SHREEJI SKY RISE TOWER

Delivery & Registration

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.

• Filing progress reports — 17 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Shreeji Construction is the promoter of record on 141 projects, of which 11 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 ~89.2% of the estimated project cost incurred as of the last certificate (₹174.00 Cr spent against a ₹195.06 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 193 homes filed with MahaRERA, 160 are sold/booked (156 with registered agreements + 4 booked) and 33 remain available (~83% sold) — selling steadily. Buyers have committed ₹342.48 Cr in agreement value so far. Of that, ₹259.92 Cr (~76%) is already collected, ₹82.56 Cr receivable — a read on how far along these sales really are. Note: the project registers 237 homes in total, but this sold/unsold inventory filing covers only 193 of them — the other 44 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 160 registered agreements, the effective carpet rate is ₹23,493/sqft (typical range ₹20,360–₹27,014) — 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:

⚠ The inventory filing also declares: 44 mortgaged to a lender (A-601, A-602, A-603, A-604, A-605, A-701, A-702, A-703, A-704, A-705, A-801, A-802). Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+49 and 237 homes are registered across the project.

Unit mix on the filing: 182 residential and 55 non-residential (shops/offices).

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 Kandivali West, S V Road, Borivali, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by Proposed 13 4 meter DP Road, to the south by Sarla Avenue, to the east by S V Road and to the west by Rehab Bldg of Shree Vignaharta Ambawadi SRA. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~9 km away — a manageable everyday commute to a major job hub.

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.

Builder track record

Shreeji Construction is the promoter on 5 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

• Shreeji Square — Deregistered by MahaRERA

See every Shreeji Construction project & its RERA track record →

Other flagged projects by Shreeji Construction

Other RERA-registered projects in Kandivali West

Major developers building in Kandivali West

Other RERA-registered projects in Mumbai Suburban

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.