Mumbai/Project record

MahaRERA · the public record

KRISHVI ESCAPE

Bhuleshwar · SHAGUN REALTY

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

47units filed as unsoldInventory · 17 September 2026
30 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
521registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Dec 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51900023229

Delivery and registration

When is the project declared for completion?

KRISHVI ESCAPE is registered with MahaRERA as P51900023229 and the promoter has declared completion for 30 Dec 2026.

30 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51900023229
Registered on06 Dec 2019
Promoter-declared completion30 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for KRISHVI ESCAPE record 26 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 26 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Shagun Realty is the promoter of record on 36 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

36projects

registered with MahaRERA

3flagged

by 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 12 Jul 2026

Construction

How much construction cost has been reported?

In KRISHVI ESCAPE, ₹143.65 Cr of a declared ₹165.00 Cr estimated project cost is reported as incurred, about 87.1%, as at the last certified filing with MahaRERA.

87.1%

₹143.65 Cr

of ₹165.00 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 12 Jul 2026

Sales

How much has actually been sold?

In KRISHVI ESCAPE, 89 of 136 homes filed with MahaRERA are recorded as sold or booked (81 with registered agreements and 8 booked), about 65%, and 47 remain available.

65%sold

89 of 136 homes

₹173.81 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, ₹167.15 Cr (about 96%) is recorded as collected and ₹6.66 Cr as receivable. The project registers 521 homes in total, while this sold/unsold inventory filing covers 136 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 89 registered agreements, the effective carpet rate is ₹21,150/sqft, with eight in ten falling between ₹18,491 and ₹27,408 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 17 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 89 homes carry one, and 47 of the 136 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
B - 3103819 sqftRs 1.6337 cr typical, over Rs 50.00 lakh to Rs 1.9250 cr21 filed on this stack, floors 9–46

A filed consideration is what was registered for one home. 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 home is available to you today.

In KRISHVI ESCAPE, 37 of the 47 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 46 homes — ₹2,999 →

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+59 and 521 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Krishvi Escape1G+59521-

Unit mix on the filing: 441 residential and 80 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 2 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Small Causes Court200011/20002000Pending
Bombay City Civil102375/20172017Pending

Location, Land & Connectivity

Located at Bhuleshwar, 4th Floor, A wing, Krishvi Escape, Sitaram Podar Marg, near Vinay Health Home, Fanaswadi , Mumbai City, Mumbai City, 400002. Per the filed land record, the plot is bounded to the north by Babasaheb Jaykar Marg, to the south by Kapreshwar Marg, to the east by Sitaram Podar Marg and to the west by Jaobawadi. These are the boundaries as recorded in the filed land record.

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Other RERA-registered projects in Bhuleshwar

Lifescapes Kshitij
Developer in insolvency (NCLT) · possession by Nov 2026 · Roxina Real Estate Pvt. Ltd.
Soutth Bay
possession by Dec 2026 · M/s. Sambhav Shelters
Ocean Drive
possession by Mar 2027 · Atul Projects GK Private Limited
Ajmera Downtown
possession by Dec 2027 · Ashjit Realties Pvt. Ltd.
Aryam
possession by Dec 2027 · Myra Infrastructure
Subodh Sagar
possession by Dec 2027 · Subodh Darshan Associates

Major developers building in Bhuleshwar

Other RERA-registered projects in Mumbai City

Krishvi Heights
declared completion Aug 2026 · M/s Shagun Associates
Krypton Crown
possession by Mar 2027 · Krypton Creation
KSA Amaira
possession by Dec 2029 · K S A AND Associates
KSA Palms
possession by Dec 2027 · M/s. KSA Enterprises
KSA Royale
declared completion Jun 2026 · M/s.ksa Developers
KSA Royale B Wing
possession by Dec 2029 · KSA Developers

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: 20 Sep 2026