MAHANKA/Indore/RERA/SKYE MR-11

SKYE MR-11ONGOING

★Are you the official developer or sales mandate for SKYE MR-11?
Data Provenance
Registration No
P-IND-24-4739FACT
Project Name
SKYE MR-11FACT
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 MR-11
Registration NumberFACT
P-IND-24-4739
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
Joint Development Agreement
Estimated Land CostFACT
₹21.88 Lakh
Estimated Construction CostFACT
₹252.77 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
2024-01-01
Proposed CompletionFACT
2026-12-31
Project AgeDERIVED
970 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. 38, 39/1 and 40/2 at Village Maya Khedi, Tehsil Kanadiya, District Indore
Matched LocalityMATCHED
Skye Mr-11
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Skye Mr-11' 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
₹20,000 / sqm
Multi-Story ResidentialMATCHED
₹25,000 / sqm
Commercial OfficeMATCHED
₹40,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Skye Mr-11 (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

156 categorized public files

APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Nazul Clearance Case
  • 📄 Consent Land Owner
  • 📄 Development Permission
FINANCIAL(1)
  • 📄 Engineer's Certificate
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(42)
  • 📄 Schedule H
  • 📄 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
ALLOTMENT(1)
  • 📄 Draft Agreement
PHOTOGRAPH(29)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025

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: 2026-08-15T20:45:23.274Z
  • 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 MR-11.

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 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 →
ONGOING
📍 2.5 km

SKYE AVANA

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SKYE MR-11

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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