Is JAIN DIWAKAR CORRIDOR in Indore registered with MP RERA?

Yes, JAIN DIWAKAR CORRIDOR is an official MP RERA registered project (Registration No: P-IND-21-2999). The project is promoted by VIJAY BABULAL JAIN REAL ESTATES and is currently marked as ONGOING.

Who is the developer of JAIN DIWAKAR CORRIDOR?

JAIN DIWAKAR CORRIDOR is developed by VIJAY BABULAL JAIN REAL ESTATES, an active real estate promoter in Indore, Madhya Pradesh.

JAIN DIWAKAR CORRIDOR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for JAIN DIWAKAR CORRIDOR?

Data Provenance

Registration No

P-IND-21-2999FACT

Project Name

JAIN DIWAKAR CORRIDORFACT

Status

ONGOINGFACT

Promoter

VIJAY BABULAL JAIN REAL ESTATESFACT

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

JAIN DIWAKAR CORRIDOR

Registration NumberFACT

P-IND-21-2999

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

VIJAY BABULAL JAIN REAL ESTATE

Estimated Land CostFACT

₹1,959.27 Lakh

Estimated Construction CostFACT

—

Construction Cost / UnitDERIVED

—

Across 423 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

423Total Units

SOLD UNITSFACT

226 (53.43%)

REMAINING UNITSFACT

197 (46.57%)

ABSORPTION RATEDERIVED

53.43%

Mahanka inventory observation: The statutory registry records 423 registered units, with 226 sold and 197 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Plot	Plot	373	226	147	60.59%
LIG Plot	Plot	15	0	15	0%
EWS Plot	Plot	26	0	26	0%
Commercial Cum Residential Plot	Plot	9	0	9	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-07-01

Proposed CompletionFACT

2024-06-30

Project AgeDERIVED

1884 days

Days OverdueDERIVED

789 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Kh. No 5/4/1/1, 10/2/5, 5/5/1, 6/2, 10/2/6, 5/3/1 & 10/2/4 At Village Panchderiya, Teh. Sanwer Dist. Indore Khasra No. 207/3/3/2 Village Ringnodiya Teh. Sanwer & Dist Indore M.P.

Matched LocalityMATCHED

Panchderiya *

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

VIJAY BABULAL JAIN REAL ESTATES

Entity TypeFACT

Partnership Firm / LLP

VIJAY BABULAL JAIN REAL ESTATES6 Total Indexed Projects

COMPLETED0

ONGOING6

EXTENDED0

OVERDUE5

Portfolio Absorption: 46.22% across 489 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

169 categorized public files

REGISTRATION(2)

OTHER(17)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

APPROVAL(4)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(54)

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: 2026-08-15T20:43:27.565Z

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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