MAHANKA/Indore/RERA/BCM PANACHE AND UPAHAR NAGAR-PHASE 1

BCM PANACHE AND UPAHAR NAGAR-PHASE 1ONGOING

★Are you the official developer or sales mandate for BCM PANACHE AND UPAHAR NAGAR-PHASE 1?
Data Provenance
Registration No
P-IND-24-4451FACT
Project Name
BCM PANACHE AND UPAHAR NAGAR-PHASE 1FACT
Status
ONGOINGFACT
Promoter
BICHOLI DEVCON LLPFACT
Locality Link
UNMATCHEDNOT ASSESSED
Coordinates
Not available from sourceNOT ASSESSED
Last verified: 15 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT
BCM PANACHE AND UPAHAR NAGAR-PHASE 1
Registration NumberFACT
P-IND-24-4451
Project StatusFACT
ONGOING
Project Type (Portal)FACT
New
First Seen in IndexDERIVED
15/8/2026
Last CrawledDERIVED
15/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT
Indore
Land OwnershipFACT
BICHOLI DEVCON LLP
Estimated Land CostFACT
₹8,000 Lakh
Estimated Construction CostFACT
₹1,050 Lakh
Construction Cost / UnitDERIVED
₹11.8 Lakh
Across 89 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

89Total Units
SOLD UNITSFACT
26 (29.21%)
REMAINING UNITSFACT
63 (70.79%)
ABSORPTION RATEDERIVED
29.21%

Mahanka inventory observation: The statutory registry records 89 registered units, with 26 sold and 63 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Type1Plot6060%
Type2Plot1010%
Type3Plot1010%
Type4Plot113827.27%
Type5Plot220100%
Type6Plot2020%
Type7Plot3030%
Type8Plot1010%
Type9Plot128466.67%
Type10Plot1831516.67%
Type11Plot21150%
Type12Plot110100%
Type13Plot110100%
Type14Plot21150%
Type15Plot1010%
Type16Plot1010%
Type17Plot110100%
Type18Plot1010%
Type19Plot1010%
Type20Plot1010%
Type21Plot1010%
Type22Plot1010%
Type23Plot1010%
Type24Plot105550%
Type25Plot1010%
Type26Plot2020%
Type27Plot2020%
Type28Plot2020%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE
Proposed StartFACT
2023-10-16
Proposed CompletionFACT
2026-10-15
Project AgeDERIVED
1047 days
Days to CompletionDERIVED
48 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KH. NO .48, 66/1, 66/2 & OTHERS, TEHSIL-BICHOLI HAPSI, VILLAGE BADIYA KEEMA, DIST INDORE
Matched LocalityMATCHED
Badiya
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'badiya' equals locality 'Badiya'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
BICHOLI DEVCON LLP
Entity TypeFACT
Partnership Firm / LLP
BICHOLI DEVCON LLP2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE0
Portfolio Absorption: 29.21% across 89 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹1,500 / sqm
Multi-Story ResidentialMATCHED
₹0 / sqm
Commercial OfficeMATCHED
₹11,600 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Badiya (Match Tier: EXACT).

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Badiya

5 Peers in LocalityAvg Peer Absorption: 28%
ProjectPromoterStatusUnitsAbsorptionCompletion
SATTVAAinfraventures-significantONGOING8228.05%2026-03-02
BCM PANACHE II AND UPAHAR NAGAR II - BY PANACHE INFRAVENTURES PRIVATE LIMITEDinfraventures-panacheONGOING——2027-10-31
SATTVAA SECTOR Bdevcon-superlativeONGOING——2027-08-04
VIRAJ GREENSaadish-pvt-ventureONGOING——2027-01-24
BCM PANACHE AND UPAHAR NAGAR-PHASE 2bicholi-devconONGOING——2026-10-09

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

107 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(46)
  • 📄 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
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Schedule C1
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
FINANCIAL(2)
  • 📄 Engineer's Certificate
  • 📄 Ca Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(24)
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jul 2025 - Sep 2025
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jan 2026 - Mar 2026
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jul 2024 - Sep 2024
  • 📄 Apr 2024 - Jun 2024
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Apr 2024 - Jun 2024
  • 📄 Apr 2024 - Jun 2024

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

100%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberPRESENT
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:44:18.072Z
  • 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 BCM PANACHE AND UPAHAR NAGAR-PHASE 1.

View all Indore projects →
ONGOING
📍 2.5 km

BCM PANACHE AND UPAHAR NAGAR-PHASE 2

Promoter: BICHOLI DEVCON LLP

Expected: 2026-10-09Inspect →
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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 BCM PANACHE AND UPAHAR NAGAR-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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