Mumbai/Project record

MahaRERA · the public record

Shikhhar

Borivali West · MAHAVIR LAND DEVELOPER

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4units filed as unsoldInventory · 19 September 2026
30 Sep 2026declared completionMahaRERA registration · read 12 Jul 2026
62registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Sep 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51800051096

Delivery and registration

When is the project declared for completion?

Shikhhar is registered with MahaRERA as P51800051096 and the promoter has declared completion for 30 Sep 2026.

30 Sep 2026

declared completion

0months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51800051096
Registered on29 May 2023
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today0 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Shikhhar record 8 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 8 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Mahavir Land Developer is the promoter of record on 134 projects registered with MahaRERA, 10 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

134projects

registered with MahaRERA

10flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Shikhhar, ₹67.03 Cr of a declared ₹88.00 Cr estimated project cost is reported as incurred, about 76.2%, as at the last certified filing with MahaRERA.

76.2%

₹67.03 Cr

of ₹88.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Shikhhar, 22 of 26 homes filed with MahaRERA are recorded as sold or booked, about 85%, and 4 remain available.

85%sold

22 of 26 homes

₹49.59 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹46.85 Cr (about 94%) is recorded as collected and ₹2.73 Cr as receivable. The project registers 62 homes in total, while this sold/unsold inventory filing covers 26 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 22 registered agreements, the effective carpet rate is ₹23,964/sqft, with eight in ten falling between ₹22,520 and ₹24,991 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 202001947 sqft (87.95 sqm)₹2.74 Cr
Floor 6602639 sqft (59.38 sqm)₹88.25 Lakh
Floor 77011,046 sqft (97.16 sqm)₹1.44 Cr
Ground/Floor 0Shop No.11,598 sqft (148.45 sqm)₹5.52 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 22 homes carry one, and 4 of the 26 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
7011,046 sqftRs 2.3900 cr typical, over Rs 2.3000 cr to Rs 2.6300 cr9 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Shikhhar, 3 of the 4 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 3 homes — ₹2,999 →

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+21 and 62 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+2132-
B WING1G+2130-

Unit mix on the filing: 60 residential and 2 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Borivali West, Chandavarkar Road, Borivali, Mumbai Suburban, 400092. Per the filed land record, the plot is bounded to the north by By Chandavarkar Road, to the south by By remaining portion of Plot No 1, to the east by By neighboring Society and to the west by By passage. These are the boundaries as recorded in the filed land record.

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Builder track record

Mahavir Land Developer is the promoter on 5 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).

Other RERA-registered projects in Borivali West

Gopal Terrace Co-Operative Housing Society LTD
possession by Sep 2026 · Polo Infra Developers Private Limited
House Of Shreeji Sharan
possession by Sep 2026 · Miles Infra LLP
Sai Signature Spaces
possession by Sep 2026 · Ramachandran Munisawmy Narayan
Swastik
possession by Sep 2026 · Reliance Corporation
Signet
possession by Oct 2026 · DG Builders
Navkar Palazzo
Not filing quarterly progress reports · possession by Dec 2026 · Navkar Infra Projects

Major developers building in Borivali West

Other RERA-registered projects in Mumbai Suburban

Shilp Sangeet CO-OP Housing Society LTD
possession by Mar 2028 · S S Enterprises
Shilpa Grandeur
possession by Jun 2028 · SJK Buildcon LLP
Shilptaru Residency
declared completion Jun 2025 · Konark Shakti Group Of Company
Shiv Aaradhana
possession by Dec 2026 · Brightmen Buildspaces LLP
Shiv Aashray
possession by Jan 2028 · Shiva Rameehans Constructions LLP
Shiv Guru Tower
possession by Dec 2027 · Rajlaxmi Developers

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: 20 Sep 2026