MahaRERA Property Intelligence · Raigarh

SHUBHADA COOP HOUSING SOCIETYPROPOSED

P52000046434 · CHENDHARE · promoter Kaustubh Jeevan Kulkarni

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP52000046434
Registered on28 Jul 2022
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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, Kaustubh Jeevan Kulkarni is the promoter of record on 20 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.

Sales & Inventory

Of 40 homes filed with MahaRERA, 33 are sold/booked and 7 remain available (~82% sold) — selling steadily. Buyers have committed ₹11.71 Cr in agreement value so far. Of that, ₹9.72 Cr (~83%) is already collected, ₹1.99 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 33 registered agreements, the effective carpet rate is ₹5,867/sqft (typical range ₹5,862–₹6,450) — 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 2201457 sqft (42.45 sqm)₹22.57 Lakh
Floor 2205636 sqft (59.05 sqm)₹31.39 Lakh
Floor 3305636 sqft (59.05 sqm)₹31.39 Lakh
Floor 4402636 sqft (59.05 sqm)₹31.39 Lakh
Floor 5501457 sqft (42.45 sqm)₹22.57 Lakh
Floor 5504458 sqft (42.53 sqm)₹22.61 Lakh
Floor 5505636 sqft (59.05 sqm)₹31.39 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+7 and 40 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SHUBHADA COOP HOUSING SOCIETY PROPOSED1G+74031 Dec 2025

Unit mix on the filing: 40 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 CHENDHARE, SANT SAVTA MALI MARG, Alibag, Raigarh, 402201. Per the filed land record, the plot is bounded to the north by VILLAGE ROAD AND SURVEY NUMBER 29 H NO 3, to the south by GAURINANDAN HOUSING SOCIETY CHENDHARE, to the east by LAYOUT ROAD SURVEY NUMBER 27 and to the west by SURVEY NYMBER 29 HISSA NUMBER 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~38 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort30 km
Lower Parel / Worli business district38 km
Bandra Kurla Complex (BKC)45 km
Chhatrapati Shivaji Int'l Airport48 km
Powai / Hiranandani business park51 km
Andheri MIDC / SEEPZ52 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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Builder track record

Kaustubh Jeevan Kulkarni 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 Kaustubh Jeevan Kulkarni

Kaustubh Jeevan Kulkarni
FlaggedRaigarh
Kaustubh Jeevan Kulkarni
FlaggedRaigarh

Other RERA-registered projects in Alibag

Prajyot Devasthal
possession by Sep 2026 · Gaurav Pravin Gharat
Excellensea Villas Project
possession by Dec 2026 · Unicorp Realty Private Limited
Balibaug Rekreasi
possession by Dec 2026 · Pushpam Infra LLP
Ekaante Phase 3
possession by Dec 2026 · Green Park Developers
Lakshminarayan CO-OP Housing Society LTD Proposed
possession by Dec 2026 · Elnube Realtors PVT LTD
Sukh Shanti Residential Project
possession by Dec 2026 · SRS Developers

Major developers building in Alibag

Other RERA-registered projects in Raigarh

Shubham Apartment
declared completion Dec 2019 · Ramesh Gulab Tupe
Shubham Complex 1B
declared completion Dec 2022 · Rekha Buildcon LLP
Shubham Ekadanta
possession by Dec 2026 · Darshan Pralhad Shinde
Shubham Gunina
possession by Dec 2027 · Shubham Gunina Infra
Shubham Residency
declared completion Dec 2017 · Pote Sons Builders & Developers
Shubham Residency
possession by Oct 2026 · G D Jain Infra Projects

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