Is SIGNATURE RESIDENCY PHASE 2 in Bhopal registered with MP RERA?

Yes, SIGNATURE RESIDENCY PHASE 2 is an official MP RERA registered project (Registration No: P-BPL-18-1775). The project is promoted by M/S SIGNATURE BUILDER PARTNER VIPIN CHAUHAN and is currently marked as EXTENDED.

Who is the developer of SIGNATURE RESIDENCY PHASE 2?

SIGNATURE RESIDENCY PHASE 2 is developed by M/S SIGNATURE BUILDER PARTNER VIPIN CHAUHAN, an active real estate promoter in Bhopal, Madhya Pradesh.

SIGNATURE RESIDENCY PHASE 2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SIGNATURE RESIDENCY PHASE 2?

Data Provenance

Registration No

P-BPL-18-1775FACT

Project Name

SIGNATURE RESIDENCY PHASE 2FACT

Status

EXTENDEDFACT

Promoter

M/S SIGNATURE BUILDER PARTNER VIPIN CHAUHANFACT

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

SIGNATURE RESIDENCY PHASE 2

Registration NumberFACT

P-BPL-18-1775

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

1. Mr. Shashi Shankar Sharma S/o Mr. R.K. Sharma 2. Mrs. Shashi Sharma W/o Mr. Shashi Shankar Sharma 3. Mr. Vikas Sharma S/o Mr. Shashi Shankar Sharma. 4. Mr. Saurabh Batra S/o Mr. P.K. Batra 5. Mr. Vivek Sharma S/o Mr. K.P. Sharma

Estimated Land CostFACT

₹215.93 Lakh

Estimated Construction CostFACT

₹606.19 Lakh

Construction Cost / UnitDERIVED

₹6.59 Lakh

Across 92 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

92Total Units

SOLD UNITSFACT

0 (—)

REMAINING UNITSFACT

92 (—)

ABSORPTION RATEDERIVED

—

Mahanka inventory observation: The statutory registry records 92 registered units, with 0 sold and 92 remaining.

Unit Category	Group	Total Units	Remaining	Absorption
EWS	Apartment	48	48	0%
LIG	Apartment	36	36	0%
SHOP	Other	8	8	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED

Proposed StartFACT

2014-03-01

Proposed CompletionFACT

2020-06-30

Project AgeDERIVED

4563 days

Days OverdueDERIVED

2250 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Bhopal

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Shirdipuram, Village Banjari, kolar Road bhopal

Matched LocalityMATCHED

UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

M/S SIGNATURE BUILDER PARTNER VIPIN CHAUHAN

Entity TypeFACT

Partnership Firm / LLP

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

80 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

APPROVAL(4)

OTHER(71)

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.

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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 SIGNATURE RESIDENCY PHASE 2

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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