Is NAKSHATRA HOMES in Indore registered with MP RERA?

Yes, NAKSHATRA HOMES is an official MP RERA registered project (Registration No: P-IND-20-2556). The project is promoted by NAKSHATRA CITY DEVELOPERS and is currently marked as ONGOING.

Who is the developer of NAKSHATRA HOMES?

NAKSHATRA HOMES is developed by NAKSHATRA CITY DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

NAKSHATRA HOMES MP RERA Registration & Project Record

★Are you the official developer or sales mandate for NAKSHATRA HOMES?

Data Provenance

Registration No

P-IND-20-2556FACT

Project Name

NAKSHATRA HOMESFACT

Status

ONGOINGFACT

Promoter

NAKSHATRA CITY DEVELOPERSFACT

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

NAKSHATRA HOMES

Registration NumberFACT

P-IND-20-2556

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

Land Owned by Shri Hukum Singh and Kalyan Singh. Promoter has entered into Joint Development Agreement with Land Owner

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹292 Lakh

Construction Cost / UnitDERIVED

₹1.35 Lakh

Across 217 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

217Total Units

SOLD UNITSFACT

150 (69.12%)

REMAINING UNITSFACT

67 (30.88%)

ABSORPTION RATEDERIVED

69.12%

Mahanka inventory observation: The statutory registry records 217 registered units, with 150 sold and 67 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Plots - Residential	Plot	187	120	67	64.17%
EWS Plots - Residential	Plot	19	19	0	100%
LIG Plots - Residential	Plot	11	11	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2019-12-01

Proposed CompletionFACT

2022-11-30

Project AgeDERIVED

2464 days

Days OverdueDERIVED

1369 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Khasra no. 266/3/1 and 266/3/2 at Village Palakhedi, Teh Hatod and Dist Indore

Matched LocalityMATCHED

Nakshatra Homes/Nakshatra Corridore (s.r. Indore)/Sky City-2 (palakhedi) * (1.1)

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

NAKSHATRA CITY DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

NAKSHATRA CITY DEVELOPERS1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 69.12% across 217 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

326 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

REGISTRATION(2)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(10)

PHOTOGRAPH(61)

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: 2026-08-15T20:37:49.859Z

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.

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents

Latest QPR

No QPR found in indexed source

Not found in indexed source

Latest APR

Apr 2026 - Jun 2026

Fresh source capture14 days since source capture

Open source ↗

Completion certificate

No certificate found in indexed source

Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

RERA registration numberFoundP-IND-20-2556

Promoter identityFoundNAKSHATRA CITY DEVELOPERS

Proposed completion dateFound2022-11-30

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2026 - Jun 2026 · 14 days since source capture

Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.

Timeline changesReview1 source changes are visible in the project timeline.

Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

NAKSHATRA HOMESONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying

Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955

Email: secretaryrera@mp.gov.in

Portal: Official website ↗

Last verified: 29 Aug 2026Published MP RERA record ↗

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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 NAKSHATRA HOMES

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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