MAHANKA/Indore/RERA/MAHIMA SMART CITY PHASE-II

MAHIMA SMART CITY PHASE-IIONGOING

★Are you the official developer or sales mandate for MAHIMA SMART CITY PHASE-II?
Data Provenance
Registration No
—FACT
Project Name
MAHIMA SMART CITY PHASE-IIFACT
Status
ONGOINGFACT
Promoter
MAHIMA INFRASTRUCTURES 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
MAHIMA SMART CITY PHASE-II
Registration NumberFACT
Not published
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
Indore
Land OwnershipFACT
SELF
Estimated Land CostFACT
₹1,000 Lakh
Estimated Construction CostFACT
₹250 Lakh
Construction Cost / UnitDERIVED
₹9.62 Lakh
Across 26 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

26Total Units
SOLD UNITSFACT
0 (0%)
REMAINING UNITSFACT
26 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 26 registered units, with 0 sold and 26 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
31X60Plot1—1—
40X60Plot12—12—
40X70Plot1—1—
50X80Plot11—11—
75X85Plot1—1—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2020-08-01
Proposed CompletionFACT
2022-07-31
Project AgeDERIVED
2218 days
Days OverdueDERIVED
1489 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
P.H.No. 37, GRAM BADA BANGARDA, SUPER CORRIDOR, TEH. HATOD, DIST. INDORE
Matched LocalityMATCHED
Bada Bangarda
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
MAHIMA INFRASTRUCTURES PRIVATE LIMITED
Entity TypeFACT
Company
MAHIMA INFRASTRUCTURES PRIVATE LIMITED3 Total Indexed Projects
COMPLETED2
ONGOING1
EXTENDED0
OVERDUE1
Portfolio Absorption: 63.12% across 263 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 YearsYES

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

20 categorized public files

APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(11)
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Schedule C
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
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

83.33%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:35:02.558Z
  • Registration number is missing from the RERA source listing.
  • 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 MAHIMA SMART CITY PHASE-II.

View all Indore projects →
COMPLETED
📍 2.5 km

MAHIMA SMART CITY

Promoter: MAHIMA INFRASTRUCTURES PRIVATE LIMITED

Expected: 2019-09-30Inspect →
COMPLETED
📍 2.5 km

MAHIMA SMART CITY-2

Promoter: MAHIMA INFRASTRUCTURES PRIVATE LIMITED

Expected: 2023-07-31Inspect →
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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 MAHIMA SMART CITY PHASE-II

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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