Is SETHJI NI WADI in Indore registered with MP RERA?

Yes, SETHJI NI WADI is an official MP RERA registered project (Registration No: P-MHW-19-2331). The project is promoted by SETHJI NI WADI and is currently marked as ONGOING.

Who is the developer of SETHJI NI WADI?

SETHJI NI WADI is developed by SETHJI NI WADI, an active real estate promoter in Indore, Madhya Pradesh.

SETHJI NI WADI | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SETHJI NI WADI?

Data Provenance

Registration No

P-MHW-19-2331FACT

Project Name

SETHJI NI WADIFACT

Status

ONGOINGFACT

Promoter

SETHJI NI WADIFACT

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

SETHJI NI WADI

Registration NumberFACT

P-MHW-19-2331

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

Dr. Ambedkar Nagar (Mhow)

Land OwnershipFACT

Registered Joint Development Agreement Executed by Promoter with Land Owner

Estimated Land CostFACT

₹14.42 Lakh

Estimated Construction CostFACT

₹210.69 Lakh

Construction Cost / UnitDERIVED

₹1.95 Lakh

Across 108 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

108Total Units

SOLD UNITSFACT

73 (67.59%)

REMAINING UNITSFACT

35 (32.41%)

ABSORPTION RATEDERIVED

67.59%

Mahanka inventory observation: The statutory registry records 108 registered units, with 73 sold and 35 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Row Houses	Individual house	106	73	33	68.87%
Commercial Shop	Commercial property	1	0	1	0%
LIG and EWS Units	Apartment	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2019-05-01

Proposed CompletionFACT

2022-04-30

Project AgeDERIVED

2676 days

Days OverdueDERIVED

1581 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Khasra no. 121/2, 122/2, & 123/1, total 3.385 Hct, Situated at Village Simrol Teh Mhow and Dist. Indore (MP)

Matched LocalityMATCHED

Amazing City, Simrol *

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SETHJI NI WADI

Entity TypeFACT

Partnership Firm / LLP

SETHJI NI WADI1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 67.59% across 108 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 YearsYES

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

434 categorized public files

APPROVAL(3)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(4)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(69)

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: 2026-08-15T20:43:52.535Z

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.

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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SETHJI NI WADI

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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