MAHANKA/Indore/RERA/AVASA

AVASACOMPLETED

★Are you the official developer or sales mandate for AVASA?
Data Provenance
Registration No
P-IND-17-375FACT
Project Name
AVASAFACT
Status
COMPLETEDFACT
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
Registration NumberFACT
P-IND-17-375
Project StatusFACT
COMPLETED
Project Type (Portal)FACT
Ongoing
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 SHRISTI CONSTRUCTION PVT. LTD.
Estimated Land CostFACT
₹198.01 Lakh
Estimated Construction CostFACT
₹2,997.5 Lakh
Construction Cost / UnitDERIVED
₹17.23 Lakh
Across 174 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

174Total Units
SOLD UNITSFACT
61 (35.06%)
REMAINING UNITSFACT
113 (64.94%)
ABSORPTION RATEDERIVED
35.06%

Mahanka inventory observation: The statutory registry records 174 registered units, with 61 sold and 113 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
2BHKApartment50113922%
3 BHKApartment80126815%
1 BHKApartment4438686.36%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2011-03-23
Proposed CompletionFACT
2018-12-31
Project AgeDERIVED
5637 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
KH. NO. 379/4, BIJALPUR, AB ROAD, INDORE
Matched LocalityMATCHED
Bijalpur
Tier: PROBABLE (0% conf.)

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

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 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

49 categorized public files

OTHER(14)
  • 📄 Project document
  • 📄 Project document
  • 📄 Project Status
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(2)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
PHOTOGRAPH(30)
  • 📄 Apr 2018 - Jun 2018
  • 📄 Apr 2018 - Jun 2018
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Oct 2017 - Dec 2017
  • 📄 Apr 2018 - Jun 2018
  • 📄 Apr 2018 - Jun 2018
  • 📄 Apr 2018 - Jun 2018
  • 📄 Apr 2018 - Jun 2018
  • 📄 Apr 2018 - Jun 2018
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration

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: 2026-08-15T20:43:07.941Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as AVASA.

View all Indore projects →
COMPLETED
📍 2.5 km

AVASA ANNEXE 1

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

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

AVASA PRANGAN

Promoter: SHRI SHRISTI CONSTRUCTION PVT. LTD.

Expected: 2028-07-31Inspect →
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 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

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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