MahaRERA Property Intelligence · Nerepada · Raigarh

Shikara Pearl Phase - I

P52000077180 · Nerepada · promoter Shikara Constructions

The Drawings Report · ₹4,999

Which home should you ask for in Shikara Pearl Phase - I?

We read all 4 approved drawings and 24 filed papers on this project’s RERA file — the sheets the builder filed to get it approved.

56 of 56 homes still unsold in the latest filing · 22.9% of the project cost incurred.

  • Which home to ask for — and which to say no to
  • What the drawings put around it
  • What to get in writing before you pay a booking amount

One real find, from a Gurugram colony’s approved papers: 392.997 sq m already used of the 396 allowed — the promised extra room can never be built.

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Not useful to your decision? Full refund — no questions asked. Sent as a PDF in one working day.

Or, since no sale has been filed on this project: the government has valued 56 homes here, and the Reckoner Record lists every one with the rate it implies.

The Reckoner Record · ₹999 →

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?

Shikara Pearl Phase - I is registered with MahaRERA as P52000077180 and the promoter has declared completion for 31 Dec 2028.

31 Dec 2028

declared completion

27months 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 registrationP52000077180
Registered on29 Jul 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today27 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 Shikara Pearl Phase - I record 7 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?

Shikara Constructions is the promoter of record on 6 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

6projects

registered with MahaRERA

0flagged

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 Shikara Pearl Phase - I, ₹1.98 Cr of a declared ₹8.66 Cr estimated project cost is reported as incurred, about 22.9%, as at the last certified filing with MahaRERA.

22.9%

₹1.98 Cr

of ₹8.66 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 Shikara Pearl Phase - I, 0 of 56 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 56 remain available.

0%sold

0 of 56 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.

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

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

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for Shikara Pearl Phase - I in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 19 July 2026

What the filings record, home by home

Read from MahaRERA on 19 July 2026

No home in Shikara Pearl Phase - I carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 56 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 5,054 a sq ft typical, over Rs 5,053 to Rs 5,054.

A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.

The Reckoner Record lists all 56 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.

See all 56 filed valuations — ₹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+4 and 56 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing A1G+426-
Wing B1G+414-
Wing C1G+416-

Unit mix on the filing: 56 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Nerepada, Panvel Matheran Road, Kurla, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by Survey No 72, to the south by Zhilla Parishad Road, to the east by Survey No 61 7 and to the west by Survey No 68 71. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~30 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 park30 km
Bandra Kurla Complex (BKC)32 km
Chhatrapati Shivaji Int'l Airport33 km
Andheri MIDC / SEEPZ34 km
Lower Parel / Worli business district36 km
Nariman Point / Fort37 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

4approved drawings on file
24other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 4 approved sheets are the same drawings the builder filed to get Shikara Pearl Phase - I 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

Shikara Constructions Pvt. Ltd. is the promoter on 6 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).

Other flagged projects by Shikara Constructions Pvt. Ltd.

Shikara Constructions Pvt. Ltd.
FlaggedRaigarh
Shikara Constructions Pvt. Ltd.
FlaggedRaigarh
Shikara Constructions Pvt. Ltd.
FlaggedMumbai Suburban
Shikara Constructions Pvt. Ltd.
FlaggedRaigarh
Shikara Constructions Pvt. Ltd.
FlaggedRaigarh

Other RERA-registered projects in Panvel

Arihant Clan Aalishan Phase I
possession by Sep 2026 · Arihant Vatika Realty Private Limited
Balaji Heritage
possession by Sep 2026 · Buildfox Realty LLP
Delta Hills
possession by Sep 2026 · Shree Ganesh Enterprises
Delta Riviera
possession by Sep 2026 · Shreenathji Organisers Pvt. Ltd.
GAJ Oasis
possession by Sep 2026 · Shiv Builders AND Developers
Green View
possession by Sep 2026 · Siddhivinayak Developers

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Shikara Pride Phase - I
possession by Dec 2026 · Shikara Constructions Pvt. Ltd.
Shikhar
possession by Dec 2027 · Kailash Shankarlal Gindodia
Shikhar Garden
possession by Dec 2029 · Shikhar Realty
Shikhar Greens
possession by Mar 2027 · Shikhar Realty
Shikhar Palms
possession by Dec 2027 · Millennium Group
Shinde Arcade
possession by Dec 2030 · Not Available

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