Is SHREE NIKETAN in Indore registered with MP RERA?

Yes, SHREE NIKETAN is an official MP RERA registered project (Registration No: P-SWR-18-1546). The project is promoted by SHREE DEVELOPERS and is currently marked as ONGOING.

Who is the developer of SHREE NIKETAN?

SHREE NIKETAN is developed by SHREE DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

SHREE NIKETAN | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHREE NIKETAN?

Data Provenance

Registration No

P-SWR-18-1546FACT

Project Name

SHREE NIKETANFACT

Status

ONGOINGFACT

Promoter

SHREE 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

SHREE NIKETAN

Registration NumberFACT

P-SWR-18-1546

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

Sanwer

Land OwnershipFACT

shree developers

Estimated Land CostFACT

₹1,305.7 Lakh

Estimated Construction CostFACT

₹1,165 Lakh

Construction Cost / UnitDERIVED

₹1.85 Lakh

Across 629 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

629Total Units

SOLD UNITSFACT

452 (71.86%)

REMAINING UNITSFACT

177 (28.14%)

ABSORPTION RATEDERIVED

71.86%

Mahanka inventory observation: The statutory registry records 629 registered units, with 452 sold and 177 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
610	Plot	31	3	28	9.68%
675	Plot	20	6	14	30%
364	Plot	26	10	16	38.46%
780	Plot	10	10	0	100%
965	Plot	6	6	0	100%
1160	Plot	21	19	2	90.48%
930	Plot	147	75	72	51.02%
1000	Plot	24	24	0	100%
750	Plot	48	19	29	39.58%
800	Plot	151	151	0	100%
900	Plot	19	19	0	100%
600	Plot	99	90	9	90.91%
499	Plot	27	20	7	74.07%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2017-12-25

Proposed CompletionFACT

2020-12-25

Project AgeDERIVED

3168 days

Days OverdueDERIVED

2072 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. 127/1, 135, 150/1, 151/1, 154/1, 155/1/2, 53/1, 133, 134/1, 134/2, 137, 152/1, 152/2, 156, 157, 158, 138/1, 127/2, 136, 150/2, 151/2, 154/2, 155/2/1, 155/1/1, Village Ringnodia

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHREE DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

SHREE INFRASTRUCTURE DEVELOPERS9 Total Indexed Projects

COMPLETED2

ONGOING7

EXTENDED0

OVERDUE7

Portfolio Absorption: 58.68% across 2,205 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

263 categorized public files

APPROVAL(3)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(7)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(66)

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: 2026-08-15T20:36:29.421Z

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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