MAHANKA/Indore/RERA/SUNSHINE PALM BLOCK K

SUNSHINE PALM BLOCK KONGOING

★Are you the official developer or sales mandate for SUNSHINE PALM BLOCK K?
Data Provenance
Registration No
P-IND-17-882FACT
Project Name
SUNSHINE PALM BLOCK KFACT
Status
ONGOINGFACT
Promoter
BALAJI CONSTRUCTIONFACT
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
SUNSHINE PALM BLOCK K
Registration NumberFACT
P-IND-17-882
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
Owned Land
Estimated Land CostFACT
₹80.25 Lakh
Estimated Construction CostFACT
₹709 Lakh
Construction Cost / UnitDERIVED
₹13.13 Lakh
Across 54 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

54Total Units
SOLD UNITSFACT
45 (83.33%)
REMAINING UNITSFACT
9 (16.67%)
ABSORPTION RATEDERIVED
83.33%

Mahanka inventory observation: The statutory registry records 54 registered units, with 45 sold and 9 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
RESIDENTIALApartment5445983.33%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED
Proposed StartFACT
2014-01-01
Proposed CompletionFACT
2019-01-10
Project AgeDERIVED
4622 days
Days OverdueDERIVED
2787 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Indore
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Golden Palm Niranjanpur Indore
Matched LocalityMATCHED
Golden Palm
Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
BALAJI CONSTRUCTION
Entity TypeFACT
Partnership Firm / LLP
BALAJI INFRA3 Total Indexed Projects
COMPLETED1
ONGOING2
EXTENDED0
OVERDUE1
Portfolio Absorption: 80.17% across 232 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

69 categorized public files

APPROVAL(3)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
FINANCIAL(1)
  • 📄 Engineer's Certificate
ALLOTMENT(1)
  • 📄 Draft Agreement
OTHER(36)
  • 📄 Development Work Plan
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Brochure
  • 📄 Project Status
  • 📄 Khasra
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
PHOTOGRAPH(25)
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Jan 2019 - Mar 2019
  • 📄 Oct 2018 - Dec 2018
  • 📄 Oct 2019 - Dec 2019
  • 📄 Oct 2019 - Dec 2019
  • 📄 Oct 2019 - Dec 2019
  • 📄 Oct 2019 - Dec 2019
  • 📄 Oct 2019 - Dec 2019
  • 📄 Jul 2019 - Sep 2019
  • 📄 Apr 2019 - Jun 2019
  • 📄 Jan 2019 - Mar 2019

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: 2026-08-15T20:45:12.583Z
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as SUNSHINE PALM BLOCK K.

View all Indore projects →
COMPLETED
📍 2.5 km

BALAJI RESIDENCY

Promoter: M/S. BALAJI DEVELOPERS

Expected: 2023-10-01Inspect →
ONGOING
📍 2.5 km

BALAJI PRIME

Promoter: BALAJI INFRA

Expected: 2027-03-01Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for SUNSHINE PALM BLOCK K

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)
🏛️

Direct Institutional Mortgage Matching

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