Is MAJESTIC COURTYARD in Indore registered with MP RERA?

Yes, MAJESTIC COURTYARD is an official MP RERA registered project (Registration No: P-OTH-21-2860). The project is promoted by MAJESTIC VILLAS and is currently marked as COMPLETED.

Who is the developer of MAJESTIC COURTYARD?

MAJESTIC COURTYARD is developed by MAJESTIC VILLAS, an active real estate promoter in Indore, Madhya Pradesh.

MAJESTIC COURTYARD | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for MAJESTIC COURTYARD?

Data Provenance

Registration No

P-OTH-21-2860FACT

Project Name

MAJESTIC COURTYARDFACT

Status

COMPLETEDFACT

Promoter

MAJESTIC VILLASFACT

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

MAJESTIC COURTYARD

Registration NumberFACT

P-OTH-21-2860

Project StatusFACT

COMPLETED

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

Other

Land OwnershipFACT

i. Shri Mahendra Singh Namdev ii. Smt Mamta Singh Namdev iii. M/s Ashirwaad Enterprises iv. M/s Ashirwad Sky Heights Towers Pvt Ltd

Estimated Land CostFACT

₹106.92 Lakh

Estimated Construction CostFACT

₹600 Lakh

Construction Cost / UnitDERIVED

₹2.3 Lakh

Across 261 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

261Total Units

SOLD UNITSFACT

192 (73.56%)

REMAINING UNITSFACT

69 (26.44%)

ABSORPTION RATEDERIVED

73.56%

Mahanka inventory observation: The statutory registry records 261 registered units, with 192 sold and 69 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plot 1385 Type	Plot	4	3	1	75%
Residential Plot 1500 Type	Plot	74	63	11	85.14%
Residential Plot 1526.85 Type	Plot	27	27	0	100%
Residential Plot 1682.17 Type	Plot	12	8	4	66.67%
Residential Plot 1721.44 Type	Plot	27	20	7	74.07%
Residential Plot 1845.05 Type	Plot	19	17	2	89.47%
Residential Plot 1956 Type	Plot	6	5	1	83.33%
Residential Plot 2217.45 Type	Plot	20	19	1	95%
Residential Plot 2470.73 Type	Plot	15	13	2	86.67%
Residential Plot 3184.88 Type	Plot	8	4	4	50%
Residential Plots EWS	Plot	29	3	26	10.34%
Residential Plots LIG	Plot	19	10	9	52.63%
Commercial Plot	Plot	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2020-07-01

Proposed CompletionFACT

2024-06-30

Project AgeDERIVED

2249 days

Days to CompletionDERIVED

—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

KH NO 21/1, OPP OASIS TOWNSHIP, JHALARIYA, INDORE

Matched LocalityMATCHED

Oasis

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

MAJESTIC VILLAS

Entity TypeFACT

Partnership Firm / LLP

MAJESTIC VILLAS1 Total Indexed Projects

COMPLETED1

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 73.56% across 261 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 AuthorityNO

High Remaining Inventory on Overdue ProjectNO

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

69 categorized public files

REGISTRATION(2)

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(30)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(30)

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: 2026-08-15T20:38:20.524Z

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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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for MAJESTIC COURTYARD

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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