MAHANKA/Indore/RERA/RAS GARDEN-3

RAS GARDEN-3ONGOING

★Are you the official developer or sales mandate for RAS GARDEN-3?
Data Provenance
Registration No
—FACT
Project Name
RAS GARDEN-3FACT
Status
ONGOINGFACT
Promoter
HIMADRI INFRASTRUCTURE PVT.LTDFACT
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
RAS GARDEN-3
Registration NumberFACT
Not published
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 OWNERSHIP IN NAME OF BHARAT SINGH & PHATEH SINGH, PROMOTER ARE DEVELOPER
Estimated Land CostFACT
—
Estimated Construction CostFACT
₹372 Lakh
Construction Cost / UnitDERIVED
₹1.81 Lakh
Across 205 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

205Total Units
SOLD UNITSFACT
0 (0%)
REMAINING UNITSFACT
205 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 205 registered units, with 0 sold and 205 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
A-ZPlot205—205—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2023-08-01
Proposed CompletionFACT
—
Project AgeDERIVED
1123 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
SERVEY NO. 206/3,206/4,207/3 GRAM PANDA, TEHSIL RAU, INDORE
Matched LocalityMATCHED
Panda *
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
HIMADRI INFRASTRUCTURE PVT.LTD
Entity TypeFACT
Company
HIMADRI INFRASTRUCTURE PVT.LTD5 Total Indexed Projects
COMPLETED2
ONGOING3
EXTENDED0
OVERDUE0
Portfolio Absorption: 15.81% across 487 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

25 categorized public files

ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
OTHER(16)
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Colonisers License
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Schedule C1
  • 📄 Engr Certificate
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

75%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:43:22.253Z
  • Registration number is missing from the RERA source listing.
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as RAS GARDEN-3.

View all Indore projects →
COMPLETED
📍 2.5 km

RAS GARDEN

Promoter: HIMADRI INFRASTRUCTURE PVT.LTD

Expected: 2024-12-31Inspect →
COMPLETED
📍 2.5 km

RAS LAXMI

Promoter: HIMADRI INFRASTRUCTURE PVT.LTD

Expected: 2025-08-31Inspect →
ONGOING
📍 2.5 km

RAS GARDEN-2

Promoter: HIMADRI INFRASTRUCTURE PVT.LTD

RERA ActiveInspect →
ONGOING
📍 2.5 km

RAS LAXMI-III

Promoter: HIMADRI INFRASTRUCTURE PVT.LTD

Expected: 2027-04-29Inspect →
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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 RAS GARDEN-3

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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