Is VRINDAVAN PRIME in Indore registered with MP RERA?

Yes, VRINDAVAN PRIME is an official MP RERA registered project (Registration No: P-IND-23-4240). The project is promoted by KRISHNAYAN BUILDCON and is currently marked as ONGOING.

Who is the developer of VRINDAVAN PRIME?

VRINDAVAN PRIME is developed by KRISHNAYAN BUILDCON, an active real estate promoter in Indore, Madhya Pradesh.

VRINDAVAN PRIME | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for VRINDAVAN PRIME?

Data Provenance

Registration No

P-IND-23-4240FACT

Project Name

VRINDAVAN PRIMEFACT

Status

ONGOINGFACT

Promoter

KRISHNAYAN BUILDCONFACT

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

VRINDAVAN PRIME

Registration NumberFACT

P-IND-23-4240

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

Ramesh Chandra and Ramkishan Patidar

Estimated Land CostFACT

₹2,299.15 Lakh

Estimated Construction CostFACT

₹518.72 Lakh

Construction Cost / UnitDERIVED

₹1.44 Lakh

Across 359 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

359Total Units

SOLD UNITSFACT

206 (57.38%)

REMAINING UNITSFACT

153 (42.62%)

ABSORPTION RATEDERIVED

57.38%

Mahanka inventory observation: The statutory registry records 359 registered units, with 206 sold and 153 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential	Plot	231	124	107	53.68%
Residential-2	Plot	41	29	12	70.73%
Residential-3	Plot	35	20	15	57.14%
EWS	Plot	23	21	2	91.3%
LIG	Plot	12	12	0	100%
Shop Cum Residential	Plot	17	0	17	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-05-01

Proposed CompletionFACT

2026-05-03

Project AgeDERIVED

1215 days

Days OverdueDERIVED

117 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey No 596, 600/1, 600/2, 601/1/1, 601/1/2, 601/2, 601/3 at Village -Rangwasa, Tehsil - Rau, Dist. Indore, M.P.

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

KRISHNAYAN BUILDCON

Entity TypeFACT

Partnership Firm / LLP

KRISHNAYAN BUILDCON1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 57.38% across 359 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 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

105 categorized public files

REGISTRATION(2)

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

OTHER(50)

PHOTOGRAPH(21)

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: 2026-08-15T20:40:48.911Z

Locality is UNMATCHED: no verified spatial or text match in official gazette.
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.

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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 VRINDAVAN PRIME

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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