MAHANKA/Indore/RERA/SHIV VATIKA CHOICE APARTMENT

SHIV VATIKA CHOICE APARTMENTONGOING

★Are you the official developer or sales mandate for SHIV VATIKA CHOICE APARTMENT?
Data Provenance
Registration No
P-IND-20-2754FACT
Project Name
SHIV VATIKA CHOICE APARTMENTFACT
Status
ONGOINGFACT
Promoter
SHIV VATIKA REAL ESTATE 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
SHIV VATIKA CHOICE APARTMENT
Registration NumberFACT
P-IND-20-2754
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 owned
Estimated Land CostFACT
₹34.52 Lakh
Estimated Construction CostFACT
₹195 Lakh
Construction Cost / UnitDERIVED
₹3.75 Lakh
Across 52 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

52Total Units
SOLD UNITSFACT
51 (98.08%)
REMAINING UNITSFACT
1 (1.92%)
ABSORPTION RATEDERIVED
98.08%

Mahanka inventory observation: The statutory registry records 52 registered units, with 51 sold and 1 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
27.46Apartment1312192.31%
30.19Apartment39390100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2019-10-01
Proposed CompletionFACT
2022-09-30
Project AgeDERIVED
2525 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
310/3/6 Min-1, 310/1,311- Lasudiya Mori, Shiv Vatika , Indore
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SHIV VATIKA REAL ESTATE PRIVATE LIMITED
Entity TypeFACT
Company
SHIV VATIKA REAL ESTATE PRIVATE LIMITED2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 73.33% across 150 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

458 categorized public files

OTHER(13)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Schedule C
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Building Permission Authority
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(1)
  • 📄 Affidavit
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
PHOTOGRAPH(57)
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024

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: 2026-08-15T20:43:25.126Z
  • 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 SHIV VATIKA CHOICE APARTMENT.

View all Indore projects →
ONGOING
📍 2.5 km

OASIS

Promoter: SHIV VATIKA REAL ESTATE

Expected: 2020-03-31Inspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
Apr 2024 - Jun 2024
Fresh source capture14 days since source capture
Open source ↗
Completion certificate
No certificate found in indexed source
Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

✓RERA registration numberFoundP-IND-20-2754
✓Promoter identityFoundSHIV VATIKA REAL ESTATE PRIVATE LIMITED
✓Proposed completion dateFound2022-09-30
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2024 - Jun 2024 · 14 days since source capture
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
2
Completed
0
Extensions / delays
0
Cities represented
1
OASISONGOINGSHIV VATIKA CHOICE APARTMENTONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying
Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955
Email: secretaryrera@mp.gov.in
Portal: Official website ↗
Last verified: 29 Aug 2026Published MP RERA record ↗
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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.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SHIV VATIKA CHOICE APARTMENT

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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