Is BLUE HEAVEN in Indore registered with MP RERA?

Yes, BLUE HEAVEN is an official MP RERA registered project (Registration No: P-IND-18-1953). The project is promoted by RAHEJA BUILDCON and is currently marked as ONGOING.

Who is the developer of BLUE HEAVEN?

BLUE HEAVEN is developed by RAHEJA BUILDCON, an active real estate promoter in Indore, Madhya Pradesh.

BLUE HEAVEN | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for BLUE HEAVEN?

Data Provenance

Registration No

P-IND-18-1953FACT

Project Name

BLUE HEAVENFACT

Status

ONGOINGFACT

Promoter

RAHEJA BUILDCONFACT

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

BLUE HEAVEN

Registration NumberFACT

P-IND-18-1953

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

RAHEJA BUILDCON (SELF OWNED)

Estimated Land CostFACT

₹56.27 Lakh

Estimated Construction CostFACT

₹111.73 Lakh

Construction Cost / UnitDERIVED

₹6.57 Lakh

Across 17 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

17Total Units

SOLD UNITSFACT

16 (94.12%)

REMAINING UNITSFACT

1 (5.88%)

ABSORPTION RATEDERIVED

94.12%

Mahanka inventory observation: The statutory registry records 17 registered units, with 16 sold and 1 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
21.10	Apartment	3	3	0	100%
15.09	Apartment	3	3	0	100%
20.78	Apartment	2	1	1	50%
42.55	Apartment	3	3	0	100%
31.25	Apartment	3	3	0	100%
27.58	Apartment	3	3	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2018-07-01

Proposed CompletionFACT

2021-06-30

Project AgeDERIVED

2980 days

Days OverdueDERIVED

1885 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

R-22, NEW RANI BAG COLONY, KHANDWA ROAD, INDORE

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

RAHEJA BUILDCON

Entity TypeFACT

Proprietorship Firm

RAHEJA BUILDCON2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE1

Portfolio Absorption: 88.89% across 18 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 PassedYES

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.

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: 2026-08-15T20:36:45.896Z

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 BLUE HEAVEN.

View all Indore projects →

ONGOING

📍 2.5 km

RAHEJA UNIVERSAL

Promoter: RAHEJA BUILDCON

Expected: 2028-09-19Inspect →

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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 Indore.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for BLUE HEAVEN

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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Direct Institutional Mortgage Matching

Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.

BLUE HEAVENONGOING