Is GIRIRAJ CITY in Indore registered with MP RERA?

Yes, GIRIRAJ CITY is an official MP RERA registered project (Registration No: P-IND-17-126). The project is promoted by DRISHTI DEVCON PRIVATE LIMITED and is currently marked as EXTENDED.

Who is the developer of GIRIRAJ CITY?

GIRIRAJ CITY is developed by DRISHTI DEVCON PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

GIRIRAJ CITY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for GIRIRAJ CITY?

Data Provenance

Registration No

P-IND-17-126FACT

Project Name

GIRIRAJ CITYFACT

Status

EXTENDEDFACT

Promoter

DRISHTI DEVCON 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

GIRIRAJ CITY

Registration NumberFACT

P-IND-17-126

Project StatusFACT

EXTENDED

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

DRISHTI DEVCON PVT LTD

Estimated Land CostFACT

₹123.12 Lakh

Estimated Construction CostFACT

₹246.98 Lakh

Construction Cost / UnitDERIVED

₹1.13 Lakh

Across 218 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

218Total Units

SOLD UNITSFACT

131 (60.09%)

REMAINING UNITSFACT

87 (39.91%)

ABSORPTION RATEDERIVED

60.09%

Mahanka inventory observation: The statutory registry records 218 registered units, with 131 sold and 87 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Mix Size Plots	Plot	218	131	87	60.09%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

EXTENDED

Proposed StartFACT

2016-12-25

Proposed CompletionFACT

2019-12-31

Project AgeDERIVED

3533 days

Days OverdueDERIVED

2432 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 joshiguradhiyatahsil mhow vah jila indore ke sarv kramank 58/1, 59/1, 60/1, 61/1 kul

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

DRISHTI DEVCON PRIVATE LIMITED

Entity TypeFACT

Company

DRISHTI DEVCON PRIVATE LIMITED6 Total Indexed Projects

COMPLETED2

ONGOING3

EXTENDED1

OVERDUE3

Portfolio Absorption: 79.94% across 1,630 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 PassedNO

Formally Extended by AuthorityYES

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

281 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(78)

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: 2026-08-15T20:35:22.200Z

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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