Is VEDA COMMUNE in Indore registered with MP RERA?

Yes, VEDA COMMUNE is an official MP RERA registered project (Registration No: P-IND-23-3857). The project is promoted by SHIV LALJI CONSTRUCTION LLP and is currently marked as ONGOING.

Who is the developer of VEDA COMMUNE?

VEDA COMMUNE is developed by SHIV LALJI CONSTRUCTION LLP, an active real estate promoter in Indore, Madhya Pradesh.

VEDA COMMUNE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for VEDA COMMUNE?

Data Provenance

Registration No

P-IND-23-3857FACT

Project Name

VEDA COMMUNEFACT

Status

ONGOINGFACT

Promoter

SHIV LALJI CONSTRUCTION LLPFACT

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

VEDA COMMUNE

Registration NumberFACT

P-IND-23-3857

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

Majestic Buildwell Private Limited

Estimated Land CostFACT

₹57.17 Lakh

Estimated Construction CostFACT

₹7,635 Lakh

Construction Cost / UnitDERIVED

₹25.71 Lakh

Across 297 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

297Total Units

SOLD UNITSFACT

183 (61.62%)

REMAINING UNITSFACT

114 (38.38%)

ABSORPTION RATEDERIVED

61.62%

Mahanka inventory observation: The statutory registry records 297 registered units, with 183 sold and 114 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
SHOWROOM & OFFICE	Plot	297	183	114	61.62%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-10-10

Proposed CompletionFACT

2025-10-05

Project AgeDERIVED

1418 days

Days OverdueDERIVED

327 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Plot No. 69 and Sector D, Scheme No. 151 & 169 B, at Village Bhawarsala, Teshil Sanwer, District Indore (M.P)

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHIV LALJI CONSTRUCTION LLP

Entity TypeFACT

Partnership Firm / LLP

SHIV LALJI CONSTRUCTION LLP1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 61.62% across 297 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 YearsNO

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

10. Indexed Statutory DocumentsFACT

270 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

OTHER(18)

APPROVAL(5)

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(2)

PHOTOGRAPH(51)

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: 2026-08-15T20:39:58.914Z

Locality is UNMATCHED: no verified spatial or text match in official gazette.
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.

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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 VEDA COMMUNE

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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