Is ROYAL KRISHNA RESIDENCY in Indore registered with MP RERA?

Yes, ROYAL KRISHNA RESIDENCY is an official MP RERA registered project (Registration No: P-IND-21-2923). The project is promoted by DINESH DAVE and is currently marked as ONGOING.

Who is the developer of ROYAL KRISHNA RESIDENCY?

ROYAL KRISHNA RESIDENCY is developed by DINESH DAVE, an active real estate promoter in Indore, Madhya Pradesh.

ROYAL KRISHNA RESIDENCY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for ROYAL KRISHNA RESIDENCY?

Data Provenance

Registration No

P-IND-21-2923FACT

Project Name

ROYAL KRISHNA RESIDENCYFACT

Status

ONGOINGFACT

Promoter

DINESH DAVEFACT

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

ROYAL KRISHNA RESIDENCY

Registration NumberFACT

P-IND-21-2923

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

SELF OWNED

Estimated Land CostFACT

₹461.12 Lakh

Estimated Construction CostFACT

₹365 Lakh

Construction Cost / UnitDERIVED

₹16.59 Lakh

Across 22 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

22Total Units

SOLD UNITSFACT

6 (27.27%)

REMAINING UNITSFACT

16 (72.73%)

ABSORPTION RATEDERIVED

27.27%

Mahanka inventory observation: The statutory registry records 22 registered units, with 6 sold and 16 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
DUPLEX 1	Apartment	1	0	1	0%
DUPLEX 2TO5	Apartment	4	3	1	75%
DUPLEX 6TO8	Apartment	3	1	2	33.33%
DUPLEX 9	Apartment	1	0	1	0%
DUPLEX 10	Apartment	1	0	1	0%
DUPLEX 11	Apartment	1	1	0	100%
DUPLEX 12	Apartment	1	1	0	100%
DUPLEX 13	Apartment	1	0	1	0%
DUPLEX 14	Apartment	1	0	1	0%
DUPLEX 15	Apartment	1	0	1	0%
DUPLEX 16	Apartment	1	0	1	0%
DUPLEX 17	Apartment	1	0	1	0%
DUPLEX 18	Apartment	1	0	1	0%
DUPLEX 19	Apartment	1	0	1	0%
DUPLEX 20	Apartment	1	0	1	0%
DUPLEX 21	Apartment	1	0	1	0%
DUPLEX 22	Apartment	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-08-01

Proposed CompletionFACT

2023-07-31

Project AgeDERIVED

2218 days

Days OverdueDERIVED

1124 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

LAND FREE FROM INFORMAL SECTOR BUILDING ON KH. NO. 149/1, 150/2/1, 151, ,152, 153, 154, 155, 156, 157, 158,159, 161, 162, 163, 164, 165 AT VILLAGE RAU, TEHSIL & DIST INDORE

Matched LocalityMATCHED

Gram Rau

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

DINESH DAVE

Entity TypeFACT

Individual

DINESH DAVE1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 27.27% across 22 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 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

151 categorized public files

REGISTRATION(2)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(19)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(51)

FINANCIAL(1)

📄 Engineer's Certificate

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: 2026-08-15T20:38:30.264Z

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for ROYAL KRISHNA RESIDENCY

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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