MAHANKA/Indore/RERA/PRAGATI PARK-2

PRAGATI PARK-2ONGOING

★Are you the official developer or sales mandate for PRAGATI PARK-2?
Data Provenance
Registration No
—FACT
Project Name
PRAGATI PARK-2FACT
Status
ONGOINGFACT
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
Not published
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
Sanwer
Land OwnershipFACT
1. Manohar Mukati 2. Bhagbanti Bai 3. Mahesh Mukati 4. Kishore Mukati 5. Shubham Mukati 6. Savitri bai 7. Rani Choudhary 8. Rina Choudhary 9. Tina Patel 10. Bina Patel
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
0 (0%)
REMAINING UNITSFACT
46 (100%)
ABSORPTION RATEDERIVED
0%

Mahanka inventory observation: The statutory registry records 46 registered units, with 0 sold and 46 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
539.09Plot7—7—
702.03Plot1—1—
558.03Plot8—8—
624.99Plot4—4—
528.75Plot2—2—
589.26Plot5—5—
720.67Plot9—9—
101.70Plot10—10—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2022-01-01
Proposed CompletionFACT
—
Project AgeDERIVED
1702 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: 63%
ProjectPromoterStatusUnitsAbsorptionCompletion
PRAGATI PARK-2manohar-mukatiCOMPLETED4663.04%2023-12-31

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

22 categorized public files

FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
APPROVAL(4)
  • 📄 Consent Land Owner
  • 📄 Development Permission
  • 📄 Nazul Clearance Case
  • 📄 Approval Town Country Planning
OTHER(13)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Encumbrances On Land
  • 📄 Colonisers License
  • 📄 Schedule F (Draft Brochure)
  • 📄 Schedule E
  • 📄 Schedule A
  • 📄 Common Area Facilities
  • 📄 Schedule D
  • 📄 Schedule G
  • 📄 Schedule H
  • 📄 Schedule C1
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
REGISTRATION(2)
  • 📄 Affidavit Cum Declaration
  • 📄 Affidavit

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

75%Completeness Index
promoterPRESENT
timelinePARTIAL
documentsPRESENT
inventoryPRESENT
project locationPRESENT
registration numberMISSING
Formula Version: 1.0.0
Audit Timestamp: 2026-08-15T20:43:13.813Z
  • Registration number is missing from the RERA source listing.
  • 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 →
COMPLETED
📍 2.5 km

PRAGATI PARK-2

Promoter: MANOHAR MUKATI

Expected: 2023-12-31Inspect →

Filing freshness & completionSource review

Document signals from indexed MP RERA source records.

22 indexed documents
Latest QPR
No QPR found in indexed source
Not found in indexed source
Latest APR
No APR found in indexed source
Not found in indexed 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 numberReviewRegistration number is not present in the indexed record.
✓Promoter identityFoundMANOHAR MUKATI
!Proposed completion dateReviewCompletion date is not present in the indexed record.
!Latest QPRReviewNo QPR was found in the indexed source.
!Latest APRReviewNo APR was found in the indexed source.
!Completion certificateReviewNo completion or occupancy certificate was found in the indexed source.
!Timeline changesReview1 source changes are visible in the project timeline.
✓Project statusFoundONGOING

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 ↗
Loading map...

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

Explore all registered developments, townships, and commercial hubs in Indore.

← Back to Indore RERA Directory
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)
🏛️

Lending assessment request

Share your requirements for an indicative lending assessment. Eligibility, lender availability, pricing, and final terms depend on the responding institution.