MAHANKA/Bhopal/RERA/SHASHWAT APARTMENTS

SHASHWAT APARTMENTSEXTENDED

★Are you the official developer or sales mandate for SHASHWAT APARTMENTS?
Data Provenance
Registration No
P-BPL-22-3272FACT
Project Name
SHASHWAT APARTMENTSFACT
Status
EXTENDEDFACT
Promoter
DRAUPADI 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
SHASHWAT APARTMENTS
Registration NumberFACT
P-BPL-22-3272
Project StatusFACT
EXTENDED
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
Project is in Joint Venture
Estimated Land CostFACT
₹356.48 Lakh
Estimated Construction CostFACT
₹1,477.11 Lakh
Construction Cost / UnitDERIVED
₹11.28 Lakh
Across 131 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

131Total Units
SOLD UNITSFACT
4 (—)
REMAINING UNITSFACT
127 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 131 registered units, with 4 sold and 127 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
2 BHK LIGApartment3030%
2 BHK LIG-2Apartment1741323.53%
2 BHK LIG-3Apartment320320%
1 BHK EWSApartment4040%
1 BHK EWS-5Apartment700700%
1 BHK EWS-6Apartment4040%
1975Garage/Parking1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2021-10-01
Proposed CompletionFACT
2026-09-30
Project AgeDERIVED
1794 days
Days to CompletionDERIVED
31 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Khasra No. 496, Plot Area-1.02 Acres, Gram Hataikheda, situated at village khajurikalan, Prabhatam Heights, Raisen Road, Bhopal. (M.P.)
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
DRAUPADI CONSTRUCTION
Entity TypeFACT
Proprietorship Firm
DRAUPADI CONSTRUCTION4 Total Indexed Projects
COMPLETED0
ONGOING4
EXTENDED0
OVERDUE0
Portfolio Absorption: 62.96% across 162 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 AuthorityYES
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
OTHER(69)
  • 📄 Apartment Details
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule B
  • 📄 Schedule C2
  • 📄 Schedule C3
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Building Permission Authority
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate

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 SHASHWAT APARTMENTS.

View all Bhopal projects →
ONGOING
📍 2.5 km

NANDI VILLAS (PHASE-I)

Promoter: DRAUPADI CONSTRUCTION

RERA ActiveInspect →
ONGOING
📍 2.5 km

SHIVLOK GREENS (EXISTING INCOMPLETE PHASE-2)

Promoter: DRAUPADI CONSTRUCTION

Expected: 2020-03-31Inspect →
ONGOING
📍 2.5 km

ANADI VILLAS PHASE-2

Promoter: DRAUPADI CONSTRUCTION

RERA ActiveInspect →
ONGOING
📍 2.5 km

SHIVLOK HEIGHTS

Promoter: DRAUPADI CONSTRUCTION

Expected: 2023-10-31Inspect →
ONGOING
📍 2.5 km

NANDI VILLAS PHASE 2

Promoter: DRAUPADI CONSTRUCTION

RERA ActiveInspect →
ONGOING
📍 2.5 km

ANADI VILLAS

Promoter: DRAUPADI CONSTRUCTION

Expected: 2024-11-30Inspect →

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
No APR found in indexed source
Not found in indexed 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-22-3272
✓Promoter identityFoundDRAUPADI CONSTRUCTION
✓Proposed completion dateFound2026-09-30
!Latest QPRReviewNo QPR was found in the indexed source.
!Latest APRReviewNo APR was found in the indexed source.
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundEXTENDED

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
8
Completed
0
Extensions / delays
1
Cities represented
1
NANDI VILLAS (PHASE-I)ONGOINGSHIVLOK GREENS (EXISTING INCOMPLETE PHASE-2)ONGOINGANADI VILLAS PHASE-2ONGOINGSHIVLOK HEIGHTSONGOINGNANDI VILLAS PHASE 2ONGOINGANADI VILLASONGOING

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 SHASHWAT APARTMENTS

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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