Mumbai/Project record

MahaRERA · the public record

RAMAN CAPITAL

KANDIVALI WEST · SHANTI DEVELOPERS

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179units filed as unsoldInventory · 19 September 2026
31 Jul 2027declared completionMahaRERA registration · read 12 Jul 2026
344registered 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

31 Jul 2027

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 · P51800076821

Delivery and registration

When is the project declared for completion?

RAMAN CAPITAL is registered with MahaRERA as P51800076821 and the promoter has declared completion for 31 Jul 2027.

31 Jul 2027

declared completion

10months 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 registrationP51800076821
Registered on28 Jun 2024
Promoter-declared completion31 Jul 2027
Current statusCertificate Signed
Against today10 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 RAMAN CAPITAL record 8 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 — 8 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Shanti Developers is the promoter of record on 113 projects registered with MahaRERA, 18 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

113projects

registered with MahaRERA

18flagged

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 RAMAN CAPITAL, ₹79.20 Cr of a declared ₹37.62 Cr estimated project cost is reported as incurred, about 210.5%, as at the last certified filing with MahaRERA.

210.5%

₹79.20 Cr

of ₹37.62 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 RAMAN CAPITAL, 50 of 241 homes filed with MahaRERA are recorded as sold or booked, about 21%, and 191 remain available.

21%sold

50 of 241 homes

₹32.36 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, ₹12.75 Cr (about 39%) is recorded as collected and ₹19.62 Cr as receivable. The project registers 344 homes in total, while this sold/unsold inventory filing covers 241 of them.

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

What buyers actually paid: across 50 registered agreements, the effective carpet rate is ₹20,001/sqft, with eight in ten falling between ₹19,844 and ₹20,186 — 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 19 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 62 homes carry one, and 179 of the 241 are recorded unsold. Since we started watching this ledger, 12 homes have moved out of the unsold list, most recently on 11 September 2026.

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
Office no.1613411 sqftRs 19,998 a sq ft typical, over Rs 19,844 to Rs 20,0019 filed at this size

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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In RAMAN CAPITAL, 112 of the 179 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 178 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+18 and 344 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
RAMAN CAPITAL1G+18344-

Unit mix on the filing: 344 non-residential (shops/offices).

Complaints

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

Location, Land & Connectivity

Located at KANDIVALI WEST, NARAYADAS JOSHI ROAD, Borivali, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by NARAYANDAS JOSHI ROAD, to the south by CTS NO 58-59, to the east by SHARDA BHUVAN and to the west by ADANI ELECTRIC OFFICE. These are the boundaries as recorded in the filed land record.

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Builder track record

Shanti Developers is the promoter on 4 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Shanti Developers

Other RERA-registered projects in Kandivali West

Neelam CHS LTD
possession by Sep 2026 · Sapriya Developers
Alok
possession by Sep 2026 · Shree Dhanesh Buildcon
SAI Elegance
possession by Sep 2026 · Nirav Thaker Buildcon LLP
Shree Vallabh
possession by Sep 2026 · Mamtora Enterprise
Yamuna Maharani Heights
possession by Sep 2026 · K B Associates
Goyal Aspire
possession by Oct 2026 · Nexa Buildcon LLP

Other RERA-registered projects in Mumbai Suburban

Ramchandra Enclave
possession by Jul 2027 · Mango Village Private Limited
Ramdev Heights
declared completion Jul 2019 · M/S Gauri Corporation
Ramdev Veeral Heights
declared completion Aug 2026 · Ramdev Associates
Rameehans Galaxy
possession by Mar 2029 · Rameehans Dwellers LLP
Ramkrishna
declared completion Jul 2023 · Shreeji Lifespace
Ramkrishna
possession by Dec 2026 · M/s. Suryashobha Homes 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: 20 Sep 2026