Is THE PALMS BY TBJ AND RAS in Indore registered with MP RERA?

Yes, THE PALMS BY TBJ AND RAS is an official MP RERA registered project (Registration No: P-IND-26-6462). The project is promoted by TBJ AND RAS VENTURES and is currently marked as ONGOING.

Who is the developer of THE PALMS BY TBJ AND RAS?

THE PALMS BY TBJ AND RAS is developed by TBJ AND RAS VENTURES, an active real estate promoter in Indore, Madhya Pradesh.

THE PALMS BY TBJ AND RAS | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for THE PALMS BY TBJ AND RAS?

Data Provenance

Registration No

P-IND-26-6462FACT

Project Name

THE PALMS BY TBJ AND RASFACT

Status

ONGOINGFACT

Promoter

TBJ AND RAS VENTURESFACT

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

THE PALMS BY TBJ AND RAS

Registration NumberFACT

P-IND-26-6462

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

TBJ and RAS Ventures

Estimated Land CostFACT

₹1,002 Lakh

Estimated Construction CostFACT

₹290 Lakh

Construction Cost / UnitDERIVED

—

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

—Total Units

SOLD UNITSFACT

— (—)

REMAINING UNITSFACT

— (—)

ABSORPTION RATEDERIVED

—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2026-02-01

Proposed CompletionFACT

2030-01-31

Project AgeDERIVED

208 days

Days to CompletionDERIVED

1252 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Survey No. 872/1 & 872/2, Village Kanadiya, Tehsil Kanadiya & District Indore M.P.

Matched LocalityMATCHED

Kanadiya

Tier: EXACT (97% conf.)

Match Evidence: RERA village 'kanadiya' equals locality 'Kanadiya'

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

TBJ AND RAS VENTURES

Entity TypeFACT

Partnership Firm / LLP

TBJ AND RAS VENTURES1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE0

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹9,000 / sqm

Multi-Story ResidentialMATCHED

₹12,000 / sqm

Commercial OfficeMATCHED

₹28,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Kanadiya (Match Tier: EXACT).

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Kanadiya

20 Peers in LocalityAvg Peer Absorption: 51%

Project	Promoter	Status	Units	Absorption	Completion
ARCADIA	nilesh-shri-vyas	ONGOING	—	—	—
EXOTIC AVENUE	ritu-singal	COMPLETED	43	0%	2023-10-31
SANMAN CITY	city-sanman	ONGOING	108	0%	—
ARIHANT KETKAR REGENCY	arihant-ketkar	ONGOING	28	0%	—
KG WOODLAND	gurukripa	ONGOING	—	—	—
SKYE SERENE	earth-skye	ONGOING	—	—	—
THE GRAND VIRASAT C	built-real-sarthak-vinayak	ONGOING	—	—	—
GREENFIELD PALM BY OYSTER	oyster	ONGOING	—	—	—

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

47 categorized public files

APPROVAL(4)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(27)

REGISTRATION(2)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

FINANCIAL(2)

PHOTOGRAPH(10)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryMISSING

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:43:03.671Z

Inventory unit counts were not reported in the RERA project filing.
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

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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for THE PALMS BY TBJ AND RAS

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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