MAHANKA/Indore/RERA/MILAN GRANDE

MILAN GRANDEONGOING

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Data Provenance
Registration No
—FACT
Project Name
MILAN GRANDEFACT
Status
ONGOINGFACT
Promoter
PAYAL MODIFACT
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
MILAN GRANDE
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
FULLY OWNED BY SMT PAYAL MODI AND SMT POOJA MODI
Estimated Land CostFACT
₹2,300 Lakh
Estimated Construction CostFACT
₹200 Lakh
Construction Cost / UnitDERIVED
₹11.76 Lakh
Across 17 registered units
Postal PincodeFACT
452016

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

17Total Units
SOLD UNITSFACT
0 (0%)
REMAINING UNITSFACT
17 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 17 registered units, with 0 sold and 17 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
01Plot1—1—
02Plot1—1—
03Plot1—1—
04Plot1—1—
05Plot1—1—
06Plot1—1—
07Plot1—1—
08Plot1—1—
09Plot1—1—
10Plot1—1—
11Plot1—1—
12Plot1—1—
13Plot1—1—
14Plot1—1—
00Plot0—0—
01-16Plot1—1—
01-17Plot1—1—
01-18Plot1—1—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2022-12-12
Proposed CompletionFACT
—
Project AgeDERIVED
1355 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 112/3/2 TO 116/1/2VILLAGE BICHOLI HAPSI TEHSIL INDORE 452016
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
PAYAL MODI
Entity TypeFACT
Individual
PAYAL MODI2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE1
Portfolio Absorption: 32.26% across 31 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

25 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
FINANCIAL(2)
  • 📄 Ca Certificate
  • 📄 Engineer's Certificate
OTHER(15)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
  • 📄 Engr Certificate
  • 📄 Colonisers License
  • 📄 Common Area Facilities
ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
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

75%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:44:33.210Z
  • Registration number is missing from the RERA source listing.
  • 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 MILAN GRANDE.

View all Indore projects →
ONGOING
📍 2.5 km

MILAN GRANDE

Promoter: PAYAL MODI

Expected: 2025-12-27Inspect →
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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 MILAN GRANDE

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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