MahaRERA Property Intelligence · Mumbai Suburban

SIGMA JADE

P51800054626 · JOGESHWARI (WEST) · promoter Niketan Ventures Private

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51800054626
Registered on02 Feb 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Niketan Ventures Private is the promoter of record on 12 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.

Construction Progress

MahaRERA's cost filing puts construction at ~30.5% of the estimated project cost incurred as of the last certificate (₹10.67 Cr spent against a ₹35.00 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 62 homes filed with MahaRERA, 54 are sold/booked (53 with registered agreements + 1 booked) and 8 remain available (~87% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹29.42 Cr in agreement value so far. Of that, ₹17.66 Cr (~60%) is already collected, ₹11.57 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 54 registered agreements, the effective carpet rate is ₹12,368/sqft (typical range ₹11,820–₹13,022) — 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 8801710 sqft (65.95 sqm)₹92.09 Lakh
Ground/Floor 01234 sqft (21.74 sqm)₹41.59 Lakh
Ground/Floor 02167 sqft (15.53 sqm)₹29.71 Lakh
Ground/Floor 03426 sqft (39.56 sqm)₹75.67 Lakh
Ground/Floor 04382 sqft (35.45 sqm)₹67.81 Lakh
Ground/Floor 05383 sqft (35.54 sqm)₹67.98 Lakh
Ground/Floor 06427 sqft (39.68 sqm)₹75.90 Lakh
Ground/Floor 07379 sqft (35.19 sqm)₹67.31 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+10 and 62 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SIGMA JADE - A WING1G+1032-
SIGMA JADE - B WING1G+1030-

Unit mix on the filing: 55 residential and 7 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.

Deadline Extensions

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
31 Dec 202631 Dec 2028As per the structural engineer's report for the above referred proposal and as per the soil investigation report, the site was known to be a quarry area in the past and it is recla

Location, Land & Connectivity

Located at JOGESHWARI (WEST), JOGESHWARI (WEST), Borivali, Mumbai Suburban, 400102. Per the filed land record, the plot is bounded to the north by CTS Nos 282 B and 471 B of village Bandivali, to the south by CTS Nos 476 Pt 481Pt 485A Pt 485B and 485D pt, to the east by Nalla AND village Goregaon boundary and to the west by CTS Nos 472 Pt 473 Pt AND 474 3B Pt of oshiwara. 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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Other RERA-registered projects in Jogeshwari West

Aksa Tower
possession by Sep 2026 · HFI Industries
GSA Grandeur
Past its declared completion date · possession by Oct 2026 · G S A Constructions
Lashkaria Pearl
possession by Nov 2026 · Lashkaria Housing & Infrastructure P
A H Avenue
possession by Dec 2026 · A.h. Constructions
KEY Tech Park
possession by Dec 2026 · M/s Keytech
Universal Garden- B Wing
possession by Dec 2026 · Pagarani Universal Infrastructure Pvt Lt

Major developers building in Jogeshwari West

Other RERA-registered projects in Mumbai Suburban

Sigma Onyx
declared completion Sep 2023 · Sunshine Realspaces LLP
Sigma Pearl
declared completion May 2026 · Ashapura Shelters Private Limited
Sigma Sapphire
declared completion Dec 2024 · Shantilal Meghji Shethia
Sigma Solitaire
possession by Dec 2027 · Sigma Happy Homes LLP
Signature
declared completion Jul 2018 · Lakhani Builders PVT LTD
Signature
declared completion Jun 2025 · Veer Savarkar Projects Private Limited

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