Is SHRI BALAJI GREENS in Indore registered with MP RERA?

Yes, SHRI BALAJI GREENS is an official MP RERA registered project (Registration No: P-IND-22-3418). The project is promoted by M/S SMB INFRATECH PROPRITORE FIRM and is currently marked as ONGOING.

Who is the developer of SHRI BALAJI GREENS?

SHRI BALAJI GREENS is developed by M/S SMB INFRATECH PROPRITORE FIRM, an active real estate promoter in Indore, Madhya Pradesh.

SHRI BALAJI GREENS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHRI BALAJI GREENS?

Data Provenance

Registration No

P-IND-22-3418FACT

Project Name

SHRI BALAJI GREENSFACT

Status

ONGOINGFACT

Promoter

M/S SMB INFRATECH PROPRITORE FIRMFACT

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

SHRI BALAJI GREENS

Registration NumberFACT

P-IND-22-3418

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

Part of Land Owned by Promoter and for Part Promoter has entered Joint Development Agreement with Land Owners

Estimated Land CostFACT

₹222.3 Lakh

Estimated Construction CostFACT

₹160 Lakh

Construction Cost / UnitDERIVED

₹2.08 Lakh

Across 77 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

77Total Units

SOLD UNITSFACT

49 (63.64%)

REMAINING UNITSFACT

28 (36.36%)

ABSORPTION RATEDERIVED

63.64%

Mahanka inventory observation: The statutory registry records 77 registered units, with 49 sold and 28 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Residential Plots	Plot	73	49	24	67.12%
Shop Cum Residendial Plotsq	Plot	4	0	4	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-12-01

Proposed CompletionFACT

2024-11-30

Project AgeDERIVED

1733 days

Days OverdueDERIVED

638 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Khasra no. 457/1/1, 459 and 461/5/1, at Village Bada Bangarda, Tehsil and District Indore MP,

Matched LocalityMATCHED

Bada Bangarda

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Bada Bangarda' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

M/S SMB INFRATECH PROPRITORE FIRM

Entity TypeFACT

Individual

M/S SMB INFRATECH PROPRITORE FIRM1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 63.64% across 77 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹10,000 / sqm

Multi-Story ResidentialMATCHED

₹29,000 / sqm

Commercial OfficeMATCHED

₹30,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bada Bangarda

8 Peers in LocalityAvg Peer Absorption: 40%

Project	Promoter	Status	Units	Absorption	Completion
AMM GREENS	amm-realties	COMPLETED	264	17.8%	2019-09-30
MADHUR CITY	agrawal-nisha	COMPLETED	120	0%	2023-01-31
SIGNATURE MIDTOWN	bhoomi-reality	ONGOING	134	35.07%	2020-04-30
AMM GREENS EWS/LIG	amm-realties	COMPLETED	43	0%	2022-09-30
PEARL LEAF	jain-rr	ONGOING	122	81.97%	2024-01-29
LAABHAM CITY-2	laabham	ONGOING	355	79.15%	2023-09-28
LAABHAM CITY 3	laabham	ONGOING	180	73.89%	2026-06-15
MAHIMA SARTHAK HOMES	estate-sarthak	COMPLETED	43	30.23%	2026-03-15

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 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

163 categorized public files

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

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: 2026-08-15T20:39:01.795Z

Coordinates are not published by MP RERA and are not invented.
Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents

Latest QPR

No QPR found in indexed source

Not found in indexed source

Latest APR

Apr 2024 - Jun 2024

Fresh source capture14 days since source capture

Open source ↗

Completion certificate

No certificate found in indexed source

Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

RERA registration numberFoundP-IND-22-3418

Promoter identityFoundM/S SMB INFRATECH PROPRITORE FIRM

Proposed completion dateFound2024-11-30

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2024 - Jun 2024 · 14 days since source capture

Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.

Timeline changesReview1 source changes are visible in the project timeline.

Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

SHRI BALAJI GREENSONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying

Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955

Email: secretaryrera@mp.gov.in

Portal: Official website ↗

Last verified: 29 Aug 2026Published MP RERA record ↗

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 SHRI BALAJI GREENS

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)

🏛️

Lending assessment request

Share your requirements for an indicative lending assessment. Eligibility, lender availability, pricing, and final terms depend on the responding institution.