Malad East · Mumbai Suburban

Shankeshwar Apartment

MahaRERA P51800006116 · promoter Navkar Developers

What registered buyers actually paid

₹17,248 – ₹28,892

per sq ft of carpet, agreement value

Covers 80% of 30 agreements filed with MahaRERA.i

Free example from the dataActual RERA data

Home

A-1202

Carpet area

684 sq ft

Typical value

₹1.37 cr

Same stack, floors 11–18₹1.18–1.44 cr3 registered
See prices for 64 more homesEvery unit and floor, from the filings.Get the Sales Report, ₹2,999 →
On payment30-day refundMahaRERA source
Which home should I ask for?Get the Drawings Report₹4,999 · floor plans, approved drawings and what sits around each home.

Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book

Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.

Read it here →

Delivery and registration

When is the project declared for completion?

Shankeshwar Apartment is registered with MahaRERA as P51800006116 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51800006116
Registered on14 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Shankeshwar Apartment record 36 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Navkar Developers is the promoter of record on 87 projects registered with MahaRERA, 11 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

87projects

registered with MahaRERA

11flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Shankeshwar Apartment, ₹14.30 Cr of a declared ₹22.49 Cr estimated project cost is reported as incurred, about 63.6%, as at the last certified filing with MahaRERA.

63.6%

₹14.30 Cr

of ₹22.49 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Shankeshwar Apartment, 21 of 95 homes filed with MahaRERA are recorded as sold or booked, about 22%, and 74 remain available.

22%sold

21 of 95 homes

₹24.86 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹19.35 Cr (about 78%) is recorded as collected and ₹5.51 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 21 registered agreements, the effective carpet rate is ₹20,907/sqft, with eight in ten falling between ₹17,248 and ₹24,017 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 04 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 30 homes carry one, and 65 of the 95 are recorded unsold. Since we started watching this ledger, 9 homes have moved out of the unsold list, most recently on 04 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
A-1202684 sqftRs 1.3683 cr typical, over Rs 1.1800 cr to Rs 1.4400 cr3 filed on this stack, floors 11–18

A filed consideration is what was registered for one {unit}. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the {unit} is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Shankeshwar Apartment, 36 of the 65 unsold homes have agreements filed on their own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 64 homes — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+22 and 95 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shankeshwar Apartment1G+2295-

Unit mix on the filing: 94 residential and 1 non-residential (shops/offices).

Legal and disputes

What disputes are disclosed?

1 complaint is on the MahaRERA record for Shankeshwar Apartment, with orders passed in 1 of them.

1complaint

1with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC00600000019786513/08/2021Radheshyam Sharma vs M/s Navkar Developerorder passed

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 5 times, as recorded on the register.

FromExtended toStated reason
as registered30 Sep 2021DELAYS IN OBTAINING THE PERMISSION DUE TO VARIOUS LITIGATION ON THE ACCESS ROAD OF THE PROPERTY.
30 Sep 202131 Dec 2023DELAYS IN OBTAINING THE PERMISSION DUE TO VARIOUS LITIGATION ON THE ACCESS ROAD OF THE PROPERTY.
31 Dec 202330 Dec 2024Due to access road complication to the site permissions were delayed.
30 Dec 202430 Dec 2025Due to unavailability of permissions from MCGM further construction could not be carried out, which has resulted in delay of the project.
30 Dec 202531 Dec 2026There were liquidity issues and delays in funding. Labour and material shortages, along with disruptions in supply chains and workforce availability, are impacting construction tim

Location, Land & Connectivity

Located at MALAD EAST, RANI SATI ROAD, Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by Sati smruti building, to the south by 12 m DP road, to the east by Makrani Pada and to the west by Udyam Kunj Building. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~702 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park702 km
Andheri MIDC / SEEPZ705 km
Chhatrapati Shivaji Int'l Airport707 km
Bandra Kurla Complex (BKC)708 km
Lower Parel / Worli business district714 km
Nariman Point / Fort717 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

3approved drawings on file
11other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 3 approved sheets are the same drawings the builder filed to get Shankeshwar Apartment approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.

What that turns up — from other projects’ filings:

ATS Knightsbridge · Sector 124, Noida

You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.

Oberoi Elysian · Goregaon East, Mumbai

“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.

Godrej Aristocrat · Sector 49, Gurugram

Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.

Prestige Camden Gardens · Thanisandra, Bengaluru

The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.

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Builder track record

Navkar Developers is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Navkar Developers project & its RERA track record →

Other RERA-registered projects in Malad East

Amann Highland Park
possession by Oct 2026 · MS Relliance Construction CO
Gami And Jaydeep Ventura Commercial Hub
possession by Oct 2026 · M/S Real Infrastructure CO
Parmar Pearl - JAY Koteshwar Nagar CHS LTD
possession by Nov 2026 · Parmar Constructions Private Limited
Neelyog Virat -A Wing
possession by Dec 2026 · Neelyog Construction Pvt Ltd
Royal Pristo
possession by Dec 2026 · Royal Realtors
Spring Meadows
possession by Dec 2026 · Renaissance Enterprises

Other RERA-registered projects in Mumbai Suburban

Shankeshwar Heights
possession by Jun 2029 · Sunny Developers & Builders LLP
Shanta Bhuvan CHS Ltd
declared completion Mar 2020 · Labh Homes Creations And Holdings Pvt. L
Shanta Mangesh Apartment
declared completion Dec 2019 · Shanta Mangesh Developers Private Limite
Shanti Niketan
declared completion Oct 2020 · Matrix Constructions
Shanti Sadan
declared completion Dec 2017 · MAN Global Ltd.
Shanti Sadan
possession by Dec 2026 · Shree Hans Realtors LLP

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 10 Sep 2026