Is GRAND BELI PARK (PHASE 2) in Indore registered with MP RERA?

Yes, GRAND BELI PARK (PHASE 2) is an official MP RERA registered project (Registration No: P-DPL-22-3531). The project is promoted by BABLU PATEL and is currently marked as ONGOING.

Who is the developer of GRAND BELI PARK (PHASE 2)?

GRAND BELI PARK (PHASE 2) is developed by BABLU PATEL, an active real estate promoter in Indore, Madhya Pradesh.

GRAND BELI PARK (PHASE 2) | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for GRAND BELI PARK (PHASE 2)?

Data Provenance

Registration No

P-DPL-22-3531FACT

Project Name

GRAND BELI PARK (PHASE 2)FACT

Status

ONGOINGFACT

Promoter

BABLU PATELFACT

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

GRAND BELI PARK (PHASE 2)

Registration NumberFACT

P-DPL-22-3531

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

Depalpur

Land OwnershipFACT

Part of Land is owned by Promoter, and for Part of Land Promoter entered into Registered Development agreement with Landowner Smt. Jubeda Patel W/o Bablu Patel

Estimated Land CostFACT

₹52.15 Lakh

Estimated Construction CostFACT

₹275 Lakh

Construction Cost / UnitDERIVED

₹1.42 Lakh

Across 193 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

193Total Units

SOLD UNITSFACT

76 (39.38%)

REMAINING UNITSFACT

117 (60.62%)

ABSORPTION RATEDERIVED

39.38%

Mahanka inventory observation: The statutory registry records 193 registered units, with 76 sold and 117 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
EWS Plots	Plot	10	0	10	0%
General Residential Plots	Plot	166	76	90	45.78%
LIG Plots	Plot	7	0	7	0%
Shop Cum Residential Plots	Plot	10	0	10	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-04-01

Proposed CompletionFACT

2025-03-31

Project AgeDERIVED

1610 days

Days OverdueDERIVED

515 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Khasra no. 122/1/2, 124/2, 125/2 and 126/2 Total Land Area 2.3720 Hectares, at Village Badipura, Tehsil Depalpur & District Indore (MP)

Matched LocalityMATCHED

Badipura

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'badipura' equals locality 'Badipura'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

BABLU PATEL

Entity TypeFACT

Individual

BABLU PATEL3 Total Indexed Projects

COMPLETED0

ONGOING3

EXTENDED0

OVERDUE1

Portfolio Absorption: 39.38% across 193 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹8,000 / sqm

Multi-Story ResidentialMATCHED

₹0 / sqm

Commercial OfficeMATCHED

₹21,600 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Badipura

5 Peers in LocalityAvg Peer Absorption: 63%

Project	Promoter	Status	Units	Absorption	Completion
SUNDER VIHAR	kokila	ONGOING	—	—	—
VIRAJ CITY	pendrawala	ONGOING	210	50.48%	2025-07-06
GRAND BELI PARK PHASE - I	bablu-patel	ONGOING	—	—	2027-02-28
SUNDER VIHAR	kokila	ONGOING	—	—	2027-01-01
SAI BAGH PHASE II	estate-pvt-tds	ONGOING	194	75.77%	2022-09-30

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 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

212 categorized public files

OTHER(18)

APPROVAL(4)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(53)

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: 2026-08-15T20:39:15.888Z

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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