Shepherd Horizon
MahaRERA Property Intelligence · Mumbai Suburban
P51800007498 · promoter Grace Estate Builders
| MahaRERA registration | P51800007498 |
| Registered on | 17 Aug 2017 |
| Promoter-declared completion | 31 May 2025 |
| Current status | Certificate Signed |
| Against today | about 14 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, Grace Estate Builders is the promoter of record on 23 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.
Of 78 homes filed with MahaRERA, 77 are sold/booked and 1 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹45.72 Cr in agreement value so far. Of that, ₹45.03 Cr (~98%) is already collected, ₹68.79 Lakh receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 77 registered agreements, the effective carpet rate is ₹6,833/sqft (typical range ₹5,647–₹11,905) — 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 16 | 1604 | 469 sqft (43.56 sqm) | ₹91.42 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+17 and 78 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Grace Pinnacle | 1 | G+17 | 78 | - |
Unit mix on the filing: 78 residential.
3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000078992 | 21/04/2019 | Gaurang Parikh/Others vs Grace Estate Builders | order passed |
| CC006000000344231 | 06/02/2023 | Manish P Mody vs Grace Estate Builder | order passed |
| CC12501592 | 14/05/2025 | Santosh Shinde vs Grace Pinnacle CHSL | order passed |
The promoter has had the MahaRERA completion deadline formally extended 3 times. 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 |
|---|---|---|
| 31 May 2025 | 30 Jun 2019 | Delay in eligiblity of 11 slumdwellers by competent authority. |
| 31 May 2025 | 30 Aug 2021 | Eligibility is pending of tenants |
| 31 May 2025 | 31 May 2025 | Pendency of deciding the eligibility of few occupants and same is pending with the Asst. Municipal Commissioner M.C.G.M. |
Located at 0, Andheri, Mumbai Suburban, 400058. Per the filed land record, the plot is bounded to the north by Dadabhai Navroji Cross Road 1, to the south by Tehsildar Office, to the east by CTS 151 and to the west by Sai Laxmi CHS. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 3 km |
| Chhatrapati Shivaji Int'l Airport | 5 km |
| Powai / Hiranandani business park | 7 km |
| Bandra Kurla Complex (BKC) | 7 km |
| Lower Parel / Worli business district | 14 km |
| Nariman Point / Fort | 22 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.
🔒 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 Grace Pinnacle?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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