Is CUBE in Indore registered with MP RERA?

Yes, CUBE is an official MP RERA registered project (Registration No: P-IND-22-3646). The project is promoted by BHISHAMLAL MANDHAN and is currently marked as ONGOING.

Who is the developer of CUBE?

CUBE is developed by BHISHAMLAL MANDHAN, an active real estate promoter in Indore, Madhya Pradesh.

CUBE | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for CUBE?

Data Provenance

Registration No

P-IND-22-3646FACT

Project Name

CUBEFACT

Status

ONGOINGFACT

Promoter

BHISHAMLAL MANDHANFACT

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

CUBE

Registration NumberFACT

P-IND-22-3646

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

Mr. Bhishamlal Mandhan S/o Nanumal Mandhan Proprietor of VISHAL BUILDERS

Estimated Land CostFACT

₹439.13 Lakh

Estimated Construction CostFACT

₹226 Lakh

Construction Cost / UnitDERIVED

₹15.07 Lakh

Across 15 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

15Total Units

SOLD UNITSFACT

3 (20%)

REMAINING UNITSFACT

12 (80%)

ABSORPTION RATEDERIVED

20%

Mahanka inventory observation: The statutory registry records 15 registered units, with 3 sold and 12 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
SHOP	Commercial property	3	2	1	66.67%
Residential	Apartment	12	1	11	8.33%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2022-05-01

Proposed CompletionFACT

2023-06-25

Project AgeDERIVED

1580 days

Days OverdueDERIVED

1160 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

P-18 (Municipal No.05/1), Dr. R.S. Bhandari Marg Indore M.P.

Matched LocalityMATCHED

UNMATCHED

Tier: UNMATCHED (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

BHISHAMLAL MANDHAN

Entity TypeFACT

Proprietorship Firm

BHISHAMLAL MANDHAN3 Total Indexed Projects

COMPLETED1

ONGOING1

EXTENDED1

OVERDUE1

Portfolio Absorption: 25.53% across 47 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 ProjectFLAGGED

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

336 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(19)

APPROVAL(5)

REGISTRATION(1)

📄 Affidavit Cum Declaration

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(2)

PHOTOGRAPH(50)

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: 2026-08-15T20:39:29.255Z

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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