Is GIRIRAJ VALLEY in Indore registered with MP RERA?

Yes, GIRIRAJ VALLEY is an official MP RERA registered project (Registration No: P-MHW-17-103). The project is promoted by DRISHTI DEVCON PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of GIRIRAJ VALLEY?

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

GIRIRAJ VALLEY | MP RERA Project Intelligence & Guideline Benchmark

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

Data Provenance

Registration No

P-MHW-17-103FACT

Project Name

GIRIRAJ VALLEYFACT

Status

ONGOINGFACT

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 VALLEY

Registration NumberFACT

P-MHW-17-103

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

Dr. Ambedkar Nagar (Mhow)

Land OwnershipFACT

Drasti Devcon Pvt Ltd

Estimated Land CostFACT

₹333.91 Lakh

Estimated Construction CostFACT

₹465.21 Lakh

Construction Cost / UnitDERIVED

₹0.88 Lakh

Across 529 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

529Total Units

SOLD UNITSFACT

367 (69.38%)

REMAINING UNITSFACT

162 (30.62%)

ABSORPTION RATEDERIVED

69.38%

Mahanka inventory observation: The statutory registry records 529 registered units, with 367 sold and 162 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Mix Size Plots	Plot	529	367	162	69.38%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2016-03-22

Proposed CompletionFACT

2019-03-31

Project AgeDERIVED

3811 days

Days OverdueDERIVED

2707 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 Pipliyalohar, Tehsil Mahu Jila Indore, Survey K 4/3, 4/2/2 main 1

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 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

188 categorized public files

ALLOTMENT(1)

📄 Draft Agreement

APPROVAL(3)

OTHER(16)

PHOTOGRAPH(57)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

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: 2026-08-15T20:43:27.187Z

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.

🗺