MAHANKA/Indore/RERA/CORAL HEIGHTS

CORAL HEIGHTSONGOING

★Are you the official developer or sales mandate for CORAL HEIGHTS?
Data Provenance
Registration No
P-BPL-22-3484FACT
Project Name
CORAL HEIGHTSFACT
Status
ONGOINGFACT
Promoter
GNEXT TRADING COMPANY PRIVATE LIMITEDFACT
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
CORAL HEIGHTS
Registration NumberFACT
P-BPL-22-3484
Project StatusFACT
ONGOING
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
Globus Lifestyle Pvt. Ltd.
Estimated Land CostFACT
₹321.75 Lakh
Estimated Construction CostFACT
—
Construction Cost / UnitDERIVED
—
Across 90 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

90Total Units
SOLD UNITSFACT
70 (—)
REMAINING UNITSFACT
20 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 90 registered units, with 70 sold and 20 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
LIG FlatsApartment3635197.22%
EWS FlatsApartment4233978.57%
EWS Flats-3Apartment1221016.67%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2022-03-01
Proposed CompletionFACT
2025-01-30
Project AgeDERIVED
1643 days
Days OverdueDERIVED
577 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
EWS Plot Situated at Survey no. 32/282/32/1/1/Kh, 32/282/32/1/1/G, 32/282/32/1/1/Gh, 32/282/34/2, 32/1/2 at Raslakhedi Teshsil Hujur, District Bhopal
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
GNEXT TRADING COMPANY PRIVATE LIMITED
Entity TypeFACT
Company
GNEXT TRADING COMPANY PRIVATE LIMITED2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 50.93% across 322 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 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

80 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Building Permission Authority
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(68)
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Engr Certificate
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule B
  • 📄 Schedule C2
  • 📄 Schedule C3
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Stilt Base Parking
  • 📄 Project document
  • 📄 Project document
FINANCIAL(2)
  • 📄 Ca Certificate
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan

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 CORAL HEIGHTS.

View all Indore projects →
ONGOING
📍 2.5 km

MS CORAL VALLEY

Promoter: GNEXT TRADING COMPANY PRIVATE LIMITED

Expected: 2026-03-28Inspect →
ONGOING
📍 2.5 km

SAHIL SIDDHI VINAYAK TOWER

Promoter: GNEXT TRADING COMPANY PRIVATE LIMITED

Expected: 2017-12-31Inspect →

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-22-3484
✓Promoter identityFoundGNEXT TRADING COMPANY PRIVATE LIMITED
✓Proposed completion dateFound2025-01-30
!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 statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
3
Completed
0
Extensions / delays
0
Cities represented
2
MS CORAL VALLEYONGOINGSAHIL SIDDHI VINAYAK TOWERONGOINGCORAL HEIGHTSONGOING

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for CORAL HEIGHTS

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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