Is SATYAM PALACE in Indore registered with MP RERA?

Yes, SATYAM PALACE is an official MP RERA registered project (Registration No: P-IND-23-3869). The project is promoted by SARANSH CONSTRUCTION and is currently marked as ONGOING.

Who is the developer of SATYAM PALACE?

SATYAM PALACE is developed by SARANSH CONSTRUCTION, an active real estate promoter in Indore, Madhya Pradesh.

SATYAM PALACE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SATYAM PALACE?

Data Provenance

Registration No

P-IND-23-3869FACT

Project Name

SATYAM PALACEFACT

Status

ONGOINGFACT

Promoter

SARANSH CONSTRUCTIONFACT

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

SATYAM PALACE

Registration NumberFACT

P-IND-23-3869

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

Saransh Construction

Estimated Land CostFACT

₹747.82 Lakh

Estimated Construction CostFACT

₹300 Lakh

Construction Cost / UnitDERIVED

₹4.23 Lakh

Across 71 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

71Total Units

SOLD UNITSFACT

14 (19.72%)

REMAINING UNITSFACT

57 (80.28%)

ABSORPTION RATEDERIVED

19.72%

Mahanka inventory observation: The statutory registry records 71 registered units, with 14 sold and 57 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plots	Plot	64	14	50	21.88%
commercial plot	Plot	7	0	7	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2022-09-15

Proposed CompletionFACT

2026-09-15

Project AgeDERIVED

1443 days

Days to CompletionDERIVED

18 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasra no. 461/4, 461/9, 463/4, 463/3, 464/4/4, 464/4/5, 464/4/3, 464/4/2, 461/7, 461/6, 464/3, 464/1, 464/2, 463/5/1, 463/2, 464/4/6, 464/4/7, 463/1, 461/11, 461/10/1, 461/10/2, 461/8 Village musakhedi, tehsil indore District Indore.

Matched LocalityMATCHED

Satyam Palace

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Satyam Palace' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SARANSH CONSTRUCTION

Entity TypeFACT

Partnership Firm / LLP

SARANSH CONSTRUCTION6 Total Indexed Projects

COMPLETED0

ONGOING5

EXTENDED1

OVERDUE0

Portfolio Absorption: 12.9% across 248 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹16,000 / sqm

Multi-Story ResidentialMATCHED

₹18,500 / sqm

Commercial OfficeMATCHED

₹38,700 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Satyam Palace

1 Peers in Locality

Project	Promoter	Status	Units	Absorption	Completion
SATYAM PALACE PART-2	estate-real-sunshine	ONGOING	—	—	2027-04-01

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

130 categorized public files

APPROVAL(4)

OTHER(40)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(31)

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: 2026-08-15T20:39:59.690Z

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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