Is SKY NEXT CITY in Indore registered with MP RERA?

Yes, SKY NEXT CITY is an official MP RERA registered project (Registration No: P-IND-24-5033). The project is promoted by NAGESHWAR INFRABUILD LLP and is currently marked as ONGOING.

Who is the developer of SKY NEXT CITY?

SKY NEXT CITY is developed by NAGESHWAR INFRABUILD LLP, an active real estate promoter in Indore, Madhya Pradesh.

SKY NEXT CITY | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for SKY NEXT CITY?

Data Provenance

Registration No

P-IND-24-5033FACT

Project Name

SKY NEXT CITYFACT

Status

ONGOINGFACT

Promoter

NAGESHWAR INFRABUILD LLPFACT

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

SKY NEXT CITY

Registration NumberFACT

P-IND-24-5033

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

SELF AND OTHERS

Estimated Land CostFACT

₹139.5 Lakh

Estimated Construction CostFACT

₹100.79 Lakh

Construction Cost / UnitDERIVED

—

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

—Total Units

SOLD UNITSFACT

— (—)

REMAINING UNITSFACT

— (—)

ABSORPTION RATEDERIVED

—

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2023-12-13

Proposed CompletionFACT

2026-12-12

Project AgeDERIVED

989 days

Days to CompletionDERIVED

106 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

VILLAGE BADA BANGARDA TEHSIL MALHARGANJ INDORE

Matched LocalityMATCHED

Malharganj

Tier: STRONG (86% conf.)

Match Evidence: Locality 'Malharganj' in address/title with district indore

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

NAGESHWAR INFRABUILD LLP

Entity TypeFACT

Partnership Firm / LLP

NAGESHWAR INFRABUILD LLP5 Total Indexed Projects

COMPLETED2

ONGOING3

EXTENDED0

OVERDUE1

Portfolio Absorption: 52.37% across 401 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Residential Plot RateMATCHED

₹50,000 / sqm

Multi-Story ResidentialMATCHED

₹25,000 / sqm

Commercial OfficeMATCHED

₹73,200 / sqm

Guideline rates are source-linked from MPIGR FY 2026–27 Statutory Gazette for Malharganj (Match Tier: STRONG).

8. Micro-Market Peer ComparisonDERIVED

Active RERA projects in Malharganj

20 Peers in LocalityAvg Peer Absorption: 0%

Project	Promoter	Status	Units	Absorption	Completion
R.R. GULAB CITY	accrual-realities	ONGOING	—	—	—
TATTVAM HEIGHTS PHASE 3	l-g-developers	ONGOING	—	—	—
LANDMARK AEROCITY	infraprojects-jmg	ONGOING	—	—	—
NAKSHTRA GREENS	chawda-estate-real	ONGOING	—	—	—
ADITYA GOVINDAM	buildcon-bvg	ONGOING	—	—	—
BUILDWELL IMPERIA	buildwell-ventures	ONGOING	—	—	—
DREAM GHAR	falodi-infraestate-paras	ONGOING	—	—	—
PREMIUM-HI-LINK-GREENS PARTH	indra-prem-residency	ONGOING	248	0%	2025-12-31

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

106 categorized public files

OTHER(51)

APPROVAL(4)

REGISTRATION(2)

ALLOTMENT(1)

📄 Draft Agreement

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

FINANCIAL(2)

PHOTOGRAPH(19)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

83.33%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryMISSING

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:41:54.320Z

Inventory unit counts were not reported in the RERA project filing.
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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