Is GRAND BELI PARK PHASE - I in Indore registered with MP RERA?

Yes, GRAND BELI PARK PHASE - I is an official MP RERA registered project (Registration No: P-DPL-24-5221). The project is promoted by BABLU PATEL and is currently marked as ONGOING.

Who is the developer of GRAND BELI PARK PHASE - I?

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

GRAND BELI PARK PHASE - I | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for GRAND BELI PARK PHASE - I?

Data Provenance

Registration No

P-DPL-24-5221FACT

Project Name

GRAND BELI PARK PHASE - IFACT

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 - I

Registration NumberFACT

P-DPL-24-5221

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

Land Owned by Promoter Mr. Bablu Patel Himself

Estimated Land CostFACT

₹39.86 Lakh

Estimated Construction CostFACT

₹430 Lakh

Construction Cost / UnitDERIVED

—

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

—Total Units

SOLD UNITSFACT

— (—)

REMAINING UNITSFACT

— (—)

ABSORPTION RATEDERIVED

—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2024-04-01

Proposed CompletionFACT

2027-02-28

Project AgeDERIVED

879 days

Days to CompletionDERIVED

184 days remaining

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. 121/1, 122/1/1/2, 123 and 88, admeasuring 3.029 Hectares Total land area (2.724 Hect area applied for permission), out of which 2.405 Hect Net Scheme Area Village Badipura, Tehsil Depalpur and 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: 55%

Project	Promoter	Status	Units	Absorption	Completion
SUNDER VIHAR	kokila	ONGOING	—	—	—
GRAND BELI PARK (PHASE 2)	bablu-patel	ONGOING	193	39.38%	2025-03-31
VIRAJ CITY	pendrawala	ONGOING	210	50.48%	2025-07-06
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 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

109 categorized public files

APPROVAL(4)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

OTHER(43)

REGISTRATION(2)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

PHOTOGRAPH(28)

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

inventoryMISSING

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:42:05.183Z

Inventory unit counts were not reported in the RERA project filing.
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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