Is SATYAM PALACE in Indore registered with MP RERA?

Yes, SATYAM PALACE is an official MP RERA registered project (Registration No: P-OTH-23-3969). The project is promoted by SHIV SAGAR REALMART PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of SATYAM PALACE?

SATYAM PALACE is developed by SHIV SAGAR REALMART PRIVATE LIMITED, 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-OTH-23-3969FACT

Project Name

SATYAM PALACEFACT

Status

ONGOINGFACT

Promoter

SHIV SAGAR REALMART PRIVATE 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

SATYAM PALACE

Registration NumberFACT

P-OTH-23-3969

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

Other

Land OwnershipFACT

SHIV SAGAR REALMART PVT LTD

Estimated Land CostFACT

₹150 Lakh

Estimated Construction CostFACT

₹200 Lakh

Construction Cost / UnitDERIVED

₹3.08 Lakh

Across 65 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

65Total Units

SOLD UNITSFACT

41 (63.08%)

REMAINING UNITSFACT

24 (36.92%)

ABSORPTION RATEDERIVED

63.08%

Mahanka inventory observation: The statutory registry records 65 registered units, with 41 sold and 24 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Ground Floor	Plot	21	21	0	100%
First Floor	Plot	22	15	7	68.18%
Second Floor	Plot	22	5	17	22.73%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-03-15

Proposed CompletionFACT

2024-12-14

Project AgeDERIVED

1262 days

Days OverdueDERIVED

622 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

INFORMAL SECTOR, Shiv Sagar Colony, Indore(M.P.)

Matched LocalityMATCHED

Satyam Palace

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHIV SAGAR REALMART PRIVATE LIMITED

Entity TypeFACT

Company

SHIV SAGAR REALMART PRIVATE LIMITED2 Total Indexed Projects

COMPLETED1

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 60.87% across 115 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

277 categorized public files

REGISTRATION(2)

APPROVAL(5)

OTHER(24)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(2)

PHOTOGRAPH(44)

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: 2026-08-15T20:40:06.993Z

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 SATYAM PALACE.

View all Indore projects →

COMPLETED

📍 2.5 km

HAKIMI VIHAR

Promoter: SHIV SAGAR REALMART PRIVATE LIMITED

Expected: 2022-06-30Inspect →

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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 SATYAM PALACE

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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