Is SANSKRUTI ROYAL CITY SECTOR B in Indore registered with MP RERA?

Yes, SANSKRUTI ROYAL CITY SECTOR B is an official MP RERA registered project (Registration No: P-IND-24-4772). The project is promoted by NAKODA DEVELOPERS and is currently marked as ONGOING.

Who is the developer of SANSKRUTI ROYAL CITY SECTOR B?

SANSKRUTI ROYAL CITY SECTOR B is developed by NAKODA DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

SANSKRUTI ROYAL CITY SECTOR B | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SANSKRUTI ROYAL CITY SECTOR B?

Data Provenance

Registration No

P-IND-24-4772FACT

Project Name

SANSKRUTI ROYAL CITY SECTOR BFACT

Status

ONGOINGFACT

Promoter

NAKODA 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

SANSKRUTI ROYAL CITY SECTOR B

Registration NumberFACT

P-IND-24-4772

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

Self & Nisha Sacheti, Saroj Sancheti, Rajesh Sule, Subhash Sule, Hukumchand Sule

Estimated Land CostFACT

₹682.72 Lakh

Estimated Construction CostFACT

₹553.23 Lakh

Construction Cost / UnitDERIVED

—

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

—Total Units

SOLD UNITSFACT

— (—)

REMAINING UNITSFACT

— (—)

ABSORPTION RATEDERIVED

—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2024-01-01

Proposed CompletionFACT

2027-12-31

Project AgeDERIVED

970 days

Days to CompletionDERIVED

490 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey No. 1298/2/1, 1298/2/2, 1298/4/2, 1298/5, 1298/6/2, 1298/7, 1299/1/1, 1299/1/2/1, 1300, 1301 At Village Rau, Tehsil Rau & District Indore, M.P.

Matched LocalityMATCHED

Royal City

Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

NAKODA DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

NAKODA DEVELOPERS2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE0

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹17,400 / sqm

Multi-Story ResidentialMATCHED

₹12,000 / sqm

Commercial OfficeMATCHED

₹36,300 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Royal City

3 Peers in LocalityAvg Peer Absorption: 75%

Project	Promoter	Status	Units	Absorption	Completion
SANSKRUTI ROYAL CITY	buildcon-pushpa	COMPLETED	583	75.13%	2020-12-31
SANSKRUTI ROYAL CITY SECTOR M	buildcon-pushpa	ONGOING	—	—	2027-12-31
SANSKRUTI ROYAL CITY SECTOR S	buildcon-pushpa	ONGOING	—	—	2027-12-31

9. Observable Risk & Delay SignalsINFERRED

Independent regulatory observations (not a composite score)

Proposed Completion Date PassedNO

Formally Extended by AuthorityNO

High Remaining Inventory on Overdue ProjectNO

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

111 categorized public files

OTHER(52)

APPROVAL(4)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(20)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryMISSING

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:41:44.421Z

Inventory unit counts were not reported in the RERA project filing.
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 SANSKRUTI ROYAL CITY SECTOR B.

View all Indore projects →

ONGOING

📍 2.5 km

PUSHPRATNA VIHAR

Promoter: NAKODA DEVELOPERS

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 SANSKRUTI ROYAL CITY SECTOR B

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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Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.