Is RAINBOW RESIDENCY INDORE in Indore registered with MP RERA?

Yes, RAINBOW RESIDENCY INDORE is an official MP RERA registered project (Registration No: P-IND-17-243). The project is promoted by M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARD and is currently marked as COMPLETED.

Who is the developer of RAINBOW RESIDENCY INDORE?

RAINBOW RESIDENCY INDORE is developed by M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARD, an active real estate promoter in Indore, Madhya Pradesh.

RAINBOW RESIDENCY INDORE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for RAINBOW RESIDENCY INDORE?

Data Provenance

Registration No

P-IND-17-243FACT

Project Name

RAINBOW RESIDENCY INDOREFACT

Status

COMPLETEDFACT

Promoter

M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARDFACT

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

RAINBOW RESIDENCY INDORE

Registration NumberFACT

P-IND-17-243

Project StatusFACT

COMPLETED

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

MP Housing Board

Estimated Land CostFACT

₹480 Lakh

Estimated Construction CostFACT

₹9,198.38 Lakh

Construction Cost / UnitDERIVED

₹31.72 Lakh

Across 290 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

290Total Units

SOLD UNITSFACT

254 (87.59%)

REMAINING UNITSFACT

36 (12.41%)

ABSORPTION RATEDERIVED

87.59%

Mahanka inventory observation: The statutory registry records 290 registered units, with 254 sold and 36 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
2BHK (A)	Apartment	80	80	0	100%
2BHK (B)	Apartment	12	12	0	100%
3BHK (A)	Apartment	40	40	0	100%
3BHK (B)	Apartment	56	54	2	96.43%
SHOPS	Commercial property	66	61	5	92.42%
OFFICES	Commercial property	36	7	29	19.44%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2017-12-01

Proposed CompletionFACT

2021-11-30

Project AgeDERIVED

3192 days

Days to CompletionDERIVED

—

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Rainbow Residency Snehalataganj (Hope textile mill) Indore

Matched LocalityMATCHED

Rainbow Residency

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARD

Entity TypeFACT

Government/Semi Government Agency

M.P. HOUSING INFRASTRUCTURE DEVELOPMENT BOARD4 Total Indexed Projects

COMPLETED4

ONGOING0

EXTENDED0

OVERDUE0

Portfolio Absorption: 86.19% across 478 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 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

747 categorized public files

PHOTOGRAPH(16)

APPROVAL(2)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(61)

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: 2026-08-15T20:35:28.103Z

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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