Is OYSTER VILLAS in Indore registered with MP RERA?

Yes, OYSTER VILLAS is an official MP RERA registered project (Registration No: P-IND-19-2113). The project is promoted by OYSTER BUILDING INDIA PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of OYSTER VILLAS?

OYSTER VILLAS is developed by OYSTER BUILDING INDIA PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

OYSTER VILLAS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for OYSTER VILLAS?

Data Provenance

Registration No

P-IND-19-2113FACT

Project Name

OYSTER VILLASFACT

Status

ONGOINGFACT

Promoter

OYSTER BUILDING INDIA PRIVATE LIMITEDFACT

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

OYSTER VILLAS

Registration NumberFACT

P-IND-19-2113

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

oyster building india private limited, seona infrabuild LLP, K.S. real estate private limited

Estimated Land CostFACT

₹364.68 Lakh

Estimated Construction CostFACT

₹155.48 Lakh

Construction Cost / UnitDERIVED

₹5.98 Lakh

Across 26 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

26Total Units

SOLD UNITSFACT

11 (42.31%)

REMAINING UNITSFACT

15 (57.69%)

ABSORPTION RATEDERIVED

42.31%

Mahanka inventory observation: The statutory registry records 26 registered units, with 11 sold and 15 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential	Plot	26	11	15	42.31%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2018-11-20

Proposed CompletionFACT

2021-11-20

Project AgeDERIVED

2838 days

Days OverdueDERIVED

1742 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Kh. 174/1 part, 174/1 part, 175/1/2, 174/2/1 part, 174/2/1 part, 163/2/1 part, village ralamandal, indore

Matched LocalityMATCHED

Ralamandal

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'ralamandal' equals locality 'Ralamandal'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

OYSTER BUILDING INDIA PRIVATE LIMITED

Entity TypeFACT

Company

OYSTER BUILDING INDIA PRIVATE LIMITED9 Total Indexed Projects

COMPLETED0

ONGOING9

EXTENDED0

OVERDUE4

Portfolio Absorption: 63.1% across 504 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹2,600 / sqm

Multi-Story ResidentialMATCHED

₹5,600 / sqm

Commercial OfficeMATCHED

₹14,000 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Ralamandal

2 Peers in LocalityAvg Peer Absorption: 0%

Project	Promoter	Status	Units	Absorption	Completion
OYSTER VILLA APARTMENT	building-india-oyster	ONGOING	32	0%	—
OYSTER VILLA APARTMENT	building-india-oyster	ONGOING	—	—	2025-03-12

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

264 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(6)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(66)

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: 2026-08-15T20:37:12.812Z

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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