Is GEETANJALI PLAZA in Indore registered with MP RERA?

Yes, GEETANJALI PLAZA is an official MP RERA registered project (Registration No: P-IND-22-3742). The project is promoted by SHREE VINAYAK BUILDERS and is currently marked as ONGOING.

Who is the developer of GEETANJALI PLAZA?

GEETANJALI PLAZA is developed by SHREE VINAYAK BUILDERS, an active real estate promoter in Indore, Madhya Pradesh.

GEETANJALI PLAZA | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for GEETANJALI PLAZA?

Data Provenance

Registration No

P-IND-22-3742FACT

Project Name

GEETANJALI PLAZAFACT

Status

ONGOINGFACT

Promoter

SHREE VINAYAK 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

GEETANJALI PLAZA

Registration NumberFACT

P-IND-22-3742

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

Self owned

Estimated Land CostFACT

₹277.1 Lakh

Estimated Construction CostFACT

₹180 Lakh

Construction Cost / UnitDERIVED

₹3.1 Lakh

Across 58 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

58Total Units

SOLD UNITSFACT

13 (22.41%)

REMAINING UNITSFACT

45 (77.59%)

ABSORPTION RATEDERIVED

22.41%

Mahanka inventory observation: The statutory registry records 58 registered units, with 13 sold and 45 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
commercial units	Commercial property	58	13	45	22.41%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-07-01

Proposed CompletionFACT

2025-06-30

Project AgeDERIVED

1519 days

Days OverdueDERIVED

424 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

15, Chotta Sarafa, Indore

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHREE VINAYAK BUILDERS

Entity TypeFACT

Partnership Firm / LLP

SHREE VINAYAK BUILDERS7 Total Indexed Projects

COMPLETED1

ONGOING6

EXTENDED0

OVERDUE6

Portfolio Absorption: 34.81% across 158 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 ProjectFLAGGED

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

290 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(19)

REGISTRATION(2)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(52)

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: 2026-08-15T20:39:38.252Z

Locality is UNMATCHED: no verified spatial or text match in official gazette.
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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