Is SHIVASHRI DHAM II in Indore registered with MP RERA?

Yes, SHIVASHRI DHAM II is an official MP RERA registered project (Registration No: P-IND-23-4019). The project is promoted by SHRI GANESH REALMART PRIVATE LIMITED and is currently marked as COMPLETED.

Who is the developer of SHIVASHRI DHAM II?

SHIVASHRI DHAM II is developed by SHRI GANESH REALMART PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

SHIVASHRI DHAM II | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHIVASHRI DHAM II?

Data Provenance

Registration No

P-IND-23-4019FACT

Project Name

SHIVASHRI DHAM IIFACT

Status

COMPLETEDFACT

Promoter

SHRI GANESH REALMART 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

SHIVASHRI DHAM II

Registration NumberFACT

P-IND-23-4019

Project StatusFACT

COMPLETED

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

SHRI GANESH REALMART PRIVATE LIMITED

Estimated Land CostFACT

₹578.52 Lakh

Estimated Construction CostFACT

₹226 Lakh

Construction Cost / UnitDERIVED

₹1.52 Lakh

Across 149 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

149Total Units

SOLD UNITSFACT

72 (48.32%)

REMAINING UNITSFACT

77 (51.68%)

ABSORPTION RATEDERIVED

48.32%

Mahanka inventory observation: The statutory registry records 149 registered units, with 72 sold and 77 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
residential	Plot	149	72	77	48.32%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2023-03-15

Proposed CompletionFACT

2027-03-15

Project AgeDERIVED

1262 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 Number 407/1 Village Kanadia (og) tehsil Kanadiya, District Indore.

Matched LocalityMATCHED

Shivashri Dham

Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHRI GANESH REALMART PRIVATE LIMITED

Entity TypeFACT

Company

SHRI GANESH REALMART PRIVATE LIMITED2 Total Indexed Projects

COMPLETED2

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 53.28% across 488 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹18,000 / sqm

Multi-Story ResidentialMATCHED

₹15,000 / sqm

Commercial OfficeMATCHED

₹39,200 / sqm

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

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

92 categorized public files

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(43)

REGISTRATION(2)

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(28)

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: 2026-08-15T20:44:11.355Z

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 SHIVASHRI DHAM II.

View all Indore projects →

COMPLETED

📍 2.5 km

SHIVASHRI DHAM

Promoter: SHRI GANESH REALMART PRIVATE LIMITED

Expected: 2022-04-30Inspect →

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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.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SHIVASHRI DHAM II

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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