Is TIRUMALA PADMAWATI in Indore registered with MP RERA?

Yes, TIRUMALA PADMAWATI is an official MP RERA registered project (Registration No: P-IND-22-3596). The project is promoted by TARGET HOUSING and is currently marked as ONGOING.

Who is the developer of TIRUMALA PADMAWATI?

TIRUMALA PADMAWATI is developed by TARGET HOUSING, an active real estate promoter in Indore, Madhya Pradesh.

TIRUMALA PADMAWATI | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for TIRUMALA PADMAWATI?

Data Provenance

Registration No

P-IND-22-3596FACT

Project Name

TIRUMALA PADMAWATIFACT

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 PADMAWATI

Registration NumberFACT

P-IND-22-3596

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

M/S TARGET HOUSING having partners Shri Nilesh s/o Shri S.N. Malpani, Manoj Malpani S/o Satyanarayan Malpani , Satyanarayan Malpani S/o Prahladdas Malpani & Shubh Labh Reality Limited.

Estimated Land CostFACT

₹1,703.42 Lakh

Estimated Construction CostFACT

₹906.81 Lakh

Construction Cost / UnitDERIVED

₹1.16 Lakh

Across 781 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

781Total Units

SOLD UNITSFACT

386 (49.42%)

REMAINING UNITSFACT

395 (50.58%)

ABSORPTION RATEDERIVED

49.42%

Mahanka inventory observation: The statutory registry records 781 registered units, with 386 sold and 395 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
EWS	Plot	44	0	44	0%
LIG Type-01	Plot	6	0	6	0%
LIG-Type-02	Plot	30	3	27	10%
Residential-Type -01	Plot	409	226	183	55.26%
Residential-Type -02	Plot	263	153	110	58.17%
Residential-Type -03	Plot	27	4	23	14.81%
Commercial	Commercial property	2	0	2	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-03-02

Proposed CompletionFACT

2023-03-01

Project AgeDERIVED

2005 days

Days OverdueDERIVED

1276 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Bearing Khasra No. 405/2/1/2, 405/2/2, 405/2/3, 406/2/1/2, 406/2/2/1, 406/3/1/1, 406/3/2/1/1,408/1/3/peki, 421/2, 406/1, 407/1/peki, 406/3/2/2, 407/2, 406/3/3, 421/1, 406/2/1/1, 406/2/2/2, 406/3/1/2,406/3/2/1/2,420/2,Total Rakba 10.705 hectare situated at Village Budhaniya ,Tehsil & District Indore (M.P.)

Matched LocalityMATCHED

Budhaniya Panth * (1.2)

Tier: PROBABLE (0% conf.)

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

Guideline rates are displayed only when a project is linked to an official revenue locality with an EXACT or STRONG match tier. This project currently holds an unverified locality link.

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 ProjectNO

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

169 categorized public files

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(19)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(52)

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: 2026-08-15T20:39:26.367Z

Guideline rate benchmark is withheld because locality match is not EXACT or STRONG.
Coordinates are not published by MP RERA and are not invented.
Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

🗺