Sheth Developers Private Limited
MahaRERA Property Intelligence · Mumbai Suburban
P51800001407 · DINDOSHI MALAD · promoter Sheth Developers Private
| MahaRERA registration | P51800001407 |
| Registered on | 28 Jul 2017 |
| Promoter-declared completion | 28 Nov 2027 |
| Current status | Certificate Signed |
| Against today | 16 months to the declared date |
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.
Across MahaRERA, Sheth Developers Private is the promoter of record on 65 projects, of which 3 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.
MahaRERA's cost filing puts construction at ~19.0% of the estimated project cost incurred as of the last certificate (₹9.26 Cr spent against a ₹48.82 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.
Of 66 homes filed with MahaRERA, 37 are sold/booked (3 with registered agreements + 34 booked) and 29 remain available (~56% sold) — selling steadily. Buyers have committed ₹63.72 Cr in agreement value so far. Of that, ₹19.20 Cr (~30%) is already collected, ₹44.52 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 37 registered agreements, the effective carpet rate is ₹8,764/sqft (typical range ₹7,303–₹13,876) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 12 | 1202 | 1,763 sqft (163.78 sqm) | ₹2.93 Cr |
| Floor 13 | 1302 | 1,763 sqft (163.78 sqm) | ₹2.93 Cr |
| Floor 17 | 1701 | 1,734 sqft (161.13 sqm) | ₹2.89 Cr |
| Floor 19 | 1901 | 1,734 sqft (161.13 sqm) | ₹2.89 Cr |
| Floor 20 | 2001 | 1,734 sqft (161.13 sqm) | ₹2.89 Cr |
| Floor 21 | 2101 | 1,734 sqft (161.13 sqm) | ₹3.02 Cr |
| Floor 24 | 2401 | 1,734 sqft (161.13 sqm) | ₹3.02 Cr |
| Floor 24 | 2402 | 1,058 sqft (98.29 sqm) | ₹1.84 Cr |
| Floor 25 | 2501 | 1,734 sqft (161.13 sqm) | ₹3.02 Cr |
| Floor 25 | 2502 | 1,763 sqft (163.78 sqm) | ₹3.07 Cr |
| Floor 27 | 2701 | 1,735 sqft (161.2 sqm) | ₹3.02 Cr |
| Floor 28 | 2801 | 1,735 sqft (161.2 sqm) | ₹3.02 Cr |
| Floor 29 | 2901 | 1,735 sqft (161.2 sqm) | ₹3.02 Cr |
| Floor 29 | 2902 | 1,778 sqft (165.19 sqm) | ₹3.09 Cr |
| Floor 3 | 0301 | 1,734 sqft (161.13 sqm) | ₹2.62 Cr |
| Floor 3 | 0302 | 1,058 sqft (98.29 sqm) | ₹1.60 Cr |
| Floor 30 | 3001 | 1,735 sqft (161.2 sqm) | ₹3.02 Cr |
| Floor 30 | 3002 | 1,778 sqft (165.19 sqm) | ₹3.09 Cr |
| Floor 31 | 3101 | 1,735 sqft (161.2 sqm) | ₹3.15 Cr |
| Floor 31 | 3102 | 1,374 sqft (127.68 sqm) | ₹2.49 Cr |
| Floor 32 | 3201 | 1,735 sqft (161.2 sqm) | ₹3.15 Cr |
| Floor 32 | 3202 | 1,778 sqft (165.19 sqm) | ₹3.23 Cr |
| Floor 33 | 3301 | 1,735 sqft (161.2 sqm) | ₹3.15 Cr |
| Floor 33 | 3302 | 1,778 sqft (165.19 sqm) | ₹3.23 Cr |
| Floor 4 | 0401 | 1,734 sqft (161.13 sqm) | ₹2.62 Cr |
| Floor 4 | 0402 | 1,763 sqft (163.78 sqm) | ₹2.67 Cr |
| Floor 5 | 0501 | 1,734 sqft (161.13 sqm) | ₹2.76 Cr |
| Floor 6 | 0601 | 1,734 sqft (161.13 sqm) | ₹2.76 Cr |
| Floor 6 | 0602 | 1,763 sqft (163.78 sqm) | ₹2.80 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.
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+36 and 66 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BLUE IVY | 1 | G+36 | 66 | - |
Unit mix on the filing: 66 residential.
19 complaints are on the MahaRERA record for this project, with orders passed in 19. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000198851 | 28/10/2021 | Nikant Steel vs Sheth Developers Pvt. Ltd. | order passed |
| CC006000000334040 | 24/01/2023 | Mahesh Purushottam Saraf vs M/s. Sheth Developers Pvt Ltd And Ors | order passed |
| CC006000000334039 | 24/01/2023 | Sarita Mahesh Saraf vs M/s Sheth Developers Pvt Ltd And Ors | order passed |
| CC006000000334038 | 24/01/2023 | Krishnam Mahesh Saraf vs M/s. Sheth Developers Pvt Ltd And Ors | order passed |
| CC006000000334044 | 22/01/2023 | Nishit Sharvan Gupta vs M/s. Sheth Developers Pvt Ltd | order passed |
| CC006000000334046 | 22/01/2023 | Saurabh Sharvan Gupta vs M/s. Sheth Developers Pvt Ltd | order passed |
| CC006000000334047 | 22/01/2023 | Shishir Sharvan Gupta vs M/s. Sheth Developers Pvt Ltd | order passed |
| CC006000000334033 | 22/01/2023 | Priti Sunil Dokania vs M/s Sheth Developers Pvt Ltd | order passed |
| CC006000000334036 | 24/01/2023 | Puja Fab And Investment Pvt Ltd Through Director Sanjay Dokania vs M/s Sheth Developers Pvt Ltd | order passed |
| CC006000000334037 | 24/01/2023 | Divyam Mahesh saraf vs M/s Sheth Developers Pvt Ltd and Ors | order passed |
| CC006000000344158 | 30/01/2023 | Harsh Kumar Kedia vs M/s. Sheth Developers P Ltd & Ors | order passed |
| CC006000000344159 | 30/01/2023 | Sushil Ramswaroop Gadia vs M/s. Sheth Developers P Ltd & Ors | order passed |
| CC006000000344160 | 31/01/2023 | Ashish Mittal vs M/s. Sheth Developers P Ltd & Ors | order passed |
| CC006000000396411 | 26/06/2023 | Kamalkishor Agrawal vs Sheth Developers P Ltd | order passed |
| CC006000000396410 | 26/06/2023 | Ramta Agrawal vs Sheth Developers Pvt Ltd and Ors | order passed |
| CC006000000396426 | 29/06/2023 | Madhu Ramesh Gupta vs M/s. Sheth Developers Pvt Ltd | order passed |
| CC006000000429535 | 09/03/2024 | Himanshu Agashiwala vs SHETH DEVELOPERS PVT LTD | order passed |
| CC006000000591056 | 07/07/2024 | M/s Astalaxmi Fabrics Pvt Ltd Through Vijaykumar K Bajoria vs M/s Sheth Developers Pvt Ltd. through Ashwin N Sheth | order passed |
| CC12500887 | 13/03/2025 | KAILASH PRASAD SANGHAI vs Sheth Developers Private Limited | order passed |
The promoter has declared 3 court cases on this project to MahaRERA. 2 are still pending. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay Highcourt | 422 OF 2012 | 2012 | Pending For Hearing |
| High Court | 771 OF 2018 | 2018 | Pending For Final Hearing Of Notice Of Motion |
| Bombay High Court | 14584 | 2024 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 |
|---|---|---|
| 29 Jun 2024 | 29 Jun 2024 | 1) The said Project is part of the Layout Project being constructed in Larger Property. On the said Larger Layout, the Promoter has already constructed and developed Building No.1 |
| 30 Jun 2023 | 28 Nov 2027 | The said Project is part of the Layout Project being constructed in Larger Property. On the said Larger Layout, the Promoter has already constructed and developed Building No.1 (co |
Located at DINDOSHI MALAD, GEN A K VAIDYA MARG, Andheri, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by PLOT NO 104-E, to the south by DP ROAD, to the east by PLOT NO 104-J and to the west by MHADA PROPERTY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 5 km |
| Powai / Hiranandani business park | 8 km |
| Chhatrapati Shivaji Int'l Airport | 10 km |
| Bandra Kurla Complex (BKC) | 12 km |
| Lower Parel / Worli business district | 20 km |
| Nariman Point / Fort | 28 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.
🔒 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.
🔒 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.
Should you buy in SHETH BLUE IVY?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
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Sheth Developers Private Limited is the promoter on 9 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).
See every Sheth Developers Private Limited project & its RERA track record →
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