Is PALM CORRIDOR PHASE -2 in Indore registered with MP RERA?

Yes, PALM CORRIDOR PHASE -2 is an official MP RERA registered project (Registration No: P-IND-23-4148). The project is promoted by L A INFRACON LLP and is currently marked as ONGOING.

Who is the developer of PALM CORRIDOR PHASE -2?

PALM CORRIDOR PHASE -2 is developed by L A INFRACON LLP, an active real estate promoter in Indore, Madhya Pradesh.

PALM CORRIDOR PHASE -2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for PALM CORRIDOR PHASE -2?

Data Provenance

Registration No

P-IND-23-4148FACT

Project Name

PALM CORRIDOR PHASE -2FACT

Status

ONGOINGFACT

Promoter

L A INFRACON LLPFACT

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

PALM CORRIDOR PHASE -2

Registration NumberFACT

P-IND-23-4148

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

L A Infracon LLP

Estimated Land CostFACT

₹257.26 Lakh

Estimated Construction CostFACT

₹476.6 Lakh

Construction Cost / UnitDERIVED

₹1.81 Lakh

Across 263 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

263Total Units

SOLD UNITSFACT

112 (42.59%)

REMAINING UNITSFACT

151 (57.41%)

ABSORPTION RATEDERIVED

42.59%

Mahanka inventory observation: The statutory registry records 263 registered units, with 112 sold and 151 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential	Plot	120	91	29	75.83%
Residential-2	Plot	53	13	40	24.53%
Residential-3	Plot	47	8	39	17.02%
EWS	Plot	15	0	15	0%
LIG	Plot	12	0	12	0%
Shops cum residential	Plot	16	0	16	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2023-05-01

Proposed CompletionFACT

2026-04-25

Project AgeDERIVED

1215 days

Days OverdueDERIVED

125 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey no. 300/1 and 300/3 at village Rajoda, Tehsil Sanwer and District Indore, MP

Matched LocalityMATCHED

Rajoda *

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

L A INFRACON LLP

Entity TypeFACT

Partnership Firm / LLP

L A INFRACON LLP2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE2

Portfolio Absorption: 55.28% across 644 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 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

118 categorized public files

OTHER(37)

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(34)

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: 2026-08-15T20:44:13.171Z

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 PALM CORRIDOR PHASE -2.

View all Indore projects →

ONGOING

📍 2.5 km

PALM CORRIDOR

Promoter: L A INFRACON LLP

Expected: 2025-11-30Inspect →

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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.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for PALM CORRIDOR 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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