Is VAISHNAV DHAM in Indore registered with MP RERA?

Yes, VAISHNAV DHAM is an official MP RERA registered project (Registration No: P-MHW-19-2230). The project is promoted by BENNY SAXENA and is currently marked as ONGOING.

Who is the developer of VAISHNAV DHAM?

VAISHNAV DHAM is developed by BENNY SAXENA, an active real estate promoter in Indore, Madhya Pradesh.

VAISHNAV DHAM | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for VAISHNAV DHAM?

Data Provenance

Registration No

P-MHW-19-2230FACT

Project Name

VAISHNAV DHAMFACT

Status

ONGOINGFACT

Promoter

BENNY SAXENAFACT

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

VAISHNAV DHAM

Registration NumberFACT

P-MHW-19-2230

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

Dr. Ambedkar Nagar (Mhow)

Land OwnershipFACT

Self

Estimated Land CostFACT

₹1.09 Lakh

Estimated Construction CostFACT

₹147.99 Lakh

Construction Cost / UnitDERIVED

₹3.7 Lakh

Across 40 registered units

Postal PincodeFACT

453441

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

40Total Units

SOLD UNITSFACT

9 (22.5%)

REMAINING UNITSFACT

31 (77.5%)

ABSORPTION RATEDERIVED

22.5%

Mahanka inventory observation: The statutory registry records 40 registered units, with 9 sold and 31 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
EWS, LIG	Apartment	17	0	17	0%
Dueling Unit	Other	23	9	14	39.13%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2019-01-01

Proposed CompletionFACT

2020-12-31

Project AgeDERIVED

2796 days

Days OverdueDERIVED

2066 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

SR. No. 64/7 & 65/02, Gram Santer Tehsil Mhow, M.P. 453441

Matched LocalityMATCHED

Santer

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'santer' equals locality 'Santer'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

BENNY SAXENA

Entity TypeFACT

Individual

BENNY SAXENA1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 22.5% across 40 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹3,200 / sqm

Multi-Story ResidentialMATCHED

₹0 / sqm

Commercial OfficeMATCHED

₹15,000 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Santer

4 Peers in LocalityAvg Peer Absorption: 9%

Project	Promoter	Status	Units	Absorption	Completion
TULSI ENCLAVE	bhabhar-ramkaran	ONGOING	60	0%	—
SHRI UTTAM RESIDENCY	agrawal-padmawati	ONGOING	128	17.19%	2018-12-31
SHANTI VIHAR	hanuman-jain-prasad	EXTENDED	—	—	2026-07-18
SINGAPORE PINK CITY	estate-real-siddhi-vinayak	ONGOING	—	—	2028-03-31

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 ProjectFLAGGED

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

116 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

APPROVAL(3)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(34)

PHOTOGRAPH(38)

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building 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: 2026-08-15T20:37:17.295Z

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 VAISHNAV DHAM

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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