Is SMART HOMES in Indore registered with MP RERA?

Yes, SMART HOMES is an official MP RERA registered project (Registration No: P-IND-19-2490). The project is promoted by RAJESH PATODI and is currently marked as ONGOING.

Who is the developer of SMART HOMES?

SMART HOMES is developed by RAJESH PATODI, an active real estate promoter in Indore, Madhya Pradesh.

SMART HOMES | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SMART HOMES?

Data Provenance

Registration No

P-IND-19-2490FACT

Project Name

SMART HOMESFACT

Status

ONGOINGFACT

Promoter

RAJESH PATODIFACT

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

SMART HOMES

Registration NumberFACT

P-IND-19-2490

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

Purshottam Joshi

Estimated Land CostFACT

₹0.06 Lakh

Estimated Construction CostFACT

₹631.42 Lakh

Construction Cost / UnitDERIVED

₹3.39 Lakh

Across 186 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

186Total Units

SOLD UNITSFACT

0 (0%)

REMAINING UNITSFACT

186 (100%)

ABSORPTION RATEDERIVED

Mahanka inventory observation: The statutory registry records 186 registered units, with 0 sold and 186 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residencial	Plot	186	0	186	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2019-04-23

Proposed CompletionFACT

2021-03-31

Project AgeDERIVED

2684 days

Days OverdueDERIVED

1976 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 05,Village Arandiya, Teh Indore

Matched LocalityMATCHED

Arandiya

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'arandiya' equals locality 'Arandiya'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

RAJESH PATODI

Entity TypeFACT

Individual

RAJESH PATODI1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 0% across 186 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹20,000 / sqm

Multi-Story ResidentialMATCHED

₹30,000 / sqm

Commercial OfficeMATCHED

₹41,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Arandiya

8 Peers in LocalityAvg Peer Absorption: 49%

Project	Promoter	Status	Units	Absorption	Completion
KRISHNA KUNJ	nnk	ONGOING	29	0%	—
B-BLOCK CASA GREEN	matrika	ONGOING	—	—	—
BRG SHANGRILA - EWS BUILDING	innovations-sarthak	ONGOING	54	100%	2019-12-31
VISTARA TOWNSHIP PHASE-III	abhilasha-buildtech	COMPLETED	173	72.25%	2023-07-20
AVILA MEADOWS	barod	ONGOING	137	0%	—
GK GREENS	estate-real-stuti	ONGOING	251	64.14%	2024-12-31
KRISHNA KUNJ	nnk	ONGOING	—	—	2026-05-31
CASA VILLA'S	casa	ONGOING	199	56.78%	2019-03-31

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

110 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(36)

APPROVAL(3)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(37)

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: 2026-08-15T20:37:46.003Z

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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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SMART HOMES

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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