Is NEW SHANTI VIHAR in Indore registered with MP RERA?

Yes, NEW SHANTI VIHAR is an official MP RERA registered project (Registration No: P-IND-17-031). The project is promoted by KANTA BAI AGRAWAL & RITU AGRAWAL and is currently marked as COMPLETED.

Who is the developer of NEW SHANTI VIHAR?

NEW SHANTI VIHAR is developed by KANTA BAI AGRAWAL & RITU AGRAWAL, an active real estate promoter in Indore, Madhya Pradesh.

NEW SHANTI VIHAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for NEW SHANTI VIHAR?

Data Provenance

Registration No

P-IND-17-031FACT

Project Name

NEW SHANTI VIHARFACT

Status

COMPLETEDFACT

Promoter

KANTA BAI AGRAWAL & RITU AGRAWALFACT

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

NEW SHANTI VIHAR

Registration NumberFACT

P-IND-17-031

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

Indore

Land OwnershipFACT

KANTA BAI AGRAWAL & RITU AGRAWAL

Estimated Land CostFACT

₹23.63 Lakh

Estimated Construction CostFACT

₹57.94 Lakh

Construction Cost / UnitDERIVED

₹6.44 Lakh

Across 9 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

9Total Units

SOLD UNITSFACT

9 (100%)

REMAINING UNITSFACT

0 (0%)

ABSORPTION RATEDERIVED

100%

Mahanka inventory observation: The statutory registry records 9 registered units, with 9 sold and 0 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plots	Plot	9	9	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2017-07-10

Proposed CompletionFACT

2021-01-09

Project AgeDERIVED

3336 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

KHASRA NO. 216/2/2/2 & 216/2/2/3, VILLAGE BICHOLI HAPSI, TEHSIL & DISTT INDORE

Matched LocalityMATCHED

Shanti Vihar

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

KANTA BAI AGRAWAL & RITU AGRAWAL

Entity TypeFACT

Individual

KANTA BAI AGRAWAL & RITU AGRAWAL1 Total Indexed Projects

COMPLETED1

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 100% across 9 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

38 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(16)

APPROVAL(4)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(16)

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: 2026-08-15T20:35:25.306Z

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

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for NEW SHANTI VIHAR

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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