Is BALAJI VIHAR in Indore registered with MP RERA?

Yes, BALAJI VIHAR is an official MP RERA registered project (Registration No: P-IND-22-3476). The project is promoted by KESHAV AIREN and is currently marked as COMPLETED.

Who is the developer of BALAJI VIHAR?

BALAJI VIHAR is developed by KESHAV AIREN, an active real estate promoter in Indore, Madhya Pradesh.

BALAJI VIHAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for BALAJI VIHAR?

Data Provenance

Registration No

P-IND-22-3476FACT

Project Name

BALAJI VIHARFACT

Status

COMPLETEDFACT

Promoter

KESHAV AIRENFACT

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

BALAJI VIHAR

Registration NumberFACT

P-IND-22-3476

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

JOINT DEVELOPMENT AGREEMENT

Estimated Land CostFACT

—

Estimated Construction CostFACT

—

Construction Cost / UnitDERIVED

—

Across 82 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

82Total Units

SOLD UNITSFACT

69 (84.15%)

REMAINING UNITSFACT

13 (15.85%)

ABSORPTION RATEDERIVED

84.15%

Mahanka inventory observation: The statutory registry records 82 registered units, with 69 sold and 13 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
RESIDENTIAL PLOT	Plot	73	60	13	82.19%
COMMERICIAL PLOT	Plot	9	9	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2021-12-15

Proposed CompletionFACT

2023-12-15

Project AgeDERIVED

1717 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

KHASRA NO. 343/1, 338/1/2

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

KESHAV AIREN

Entity TypeFACT

Individual

KESHAV AIREN1 Total Indexed Projects

COMPLETED1

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 84.15% across 82 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

245 categorized public files

FINANCIAL(2)

APPROVAL(4)

OTHER(14)

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(57)

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: 2026-08-15T20:39:12.860Z

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

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for BALAJI VIHAR

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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