MAHANKA/Indore/RERA/TIARA RESIDENCE - TOWER A

TIARA RESIDENCE - TOWER AONGOING

★Are you the official developer or sales mandate for TIARA RESIDENCE - TOWER A?
Data Provenance
Registration No
P-IND-19-2078FACT
Project Name
TIARA RESIDENCE - TOWER AFACT
Status
ONGOINGFACT
Promoter
ANANDAM ESTATESFACT
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
TIARA RESIDENCE - TOWER A
Registration NumberFACT
P-IND-19-2078
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
i. Shri Pawan Sharma S/o Late Shri Laxman Swaroop Sharma ii. Ku. Ritu Sharma D/o Late Shri Laxman Swaroop Sharma, iii. Ku. Varsha Sharma D/o Late Shri Laxman Swaroop Sharma iv. M/s ANANDAM ESTATES
Estimated Land CostFACT
₹57.52 Lakh
Estimated Construction CostFACT
₹882.65 Lakh
Construction Cost / UnitDERIVED
₹27.58 Lakh
Across 32 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

32Total Units
SOLD UNITSFACT
15 (46.88%)
REMAINING UNITSFACT
17 (53.12%)
ABSORPTION RATEDERIVED
46.88%

Mahanka inventory observation: The statutory registry records 32 registered units, with 15 sold and 17 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
4 BHKApartment1610662.5%
3 BHKApartment1651131.25%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2018-10-01
Proposed CompletionFACT
2021-09-30
Project AgeDERIVED
2888 days
Days OverdueDERIVED
1793 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Near Mayank Water Park, Bicholi Hapsi, Indore
Matched LocalityMATCHED
Tiara Residence
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
ANANDAM ESTATES
Entity TypeFACT
Partnership Firm / LLP
ANANDAM ESTATES3 Total Indexed Projects
COMPLETED2
ONGOING1
EXTENDED0
OVERDUE1
Portfolio Absorption: 40.46% across 131 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

136 categorized public files

APPROVAL(3)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(28)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Brochure
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
PHOTOGRAPH(44)
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Jan 2020 - Mar 2020
  • 📄 Jan 2020 - Mar 2020

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: 2026-08-15T20:43:50.776Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as TIARA RESIDENCE - TOWER A.

View all Indore projects →
COMPLETED
📍 2.5 km

TIARA RESIDENCE TOWER B

Promoter: ANANDAM ESTATES

Expected: 2022-01-31Inspect →
COMPLETED
📍 2.5 km

RCM PRIME

Promoter: ANANDAM ESTATES

Expected: 2023-06-30Inspect →
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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 TIARA RESIDENCE - TOWER A

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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