MahaRERA Property Intelligence · Thane

SHALIMAR CO.OP HSG SOC LTD

P51700027861 · KOPRI · promoter Neena Shailesh Paranjape

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51700027861
Registered on10 Jan 2021
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 months to 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, Neena Shailesh Paranjape is the promoter of record on 50 projects, of which 4 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.

Construction Progress

MahaRERA's cost filing puts construction at ~31.0% of the estimated project cost incurred as of the last certificate (₹4.34 Cr spent against a ₹14.00 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. With only ~11 months to the declared date and ~31.0% of the cost incurred, ask the promoter how the balance gets built in the time left.

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.

Sales & Inventory

Of 15 homes filed with MahaRERA, 7 are sold/booked and 8 remain available (~47% sold) — selling steadily. Buyers have committed ₹7.59 Cr in agreement value so far. Of that, ₹5.87 Cr (~77%) is already collected, ₹1.72 Cr receivable — a read on how far along these sales really are. Note: the project registers 37 homes in total, but this sold/unsold inventory filing covers only 15 of them — the other 22 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 7 registered agreements, the effective carpet rate is ₹17,383/sqft (typical range ₹11,366–₹57,030) — 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:

FloorUnitCarpetReckoner value
Floor 1101744 sqft (69.15 sqm)₹82.81 Lakh
Floor 1102748 sqft (69.48 sqm)₹83.21 Lakh
Floor 121201748 sqft (69.48 sqm)₹83.21 Lakh
Floor 131301747 sqft (69.39 sqm)₹91.75 Lakh
Floor 131302748 sqft (69.48 sqm)₹1.04 Cr
Floor 8801748 sqft (69.48 sqm)₹83.21 Lakh
Floor 8802458 sqft (42.51 sqm)₹50.91 Lakh
Ground/Floor 0Shop No. 775 sqft (6.95 sqm)₹11.45 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.

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+13 and 37 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHALIMAR CO OP HSG SOC LTD1G+133731 Oct 2023

Unit mix on the filing: 24 residential and 13 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 3 court cases on this project to MahaRERA. 2 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
Civil Judge8842017Pending
Civil Judge1242018Pending
: Civil Judge (Senior Division), Thane At ThaneR.C.S.No.884/20172017Ongoing

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 Apr 202431 May 2026Dear Sir, We have got approval of Ancillary FSI from the authority, because of that the 13th floor has been extended to 17th floor. Therefore, We need extra time to complete the p
30 Apr 202430 Jun 2027Change of Promoter

Location, Land & Connectivity

Located at KOPRI, PAI ROAD, Mumbai City, Mumbai City, 400603. Per the filed land record, the plot is bounded to the north by LATITUDE 19 11 04 06 N LONGITUDE 72 58 27 59 E, to the south by LATITUDE 19 11 02 65 N LONGITUDE 72 58 27 47 E, to the east by LATITUDE 19 11 03 16 N LONGITUDE 72 58 27 97 E and to the west by LATITUDE 19 11 03 31 N LONGITUDE 72 58 27 39 E. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~13 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park13 km
Andheri MIDC / SEEPZ14 km
Chhatrapati Shivaji Int'l Airport18 km
Bandra Kurla Complex (BKC)20 km
Lower Parel / Worli business district28 km
Nariman Point / Fort36 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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Other RERA-registered projects in Kopri

Amar Pushpakunj
possession by Jul 2026 · Avighna Redevelopers
Sujan CO-OP. Hsg. Soc. LTD
possession by Aug 2026 · Joshi AND Vishwas Realtors LLP
Viraj Heights
possession by Dec 2026 · V-RAJ Buildcon
Amogh Ratan
possession by Dec 2026 · Aashish Krishanarao Pathare
Royal Height - Building B
possession by Dec 2026 · New Royal Construction Company.
Ajita CO-Operative Housing Society Limited
possession by Mar 2027 · Govind Ojass Edifice Pvt. Ltd.

Other RERA-registered projects in Thane

Shalina Heights
declared completion Dec 2018 · Moonshine Realtors PVT LTD
Shalom Jove
declared completion Dec 2019 · Cottadiyil Enterprises
Shambhu Shankar Residency
possession by Dec 2026 · Vidisha Constructions
Shanita Apartment
possession by Jan 2027 · Shubham Shrikrishna Tare
Shankar Complex II
declared completion Dec 2019 · Jarimari Residency
Shankar Heights Galaxy Wing
declared completion Dec 2019 · Laxmi Kamal Associates

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