MahaRERA Property Intelligence · Mumbai Suburban

Sigma Pearl

P51800050197 · Mumbai · promoter Ashapura Shelters Private

Certificate SignedDue 30 May 2026

Delivery & Registration

MahaRERA registrationP51800050197
Registered on21 Mar 2023
Promoter-declared completion30 May 2026
Current statusCertificate Signed
Against todayabout 2 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, Ashapura Shelters Private is the promoter of record on 58 projects, of which 5 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹36.87 Cr spent against a ₹36.87 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 72 homes filed with MahaRERA, 56 are sold/booked (45 with registered agreements + 11 booked) and 16 remain available (~78% sold) — selling steadily. Buyers have committed ₹72.45 Cr in agreement value so far. Of that, ₹69.14 Cr (~95%) is already collected, ₹3.31 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 56 registered agreements, the effective carpet rate is ₹28,411/sqft (typical range ₹25,535–₹32,946) — 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 101002361 sqft (33.5 sqm)₹91.83 Lakh
Floor 111102361 sqft (33.5 sqm)₹96.20 Lakh
Floor 121202361 sqft (33.5 sqm)₹96.20 Lakh
Floor 131301481 sqft (44.7 sqm)₹1.28 Cr
Floor 151501357 sqft (33.2 sqm)₹96.20 Lakh
Floor 151503379 sqft (35.2 sqm)₹1.01 Cr
Floor 181802361 sqft (33.5 sqm)₹1.01 Cr
Floor 181803379 sqft (35.2 sqm)₹1.01 Cr
Floor 212104803 sqft (74.6 sqm)₹2.24 Cr
Floor 212105803 sqft (74.6 sqm)₹2.24 Cr
Floor 3301574 sqft (53.3 sqm)₹1.66 Cr
Floor 3302563 sqft (52.3 sqm)₹1.62 Cr
Floor 3303412 sqft (38.3 sqm)₹1.19 Cr
Floor 3304413 sqft (38.4 sqm)₹1.19 Cr
Floor 4401481 sqft (44.7 sqm)₹1.39 Cr
Floor 7702361 sqft (33.5 sqm)₹91.83 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+23 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sigma Pearl1G+2372-

Unit mix on the filing: 58 residential and 14 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 May 202530 May 2026Reason for Delay in Sigma Pearl Project The construction delays are due to: Material & Labor Shortages: Delays in sewerage line (extended to 30th June 2025) and water supply

Location, Land & Connectivity

Located at Mumbai, TPS III of Village Bandra, Godiwala Compound, 5th Road, Old Khar (West), Mumbai City, Mumbai City, 400052. Per the filed land record, the plot is bounded to the north by Existing Building, to the south by Masjid, to the east by 5th Road and to the west by Other Slum Area. 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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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