MAHANKA/Bhopal/RERA/ULTIMATE SKY VILLAS PHASE-1

ULTIMATE SKY VILLAS PHASE-1ONGOING

★Are you the official developer or sales mandate for ULTIMATE SKY VILLAS PHASE-1?
Data Provenance
Registration No
P-BPL-17-119FACT
Project Name
ULTIMATE SKY VILLAS PHASE-1FACT
Status
ONGOINGFACT
Promoter
ULTIMATE 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
ULTIMATE SKY VILLAS PHASE-1
Registration NumberFACT
P-BPL-17-119
Project StatusFACT
ONGOING
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
ULTIMATE CONSTRUCTION & OTHER
Estimated Land CostFACT
₹6,02,42,445 Lakh
Estimated Construction CostFACT
₹27,68,27,317 Lakh
Construction Cost / UnitDERIVED
₹18,33,293.49 Lakh
Across 151 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

151Total Units
SOLD UNITSFACT
90 (—)
REMAINING UNITSFACT
71 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 151 registered units, with 90 sold and 71 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
5 BHKApartment28335117.86%
5 BHK PENTHOUSEApartment43175%
5 BHK-3Apartment87187.5%
5 BHK PENTHOUSE-4Apartment1010%
4 BHKApartment2421387.5%
4 BHK PENTHOUSEApartment330100%
3 BHKApartment32211165.63%
3 BHK PENTHOUSEApartment42250%
SHOPCommercial property130130%
LIGApartment130130%
EWSApartment200200%
795Garage/Parking1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2016-08-29
Proposed CompletionFACT
2021-08-31
Project AgeDERIVED
3653 days
Days OverdueDERIVED
1825 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KH.NO-6/2/1/1GA,6/2/1/1CHHA,6/2/1/3,6/2/2/2,7/4/5/1KA/2,7/4/5/1KHA,7/4/5/1GHA,6/2/1/4,7/4/4GA,7/4/4/CHHA,6/2/1/1CHHA,7/4/4/CHA,6/2/1/1JHA,6/2/1/1KA,6/2/1/1NGA,6/2/1/1GHA,6/2/1/1JA,6/2/1/1CHA,6/2/1/1KHA PATWARI HALKA NO-42/50 VILLAGE BAWADIA KALAN VIKAS KHAND-FANDA TEHSIL HUZUR, DISTT.-BHOPAL
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
ULTIMATE CONSTRUCTION
Entity TypeFACT
Partnership Firm / LLP
ULTIMATE CONSTRUCTION25 Total Indexed Projects
COMPLETED0
ONGOING25
EXTENDED0
OVERDUE0

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 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
LAYOUT_PLAN(2)
  • 📄 Approval Town Country Planning
  • 📄 Sanction Layout Plan
OTHER(65)
  • 📄 Brochure
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 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
APPROVAL(5)
  • 📄 Building Permission Authority
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Environmental Clearance
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(4)
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022
  • 📄 Apr 2022 - Jun 2022

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 ULTIMATE SKY VILLAS PHASE-1.

View all Bhopal projects →
ONGOING
📍 2.5 km

ULTIMATE IMPERIAL VILLAS PHACE -2

Promoter: ULTIMATE REALTY

Expected: 2019-12-31Inspect →
ONGOING
📍 2.5 km

ULTIMATE IMPERIAL VILLAS PHASE -5

Promoter: ULTIMATE REALTY

RERA ActiveInspect →
ONGOING
📍 2.5 km

ULTIMATE IMPERIAL VILLAS PHASE -8

Promoter: ULTIMATE REALTY

RERA ActiveInspect →
ONGOING
📍 2.5 km

ULTIMATE SKY VILLAS PHASE-3

Promoter: ULTIMATE CONSTRUCTION

Expected: 2026-06-30Inspect →
ONGOING
📍 2.5 km

ULTIMATE ENGLISH VILLAS PHASE-5

Promoter: ULTIMATE BUILDERS

Expected: 2024-02-29Inspect →
ONGOING
📍 2.5 km

ULTIMATE IMPERIAL VILLAS PHASE -1

Promoter: ULTIMATE REALTY

RERA ActiveInspect →

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 2022 - Jun 2022
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-17-119
✓Promoter identityFoundULTIMATE CONSTRUCTION
✓Proposed completion dateFound2021-08-31
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2022 - Jun 2022 · 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
33
Completed
0
Extensions / delays
1
Cities represented
1
ULTIMATE IMPERIAL VILLAS PHACE -2ONGOINGULTIMATE IMPERIAL VILLAS PHASE -5ONGOINGULTIMATE IMPERIAL VILLAS PHASE -8ONGOINGULTIMATE SKY VILLAS PHASE-3ONGOINGULTIMATE ENGLISH VILLAS PHASE-5ONGOINGULTIMATE IMPERIAL VILLAS PHASE -1ONGOING

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 ULTIMATE SKY VILLAS 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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