Vikas Narayan Raikar
MahaRERA Property Intelligence · Mumbai Suburban
P51800002093 · Chembur · promoter Vikas Narayan Raikar
| MahaRERA registration | P51800002093 |
| Registered on | 31 Jul 2017 |
| Promoter-declared completion | 21 Dec 2020 |
| Current status | Certificate Signed |
| Against today | about 67 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.
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+13.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| SAGAR APARTMENT | 1 | G+13 | 20 Mar 2019 |
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 |
|---|---|---|
| 21 Dec 2020 | 21 Dec 2020 | The stop work notice dt.17.01.2018 was issued by the office of the collector MSD stating that since the plot of land was having B1 tenure we should have obtained the approval from |
| 21 Dec 2020 | 19 Mar 2020 | The MCGM Has to Stop construction work since the plot is having B1 tenure and the work can start after obtaining the Collectors permission. |
Located at Chembur, Swastik Park , Kurla, Mumbai Suburban, 400071. Per the filed land record, the plot is bounded to the north by CTS NO 366-1, to the south by CTS NO 366-53, to the east by 18 MTR WIDE D P ROAD and to the west by CTS NO 364. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 2 km |
| Bandra Kurla Complex (BKC) | 2 km |
| Powai / Hiranandani business park | 5 km |
| Andheri MIDC / SEEPZ | 6 km |
| Lower Parel / Worli business district | 11 km |
| Nariman Point / Fort | 18 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 SAGAR APARTMENT?
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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Vikas Narayan Raikar is the promoter on 3 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).
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