MAHANKA/Indore/RERA/PRAGATI PARK-2

PRAGATI PARK-2COMPLETED

★Are you the official developer or sales mandate for PRAGATI PARK-2?
Data Provenance
Registration No
P-SWR-22-3625FACT
Project Name
PRAGATI PARK-2FACT
Status
COMPLETEDFACT
Promoter
MANOHAR MUKATIFACT
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
PRAGATI PARK-2
Registration NumberFACT
P-SWR-22-3625
Project StatusFACT
COMPLETED
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
Sanwer
Land OwnershipFACT
Self
Estimated Land CostFACT
—
Estimated Construction CostFACT
₹327 Lakh
Construction Cost / UnitDERIVED
₹7.11 Lakh
Across 46 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

46Total Units
SOLD UNITSFACT
29 (63.04%)
REMAINING UNITSFACT
17 (36.96%)
ABSORPTION RATEDERIVED
63.04%

Mahanka inventory observation: The statutory registry records 46 registered units, with 29 sold and 17 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
Plot No. 1-9Plot94544.44%
Plot No. 10-16Plot76185.71%
Plot No. 17Plot1010%
Plot No. 18-25Plot82625%
Plot No. 26-29Plot440100%
Plot No. 30-31Plot220100%
Plot No. 32-36Plot53260%
Plot No. 37-46Plot108280%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED
Proposed StartFACT
2022-01-01
Proposed CompletionFACT
2023-12-31
Project AgeDERIVED
1701 days
Days to CompletionDERIVED
—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
KHASARA NO. 4/1, 5 AND 6/1 AT GRAM NARVAR, TEHSIL AND DISTRICT INDORE
Matched LocalityMATCHED
Pragati Park-2
Tier: STRONG (86% conf.)

Match Evidence: Locality 'Pragati Park-2' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
MANOHAR MUKATI
Entity TypeFACT
Individual
MANOHAR MUKATI2 Total Indexed Projects
COMPLETED1
ONGOING1
EXTENDED0
OVERDUE0
Portfolio Absorption: 31.52% across 92 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED
₹15,000 / sqm
Multi-Story ResidentialMATCHED
₹23,000 / sqm
Commercial OfficeMATCHED
₹40,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Pragati Park-2 (Match Tier: STRONG).

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Pragati Park-2

1 Peers in LocalityAvg Peer Absorption: 0%
ProjectPromoterStatusUnitsAbsorptionCompletion
PRAGATI PARK-2manohar-mukatiONGOING460%—

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

92 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Approval Town Country Planning
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
REGISTRATION(2)
  • 📄 Affidavit
  • 📄 Affidavit Cum Declaration
OTHER(41)
  • 📄 Schedule F (Draft Brochure)
  • 📄 Brochure
  • 📄 Colonisers License
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Other Documents
  • 📄 Schedule C1
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
ALLOTMENT(1)
  • 📄 Draft Agreement
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(30)
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Jan 2024 - Mar 2024
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Oct 2023 - Dec 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jul 2023 - Sep 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Jan 2023 - Mar 2023
  • 📄 Apr 2023 - Jun 2023
  • 📄 Apr 2023 - Jun 2023

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: 2026-08-15T20:39:25.228Z
  • 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 PRAGATI PARK-2.

View all Indore projects →
ONGOING
📍 2.5 km

PRAGATI PARK-2

Promoter: MANOHAR MUKATI

RERA ActiveInspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

80 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
Apr 2023 - Jun 2023
Fresh source capture14 days since source capture
Open source ↗
Completion certificate
No certificate found in indexed source
Not found in indexed source

Freshness measures the age of Mahanka’s source capture. It does not certify statutory compliance or confirm that a filing was accepted by the authority.

Buyer due-diligence checklist

A source-led review path for this project.

✓RERA registration numberFoundP-SWR-22-3625
✓Promoter identityFoundMANOHAR MUKATI
✓Proposed completion dateFound2023-12-31
!Latest QPRReviewNo QPR was found in the indexed source.
✓Latest APRFoundApr 2023 - Jun 2023 · 14 days since source capture
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundCOMPLETED

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →
Registered projects
2
Completed
1
Extensions / delays
0
Cities represented
1
PRAGATI PARK-2COMPLETEDPRAGATI PARK-2ONGOING

MP RERA authority contact

Role-based public contact for source verification and statutory queries.

Verify before relying
Real Estate Regulatory Authority, Madhya Pradesh

Rera Bhavan, Arera Hills, Main Road No. 1, Bhopal 462011

Phone: 0755-2556760 · 0755-2557955
Email: secretaryrera@mp.gov.in
Portal: Official website ↗
Last verified: 29 Aug 2026Published MP RERA record ↗
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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 PRAGATI PARK-2

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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