MAHANKA/Indore/RERA/PRASHANT SAGAR BLOCK-B

PRASHANT SAGAR BLOCK-BONGOING

★Are you the official developer or sales mandate for PRASHANT SAGAR BLOCK-B?
Data Provenance
Registration No
P-IND-19-2323FACT
Project Name
PRASHANT SAGAR BLOCK-BFACT
Status
ONGOINGFACT
Promoter
PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.FACT
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
PRASHANT SAGAR BLOCK-B
Registration NumberFACT
P-IND-19-2323
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
Smt. Sagar B Patel, Smt. Malka B Patel, Smt. Hamida B. Patel, Mr. Yusuf Patel, Mr. Amin Patel, Mr. Irfan Patel
Estimated Land CostFACT
—
Estimated Construction CostFACT
₹650 Lakh
Construction Cost / UnitDERIVED
₹13.54 Lakh
Across 48 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

48Total Units
SOLD UNITSFACT
0 (0%)
REMAINING UNITSFACT
48 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 48 registered units, with 0 sold and 48 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
ResidentialApartment480480%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2019-02-19
Proposed CompletionFACT
2022-02-19
Project AgeDERIVED
2747 days
Days OverdueDERIVED
1651 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KHASRA NO.1159/1, 1159/2, 1160/1, 1164/1, VILLAGE KHAJRANA, TEHSIL AND DISTRICT INDORE (M.P.)
Matched LocalityMATCHED
Prashant Sagar
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Prashant Sagar' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.
Entity TypeFACT
Company
PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.2 Total Indexed Projects
COMPLETED0
ONGOING2
EXTENDED0
OVERDUE2
Portfolio Absorption: 47.92% across 144 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹14,600 / sqm
Multi-Story ResidentialMATCHED
₹25,000 / sqm
Commercial OfficeMATCHED
₹37,200 / sqm

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

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 ProjectFLAGGED
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

43 categorized public files

PHOTOGRAPH(15)
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Jul 2020 - Sep 2020
  • 📄 Jul 2020 - Sep 2020
  • 📄 Jul 2020 - Sep 2020
  • 📄 Jul 2020 - Sep 2020
  • 📄 Jul 2020 - Sep 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Oct 2020 - Dec 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
  • 📄 Apr 2020 - Jun 2020
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Building Permission Authority
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(19)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Brochure
  • 📄 Development Team Details
  • 📄 Apartment Details
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan

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: 2026-08-15T20:37:29.317Z
  • 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 PRASHANT SAGAR BLOCK-B.

View all Indore projects →
ONGOING
📍 2.5 km

PRASHANTSAGAR

Promoter: PRASHANT SAGAR BUILDERS & DEVELOPERS PVT. LTD.

Expected: 2018-08-01Inspect →
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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 PRASHANT SAGAR BLOCK-B

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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