MahaRERA Property Intelligence · Mumbai Suburban

Shankar Bhavan Premises Co-operative Society Limited

P51900009596 · Chembur · promoter Mishal Construction Private

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51900009596
Registered on22 Aug 2017
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, Mishal Construction Private is the promoter of record on 16 projects, of which 8 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.

Sales & Inventory

Of 10 homes filed with MahaRERA, 10 are sold/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 ₹17.86 Cr in agreement value so far. Of that, ₹13.30 Cr (~74%) is already collected, ₹4.56 Cr receivable — a read on how far along these sales really are. Note: the project registers 28 homes in total, but this sold/unsold inventory filing covers only 10 of them — the other 18 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 10 registered agreements, the effective carpet rate is ₹20,891/sqft (typical range ₹18,666–₹26,235) — 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.

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+14 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Shankar Bhavan Premises Co-operative Society Limited1G+142831 Dec 2019

Unit mix on the filing: 27 residential and 1 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 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 202330 Dec 2020Due to change in Approval authority, draft development plan has come into force effecting from September 2018 and implementation on the same has been clarified by certain circulars
31 Dec 202331 Dec 2022Due to Change in Policy & Pandemics
31 Dec 202331 Dec 2023Covid
31 Dec 201930 Jun 2026Firstly, during the period of execution, the outbreak of the COVID-19 pandemic severely disrupted construction activities, availability of labour, supply chains, and functioning of

Location, Land & Connectivity

Located at Chembur, D K Sandhu Marg & 11th Road, Mumbai City, Mumbai City, 400071. Per the filed land record, the plot is bounded to the north by Plot 215-216A of Suburban Scheme No III of Chembur, to the south by By 11th road, to the east by By Plot 213 of Suburban Scheme No III of Chembur and to the west by By DK Sandu Marg. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)3 km
Chhatrapati Shivaji Int'l Airport5 km
Powai / Hiranandani business park7 km
Andheri MIDC / SEEPZ9 km
Lower Parel / Worli business district10 km
Nariman Point / Fort17 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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Builder track record

Mishal Construction Private Limited is the promoter on 12 MahaRERA-registered projects, of which 8 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 Mishal Construction Private Limited project & its RERA track record →

Other flagged projects by Mishal Construction Private Limited

Mishal Construction Private Limited
Past its declared completion dateMumbai Suburban
Mishal Construction Private Limited
Not filing quarterly progress reportsMumbai Suburban
Mishal Construction Private Limited
Past its declared completion dateMumbai Suburban
Mishal Construction Private Limited
FlaggedMumbai Suburban
Mishal Construction Private Limited
Past its declared completion dateMumbai Suburban
Mishal Construction Private Limited
Past its declared completion dateMumbai Suburban

Other RERA-registered projects in Chembur

Chembur Deep Jyoti CHS LTD
possession by Jul 2026 · P M Developers
Hubtown Seasons - B Wing
possession by Jul 2026 · Joynest Premises Privatelimited
Gurukripa
possession by Sep 2026 · Inspira Realty And Infra Private Limited
Kranti Heights
possession by Sep 2026 · Sidhivinayak Constructions
Mass Metropolis
possession by Sep 2026 · Grace Urban Development Corporation
Mohite Mrugank
possession by Sep 2026 · Mohite Infraprojects Private Limited

Major developers building in Chembur

Other RERA-registered projects in Mumbai Suburban

Shankar Darshan CHS LTD
possession by Dec 2026 · Majestic Royale Developers
Shanker Smruti CHS LTD
declared completion Mar 2019 · Shree Shakti Construction Company
Shankeshwar Apartment
possession by Dec 2026 · Navkar Developers
Shankeshwar Heights
possession by Jun 2029 · Sunny Developers & Builders LLP
Shanta Bhuvan CHS Ltd
declared completion Mar 2020 · Labh Homes Creations And Holdings Pvt. L
Shanta Mangesh Apartment
declared completion Dec 2019 · Shanta Mangesh Developers Private Limite

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