MAHANKA/Indore/RERA/SARTHAK GALAXY-II

SARTHAK GALAXY-IICOMPLETED

★Are you the official developer or sales mandate for SARTHAK GALAXY-II?
Data Provenance
Registration No
P-IND-21-3072FACT
Project Name
SARTHAK GALAXY-IIFACT
Status
COMPLETEDFACT
Promoter
SARTHAK ESTATE DEVELOPERSFACT
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
SARTHAK GALAXY-II
Registration NumberFACT
P-IND-21-3072
Project StatusFACT
COMPLETED
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
M/s Agrawal Associates
Estimated Land CostFACT
₹264.84 Lakh
Estimated Construction CostFACT
₹225 Lakh
Construction Cost / UnitDERIVED
₹4.89 Lakh
Across 46 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

46Total Units
SOLD UNITSFACT
24 (52.17%)
REMAINING UNITSFACT
22 (47.83%)
ABSORPTION RATEDERIVED
52.17%

Mahanka inventory observation: The statutory registry records 46 registered units, with 24 sold and 22 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
mix plot sizeApartment46242252.17%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2020-06-01
Proposed CompletionFACT
2023-06-01
Project AgeDERIVED
2279 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra no.- 496/2, 497/2 Village - Rau ,Tehsil - Indore , District Indore (M.P)
Matched LocalityMATCHED
Galaxy
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SARTHAK ESTATE DEVELOPERS
Entity TypeFACT
Partnership Firm / LLP
SARTHAK ESTATE DEVELOPERS6 Total Indexed Projects
COMPLETED2
ONGOING4
EXTENDED0
OVERDUE4
Portfolio Absorption: 49.02% across 563 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 PassedNO
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

246 categorized public files

OTHER(15)
  • 📄 Stilt Base Parking
  • 📄 Schedule C
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule B
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C3
FINANCIAL(1)
  • 📄 Engineer's Certificate
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Building Permission Authority
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
PHOTOGRAPH(54)
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022

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: 2026-08-15T20:38:33.253Z
  • 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 SARTHAK GALAXY-II.

View all Indore projects →
ONGOING
📍 2.5 km

SARTHAK GALAXY 2 PHASE-2

Promoter: SARTHAK ESTATE DEVELOPERS

Expected: 2023-11-26Inspect →
COMPLETED
📍 2.5 km

MAHIMA SARTHAK HOMES

Promoter: SARTHAK ESTATE DEVELOPERS

Expected: 2026-03-15Inspect →
ONGOING
📍 2.5 km

BLOCK B SARTHAK GALAXY

Promoter: SARTHAK ESTATE DEVELOPERS

Expected: 2021-01-20Inspect →
ONGOING
📍 2.5 km

ELITE 27

Promoter: SARTHAK ESTATE DEVELOPERS

Expected: 2023-08-31Inspect →
ONGOING
📍 2.5 km

SARTHAK GREENS

Promoter: SARTHAK ESTATE DEVELOPERS

Expected: 2022-09-28Inspect →
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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 SARTHAK GALAXY-II

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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