Is SARTHAK GREENS in Indore registered with MP RERA?

Yes, SARTHAK GREENS is an official MP RERA registered project (Registration No: P-IND-21-3003). The project is promoted by SARTHAK ESTATE DEVELOPERS and is currently marked as ONGOING.

Who is the developer of SARTHAK GREENS?

SARTHAK GREENS is developed by SARTHAK ESTATE DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

SARTHAK GREENS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SARTHAK GREENS?

Data Provenance

Registration No

P-IND-21-3003FACT

Project Name

SARTHAK GREENSFACT

Status

ONGOINGFACT

Promoter

SARTHAK ESTATE 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

SARTHAK GREENS

Registration NumberFACT

P-IND-21-3003

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

M/s Sonwaya Developers

Estimated Land CostFACT

₹540.57 Lakh

Estimated Construction CostFACT

₹225 Lakh

Construction Cost / UnitDERIVED

₹0.85 Lakh

Across 266 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

266Total Units

SOLD UNITSFACT

114 (42.86%)

REMAINING UNITSFACT

152 (57.14%)

ABSORPTION RATEDERIVED

42.86%

Mahanka inventory observation: The statutory registry records 266 registered units, with 114 sold and 152 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Plots	Plot	244	93	151	38.11%
EWS Plots	Plot	13	12	1	92.31%
LIG Plots	Plot	9	9	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-08-01

Proposed CompletionFACT

2022-09-28

Project AgeDERIVED

2218 days

Days OverdueDERIVED

1430 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. – 35, 36/1/2 Village - Sonwaya ,Tehsil - Mhow , District Indore (M.P)

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SARTHAK ESTATE DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

SARTHAK ESTATE DEVELOPERS6 Total Indexed Projects

COMPLETED2

ONGOING4

EXTENDED0

OVERDUE4

Portfolio Absorption: 49.02% across 563 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

138 categorized public files

APPROVAL(4)

OTHER(27)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(44)

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: 2026-08-15T20:38:32.217Z

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.

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