MahaRERA Property Intelligence · Thane

SHIVESH EMERALD

P51700052476 · AIROLI NAVI MUMBAI · promoter Shivesh Realty Private

Certificate SignedDue 31 Jul 2026

Delivery & Registration

MahaRERA registrationP51700052476
Registered on08 Sep 2023
Promoter-declared completion31 Jul 2026
Current statusCertificate Signed
Against today0 months to 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, Shivesh Realty Private is the promoter of record on 7 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.

Construction Progress

MahaRERA's cost filing puts construction at ~94.0% of the estimated project cost incurred as of the last certificate (₹2.54 Cr spent against a ₹2.70 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.

Sales & Inventory

Of 22 homes filed with MahaRERA, 16 are sold/booked (12 with registered agreements + 4 booked) and 6 remain available (~73% sold) — selling steadily. Buyers have committed ₹10.64 Cr in agreement value so far. Of that, ₹7.15 Cr (~67%) is already collected, ₹3.49 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 16 registered agreements, the effective carpet rate is ₹15,724/sqft (typical range ₹10,461–₹26,488) — 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:

FloorUnitCarpetReckoner value
Floor 1103423 sqft (39.29 sqm)₹44.24 Lakh
Floor 3303297 sqft (27.62 sqm)₹31.10 Lakh
Floor 4402303 sqft (28.18 sqm)₹31.73 Lakh
Floor 5502303 sqft (28.18 sqm)₹31.73 Lakh
Floor 6601303 sqft (28.18 sqm)₹31.73 Lakh
Floor 6602303 sqft (28.18 sqm)₹31.73 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.

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+5 and 22 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHIVESH EMERALD1G+522-

Unit mix on the filing: 22 residential.

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 AIROLI NAVI MUMBAI, SECTOR 7 AIROLI, Thane, Thane, 400708. Per the filed land record, the plot is bounded to the north by PLOT NO 10, to the south by PLOT NO 11C, to the east by PLOT NO 11A and to the west by PLOT NO 12B. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Builder track record

Shivesh Realty Private Limited is the promoter on 3 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 flagged projects by Shivesh Realty Private Limited

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FlaggedRaigarh

Other RERA-registered projects in Airoli

Alliaance Galaxy
possession by Oct 2026 · Aashutosh Enterprise
Bramharaj Orchid
possession by Dec 2026 · Bramharaj Developers
ONE Pyramid
possession by Dec 2026 · Pacific Properties
Surbhi Sangeeta Co-Op. Housing Society Ltd
possession by Dec 2026 · Kumar & Kumar Builders LLP
Delta Luxuria
possession by Apr 2027 · Shreenathji Organisers PVT LTD
Delta Icon
possession by Jul 2027 · Shreenathji Organisers PVT LTD

Major developers building in Airoli

Other RERA-registered projects in Thane

Shivhari CHS
possession by Dec 2029 · Impero Buildcon
Shivkalp
possession by Jun 2027 · Shiv Enterprises
Shivkripa Residency
declared completion May 2018 · Rohit Developers
Shivkrupa
declared completion Mar 2018 · Anant Arjun Madhavi
Shivkrupa
declared completion Dec 2023 · Shivkrupa Developers
Shivkrupa Apartment Wing B And Wing C
possession by Dec 2028 · Shivkrupa 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: 27 Jul 2026