MAHANKA/Bhopal/RERA/IBD GLORY CITII

IBD GLORY CITIIONGOING

★Are you the official developer or sales mandate for IBD GLORY CITII?
Data Provenance
Registration No
P-BPL-17-1064FACT
Project Name
IBD GLORY CITIIFACT
Status
ONGOINGFACT
Promoter
IBD UNIVERSAL PVT. LTD.FACT
Locality Link
UNMATCHEDNOT ASSESSED
Coordinates
Not available from sourceNOT ASSESSED
Last verified: 17 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT
IBD GLORY CITII
Registration NumberFACT
P-BPL-17-1064
Project StatusFACT
ONGOING
Project Type (Portal)FACT
New
First Seen in IndexDERIVED
17/8/2026
Last CrawledDERIVED
17/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT
Bhopal
Land OwnershipFACT
IBD Universal Pvt.Ltd
Estimated Land CostFACT
₹374.94 Lakh
Estimated Construction CostFACT
₹865.78 Lakh
Construction Cost / UnitDERIVED
₹2.85 Lakh
Across 304 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

304Total Units
SOLD UNITSFACT
289 (—)
REMAINING UNITSFACT
15 (—)
ABSORPTION RATEDERIVED
—

Mahanka inventory observation: The statutory registry records 304 registered units, with 289 sold and 15 remaining.

Unit CategoryGroupTotal UnitsSoldRemainingAbsorption
APlot13130100%
BPlot1831516.67%
CPlot40400100%
DPlot58580100%
EPlot78780100%
FPlot36360100%
GPlot61610100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

TIMELINE NOT ASSESSED
Proposed StartFACT
2011-05-14
Proposed CompletionFACT
2020-12-31
Project AgeDERIVED
5585 days
Days OverdueDERIVED
2066 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT
Bhopal
TehsilFACT
—
Village / Locality (Source)FACT
—
Khasra NumberFACT
—
Address TextFACT
Gram Bhouri Bhopal
Matched LocalityMATCHED
UNMATCHED

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT
IBD UNIVERSAL PVT. LTD.
Entity TypeFACT
Company
IBD UNIVERSAL PVT. LTD.1 Total Indexed Projects
COMPLETED0
ONGOING1
EXTENDED0
OVERDUE0

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 YearsYES

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

80 categorized public files

REGISTRATION(1)
  • 📄 Affidavit Cum Declaration
OTHER(69)
  • 📄 Apartment Details
  • 📄 Brochure
  • 📄 Development Team Details
  • 📄 Development Work Plan
  • 📄 Encumbrances On Land
  • 📄 Khasra Form
  • 📄 Project Specifications
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
  • 📄 Project document
APPROVAL(3)
  • 📄 Approval Town Country Planning
  • 📄 Consent Land Owner
  • 📄 Development Permission
ALLOTMENT(1)
  • 📄 Draft Agreement
BUILDING_PLAN(1)
  • 📄 Sanction Building Plan
LAYOUT_PLAN(1)
  • 📄 Sanction Layout Plan
PHOTOGRAPH(4)
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022
  • 📄 Jul 2022 - Sep 2022

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

  • NEW_PROJECT17/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

—%Completeness Index
Formula Version: 1.0.0
Audit Timestamp: —
  • 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.
🗺

Micro-Market Competitive Landscape (5 km Radius)

Other RERA-registered developments competing in the same planning sector as IBD GLORY CITII.

View all Bhopal projects →
ONGOING
📍 2.5 km

IBD HALLMARK CITII IV-II

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2021-08-01Inspect →
ONGOING
📍 2.5 km

IBD HALLMARK CITY PHASE-I

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2019-03-31Inspect →
EXTENDED
📍 2.5 km

IBD HALLMARK CITY (IV) PHASE-I

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2019-12-31Inspect →
ONGOING
📍 2.5 km

IBD QUEENS COURT 1

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2019-12-31Inspect →
ONGOING
📍 2.5 km

IBD KINGS PARK

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2020-12-31Inspect →
ONGOING
📍 2.5 km

IBD QUEENS COURT 2

Promoter: IBD UNIVERSAL PVT. LTD.

Expected: 2021-12-31Inspect →
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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

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for IBD GLORY CITII

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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