MAHANKA/Indore/RERA/SKYE ATLANTIS 1

SKYE ATLANTIS 1ONGOING

★Are you the official developer or sales mandate for SKYE ATLANTIS 1?
Data Provenance
Registration No
P-OTH-24-5193FACT
Project Name
SKYE ATLANTIS 1FACT
Status
ONGOINGFACT
Promoter
SKYE EARTH DEVELOPERS PRIVATE LIMITEDFACT
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
SKYE ATLANTIS 1
Registration NumberFACT
P-OTH-24-5193
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
Other
Land OwnershipFACT
SKYE EARTH DEVELOPERS PRIVATE LIMITED
Estimated Land CostFACT
₹2,318.03 Lakh
Estimated Construction CostFACT
₹285 Lakh
Construction Cost / UnitDERIVED
—
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

—Total Units
SOLD UNITSFACT
— (—)
REMAINING UNITSFACT
— (—)
ABSORPTION RATEDERIVED
—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE
Proposed StartFACT
2024-10-01
Proposed CompletionFACT
2028-10-01
Project AgeDERIVED
698 days
Days to CompletionDERIVED
763 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. 267/3, 266/2, 264/3, 264/2/2, 264/2/1/2, 264/2/1/1, 263/3/2/2, 263/3/1/2 at Village Nipanya, Tehsil Indore, District Indore
Matched LocalityMATCHED
Skye Atlantis
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Skye Atlantis' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SKYE EARTH DEVELOPERS PRIVATE LIMITED
Entity TypeFACT
Company
SKYE EARTH DEVELOPERS PRIVATE LIMITED20 Total Indexed Projects
COMPLETED4
ONGOING16
EXTENDED0
OVERDUE3
Portfolio Absorption: 64.85% across 2,188 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹28,000 / sqm
Multi-Story ResidentialMATCHED
₹33,000 / sqm
Commercial OfficeMATCHED
₹57,200 / sqm

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

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

OTHER(43)
  • 📄 Project Specifications
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
ALLOTMENT(1)
  • 📄 Draft Agreement
FINANCIAL(1)
  • 📄 Engineer's Certificate
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(28)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026

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
inventoryMISSING
project locationPRESENT
registration numberPRESENT
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:41:58.564Z
  • Inventory unit counts were not reported in the RERA project filing.
  • 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 SKYE ATLANTIS 1.

View all Indore projects →
ONGOING
📍 2.5 km

SKYE HYDE PARK - 2

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SKYE MR-11

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2026-12-31Inspect →
ONGOING
📍 2.5 km

SKYE FLORENCE

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SKYE CITY AH

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2026-12-06Inspect →
ONGOING
📍 2.5 km

SKYE HYDE PARK - 1

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2028-02-10Inspect →
ONGOING
📍 2.5 km

SKYE CITY

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2025-03-23Inspect →

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 2025 - Jun 2025
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-OTH-24-5193
✓Promoter identityFoundSKYE EARTH DEVELOPERS PRIVATE LIMITED
✓Proposed completion dateFound2028-10-01
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2025 - Jun 2025 · 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
20
Completed
4
Extensions / delays
0
Cities represented
1
SKYE HYDE PARK - 2ONGOINGSKYE MR-11ONGOINGSKYE FLORENCEONGOINGSKYE CITY AHONGOINGSKYE HYDE PARK - 1ONGOINGSKYE CITYONGOING

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.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SKYE ATLANTIS 1

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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