Is TIMES SQUARRE in Indore registered with MP RERA?

Yes, TIMES SQUARRE is an official MP RERA registered project (Registration No: P-IND-17-304). The project is promoted by SHANTI BUILDERS & DEVELOPERS and is currently marked as ONGOING.

Who is the developer of TIMES SQUARRE?

TIMES SQUARRE is developed by SHANTI BUILDERS & DEVELOPERS, an active real estate promoter in Indore, Madhya Pradesh.

TIMES SQUARRE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for TIMES SQUARRE?

Data Provenance

Registration No

P-IND-17-304FACT

Project Name

TIMES SQUARREFACT

Status

ONGOINGFACT

Promoter

SHANTI BUILDERS & 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

TIMES SQUARRE

Registration NumberFACT

P-IND-17-304

Project StatusFACT

ONGOING

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

Owned Land

Estimated Land CostFACT

₹4.87 Lakh

Estimated Construction CostFACT

₹12 Lakh

Construction Cost / UnitDERIVED

₹0.12 Lakh

Across 100 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

100Total Units

SOLD UNITSFACT

100 (100%)

REMAINING UNITSFACT

0 (0%)

ABSORPTION RATEDERIVED

100%

Mahanka inventory observation: The statutory registry records 100 registered units, with 100 sold and 0 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
RESIDENTIAL	Apartment	84	84	0	100%
commercial	Apartment	16	16	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2014-02-01

Proposed CompletionFACT

2018-02-28

Project AgeDERIVED

4591 days

Days OverdueDERIVED

3103 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Tejaji Nagar Square Indore

Matched LocalityMATCHED

Tejaji Nagar

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

SHANTI BUILDERS & DEVELOPERS

Entity TypeFACT

Partnership Firm / LLP

SHANTI BUILDERS & DEVELOPERS2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE1

Portfolio Absorption: 100% across 100 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

350 categorized public files

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

APPROVAL(2)

OTHER(6)

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(69)

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: 2026-08-15T20:35:31.164Z

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.

🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as TIMES SQUARRE.

View all Indore projects →

ONGOING

📍 2.5 km

SHANTI KUNJ

Promoter: SHANTI INFRATECH

RERA ActiveInspect →

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Official Regulatory Source

This record was extracted from the public Madhya Pradesh Real Estate Regulatory Authority (MP RERA) registry.

View on MP RERA Portal

Source System:MP RERA Public Register

QA State:VERIFIED PUBLIC RECORD

City Directory

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for TIMES SQUARRE

Live borrowing capacity, exact stamp dues, and institutional protection underwriting.

Loan-to-Value (LTV):

Tenure:

Benchmark Rate:8.5% p.a.

Max Loan Sanction (80% LTV)

₹ 60,00,000

Collateral Base: ₹ 75,00,000

Indicative EMI (20 Yrs @ 8.5%)

₹ 52,069 / mo

Principal + Interest Component

Total Upfront Cash Required

₹ 23,02,500

20% Margin (₹ 15,00,000) + Govt Dues (₹ 7,87,500) + Legal Vetting (₹ 15,000)

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Direct Institutional Mortgage Matching

Underwritten through sovereign & top-tier private lenders. Best client-first terms guaranteed.