MAHANKA/Indore/RERA/ICON GREENS

ICON GREENSCOMPLETED

★Are you the official developer or sales mandate for ICON GREENS?
Data Provenance
Registration No
P-IND-22-3621FACT
Project Name
ICON GREENSFACT
Status
COMPLETEDFACT
Promoter
HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTALFACT
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
ICON GREENS
Registration NumberFACT
P-IND-22-3621
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
Promoter firm had entered into Joint Development agreement with both land owners viz. 1. Rashmi Tuteja & 2. Devesh Tuteja
Estimated Land CostFACT
₹3.83 Lakh
Estimated Construction CostFACT
₹125 Lakh
Construction Cost / UnitDERIVED
₹2.72 Lakh
Across 46 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

46Total Units
SOLD UNITSFACT
0 (0%)
REMAINING UNITSFACT
46 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 46 registered units, with 0 sold and 46 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Residential PlotsPlot460460%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2022-05-01
Proposed CompletionFACT
2025-04-30
Project AgeDERIVED
1580 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
Land Khasra no. 163/1, 164/1 and 164/2 at Village Kanadia, Tehsil & District INDORE(MP)
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTAL
Entity TypeFACT
Proprietorship Firm
HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTAL3 Total Indexed Projects
COMPLETED1
ONGOING2
EXTENDED0
OVERDUE1
Portfolio Absorption: 19.27% across 109 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

105 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(37)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Schedule C1
  • 📄 Agent Details
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(34)
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Oct 2022 - Dec 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022

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: 2026-08-15T20:39:02.757Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

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

View all Indore projects →
ONGOING
📍 2.5 km

ICON IMPERA

Promoter: HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTAL

Expected: 2024-06-30Inspect →
ONGOING
📍 2.5 km

IIT TOWN SIMROL

Promoter: HOMELAND CONSTRUCTION PROPRIETOR SMT. SUVIDHA MITTAL

Expected: 2028-09-30Inspect →
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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 ICON GREENS

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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