MAHANKA/Bhopal/RERA/MEENAKSHI BUILDERS NORTH AVENUE PHASE-3

MEENAKSHI BUILDERS NORTH AVENUE PHASE-3COMPLETED

★Are you the official developer or sales mandate for MEENAKSHI BUILDERS NORTH AVENUE PHASE-3?
Data Provenance
Registration No
P-BPL-22-3329FACT
Project Name
MEENAKSHI BUILDERS NORTH AVENUE PHASE-3FACT
Status
COMPLETEDFACT
Promoter
M/S MEENAKSHI BUILDERSFACT
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
MEENAKSHI BUILDERS NORTH AVENUE PHASE-3
Registration NumberFACT
P-BPL-22-3329
Project StatusFACT
COMPLETED
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
SHRI MUKESH PREMCHANDANI S/o SHRI RAM PREMCHANDANI
Estimated Land CostFACT
₹1,939.92 Lakh
Estimated Construction CostFACT
₹391.66 Lakh
Construction Cost / UnitDERIVED
₹7.25 Lakh
Across 54 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

54Total Units
SOLD UNITSFACT
0 (—)
REMAINING UNITSFACT
54 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 54 registered units, with 0 sold and 54 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
SHOP CUM RESIDENTIALPlot1010%
SHOP CUM RESIDENTIAL-2Plot1010%
SHOP CUM RESIDENTIAL-3Plot1010%
SHOP CUM RESIDENTIAL-4Plot1010%
SHOP CUM RESIDENTIAL-5Plot1010%
SHOP CUM RESIDENTIAL-6Plot1010%
SHOP CUM RESIDENTIAL-7Plot1010%
RESIDENTIALPlot1010%
RESIDENTIAL-9Plot1010%
RESIDENTIAL-10Plot1010%
RESIDENTIAL-11Plot1010%
RESIDENTIAL-12Plot1010%
RESIDENTIAL-13Plot1010%
RESIDENTIAL-14Plot1010%
RESIDENTIAL-15Plot100100%
RESIDENTIAL-16Plot1010%
RESIDENTIAL-17Plot1010%
RESIDENTIAL-18Plot8080%
RESIDENTIAL-19Plot1010%
RESIDENTIAL-20Plot1010%
RESIDENTIAL-21Plot9090%
RESIDENTIAL-22Plot1010%
RESIDENTIAL-23Plot1010%
RESIDENTIAL-24Plot1010%
RESIDENTIAL-25Plot1010%
RESIDENTIAL-26Plot4040%
RESIDENTIAL-27Plot1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2021-10-01
Proposed CompletionFACT
2024-09-30
Project AgeDERIVED
1792 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
MEENAKSHI NORTH AVENUE PHASE-3 VILLAGE DAMKHEDA AND KOLUA KALAN, BHOPAL, M.P.
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
M/S MEENAKSHI BUILDERS
Entity TypeFACT
Partnership Firm / LLP
M/S MEENAKSHI BUILDERS1 Total Indexed Projects
COMPLETED0
ONGOING1
EXTENDED0
OVERDUE0

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 YearsNO

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(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(52)
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule C1
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(19)
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024
  • 📄 Oct 2024 - Dec 2024

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 MEENAKSHI BUILDERS NORTH AVENUE PHASE-3.

View all Bhopal projects →
COMPLETED
📍 2.5 km

MEENAKSHI NORTH PHASE-1

Promoter: M/S MEENAKSHI BUILDERS

Expected: 2024-09-30Inspect →
ONGOING
📍 2.5 km

MEENAKSHI NORTH AVENUE PHASE-2

Promoter: M/S MEENAKSHI BUILDERS

RERA ActiveInspect →
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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 MEENAKSHI BUILDERS NORTH AVENUE PHASE-3

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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