MAHANKA/Indore/RERA/VICTORIA MILAN

VICTORIA MILANONGOINGVerified Developer

Verified Developer ListingOfficial Desk: QA Tier Verification Test Developers

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Starting From
INR 50 Lakh - 90 Lakh
VICTORIA MILAN
🏗️ Under Construction

Project Specification

Total Units ConfiguredVerified on inquiry
District / Micro-marketIndore
Promoter / BrandQA Tier Verification Test Developers
QA test listing used to verify lead_gen cross-sell labeling in Similar Projects.
🏛️Developer Capital & Risk Management Services
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Construction & Bridge Debt10.5%–13% ROI

Project construction loans & land-backed bridge facilities underwritten via top-tier institutional funds.

Contractors All Risk (CAR)Site Risk Cover

Statutory civil works, structural collapse, third-party liability, and monsoon deluge indemnification.

Workmen & Labor LiabilityStatutory Policy

Mandatory labor force accident, hospitalization & occupational safety cover under Employees Compensation Act.

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Data Provenance
Registration No
P-IND-19-2456FACT
Project Name
VICTORIA MILANFACT
Status
ONGOINGFACT
Promoter
AHUJA CONSTRUCTION COMPANYFACT
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
VICTORIA MILAN
Registration NumberFACT
P-IND-19-2456
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
Ahuja Construction Company, Payal modi, Pooja MODI
Estimated Land CostFACT
₹171.32 Lakh
Estimated Construction CostFACT
₹317 Lakh
Construction Cost / UnitDERIVED
₹1.81 Lakh
Across 175 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

175Total Units
SOLD UNITSFACT
79 (45.14%)
REMAINING UNITSFACT
96 (54.86%)
ABSORPTION RATEDERIVED
45.14%

Mahanka inventory observation: The statutory registry records 175 registered units, with 79 sold and 96 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Residential PlotsPlot156787850%
EWS PlotsPlot100100%
LIG PlotsPlot81712.5%
Commercial PlotsCommercial property1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2019-10-01
Proposed CompletionFACT
2022-09-30
Project AgeDERIVED
2523 days
Days OverdueDERIVED
1428 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
village-pigdambar tehsil & dist. - indore
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
AHUJA CONSTRUCTION COMPANY
Entity TypeFACT
Partnership Firm / LLP
AHUJA CONSTRUCTION COMPANY3 Total Indexed Projects
COMPLETED0
ONGOING3
EXTENDED0
OVERDUE3
Portfolio Absorption: 42.4% across 250 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

134 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
APPROVAL(4)
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(19)
  • 📄 Development Work Plan
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule E
  • 📄 Schedule C
  • 📄 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
PHOTOGRAPH(52)
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Jan 2022 - Mar 2022
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Oct 2021 - Dec 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jan 2021 - Mar 2021
  • 📄 Jul 2021 - Sep 2021

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: 2026-08-15T20:37:37.598Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as VICTORIA MILAN.

View all Indore projects →
ONGOING
📍 2.5 km

VICTORIA MILAN EXTENSION - 1

Promoter: AHUJA CONSTRUCTION COMPANY

Expected: 2026-07-10Inspect →
ONGOING
📍 2.5 km

VICTORIA MILAN EXTENSION

Promoter: AHUJA CONSTRUCTION COMPANY

Expected: 2024-06-27Inspect →
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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 VICTORIA MILAN

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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