Saptrishi Realtors
MahaRERA Property Intelligence · Mumbai Suburban
P51800017508 · Nehru Nagar · promoter Saptrishi Realtors
| MahaRERA registration | P51800017508 |
| Registered on | 23 Aug 2018 |
| Promoter-declared completion | 31 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 8 months to 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.
Across MahaRERA, Saptrishi Realtors is the promoter of record on 11 projects, of which 1 carries 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.
MahaRERA's cost filing puts construction at ~51.1% of the estimated project cost incurred as of the last certificate (₹44.06 Cr spent against a ₹86.23 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 95 homes filed with MahaRERA, 68 are sold/booked (59 with registered agreements + 9 booked) and 27 remain available (~72% sold) — selling steadily. Buyers have committed ₹45.40 Cr in agreement value so far. Of that, ₹19.31 Cr (~43%) is already collected, ₹26.09 Cr receivable — a read on how far along these sales really are. Note: the project registers 134 homes in total, but this sold/unsold inventory filing covers only 95 of them — the other 39 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 68 registered agreements, the effective carpet rate is ₹14,325/sqft (typical range ₹12,251–₹17,255) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 1 | 102 | 487 sqft (45.2 sqm) | ₹87.48 Lakh |
| Floor 11 | 1105 | 421 sqft (39.1 sqm) | ₹75.78 Lakh |
| Floor 14 | 1406 | 527 sqft (49 sqm) | ₹94.92 Lakh |
| Floor 15 | 1501 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 15 | 1502 | 482 sqft (44.8 sqm) | ₹86.76 Lakh |
| Floor 16 | 1607 | 526 sqft (48.9 sqm) | ₹94.68 Lakh |
| Floor 17 | 1701 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 17 | 1702 | 487 sqft (45.2 sqm) | ₹87.48 Lakh |
| Floor 17 | 1703 | 589 sqft (54.7 sqm) | ₹1.06 Cr |
| Floor 17 | 1704 | 305 sqft (28.3 sqm) | ₹54.90 Lakh |
| Floor 17 | 1707 | 526 sqft (48.9 sqm) | ₹94.68 Lakh |
| Floor 17 | 1708 | 568 sqft (52.8 sqm) | ₹1.02 Cr |
| Floor 2 | 201 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 2 | 202 | 487 sqft (45.2 sqm) | ₹87.48 Lakh |
| Floor 2 | 203 | 589 sqft (54.7 sqm) | ₹1.06 Cr |
| Floor 4 | 401 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 4 | 403 | 589 sqft (54.7 sqm) | ₹1.06 Cr |
| Floor 5 | 501 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 5 | 502 | 487 sqft (45.2 sqm) | ₹87.48 Lakh |
| Floor 6 | 601 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 6 | 602 | 487 sqft (45.2 sqm) | ₹87.48 Lakh |
| Floor 6 | 603 | 589 sqft (54.7 sqm) | ₹1.06 Cr |
| Floor 7 | 701 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 8 | 801 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
| Floor 8 | 804 | 305 sqft (28.3 sqm) | ₹54.90 Lakh |
| Floor 9 | 901 | 508 sqft (47.2 sqm) | ₹91.44 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
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 134 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SAPTARSHI MARK | 1 | G+18 | 134 | - |
Unit mix on the filing: 134 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000292251 | 10/08/2022 | SUVARNA SHANKAR SURYAWANSHI vs MS SAPTRISHI REALOTRS | order passed |
The promoter has had the MahaRERA completion deadline formally extended 3 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 2023 | 29 Dec 2024 | As per the attachment |
| 30 Dec 2023 | 29 Dec 2025 | As per attachment |
| 30 Dec 2023 | 31 Mar 2027 | We are applying order bearing number 40/2022 dated 22nd December 2022 issued by the Maharashtra Real Estate Regulatory Authority(MahaRERA)” that is extension without consent |
Located at Nehru Nagar, S.G. Barve Road, Andheri, Mumbai Suburban, 400024. Per the filed land record, the plot is bounded to the north by building no 32 and 33, to the south by wide road, to the east by wide road and to the west by wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 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 SAPTARSHI MARK?
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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Saptrishi Realtors 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