Is SAIFEE PARK in Indore registered with MP RERA?

Yes, SAIFEE PARK is an official MP RERA registered project (Registration No: P-IND-19-2094). The project is promoted by BEACON ENTERPRISES and is currently marked as ONGOING.

Who is the developer of SAIFEE PARK?

SAIFEE PARK is developed by BEACON ENTERPRISES, an active real estate promoter in Indore, Madhya Pradesh.

SAIFEE PARK MP RERA Registration & Project Record

★Are you the official developer or sales mandate for SAIFEE PARK?

Data Provenance

Registration No

P-IND-19-2094FACT

Project Name

SAIFEE PARKFACT

Status

ONGOINGFACT

Promoter

BEACON ENTERPRISESFACT

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

SAIFEE PARK

Registration NumberFACT

P-IND-19-2094

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

Beacon Enterprises

Estimated Land CostFACT

₹325 Lakh

Estimated Construction CostFACT

₹2,700 Lakh

Construction Cost / UnitDERIVED

₹16.07 Lakh

Across 168 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

168Total Units

SOLD UNITSFACT

40 (23.81%)

REMAINING UNITSFACT

128 (76.19%)

ABSORPTION RATEDERIVED

23.81%

Mahanka inventory observation: The statutory registry records 168 registered units, with 40 sold and 128 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
One BHK	Apartment	84	37	47	44.05%
Two BHK	Apartment	84	3	81	3.57%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2018-10-10

Proposed CompletionFACT

2023-10-10

Project AgeDERIVED

2881 days

Days OverdueDERIVED

1055 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 104/2 vill- Sirpur tehsil and dist -indore

Matched LocalityMATCHED

Sirpur

Tier: STRONG (86% conf.)

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

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

BEACON ENTERPRISES

Entity TypeFACT

Partnership Firm / LLP

BEACON ENTERPRISES1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 23.81% across 168 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹19,000 / sqm

Multi-Story ResidentialMATCHED

₹30,000 / sqm

Commercial OfficeMATCHED

₹43,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Sirpur

3 Peers in LocalityAvg Peer Absorption: 43%

Project	Promoter	Status	Units	Absorption	Completion
BALAJI REGENCY	balaji-india-shree	ONGOING	88	79.55%	2018-12-31
ROSEWOOD INDUSTRIAL PARK	enterprises-rabsukh	ONGOING	15	6.67%	2027-03-31
ROYAL GREEN	abdul-baki-mr	ONGOING	—	—	2026-11-07

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

350 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

APPROVAL(6)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

OTHER(14)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(1)

📄 Floor Plan

PHOTOGRAPH(55)

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: 2026-08-15T20:37:09.686Z

Coordinates are not published by MP RERA and are not invented.
Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

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 2022 - Jun 2022

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-19-2094

Promoter identityFoundBEACON ENTERPRISES

Proposed completion dateFound2023-10-10

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2022 - Jun 2022 · 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 statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

SAIFEE PARKONGOING

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

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SAIFEE PARK

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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