Is SHRI SHARAD MADHAV VIHAR in Indore registered with MP RERA?

Yes, SHRI SHARAD MADHAV VIHAR is an official MP RERA registered project (Registration No: P-IND-18-1732). The project is promoted by METRO ASSOCIATES and is currently marked as COMPLETED.

Who is the developer of SHRI SHARAD MADHAV VIHAR?

SHRI SHARAD MADHAV VIHAR is developed by METRO ASSOCIATES, an active real estate promoter in Indore, Madhya Pradesh.

SHRI SHARAD MADHAV VIHAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHRI SHARAD MADHAV VIHAR?

Data Provenance

Registration No

P-IND-18-1732FACT

Project Name

SHRI SHARAD MADHAV VIHARFACT

Status

COMPLETEDFACT

Promoter

METRO ASSOCIATESFACT

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 SHARAD MADHAV VIHAR

Registration NumberFACT

P-IND-18-1732

Project StatusFACT

COMPLETED

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

Super Build Developers Pvt Ltd., Nitin Khemlani, R.L. Associates, Chelaram Khemlani and Sons H.U.F, Naresh Khemlani, Sunandabai, Rajendra khemlani, Anshul Khemlani, Prem kumar Khemlani, Neeta Khemalni

Estimated Land CostFACT

₹1 Lakh

Estimated Construction CostFACT

₹1,200 Lakh

Construction Cost / UnitDERIVED

₹1.97 Lakh

Across 609 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

609Total Units

SOLD UNITSFACT

63 (10.34%)

REMAINING UNITSFACT

546 (89.66%)

ABSORPTION RATEDERIVED

10.34%

Mahanka inventory observation: The statutory registry records 609 registered units, with 63 sold and 546 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
ews	Plot	43	0	43	0%
lig	Plot	27	0	27	0%
Mutli Dewing	Plot	1	0	1	0%
Nursery School	Plot	1	0	1	0%
Residential	Plot	536	63	473	11.75%
Shops	Other	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2018-01-01

Proposed CompletionFACT

2021-01-01

Project AgeDERIVED

3162 days

Days to CompletionDERIVED

—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Kh. No. 29/1/1/1/1, 41/3, 29/1/1/1/4, 29/1/5, 41/1/2, 41/4/2, 41/1/1, 42/2/30, 43, 48/1/2, 47, 48/2/1, 48/1/1, 49/2, Village Nenod, Teh. And Dist. Indore

Matched LocalityMATCHED

Chrdw Farm Vatsalya Prestige /Sai Town/Prahari Vihar (nenod) * (1.1)

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

METRO ASSOCIATES

Entity TypeFACT

Partnership Firm / LLP

METRO ASSOCIATES2 Total Indexed Projects

COMPLETED1

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 9.71% across 649 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

133 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

APPROVAL(3)

OTHER(40)

ALLOTMENT(1)

📄 Draft Agreement

PHOTOGRAPH(33)

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: 2026-08-15T20:43:47.066Z

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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Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SHRI SHARAD MADHAV VIHAR.

View all Indore projects →

ONGOING

📍 2.5 km

SHRI SHARAD MADHAV VIHAR-2

Promoter: METRO ASSOCIATES

Expected: 2023-10-01Inspect →

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 2020 - Jun 2020

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-18-1732

Promoter identityFoundMETRO ASSOCIATES

Proposed completion dateFound2021-01-01

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2020 - Jun 2020 · 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 statusFoundCOMPLETED

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

SHRI SHARAD MADHAV VIHARCOMPLETED SHRI SHARAD MADHAV VIHAR-2ONGOING

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 ↗

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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 SHRI SHARAD MADHAV 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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