MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017 Apply

MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017 is a new residential flat scheme under Madhya Pradesh Housing and Infrastructure Development Board. Applications are invited from the general public. Here are the details.

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MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017

MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017 or Madhya Pradesh Housing & Infrastructure Development Board, Rainbow Regency Indore Scheme 2017 is tailored for Snehlataganj, Indore, Madhya Pradesh. 188 residential flats in 3BHK and 2BHK categories are being currently offered by MPHIDB in Indore for the general public. The Scheme falls under RERA (Real Estate Regulatory Authority) scheme No: P-IND-17-243.

Madhya Pradesh is still at its core a geographical heart to the Indian sub continent. Even after the separation of Chhattisgarh it’s still one of the largest states in India. Bhopal, Indore, Gwalior and Jabalpur are few of the popular and economically large cities that are present  with the rest of the state in technological and quickly progressing period, where consumer market and metropolitans are emerging.

The organization of Madhya Pradesh government is continuously in the business of developing housing, colony and commercial complexes for all sectors of the society.With transparency and ethical handling of customers established with the sole purpose of commitment to customer satisfaction by providing houses / plots / commercial spaces at reasonable cost for the general public. Even today 50% of the total housing activities in the Urban Formal sector are run by private individuals-not by the government or the private sector builders. It shows the singular potential of intervening in this area. Housing Board is the only major builder and creator of real estate in Madhya Pradesh. Housing Board’s average contribution in undivided Madhya Pradesh is 6000 buildings and 10,000 plots per annum.

Important Dates

Start Date: 05-10-2017 from 10:30 am
End Date: 31-10-2017 till 11:59 pm

MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017 offers 188 residential flats in Self Financing Scheme at Snehlataganj, Indore. For queries regarding the registration and allotment of flats the following Banking and financial Associations are available Allahabad Bank/ Bank of India/ Axis Bank/ Indian Bank/ Punjab National Bank/ Home First Finance Co./ Micro Housing Finance Corporation Ltd./ Mahindra Rural Housing Finance Ltd. Inquiry at Section 1, Shopping Complex, A.B road, Indore. Phone No: 0731-2554888. Official website of MPHIDB http://www.mphousing.in/.

Regional Enquiry:
P.K Vyas (Sub-Engg): 94253 28221
Rajesh Gupta (Assistant-Engg): 94069 12054

MP Online Help Line No: 0755-4019400

Interested applicants can download the brochure and apply for the scheme from the link below-

Download Brochure Download Advertisement Apply Online

Further details of MPHIDB Madhya Pradesh Rainbow Regency Indore Scheme 2017 are given below.

Offer for Public

  • Unit Type: Ruby 2BHK (A)
    Number of Units: 80
    Carpet area:79.94 Sq m
    Balcony area:7.70 Sq m
    Total Carpet Area: 87.64 Sq m/943 Sq ft
  • Unit Type: Ruby 2BHK (B)
    Number of Units: 12
    Carpet area:79.94 Sq m
    Balcony area:11.80 Sq m
    Total Carpet Area: 91.74 Sq m/987 Sq ft
  • Unit Type: Topaz 3BHK (A)
    Number of Units: 40
    Carpet area:108.30 Sq m
    Balcony area:7.05 Sq m
    Total Carpet Area: 115.35 Sq m/1241 Sq ft
  • Unit Type: Topaz 3BHK (B)
    Number of Units: 56
    Carpet area:110.65 Sq m
    Balcony area:7.05 Sq m
    Total Carpet Area: 117.70 Sq m/1266 Sq ft

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(Price in Rs)

  • Unit Type: Ruby 2BHK (A)
    Per flat area: 87.64 Sq m
    Cost of Flat (Tentative): 49,95,000/-
    Registration Amount: 2,50,000/-
  • Unit Type: Ruby 2BHK (B)
    Per flat area: 91.74 Sq m
    Cost of Flat (Tentative): 52,30,000/-
    Registration Amount: 2,62,000/-
  • Unit Type: Topaz 3BHK (A)
    Per flat area: 115.35 Sq m
    Cost of Flat (Tentative): 65,75,000/-
    Registration Amount: 3,29,000/-
  • Unit Type: Topaz 3BHK (B)
    Per flat area: 117.70 Sq m
    Cost of Flat (Tentative): 67,10,000/-
    Registration Amount: 3,36,000/-
  • If the application is submitted more than the available numbers of residential flats then a lottery draw will be done to determine the holders.

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