Is VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL) in Indore registered with MP RERA?

Yes, VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL) is an official MP RERA registered project (Registration No: P-IND-17-712). The project is promoted by MAHAKETU PROMOTERS AND DEVELOPERS PVT. LTD. and is currently marked as COMPLETED.

Who is the developer of VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL)?

VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL) is developed by MAHAKETU PROMOTERS AND DEVELOPERS PVT. LTD., an active real estate promoter in Indore, Madhya Pradesh.

VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL) | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL)?

Data Provenance

Registration No

P-IND-17-712FACT

Project Name

VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL)FACT

Status

COMPLETEDFACT

Promoter

MAHAKETU PROMOTERS AND DEVELOPERS PVT. LTD.FACT

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

VISTARA TOWNSHIP INDORE, MAYAKHEDI PHASE-II (RESIDENTIAL)

Registration NumberFACT

P-IND-17-712

Project StatusFACT

COMPLETED

Project Type (Portal)FACT

Ongoing

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

SELF OWNED

Estimated Land CostFACT

₹295.39 Lakh

Estimated Construction CostFACT

₹327.93 Lakh

Construction Cost / UnitDERIVED

₹2.8 Lakh

Across 117 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

117Total Units

SOLD UNITSFACT

85 (72.65%)

REMAINING UNITSFACT

32 (27.35%)

ABSORPTION RATEDERIVED

72.65%

Mahanka inventory observation: The statutory registry records 117 registered units, with 85 sold and 32 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
General Plots	Plot	99	85	14	85.86%
EWS Plots	Plot	15	0	15	0%
Commercial Plot	Plot	1	0	1	0%
Health Centre Plot	Plot	1	0	1	0%
Hotel Plot	Plot	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2016-12-12

Proposed CompletionFACT

2019-06-10

Project AgeDERIVED

3546 days

Days to CompletionDERIVED

—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

VISTARA TOWNSHIP, VILLAGE MAYAKHEDI, A.B. BYPASS ROAD, INDORE

Matched LocalityMATCHED

Mayakhedi

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'mayakhedi' equals locality 'Mayakhedi'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

MAHAKETU PROMOTERS AND DEVELOPERS PVT. LTD.

Entity TypeFACT

Company

MAHAKETU PROMOTERS AND DEVELOPERS PVT. LTD.3 Total Indexed Projects

COMPLETED1

ONGOING2

EXTENDED0

OVERDUE1

Portfolio Absorption: 72.65% across 117 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹22,000 / sqm

Multi-Story ResidentialMATCHED

₹27,500 / sqm

Commercial OfficeMATCHED

₹45,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Mayakhedi

7 Peers in LocalityAvg Peer Absorption: 89%

Project	Promoter	Status	Units	Absorption	Completion
GOYAL GANGA	buildcon-goyal	ONGOING	—	—	—
EARTH GREENS PHASE-2	earth-infrabuild	ONGOING	—	—	—
OMAXE GARDEN HOMES	omaxe	ONGOING	167	89.22%	2024-09-30
EXOTICA WOODS	excellent-infrabuild	ONGOING	—	—	2027-02-01
EXOTICA ELITE	excellent-infrabuild	ONGOING	—	—	2027-06-01
VISTARA PHASE-5 MAYAKHEDI	mahaketu-promoters-pvt	ONGOING	—	—	2028-01-25
VISTARA TOWNSHIP CONVENIENT SHOPS MAYAKHEDI PH-1	mahaketu-promoters-pvt	ONGOING	—	—	2026-06-30

9. Observable Risk & Delay SignalsINFERRED

Independent regulatory observations (not a composite score)

Proposed Completion Date PassedNO

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

53 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(20)

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(24)

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: 2026-08-15T20:36:01.610Z

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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