MAHANKA/Indore/RERA/SHANTI ALNIMAH

SHANTI ALNIMAHONGOING

★Are you the official developer or sales mandate for SHANTI ALNIMAH?
Data Provenance
Registration No
—FACT
Project Name
SHANTI ALNIMAHFACT
Status
ONGOINGFACT
Promoter
RADHIKA DEVCON 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
SHANTI ALNIMAH
Registration NumberFACT
Not published
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
RADHIKA DEVCON PVT. LTD.
Estimated Land CostFACT
₹611.5 Lakh
Estimated Construction CostFACT
₹3,460.54 Lakh
Construction Cost / UnitDERIVED
—
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

—Total Units
SOLD UNITSFACT
— (—)
REMAINING UNITSFACT
— (—)
ABSORPTION RATEDERIVED
—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2024-04-22
Proposed CompletionFACT
—
Project AgeDERIVED
858 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.- 947/1/2, 947/3, 967/2, 968/1, 969/1/2 situated at village Bijalpur in Tehsil Rau & District Indore
Matched LocalityMATCHED
Bijalpur
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'bijalpur' equals locality 'Bijalpur'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
RADHIKA DEVCON PRIVATE LIMITED
Entity TypeFACT
Company
RADHIKA DEVCON PRIVATE LIMITED11 Total Indexed Projects
COMPLETED0
ONGOING10
EXTENDED1
OVERDUE5
Portfolio Absorption: 56.19% across 986 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹25,000 / sqm
Multi-Story ResidentialMATCHED
₹30,000 / sqm
Commercial OfficeMATCHED
₹48,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bijalpur

20 Peers in LocalityAvg Peer Absorption: 37%
ProjectPromoterStatusUnitsAbsorptionCompletion
GOLD VISTAgold-vistaCOMPLETED2556%2024-12-01
SPRING FIELDenterprises-rabsukhONGOING270%2024-11-30
NIRVANA PRIMEco-mandhwani-mandhwani-mandhwani-pinanlal-promoter-sandeep-sarlaONGOING70%2022-12-31
OPERA GREENSrealmart-unitedCOMPLETED40100%2018-07-10
RCM PRIMEanandam-estatesCOMPLETED2536%2023-06-30
ALI TOWNSHIP PHASE-1estate-msd-realCOMPLETED28248.23%2022-03-30
TIRUMALA ADDRESStargetONGOING51312.28%2022-02-28
AVASA GRANDEpvt-shri-shristiCOMPLETED18550.27%2025-12-10

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

38 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(25)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Development Team Details
  • 📄 Open Parking
  • 📄 Apartment Details
  • 📄 Engr Certificate
  • 📄 Schedule C2
  • 📄 Garage Details
  • 📄 Project document
  • 📄 Project document
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
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(2)
  • 📄 Sanction Building Plan
  • 📄 Floor Plan
FINANCIAL(2)
  • 📄 Ca Certificate
  • 📄 Engineer's Certificate

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

58.33%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryMISSING
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:34:46.172Z
  • Registration number is missing from the RERA source listing.
  • Inventory unit counts were not reported in the RERA project filing.
  • 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 SHANTI ALNIMAH.

View all Indore projects →
ONGOING
📍 2.5 km

SHANTI NIWAS

Promoter: RADHIKA DEVCON PRIVATE LIMITED

Expected: 2021-03-14Inspect →
EXTENDED
📍 2.5 km

SHANTI PALM 1

Promoter: RADHIKA DEVCON PRIVATE LIMITED

Expected: 2025-09-13Inspect →
ONGOING
📍 2.5 km

SHANTI TREASURE

Promoter: RADHIKA DEVCON PRIVATE LIMITED

Expected: 2024-03-31Inspect →
ONGOING
📍 2.5 km

SHANTI PREMIUM

Promoter: RADHIKA DEVCON PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SHANTI MARVELLA

Promoter: RADHIKA DEVCON PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SHANTI GREEN

Promoter: RADHIKA DEVCON PRIVATE LIMITED

Expected: 2025-08-15Inspect →
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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 SHANTI ALNIMAH

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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