Shikara Constructions Pvt. Ltd.
MahaRERA Property Intelligence · Mumbai Suburban
P51800033893 · Guru Tegh Bahadur Railway Station · promoter Shikara Constructions Pvt
| MahaRERA registration | P51800033893 |
| Registered on | 14 Mar 2022 |
| Promoter-declared completion | 31 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, Shikara Constructions Pvt is the promoter of record on 6 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.
MahaRERA's cost filing puts construction at ~98.3% of the estimated project cost incurred as of the last certificate (₹80.70 Cr spent against a ₹82.10 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 213 homes filed with MahaRERA, 199 are sold/booked (190 with registered agreements + 9 booked) and 14 remain available (~93% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹246.23 Cr in agreement value so far. Of that, ₹177.16 Cr (~72%) is already collected, ₹69.06 Cr receivable — a read on how far along these sales really are. Note: the project registers 325 homes in total, but this sold/unsold inventory filing covers only 213 of them — the other 112 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.
What buyers actually paid: across 199 registered agreements, the effective carpet rate is ₹25,778/sqft (typical range ₹19,667–₹29,006) — 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 15 | 1501 | 504 sqft (46.84 sqm) | ₹66.16 Lakh |
| Floor 16 | 1601 | 533 sqft (49.56 sqm) | ₹70.00 Lakh |
| Floor 2 | 202 | 590 sqft (54.82 sqm) | ₹77.43 Lakh |
| Floor 21 | 2101 | 533 sqft (49.56 sqm) | ₹70.00 Lakh |
| Floor 22 | 2201 | 533 sqft (49.56 sqm) | ₹70.00 Lakh |
| Floor 3 | 301 | 533 sqft (49.56 sqm) | ₹70.00 Lakh |
| Floor 3 | 302 | 590 sqft (54.82 sqm) | ₹77.43 Lakh |
| Floor 3 | 304 | 381 sqft (35.41 sqm) | ₹50.02 Lakh |
| Floor 4 | 404 | 522 sqft (48.52 sqm) | ₹68.53 Lakh |
| Ground/Floor 0 | 2 | 857 sqft (79.64 sqm) | ₹1.46 Cr |
| Ground/Floor 0 | 3 | 1,615 sqft (150.03 sqm) | ₹2.75 Cr |
| Ground/Floor 0 | 4 | 1,059 sqft (98.43 sqm) | ₹1.80 Cr |
| Ground/Floor 0 | 6 | 997 sqft (92.6 sqm) | ₹1.70 Cr |
| Ground/Floor 0 | 7 | 1,201 sqft (111.55 sqm) | ₹2.04 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+34 and 325 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing- A | 1 | G+27 | 43 | - |
| Wing-B | 1 | G+34 | 92 | - |
| Wing-C | 1 | G+34 | 78 | - |
| Rehab Wing- D | 1 | G+24 | 112 | - |
Unit mix on the filing: 318 residential and 7 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000398055 | 23/11/2023 | jyoti anil das vs Shikara Constructions Pvt Ltd | order passed |
Located at Guru Tegh Bahadur Railway Station, Dr. Madhavrao Ambedkar Marg, Kurla, Mumbai Suburban, 400022. Per the filed land record, the plot is bounded to the north by Sardar Nagar Vaibhav Co-op Housing Society, to the south by Dr Ambedkar Marg, to the east by Flank Road and to the west by Guru Tegh Bahadur Rail way Station. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 3 km |
| Lower Parel / Worli business district | 6 km |
| Chhatrapati Shivaji Int'l Airport | 6 km |
| Powai / Hiranandani business park | 10 km |
| Andheri MIDC / SEEPZ | 10 km |
| Nariman Point / Fort | 13 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 SHIKARA HEIGHTS Phase-I?
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
Everything, down to which unit · 1 working day
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Shikara Constructions Pvt. Ltd. is the promoter on 6 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).
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