Is SHREE VINAYAK GREENS in Indore registered with MP RERA?

Yes, SHREE VINAYAK GREENS is an official MP RERA registered project (Registration No: P-MHW-22-3735). The project is promoted by POORVA ASSOCIATES and is currently marked as ONGOING.

Who is the developer of SHREE VINAYAK GREENS?

SHREE VINAYAK GREENS is developed by POORVA ASSOCIATES, an active real estate promoter in Indore, Madhya Pradesh.

SHREE VINAYAK GREENS | MP RERA Project Intelligence & Guideline Benchmark

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

Data Provenance

Registration No

P-MHW-22-3735FACT

Project Name

SHREE VINAYAK GREENSFACT

Status

ONGOINGFACT

Promoter

POORVA ASSOCIATESFACT

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 VINAYAK GREENS

Registration NumberFACT

P-MHW-22-3735

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

Dr. Ambedkar Nagar (Mhow)

Land OwnershipFACT

Poorva Associates

Estimated Land CostFACT

₹523.08 Lakh

Estimated Construction CostFACT

₹521.14 Lakh

Construction Cost / UnitDERIVED

₹1.51 Lakh

Across 344 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

344Total Units

SOLD UNITSFACT

217 (63.08%)

REMAINING UNITSFACT

127 (36.92%)

ABSORPTION RATEDERIVED

63.08%

Mahanka inventory observation: The statutory registry records 344 registered units, with 217 sold and 127 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential	Plot	127	109	18	85.83%
Residential-2	Plot	86	43	43	50%
Residential-3	Plot	55	28	27	50.91%
Residential-4	Plot	28	12	16	42.86%
Residential-5	Plot	4	0	4	0%
Residential cum commercial	Plot	12	0	12	0%
EWS	Plot	18	14	4	77.78%
LIG	Plot	14	11	3	78.57%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-06-01

Proposed CompletionFACT

2025-08-23

Project AgeDERIVED

1549 days

Days OverdueDERIVED

370 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey no. 47/1, 47/3, 47/4, 48/1, 48/2, 49/2, 44/1 at village Borkhedi, Tehsil Mhow & District Indore

Matched LocalityMATCHED

Borkhedi

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'borkhedi' equals locality 'Borkhedi'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

POORVA ASSOCIATES

Entity TypeFACT

Partnership Firm / LLP

POORVA ASSOCIATES2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE1

Portfolio Absorption: 63.08% across 344 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹1,500 / sqm

Multi-Story ResidentialMATCHED

₹0 / sqm

Commercial OfficeMATCHED

₹11,600 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Borkhedi

13 Peers in LocalityAvg Peer Absorption: 39%

Project	Promoter	Status	Units	Absorption	Completion
ANANDPURAM COLONY	gv	ONGOING	171	0%	2023-12-08
GREEN AASHIYANA RESIDENCY	aashiyana-shagun	ONGOING	218	0%	—
DREAM TOWN	aashiyana-shagun	ONGOING	279	0%	—
DHAROHAR RESIDENCY	aashiyana-shagun	ONGOING	181	23.2%	2022-06-30
BALAJI RESIDENCY	balaji	COMPLETED	178	79.21%	2023-10-01
SHREE BALAJI VIHAR	shree	ONGOING	302	63.91%	2023-08-31
RAMESHWAR DHAM	nathji-shree	ONGOING	208	57.21%	2025-04-26
SHREE BALAJI VIHAR-2	shree	ONGOING	51	94.12%	2025-04-29

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 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

130 categorized public files

OTHER(35)

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(36)

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: 2026-08-15T20:39:40.070Z

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 SHREE VINAYAK GREENS.

View all Indore projects →

ONGOING

📍 2.5 km

SHREE VINAYAK GREENS EXTENSION B AND C

Promoter: POORVA ASSOCIATES

Expected: 2028-09-03Inspect →

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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SHREE VINAYAK GREENS

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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