MAHANKA/Indore/RERA/SKYE PRIVILON

SKYE PRIVILONONGOING

★Are you the official developer or sales mandate for SKYE PRIVILON?
Data Provenance
Registration No
P-OTH-23-3868FACT
Project Name
SKYE PRIVILONFACT
Status
ONGOINGFACT
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 PRIVILON
Registration NumberFACT
P-OTH-23-3868
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
Other
Land OwnershipFACT
Shri Kundanlal Satwani, Smt. Reenadevi Satwani, Shri Kapil Kumar Satwani, Shri Gautam Jain,Shri Rohit Jain, Shri Anil Tated, Shri Sunil Tated, Smt. Sarita Goyal, Shri Jayen Thavar
Estimated Land CostFACT
₹799.5 Lakh
Estimated Construction CostFACT
₹3,000 Lakh
Construction Cost / UnitDERIVED
₹25 Lakh
Across 120 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

120Total Units
SOLD UNITSFACT
120 (100%)
REMAINING UNITSFACT
0 (0%)
ABSORPTION RATEDERIVED
100%

Mahanka inventory observation: The statutory registry records 120 registered units, with 120 sold and 0 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Non-ResidentialApartment1201200100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2020-08-01
Proposed CompletionFACT
2024-03-25
Project AgeDERIVED
2219 days
Days OverdueDERIVED
887 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
38/1, 38/2p, 38/2p, 38/3p, 38/3p, 38/4, 38/5 and 38/6 village nipaniya, tehsil indore, Indore.
Matched LocalityMATCHED
Nipaniya
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'nipaniya' equals locality 'Nipaniya'

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
₹30,000 / sqm
Multi-Story ResidentialMATCHED
₹35,000 / sqm
Commercial OfficeMATCHED
₹60,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Nipaniya

12 Peers in LocalityAvg Peer Absorption: 43%
ProjectPromoterStatusUnitsAbsorptionCompletion
A-NSC FORTUNE CITYnscCOMPLETED12727.56%2023-12-30
LA EXOTICAexcellent-infrabuildCOMPLETED5736.84%2024-08-20
BCM IMPERIAL TOWERrealbuild-shanti-shubhONGOING———
DIVINE GREENS BLOCK Acreation-varunCOMPLETED8276.83%2019-11-12
THE SAPPHIREassociatesONGOING14071.43%2022-06-30
SANSKRUTI ENCLAVEestate-pushpaCOMPLETED20742.51%2024-04-30
SANSKRUTI ENCLAVE EXTENSIONestate-pushpaCOMPLETED6944.93%2025-03-16
BCM ZODIAC - BY VELOURS NIRMAN PRIVATE LIMITEDnirman-veloursONGOING28625.17%2023-07-29

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 YearsYES

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

10. Indexed Statutory DocumentsFACT

199 categorized public files

OTHER(21)
  • 📄 Stilt Base Parking
  • 📄 Schedule E
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Development Team Details
  • 📄 Open Parking
  • 📄 Schedule C3
  • 📄 Schedule C2
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
FINANCIAL(1)
  • 📄 Engineer's Certificate
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Building Permission Authority
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(2)
  • 📄 Sanction Building Plan
  • 📄 Floor Plan
PHOTOGRAPH(47)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024

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: 2026-08-15T20:40:01.529Z
  • 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 PRIVILON.

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 →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
Apr 2025 - Jun 2025
Fresh source capture14 days since source capture
Open source ↗
Completion certificate
No certificate found in indexed source
Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

✓RERA registration numberFoundP-OTH-23-3868
✓Promoter identityFoundSKYE EARTH DEVELOPERS PRIVATE LIMITED
✓Proposed completion dateFound2024-03-25
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2025 - Jun 2025 · 14 days since source capture
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
20
Completed
4
Extensions / delays
0
Cities represented
1
SKYE HYDE PARK - 2ONGOINGSKYE MR-11ONGOINGSKYE FLORENCEONGOINGSKYE CITY AHONGOINGSKYE HYDE PARK - 1ONGOINGSKYE CITYONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying
Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955
Email: secretaryrera@mp.gov.in
Portal: Official website ↗
Last verified: 29 Aug 2026Published MP RERA record ↗
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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 SKYE PRIVILON

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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