MahaRERA Property Intelligence · Raigarh

Cluster D

P52000009378 · promoter Shibam Associates

Certificate SignedDue 28 Jul 2024

Delivery & Registration

MahaRERA registrationP52000009378
Registered on22 Aug 2017
Promoter-declared completion28 Jul 2024
Current statusCertificate Signed
Against todayabout 24 months past the declared date

Regulatory Standing

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.

Builder Track Record

Across MahaRERA, Shibam Associates is the promoter of record on 6 projects, of which 2 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.

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+7.

BuildingWingsFloorsDeclared completion
D11G+728 Jul 2023

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Mumbai City, Mumbai City, 410101. Per the filed land record, the plot is bounded to the north by 12mtr Road, to the south by 6mtr Road, to the east by 6mtr Road and to the west by S no 88 Hissa no 6. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~45 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 park45 km
Bandra Kurla Complex (BKC)48 km
Chhatrapati Shivaji Int'l Airport49 km
Andheri MIDC / SEEPZ49 km
Lower Parel / Worli business district53 km
Nariman Point / Fort54 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.

🔒 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Builder track record

Shibam Associates is the promoter on 6 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Shibam Associates

Shibam Associates
Not filing quarterly progress reportsRaigarh

Other RERA-registered projects in Neral

SAI Krupa Valley- Phase 1
possession by Aug 2026 · SAI Krupa Developers
Noble Apartment
possession by Aug 2026 · Asra Reality
Madina Complex
possession by Aug 2026 · Al-Hamd Developers
Arsh Apartment
possession by Sep 2026 · Mateen Rafique Patel
Naaz Plaza
possession by Sep 2026 · Prestige Reality
Aliza Apartments
possession by Dec 2026 · M/S SKY Homes

Major developers building in Neral

Other RERA-registered projects in Raigarh

Cluster F
declared completion Mar 2019 · Shibam Associates
Cluster G
declared completion May 2022 · Shibam Associates
Cluster Residency
declared completion Jun 2026 · Cluster Reality
Coco Marina
possession by Dec 2031 · Atharva Realty Private Limited
Colour Paradises
declared completion Dec 2021 · Satish Prahlad Sakla
Commanders Heera Siddhi Homes
declared completion Dec 2023 · Heera Siddhi Homes LLP

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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