Is SINGAPORE PALM-2 in Indore registered with MP RERA?

Yes, SINGAPORE PALM-2 is an official MP RERA registered project (Registration No: P-IND-19-2258). The project is promoted by SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2) and is currently marked as ONGOING.

SINGAPORE PALM-2 MP RERA Registration & Project Record

Q: Who is the developer of SINGAPORE PALM-2?

SINGAPORE PALM-2 is developed by SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2), an active real estate promoter in Indore, Madhya Pradesh.

★Are you the official developer or sales mandate for SINGAPORE PALM-2?

Data Provenance

Registration No

P-IND-19-2258FACT

Project Name

SINGAPORE PALM-2FACT

Status

ONGOINGFACT

Promoter

SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)FACT

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

SINGAPORE PALM-2

Registration NumberFACT

P-IND-19-2258

Project StatusFACT

ONGOING

Project Type (Portal)FACT

Ongoing

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

Sarthak Real Built Pvt. Ltd. and M/s Shree Vinayak Developers

Estimated Land CostFACT

₹2,380.55 Lakh

Estimated Construction CostFACT

₹3,422.26 Lakh

Construction Cost / UnitDERIVED

₹13.37 Lakh

Across 256 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

256Total Units

SOLD UNITSFACT

197 (76.95%)

REMAINING UNITSFACT

59 (23.05%)

ABSORPTION RATEDERIVED

76.95%

Mahanka inventory observation: The statutory registry records 256 registered units, with 197 sold and 59 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
3060,4060,50*60 and Other	Plot	216	186	30	86.11%
1040,1540	Plot	40	11	29	27.5%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2017-01-15

Proposed CompletionFACT

2020-08-15

Project AgeDERIVED

3514 days

Days OverdueDERIVED

2206 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Village Tigriya Badshah, Tehsil Hatod, District Indore

Matched LocalityMATCHED

Tigriya Rav

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)

Entity TypeFACT

Partnership Firm / LLP

SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)3 Total Indexed Projects

COMPLETED1

ONGOING2

EXTENDED0

OVERDUE2

Portfolio Absorption: 80.14% across 2,130 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

150 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

APPROVAL(3)

OTHER(15)

ALLOTMENT(1)

📄 Draft Agreement

PHOTOGRAPH(58)

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: 2026-08-15T20:37:18.695Z

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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Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SINGAPORE PALM-2.

View all Indore projects →

COMPLETED

📍 2.5 km

SINGAPORE LIFE STYLE LAKE VIEW

Promoter: SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)

Expected: 2020-12-09Inspect →

ONGOING

📍 2.5 km

SINGAPORE GREEN VIEW PREMIUM

Promoter: SARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)

Expected: 2020-04-05Inspect →

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 2020 - Jun 2020

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-IND-19-2258

Promoter identityFoundSARTHAK REAL BUILT PVT. LTD. (PROMOTER NO. 1) AND M/S SHREE VINAYAK DEVELOPERS (PROMOTER NO. 2)

Proposed completion dateFound2020-08-15

Latest QPRReviewNo QPR was found in the indexed source.

Latest APRFoundApr 2020 - Jun 2020 · 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 statusFoundONGOING

Promoter portfolio & delivery history

Registered MP RERA footprint associated with the promoter name.

Open promoter 360 →

Registered projects

Completed

Extensions / delays

Cities represented

SINGAPORE LIFE STYLE LAKE VIEWCOMPLETED SINGAPORE GREEN VIEW PREMIUMONGOING SINGAPORE PALM-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 SINGAPORE PALM-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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