MAHANKA/Indore/RERA/PALASH PARISAR PHASE-2

PALASH PARISAR PHASE-2COMPLETED

★Are you the official developer or sales mandate for PALASH PARISAR PHASE-2?
Data Provenance
Registration No
P-IND-19-2276FACT
Project Name
PALASH PARISAR PHASE-2FACT
Status
COMPLETEDFACT
Promoter
INDORE MUNICIPAL CORPORATIONFACT
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
PALASH PARISAR PHASE-2
Registration NumberFACT
P-IND-19-2276
Project StatusFACT
COMPLETED
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
Indore Municipal Corporation
Estimated Land CostFACT
—
Estimated Construction CostFACT
₹7,321.15 Lakh
Construction Cost / UnitDERIVED
₹7.82 Lakh
Across 936 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

936Total Units
SOLD UNITSFACT
459 (49.04%)
REMAINING UNITSFACT
477 (50.96%)
ABSORPTION RATEDERIVED
49.04%

Mahanka inventory observation: The statutory registry records 936 registered units, with 459 sold and 477 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
56.37Apartment93645947749.04%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2018-10-05
Proposed CompletionFACT
2023-10-04
Project AgeDERIVED
2886 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Palash Parisar Phase-2, Near Omaxe City, Nihalpurmundi, Indore
Matched LocalityMATCHED
UNMATCHED
Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
INDORE MUNICIPAL CORPORATION
Entity TypeFACT
Government/Semi Government Agency
INDORE MUNICIPAL CORPORATION18 Total Indexed Projects
COMPLETED3
ONGOING12
EXTENDED3
OVERDUE6
Portfolio Absorption: 77.08% across 16,710 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

344 categorized public files

OTHER(10)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Development Team Details
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(3)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Building Permission Authority
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
PHOTOGRAPH(63)
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023

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: 2026-08-15T20:43:06.913Z
  • 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 PALASH PARISAR PHASE-2.

View all Indore projects →
EXTENDED
📍 2.5 km

DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAY

Promoter: INDORE MUNICIPAL CORPORATION

Expected: 2024-12-31Inspect →
COMPLETED
📍 2.5 km

LIGHT HOUSE PROJECT INDORE

Promoter: INDORE MUNICIPAL CORPORATION

Expected: 2025-09-30Inspect →
ONGOING
📍 2.5 km

HOUSING FOR ALL UNDER PRADHAN MANTRI AWAS YOJNA PMAY KSHIPRA PARISAR PART B

Promoter: INDORE MUNICIPAL CORPORATION

Expected: 2027-07-30Inspect →
ONGOING
📍 2.5 km

KSHIPRA PARISAR PART A

Promoter: INDORE MUNICIPAL CORPORATION

RERA ActiveInspect →
ONGOING
📍 2.5 km

TAPTI PARISAR PHASE-I (VARIOUS SITE)

Promoter: INDORE MUNICIPAL CORPORATION

Expected: 2027-02-14Inspect →
ONGOING
📍 2.5 km

TAPTI PARISAR PHASE-II

Promoter: INDORE MUNICIPAL CORPORATION

Expected: 2027-02-14Inspect →

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 2023 - Jun 2023
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-19-2276
✓Promoter identityFoundINDORE MUNICIPAL CORPORATION
✓Proposed completion dateFound2023-10-04
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2023 - Jun 2023 · 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 statusFoundCOMPLETED

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
18
Completed
3
Extensions / delays
3
Cities represented
1
DEVELOPMENT OF RESIDENTIAL TOWNSHIP AT SATPURA PARISAR, BADA BNAGARDA INDORE UNDER PMAYEXTENDEDLIGHT HOUSE PROJECT INDORECOMPLETEDHOUSING FOR ALL UNDER PRADHAN MANTRI AWAS YOJNA PMAY KSHIPRA PARISAR PART BONGOINGKSHIPRA PARISAR PART AONGOINGTAPTI PARISAR PHASE-I (VARIOUS SITE)ONGOINGTAPTI PARISAR PHASE-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 PALASH PARISAR PHASE-2

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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