NEW RAJENDRA NAGAR- SHYAM ENCLAVE

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Shree Shyam Devlopers is the promoter of record on 70 projects, of which 14 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.

Sales & Inventory

Of 37 homes filed with MahaRERA, 11 are sold/booked and 26 remain available (~30% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.05 Cr in agreement value so far. Of that, ₹2.01 Cr (~98%) is already collected, ₹4.20 Lakh receivable — a read on how far along these sales really are. Note: the project registers 64 homes in total, but this sold/unsold inventory filing covers only 37 of them — the other 27 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 11 registered agreements, the effective carpet rate is ₹6,306/sqft (typical range ₹4,966–₹6,562) — 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:

⚠ The inventory filing also declares: 27 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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 and 64 homes are registered across the project.

Unit mix on the filing: 48 residential and 16 non-residential (shops/offices).

Complaints

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

Deadline Extensions

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.

Location, Land & Connectivity

Located at KASHIPADA, DHANSAR, SURVEY NO 197/3, Mumbai City, Mumbai City, 401404. Per the filed land record, the plot is bounded to the north by ROAD, to the south by 197, to the east by LAYOUT ROAD and to the west by 197. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~65 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.

Other RERA-registered projects in Palghar

Major developers building in Palghar

Other RERA-registered projects in Palghar

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.