Is BALAJI PARISAR in Bhopal registered with MP RERA?

Yes, BALAJI PARISAR is an official MP RERA registered project (Registration No: P-BPL-19-2288). The project is promoted by M/S J C SHARMA AND SONS and is currently marked as ONGOING.

Who is the developer of BALAJI PARISAR?

BALAJI PARISAR is developed by M/S J C SHARMA AND SONS, an active real estate promoter in Bhopal, Madhya Pradesh.

BALAJI PARISAR | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for BALAJI PARISAR?

Data Provenance

Registration No

P-BPL-19-2288FACT

Project Name

BALAJI PARISARFACT

Status

ONGOINGFACT

Promoter

M/S J C SHARMA AND SONSFACT

Locality Link

UNMATCHEDNOT ASSESSED

Coordinates

Not available from sourceNOT ASSESSED

Last verified: 17 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT

BALAJI PARISAR

Registration NumberFACT

P-BPL-19-2288

Project StatusFACT

ONGOING

Project Type (Portal)FACT

New

First Seen in IndexDERIVED

17/8/2026

Last CrawledDERIVED

17/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT

Bhopal

Land OwnershipFACT

M/S TIRUPATI REAL ESTATE DEVELOPERS AND M/S S & B ASSOCIATES (LANDLORD) M/S J C SHARMA AND SONS (PROMOTER UNDER JOINT VENTURE AGREEMENT)

Estimated Land CostFACT

₹1,225 Lakh

Estimated Construction CostFACT

₹1,729 Lakh

Construction Cost / UnitDERIVED

₹14.91 Lakh

Across 116 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

116Total Units

SOLD UNITSFACT

82 (—)

REMAINING UNITSFACT

34 (—)

ABSORPTION RATEDERIVED

—

Mahanka inventory observation: The statutory registry records 116 registered units, with 82 sold and 34 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
DUPLEX	Individual house	66	66	0	100%
SHOPS	Commercial property	42	10	32	23.81%
FLATS	Apartment	7	6	1	85.71%
617	Garage/Parking	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED

Proposed StartFACT

2019-05-14

Proposed CompletionFACT

2022-12-31

Project AgeDERIVED

2663 days

Days OverdueDERIVED

1336 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Bhopal

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

KHASRA NO-123/1, 123/2, 123/3, 139/1, 139/2, 139/4, 140/1, 140/2, 142/1/1/2, VILLAGE MAHOLI, PATWARI HALKA NO. 21, WARD NO. 74, RI CIRCLE NO. 2, AYODHYA BYPASS ROAD, BHOPAL

Matched LocalityMATCHED

UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

M/S J C SHARMA AND SONS

Entity TypeFACT

Partnership Firm / LLP

Promoter portfolio rollups not yet indexed for this single entity.

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 PassedNO

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

80 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(69)

APPROVAL(5)

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(1)

📄 Sanction Building Plan

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

FINANCIAL(1)

📄 Engineer's Certificate

PHOTOGRAPH(1)

📄 Oct 2023 - Dec 2023

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT17/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

—%Completeness Index

Formula Version: 1.0.0

Audit Timestamp: —

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 BALAJI PARISAR.

View all Bhopal projects →

ONGOING

📍 2.5 km

TIRUPATI ABHINAV HOMES

Promoter: M/S J C SHARMA AND SONS

Expected: 2019-12-31Inspect →

Loading map...

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 Bhopal.

← Back to Bhopal RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for BALAJI PARISAR

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)

🏛️

Direct Institutional Mortgage Matching

Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.