Orbit Ventures Developers
MahaRERA Property Intelligence · Mumbai Suburban
P51800008213 · promoter Orbit Ventures Developers
| MahaRERA registration | P51800008213 |
| Registered on | 18 Aug 2017 |
| Promoter-declared completion | 30 Jun 2027 |
| Current status | Certificate Signed |
| Against today | 11 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, Orbit Ventures Developers is the promoter of record on 15 projects, of which 1 carries 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 ~2.2% of the estimated project cost incurred as of the last certificate (₹9.91 Cr spent against a ₹450.41 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. With only ~11 months to the declared date and ~2.2% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
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+43.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| SHIKHAR B | 1 | G+43 | 31 Dec 2023 |
11 complaints are on the MahaRERA record for this project, with orders passed in 9. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000100319 | 29/07/2019 | Suraj Kishore Khubchandani vs orbit ventures developers | order passed |
| CC006000000194669 | 28/10/2020 | Naveenkumar Suryabhan Singh vs Orbit Ventures Developers | order passed |
| CC006000000194709 | 28/10/2020 | Sanjaykumar Madhusudan yadav vs Orbit Ventures Developers | order passed |
| CC006000000194710 | 28/10/2020 | Mr. Raju Sant Bahadur Chhetri vs Orbit Ventures Developers | order passed |
| CC006000000209995 | 11/02/2022 | Sandeep Jadhwani and Araina Jadhwani vs Orbit Venture Developers | order passed |
| CC12503022 | 27/08/2025 | Raju Sant bahadhur Chhetri vs Orbit Ventures Developers | order passed |
| CC12503094 | 03/09/2025 | Sandeep Jadhwani vs Orbit Ventures Developers | pending / no order on file |
| CC12503143 | 06/09/2025 | Sanjaykumar Madhusudan Yadav vs Orbit Ventures Developers | order passed |
| CC12503676 | 15/10/2025 | NAVEENKUMAR SURYABHAN SINGH vs Orbit Ventures Developers | order passed |
| CC12601785 | 27/03/2026 | Anand Gupta vs Orbit Ventures Developers | order passed |
| CC12604342 | 11/07/2026 | Anand B Gupta vs Orbit Ventures Developers | pending / no order on file |
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 |
|---|---|---|
| 30 Dec 2024 | 30 Jun 2027 | The Promoter respectfully submits that the delay in completion of the project was neither deliberate nor due to any negligence, but solely attributable to circumstances and events |
Located at Andheri Link Road, Andheri, Mumbai Suburban, 400102. Per the filed land record, the plot is bounded to the north by D P ROAD, to the south by PLOT NO R-5, to the east by SHIV SHIVAM BUILDINGS and to the west by PLOT NO R-7. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 4 km |
| Chhatrapati Shivaji Int'l Airport | 7 km |
| Powai / Hiranandani business park | 8 km |
| Bandra Kurla Complex (BKC) | 9 km |
| Lower Parel / Worli business district | 16 km |
| Nariman Point / Fort | 24 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 SHIKHAR B?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Orbit Ventures Developers is the promoter on 2 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