MAHANKA/Bhopal/RERA/PALM SPRINGS

PALM SPRINGSONGOING

★Are you the official developer or sales mandate for PALM SPRINGS?
Data Provenance
Registration No
P-BPL-22-3649FACT
Project Name
PALM SPRINGSFACT
Status
ONGOINGFACT
Promoter
ASNANI LIFESPACES PRIVATE LIMITEDFACT
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
PALM SPRINGS
Registration NumberFACT
P-BPL-22-3649
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
Bhopal
Land OwnershipFACT
ASNANI LIFESPACES PRIVATE LIMITED, M/S. SARVKRIPA ENTERPRISES AND SHRI VISHAN DAS ASNANI
Estimated Land CostFACT
₹85.54 Lakh
Estimated Construction CostFACT
₹384.39 Lakh
Construction Cost / UnitDERIVED
₹3.2 Lakh
Across 120 registered units
Postal PincodeFACT
462043

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

120Total Units
SOLD UNITSFACT
52 (—)
REMAINING UNITSFACT
68 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 120 registered units, with 52 sold and 68 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
1Plot1010%
2Plot1010%
3Plot1010%
4Plot1010%
5Plot1010%
6Plot1010%
7Plot1010%
8Plot1010%
9Plot1010%
10Plot1010%
11Plot1010%
12Plot1010%
13Plot1010%
14Plot1010%
15Plot1010%
16Plot1010%
17Plot1010%
18Plot1010%
19 TO 33Plot159660%
34Plot110100%
35 TO 43Plot9090%
44Plot1010%
45Plot1010%
46 TO 54Plot98188.89%
55 TO 63Plot990100%
64Plot1010%
65Plot1010%
66 TO 74Plot990100%
75Plot1010%
76 TO 78Plot330100%
79Plot110100%
80Plot110100%
81 TO 83Plot330100%
84Plot1010%
85 TO 93Plot97277.78%
94Plot110100%
95Plot1010%
96 TO 104Plot9090%
E1Plot1010%
E2Plot1010%
E3Plot1010%
E4Plot1010%
E5Plot1010%
E6Plot1010%
E7Plot1010%
E8Plot1010%
E9Plot1010%
E10Plot1010%
L1Plot1010%
L2Plot1010%
L3Plot1010%
L4Plot1010%
L5Plot1010%
L6Plot1010%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2022-10-01
Proposed CompletionFACT
2027-04-17
Project AgeDERIVED
1427 days
Days to CompletionDERIVED
232 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KHASRA NO. 229/1/1, 229/2, 230/3 AND 242/2, PATWARI HALKA NO.-1, VILLAGE-KATARA, TEHSIL-KOLAR, DISTT.- BHOPAL (M.P.) PIN-462043
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
ASNANI LIFESPACES PRIVATE LIMITED
Entity TypeFACT
Company

Promoter portfolio rollups not yet indexed for this single entity.

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

80 categorized public files

REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(4)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
OTHER(64)
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule C1
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate
PHOTOGRAPH(7)
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026
  • 📄 Apr 2026 - Jun 2026

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • 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.
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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 PALM SPRINGS

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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