Is GRANDE ZODIAC in Indore registered with MP RERA?

Yes, GRANDE ZODIAC is an official MP RERA registered project (Registration No: P-IND-20-2497). The project is promoted by SHREE SAI CORP and is currently marked as ONGOING.

Who is the developer of GRANDE ZODIAC?

GRANDE ZODIAC is developed by SHREE SAI CORP, an active real estate promoter in Indore, Madhya Pradesh.

GRANDE ZODIAC | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for GRANDE ZODIAC?

Data Provenance

Registration No

P-IND-20-2497FACT

Project Name

GRANDE ZODIACFACT

Status

ONGOINGFACT

Promoter

SHREE SAI CORPFACT

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

GRANDE ZODIAC

Registration NumberFACT

P-IND-20-2497

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

SHREE SAI CORP

Estimated Land CostFACT

₹2,326.86 Lakh

Estimated Construction CostFACT

₹5,238 Lakh

Construction Cost / UnitDERIVED

₹22.58 Lakh

Across 232 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

232Total Units

SOLD UNITSFACT

67 (28.88%)

REMAINING UNITSFACT

165 (71.12%)

ABSORPTION RATEDERIVED

28.88%

Mahanka inventory observation: The statutory registry records 232 registered units, with 67 sold and 165 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
shops	Commercial property	232	67	165	28.88%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2018-12-01

Proposed CompletionFACT

2021-11-30

Project AgeDERIVED

2827 days

Days OverdueDERIVED

1732 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasra no. 307/7/1, 307/8/1, 307/8/2, 308/2/1, 308/2/2, 308/3/1, 308/3/2, 308/4/2, 308/5/2, 308/5/3 Village TEJPUR GADBADI, Tehsil and District INDORE

Matched LocalityMATCHED

Tejpur Gadbadi

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Tejpur Gadbadi' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHREE SAI CORP

Entity TypeFACT

Partnership Firm / LLP

SHREE SAI CORP1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 28.88% across 232 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹25,000 / sqm

Multi-Story ResidentialMATCHED

₹30,000 / sqm

Commercial OfficeMATCHED

₹48,200 / sqm

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

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 YearsYES

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

509 categorized public files

OTHER(8)

APPROVAL(5)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(62)

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: 2026-08-15T20:37:44.500Z

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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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.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for GRANDE ZODIAC

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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