Shepherd Horizon
MahaRERA Property Intelligence · Mumbai Suburban
P51800049426 · Andheri West · promoter Pratham Vighnaharta Infracon
| MahaRERA registration | P51800049426 |
| Registered on | 08 Feb 2023 |
| Promoter-declared completion | 06 Oct 2025 |
| Current status | Certificate Signed |
| Against today | about 9 months past the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Pratham Vighnaharta Infracon is the promoter of record on 44 projects, of which 3 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
MahaRERA's cost filing puts construction at ~69.6% of the estimated project cost incurred as of the last certificate (₹24.78 Cr spent against a ₹35.59 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows. The declared completion date has already passed while the cost-incurred filing sits at ~69.6% — a wide gap between the promise and the money actually spent on site.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 72 homes filed with MahaRERA, 54 are sold/booked (53 with registered agreements + 1 booked) and 18 remain available (~75% sold) — selling steadily. Buyers have committed ₹81.39 Cr in agreement value so far. Of that, ₹64.61 Cr (~79%) is already collected, ₹16.78 Cr receivable — a read on how far along these sales really are. Note: the project registers 104 homes in total, but this sold/unsold inventory filing covers only 72 of them — the other 32 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 54 registered agreements, the effective carpet rate is ₹26,771/sqft (typical range ₹24,689–₹28,766) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 19 | 1903 | 530 sqft (49.28 sqm) | ₹1.05 Cr |
| Floor 19 | 1905 | 540 sqft (50.15 sqm) | ₹1.07 Cr |
| Floor 2 | 201 | 505 sqft (46.89 sqm) | ₹91.18 Lakh |
| Floor 20 | 2001 | 505 sqft (46.88 sqm) | ₹1.00 Cr |
| Floor 20 | 2002 | 628 sqft (58.37 sqm) | ₹1.25 Cr |
| Floor 20 | 2003 | 530 sqft (49.28 sqm) | ₹1.05 Cr |
| Floor 20 | 2004 | 628 sqft (58.37 sqm) | ₹1.25 Cr |
| Floor 20 | 2005 | 540 sqft (50.15 sqm) | ₹1.07 Cr |
| Floor 21 | 2101 | 505 sqft (46.88 sqm) | ₹1.00 Cr |
| Floor 21 | 2102 | 628 sqft (58.37 sqm) | ₹1.25 Cr |
| Floor 21 | 2103 | 530 sqft (49.28 sqm) | ₹1.05 Cr |
| Floor 21 | 2104 | 628 sqft (58.37 sqm) | ₹1.25 Cr |
| Floor 21 | 2105 | 540 sqft (50.15 sqm) | ₹1.07 Cr |
| Floor 3 | 305 | 540 sqft (50.15 sqm) | ₹97.52 Lakh |
| Floor 4 | 401 | 505 sqft (46.89 sqm) | ₹91.18 Lakh |
| Floor 6 | 601 | 505 sqft (46.89 sqm) | ₹95.74 Lakh |
| Ground/Floor 0 | G1 | 472 sqft (43.88 sqm) | ₹85.32 Lakh |
| Ground/Floor 0 | G2 | 442 sqft (41.1 sqm) | ₹79.92 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
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+19 and 104 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ARC Aura | 1 | G+19 | 104 | - |
Unit mix on the filing: 102 residential and 2 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12502281 | 07/07/2025 | A and A Shelters Gajmukh CHSL (society) vs PRATHAM VIGHNAHARTA INFRACON LLP | order passed |
⚠ A co-operative housing society is the complainant here (A and A Shelters Gajmukh CHSL) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Jun 2025 | 06 Oct 2025 | Applying for post facto extension, Occupancy certificate received |
Located at Andheri West, Azad Nagar, Ward GNorth, Mumbai City, 400058. Per the filed land record, the plot is bounded to the north by Building No 47, to the south by Building No 49, to the east by Mhada Layout boundary and to the west by 9 15 Meter Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in ARC Aura?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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: 27 Jul 2026