MAHANKA/Indore/RERA/SPRING FIELD

SPRING FIELDONGOING

★Are you the official developer or sales mandate for SPRING FIELD?
Data Provenance
Registration No
—FACT
Project Name
SPRING FIELDFACT
Status
ONGOINGFACT
Promoter
RABSUKH 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
SPRING FIELD
Registration NumberFACT
Not published
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
Ravindra Saluja, Daljeet Kaur, Manjeet Kaur, Rupinder Kaur
Estimated Land CostFACT
₹714.72 Lakh
Estimated Construction CostFACT
₹65.93 Lakh
Construction Cost / UnitDERIVED
₹2.44 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
0 (0%)
REMAINING UNITSFACT
27 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 27 registered units, with 0 sold and 27 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
ResidentialPlot3—3—
Residential-2Plot1—1—
Residential-3Plot6—6—
Residential-4Plot3—3—
Residential-5Plot1—1—
Residential-6Plot9—9—
Residential-7Plot1—1—
Residential-8Plot2—2—
Residential-9Plot1—1—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2021-12-01
Proposed CompletionFACT
2024-11-30
Project AgeDERIVED
1731 days
Days OverdueDERIVED
636 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. 857/1, 857/2, 857/3 Village Bijalpur, Tehsil & District Indore
Matched LocalityMATCHED
Bijalpur
Tier: EXACT (97% conf.)

Match Evidence: RERA village 'bijalpur' equals locality 'Bijalpur'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
RABSUKH ENTERPRISES
Entity TypeFACT
Partnership Firm / LLP
RABSUKH ENTERPRISES9 Total Indexed Projects
COMPLETED2
ONGOING7
EXTENDED0
OVERDUE2
Portfolio Absorption: 12.06% across 688 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹25,000 / sqm
Multi-Story ResidentialMATCHED
₹30,000 / sqm
Commercial OfficeMATCHED
₹48,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bijalpur

20 Peers in LocalityAvg Peer Absorption: 39%
ProjectPromoterStatusUnitsAbsorptionCompletion
GOLD VISTAgold-vistaCOMPLETED2556%2024-12-01
SHANTI ALNIMAHdevcon-radhikaONGOING———
NIRVANA PRIMEco-mandhwani-mandhwani-mandhwani-pinanlal-promoter-sandeep-sarlaONGOING70%2022-12-31
OPERA GREENSrealmart-unitedCOMPLETED40100%2018-07-10
RCM PRIMEanandam-estatesCOMPLETED2536%2023-06-30
ALI TOWNSHIP PHASE-1estate-msd-realCOMPLETED28248.23%2022-03-30
TIRUMALA ADDRESStargetONGOING51312.28%2022-02-28
AVASA GRANDEpvt-shri-shristiCOMPLETED18550.27%2025-12-10

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 YearsNO

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

10. Indexed Statutory DocumentsFACT

28 categorized public files

OTHER(19)
  • 📄 Project document
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Other Documents
  • 📄 Schedule B
  • 📄 Schedule C1
  • 📄 Development Team Details
  • 📄 Agent Details
  • 📄 Open Parking
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index
promoterPRESENT
timelinePRESENT
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:34:37.787Z
  • Registration number is missing from the RERA source listing.
  • 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)

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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 SPRING FIELD

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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