MahaRERA Property Intelligence · Raigarh

Cluster G

P52000009953 · promoter Shibam Associates

Certificate SignedDue 14 May 2022

Delivery & Registration

MahaRERA registrationP52000009953
Registered on23 Aug 2017
Promoter-declared completion14 May 2022
Current statusCertificate Signed
Against todayabout 50 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+5.

BuildingWingsFloorsDeclared completion
G1 and G21G+5-
G3 and G41G+5-
G5 and G61G+5-
G7 and G81G+5-

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 6mtr road, to the south by Open Space, to the east by Adj H No1 and Adj H No3 and to the west by 9mtr Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~47 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 park47 km
Bandra Kurla Complex (BKC)49 km
Chhatrapati Shivaji Int'l Airport50 km
Andheri MIDC / SEEPZ51 km
Lower Parel / Worli business district52 km
Nariman Point / Fort53 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
Past its declared completion dateRaigarh
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 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
Commanders Heera Siddhi Homes
possession by Dec 2027 · Megaplex Properties LLP
Commanders Heera Siddhi Homes Phase III
possession by Dec 2027 · Megaplex Properties 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: 27 Jul 2026