Navkar Palazzo
MahaRERA · the public record
Shikhhar
Borivali West · MAHAVIR LAND DEVELOPER
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4units filed as unsoldInventory · 25 October 2026
30 Sep 2026declared completionMahaRERA registration · read 19 Jul 2026
62registered unitsMahaRERA registration · read 19 Jul 2026
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Registration read 19 Jul 2026RERA details for Shikhhar
MahaRERA · P51800051096
Delivery and registration
When is the project declared for completion?
Shikhhar is registered with MahaRERA as P51800051096 and the promoter has declared completion for 30 Sep 2026.
30 Sep 2026
declared completion
1months past
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 19 Jul 2026
| MahaRERA registration | P51800051096 |
| Registered on | 29 May 2023 |
| Promoter-declared completion | 30 Sep 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past the declared date |
Promoter record
What else is this promoter on record for?
MAHAVIR LAND DEVELOPER is the promoter of record on 2 projects registered with MahaRERA.
2projects
registered with 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 19 Jul 2026
Construction
How much construction cost has been reported?
In Shikhhar, ₹67.03 Cr of a declared ₹88.00 Cr estimated project cost is reported as incurred, about 76.2%, as at the last certified filing with MahaRERA.
76.2%
₹67.03 Cr
of ₹88.00 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 19 Jul 2026
Sales
How many are filed as sold or booked?
In Shikhhar, 22 of 26 units filed with MahaRERA are recorded as sold or booked, about 85%, and 4 are filed as unsold.
85%sold or booked
22 of 26 units
₹49.59 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, ₹46.85 Cr (about 94%) is recorded as collected and ₹2.73 Cr as receivable. The registration lists 62 units; this inventory lists 26. These are separate filed records. Their counts do not match; neither count establishes today's availability.
Source · MahaRERA sold/unsold inventory filing · read 19 Jul 2026
Filed agreement values: across 22 sold or booked entries with usable filed values and areas, the effective carpet rate is ₹23,964/sqft, with eight in ten falling between ₹22,520 and ₹24,991 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the unit.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 20 | 2001 | 947 sqft (87.95 sqm) | ₹2.74 Cr |
| Floor 6 | 602 | 639 sqft (59.38 sqm) | ₹88.25 Lakh |
| Floor 7 | 701 | 1,046 sqft (97.16 sqm) | ₹1.44 Cr |
| Ground/Floor 0 | Shop No.1 | 1,598 sqft (148.45 sqm) | ₹5.52 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, unit by unit
Read from MahaRERA on 25 October 2026
MahaRERA publishes, unit by unit, what this promoter filed: which units are sold and which are not, the RERA carpet area of each, and for sold or booked entries the filed agreement value — the consideration filed for that specific unit. On this project 22 units carry one, and 4 of the 26 are recorded unsold.
Here is one unit filed as unsold, beside the amounts filed for comparable units:
| Unit | Carpet | Filed comparison | Based on |
|---|---|---|---|
| A WING-701 | 1,046 sqft | Rs 2.39 cr typical, over Rs 2.30 cr to Rs 2.63 cr | 9 filed · similar area (within 2%), elsewhere in project |
A filed consideration is the amount the promoter reported 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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Shikhhar, 3 of the 4 unsold units have filed sales to compare with. The Sales Report gives each of them its own row — the filed agreements behind its comparison listed in full, the government reckoner value the promoter filed against it, and mortgage status where the filing supplies it. Missing mortgage information is not confirmation that a unit is free of a mortgage. Built from the filing itself, sent by email.
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+21 and 62 units are registered across the project.
| Building | Wings | Floors | Units | Declared completion |
|---|---|---|---|---|
| A WING | 1 | G+21 | 32 | - |
| B WING | 1 | G+21 | 30 | - |
Unit mix on the filing: 60 residential and 2 non-residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Location, Land & Connectivity
Located at Borivali West, Chandavarkar Road, Borivali, Mumbai Suburban, 400092. Per the filed land record, the plot is bounded to the north by By Chandavarkar Road, to the south by By remaining portion of Plot No 1, to the east by By neighboring Society and to the west by By passage. These are the boundaries as recorded in the filed land record.