Is NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE) in Bhopal registered with MP RERA?

Yes, NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE) is an official MP RERA registered project (Registration No: P-BPL-18-1815). The project is promoted by MS K L SHARMA AND RUKMANI SHARMA and is currently marked as ONGOING.

Who is the developer of NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)?

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE) is developed by MS K L SHARMA AND RUKMANI SHARMA, an active real estate promoter in Bhopal, Madhya Pradesh.

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE) | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)?

Data Provenance

Registration No

P-BPL-18-1815FACT

Project Name

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)FACT

Status

ONGOINGFACT

Promoter

MS K L SHARMA AND RUKMANI SHARMAFACT

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

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)

Registration NumberFACT

P-BPL-18-1815

Project StatusFACT

ONGOING

Project Type (Portal)FACT

Ongoing

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

SALE DEED

Estimated Land CostFACT

₹144 Lakh

Estimated Construction CostFACT

₹578 Lakh

Construction Cost / UnitDERIVED

₹13.14 Lakh

Across 44 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

44Total Units

SOLD UNITSFACT

40 (—)

REMAINING UNITSFACT

4 (—)

ABSORPTION RATEDERIVED

—

Mahanka inventory observation: The statutory registry records 44 registered units, with 40 sold and 4 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
91.92	Individual house	5	5	0	100%
75.57	Individual house	8	8	0	100%
64.69	Individual house	7	7	0	100%
76.25	Individual house	2	2	0	100%
74.18	Individual house	10	9	1	90%
Irregular	Individual house	12	9	3	75%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED

Proposed StartFACT

2014-07-05

Proposed CompletionFACT

2019-10-31

Project AgeDERIVED

4439 days

Days OverdueDERIVED

2495 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. -113,114,115,116/2/2 AWADHPURI, GRAM KHAJURI KALAN,TEH-HUZUR,DIST-BHOPAL

Matched LocalityMATCHED

UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

MS K L SHARMA AND RUKMANI SHARMA

Entity TypeFACT

Partnership Firm / LLP

MS K L SHARMA AND RUKMANI SHARMA1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE0

Portfolio Absorption: 93.33% across 210 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 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

APPROVAL(5)

OTHER(59)

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(1)

📄 Sanction Building Plan

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

FINANCIAL(1)

📄 Engineer's Certificate

PHOTOGRAPH(11)

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.

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Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE).

View all Bhopal projects →

ONGOING

📍 2.5 km

REGAL KALASH

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2019-03-12Inspect →

COMPLETED

📍 2.5 km

REGAL PARADISE PHASE-1

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2021-06-25Inspect →

COMPLETED

📍 2.5 km

REGAL PARADISE PHASE-II

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2021-06-06Inspect →

ONGOING

📍 2.5 km

REGAL KASTURI PHASE-II

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2025-03-02Inspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents

Latest QPR

No QPR found in indexed source

Not found in indexed source

Latest APR

Apr 2024 - Jun 2024

Fresh source capture12 days since source capture

Open source ↗

Completion certificate

No certificate found in indexed source

Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

RERA registration numberFoundP-BPL-18-1815

Promoter identityFoundMS K L SHARMA AND RUKMANI SHARMA

Proposed completion dateFound2019-10-31

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2024 - Jun 2024 · 12 days since source capture

Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.

Timeline changesReview1 source changes are visible in the project timeline.

Project statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

REGAL KALASHONGOING REGAL PARADISE PHASE-1COMPLETED NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)ONGOING REGAL PARADISE PHASE-IICOMPLETED REGAL KASTURI PHASE-IIONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying

Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955

Email: secretaryrera@mp.gov.in

Portal: Official website ↗

Last verified: 29 Aug 2026Published MP RERA record ↗

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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

City Directory

Explore all registered developments, townships, and commercial hubs in Bhopal.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)

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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