MAHANKA/Indore/RERA/SARDAR PATEL NAGAR

SARDAR PATEL NAGARONGOING

★Are you the official developer or sales mandate for SARDAR PATEL NAGAR?
Data Provenance
Registration No
P-IND-22-3707FACT
Project Name
SARDAR PATEL NAGARFACT
Status
ONGOINGFACT
Promoter
NIRMAL PATIDARFACT
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
SARDAR PATEL NAGAR
Registration NumberFACT
P-IND-22-3707
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 owner Nirmal Patidar
Estimated Land CostFACT
₹167.96 Lakh
Estimated Construction CostFACT
₹222.82 Lakh
Construction Cost / UnitDERIVED
₹1.17 Lakh
Across 191 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

191Total Units
SOLD UNITSFACT
72 (37.7%)
REMAINING UNITSFACT
119 (62.3%)
ABSORPTION RATEDERIVED
37.7%

Mahanka inventory observation: The statutory registry records 191 registered units, with 72 sold and 119 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Plot No 1Plot1010%
Plot No 2 to 18Plot1712570.59%
Plot No 19Plot110100%
Plot No 20Plot110100%
Plot No 21 to 41Plot2151623.81%
Plot No 42Plot110100%
Plot No 43Plot110100%
Plot No 44 to 52Plot94544.44%
Plot No 53 to 58Plot65183.33%
Plot No 59Plot1010%
Plot No 60Plot110100%
Plot No 61 to 65Plot5050%
Plot No 66 to 70Plot550100%
Plot No 71Plot1010%
Plot No 72Plot1010%
Plot No 73 to 79Plot770100%
Plot No 80Plot1010%
Plot No 81Plot1010%
Plot No 82 to 87Plot62433.33%
Plot No 88Plot1010%
Plot No 89Plot1010%
Plot No 90 to 94Plot5050%
Plot No 95Plot1010%
Plot No 96Plot1010%
Plot No 97 to 100Plot42250%
Plot No 101Plot1010%
Plot No 102Plot1010%
Plot No 103 to 111Plot9090%
Plot No 112Plot1010%
Plot No 113Plot1010%
Plot No 114 to 116Plot3030%
Plot No 117Plot1010%
Plot No 118Plot1010%
Plot No 119Plot110100%
Plot No 120 to 142Plot2371630.43%
Plot No 143Plot1010%
Plot No 144 to 145Plot2020%
Plot No 146Plot1010%
Plot No 147Plot110100%
Plot No 148 to 158Plot111109.09%
LIG L1Plot1010%
LIG L2 to L7Plot65183.33%
LIG L8Plot1010%
EWS E1 to E11Plot1110190.91%
Shop cum Residential 159 to 171Commercial property130130%
Shop cum Residential 172Commercial property1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2022-04-02
Proposed CompletionFACT
2025-03-20
Project AgeDERIVED
1609 days
Days OverdueDERIVED
526 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 422/2, 422/3, 428/2, 428/3 at Village Tillor Khurd, tehsil Bhicholi Hapsi, Dist Indore MP
Matched LocalityMATCHED
Tillorkhurd Road Par
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
NIRMAL PATIDAR
Entity TypeFACT
Individual
NIRMAL PATIDAR2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 26.69% across 562 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

176 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
APPROVAL(4)
  • 📄 Development Permission
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Nazul Clearance Case
OTHER(14)
  • 📄 Common Area Facilities
  • 📄 Brochure
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(57)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Oct 2025 - Dec 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jan 2025 - Mar 2025

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: 2026-08-15T20:44:07.640Z
  • 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 SARDAR PATEL NAGAR.

View all Indore projects →
ONGOING
📍 2.5 km

VRINDAVAN VATIKA

Promoter: NIRMAL PATIDAR

Expected: 2025-12-31Inspect →
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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 SARDAR PATEL NAGAR

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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