MAHANKA/Indore/RERA/SKYE GARDENS

SKYE GARDENSCOMPLETED

★Are you the official developer or sales mandate for SKYE GARDENS?
Data Provenance
Registration No
P-OTH-23-3966FACT
Project Name
SKYE GARDENSFACT
Status
COMPLETEDFACT
Promoter
SKYE EARTH DEVELOPERS 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
SKYE GARDENS
Registration NumberFACT
P-OTH-23-3966
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
Other
Land OwnershipFACT
M AND I TRADERS PRIVATE LIMITED
Estimated Land CostFACT
₹130.66 Lakh
Estimated Construction CostFACT
₹208.27 Lakh
Construction Cost / UnitDERIVED
₹9.06 Lakh
Across 23 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

23Total Units
SOLD UNITSFACT
17 (73.91%)
REMAINING UNITSFACT
6 (26.09%)
ABSORPTION RATEDERIVED
73.91%

Mahanka inventory observation: The statutory registry records 23 registered units, with 17 sold and 6 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Residential PlotsPlot2217577.27%
Commercial Plots 1Plot1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2022-10-01
Proposed CompletionFACT
2026-10-01
Project AgeDERIVED
1427 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 no. 5/1/2/1, 6/2/2, 6/3, 8/3 maya khedi, tehsil kanadiya, district Indore M.P.
Matched LocalityMATCHED
Skye Gardens
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Skye Gardens' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
SKYE EARTH DEVELOPERS PRIVATE LIMITED
Entity TypeFACT
Company
SKYE EARTH DEVELOPERS PRIVATE LIMITED20 Total Indexed Projects
COMPLETED4
ONGOING16
EXTENDED0
OVERDUE3
Portfolio Absorption: 64.85% across 2,188 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹20,000 / sqm
Multi-Story ResidentialMATCHED
₹25,000 / sqm
Commercial OfficeMATCHED
₹43,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Skye Gardens (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

112 categorized public files

OTHER(34)
  • 📄 Schedule C1
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Development Team Details
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(37)
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Jul 2023 - Sep 2023

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: 2026-08-15T20:40:06.594Z
  • 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 SKYE GARDENS.

View all Indore projects →
ONGOING
📍 2.5 km

SKYE HYDE PARK - 2

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SKYE MR-11

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2026-12-31Inspect →
ONGOING
📍 2.5 km

SKYE FLORENCE

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

RERA ActiveInspect →
ONGOING
📍 2.5 km

SKYE CITY AH

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2026-12-06Inspect →
ONGOING
📍 2.5 km

SKYE HYDE PARK - 1

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2028-02-10Inspect →
ONGOING
📍 2.5 km

SKYE CITY

Promoter: SKYE EARTH DEVELOPERS PRIVATE LIMITED

Expected: 2025-03-23Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SKYE GARDENS

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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