Is THE RESIDENCE PHASE-2 in Indore registered with MP RERA?

Yes, THE RESIDENCE PHASE-2 is an official MP RERA registered project (Registration No: P-IND-22-3331). The project is promoted by MAZE BUILDCON PRIVATE LIMITED and is currently marked as ONGOING.

Who is the developer of THE RESIDENCE PHASE-2?

THE RESIDENCE PHASE-2 is developed by MAZE BUILDCON PRIVATE LIMITED, an active real estate promoter in Indore, Madhya Pradesh.

THE RESIDENCE PHASE-2 | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for THE RESIDENCE PHASE-2?

Data Provenance

Registration No

P-IND-22-3331FACT

Project Name

THE RESIDENCE PHASE-2FACT

Status

ONGOINGFACT

Promoter

MAZE BUILDCON PRIVATE LIMITEDFACT

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

THE RESIDENCE PHASE-2

Registration NumberFACT

P-IND-22-3331

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

Maze Buildcon Private Limited

Estimated Land CostFACT

—

Estimated Construction CostFACT

₹3,169.75 Lakh

Construction Cost / UnitDERIVED

₹56.6 Lakh

Across 56 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

56Total Units

SOLD UNITSFACT

56 (100%)

REMAINING UNITSFACT

0 (0%)

ABSORPTION RATEDERIVED

100%

Mahanka inventory observation: The statutory registry records 56 registered units, with 56 sold and 0 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
constructed residential	Apartment	56	56	0	100%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

COMPLETION DATE PASSED

Proposed StartFACT

2021-10-01

Proposed CompletionFACT

2025-10-01

Project AgeDERIVED

1792 days

Days OverdueDERIVED

331 days overdue

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Village- Bicholi Mardana , Tehsil- Indore, District- Indore, (M.P.)

Matched LocalityMATCHED

The Residence

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

MAZE BUILDCON PRIVATE LIMITED

Entity TypeFACT

Company

MAZE BUILDCON PRIVATE LIMITED2 Total Indexed Projects

COMPLETED0

ONGOING2

EXTENDED0

OVERDUE2

Portfolio Absorption: 92.86% across 140 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 YearsNO

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

10. Indexed Statutory DocumentsFACT

374 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

OTHER(21)

REGISTRATION(2)

APPROVAL(5)

ALLOTMENT(1)

📄 Draft Agreement

BUILDING_PLAN(2)

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

PHOTOGRAPH(47)

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: 2026-08-15T20:45:25.065Z

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 THE RESIDENCE PHASE-2.

View all Indore projects →

ONGOING

📍 2.5 km

THE RESIDENCE

Promoter: MAZE BUILDCON PRIVATE LIMITED

Expected: 2020-11-30Inspect →

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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.

← Back to Indore RERA Directory

Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for THE RESIDENCE PHASE-2

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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