Is RATNA VALLEY in Indore registered with MP RERA?

Yes, RATNA VALLEY is an official MP RERA registered project (Registration No: P-IND-23-4020). The project is promoted by VEERMANI DEVELOPERS and is currently marked as ONGOING.

Who is the developer of RATNA VALLEY?

RATNA VALLEY is developed by VEERMANI DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

RATNA VALLEY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for RATNA VALLEY?

Data Provenance

Registration No

P-IND-23-4020FACT

Project Name

RATNA VALLEYFACT

Status

ONGOINGFACT

Promoter

VEERMANI DEVELOPERSFACT

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

RATNA VALLEY

Registration NumberFACT

P-IND-23-4020

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

Vikram khandelwal, Rohit khandelwal, Naresh Bhandari and Shri Jagannath Impex Private Limited

Estimated Land CostFACT

₹5.62 Lakh

Estimated Construction CostFACT

₹183.29 Lakh

Construction Cost / UnitDERIVED

₹1.64 Lakh

Across 112 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

112Total Units

SOLD UNITSFACT

18 (16.07%)

REMAINING UNITSFACT

94 (83.93%)

ABSORPTION RATEDERIVED

16.07%

Mahanka inventory observation: The statutory registry records 112 registered units, with 18 sold and 94 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Gen Plot	Plot	100	18	82	18%
Semi Commercial Plot	Plot	1	0	1	0%
E.W.S. Plot	Plot	6	0	6	0%
L.I.G Plot	Plot	5	0	5	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-02-08

Proposed CompletionFACT

2026-02-18

Project AgeDERIVED

1297 days

Days OverdueDERIVED

191 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasra no. 173/1/1/2, 173/1/2, 173/1/3 , Village Jetpura, Tehsil Sawer ,District Indore

Matched LocalityMATCHED

Jetpura *

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

VEERMANI DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

VEERMANI DEVELOPERS1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 16.07% across 112 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 YearsNO

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

10. Indexed Statutory DocumentsFACT

118 categorized public files

OTHER(39)

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(32)

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: 2026-08-15T20:40:12.714Z

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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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 RATNA VALLEY

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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