Is SHRI SHARAD MADHAV VIHAR-2 in Indore registered with MP RERA?

Yes, SHRI SHARAD MADHAV VIHAR-2 is an official MP RERA registered project (Registration No: Indexed). The project is promoted by METRO ASSOCIATES and is currently marked as ONGOING.

Who is the developer of SHRI SHARAD MADHAV VIHAR-2?

SHRI SHARAD MADHAV VIHAR-2 is developed by METRO ASSOCIATES, an active real estate promoter in Indore, Madhya Pradesh.

SHRI SHARAD MADHAV VIHAR-2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHRI SHARAD MADHAV VIHAR-2?

Data Provenance

Registration No

—FACT

Project Name

SHRI SHARAD MADHAV VIHAR-2FACT

Status

ONGOINGFACT

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-2

Registration NumberFACT

Not published

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 Metro Associates

Estimated Land CostFACT

₹5.78 Lakh

Estimated Construction CostFACT

₹79.86 Lakh

Construction Cost / UnitDERIVED

₹2 Lakh

Across 40 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

40Total Units

SOLD UNITSFACT

0 (0%)

REMAINING UNITSFACT

40 (100%)

ABSORPTION RATEDERIVED

Mahanka inventory observation: The statutory registry records 40 registered units, with 0 sold and 40 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plots	Plot	39	0	39	0%
Commercial Plot	Plot	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-10-01

Proposed CompletionFACT

2023-10-01

Project AgeDERIVED

2158 days

Days OverdueDERIVED

1063 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. - 268, of Village- Nenod, Tehsil and District Indore (M.P.)

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (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 PassedYES

Formally Extended by AuthorityNO

High Remaining Inventory on Overdue ProjectFLAGGED

Project Age Over 5 YearsYES

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

10. Indexed Statutory DocumentsFACT

162 categorized public files

APPROVAL(4)

OTHER(20)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(51)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryPRESENT

project locationPRESENT

registration numberMISSING

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:38:38.114Z

Registration number is missing from the RERA source listing.
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.

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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-2.

View all Indore projects →

COMPLETED

📍 2.5 km

SHRI SHARAD MADHAV VIHAR

Promoter: METRO ASSOCIATES

Expected: 2021-01-01Inspect →

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 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 numberReviewRegistration number is not present in the indexed record.

Promoter identityFoundMETRO ASSOCIATES

Proposed completion dateFound2023-10-01

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 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-2

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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