MahaRERA Property Intelligence · Mumbai Suburban

SHEPHERD HORIZON

P51800046622 · VARSOVA · promoter Goodbuild India Private

Certificate SignedDue 30 Jul 2026

Delivery & Registration

MahaRERA registrationP51800046622
Registered on25 Aug 2022
Promoter-declared completion30 Jul 2026
Current statusCertificate Signed
Against today0 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, Goodbuild India Private is the promoter of record on 2 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 ~95.0% of the estimated project cost incurred as of the last certificate (₹31.44 Cr spent against a ₹33.09 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 78 homes filed with MahaRERA, 29 are sold/booked (23 with registered agreements + 6 booked) and 49 remain available (~37% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹44.11 Cr in agreement value so far. Of that, ₹28.81 Cr (~65%) is already collected, ₹15.30 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 29 registered agreements, the effective carpet rate is ₹25,895/sqft (typical range ₹23,001–₹31,497) — 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+24 and 78 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
VARSOVA ANDHERI VASUNDHARA CHSL1G+2478-

Unit mix on the filing: 78 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 1 court case 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court BombayWrit Petition L No 13515 of 20222022Interim Relief Of Stay To The Recovery Of Development Charges

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 Jul 202530 Jul 2026Delay in Obtaining Permissions from MHADA

Location, Land & Connectivity

Located at VARSOVA, SVP NAGAR, Mumbai City, Mumbai City, 400058. Per the filed land record, the plot is bounded to the north by Adjoining Cluster Plot no 94, to the south by Municipal Garden and Composite School Play Ground, to the east by Adjoining Cluster Plot No 88 and to the west by 9 00 M wide Road RSC 29 and RSC 4. 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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Other RERA-registered projects in Mumbai Suburban

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Sheth Blue IVY
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Sheth Cnergy Malad
possession by Nov 2027 · Sheth Developers Private Limited
Sheth Enclave - 6th TO 10th Floor
declared completion Jun 2019 · Sheth Enterprises
Sheth Exotica
declared completion Oct 2020 · M/S Sheth Properties PVT LTD
Sheth Midori
declared completion Nov 2021 · Sheth Infraworld Private Limited

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