Is SHASHI ENCLAVE in Indore registered with MP RERA?

Yes, SHASHI ENCLAVE is an official MP RERA registered project (Registration No: P-IND-21-3026). The project is promoted by SHASHI NAGAR and is currently marked as ONGOING.

Who is the developer of SHASHI ENCLAVE?

SHASHI ENCLAVE is developed by SHASHI NAGAR, an active real estate promoter in Indore, Madhya Pradesh.

SHASHI ENCLAVE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHASHI ENCLAVE?

Data Provenance

Registration No

P-IND-21-3026FACT

Project Name

SHASHI ENCLAVEFACT

Status

ONGOINGFACT

Promoter

SHASHI NAGARFACT

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

SHASHI ENCLAVE

Registration NumberFACT

P-IND-21-3026

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

JOINT DEVLOPMENT

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹419.6 Lakh

Construction Cost / UnitDERIVED

₹1.23 Lakh

Across 342 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

342Total Units

SOLD UNITSFACT

254 (74.27%)

REMAINING UNITSFACT

88 (25.73%)

ABSORPTION RATEDERIVED

74.27%

Mahanka inventory observation: The statutory registry records 342 registered units, with 254 sold and 88 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
RESIDENTIAL	Plot	307	219	88	71.34%
LIG	Plot	14	14	0	100%
EWS	Plot	21	21	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-07-06

Proposed CompletionFACT

2022-07-05

Project AgeDERIVED

2244 days

Days OverdueDERIVED

1515 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

KHASRA NO 357/2 VILLAGE SANAWADIA PATWARI HALKA NO 58 INDORE

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHASHI NAGAR

Entity TypeFACT

Partnership Firm / LLP

SHASHI NAGAR1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 74.27% across 342 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

367 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

REGISTRATION(2)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(17)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(54)

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: 2026-08-15T20:38:39.941Z

Locality is UNMATCHED: no verified spatial or text match in official gazette.
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

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SHASHI ENCLAVE

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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