Is NEWWYORK CITY in Indore registered with MP RERA?

Yes, NEWWYORK CITY is an official MP RERA registered project (Registration No: P-IND-17-469). The project is promoted by HIGHWAY INFRASTRUCTURE LIMITED and is currently marked as ONGOING.

Who is the developer of NEWWYORK CITY?

NEWWYORK CITY is developed by HIGHWAY INFRASTRUCTURE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

NEWWYORK CITY | MP RERA Project Intelligence & Guideline Benchmark

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

Data Provenance

Registration No

P-IND-17-469FACT

Project Name

NEWWYORK CITYFACT

Status

ONGOINGFACT

Promoter

HIGHWAY INFRASTRUCTURE 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

NEWWYORK CITY

Registration NumberFACT

P-IND-17-469

Project StatusFACT

ONGOING

Project Type (Portal)FACT

Ongoing

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

HIGHWAY INFRASTRUCTURE PVT LTD

Estimated Land CostFACT

₹7.94 Lakh

Estimated Construction CostFACT

₹516.54 Lakh

Construction Cost / UnitDERIVED

₹5.38 Lakh

Across 96 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

96Total Units

SOLD UNITSFACT

96 (100%)

REMAINING UNITSFACT

0 (0%)

ABSORPTION RATEDERIVED

100%

Mahanka inventory observation: The statutory registry records 96 registered units, with 96 sold and 0 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
EWS 1 BHK	Apartment	80	80	0	100%
A TYPE DUPLEX	Individual house	16	16	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2016-07-01

Proposed CompletionFACT

2019-06-30

Project AgeDERIVED

3710 days

Days OverdueDERIVED

2616 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

NIHAPUR MUNDI BYEPASS ROAD INDORE

Matched LocalityMATCHED

Mundi

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

HIGHWAY INFRASTRUCTURE LIMITED

Entity TypeFACT

Company

HIGHWAY INFRASTRUCTURE LIMITED2 Total Indexed Projects

COMPLETED1

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 99.03% across 103 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 ProjectNO

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

86 categorized public files

APPROVAL(5)

OTHER(28)

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(42)

FINANCIAL(1)

📄 Engineer's Certificate

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: 2026-08-15T20:35:37.321Z

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 NEWWYORK CITY.

View all Indore projects →

COMPLETED

📍 2.5 km

NEWYORK CITY PHASE- 3

Promoter: HIGHWAY INFRASTRUCTURE LIMITED

Expected: 2021-05-10Inspect →

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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.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for NEWWYORK 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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