MAHANKA/Indore/RERA/THE GRAND VIRASAT C

THE GRAND VIRASAT CONGOING

★Are you the official developer or sales mandate for THE GRAND VIRASAT C?
Data Provenance
Registration No
—FACT
Project Name
THE GRAND VIRASAT CFACT
Status
ONGOINGFACT
Promoter
SARTHAK VINAYAK REAL BUILTFACT
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
THE GRAND VIRASAT C
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
Neminath Housing Private Limited
Estimated Land CostFACT
—
Estimated Construction CostFACT
₹1,328.21 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

TIMELINE NOT ASSESSED
Proposed StartFACT
2024-03-31
Proposed CompletionFACT
—
Project AgeDERIVED
882 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
Khasra no. 104/2, 105/1, 105/2, 106, 107, 108/1/2, 108/4, 108/5, 259/2/1, 259/2/3, 259/2/4, 259/3, 260/2, 261, 262/4 and 264 Village Balyakheda Tehsil Kanadiya, District Indore
Matched LocalityMATCHED
Kanadiya
Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SARTHAK VINAYAK REAL BUILT
Entity TypeFACT
Partnership Firm / LLP
SARTHAK VINAYAK REAL BUILT31 Total Indexed Projects
COMPLETED5
ONGOING25
EXTENDED1
OVERDUE4
Portfolio Absorption: 37.78% across 3,788 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹9,000 / sqm
Multi-Story ResidentialMATCHED
₹12,000 / sqm
Commercial OfficeMATCHED
₹28,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Kanadiya

20 Peers in LocalityAvg Peer Absorption: 50%
ProjectPromoterStatusUnitsAbsorptionCompletion
ARCADIAnilesh-shri-vyasONGOING———
EXOTIC AVENUEritu-singalCOMPLETED430%2023-10-31
SANMAN CITYcity-sanmanONGOING1080%—
ARIHANT KETKAR REGENCYarihant-ketkarONGOING280%—
KG WOODLANDgurukripaONGOING———
SKYE SERENEearth-skyeONGOING———
GREENFIELD PALM BY OYSTERoysterONGOING———
MILAN GREENSdevajivaONGOING14348.95%2022-07-28

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

23 categorized public files

ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
OTHER(14)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
  • 📄 Other Documents
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

58.33%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryMISSING
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:35:10.413Z
  • Registration number is missing from the RERA source listing.
  • 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 THE GRAND VIRASAT C.

View all Indore projects →
COMPLETED
📍 2.5 km

SINGAPORE BRITISH GRAND

Promoter: SARTHAK VINAYAK REAL BUILT

Expected: 2023-03-31Inspect →
COMPLETED
📍 2.5 km

SINGAPORE KING ESTATE IMPERIAL

Promoter: SARTHAK VINAYAK REAL BUILT

Expected: 2024-05-01Inspect →
ONGOING
📍 2.5 km

SINGAPORE MID-WAY-CITY II

Promoter: SARTHAK VINAYAK REAL BUILT

Expected: 2027-12-31Inspect →
ONGOING
📍 2.5 km

SINGAPORE MARINA

Promoter: SARTHAK VINAYAK REAL BUILT

RERA ActiveInspect →
ONGOING
📍 2.5 km

THE GRAND VIRASAT D

Promoter: SARTHAK VINAYAK REAL BUILT

RERA ActiveInspect →
ONGOING
📍 2.5 km

THE GRAND MARATHA

Promoter: SARTHAK VINAYAK REAL BUILT

Expected: 2022-09-22Inspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

23 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
No APR found in indexed source
Not found in indexed 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 identityFoundSARTHAK VINAYAK REAL BUILT
!Proposed completion dateReviewCompletion date is not present in the indexed record.
!Latest QPRReviewNo QPR was found in the indexed source.
!Latest APRReviewNo APR was found in the indexed source.
!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
31
Completed
5
Extensions / delays
1
Cities represented
1
SINGAPORE BRITISH GRANDCOMPLETEDSINGAPORE KING ESTATE IMPERIALCOMPLETEDSINGAPORE MID-WAY-CITY IIONGOINGSINGAPORE MARINAONGOINGTHE GRAND VIRASAT DONGOINGTHE GRAND MARATHAONGOING

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for THE GRAND VIRASAT C

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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