MahaRERA Property Intelligence · Mumbai Suburban

Shikhar

P51800020732 · Santacruz West · promoter Ptr Universal

Certificate SignedDue 01 Apr 2024

Delivery & Registration

MahaRERA registrationP51800020732
Registered on07 May 2019
Promoter-declared completion01 Apr 2024
Current statusCertificate Signed
Against todayabout 27 months past 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, Ptr Universal is the promoter of record on 81 projects, of which 9 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.

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+16.

BuildingWingsFloorsDeclared completion
Shikhar1G+1601 Apr 2023

Complaints

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

Location, Land & Connectivity

Located at Santacruz West , Junction of St Andrews Road ( Jain Derasar Marg) and Gujjar Lane , Andheri, Mumbai Suburban, 400054. Per the filed land record, the plot is bounded to the north by Gujjar Lane, to the south by F P No 34 - Vasant Kunj CHS, to the east by FP No 30 - Sunita Building and to the west by St Andrews Road- Jain Derasar Marg. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Chhatrapati Shivaji Int'l Airport3 km
Bandra Kurla Complex (BKC)4 km
Andheri MIDC / SEEPZ7 km
Powai / Hiranandani business park8 km
Lower Parel / Worli business district9 km
Nariman Point / Fort17 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.

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 Santacruz West

Woodstock Gardens
possession by Oct 2026 · Woodstock Realties Private Limited
Artteza
possession by Nov 2026 · Sunvision Estates
M.K Heritage
Not filing quarterly progress reports · possession by Dec 2026 · Shaista Majid Khan
Cyrilyn
possession by Dec 2026 · Not Available
JAY Krupa Sadan BY Shree Hari Realty
possession by Dec 2026 · Shree Hari Realty
Orchid Vasundhara
possession by Dec 2026 · Orchid Builtcon Pvt. Ltd.

Major developers building in Santacruz West

Other RERA-registered projects in Mumbai Suburban

Shikhar A
declared completion Dec 2021 · Orbit Ventures Developers
Shikhar B
possession by Jun 2027 · Orbit Ventures Developers
Shikhhar
possession by Sep 2026 · Mahavir Land Developer
Shila Bina CHS LTD
declared completion Dec 2025 · MS Infrastructure
Shilp Sangeet CO-OP Housing Society LTD
possession by Mar 2028 · S S Enterprises
Shilpa Chsl
declared completion Dec 2022 · Orchid Builtcon Pvt. Ltd.

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