MAHANKA/Bhopal/RERA/PRIME AVENUE PHASE-I

PRIME AVENUE PHASE-ICOMPLETED

★Are you the official developer or sales mandate for PRIME AVENUE PHASE-I?
Data Provenance
Registration No
P-BPL-21-2881FACT
Project Name
PRIME AVENUE PHASE-IFACT
Status
COMPLETEDFACT
Promoter
BALAJEE ASSOCIATESFACT
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
PRIME AVENUE PHASE-I
Registration NumberFACT
P-BPL-21-2881
Project StatusFACT
COMPLETED
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
BALAJEE ASSOCIATES
Estimated Land CostFACT
—
Estimated Construction CostFACT
—
Construction Cost / UnitDERIVED
—
Across 21 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

21Total Units
SOLD UNITSFACT
21 (—)
REMAINING UNITSFACT
0 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 21 registered units, with 21 sold and 0 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
ReidentialPlot110100%
Reidential-2Plot110100%
Reidential-3Plot110100%
Reidential-4Plot110100%
Reidential-5Plot110100%
Reidential-6Plot110100%
Reidential-7Plot110100%
Reidential-8Plot110100%
Reidential-9Plot110100%
Reidential-10Plot110100%
CommercialPlot110100%
ReidentialIndividual house880100%
Reidential-13Individual house220100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2020-01-01
Proposed CompletionFACT
2023-03-31
Project AgeDERIVED
2431 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KHASRA No. 94/1 GRAM SANKHEDI BEHIND KEMP FORT SCHOOL BHOPAL
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
BALAJEE ASSOCIATES
Entity TypeFACT
Partnership Firm / LLP
BALAJEE ASSOCIATES1 Total Indexed Projects
COMPLETED0
ONGOING1
EXTENDED0
OVERDUE0
Portfolio Absorption: 0% across 61 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 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

OTHER(69)
  • 📄 Project document
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Common Area Facilities
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Schedule A
  • 📄 Schedule B
  • 📄 Schedule C
  • 📄 Schedule C1
  • 📄 Schedule C3
  • 📄 Schedule D
  • 📄 Schedule E
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
APPROVAL(5)
  • 📄 Approval Town Country Planning
  • 📄 Building Permission Authority
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
FINANCIAL(1)
  • 📄 Engineer's Certificate

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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as PRIME AVENUE PHASE-I.

View all Bhopal projects →
ONGOING
📍 2.5 km

PRIME AVENUE PHASE-3

Promoter: BALAJEE ASSOCIATES

RERA ActiveInspect →
ONGOING
📍 2.5 km

PRIME AVENUE PHASE-2

Promoter: BALAJEE ASSOCIATES

Expected: 2024-12-31Inspect →
COMPLETED
📍 2.5 km

PRIME AVENUE PHASE-3

Promoter: BALAJEE ASSOCIATES

Expected: 2025-05-23Inspect →
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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 PRIME AVENUE PHASE-I

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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