec 2018
  • 📄 Oct 2018 - Dec 2018
  • 📄 Oct 2018 - Dec 2018
  • 📄 Jul 2018 - Sep 2018
  • 📄 Jul 2018 - Sep 2018
  • 📄 Jul 2018 - Sep 2018
  • 📄 Jul 2018 - Sep 2018
ALLOTMENT(1)
  • 📄 Draft Agreement

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: 2026-08-15T20:35:38.415Z
  • Coordinates are not published by MP RERA and are not invented.
  • Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as GARDEN CITY.

View all Indore projects →
ONGOING
📍 2.5 km

CRESENT GARDEN CITY

Promoter: JRPL ESTATE DEVELOPERS

Expected: 2019-11-20Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for GARDEN CITY

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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