Mumbai/Project record

MahaRERA · the public record

SHASHWAT RESIDENCY

NEAR BORIVALI (EAST) STATION · RUSHI REALTY INDIA PVT LTD

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

124units filed as unsoldInventory · 20 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
200registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & 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 2027

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 source record

The details behind the headline.

MahaRERA · P51800002265

Delivery and registration

When is the project declared for completion?

SHASHWAT RESIDENCY is registered with MahaRERA as P51800002265 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

15months 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 registrationP51800002265
Registered on31 Jul 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today15 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 SHASHWAT RESIDENCY record 38 quarterly progress reports since registration.

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?

Rushi Realty India is the promoter of record on 32 projects registered with MahaRERA, 4 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

32projects

registered with MahaRERA

4flagged

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

Sales

How much has actually been sold?

In SHASHWAT RESIDENCY, 69 of 193 homes filed with MahaRERA are recorded as sold or booked (29 with registered agreements and 40 booked), about 36%, and 124 remain available.

36%sold

69 of 193 homes

₹79.39 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, ₹25.47 Cr (about 32%) is recorded as collected and ₹53.92 Cr as receivable. The project registers 200 homes in total, while this sold/unsold inventory filing covers 193 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 69 registered agreements, the effective carpet rate is ₹14,344/sqft, with eight in ten falling between ₹11,977 and ₹18,993 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The inventory filing also declares: 7 not for sale.

What the filings record, home by home

Read from MahaRERA on 20 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 69 homes carry one, and 124 of the 200 are recorded unsold. Since we started watching this ledger, 1 home has 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:

HomeCarpetFiled for the same home on other floorsBased on
B-1303967 sqftRs 1.1586 cr typical, over Rs 1.1586 cr to Rs 1.8373 cr10 filed on this stack, floors 6–22

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 SHASHWAT RESIDENCY, 117 of the 124 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.

See the other 123 homes — ₹2,999 →

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+23 and 200 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHASHWAT RESIDENCY1G+2320031 Dec 2021

Unit mix on the filing: 191 residential and 9 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. 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 home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court Bombay7362013Notice Of Motion Is Dismissed By Order Dated Second August Two Thousand Nineteen
High Court Bombay13112015Application Of Anand Dhodi Is Rejected By Order Dated Fourth October Two Thousand Eighteen
Supreme Court Of India379192022Ongoing
Supreme Court Of India198542024Ongoing
Supreme Court Of India628012025Ongoing

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered31 Dec 2025The said Shashwat Residency Project is delayed due to litigation with Tenants & Occupants, delay in getting permissions from various authorities and COVID-19 pandemic situation.
31 Dec 202531 Dec 2027PROJECT HAS MIGRATED TO DCPR 2034 AFTER APPROVAL FROM BMC AND REQUIRES ENV. CLEARNACE ON ACCOUNT OF CONSTRUCTION AREA MORE THAN 20000 SQ.MTRS. WE HAVE APPLIED ENV. CLEARNCE FROM 20

Location, Land & Connectivity

Located at NEAR BORIVALI (EAST) STATION, M. G. ROAD , Andheri, Mumbai Suburban, 400066. Per the filed land record, the plot is bounded to the north by M G ROAD, to the south by UMA HOTEL, to the east by G H HIGH SCHOOL and to the west by S V ROAD . These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ11 km
Powai / Hiranandani business park13 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)18 km
Lower Parel / Worli business district26 km
Nariman Point / Fort34 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.

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Other RERA-registered projects in Borivali East

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Chandratej CHS LTD
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Eknath Gruh
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NEW Avanti Chsl
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Empire Vrindavan
possession by Nov 2026 · Empire Realty
66 Avenue
possession by Dec 2026 · Parsh Realtors

Major developers building in Borivali East

Other RERA-registered projects in Mumbai Suburban

Shastri Nagar
declared completion Dec 2022 · Newtech Land Developers PVT LTD
Shastri Nagar Prabhat Chsl Phase II A AND B Wing
declared completion Dec 2025 · Reliable Constructions
Shastri Nagar Prerna C.h.s.ltd
possession by Jun 2027 · Confiable Constructions
Shastri Nagar West View CHS Ltd
declared completion Jun 2026 · Umang Construction Co
Shatrunjay Plaza
declared completion Dec 2024 · Acme Metal Industries Pvt Ltd
Sheetal
possession by Mar 2029 · C H Patil AND Sons Sheetal Project

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: 20 Sep 2026