MAHANKA/Indore/RERA/NIRBHAY DHAM

NIRBHAY DHAMONGOING

★Are you the official developer or sales mandate for NIRBHAY DHAM?
Data Provenance
Registration No
P-IND-22-3298FACT
Project Name
NIRBHAY DHAMFACT
Status
ONGOINGFACT
Promoter
STAR CONSTRUCTIONFACT
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
NIRBHAY DHAM
Registration NumberFACT
P-IND-22-3298
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
Joint Development Agreement
Estimated Land CostFACT
₹745.83 Lakh
Estimated Construction CostFACT
₹284.73 Lakh
Construction Cost / UnitDERIVED
₹1.34 Lakh
Across 212 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

212Total Units
SOLD UNITSFACT
41 (19.34%)
REMAINING UNITSFACT
171 (80.66%)
ABSORPTION RATEDERIVED
19.34%

Mahanka inventory observation: The statutory registry records 212 registered units, with 41 sold and 171 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Plot-2Plot3692725%
PlotPlot2020%
Plot-3Plot3792824.32%
Plot-4Plot93197420.43%
Plot-5Plot1010%
Plot-6Plot1010%
Plot-7Plot1010%
Plot-8Plot1010%
Plot-9Plot1010%
Plot-10Plot1010%
Plot-11Plot1010%
Plot-12Plot1010%
Plot-13Plot1010%
Plot-14Plot1010%
Plot-15Plot1010%
Plot-16Plot1010%
Plot-17Plot110100%
Plot-18Plot1010%
Plot-19Plot110100%
Plot-20Plot1010%
Plot-21Plot1010%
Plot-22Plot1010%
Plot-23Plot1010%
Plot-24Plot1010%
Plot-25Plot1010%
Plot-26Plot110100%
Plot-27Plot1010%
Plot-28Plot1010%
Plot-29Plot1010%
Plot-30Plot110100%
EWS PlotPlot170170%
Commercial PlotCommercial property1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2021-08-28
Proposed CompletionFACT
2024-08-23
Project AgeDERIVED
1826 days
Days OverdueDERIVED
735 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. 225/2/1, 225/3/1/1 at village Limbodi, Indore
Matched LocalityMATCHED
Limbodi
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'limbodi' equals locality 'Limbodi'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
STAR CONSTRUCTION
Entity TypeFACT
Partnership Firm / LLP
STAR CONSTRUCTION4 Total Indexed Projects
COMPLETED1
ONGOING3
EXTENDED0
OVERDUE1
Portfolio Absorption: 24.09% across 328 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹11,500 / sqm
Multi-Story ResidentialMATCHED
₹22,500 / sqm
Commercial OfficeMATCHED
₹29,700 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Limbodi

16 Peers in LocalityAvg Peer Absorption: 33%
ProjectPromoterStatusUnitsAbsorptionCompletion
LAKE VIEWcreation-lakshyaONGOING———
SHANTI BASERAdevcon-radhikaONGOING6592.31%2022-12-31
LAKE VIEWcreation-lakshyaONGOING———
SAI CAMPUSrealities-saiONGOING280%2021-01-03
SHIV LOKmahakaleshwar-shriONGOING———
RAMAS VILLASenterprises-gajanand-shriONGOING140%2021-09-01
MAA SURAJ VIHARsatnamCOMPLETED16721.56%2021-01-24
PEACE POINT - 2chhabra-singh-varjinderONGOING2600%—

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

394 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(13)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(58)
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  • 📄 Apr 2025 - Jun 2025
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  • 📄 Apr 2025 - Jun 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025

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: 2026-08-15T20:35:45.314Z
  • Coordinates are not published by MP RERA and are not invented.
  • Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as NIRBHAY DHAM.

View all Indore projects →
COMPLETED
📍 2.5 km

SHIV SAGAR PART 2

Promoter: STAR CONSTRUCTION

Expected: 2025-11-15Inspect →
ONGOING
📍 2.5 km

HAKIMI VIHAR PREMIUM

Promoter: STAR CONSTRUCTION

Expected: 2027-04-30Inspect →
ONGOING
📍 2.5 km

SATYAM CITY

Promoter: STAR CONSTRUCTION

Expected: 2027-11-01Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for NIRBHAY DHAM

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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