MAHANKA/Bhopal/RERA/REGAL KASTURI PHASE-II

REGAL KASTURI PHASE-IIONGOING

★Are you the official developer or sales mandate for REGAL KASTURI PHASE-II?
Data Provenance
Registration No
P-BPL-22-3497FACT
Project Name
REGAL KASTURI PHASE-IIFACT
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
REGAL KASTURI PHASE-II
Registration NumberFACT
P-BPL-22-3497
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 K L SHARMA & RUKMANI SHARMA
Estimated Land CostFACT
₹395.65 Lakh
Estimated Construction CostFACT
₹188.15 Lakh
Construction Cost / UnitDERIVED
₹1.92 Lakh
Across 98 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

98Total Units
SOLD UNITSFACT
82 (—)
REMAINING UNITSFACT
16 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 98 registered units, with 82 sold and 16 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Plot No. 01-25 (6.10*12.20)Plot25250100%
Plot No. 26 (5.60*12.20)Plot110100%
Plot No. 27 (6.00*13.72)Plot110100%
Plot No. 28-38 (5.50*13.72)Plot1110190.91%
Plot No. 39 (6.00*13.72)Plot110100%
Plot No. 40 (4.90*13.72)Plot110100%
Plot No. 41-70 (4.88*13.72)Plot30201066.67%
Plot No. 71 (4.90*13.72)Plot110100%
Plot No. 72 (6.00*13.72)Plot1010%
Plot No. 73-83 (5.50*13.72)Plot119281.82%
Plot No. 84 (6.00*13.72)Plot1010%
Plot No. 85 (Irregular Size)Plot110100%
E-01 (Irregular Size)Plot110100%
E-02 (Irregular Size)Plot110100%
E-03 (Irregular Size)Plot110100%
E-04 (Irregular Size)Plot110100%
E-05 (Irregular Size)Plot110100%
E-06 (Irregular Size)Plot110100%
E-07 (Irregular Size)Plot110100%
E-08 (Irregular Size)Plot110100%
L-01 (Irregular Size)Plot110100%
L-02 (Irregular Size)Plot110100%
L-03 (Irregular Size)Plot1010%
L-04 (Irregular Size)Plot110100%
L-05 (Irregular Size)Plot110100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2022-03-03
Proposed CompletionFACT
2025-03-02
Project AgeDERIVED
1641 days
Days OverdueDERIVED
546 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.-288/KHA/1,289/KHA/1,AT VILLAGE-KHAJURI KALAN,TEHSIL-HUZURDIST-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 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(3)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
  • 📄 Other Documents
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(66)
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Team Details
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule B
  • 📄 Schedule C1
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(4)
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026

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 REGAL KASTURI PHASE-II.

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 →
ONGOING
📍 2.5 km

NEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2019-10-31Inspect →
COMPLETED
📍 2.5 km

REGAL PARADISE PHASE-II

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2021-06-06Inspect →

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 2026 - Jun 2026
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-22-3497
✓Promoter identityFoundMS K L SHARMA AND RUKMANI SHARMA
✓Proposed completion dateFound2025-03-02
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2026 - Jun 2026 · 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
5
Completed
2
Extensions / delays
0
Cities represented
1
REGAL KALASHONGOINGREGAL PARADISE PHASE-1COMPLETEDNEW SHRIRAM PARISAR PHASE III (EXISTING INCOMPLETE PHASE)ONGOINGREGAL PARADISE PHASE-IICOMPLETEDREGAL 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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for REGAL KASTURI PHASE-II

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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