Is PARSVNATH CITY PHASE-III in Indore registered with MP RERA?

Yes, PARSVNATH CITY PHASE-III is an official MP RERA registered project (Registration No: P-SWR-18-1576). The project is promoted by PARSVNATH DEVELOPERS LIMITED and is currently marked as ONGOING.

Who is the developer of PARSVNATH CITY PHASE-III?

PARSVNATH CITY PHASE-III is developed by PARSVNATH DEVELOPERS LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

PARSVNATH CITY PHASE-III | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for PARSVNATH CITY PHASE-III?

Data Provenance

Registration No

P-SWR-18-1576FACT

Project Name

PARSVNATH CITY PHASE-IIIFACT

Status

ONGOINGFACT

Promoter

PARSVNATH DEVELOPERS 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

PARSVNATH CITY PHASE-III

Registration NumberFACT

P-SWR-18-1576

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

Sanwer

Land OwnershipFACT

PARSVNATH DEVELOPERS LTD.

Estimated Land CostFACT

₹1,510 Lakh

Estimated Construction CostFACT

₹661 Lakh

Construction Cost / UnitDERIVED

₹1.78 Lakh

Across 371 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

371Total Units

SOLD UNITSFACT

193 (52.02%)

REMAINING UNITSFACT

178 (47.98%)

ABSORPTION RATEDERIVED

52.02%

Mahanka inventory observation: The statutory registry records 371 registered units, with 193 sold and 178 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
A/B/C/D Type	Plot	371	193	178	52.02%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2007-10-30

Proposed CompletionFACT

2018-11-30

Project AgeDERIVED

6877 days

Days OverdueDERIVED

2828 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Parsvnath City, AB Road Bypass Junction, Near Center Point-Petrol Pump Mangliya Indore

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

PARSVNATH DEVELOPERS LIMITED

Entity TypeFACT

Company

PARSVNATH DEVELOPERS LIMITED4 Total Indexed Projects

COMPLETED0

ONGOING4

EXTENDED0

OVERDUE4

Portfolio Absorption: 54.79% across 929 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

139 categorized public files

APPROVAL(3)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(28)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(45)

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: 2026-08-15T20:36:36.911Z

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.

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