Is PALM GREEN in Indore registered with MP RERA?

Yes, PALM GREEN is an official MP RERA registered project (Registration No: P-IND-22-3219). The project is promoted by PARUL DEVELOPERS and is currently marked as ONGOING.

Who is the developer of PALM GREEN?

PALM GREEN is developed by PARUL DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

PALM GREEN | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for PALM GREEN?

Data Provenance

Registration No

P-IND-22-3219FACT

Project Name

PALM GREENFACT

Status

ONGOINGFACT

Promoter

PARUL DEVELOPERSFACT

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

PALM GREEN

Registration NumberFACT

P-IND-22-3219

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

PAPUL DEVELOPERS

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹315 Lakh

Construction Cost / UnitDERIVED

₹2.03 Lakh

Across 155 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

155Total Units

SOLD UNITSFACT

88 (56.77%)

REMAINING UNITSFACT

67 (43.23%)

ABSORPTION RATEDERIVED

56.77%

Mahanka inventory observation: The statutory registry records 155 registered units, with 88 sold and 67 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Non-Residential	Commercial property	12	0	12	0%
Residendital Plot Gen	Plot	124	88	36	70.97%
Residential Plot LIG	Plot	11	0	11	0%
Residential Plot EWS	Plot	8	0	8	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-01-01

Proposed CompletionFACT

2023-12-31

Project AgeDERIVED

2431 days

Days OverdueDERIVED

971 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Kh.No 263/1, 263/2, 263/3, 259/3/3, 259/1/1, 259/2/1, 259/1/3, 259/1/2, 259/2/2, 259/2/3, 259/3/1, 259/3/2, 259/5/2/2, 259/5/2/1, 259/5/1 At Village Pipliya Kumar Teh & Dist. Indore (M.P)

Matched LocalityMATCHED

Palm Green

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

PARUL DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

PARUL DEVELOPERS1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 56.77% across 155 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 PassedYES

Formally Extended by AuthorityNO

High Remaining Inventory on Overdue ProjectNO

Project Age Over 5 YearsYES

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

10. Indexed Statutory DocumentsFACT

180 categorized public files

APPROVAL(4)

FINANCIAL(2)

REGISTRATION(2)

OTHER(57)

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(13)

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: 2026-08-15T20:34:35.583Z

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

City Directory

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for PALM GREEN

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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