Is PARAM GREENS in Indore registered with MP RERA?

Yes, PARAM GREENS is an official MP RERA registered project (Registration No: P-IND-22-3694). The project is promoted by RAM LAXMI CREATIONS and is currently marked as COMPLETED.

Who is the developer of PARAM GREENS?

PARAM GREENS is developed by RAM LAXMI CREATIONS, an active real estate promoter in Indore, Madhya Pradesh.

PARAM GREENS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for PARAM GREENS?

Data Provenance

Registration No

P-IND-22-3694FACT

Project Name

PARAM GREENSFACT

Status

COMPLETEDFACT

Promoter

RAM LAXMI CREATIONSFACT

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

PARAM GREENS

Registration NumberFACT

P-IND-22-3694

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

Owned by the promoter M/s Ram Laxmi Creations.

Estimated Land CostFACT

₹167 Lakh

Estimated Construction CostFACT

₹298.45 Lakh

Construction Cost / UnitDERIVED

₹1.88 Lakh

Across 159 registered units

Postal PincodeFACT

452016

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

159Total Units

SOLD UNITSFACT

78 (49.06%)

REMAINING UNITSFACT

81 (50.94%)

ABSORPTION RATEDERIVED

49.06%

Mahanka inventory observation: The statutory registry records 159 registered units, with 78 sold and 81 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
LIG Plots	Plot	6	6	0	100%
Commercial cum Residential Plots	Plot	12	4	8	33.33%
Residential Plots	Plot	129	61	68	47.29%
EWS Plots	Plot	12	7	5	58.33%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2022-08-01

Proposed CompletionFACT

2025-01-03

Project AgeDERIVED

1488 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

Khasra No. 50/1, 50/2, 51/1, 51/2/1, 51/2/2, gram Rajdhara, Tehsil Bicholi Hapsi, District Indore, MP 452016.

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

RAM LAXMI CREATIONS

Entity TypeFACT

Partnership Firm / LLP

RAM LAXMI CREATIONS2 Total Indexed Projects

COMPLETED1

ONGOING1

EXTENDED0

OVERDUE0

Portfolio Absorption: 24.53% across 318 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

122 categorized public files

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(37)

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: 2026-08-15T20:39:36.066Z

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 PARAM GREENS.

View all Indore projects →

ONGOING

📍 2.5 km

PARAM GREENS

Promoter: RAM LAXMI CREATIONS

RERA ActiveInspect →

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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 PARAM GREENS

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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