MAHANKA/Indore/RERA/OYSTER GREEN MOUNT CITY II

OYSTER GREEN MOUNT CITY IIONGOING

★Are you the official developer or sales mandate for OYSTER GREEN MOUNT CITY II?
Data Provenance
Registration No
P-IND-19-2446FACT
Project Name
OYSTER GREEN MOUNT CITY IIFACT
Status
ONGOINGFACT
Promoter
BLUE HEIGHT DEVELOPERS PVT. LTDFACT
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
OYSTER GREEN MOUNT CITY II
Registration NumberFACT
P-IND-19-2446
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
blue heights developers pvt ltd
Estimated Land CostFACT
₹1,767.98 Lakh
Estimated Construction CostFACT
₹873.33 Lakh
Construction Cost / UnitDERIVED
₹9.49 Lakh
Across 92 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

92Total Units
SOLD UNITSFACT
49 (53.26%)
REMAINING UNITSFACT
43 (46.74%)
ABSORPTION RATEDERIVED
53.26%

Mahanka inventory observation: The statutory registry records 92 registered units, with 49 sold and 43 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
residentialPlot92494353.26%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2019-10-15
Proposed CompletionFACT
2022-10-14
Project AgeDERIVED
2511 days
Days OverdueDERIVED
1416 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
176/271,171/2, gram mirjapur, teh. & dist. Indore
Matched LocalityMATCHED
Mirjapur
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'mirjapur' equals locality 'Mirjapur'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
BLUE HEIGHT DEVELOPERS PVT. LTD
Entity TypeFACT
Company
BLUE HEIGHT DEVELOPERS PVT. LTD1 Total Indexed Projects
COMPLETED0
ONGOING1
EXTENDED0
OVERDUE1
Portfolio Absorption: 53.26% across 92 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹5,000 / sqm
Multi-Story ResidentialMATCHED
₹0 / sqm
Commercial OfficeMATCHED
₹17,600 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Mirjapur

4 Peers in LocalityAvg Peer Absorption: 47%
ProjectPromoterStatusUnitsAbsorptionCompletion
OYSTER GREEN MOUNTbuildtech-gmiONGOING7369.86%2025-12-13
OYSTER GREEN MOUNT CITY PHASE-9exim-oyster-pvtONGOING2218.18%2026-09-10
OYSTER GREENMOUNT CITY - II EXTENSIONbuilding-india-oysterONGOING——2027-04-03
G.K. GREENestate-gurukripa-realONGOING25251.98%2027-03-18

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.

10. Indexed Statutory DocumentsFACT

278 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(8)
  • 📄 Schedule E
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Schedule C
  • 📄 Project document
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(63)
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
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  • 📄 Jul 2024 - Sep 2024
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025
  • 📄 Jan 2025 - Mar 2025

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: 2026-08-15T20:37:44.861Z
  • Coordinates are not published by MP RERA and are not invented.
  • Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

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 2026 - Jun 2026
Fresh source capture14 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-IND-19-2446
✓Promoter identityFoundBLUE HEIGHT DEVELOPERS PVT. LTD
✓Proposed completion dateFound2022-10-14
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2026 - Jun 2026 · 14 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
1
Completed
0
Extensions / delays
0
Cities represented
1
OYSTER GREEN MOUNT CITY IIONGOING

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for OYSTER GREEN MOUNT CITY II

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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