MAHANKA/Bhopal/RERA/REGAL PARADISE PHASE-1

REGAL PARADISE PHASE-1COMPLETED

★Are you the official developer or sales mandate for REGAL PARADISE PHASE-1?
Data Provenance
Registration No
P-BPL-17-817FACT
Project Name
REGAL PARADISE PHASE-1FACT
Status
COMPLETEDFACT
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 PARADISE PHASE-1
Registration NumberFACT
P-BPL-17-817
Project StatusFACT
COMPLETED
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
JOINT VENTURE
Estimated Land CostFACT
₹700 Lakh
Estimated Construction CostFACT
₹1,171 Lakh
Construction Cost / UnitDERIVED
₹8.02 Lakh
Across 146 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

146Total Units
SOLD UNITSFACT
118 (—)
REMAINING UNITSFACT
28 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 146 registered units, with 118 sold and 28 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
1 BHK Each 29.98 Sq.MtApartment880100%
1 BHK Each 31.35 Sq.MtApartment880100%
1 BHK Each 36.24 Sq.MtApartment880100%
1 BHK Each 36.27 Sq.MtApartment87187.5%
1 BHK Each 37.51 Sq.MtApartment87187.5%
1 BHK WITH STUDY ROOM Each 43.85 Sq.MtApartment880100%
1 BHK WITH STUDY ROOM Each 43.86 Sq.MtApartment85362.5%
1 BHK WITH STUDY ROOM Each 45.54 Sq.MtApartment880100%
2 BHK Each 64.92 Sq.MtApartment880100%
2 BHK Each 65.1 Sq.MtApartment83537.5%
2 BHK Each 66.16 Sq.MtApartment87187.5%
2 BHK Each 66.4 Sq.MtApartment86275%
2 BHK Each 66.98 Sq.MtApartment87187.5%
2 BHK Each 67.02 Sq.MtApartment81712.5%
2 BHK Each 67.14Sq.MtApartment880100%
2 BHK Each 67.25 Sq.MtApartment880100%
2 BHK Each 67.56 Sq.MtApartment85362.5%
2 BHK Each 67.8 Sq.MtApartment86275%
506Garage/Parking1010%
1326Garage/Parking1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2015-12-26
Proposed CompletionFACT
2021-06-25
Project AgeDERIVED
3900 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
PLOT NO -13/A , ZONE-1, M P NAGAR BHOPAL (M.P.)
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(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Encumbrances On Land
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Building Permission Authority
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(34)
  • 📄 Development Work Plan
  • 📄 Khasra
  • 📄 Khasra Form
  • 📄 Loan Sanction Letter
  • 📄 Project Status
  • 📄 Project Specifications
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(2)
  • 📄 Floor Plans
  • 📄 Sanction Building Plan
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(34)
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Jan 2019 - Mar 2019

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 PARADISE PHASE-1.

View all Bhopal projects →
ONGOING
📍 2.5 km

REGAL KALASH

Promoter: MS K L SHARMA AND RUKMANI SHARMA

Expected: 2019-03-12Inspect →
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 →
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 2019 - Jun 2019
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-17-817
✓Promoter identityFoundMS K L SHARMA AND RUKMANI SHARMA
✓Proposed completion dateFound2021-06-25
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2019 - Jun 2019 · 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 statusFoundCOMPLETED

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

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for REGAL PARADISE PHASE-1

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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