MahaRERA Property Intelligence · Raigarh

SHANKAR HEIGHTS

P52000055586 · Plot No. 120 · promoter Sirvi Infra

Certificate SignedDue 30 Sep 2026

Delivery & Registration

MahaRERA registrationP52000055586
Registered on04 Apr 2024
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today2 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, Sirvi Infra is the promoter of record on 7 projects, of which none currently 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 ~90.0% of the estimated project cost incurred as of the last certificate (₹3.15 Cr spent against a ₹3.50 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.

Sales & Inventory

Of 15 homes filed with MahaRERA, 9 are sold/booked and 6 remain available (~60% sold) — selling steadily. Buyers have committed ₹2.58 Cr in agreement value so far. Of that, ₹1.68 Cr (~65%) is already collected, ₹89.96 Lakh receivable — a read on how far along these sales really are. Note: the project registers 29 homes in total, but this sold/unsold inventory filing covers only 15 of them — the other 14 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 9 registered agreements, the effective carpet rate is ₹9,300/sqft (typical range ₹8,067–₹10,230) — 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 2201521 sqft (48.37 sqm)₹30.71 Lakh
Floor 2204314 sqft (29.15 sqm)₹19.66 Lakh
Floor 2205314 sqft (29.15 sqm)₹19.66 Lakh
Floor 5501521 sqft (48.37 sqm)₹33.06 Lakh
Floor 5505314 sqft (29.15 sqm)₹20.64 Lakh
Ground/Floor 0SHOP 2177 sqft (16.49 sqm)₹12.42 Lakh

⚠ The inventory filing also declares: 14 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+5 and 29 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHANKAR HEIGHTS1G+529-

Unit mix on the filing: 25 residential and 4 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 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
31 Mar 202630 Sep 2026We, hereby apply for Extension u/s 7(3) of the registered project bearing vide no. P52000055586, since our project work got delayed 4-5 months in last year due to rains and shortag

Location, Land & Connectivity

Located at Plot No. 120, Sector No. 1, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by 11 Mtrs wide road, to the south by Plot No 124 125 and 126, to the east by Plot No 119 and to the west by Plot No 121. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~24 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park24 km
Bandra Kurla Complex (BKC)24 km
Chhatrapati Shivaji Int'l Airport26 km
Lower Parel / Worli business district26 km
Nariman Point / Fort27 km
Andheri MIDC / SEEPZ28 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

Sirvi Infra is the promoter on 5 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).

Other flagged projects by Sirvi Infra

Other RERA-registered projects in Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Shankar Homes
possession by Mar 2027 · Rahul Sawalaram Keni
Shankar Orchid
possession by Dec 2026 · Mundkar Realty
Shankar Parvati Residency
declared completion Mar 2022 · R. S. Construction
Shankar Parvati Residency Phase 2
declared completion Mar 2022 · R. S. Construction
Shankar Sparsh
declared completion Dec 2025 · Anand Shankar Chaugule
Shankar Thakur Complex
possession by Dec 2027 · Bharat Prabhakar Sansare

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