MahaRERA Property Intelligence · Mumbai City

Palais Royale

P51900006786 · promoter Honest Shelters Private

Certificate SignedDue 30 Dec 2024

Delivery & Registration

MahaRERA registrationP51900006786
Registered on16 Aug 2017
Promoter-declared completion30 Dec 2024
Current statusCertificate Signed
Against todayabout 19 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, Honest Shelters Private is the promoter of record on 151 projects, of which 13 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+83.

BuildingWingsFloorsDeclared completion
Palais Royale1G+83-

Complaints & Orders

55 complaints are on the MahaRERA record for this project, with orders passed in 40. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000000160231/10/2017AJIT RASIKLAL SANGHVI vs Shree Ram Urban Infrastructure Ltd.order passed
CC00600000028214830/07/2022Mr. Shreegopal Barasia vs M/s. Honest Shelters Private Ltdorder passed
CC00600000029264712/09/2022RENAISSANCE PAINTS PVT LTD vs HONEST SHELTERS PVT LTDorder passed
CC00600000033381829/12/2022Sachin Bajla vs Honest Shelter Pvt. Ltd.order passed
CC00600000039582616/05/2023HONEST SHELTERS PVT LTD vs Official Liquidator, Bombay High Courtorder passed
CC00600000039757026/09/2023Honest Shelters Private Limited vs Ajit Rasiklal Sanghviorder passed
CC00600000040860225/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000040860424/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000040860525/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000040860825/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000042889618/01/2024Honest Shelters Private Limited vs IIFL Management Services Limitedorder passed
CC00600000042889418/01/2024Honest Shelters Private Limited vs IIFL Management Services Limitedorder passed
CC00600000040862625/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000040862525/12/2023Honest Shelters Private Limited vs India Infoline Finance Limitedorder passed
CC00600000042885216/01/2024IIFL Finance Limited vs Honest Shelters Private Limitedorder passed
CC00600000042885916/01/2024IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDorder passed
CC00600000042886316/01/2024IIFL Finance Limited vs Honest Shelters Private Limitedorder passed
CC00600000042886416/01/2024IIFL Finance Limited vs Honest Shelters Private Limitedorder passed
CC00600000042886516/01/2024IIFL Finance Limited vs Honest Shelters Private Limitedorder passed
CC00600000042886816/01/2024IIFL Finance Limited vs Honest Shelters Private Limitedorder passed
CC00600000042887016/01/2024IIFL Management Services Limited vs HONEST SHELTERS PRIVATE LTDorder passed
CC00600000042887216/01/2024IIFL Management Services Limited vs HONEST SHELTERS PRIVATE LTDorder passed
CC00600000048017122/04/2024HONEST SHELTERS PRIVATE LTD vs Gutsiness Hospitality Private Limitedorder passed
CC00600000048036306/05/2024HONEST SHELTERS PRIVATE LTD vs Congenial Hospitality Private Limitedorder passed
CC00600000058086421/06/2024Amit Gharkul Builders LLP vs HONEST SHELTERS PRIVATE LTDorder passed
CC00600000058087425/06/2024HONEST SHELTERS PRIVATE LIMITED vs ABHAY LODHAorder passed
CC00600000059132825/07/2024HONEST SHELTERS PVT LTD vs ABHAY NARENDRA LODHAorder passed
CC00600000059145207/08/2024Congenial Hospitality Private Limited vs Honest Shelters Private Ltd.order passed
CC00600000059145307/08/2024Gutsiness Hospitality Private Limited vs Honest Shelters Private Limitedorder passed
CC1240089526/11/2024HONEST SHELTERS PRIVATE LTD vs Amit Gharkul Builders LLPpending / no order on file
CC1250105328/03/2025HONEST SHELTERS PRIVATE LTD vs Sachiin Jagdishprasad Joshiorder passed
CC1250113505/04/2025Sachin Jagdishprasad Joshi vs HONEST SHELTERS PRIVATE LTDorder passed
CC1250163220/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250163320/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250165822/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDorder passed
CC1250181302/06/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDorder passed
CC1250164121/05/2025IIFL Management Services Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250164221/05/2025IIFL Management Services Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250164321/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250164521/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250164621/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250164721/05/2025IIFL Finance Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250345427/09/2025HONEST SHELTERS PRIVATE LTD vs India Infoline Finance Limitedorder passed
CC1250345527/09/2025HONEST SHELTERS PRIVATE LTD vs India Infoline Finance Limitedorder passed
CC1250345627/09/2025HONEST SHELTERS PRIVATE LTD vs India Infoline Finance Limitedorder passed
CC1250345727/09/2025HONEST SHELTERS PRIVATE LTD vs iNDIA INFOLINE FINANCE LIMITEDorder passed
CC1250345827/09/2025HONEST SHELTERS PRIVATE LTD vs IIFL Management Services Limitedorder passed
CC1250347729/09/2025HONEST SHELTERS PRIVATE LTD vs INDIA INFOLINE MANAGEMENT SERVICES LIMITEDorder passed
CC1250347929/09/2025HONEST SHELTERS PRIVATE LTD vs INDIA INFOLINE FINANCE LIMITEDorder passed
CC1250465328/12/2025Vikas Shambhukumar Kasliwal vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250465928/12/2025Vikas Shambhukumar Kasliwal vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250466028/12/2025Vikas Shambhukumar Kasliwal vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250466128/12/2025Vikas Shambhukumar Kasliwal vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1250466228/12/2025Vikas Shambhukumar Kasliwal vs HONEST SHELTERS PRIVATE LTDpending / no order on file
CC1260191131/03/2026Action Barter Private Limited vs HONEST SHELTERS PRIVATE LTDpending / no order on file

Legal & Litigation

The promoter has declared 12 court cases on this project to MahaRERA. 3 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Supreme Court Of IndiaSLP 10704-05, SLP 13527-28, SLP 202792016Disposed
Supreme Court Of IndiaTRANSFER CASE NO 271, TP 5672017Disposed
Bombay High CourtPIL/172017Disposed
Supreme Court Of IndiaTP 15952017Disposed
Bombay High CourtPIL 502017Disposed
Bombay High CourtCommercial Summary Suit 4622017Disposed
National Company Law Tribunal14722017Disposed
National Company Law Tribunal15192017Dismissed
Bombay High CourtCP/5942015Dismissed
Bombay High CourtCP/10662015Pending
Bombay High CourtCP/1039-2015 AND SS 626-20142015Pending
Bombay High Court11782016Pending

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
30 Dec 202430 Dec 2023(i) The said Project has been subject to numerous litigations and proceedings filed against us including by the erstwhile promoter, Shree Ram Urban Infrastructure Limited (“SRUIL”)
30 Dec 202430 Dec 2024Pending litigations and other matters as per application attached. Additional declaration attached dated 19.03.2024. Please consider the same.

Location, Land & Connectivity

Located at GM Bhosale Marg, Ward GSouth, Mumbai City, 400013. Per the filed land record, the plot is bounded to the north by Mhadha Building, to the south by Ganpatrao Kadam Marg, to the east by Amritwar Marg and to the west by Plot 5A. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~0 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district0 km
Nariman Point / Fort8 km
Bandra Kurla Complex (BKC)9 km
Chhatrapati Shivaji Int'l Airport11 km
Andheri MIDC / SEEPZ15 km
Powai / Hiranandani business park16 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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Major developers building in Lower Parel

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Pankaj Height
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Paramount
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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