MAHANKA/Indore/RERA/PRAGATI TOWER

PRAGATI TOWERONGOING

★Are you the official developer or sales mandate for PRAGATI TOWER?
Data Provenance
Registration No
P-JBP-18-2007FACT
Project Name
PRAGATI TOWERFACT
Status
ONGOINGFACT
Promoter
PRAGATI BUILDERS & DEVELOPERSFACT
Locality Link
UNMATCHEDNOT ASSESSED
Coordinates
Not available from sourceNOT ASSESSED
Last verified: 17 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT
PRAGATI TOWER
Registration NumberFACT
P-JBP-18-2007
Project StatusFACT
ONGOING
Project Type (Portal)FACT
New
First Seen in IndexDERIVED
17/8/2026
Last CrawledDERIVED
17/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT
Jabalpur
Land OwnershipFACT
DEVELOPMENT AGREEMENT
Estimated Land CostFACT
₹4.18 Lakh
Estimated Construction CostFACT
₹525.82 Lakh
Construction Cost / UnitDERIVED
₹19.47 Lakh
Across 27 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

27Total Units
SOLD UNITSFACT
26 (—)
REMAINING UNITSFACT
1 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 27 registered units, with 26 sold and 1 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
1365Garage/Parking1010%
FLATOther26260100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2018-10-01
Proposed CompletionFACT
2020-09-30
Project AgeDERIVED
2889 days
Days OverdueDERIVED
2159 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Jabalpur
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KH NO 612, 613,626 PH NO 29 SHEET NO 605 VILLAGE GORAKHPUR
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
PRAGATI BUILDERS & DEVELOPERS
Entity TypeFACT
Partnership Firm / LLP
PRAGATI DEVELOPER3 Total Indexed Projects
COMPLETED0
ONGOING3
EXTENDED0
OVERDUE3
Portfolio Absorption: 53.4% across 1,178 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 YearsYES

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

10. Indexed Statutory DocumentsFACT

80 categorized public files

OTHER(62)
  • 📄 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
  • 📄 Brochure
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Project document
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit Cum Declaration
APPROVAL(6)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
ALLOTMENT(2)
  • 📄 Draft Agreement
  • 📄 Draft Agreement
BUILDING_PLAN(2)
  • 📄 Sanction Building Plan
  • 📄 Sanction Building Plan
LAYOUT_PLAN(2)
  • 📄 Sanction Layout Plan
  • 📄 Sanction Layout Plan
FINANCIAL(2)
  • 📄 Engineer's Certificate
  • 📄 Engineer's Certificate
PHOTOGRAPH(2)
  • 📄 Jul 2020 - Sep 2020
  • 📄 Jul 2020 - Sep 2020

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT17/8/2026
  • NEW_PROJECT17/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

—%Completeness Index
Formula Version: 1.0.0
Audit Timestamp: —
  • 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 PRAGATI TOWER.

View all Indore projects →
ONGOING
📍 2.5 km

PREMIUM PARK EXT PHASE II

Promoter: PRAGATI DEVELOPER

Expected: 2021-09-30Inspect →
ONGOING
📍 2.5 km

PREMIUM PARADISE PHASE II

Promoter: PRAGATI DEVELOPER

Expected: 2021-03-31Inspect →
ONGOING
📍 2.5 km

PREMIUM PRIDE

Promoter: PRAGATI DEVELOPER

Expected: 2021-03-31Inspect →

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
No APR found in indexed source
Not found in indexed 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-JBP-18-2007
✓Promoter identityFoundPRAGATI BUILDERS & DEVELOPERS
✓Proposed completion dateFound2020-09-30
!Latest QPRReviewNo QPR was found in the indexed source.
!Latest APRReviewNo APR was found in the indexed source.
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview2 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
4
Completed
0
Extensions / delays
0
Cities represented
2
PREMIUM PARK EXT PHASE IIONGOINGPREMIUM PARADISE PHASE IIONGOINGPREMIUM PRIDEONGOINGPRAGATI TOWERONGOING

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for PRAGATI TOWER

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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