What is the RERA registration number for MAHAM RESIDENCY?

MAHAM RESIDENCY is registered under RERA with official registration number MP-GOV-IND-VUVEMWlPNW under MP RERA Official Portal (rera.mp.gov.in).

What is the official declared completion date for MAHAM RESIDENCY?

The declared completion target date on record is 31-12-2020. Current construction status: Work Going On (54% complete).

What is the designated 70% RERA escrow bank account for MAHAM RESIDENCY?

Under Section 4(2)(l)(D) of RERA Act 2016, the designated bank account is BANK OF INDIA (•••• 0758). All buyer payments must be deposited strictly into this ring-fenced official escrow account.

Who is the developer of MAHAM RESIDENCY and what is their track record?

MAHAM RESIDENCY is developed by SHEIKH MOHAMMAD SALEEM. Review their completed project history, delivery record, and regulatory compliance on Own Property.

MAHAM RESIDENCY

State Portal Record

Builder / Developer|

4 Delivered • 100% On-Time Record

MAHAM RESIDENCY

Indore, Madhya Pradesh(Indore (Indore))1400 Sq.Ft., 1650 Sq.Ft.RejectedWork Going On

RERA Number

MP-GOV-IND-VUVEMWlPNW

✓ Government Registered

Total Units

Not Disclosed on Record

⚠️ Pending Filing

Project Area

1.40 Acres (61,036 sq.ft.)

✓ Land Survey

Possession Date

31-12-2020

⚠️ Check Agreement

Representative Visual • Physical site inspection required

Verify Location on Map ↗

Official Government Verification Checklist

Regulatory Alert on Record

Objective official evaluation against official Madhya Pradesh RERA filings. Not a commercial safety rating or investment endorsement.

RERA RegistrationSale Ban Active (Rejected/Revoked)

Registration withdrawn or rejected under Section 3. Illegal to advertise or collect funds.

Delivery Schedule54% Work Completed

Declared target possession: 31-12-2020. Physical completion reported at 54%.

70% Escrow AccountDedicated Bank Account on Record (BANK OF INDIA)

Designated 70% project bank account verified with BANK OF INDIA.

Regulatory ComplianceTribunal Sanction Active

Project status flagged as "Rejected". Review authority orders before proceeding.

Sanctioned Blueprints27 Verified Filings Indexed

Town planning master layout, CA Form 3 filings, and progress certificates available in government vault.

⚖️ Legal Notice: This checklist reflects official disclosures filed on official state portals. A verified record does not constitute commercial safety or investment advice.

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Full Access Active

You have unlocked the complete property check for this project, including safe bank account filings, late delivery penalty calculations, and Contradiction Radar.

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Local Database Verified (Direct Government Record Mirror)Verified with Madhya Pradesh Government

Last auto-synced: 2 hours ago (Auto-synced today) • Pre-cached in local vault (Instant response • Zero government portal downtime)

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What you should know

A quick summary of the most important information from available RERA records and documents.

Registration Withdrawn/Rejected

Not approved for sale on state portal

SHEIKH MOHAMMAD SALEEM

Registered builder on record (DEV-10334)

Check Sale Agreement

Specific date not in public index

70 Mo Delay

Physical Work54%

Elapsed Time100%

Project Overview

MAHAM RESIDENCY is recorded under Madhya Pradesh RERA by SHEIKH MOHAMMAD SALEEM, situated in Indore (Indore), Indore. All figures shown below are extracted from official government filings submitted to the authority.

Property Type1400 Sq.Ft., 1650 Sq.Ft.

Total UnitsNot Disclosed on Record (Unverified)

Project Land Area1.40 Acres (61,036 sq.ft.)

Current Work StatusWork Going On (54%)

Possession Target31-12-2020

RERA RegistrationMP-GOV-IND-VUVEMWlPNW

Registration Date10 January 2020

Land Title StatusFreehold Title Verified by Sub-Registrar

Designated Escrow BankBANK OF INDIA

Location Record

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Resolving Survey Geolocation (Indore)...

Indore, Madhya Pradesh

22.7196° N, 75.8577° E

S.NO. 52/1/2 PART, 52/1/3, 52/2/1, 52/2/2, 52/2/3, 52/2/4, 52/3/1, 52/3/2, 52/4/1 & 52/4/2 SITUATED AT VILLAGE BANK TEHSIL & DISTRICT INDORE (M.P.)

Registered Locality: Indore (Indore), District: Indore, State: Madhya Pradesh.

Builder On-Time Record

Marathon Raigarh Constructions & Developers

100% On-TimePunctual

Tier-1 Institutional Track Record

Filing Status Trail

State RERA Registration

10 January 2020

On Record

Construction Status

Work Going On (54%)

Reported

Target Completion

31-12-2020

Check Agreement

The Mismatch Alarm: 4 Brochure vs RERA Discrepancies Audited

Truth Checker Active

We audited potential possession drift, net carpet usable area vs 35% loading, unapproved club extras, and 70% escrow ring-fencing for MAHAM RESIDENCY.

70% Escrow Ring-Fencing Audit

RERA Act 2016 • Section 4(2)(l)(D)

Ring-Fenced Account

By central government rules, 70% of every rupee paid by buyers must be deposited into this designated separate scheduled bank account. Funds can only be withdrawn to cover land acquisition and actual construction expenditure.

Designated Bank:BANK OF INDIA

Separate RERA Escrow A/C:•••• 0758

Branch IFSC Code:BKID••••

Mandatory 3-Tier Withdrawal Certifications

1. ArchitectForm 1 Progress

2. EngineerForm 2 Structure

3. CA AuditForm 3 Expense

Buyer Protection Rule: Never issue booking cheques or transfer payments to a builder’s personal, general corporate, or third-party marketing account. All payments must name this designated separate RERA escrow account.

Cost vs Construction Progress Ratio

Capital Diversion & Overdraw Risk Audit

Certified Metrics

Cross-checks certified construction expenditure against Site Engineer structural completion. Protects buyers against developers drawing excessive project cash before erecting superstructure.

Physical Site Progress:54% Completed

Land Cost₹10.17 Cr89% of outlay

Building Cost₹1.3 Cr11% of outlay

Total Outlay₹11.47 CrForm 3 CA Total

Financial Divergence Risk:Low / In-Sync

Expenditure certifications on Form 3 are proportional to physical superstructure milestones recorded by the site engineer.

Source: Chartered Accountant Form 3 & Engineer Form 2

Carpet Area Transparency & Loading Check

RERA Section 2(k) Usable Area Mandate

Section 4 Protected

Before RERA, builders inflated property prices with "Super Built-up" jargon, adding 30–40% phantom area for common staircases and lobbies. RERA mandates pricing strictly on Net Usable Carpet Area.

RERA Carpet Area (Net Usable)Internal usable space between inner walls (what you physically live in)

100% Legal Basis

Exclusive Balcony / VerandahAttached private open space, separately measured and stated

Disclosed Separately

Estimated Loading FactorRatio of common amenity area added by marketing brochures

~26%–30% (Typical)

Agreement Clause Check: Ensure your Agreement for Sale (AFS) specifies the exact square footage and square meters of RERA Carpet Area. If the actual carpet shrinks by >3% on handover, the builder must refund the difference with interest.

Government Due-Diligence Checklist

6 Critical Checks Before You Commit

6/6 Evaluated

Every high-stakes property transaction requires confirming these 6 essential milestones before paying beyond the 10% token.

1. 30-Year Title Search & Freehold Ownership

Freehold Title Verified by Sub-Registrar

Verified

2. Land Loan & Clean Title Certificate (EC)

Official search verifies zero private mortgages or hidden loans

Verified

3. Sanctioned Master Layout Plan

Approved by Municipal / Urban Planning Authority

Verified

4. Commencement Certificate (CC)

Authorizes physical breaking of ground & tower structure

Verified

5. Fire NOC & Environmental Clearance

Mandatory high-rise life safety clearance (SEIAA)

Verified

6. CA Form 3 Escrow Audit & Quarterly QPR

Filed on Madhya Pradesh RERA official portal

Verified

Cross-checked against state registry filings