Is LAABHAM CITY-2 in Indore registered with MP RERA?

Yes, LAABHAM CITY-2 is an official MP RERA registered project (Registration No: P-IND-21-2972). The project is promoted by LAABHAM REALTY and is currently marked as ONGOING.

Who is the developer of LAABHAM CITY-2?

LAABHAM CITY-2 is developed by LAABHAM REALTY, an active real estate promoter in Indore, Madhya Pradesh.

LAABHAM CITY-2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for LAABHAM CITY-2?

Data Provenance

Registration No

P-IND-21-2972FACT

Project Name

LAABHAM CITY-2FACT

Status

ONGOINGFACT

Promoter

LAABHAM REALTYFACT

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

LAABHAM CITY-2

Registration NumberFACT

P-IND-21-2972

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

M/s Laabham Realty, Sarju Bai, Ratan Singh and Santosh Suner

Estimated Land CostFACT

₹564.77 Lakh

Estimated Construction CostFACT

₹465.45 Lakh

Construction Cost / UnitDERIVED

₹1.31 Lakh

Across 355 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

355Total Units

SOLD UNITSFACT

281 (79.15%)

REMAINING UNITSFACT

74 (20.85%)

ABSORPTION RATEDERIVED

79.15%

Mahanka inventory observation: The statutory registry records 355 registered units, with 281 sold and 74 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Commercial plot	Commercial property	1	0	1	0%
Residential Plots	Plot	354	281	73	79.38%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2020-12-01

Proposed CompletionFACT

2023-09-28

Project AgeDERIVED

2096 days

Days OverdueDERIVED

1065 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Khasra No. 20/2,22/1/1,22/1/2,22/1/3,22/1/4 Village BADA BANGARDA, Tehsil Indore, District Indore

Matched LocalityMATCHED

Bada Bangarda

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Bada Bangarda' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

LAABHAM REALTY

Entity TypeFACT

Partnership Firm / LLP

LAABHAM INFRA6 Total Indexed Projects

COMPLETED0

ONGOING6

EXTENDED0

OVERDUE2

Portfolio Absorption: 77.38% across 535 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹10,000 / sqm

Multi-Story ResidentialMATCHED

₹29,000 / sqm

Commercial OfficeMATCHED

₹30,200 / sqm

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

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Bada Bangarda

8 Peers in LocalityAvg Peer Absorption: 38%

Project	Promoter	Status	Units	Absorption	Completion
AMM GREENS	amm-realties	COMPLETED	264	17.8%	2019-09-30
MADHUR CITY	agrawal-nisha	COMPLETED	120	0%	2023-01-31
SIGNATURE MIDTOWN	bhoomi-reality	ONGOING	134	35.07%	2020-04-30
AMM GREENS EWS/LIG	amm-realties	COMPLETED	43	0%	2022-09-30
PEARL LEAF	jain-rr	ONGOING	122	81.97%	2024-01-29
SHRI BALAJI GREENS	firm-propritore-smb	ONGOING	77	63.64%	2024-11-30
LAABHAM CITY 3	laabham	ONGOING	180	73.89%	2026-06-15
MAHIMA SARTHAK HOMES	estate-sarthak	COMPLETED	43	30.23%	2026-03-15

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

199 categorized public files

APPROVAL(4)

OTHER(17)

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(55)

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: 2026-08-15T20:38:37.441Z

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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