Is SIGNATURE RATNA in Indore registered with MP RERA?

Yes, SIGNATURE RATNA is an official MP RERA registered project (Registration No: P-IND-22-3787). The project is promoted by S.G. CORPORATION and is currently marked as ONGOING.

Who is the developer of SIGNATURE RATNA?

SIGNATURE RATNA is developed by S.G. CORPORATION, an active real estate promoter in Indore, Madhya Pradesh.

SIGNATURE RATNA | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SIGNATURE RATNA?

Data Provenance

Registration No

P-IND-22-3787FACT

Project Name

SIGNATURE RATNAFACT

Status

ONGOINGFACT

Promoter

S.G. CORPORATIONFACT

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

SIGNATURE RATNA

Registration NumberFACT

P-IND-22-3787

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

Project Land owned by Mr. Ajay, Sanjay & Sunil Makwana (Mahajan). Promoter firm M/s. S.G. CORPORATION entered into Development Agreement with all 3 landowners.

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹325 Lakh

Construction Cost / UnitDERIVED

₹2.41 Lakh

Across 135 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

135Total Units

SOLD UNITSFACT

65 (48.15%)

REMAINING UNITSFACT

70 (51.85%)

ABSORPTION RATEDERIVED

48.15%

Mahanka inventory observation: The statutory registry records 135 registered units, with 65 sold and 70 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Residential Plots	Plot	112	47	65	41.96%
Shop Cum Residential Plots	Plot	5	0	5	0%
EWS Plots	Plot	11	11	0	100%
LIG PLOTS	Plot	7	7	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-08-01

Proposed CompletionFACT

2025-07-31

Project AgeDERIVED

1488 days

Days OverdueDERIVED

393 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Khasra no. 178/3/1, 178/3/1/2 and 178/3/1/3/1 at Village Hatod, Tehsil Hatoad, Distict Indore MP

Matched LocalityMATCHED

Signature Ratna

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Signature Ratna' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

S.G. CORPORATION

Entity TypeFACT

Partnership Firm / LLP

S.G. CORPORATION1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 48.15% across 135 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹15,000 / sqm

Multi-Story ResidentialMATCHED

₹23,000 / sqm

Commercial OfficeMATCHED

₹38,100 / sqm

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

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

167 categorized public files

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(21)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(50)

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: 2026-08-15T20:39:48.230Z

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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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 SIGNATURE RATNA

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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