Is SARTHAK SQUARE in Indore registered with MP RERA?

Yes, SARTHAK SQUARE is an official MP RERA registered project (Registration No: P-OTH-24-4565). The project is promoted by SARTHAK CONSTRUCTION and is currently marked as EXTENDED.

Who is the developer of SARTHAK SQUARE?

SARTHAK SQUARE is developed by SARTHAK CONSTRUCTION, an active real estate promoter in Indore, Madhya Pradesh.

SARTHAK SQUARE | MP RERA Project Intelligence & Guideline Benchmark

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

Data Provenance

Registration No

P-OTH-24-4565FACT

Project Name

SARTHAK SQUAREFACT

Status

EXTENDEDFACT

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 SQUARE

Registration NumberFACT

P-OTH-24-4565

Project StatusFACT

EXTENDED

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

Self

Estimated Land CostFACT

₹210.13 Lakh

Estimated Construction CostFACT

₹2,348.06 Lakh

Construction Cost / UnitDERIVED

₹10.92 Lakh

Across 215 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

215Total Units

SOLD UNITSFACT

63 (29.3%)

REMAINING UNITSFACT

152 (70.7%)

ABSORPTION RATEDERIVED

29.3%

Mahanka inventory observation: The statutory registry records 215 registered units, with 63 sold and 152 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Shops/Offices	Commercial property	215	63	152	29.3%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

EXTENDED

Proposed StartFACT

2023-10-01

Proposed CompletionFACT

2026-06-17

Project AgeDERIVED

1062 days

Days OverdueDERIVED

72 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. 363/4, 363/5 Village Chota Bangarda, Teh. & Dis. Indore

Matched LocalityMATCHED

Sarthak Square

Tier: PROBABLE (0% conf.)

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

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 PassedNO

Formally Extended by AuthorityYES

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

204 categorized public files

APPROVAL(6)

OTHER(55)

REGISTRATION(1)

📄 Affidavit

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(14)

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: 2026-08-15T20:41:20.175Z

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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