Rushabh Apartment
MahaRERA Property Intelligence · Mumbai Suburban
P51800009321 · Borivali East · promoter Aavishkar Enterprises
| MahaRERA registration | P51800009321 |
| Registered on | 22 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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, Aavishkar Enterprises is the promoter of record on 7 projects, of which 3 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.
MahaRERA's cost filing puts construction at ~87.3% of the estimated project cost incurred as of the last certificate (₹9.31 Cr spent against a ₹10.66 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 26 homes filed with MahaRERA, 23 are sold/booked and 3 remain available (~88% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹18.73 Cr in agreement value so far. Of that, ₹13.18 Cr (~70%) is already collected, ₹5.56 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 23 registered agreements, the effective carpet rate is ₹10,124/sqft (typical range ₹8,955–₹14,084) — 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 10 | Flat no.1002 | 408 sqft (37.94 sqm) | ₹41.08 Lakh |
| Floor 10 | Flat no.1003 | 532 sqft (49.47 sqm) | ₹62.84 Lakh |
| Floor 10 | Flat no.1004 | 532 sqft (49.47 sqm) | ₹63.81 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+12 and 26 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SHAMBHAV DARSHAN | 1 | G+12 | 26 | - |
Unit mix on the filing: 20 residential and 6 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 |
|---|---|---|---|
| CC006000000480392 | 06/05/2024 | Shripal V Jain vs M/s Aavishkar Enterprises | order passed |
| CC006000000500585 | 27/05/2024 | Ishwar Jugalkishore Gupta vs M/s Aavishkar Enterprises | order passed |
| CC006000000500586 | 27/05/2024 | Ishwar Jugalkishore Gupta vs M/s Aavishkar Enterprises | order passed |
| SM12600338 | 21/05/2026 | Bhakti Achrekar vs AAVISHKAR ENTERPRISES | 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 |
|---|---|---|
| 31 Dec 2024 | 30 Dec 2021 | Due to pandemic Covid-19, work of the project has stopped and discontinued.Further work will start as lock down gets over and worker and contractor are able to commute and visit t |
| 31 Dec 2024 | 31 Dec 2024 | Due to the pandemic Covid-19, the work of the project has stopped and been discontinued. Further work will start as the lockdown gets over and workers and contractors are able to c |
| 30 Dec 2020 | 31 Dec 2026 | 1) Even after the Suo-moto extension granted by the Authority after the COVID-19 pandemic, a shortage of skilled labourers and Building Materials for a longer time affected the con |
Located at Borivali East, Main Kasturba Roadd, Borivali, Mumbai Suburban, 400066. Per the filed land record, the plot is bounded to the north by MAIN KASTURBA ROAD, to the south by FP NO 77B, to the east by F P NO 74 and to the west by FP NO 72. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~46 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 |
|---|---|
| Andheri MIDC / SEEPZ | 46 km |
| Chhatrapati Shivaji Int'l Airport | 48 km |
| Powai / Hiranandani business park | 49 km |
| Bandra Kurla Complex (BKC) | 50 km |
| Lower Parel / Worli business district | 53 km |
| Nariman Point / Fort | 59 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 SHAMBHAV DARSHAN?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
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.
Free · Watch this project
We'll email you when this project's RERA record changes.
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