Is TUSHAR AVENUE in Indore registered with MP RERA?

Yes, TUSHAR AVENUE is an official MP RERA registered project (Registration No: P-IND-22-3356). The project is promoted by SUNDERAM BUILDERS AND DEVELOPERS and is currently marked as ONGOING.

Who is the developer of TUSHAR AVENUE?

TUSHAR AVENUE is developed by SUNDERAM BUILDERS AND DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

TUSHAR AVENUE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for TUSHAR AVENUE?

Data Provenance

Registration No

P-IND-22-3356FACT

Project Name

TUSHAR AVENUEFACT

Status

ONGOINGFACT

Promoter

SUNDERAM BUILDERS AND DEVELOPERSFACT

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

TUSHAR AVENUE

Registration NumberFACT

P-IND-22-3356

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

1) Ulka W/o Late Tushar Kumar, 2) Kunal S/o Late. Tushar Kumar, 3) Vishal S/o Late. Tushar Kumar, 4) Kratika D/o Late. Tushar Kumar,

Estimated Land CostFACT

₹9.03 Lakh

Estimated Construction CostFACT

₹100.79 Lakh

Construction Cost / UnitDERIVED

₹0.52 Lakh

Across 195 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

195Total Units

SOLD UNITSFACT

99 (50.77%)

REMAINING UNITSFACT

96 (49.23%)

ABSORPTION RATEDERIVED

50.77%

Mahanka inventory observation: The statutory registry records 195 registered units, with 99 sold and 96 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential Plot Gen	Plot	169	99	70	58.58%
Residential Plot EWS	Plot	16	0	16	0%
Residential Plot LIG	Plot	10	0	10	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-03-01

Proposed CompletionFACT

2024-01-31

Project AgeDERIVED

2006 days

Days OverdueDERIVED

940 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Kh. No. 34 At Village Bhangad Tehsil Indore & Dist. Indore M.P.

Matched LocalityMATCHED

Tushar Avenue

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Tushar Avenue' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SUNDERAM BUILDERS AND DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

SUNDERAM BUILDERS AND DEVELOPERS1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 50.77% across 195 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹32,500 / sqm

Multi-Story ResidentialMATCHED

₹31,200 / sqm

Commercial OfficeMATCHED

₹54,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Tushar Avenue (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 YearsYES

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

10. Indexed Statutory DocumentsFACT

213 categorized public files

REGISTRATION(2)

OTHER(71)

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

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: 2026-08-15T20:38:59.505Z

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 TUSHAR AVENUE

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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