Is SHASHWAT HILLS in Indore registered with MP RERA?

Yes, SHASHWAT HILLS is an official MP RERA registered project (Registration No: P-IND-23-4100). The project is promoted by RIDDHI SIDDHI DEVELOPERS and is currently marked as ONGOING.

Who is the developer of SHASHWAT HILLS?

SHASHWAT HILLS is developed by RIDDHI SIDDHI DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

SHASHWAT HILLS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHASHWAT HILLS?

Data Provenance

Registration No

P-IND-23-4100FACT

Project Name

SHASHWAT HILLSFACT

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 HILLS

Registration NumberFACT

P-IND-23-4100

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

M/S Riddhi Siddhi Developers (Self)

Estimated Land CostFACT

₹474.06 Lakh

Estimated Construction CostFACT

₹207.18 Lakh

Construction Cost / UnitDERIVED

₹2.07 Lakh

Across 100 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

100Total Units

SOLD UNITSFACT

24 (24%)

REMAINING UNITSFACT

76 (76%)

ABSORPTION RATEDERIVED

24%

Mahanka inventory observation: The statutory registry records 100 registered units, with 24 sold and 76 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Gen Plot	Plot	88	24	64	27.27%
Residential Ews Plot	Plot	7	0	7	0%
Residential Lig Plot	Plot	5	0	5	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-04-01

Proposed CompletionFACT

2026-03-31

Project AgeDERIVED

1245 days

Days OverdueDERIVED

150 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. 111/6/1, 111/12 at Village Jetpura, Tehsil Sawer, District Indore (M.P)

Matched LocalityMATCHED

Jetpura *

Tier: PROBABLE (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

134 categorized public files

OTHER(38)

APPROVAL(4)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

REGISTRATION(2)

PHOTOGRAPH(34)

ALLOTMENT(1)

📄 Draft Agreement

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: 2026-08-15T20:43:14.891Z

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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