Shah Group Builders LTD
MahaRERA Property Intelligence · Raigarh
P52000011435 · kHARGHAR · promoter Shah Group Builders
| MahaRERA registration | P52000011435 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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.
MahaRERA's cost filing puts construction at ~59.2% of the estimated project cost incurred as of the last certificate (₹29.65 Cr spent against a ₹50.06 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 119 homes filed with MahaRERA, 119 are sold/booked (106 with registered agreements + 13 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹115.72 Cr in agreement value so far. Of that, ₹102.83 Cr (~89%) is already collected, ₹12.89 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 119 registered agreements, the effective carpet rate is ₹20,375/sqft (typical range ₹16,445–₹34,079) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+30 and 119 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SHAH KINGDOM PHASE III SHOPI C WING SHOPS AND PODIUMS | 1 | G+0 | 71 | - |
| RESIDENTIAL | 1 | G+30 | 48 | 30 Dec 2023 |
Unit mix on the filing: 48 residential and 71 non-residential (shops/offices).
4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000012358 | 21/12/2017 | Riyazuddin Shaikh vs Nalin shah | order passed |
| CC006000000055698 | 08/08/2018 | Clyde Bosco Castellino & Adelaide Preyra vs Shah Group Builders Ltd | order passed |
| CC006000000193256 | 31/05/2020 | Shah Kingdom Cooperative Housing Society Ltd (society) vs Shah Group Builder Ltd | order passed |
| CC006000000193490 | 22/07/2020 | Shah Kingdom Association of Allottees vs M/S Shah Group Builders Ltd | order passed |
⚠ A co-operative housing society is the complainant here (Shah Kingdom Cooperative Housing Society Ltd) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.
The promoter has declared 1 court case on this project to MahaRERA. 1 is 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay High Court | 347 | 2015 | Pending For Admission |
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.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Dec 2023 | 31 Dec 2027 | The project under consideration has been stressed and stalled owing to various debts and mounting interest of secured nature. The company was subject to insolvency proceedings und |
Located at kHARGHAR, SECTOR 20, Thane, Thane, 410210. Per the filed land record, the plot is bounded to the north by 11 MTRS WIDE ROAD, to the south by 35 MTRS WIDE ROAD, to the east by 15 MTRS WIDE ROAD and to the west by 15 MTRS WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~19 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 19 km |
| Bandra Kurla Complex (BKC) | 22 km |
| Chhatrapati Shivaji Int'l Airport | 22 km |
| Andheri MIDC / SEEPZ | 23 km |
| Lower Parel / Worli business district | 26 km |
| Nariman Point / Fort | 30 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 SHAH KINGDOM PHASE III C WING SHOPS AND PODIUMS?
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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Shah Group Builders LTD is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
See every Shah Group Builders LTD project & its RERA track record →
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