Is NEW RACE COURSE in Indore registered with MP RERA?

Yes, NEW RACE COURSE is an official MP RERA registered project (Registration No: P-IND-19-2161). The project is promoted by DREAM HOME DEVELOPERS and is currently marked as ONGOING.

Who is the developer of NEW RACE COURSE?

NEW RACE COURSE is developed by DREAM HOME DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

NEW RACE COURSE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for NEW RACE COURSE?

Data Provenance

Registration No

P-IND-19-2161FACT

Project Name

NEW RACE COURSEFACT

Status

ONGOINGFACT

Promoter

DREAM HOME DEVELOPERSFACT

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

NEW RACE COURSE

Registration NumberFACT

P-IND-19-2161

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

SHRI O.P. GOYAL AND K.C. GOYAL HUF BEING LAND OWNER DONE JV AGREEMENT WITH PRESENT APPLICANT

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹0.02 Lakh

Construction Cost / UnitDERIVED

₹0 Lakh

Across 117 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

117Total Units

SOLD UNITSFACT

112 (95.73%)

REMAINING UNITSFACT

5 (4.27%)

ABSORPTION RATEDERIVED

95.73%

Mahanka inventory observation: The statutory registry records 117 registered units, with 112 sold and 5 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
Residential	Apartment	115	112	3	97.39%
Shops	Commercial property	2	0	2	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2019-03-15

Proposed CompletionFACT

2022-09-14

Project AgeDERIVED

2723 days

Days OverdueDERIVED

1444 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

160/4/8 & 160/4/9, PIPLIYA KUMAR

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

DREAM HOME DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

DREAM HOME DEVELOPERS5 Total Indexed Projects

COMPLETED1

ONGOING4

EXTENDED0

OVERDUE3

Portfolio Absorption: 53.58% across 965 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

189 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

APPROVAL(5)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(6)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(65)

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: 2026-08-15T20:37:14.628Z

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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