MAHANKA/Indore/RERA/SHASHWAT CORRIDOR

SHASHWAT CORRIDORONGOING

★Are you the official developer or sales mandate for SHASHWAT CORRIDOR?
Data Provenance
Registration No
P-OTH-24-4431FACT
Project Name
SHASHWAT CORRIDORFACT
Status
ONGOINGFACT
Promoter
RIDDHI SIDDHI DEVELOPERSFACT
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
SHASHWAT CORRIDOR
Registration NumberFACT
P-OTH-24-4431
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
RIDDHI SIDDHI DEVELOPERS
Estimated Land CostFACT
₹188.49 Lakh
Estimated Construction CostFACT
₹601.88 Lakh
Construction Cost / UnitDERIVED
₹1.75 Lakh
Across 344 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

344Total Units
SOLD UNITSFACT
86 (25%)
REMAINING UNITSFACT
258 (75%)
ABSORPTION RATEDERIVED
25%

Mahanka inventory observation: The statutory registry records 344 registered units, with 86 sold and 258 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Shops Cum Residential Plot AreaPlot7070%
GEN PLOTPlot3018022126.58%
EWS PLOTPlot2051525%
LIG PLOTPlot161156.25%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2023-08-01
Proposed CompletionFACT
2026-07-31
Project AgeDERIVED
1123 days
Days OverdueDERIVED
28 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
30/2/2, 30/2/3, 30/2/4, 33/1/2, 33/2, 33/3, 34/2/2, 35/2/1/1/1, 35/2/1/2, 30/2/1/2, 33/1/1/2, 34/1/2, 35/2/1/1/2, 37/1/2/1/2, 37/1/2/1/1 Village Aamlikheda, Tehsil Sanwer District Indore (M.P.)
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
RIDDHI SIDDHI DEVELOPERS
Entity TypeFACT
Partnership Firm / LLP
RIDDHI SIDDHI DEVELOPERS3 Total Indexed Projects
COMPLETED0
ONGOING3
EXTENDED0
OVERDUE3
Portfolio Absorption: 23.92% across 602 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 ProjectFLAGGED
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

128 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(50)
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(21)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jan 2024 - Mar 2024

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: 2026-08-15T20:44:17.384Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SHASHWAT CORRIDOR.

View all Indore projects →
ONGOING
📍 2.5 km

SHASHWAT HILLS

Promoter: RIDDHI SIDDHI DEVELOPERS

Expected: 2026-03-31Inspect →
ONGOING
📍 2.5 km

NR GREENS

Promoter: RIDDHI SIDDHI DEVELOPERS

Expected: 2026-01-31Inspect →
Loading map...

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 SHASHWAT CORRIDOR

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)
🏛️

Direct Institutional Mortgage Matching

Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.