Is KANAK SMART CITY in Indore registered with MP RERA?

Yes, KANAK SMART CITY is an official MP RERA registered project (Registration No: P-IND-19-2069). The project is promoted by KUSUM DEVCON (INDORE) PRIVATE LIMITED and is currently marked as COMPLETED.

Who is the developer of KANAK SMART CITY?

KANAK SMART CITY is developed by KUSUM DEVCON (INDORE) PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

KANAK SMART CITY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for KANAK SMART CITY?

Data Provenance

Registration No

P-IND-19-2069FACT

Project Name

KANAK SMART CITYFACT

Status

COMPLETEDFACT

Promoter

KUSUM DEVCON (INDORE) PRIVATE LIMITEDFACT

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

KANAK SMART CITY

Registration NumberFACT

P-IND-19-2069

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

KUSUM DEVCON (INDORE) PRIVATE LIMITED

Estimated Land CostFACT

₹0.03 Lakh

Estimated Construction CostFACT

₹0.01 Lakh

Construction Cost / UnitDERIVED

₹0 Lakh

Across 467 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

467Total Units

SOLD UNITSFACT

380 (81.37%)

REMAINING UNITSFACT

87 (18.63%)

ABSORPTION RATEDERIVED

81.37%

Mahanka inventory observation: The statutory registry records 467 registered units, with 380 sold and 87 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
1700 Square Feet	Plot	56	56	0	100%
1000 Square Feet	Plot	166	147	19	88.55%
850 Square Feet	Plot	80	66	14	82.5%
800 Square Feet	Plot	27	21	6	77.78%
810 Square Feet	Plot	15	9	6	60%
680 Square Feet	Plot	56	44	12	78.57%
454 Square Feet	Plot	24	11	13	45.83%
330 Square Feet	Plot	36	21	15	58.33%
3200 Square Feet	Plot	5	5	0	100%
6000 Square Feet	Plot	1	0	1	0%
33390 Square Feet	Plot	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2018-11-01

Proposed CompletionFACT

2020-10-30

Project AgeDERIVED

2857 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

168/2/2, 169/1, 169/2, 171/3/2, 171/3/1/2, 171/3/1/1, BHAWRASALA, TEHSIL SANWER, DISTRICT-INDORE

Matched LocalityMATCHED

Kanak Smart City

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Kanak Smart City' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

KUSUM DEVCON (INDORE) PRIVATE LIMITED

Entity TypeFACT

Company

KUSUM DEVCON (INDORE) PRIVATE LIMITED1 Total Indexed Projects

COMPLETED1

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 81.37% across 467 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

₹45,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Kanak Smart City (Match Tier: STRONG).

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

65 categorized public files

APPROVAL(4)

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(25)

PHOTOGRAPH(32)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

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: 2026-08-15T20:43:50.109Z

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 KANAK SMART CITY

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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