Is SANSKRUTI CORRIDOR in Indore registered with MP RERA?

Yes, SANSKRUTI CORRIDOR is an official MP RERA registered project (Registration No: P-IND-17-1101). The project is promoted by SPACE REALCON INDIA PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of SANSKRUTI CORRIDOR?

SANSKRUTI CORRIDOR is developed by SPACE REALCON INDIA PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

SANSKRUTI CORRIDOR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SANSKRUTI CORRIDOR?

Data Provenance

Registration No

P-IND-17-1101FACT

Project Name

SANSKRUTI CORRIDORFACT

Status

ONGOINGFACT

Promoter

SPACE REALCON INDIA 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

SANSKRUTI CORRIDOR

Registration NumberFACT

P-IND-17-1101

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

Space real con india pvt.ltd.

Estimated Land CostFACT

₹1,657 Lakh

Estimated Construction CostFACT

₹561.7 Lakh

Construction Cost / UnitDERIVED

₹1.23 Lakh

Across 458 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

458Total Units

SOLD UNITSFACT

308 (67.25%)

REMAINING UNITSFACT

150 (32.75%)

ABSORPTION RATEDERIVED

67.25%

Mahanka inventory observation: The statutory registry records 458 registered units, with 308 sold and 150 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
RESIDENTIAL	Plot	389	293	96	75.32%
EWS	Plot	42	9	33	21.43%
LIG	Plot	27	6	21	22.22%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2014-06-10

Proposed CompletionFACT

2018-12-10

Project AgeDERIVED

4462 days

Days OverdueDERIVED

2818 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

chota bangarda indore (M.P)

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SPACE REALCON INDIA PRIVATE LIMITED

Entity TypeFACT

Company

SPACE REALCON INDIA PRIVATE LIMITED2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE2

Portfolio Absorption: 75.07% across 722 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

54 categorized public files

APPROVAL(3)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(29)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(18)

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: 2026-08-15T20:36:07.668Z

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 SANSKRUTI CORRIDOR.

View all Indore projects →

ONGOING

📍 2.5 km

AUCKLAND CORRIDA

Promoter: SPACE REALCON INDIA PRIVATE LIMITED

Expected: 2019-09-30Inspect →

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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 SANSKRUTI CORRIDOR

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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