MAHANKA/Indore/RERA/SARTHAK GALAXY- III

SARTHAK GALAXY- IIIONGOING

★Are you the official developer or sales mandate for SARTHAK GALAXY- III?
Data Provenance
Registration No
—FACT
Project Name
SARTHAK GALAXY- IIIFACT
Status
ONGOINGFACT
Promoter
SARTHAK CONSTRUCTIONFACT
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
SARTHAK GALAXY- III
Registration NumberFACT
Not published
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
Other
Land OwnershipFACT
SARTHAK ESTATE DEVELOPERS
Estimated Land CostFACT
₹257.7 Lakh
Estimated Construction CostFACT
₹1,669.16 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

TIMELINE NOT ASSESSED
Proposed StartFACT
2025-07-01
Proposed CompletionFACT
—
Project AgeDERIVED
423 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra no.- 496/2/2, 497/2/2 situated at village Rau (np) Tehsil and District Indore.
Matched LocalityMATCHED
Galaxy
Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SARTHAK CONSTRUCTION
Entity TypeFACT
Partnership Firm / LLP
SARTHAK BUILDERS AND DEVELOPERS9 Total Indexed Projects
COMPLETED0
ONGOING8
EXTENDED1
OVERDUE3
Portfolio Absorption: 28.56% across 872 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹22,000 / sqm
Multi-Story ResidentialMATCHED
₹22,680 / sqm
Commercial OfficeMATCHED
₹37,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Galaxy

7 Peers in LocalityAvg Peer Absorption: 66%
ProjectPromoterStatusUnitsAbsorptionCompletion
SHANTI GREENdevcon-radhikaONGOING94100%2025-08-15
UTKARSH TERRACEbrothers-chordia-contractorsONGOING420%—
GALAXY HOMEapsaraONGOING135168.89%2020-06-01
GALAXY CORRIDORestate-paryav-realCOMPLETED17771.19%2025-02-28
SARTHAK GALAXY 2 PHASE-2estate-sarthakONGOING13243.94%2023-11-26
UTKARSH TERRACEbrothers-chordia-contractorsONGOING4211.9%2025-02-21
GALAXY ENCLAVEl-t-developersONGOING——2026-12-31

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

36 categorized public files

APPROVAL(5)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Building Permission Authority
  • 📄 Approval Town Country Planning
  • 📄 Nazul Clearance Case
OTHER(24)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Development Team Details
  • 📄 Agent Details
  • 📄 Open Parking
  • 📄 Apartment Details
  • 📄 Schedule C3
  • 📄 Schedule C2
  • 📄 Project document
BUILDING_PLAN(2)
  • 📄 Sanction Building Plan
  • 📄 Floor Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

58.33%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryMISSING
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:34:33.971Z
  • Registration number is missing from the RERA source listing.
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SARTHAK GALAXY- III.

View all Indore projects →
ONGOING
📍 2.5 km

SARTHAK SMART CITY

Promoter: SARTHAK CONSTRUCTION

Expected: 2027-07-29Inspect →
ONGOING
📍 2.5 km

SINGAPORE GREEN VIEW GALAXY

Promoter: SARTHAK BUILDERS AND DEVELOPERS

Expected: 2019-04-30Inspect →
EXTENDED
📍 2.5 km

SARTHAK SQUARE

Promoter: SARTHAK CONSTRUCTION

Expected: 2026-06-17Inspect →
ONGOING
📍 2.5 km

SINGAPORE BUSINESS PARK

Promoter: SARTHAK BUILDERS AND DEVELOPERS

Expected: 2022-04-30Inspect →
ONGOING
📍 2.5 km

ANAND GRAND

Promoter: SARTHAK CONSTRUCTION

RERA ActiveInspect →
ONGOING
📍 2.5 km

SIDDHANTA GREEN

Promoter: SARTHAK BUILDERS AND DEVELOPERS

Expected: 2027-07-31Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SARTHAK GALAXY- III

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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