Is 51 MALL 2 in Indore registered with MP RERA?

Yes, 51 MALL 2 is an official MP RERA registered project (Registration No: P-IND-21-2993). The project is promoted by 51 MALL and is currently marked as ONGOING.

Who is the developer of 51 MALL 2?

51 MALL 2 is developed by 51 MALL, an active real estate promoter in Indore, Madhya Pradesh.

51 MALL 2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for 51 MALL 2?

Data Provenance

Registration No

P-IND-21-2993FACT

Project Name

51 MALL 2FACT

Status

ONGOINGFACT

Promoter

51 MALLFACT

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

51 MALL 2

Registration NumberFACT

P-IND-21-2993

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

Estimated Land CostFACT

₹180.69 Lakh

Estimated Construction CostFACT

₹182 Lakh

Construction Cost / UnitDERIVED

₹4.79 Lakh

Across 38 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

38Total Units

SOLD UNITSFACT

23 (60.53%)

REMAINING UNITSFACT

15 (39.47%)

ABSORPTION RATEDERIVED

60.53%

Mahanka inventory observation: The statutory registry records 38 registered units, with 23 sold and 15 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Commercial 1st floor	Apartment	17	6	11	35.29%
Residential 2nd Floor	Apartment	7	7	0	100%
Residential 3rd Floor	Apartment	7	5	2	71.43%
Residential 4th Floor	Apartment	7	5	2	71.43%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-04-01

Proposed CompletionFACT

2024-04-01

Project AgeDERIVED

1975 days

Days OverdueDERIVED

879 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Plot no. 5, Scheme no. 51, Avantika , Indore

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

51 MALL

Entity TypeFACT

Partnership Firm / LLP

51 MALL3 Total Indexed Projects

COMPLETED0

ONGOING3

EXTENDED0

OVERDUE3

Portfolio Absorption: 62.5% across 104 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

200 categorized public files

APPROVAL(5)

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

OTHER(24)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(2)

FINANCIAL(1)

📄 Engineer's Certificate

PHOTOGRAPH(45)

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: 2026-08-15T20:38:33.557Z

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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