Is SAMRIDDHI CORRIDOR in Indore registered with MP RERA?

Yes, SAMRIDDHI CORRIDOR is an official MP RERA registered project (Registration No: P-IND-22-3474). The project is promoted by NAKSHATRA BUILDCON and is currently marked as ONGOING.

Who is the developer of SAMRIDDHI CORRIDOR?

SAMRIDDHI CORRIDOR is developed by NAKSHATRA BUILDCON, an active real estate promoter in Indore, Madhya Pradesh.

SAMRIDDHI CORRIDOR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SAMRIDDHI CORRIDOR?

Data Provenance

Registration No

P-IND-22-3474FACT

Project Name

SAMRIDDHI CORRIDORFACT

Status

ONGOINGFACT

Promoter

NAKSHATRA BUILDCONFACT

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

SAMRIDDHI CORRIDOR

Registration NumberFACT

P-IND-22-3474

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

1. ANITA CHOUHAN W/o LATE LAKHAN SINGH CHOUHAN KHASRA NO.99/2 2. SATISH CHOUHAN S/o PHOOL SINGH CHOUHAN KHASRA NO. 103/2/3/1

Estimated Land CostFACT

₹45.87 Lakh

Estimated Construction CostFACT

₹343.01 Lakh

Construction Cost / UnitDERIVED

₹1.26 Lakh

Across 273 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

273Total Units

SOLD UNITSFACT

183 (67.03%)

REMAINING UNITSFACT

90 (32.97%)

ABSORPTION RATEDERIVED

67.03%

Mahanka inventory observation: The statutory registry records 273 registered units, with 183 sold and 90 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General (Residential Plots)	Plot	234	160	74	68.38%
Residential (Local Shops)	Commercial property	12	1	11	8.33%
EWS PLOTS	Plot	16	14	2	87.5%
LIG PLOTS	Plot	11	8	3	72.73%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-11-17

Proposed CompletionFACT

2024-11-16

Project AgeDERIVED

1745 days

Days OverdueDERIVED

650 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. 99/2, 103/2/3/1 AT VILLAGE PALAKHEDI, TEHSIL & DIST.- INDORE (M.P)

Matched LocalityMATCHED

Nakshatra Homes/Nakshatra Corridore (s.r. Indore)/Sky City-2 (palakhedi) * (1.1)

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

NAKSHATRA BUILDCON

Entity TypeFACT

Partnership Firm / LLP

NAKSHATRA BUILDCON2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE2

Portfolio Absorption: 61.81% across 508 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 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

297 categorized public files

ALLOTMENT(1)

📄 Draft Agreement

APPROVAL(4)

OTHER(15)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(56)

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: 2026-08-15T20:44:03.093Z

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 SAMRIDDHI CORRIDOR.

View all Indore projects →

ONGOING

📍 2.5 km

SAMRIDDHI - 2

Promoter: NAKSHATRA BUILDCON

Expected: 2025-06-30Inspect →

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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

Explore all registered developments, townships, and commercial hubs in Indore.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SAMRIDDHI CORRIDOR

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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