Is SANMAN CITY in Indore registered with MP RERA?

Yes, SANMAN CITY is an official MP RERA registered project (Registration No: P-IND-23-4306). The project is promoted by SANMAN CITY PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of SANMAN CITY?

SANMAN CITY is developed by SANMAN CITY PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

SANMAN CITY | MP RERA Project Intelligence & Guideline Benchmark

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

Data Provenance

Registration No

P-IND-23-4306FACT

Project Name

SANMAN CITYFACT

Status

ONGOINGFACT

Promoter

SANMAN CITY 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

SANMAN CITY

Registration NumberFACT

P-IND-23-4306

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

Sanman City Private limited

Estimated Land CostFACT

₹105.04 Lakh

Estimated Construction CostFACT

₹194 Lakh

Construction Cost / UnitDERIVED

₹1.8 Lakh

Across 108 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

108Total Units

SOLD UNITSFACT

23 (21.3%)

REMAINING UNITSFACT

85 (78.7%)

ABSORPTION RATEDERIVED

21.3%

Mahanka inventory observation: The statutory registry records 108 registered units, with 23 sold and 85 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General	Plot	64	18	46	28.13%
General-2	Plot	23	5	18	21.74%
EWS	Plot	12	0	12	0%
LIG	Plot	9	0	9	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-04-01

Proposed CompletionFACT

2025-06-30

Project AgeDERIVED

1245 days

Days OverdueDERIVED

424 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. 57/3/2, 57/3/1, 57/2/2, 57/2/1, 57/1, 56/3/MIN-1 & 56/1 At Village Khatrikhedi Tehsil Kanadiya District Indore

Matched LocalityMATCHED

Kanadiya

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Kanadiya' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SANMAN CITY PRIVATE LIMITED

Entity TypeFACT

Company

SANMAN CITY PRIVATE LIMITED2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE1

Portfolio Absorption: 10.65% across 216 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹9,000 / sqm

Multi-Story ResidentialMATCHED

₹12,000 / sqm

Commercial OfficeMATCHED

₹28,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Kanadiya (Match Tier: STRONG).

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Kanadiya

20 Peers in LocalityAvg Peer Absorption: 51%

Project	Promoter	Status	Units	Absorption	Completion
ARCADIA	nilesh-shri-vyas	ONGOING	—	—	—
EXOTIC AVENUE	ritu-singal	COMPLETED	43	0%	2023-10-31
SANMAN CITY	city-sanman	ONGOING	108	0%	—
ARIHANT KETKAR REGENCY	arihant-ketkar	ONGOING	28	0%	—
KG WOODLAND	gurukripa	ONGOING	—	—	—
SKYE SERENE	earth-skye	ONGOING	—	—	—
THE GRAND VIRASAT C	built-real-sarthak-vinayak	ONGOING	—	—	—
GREENFIELD PALM BY OYSTER	oyster	ONGOING	—	—	—

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

121 categorized public files

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(2)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(35)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(35)

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: 2026-08-15T20:40:54.188Z

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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Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SANMAN CITY.

View all Indore projects →

ONGOING

📍 2.5 km

SANMAN CITY

Promoter: SANMAN CITY PRIVATE LIMITED

RERA ActiveInspect →

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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SANMAN 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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