MAHANKA/Indore/RERA/RUCHI ENCLAVE

RUCHI ENCLAVEONGOING

★Are you the official developer or sales mandate for RUCHI ENCLAVE?
Data Provenance
Registration No
P-IND-24-4459FACT
Project Name
RUCHI ENCLAVEFACT
Status
ONGOINGFACT
Promoter
AASHRAYA BUILDTECH 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
RUCHI ENCLAVE
Registration NumberFACT
P-IND-24-4459
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
BRIGHTSTAR HOUSING PVT LTD
Estimated Land CostFACT
₹29.86 Lakh
Estimated Construction CostFACT
₹301.65 Lakh
Construction Cost / UnitDERIVED
₹5.29 Lakh
Across 57 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

57Total Units
SOLD UNITSFACT
35 (61.4%)
REMAINING UNITSFACT
22 (38.6%)
ABSORPTION RATEDERIVED
61.4%

Mahanka inventory observation: The statutory registry records 57 registered units, with 35 sold and 22 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
RESIDENTIALPlot57352261.4%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2023-06-01
Proposed CompletionFACT
2025-05-31
Project AgeDERIVED
1184 days
Days OverdueDERIVED
454 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
SURVEY NO 291 GRAM NIPANIA TEHSIL AND DISTT INDORE
Matched LocalityMATCHED
Ruchi Enclave
Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
AASHRAYA BUILDTECH PRIVATE LIMITED
Entity TypeFACT
Company
AASHRAYA BUILDTECH PRIVATE LIMITED6 Total Indexed Projects
COMPLETED2
ONGOING4
EXTENDED0
OVERDUE2
Portfolio Absorption: 36.36% across 176 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹28,000 / sqm
Multi-Story ResidentialMATCHED
₹33,000 / sqm
Commercial OfficeMATCHED
₹55,200 / sqm

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

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 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

61 categorized public files

LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
OTHER(32)
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Other Documents
  • 📄 Development Team Details
  • 📄 Engr Certificate
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
ALLOTMENT(1)
  • 📄 Draft Agreement
PHOTOGRAPH(20)
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jan 2024 - Mar 2024
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: 2026-08-15T20:41:11.347Z
  • 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 RUCHI ENCLAVE.

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RUCHI ENCLAVE

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Expected: 2024-06-30Inspect →
ONGOING
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OSCAR EXTENSION

Promoter: AASHRAYA BUILDTECH PRIVATE LIMITED

Expected: 2023-12-15Inspect →
ONGOING
📍 2.5 km

OSCAR BLOCK-A

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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 RUCHI 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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