Is IRIS PARK PHASE II in Indore registered with MP RERA?

Yes, IRIS PARK PHASE II is an official MP RERA registered project (Registration No: P-IND-19-2378). The project is promoted by AADISH VENTURE PVT. LTD. and is currently marked as COMPLETED.

Who is the developer of IRIS PARK PHASE II?

IRIS PARK PHASE II is developed by AADISH VENTURE PVT. LTD., an active real estate promoter in Indore, Madhya Pradesh.

IRIS PARK PHASE II | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for IRIS PARK PHASE II?

Data Provenance

Registration No

P-IND-19-2378FACT

Project Name

IRIS PARK PHASE IIFACT

Status

COMPLETEDFACT

Promoter

AADISH VENTURE PVT. LTD.FACT

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

IRIS PARK PHASE II

Registration NumberFACT

P-IND-19-2378

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

Joint ownership of Aadish Venture Private limited, Shree Royal Infraterch, Vishwatmak Om Gurudev & Co.

Estimated Land CostFACT

₹547.33 Lakh

Estimated Construction CostFACT

₹2,404.31 Lakh

Construction Cost / UnitDERIVED

₹10.69 Lakh

Across 225 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

225Total Units

SOLD UNITSFACT

178 (79.11%)

REMAINING UNITSFACT

47 (20.89%)

ABSORPTION RATEDERIVED

79.11%

Mahanka inventory observation: The statutory registry records 225 registered units, with 178 sold and 47 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
LIG	Apartment	20	20	0	100%
EWS	Apartment	28	24	4	85.71%
2 BHK	Apartment	60	60	0	100%
3 BHK	Apartment	25	25	0	100%
Type 1	Apartment	40	40	0	100%
Type 2	Apartment	36	2	34	5.56%
Shop	Apartment	16	7	9	43.75%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETED

Proposed StartFACT

2019-08-19

Proposed CompletionFACT

2022-08-18

Project AgeDERIVED

2566 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

IRIS Park, Talwali Chanda Indore

Matched LocalityMATCHED

Iris Park

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

AADISH VENTURE PVT. LTD.

Entity TypeFACT

Company

AADISH VENTURE PVT. LTD.8 Total Indexed Projects

COMPLETED5

ONGOING3

EXTENDED0

OVERDUE1

Portfolio Absorption: 71.1% across 616 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

467 categorized public files

REGISTRATION(2)

APPROVAL(6)

FINANCIAL(1)

📄 Engineer's Certificate

ALLOTMENT(1)

📄 Draft Agreement

OTHER(8)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

BUILDING_PLAN(1)

📄 Sanction Building Plan

PHOTOGRAPH(60)

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: 2026-08-15T20:37:34.337Z

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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