MahaRERA Property Intelligence · Mumbai City

Sheetal Sapphire

P51900024408 · Matunga CR · promoter Sheetal Developers

Certificate SignedDue 31 Dec 2030

Delivery & Registration

MahaRERA registrationP51900024408
Registered on11 Feb 2020
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today53 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, Sheetal Developers is the promoter of record on 17 projects, of which 2 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 ~43.1% of the estimated project cost incurred as of the last certificate (₹6.46 Cr spent against a ₹15.00 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 10 homes filed with MahaRERA, 0 are sold/booked and 10 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 10 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.

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 1212011,923 sqft (178.62 sqm)₹4.79 Cr
Floor 141402947 sqft (88.01 sqm)₹2.36 Cr
Floor 151501938 sqft (87.11 sqm)₹2.34 Cr
Floor 151502947 sqft (88.01 sqm)₹2.36 Cr
Floor 161601900 sqft (83.59 sqm)₹2.24 Cr
Floor 161602617 sqft (57.29 sqm)₹1.54 Cr
Floor 171701938 sqft (87.11 sqm)₹2.34 Cr
Floor 171702947 sqft (88.01 sqm)₹2.36 Cr
Floor 181801938 sqft (87.11 sqm)₹2.34 Cr
Floor 181802947 sqft (88.01 sqm)₹2.36 Cr

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+22 and 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sheetal Varsha1G+222431 Dec 2025

Unit mix on the filing: 23 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 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
30 Dec 202631 Dec 2030Delayed due to pending approvals from Estate department & BMC for further CC

Location, Land & Connectivity

Located at Matunga CR, Shankarmatham Road Telang Cross Road, Andheri, Mumbai Suburban, 400019. Per the filed land record, the plot is bounded to the north by Road, to the south by Road, to the east by Road and to the west by Plot no 382 and 383. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Sheetal Developers is the promoter on 2 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 Sheetal Developers

Sheetal Developers
FlaggedMumbai Suburban

Other RERA-registered projects in Matunga

Balkrishna Hills
possession by Sep 2026 · Oriental Contractors Private Limited
Gulraj Paradise
possession by Sep 2026 · M/S Reliable Construction
Signare
Past its declared completion date · possession by Sep 2026 · Tejukaya Buildcon
Chhaya
possession by Dec 2026 · Fortune Realty
Jade Acharya
possession by Dec 2026 · Raghavendra Acharya & Others
Shayona
possession by Dec 2026 · Devesh Narendra Jani

Major developers building in Matunga

Other RERA-registered projects in Mumbai City

Shelaji Avenues
possession by Dec 2026 · Ashirwad Shelaji Developers LLP
Shilp Serenity
possession by Dec 2027 · Sheela Shilpakar LLP
Shiv Krupa
declared completion Jul 2018 · R K Engineers
Shivam - Embrace Azure Living
possession by Dec 2027 · Shivruddhi Dreams LLP
Shivji Krupa
declared completion Sep 2025 · Bharatchandra Jeram Thakker
Shivoham
declared completion Dec 2023 · H G Properties And Investments Private L

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