Shraddha Shelters Pvt. Ltd.
MahaRERA Property Intelligence · Mumbai Suburban
P51800055163 · Bandra West · promoter Shraddha Shelters Pvt
| MahaRERA registration | P51800055163 |
| Registered on | 04 Mar 2024 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Shraddha Shelters Pvt is the promoter of record on 119 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.
MahaRERA's cost filing puts construction at ~17.5% of the estimated project cost incurred as of the last certificate (₹9.96 Cr spent against a ₹56.98 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.
Of 77 homes filed with MahaRERA, 47 are sold/booked (23 with registered agreements + 24 booked) and 30 remain available (~61% sold) — selling steadily. Buyers have committed ₹128.00 Cr in agreement value so far. Of that, ₹37.53 Cr (~29%) is already collected, ₹90.47 Cr receivable — a read on how far along these sales really are. Note: the project registers 105 homes in total, but this sold/unsold inventory filing covers only 77 of them — the other 28 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 47 registered agreements, the effective carpet rate is ₹39,034/sqft (typical range ₹28,996–₹44,678) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | Shop - 9 | 430 sqft (39.99 sqm) | ₹1.22 Cr |
| Floor 10 | 1003 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 10 | 1004 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 10 | 1006 | 794 sqft (73.76 sqm) | ₹2.26 Cr |
| Floor 11 | 1106 | 794 sqft (73.76 sqm) | ₹2.26 Cr |
| Floor 12 | 1203 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 12 | 1204 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 12 | 1205 | 597 sqft (55.47 sqm) | ₹1.70 Cr |
| Floor 12 | 1206 | 794 sqft (73.76 sqm) | ₹2.26 Cr |
| Floor 13 | 1303 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 13 | 1304 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 16 | 1601 | 811 sqft (75.33 sqm) | ₹2.31 Cr |
| Floor 16 | 1603 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 16 | 1604 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 16 | 1605 | 597 sqft (55.47 sqm) | ₹1.70 Cr |
| Floor 17 | 1701 | 811 sqft (75.33 sqm) | ₹2.31 Cr |
| Floor 17 | 1705 | 597 sqft (55.47 sqm) | ₹1.70 Cr |
| Floor 18 | 1804 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 18 | 1805 | 597 sqft (55.47 sqm) | ₹1.70 Cr |
| Floor 2 | 202 | 466 sqft (43.33 sqm) | ₹1.33 Cr |
| Floor 5 | 501 | 496 sqft (46.05 sqm) | ₹1.41 Cr |
| Floor 7 | 701 | 496 sqft (46.05 sqm) | ₹1.41 Cr |
| Floor 7 | 702 | 466 sqft (43.33 sqm) | ₹1.33 Cr |
| Floor 8 | 803 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 8 | 804 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
| Floor 8 | 805 | 597 sqft (55.47 sqm) | ₹1.70 Cr |
| Floor 8 | 806 | 794 sqft (73.76 sqm) | ₹2.26 Cr |
| Floor 9 | 902 | 784 sqft (72.87 sqm) | ₹2.23 Cr |
| Floor 9 | 903 | 795 sqft (73.83 sqm) | ₹2.26 Cr |
| Floor 9 | 904 | 778 sqft (72.24 sqm) | ₹2.21 Cr |
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.
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+19 and 105 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Silverbay - Wing C | 1 | G+19 | 105 | - |
Unit mix on the filing: 87 residential and 18 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 3 court cases on this project to MahaRERA. 3 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay High Court | 2894 | 2011 | Pending |
| Bombay High Court | L-20893 | 2023 | Pending |
| Bombay High Court | L-6875 | 2023 | Pending |
Located at Bandra West, Jari Mari Mandir Road, Andheri, Mumbai Suburban, 400050. Per the filed land record, the plot is bounded to the north by CTS No F1133A Part of village Bandra, to the south by CTS No F1133A Part of Village Bandra, to the east by CTS No F1133B of Bandra and Jari Mari Mandir Road and to the west by CTS No F1121 F1122 and F1137 of village Bandra. 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.
🔒 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.
🔒 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.
Should you buy in SILVERBAY?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Shraddha Shelters Pvt. Ltd. is the promoter on 2 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).
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