MAHANKA/Indore/RERA/OCEAN PARK

OCEAN PARKONGOING

★Are you the official developer or sales mandate for OCEAN PARK?
Data Provenance
Registration No
P-IND-23-4417FACT
Project Name
OCEAN PARKFACT
Status
ONGOINGFACT
Promoter
RABSUKH ENTERPRISESFACT
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
OCEAN PARK
Registration NumberFACT
P-IND-23-4417
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
Anusuiyabai Patel, Beniram, Gulab Patel, Laxmibai Patel, Mahendra Patel, Maya Patel, Rachitabai, Ramakant Patel and Samandar Patel
Estimated Land CostFACT
₹1,535.02 Lakh
Estimated Construction CostFACT
₹621.24 Lakh
Construction Cost / UnitDERIVED
₹1.71 Lakh
Across 363 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

363Total Units
SOLD UNITSFACT
58 (15.98%)
REMAINING UNITSFACT
305 (84.02%)
ABSORPTION RATEDERIVED
15.98%

Mahanka inventory observation: The statutory registry records 363 registered units, with 58 sold and 305 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
ResidentialPlot134538139.55%
Residential-2Plot905855.56%
Residential-3Plot770770%
EWSPlot280280%
LIGPlot190190%
Shop cum ResidentialPlot150150%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE
Proposed StartFACT
2023-06-01
Proposed CompletionFACT
2027-05-31
Project AgeDERIVED
1184 days
Days to CompletionDERIVED
276 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Survey No.218/1, 218/2, 223/1, 223/2, 225/1, 236 at Village Limbodi, Tehsil Indore, District Indore
Matched LocalityMATCHED
Limbodi
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'limbodi' equals locality 'Limbodi'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
RABSUKH ENTERPRISES
Entity TypeFACT
Partnership Firm / LLP
RABSUKH ENTERPRISES9 Total Indexed Projects
COMPLETED2
ONGOING7
EXTENDED0
OVERDUE2
Portfolio Absorption: 12.06% across 688 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹11,500 / sqm
Multi-Story ResidentialMATCHED
₹22,500 / sqm
Commercial OfficeMATCHED
₹29,700 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Limbodi

16 Peers in LocalityAvg Peer Absorption: 33%
ProjectPromoterStatusUnitsAbsorptionCompletion
LAKE VIEWcreation-lakshyaONGOING———
SHANTI BASERAdevcon-radhikaONGOING6592.31%2022-12-31
LAKE VIEWcreation-lakshyaONGOING———
SAI CAMPUSrealities-saiONGOING280%2021-01-03
SHIV LOKmahakaleshwar-shriONGOING———
RAMAS VILLASenterprises-gajanand-shriONGOING140%2021-09-01
MAA SURAJ VIHARsatnamCOMPLETED16721.56%2021-01-24
PEACE POINT - 2chhabra-singh-varjinderONGOING2600%—

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

129 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(58)
  • 📄 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
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(13)
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Apr 2025 - Jun 2025
  • 📄 Jul 2024 - Sep 2024
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jul 2024 - Sep 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: 2026-08-15T20:40:59.826Z
  • 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 OCEAN PARK.

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Expected: 2027-03-31Inspect →
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Expected: 2024-11-30Inspect →
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📍 2.5 km

PEARL URBANE

Promoter: RABSUKH ENTERPRISES

Expected: 2027-04-30Inspect →
COMPLETED
📍 2.5 km

SAI SUDARSHAN CITY PHASE - 1

Promoter: RABSUKH ENTERPRISES

Expected: 2024-06-30Inspect →
ONGOING
📍 2.5 km

SAI SUDARSHAN CITY

Promoter: RABSUKH ENTERPRISES

Expected: 2023-10-01Inspect →
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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 OCEAN PARK

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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