Is SAIFI TOWNSHIP in Indore registered with MP RERA?

Yes, SAIFI TOWNSHIP is an official MP RERA registered project (Registration No: P-IND-17-292). The project is promoted by SHRI KRISHNA DEVCON LIMITED and is currently marked as ONGOING.

Who is the developer of SAIFI TOWNSHIP?

SAIFI TOWNSHIP is developed by SHRI KRISHNA DEVCON LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

SAIFI TOWNSHIP | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SAIFI TOWNSHIP?

Data Provenance

Registration No

P-IND-17-292FACT

Project Name

SAIFI TOWNSHIPFACT

Status

ONGOINGFACT

Promoter

SHRI KRISHNA DEVCON 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

SAIFI TOWNSHIP

Registration NumberFACT

P-IND-17-292

Project StatusFACT

ONGOING

Project Type (Portal)FACT

Ongoing

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

₹355.05 Lakh

Estimated Construction CostFACT

₹287 Lakh

Construction Cost / UnitDERIVED

₹13.05 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

38 (172.73%)

REMAINING UNITSFACT

16 (72.73%)

ABSORPTION RATEDERIVED

172.73%

Mahanka inventory observation: The statutory registry records 22 registered units, with 38 sold and 16 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
residential	Apartment	22	38	16	172.73%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

1970-01-01

Proposed CompletionFACT

2018-12-31

Project AgeDERIVED

20693 days

Days OverdueDERIVED

2797 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

khasra no - 971/1,971/2,971/3,971/4,971/5/2 at Bijalpur, Indore

Matched LocalityMATCHED

Bijalpur

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHRI KRISHNA DEVCON LIMITED

Entity TypeFACT

Company

SHRI KRISHNA DEVCON LIMITED12 Total Indexed Projects

COMPLETED2

ONGOING10

EXTENDED0

OVERDUE7

Portfolio Absorption: 56.01% across 4,697 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

328 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

APPROVAL(2)

OTHER(9)

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(67)

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: 2026-08-15T20:43:33.210Z

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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