MAHANKA/Indore/RERA/TIRUMALA ADDRESS

TIRUMALA ADDRESSONGOING

★Are you the official developer or sales mandate for TIRUMALA ADDRESS?
Data Provenance
Registration No
P-IND-19-2348FACT
Project Name
TIRUMALA ADDRESSFACT
Status
ONGOINGFACT
Promoter
TARGET HOUSINGFACT
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
TIRUMALA ADDRESS
Registration NumberFACT
P-IND-19-2348
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
SHRI KANHAIYALAL KHATI & OTHERS
Estimated Land CostFACT
₹59.23 Lakh
Estimated Construction CostFACT
₹355.04 Lakh
Construction Cost / UnitDERIVED
₹0.69 Lakh
Across 513 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

513Total Units
SOLD UNITSFACT
63 (12.28%)
REMAINING UNITSFACT
450 (87.72%)
ABSORPTION RATEDERIVED
12.28%

Mahanka inventory observation: The statutory registry records 513 registered units, with 63 sold and 450 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
RESIDENTIALPlot5136345012.28%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2019-03-15
Proposed CompletionFACT
2022-02-28
Project AgeDERIVED
2723 days
Days OverdueDERIVED
1642 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
150,134/1,153,500/2,139/2 PAKI, 140 PAKI, 147,141,492,138/1,138/3,152/1,152/2,498/2,501/1 PAKI, 144/3,146/1,149,495,136/3,138/2,145,493,137,136/2,151,144/1,144/2,146/2,136/1,148,133,498/1,134/2,494,496/ 1,500/3,134/4,134/3,496/2,500/1,497/1,497/2,& 499 at village Bijalpur, Teshil and District Indore
Matched LocalityMATCHED
Bijalpur
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'bijalpur' equals locality 'Bijalpur'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
TARGET HOUSING
Entity TypeFACT
Partnership Firm / LLP
TARGET HOUSING7 Total Indexed Projects
COMPLETED0
ONGOING7
EXTENDED0
OVERDUE5
Portfolio Absorption: 22.27% across 2,331 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹25,000 / sqm
Multi-Story ResidentialMATCHED
₹30,000 / sqm
Commercial OfficeMATCHED
₹48,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bijalpur

20 Peers in LocalityAvg Peer Absorption: 38%
ProjectPromoterStatusUnitsAbsorptionCompletion
GOLD VISTAgold-vistaCOMPLETED2556%2024-12-01
SPRING FIELDenterprises-rabsukhONGOING270%2024-11-30
SHANTI ALNIMAHdevcon-radhikaONGOING———
NIRVANA PRIMEco-mandhwani-mandhwani-mandhwani-pinanlal-promoter-sandeep-sarlaONGOING70%2022-12-31
OPERA GREENSrealmart-unitedCOMPLETED40100%2018-07-10
RCM PRIMEanandam-estatesCOMPLETED2536%2023-06-30
ALI TOWNSHIP PHASE-1estate-msd-realCOMPLETED28248.23%2022-03-30
AVASA GRANDEpvt-shri-shristiCOMPLETED18550.27%2025-12-10

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

176 categorized public files

APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(14)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(58)
  • 📄 Jan 2022 - Mar 2022
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Apr 2021 - Jun 2021
  • 📄 Apr 2021 - Jun 2021
  • 📄 Apr 2021 - Jun 2021
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021

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: 2026-08-15T20:43:53.231Z
  • 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 TIRUMALA ADDRESS.

View all Indore projects →
ONGOING
📍 2.5 km

TIRUMALA PADMAWATI

Promoter: TARGET HOUSING

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

TIRUMALA PADMAWATI

Promoter: TARGET HOUSING

Expected: 2023-03-01Inspect →
ONGOING
📍 2.5 km

TIRUMALA CARE

Promoter: TARGET HOUSING

Expected: 2021-12-31Inspect →
ONGOING
📍 2.5 km

TIRUMALA PRIDE EXTENSION

Promoter: TARGET HOUSING

Expected: 2021-12-31Inspect →
ONGOING
📍 2.5 km

TIRUMALA PADMAVATI PREMIUM

Promoter: TARGET HOUSING

Expected: 2026-08-31Inspect →
ONGOING
📍 2.5 km

TIRUMALA READYMADE PARK EXTENSION 1

Promoter: TARGET HOUSING

Expected: 2022-03-31Inspect →
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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 TIRUMALA ADDRESS

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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