MAHANKA/Indore/RERA/VISTARA TOWNSHIP PHASE-III

VISTARA TOWNSHIP PHASE-IIICOMPLETED

★Are you the official developer or sales mandate for VISTARA TOWNSHIP PHASE-III?
Data Provenance
Registration No
P-IND-20-2595FACT
Project Name
VISTARA TOWNSHIP PHASE-IIIFACT
Status
COMPLETEDFACT
Promoter
ABHILASHA BUILDTECH 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
VISTARA TOWNSHIP PHASE-III
Registration NumberFACT
P-IND-20-2595
Project StatusFACT
COMPLETED
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
ABHILASHA BUILDTECH PRIVATE LIMITED
Estimated Land CostFACT
₹272.54 Lakh
Estimated Construction CostFACT
₹189.5 Lakh
Construction Cost / UnitDERIVED
₹1.1 Lakh
Across 173 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

173Total Units
SOLD UNITSFACT
125 (72.25%)
REMAINING UNITSFACT
48 (27.75%)
ABSORPTION RATEDERIVED
72.25%

Mahanka inventory observation: The statutory registry records 173 registered units, with 125 sold and 48 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Residential-24Plot110100%
Residential-25Plot110100%
Residential-26Plot110100%
Residential-27Plot110100%
Residential-28Plot110100%
Residential-29Plot110100%
Residential-30Plot1010%
Residential-31Plot1010%
Residential-32Plot1010%
Residential-33Plot1010%
Residential-34Plot1010%
Residential-35Plot1010%
Residential-36Plot1010%
Residential-37Plot1010%
Residential-38Plot1010%
Residential-39Plot110100%
Residential-40Plot1010%
Residential-41Plot110100%
Residential-42Plot110100%
Residential-43Plot1010%
Residential-44Plot1010%
Residential-45Plot1010%
Residential-46Plot1010%
ResidentialPlot1010%
Residential-2Plot1010%
Residential-3Plot110100%
Residential-4Plot1010%
Residential-5Plot7570593.33%
Residential-6Plot110100%
Residential-7Plot110100%
Residential-8Plot110100%
Residential-9Plot110100%
Residential-10Plot110100%
Residential-11Plot110100%
Residential-12Plot1010%
Residential-13Plot1010%
Residential-14Plot1010%
Residential-15Plot54322259.26%
Residential-16Plot110100%
Residential-17Plot110100%
Residential-18Plot110100%
Residential-19Plot110100%
Residential-20Plot110100%
Residential-21Plot110100%
Residential-22Plot110100%
Residential-23Plot1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2020-01-20
Proposed CompletionFACT
2023-07-20
Project AgeDERIVED
2414 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
GRAM ARANDIYA AB BYPAAS ROAD NEAR GEMS PUBLIC SCHOOL INDORE(M.P.)
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
ABHILASHA BUILDTECH PRIVATE LIMITED
Entity TypeFACT
Company
ABHILASHA BUILDTECH PRIVATE LIMITED2 Total Indexed Projects
COMPLETED1
ONGOING1
EXTENDED0
OVERDUE0
Portfolio Absorption: 72.25% across 173 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: 37%
ProjectPromoterStatusUnitsAbsorptionCompletion
KRISHNA KUNJnnkONGOING290%—
B-BLOCK CASA GREENmatrikaONGOING———
BRG SHANGRILA - EWS BUILDINGinnovations-sarthakONGOING54100%2019-12-31
SMART HOMESpatodi-rajeshONGOING1860%2021-03-31
AVILA MEADOWSbarodONGOING1370%—
GK GREENSestate-real-stutiONGOING25164.14%2024-12-31
KRISHNA KUNJnnkONGOING——2026-05-31
CASA VILLA'ScasaONGOING19956.78%2019-03-31

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

OTHER(17)
  • 📄 Schedule F (Draft Brochure)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Other Documents
  • 📄 Agent Details
  • 📄 Schedule C
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(54)
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 2021
  • 📄 Jul 2021 - Sep 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: 2026-08-15T20:37:52.310Z
  • 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 VISTARA TOWNSHIP PHASE-III.

View all Indore projects →
ONGOING
📍 2.5 km

VISTARA TOWNSHIP PHASE-4 PART C

Promoter: ABHILASHA BUILDTECH PRIVATE LIMITED

Expected: 2028-02-01Inspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
Apr 2021 - Jun 2021
Fresh source capture14 days since source capture
Open 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 numberFoundP-IND-20-2595
✓Promoter identityFoundABHILASHA BUILDTECH PRIVATE LIMITED
✓Proposed completion dateFound2023-07-20
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2021 - Jun 2021 · 14 days since source capture
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundCOMPLETED

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
2
Completed
1
Extensions / delays
0
Cities represented
1
VISTARA TOWNSHIP PHASE-IIICOMPLETEDVISTARA TOWNSHIP PHASE-4 PART CONGOING

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 VISTARA TOWNSHIP PHASE-III

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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