Is SHASHI HI-TECH CITY in Bhopal registered with MP RERA?

Yes, SHASHI HI-TECH CITY is an official MP RERA registered project (Registration No: P-BPL-17-853). The project is promoted by SHASHI PROPERTY AND CONSTRUCTION and is currently marked as EXTENDED.

Who is the developer of SHASHI HI-TECH CITY?

SHASHI HI-TECH CITY is developed by SHASHI PROPERTY AND CONSTRUCTION, an active real estate promoter in Bhopal, Madhya Pradesh.

SHASHI HI-TECH CITY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHASHI HI-TECH CITY?

Data Provenance

Registration No

P-BPL-17-853FACT

Project Name

SHASHI HI-TECH CITYFACT

Status

EXTENDEDFACT

Promoter

SHASHI PROPERTY AND CONSTRUCTIONFACT

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

SHASHI HI-TECH CITY

Registration NumberFACT

P-BPL-17-853

Project StatusFACT

EXTENDED

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

OWNER- RATAN PRAKASH JAIN ABHAY PRAKASH JAIN GULMALA TARAN.

Estimated Land CostFACT

₹17,77,580 Lakh

Estimated Construction CostFACT

₹450 Lakh

Construction Cost / UnitDERIVED

₹4.46 Lakh

Across 101 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

101Total Units

SOLD UNITSFACT

63 (—)

REMAINING UNITSFACT

38 (—)

ABSORPTION RATEDERIVED

—

Mahanka inventory observation: The statutory registry records 101 registered units, with 63 sold and 38 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
30*50	Plot	100	63	37	63%
0	Garage/Parking	1	0	1	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED

Proposed StartFACT

2010-05-06

Proposed CompletionFACT

2019-12-31

Project AgeDERIVED

5958 days

Days OverdueDERIVED

2432 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Bhopal

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

RAJVED COLONY, KOLAR ROAD, BHOPAL

Matched LocalityMATCHED

UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHASHI PROPERTY AND CONSTRUCTION

Entity TypeFACT

Proprietorship Firm

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 AuthorityYES

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

71 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

APPROVAL(5)

OTHER(25)

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(1)

📄 Sanction Building Plan

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

FINANCIAL(1)

📄 Engineer's Certificate

PHOTOGRAPH(36)

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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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 SHASHI HI-TECH CITY

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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