MahaRERA · the public record
Shankeshwar Apartment
MALAD EAST · Navkar Developers
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Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2026
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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The details behind the headline.
MahaRERA · P51800006116
Delivery and registration
When is the project declared for completion?
Shankeshwar Apartment is registered with MahaRERA as P51800006116 and the promoter has declared completion for 31 Dec 2026.
31 Dec 2026
declared completion
3months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51800006116 |
| Registered on | 14 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 3 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Shankeshwar Apartment record 36 quarterly progress reports since registration.
36quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Promoter record
What else is this promoter on record for?
Navkar Developers is the promoter of record on 91 projects registered with MahaRERA, 11 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
91projects
registered with MahaRERA
11flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In Shankeshwar Apartment, ₹14.30 Cr of a declared ₹22.49 Cr estimated project cost is reported as incurred, about 63.6%, as at the last certified filing with MahaRERA.
63.6%
₹14.30 Cr
of ₹22.49 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In Shankeshwar Apartment, 21 of 95 homes filed with MahaRERA are recorded as sold or booked, about 22%, and 74 remain available.
22%sold
21 of 95 homes
₹24.86 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹19.35 Cr (about 78%) is recorded as collected and ₹5.51 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 21 registered agreements, the effective carpet rate is ₹20,907/sqft, with eight in ten falling between ₹17,248 and ₹24,017 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 13 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 30 homes carry one, and 65 of the 95 are recorded unsold. Since we started watching this ledger, 9 homes have moved out of the unsold list, most recently on 04 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| A-1202 | 684 sqft | Rs 1.3683 cr typical, over Rs 1.1800 cr to Rs 1.4400 cr | 3 filed on this stack, floors 11–18 |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Shankeshwar Apartment, 36 of the 65 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+22 and 95 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Shankeshwar Apartment | 1 | G+22 | 95 | - |
Unit mix on the filing: 94 residential and 1 non-residential (shops/offices).
Legal and disputes
What disputes are disclosed?
1 complaint is on the MahaRERA record for Shankeshwar Apartment, with orders passed in 1 of them.
1complaint
1with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000197865 | 13/08/2021 | Radheshyam Sharma vs M/s Navkar Developer | order passed |
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 5 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 30 Sep 2021 | DELAYS IN OBTAINING THE PERMISSION DUE TO VARIOUS LITIGATION ON THE ACCESS ROAD OF THE PROPERTY. |
| 30 Sep 2021 | 31 Dec 2023 | DELAYS IN OBTAINING THE PERMISSION DUE TO VARIOUS LITIGATION ON THE ACCESS ROAD OF THE PROPERTY. |
| 31 Dec 2023 | 30 Dec 2024 | Due to access road complication to the site permissions were delayed. |
| 30 Dec 2024 | 30 Dec 2025 | Due to unavailability of permissions from MCGM further construction could not be carried out, which has resulted in delay of the project. |
| 30 Dec 2025 | 31 Dec 2026 | There were liquidity issues and delays in funding. Labour and material shortages, along with disruptions in supply chains and workforce availability, are impacting construction tim |
Location, Land & Connectivity
Located at MALAD EAST, RANI SATI ROAD, Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by Sati smruti building, to the south by 12 m DP road, to the east by Makrani Pada and to the west by Udyam Kunj Building. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~702 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 | 702 km |
| Andheri MIDC / SEEPZ | 705 km |
| Chhatrapati Shivaji Int'l Airport | 707 km |
| Bandra Kurla Complex (BKC) | 708 km |
| Lower Parel / Worli business district | 714 km |
| Nariman Point / Fort | 717 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.