Is JANKI NAGAR in Indore registered with MP RERA?

Yes, JANKI NAGAR is an official MP RERA registered project (Registration No: P-OTH-23-4232). The project is promoted by PALAK REAL ESTATE and is currently marked as ONGOING.

Who is the developer of JANKI NAGAR?

JANKI NAGAR is developed by PALAK REAL ESTATE, an active real estate promoter in Indore, Madhya Pradesh.

JANKI NAGAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for JANKI NAGAR?

Data Provenance

Registration No

P-OTH-23-4232FACT

Project Name

JANKI NAGARFACT

Status

ONGOINGFACT

Promoter

PALAK REAL ESTATEFACT

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

JANKI NAGAR

Registration NumberFACT

P-OTH-23-4232

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

MAHESH, SURENDRA, RAJESH S/O CHITTAR

Estimated Land CostFACT

₹13.97 Lakh

Estimated Construction CostFACT

₹452.57 Lakh

Construction Cost / UnitDERIVED

₹1.27 Lakh

Across 357 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

357Total Units

SOLD UNITSFACT

61 (17.09%)

REMAINING UNITSFACT

296 (82.91%)

ABSORPTION RATEDERIVED

17.09%

Mahanka inventory observation: The statutory registry records 357 registered units, with 61 sold and 296 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Residential Plots	Plot	297	61	236	20.54%
LIG	Plot	19	0	19	0%
EWS	Plot	28	0	28	0%
LOCAL CUM RES SHOP	Plot	13	0	13	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-05-01

Proposed CompletionFACT

2026-07-31

Project AgeDERIVED

1215 days

Days OverdueDERIVED

28 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

DEPALPUR, INDORE

Matched LocalityMATCHED

Janki Nagar

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

PALAK REAL ESTATE

Entity TypeFACT

Partnership Firm / LLP

PALAK REAL ESTATE1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 17.09% across 357 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 ProjectFLAGGED

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

132 categorized public files

FINANCIAL(2)

APPROVAL(4)

REGISTRATION(2)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(32)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(38)

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: 2026-08-15T20:44:13.947Z

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 JANKI NAGAR

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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