Is SHREE VIHAR in Indore registered with MP RERA?

Yes, SHREE VIHAR is an official MP RERA registered project (Registration No: P-SWR-24-4613). The project is promoted by ELITE ESTATE and is currently marked as ONGOING.

Who is the developer of SHREE VIHAR?

SHREE VIHAR is developed by ELITE ESTATE, an active real estate promoter in Indore, Madhya Pradesh.

SHREE VIHAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHREE VIHAR?

Data Provenance

Registration No

P-SWR-24-4613FACT

Project Name

SHREE VIHARFACT

Status

ONGOINGFACT

Promoter

ELITE ESTATEFACT

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

SHREE VIHAR

Registration NumberFACT

P-SWR-24-4613

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

Sanwer

Land OwnershipFACT

Vikram Patel, Damodar Patel, Babulal Patel, Vishnu Patel, Narad Patel and Sudama patel

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹311.15 Lakh

Construction Cost / UnitDERIVED

₹2.06 Lakh

Across 151 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

151Total Units

SOLD UNITSFACT

49 (32.45%)

REMAINING UNITSFACT

102 (67.55%)

ABSORPTION RATEDERIVED

32.45%

Mahanka inventory observation: The statutory registry records 151 registered units, with 49 sold and 102 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General	Plot	138	45	93	32.61%
EWS	Plot	13	4	9	30.77%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2023-05-01

Proposed CompletionFACT

2026-12-31

Project AgeDERIVED

1215 days

Days to CompletionDERIVED

125 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasra No.385/1/1,385/1/2,385/1/3,383/2/2,383/1/2,385/2/2,383/1/1,385/2/1 Village Ranwer, Tehsil -Sanwer District Indore

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

ELITE ESTATE

Entity TypeFACT

Partnership Firm / LLP

ELITE ESTATE2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE0

Portfolio Absorption: 15.81% across 310 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 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

93 categorized public files

REGISTRATION(2)

OTHER(42)

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

FINANCIAL(2)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(28)

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: 2026-08-15T20:41:26.722Z

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 SHREE VIHAR.

View all Indore projects →

ONGOING

📍 2.5 km

SHREE VIHAR

Promoter: ELITE ESTATE

RERA ActiveInspect →

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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.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SHREE VIHAR

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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