Sheth Developers Private Limited
MahaRERA Property Intelligence · Thane
P51700023047 · PANCH PAKHADI · promoter Sheth Developers Private
| MahaRERA registration | P51700023047 |
| Registered on | 18 Nov 2019 |
| Promoter-declared completion | 28 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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 ~67.4% of the estimated project cost incurred as of the last certificate (₹40.76 Cr spent against a ₹60.45 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 173 homes filed with MahaRERA, 149 are sold/booked (117 with registered agreements + 32 booked) and 24 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹209.59 Cr in agreement value so far. Of that, ₹89.18 Cr (~43%) is already collected, ₹120.41 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 149 registered agreements, the effective carpet rate is ₹20,655/sqft (typical range ₹15,258–₹22,281) — 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 1 | 0101 | 656 sqft (60.98 sqm) | ₹97.91 Lakh |
| Floor 1 | 0102 | 609 sqft (56.57 sqm) | ₹90.83 Lakh |
| Floor 1 | 0107 | 638 sqft (59.31 sqm) | ₹95.23 Lakh |
| Floor 1 | 0108 | 638 sqft (59.31 sqm) | ₹95.23 Lakh |
| Floor 1 | 0109 | 892 sqft (82.83 sqm) | ₹1.33 Cr |
| Floor 1 | 0113 | 577 sqft (53.57 sqm) | ₹86.01 Lakh |
| Floor 1 | 0115 | 571 sqft (53.06 sqm) | ₹85.19 Lakh |
| Floor 11 | 1101 | 656 sqft (60.98 sqm) | ₹1.08 Cr |
| Floor 11 | 1102 | 609 sqft (56.57 sqm) | ₹99.91 Lakh |
| Floor 11 | 1112 | 725 sqft (67.38 sqm) | ₹1.19 Cr |
| Floor 2 | 0201 | 656 sqft (60.98 sqm) | ₹97.91 Lakh |
| Floor 2 | 0202 | 609 sqft (56.57 sqm) | ₹90.83 Lakh |
| Floor 2 | 0203 | 603 sqft (56.06 sqm) | ₹90.01 Lakh |
| Floor 2 | 0205 | 638 sqft (59.31 sqm) | ₹95.23 Lakh |
| Floor 2 | 0209 | 892 sqft (82.83 sqm) | ₹1.33 Cr |
| Floor 2 | 0213 | 577 sqft (53.57 sqm) | ₹86.01 Lakh |
| Floor 2 | 0214 | 577 sqft (53.57 sqm) | ₹94.61 Lakh |
| Floor 3 | 0301 | 656 sqft (60.98 sqm) | ₹97.91 Lakh |
| Floor 3 | 0303 | 603 sqft (56.06 sqm) | ₹90.01 Lakh |
| Floor 4 | 0403 | 603 sqft (56.06 sqm) | ₹90.01 Lakh |
| Floor 4 | 0413 | 577 sqft (53.57 sqm) | ₹86.01 Lakh |
| Floor 6 | 0602 | 609 sqft (56.57 sqm) | ₹95.37 Lakh |
| Floor 6 | 0603 | 603 sqft (56.06 sqm) | ₹94.51 Lakh |
| Floor 8 | 0802 | 609 sqft (56.57 sqm) | ₹95.37 Lakh |
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+6 and 173 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SHETH CNERGY | 1 | G+6 | 173 | - |
Unit mix on the filing: 173 non-residential (shops/offices).
4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12500459 | 11/02/2025 | SUNIL BABAN SHINDE vs Sheth Developers Private Limited | order passed |
| CC12500650 | 24/02/2025 | Sanjay Thakur vs Sheth Developers Private Limited | order passed |
| CC12500652 | 24/02/2025 | Sanjay Thakur vs Sheth Developers Private Limited | order passed |
| CC12503592 | 08/10/2025 | sunil patil vs Sheth Developers Private Limited | order passed |
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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay High Court | CP/320/2024 | 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 |
|---|---|---|
| 30 Dec 2023 | 29 Dec 2024 | The applicant vide Development Agreement dated 01.10.2003 executed between Voltas Limited and the applicant, acquired rights to develop a land admeasuring aggregating to 1,15,018 s |
| 30 Dec 2023 | 28 Dec 2027 | The applicant vide Development Agreement dated 01.10.2003 executed between Voltas Limited and the applicant, registered at the office of sub-registrar Thane at Serial No. TNN1/0658 |
Located at PANCH PAKHADI, EASTERN EXPRESS HIGHWAY, Andheri, Mumbai Suburban, 400601. Per the filed land record, the plot is bounded to the north by ADJACENT PLOT S NO 35 PT 3, to the south by 20 M WIDE ROAD, to the east by 15 M WIDE SERVICE ROAD and to the west by ADJACENT PLOT S NO 35 PT 8. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~13 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 13 km |
| Andheri MIDC / SEEPZ | 14 km |
| Chhatrapati Shivaji Int'l Airport | 18 km |
| Bandra Kurla Complex (BKC) | 20 km |
| Lower Parel / Worli business district | 28 km |
| Nariman Point / Fort | 36 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 CNERGY PH 1 - UPTO 11TH FLOOR?
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
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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