Is SHUBHAM NARIMAN ENCLAVE BUILDING NO 1 in Indore registered with MP RERA?

Yes, SHUBHAM NARIMAN ENCLAVE BUILDING NO 1 is an official MP RERA registered project (Registration No: P-IND-17-478). The project is promoted by SHUBHAM REALTY and is currently marked as COMPLETED.

Who is the developer of SHUBHAM NARIMAN ENCLAVE BUILDING NO 1?

SHUBHAM NARIMAN ENCLAVE BUILDING NO 1 is developed by SHUBHAM REALTY, an active real estate promoter in Indore, Madhya Pradesh.

SHUBHAM NARIMAN ENCLAVE BUILDING NO 1 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SHUBHAM NARIMAN ENCLAVE BUILDING NO 1?

Data Provenance

Registration No

P-IND-17-478FACT

Project Name

SHUBHAM NARIMAN ENCLAVE BUILDING NO 1FACT

Status

COMPLETEDFACT

Promoter

SHUBHAM 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

SHUBHAM NARIMAN ENCLAVE BUILDING NO 1

Registration NumberFACT

P-IND-17-478

Project StatusFACT

COMPLETED

Project Type (Portal)FACT

Ongoing

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

NAMAN EQUIPMENTS & CONSTRUCTION (INDIA) PVT LTD

Estimated Land CostFACT

₹939.7 Lakh

Estimated Construction CostFACT

₹1,220.4 Lakh

Construction Cost / UnitDERIVED

₹12.71 Lakh

Across 96 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

96Total Units

SOLD UNITSFACT

94 (97.92%)

REMAINING UNITSFACT

2 (2.08%)

ABSORPTION RATEDERIVED

97.92%

Mahanka inventory observation: The statutory registry records 96 registered units, with 94 sold and 2 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
residential	Apartment	96	94	2	97.92%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2016-04-01

Proposed CompletionFACT

2020-04-30

Project AgeDERIVED

3801 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

Khasra No 12/3, 12/4, 9 (PART) Chota Bangarda, Super corridor, Indore

Matched LocalityMATCHED

Shubham Nariman Enclave

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHUBHAM REALTY

Entity TypeFACT

Partnership Firm / LLP

SHUBHAM DEVELOPERS9 Total Indexed Projects

COMPLETED3

ONGOING6

EXTENDED0

OVERDUE5

Portfolio Absorption: 61.95% across 1,582 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

295 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

FINANCIAL(1)

📄 Engineer's Certificate

APPROVAL(3)

ALLOTMENT(1)

📄 Draft Agreement

OTHER(5)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(67)

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: 2026-08-15T20:45:07.000Z

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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