MAHANKA/Indore/RERA/AVASA PRANGAN

AVASA PRANGANONGOING

★Are you the official developer or sales mandate for AVASA PRANGAN?
Data Provenance
Registration No
P-OTH-26-6201FACT
Project Name
AVASA PRANGANFACT
Status
ONGOINGFACT
Promoter
SHRI SHRISTI CONSTRUCTION PVT. LTD.FACT
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
AVASA PRANGAN
Registration NumberFACT
P-OTH-26-6201
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
Other
Land OwnershipFACT
SHRI SHRISTI CONSTRUCTION PVT. LTD.
Estimated Land CostFACT
₹1,588.47 Lakh
Estimated Construction CostFACT
₹320 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

ON SCHEDULE
Proposed StartFACT
2025-08-01
Proposed CompletionFACT
2028-07-31
Project AgeDERIVED
392 days
Days to CompletionDERIVED
703 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra Number 232/1/1, 232/1/2, 232/1/3, 232/2, 233/1/1, 233/1/2, 233/1/3, 234, 236, 237/1, 237/2, 238/1, 238/2, 238/3, 239/1, 239/3, 240/2, 242, 243/1, 243/2, 244/2,417/1 (After Batankan 417/1/3) (Included Khasra -419 is not in planning area), 417/3 Village Bijalpur, Tehsil Rau, District Indore, M.P.
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
SHRI SHRISTI CONSTRUCTION PVT. LTD.
Entity TypeFACT
Company
SHRI SHRISTI CONSTRUCTION PVT. LTD.7 Total Indexed Projects
COMPLETED4
ONGOING2
EXTENDED1
OVERDUE1
Portfolio Absorption: 33.21% across 533 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: 37%
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
TIRUMALA ADDRESStargetONGOING51312.28%2022-02-28

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

50 categorized public files

REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
FINANCIAL(2)
  • 📄 Engineer's Certificate
  • 📄 Ca Certificate
OTHER(27)
  • 📄 Schedule F (Draft Brochure)
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Agent Details
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Team Details
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Open Parking
  • 📄 Other Documents
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule B
  • 📄 Schedule C1
  • 📄 Schedule D
  • 📄 Schedule E
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(13)
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryMISSING
project locationPRESENT
registration numberPRESENT
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:45:48.721Z
  • 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 AVASA PRANGAN.

View all Indore projects →
COMPLETED
📍 2.5 km

AVASA ANNEXE 1

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2025-09-30Inspect →
EXTENDED
📍 2.5 km

EWS BLOCK AVASA GRANDE

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2026-03-31Inspect →
COMPLETED
📍 2.5 km

AVASA GRANDE

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2025-12-10Inspect →
ONGOING
📍 2.5 km

AVASA PRIME

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2025-07-31Inspect →
COMPLETED
📍 2.5 km

AVASA

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2018-12-31Inspect →
COMPLETED
📍 2.5 km

AVASA AVENUE

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2019-08-01Inspect →
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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 AVASA PRANGAN

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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