Is WHITE PEARL in Indore registered with MP RERA?

Yes, WHITE PEARL is an official MP RERA registered project (Registration No: P-IND-19-2059). The project is promoted by REKHA GARG and is currently marked as ONGOING.

Who is the developer of WHITE PEARL?

WHITE PEARL is developed by REKHA GARG, an active real estate promoter in Indore, Madhya Pradesh.

WHITE PEARL | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for WHITE PEARL?

Data Provenance

Registration No

P-IND-19-2059FACT

Project Name

WHITE PEARLFACT

Status

ONGOINGFACT

Promoter

REKHA GARGFACT

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

WHITE PEARL

Registration NumberFACT

P-IND-19-2059

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

SELF OWNED

Estimated Land CostFACT

—

Estimated Construction CostFACT

—

Construction Cost / UnitDERIVED

—

Across 53 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

53Total Units

SOLD UNITSFACT

2 (3.77%)

REMAINING UNITSFACT

51 (96.23%)

ABSORPTION RATEDERIVED

3.77%

Mahanka inventory observation: The statutory registry records 53 registered units, with 2 sold and 51 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
6	Plot	53	2	51	3.77%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2017-08-31

Proposed CompletionFACT

2020-08-31

Project AgeDERIVED

3284 days

Days OverdueDERIVED

2188 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasara No. 83/1/1, 83/1/2 Village Nipania, Tehsil & Dist. Indore

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

REKHA GARG

Entity TypeFACT

Individual

REKHA GARG1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE1

Portfolio Absorption: 3.77% across 53 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 ProjectFLAGGED

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

138 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

OTHER(44)

APPROVAL(4)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(28)

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: 2026-08-15T20:37:23.469Z

Locality is UNMATCHED: no verified spatial or text match in official gazette.
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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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 WHITE PEARL

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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