Is NIYA ENCLAVE in Indore registered with MP RERA?

Yes, NIYA ENCLAVE is an official MP RERA registered project (Registration No: P-IND-22-3830). The project is promoted by BAJAJ REALTY and is currently marked as COMPLETED.

Who is the developer of NIYA ENCLAVE?

NIYA ENCLAVE is developed by BAJAJ REALTY, an active real estate promoter in Indore, Madhya Pradesh.

NIYA ENCLAVE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for NIYA ENCLAVE?

Data Provenance

Registration No

P-IND-22-3830FACT

Project Name

NIYA ENCLAVEFACT

Status

COMPLETEDFACT

Promoter

BAJAJ REALTYFACT

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

NIYA ENCLAVE

Registration NumberFACT

P-IND-22-3830

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

M/S Ram Enterprises

Estimated Land CostFACT

₹510.61 Lakh

Estimated Construction CostFACT

₹115.05 Lakh

Construction Cost / UnitDERIVED

₹5 Lakh

Across 23 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

23Total Units

SOLD UNITSFACT

5 (21.74%)

REMAINING UNITSFACT

18 (78.26%)

ABSORPTION RATEDERIVED

21.74%

Mahanka inventory observation: The statutory registry records 23 registered units, with 5 sold and 18 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plots	Plot	20	5	15	25%
commercial plot 1	Plot	3	0	3	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2022-08-15

Proposed CompletionFACT

2025-08-01

Project AgeDERIVED

1474 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. 62/1/1, 62/2/1, 62/3/1, 62/4/1, 62/5/1 village gram pipliya tehsil juni indore district Indore

Matched LocalityMATCHED

Niya Enclave

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Niya Enclave' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

BAJAJ REALTY

Entity TypeFACT

Partnership Firm / LLP

BAJAJ REALTY1 Total Indexed Projects

COMPLETED1

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 21.74% across 23 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹25,000 / sqm

Multi-Story ResidentialMATCHED

₹35,000 / sqm

Commercial OfficeMATCHED

₹43,200 / sqm

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

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

63 categorized public files

REGISTRATION(2)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(28)

PHOTOGRAPH(26)

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

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: 2026-08-15T20:44:09.070Z

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 NIYA ENCLAVE

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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