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AKSHAYA AND JAYSHREE REDEVELOPMENT
RG-MH-74943 · RERA P51800049511 · Last updated on MahaRERA portal: 18 Apr 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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AKSHAYA AND JAYSHREE REDEVELOPMENT is a Others project by NHI DEVELOPERS LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800049511 on 15 Feb 2023. Possession is promised by 31 Dec 2026. 86 of the 217 units on this registration are recorded sold or booked, and 15 of 22 construction stages are filed complete.
At a glance
Project
- NameAKSHAYA AND JAYSHREE REDEVELOPMENT
- TypeOthers
- Location
- MAHISA MARDINI ROAD
- JAYRAJ NAGAR BORIVALI WEST
- Borivali
- Mumbai Suburban
- 400092
- Pincode400092
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800049511
- ReraGenie IDRG-MH-74943
Builder
- NameNHI DEVELOPERS LLP
- Entity typePartnership
- PartnersMR HEMAL CHANDRAVADAN CHOKSEY, MR NIKHIL CHANDRAPRAKASH KHANDELWAL, MR GOPALKRISHNA PANDU SHETTY
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on15 Feb 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings2 building records
- Documents filed86 files
Current status
Figures as on 18 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AKSHAYA RESIDENCY A-B | NA | 23 | 18 | 210 | 0 | 210 |
| AKSHAYA COMMERCIAL COMPLEX | NA | 6 | 4 | 0 | 7 | 7 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building2
As on 18 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
15 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 25%.
AKSHAYA RESIDENCY A-B91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 100% |
AKSHAYA COMMERCIAL COMPLEX48%
| Activity | Progress |
|---|---|
| Excavation | 25% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 100% |
Progress on shared amenities15
As on 18 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 50% |
| Landscaping & Tree Planting | Yes | 50% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 50% |
| Solid Waste Management And Disposal | Yes | 50% |
| Water conservation /Rain water harvesting | Yes | 50% |
| Energy managemcnt | Yes | 50% |
| Fire protection and fire safety requirements | Yes | 50% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed386
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
| Building | Closed/Covered | Total |
|---|---|---|
| AKSHAYA RESIDENCY A-B | 194 | 194 |
| AKSHAYA COMMERCIAL COMPLEX | 192 | 192 |
Land and ownership2
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| AKSHAY CO-OP HSG SOC LTD | Borivali | Mumbai Suburban |
| JAYSHREE CO-P HSG SOC LTD | Borivali | Mumbai Suburban |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| AKSHAYA RESIDENCY A-B | NA | Rs 70.70 cr | Rs 70.70 cr |
| AKSHAYA COMMERCIAL COMPLEX | NA | Rs 12.04 cr | Rs 12.04 cr |
| - | NA | Rs 1.00 cr | Rs 1.00 cr |
Certifying professionals and partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Mhatre Wagle Shirgaonkar |
| Architect | ANIL SHIRGAONKAR |
| Engineer | AVP STRUCTURAL CONSULTANT |
| Engineer | ABHIJIT PHATARPEKAR |
| Chartered Accountant | MR SANJAY D SHAH |
| Chartered Accountant | RK JAIN |
| Chartered Accountant | ss khandelwal |
| Partner | Role in project |
|---|---|
| NHI DEVELOPERS LLP | - |
Litigation declared2
| Case | Court | Status |
|---|---|---|
| 202675/2019 | city civil court dindoshi | notice of motion for reply rejoinder |
| 201801/2019 | city civil court dindoshi | notice of motion for rejoinder |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 30 Jan 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 27 Jan 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 2 Feb 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Oct 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2026
Documents filed86
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 86 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: ARCHITECT.pdf | 18 Apr 2026 |
| Withdrawal Update Form 2File: engineer.pdf | 18 Apr 2026 |
| Withdrawal Update Form 3File: ca_compressed.pdf | 18 Apr 2026 |
| Withdrawal Update Form 1File: form 1.pdf | 27 Jan 2026 |
| Withdrawal Update Form 2File: NHI_Engineer_Certificate_RERA_dt_14012026.pdf | 27 Jan 2026 |
| Withdrawal Update Form 3File: NHI_CA_Certificate_RERA_dt_14012026.pdf | 27 Jan 2026 |
| Withdrawal Update Form 1File: architect form 1 sep 25.pdf | 17 Oct 2025 |
| Withdrawal Update Form 2File: NHI_Engineer_Certificate_upto_Sep_25.pdf | 17 Oct 2025 |
| Withdrawal Update Form 3File: nhi form 3.pdf | 17 Oct 2025 |
| Form 2A (FY 2024-2025)File: NHI FORM2.pdf | 17 Oct 2025 |
| Form 5 (FY 2024-2025)File: NHI_-Form_5.pdf | 16 Oct 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NHI_-_Form_1_Architect_Certificate.pdf | 16 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA_CERTIFICATE_FORM NO-3.pdf | 16 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: NHI_Engineers_certificate.pdf | 16 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: NHI_Form_2A.pdf | 16 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect_Certificate_06012025.pdf | 15 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM_3_CA_Certificate_NHI_Dt_14012025.pdf | 15 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: NHI_Engineers_Certificate_dt-09-01-2025.pdf | 15 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: CA_Form_5_26-Oct-2024_.pdf | 29 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3- 1.pdf | 22 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A 23-24.pdf | 22 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 19 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 19 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect_Certificate_for_RERA_7th_Certificate__for_Akshaya___Jayshree_CHS_ltd_12072024.pd | 18 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers_Certificate_dt-13-07-24.pdf | 18 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: From_3_CA_Certificate.pdf | 18 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FROM 1 Architect_Certificate.pdf | 18 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineer Certificate.pdf | 18 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 Engineer Certificate.pdf | 18 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: SOLD INVENTORY.pdf | 18 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate RERA.pdf | 18 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect_Certificate_for_RERA_5th_Certificate__for_Akshaya___Jayshree_CHS_ltd_13-01-2024. | 15 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineer_Certificate_Form-2_RERA_DT_12012024.pdf | 15 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA_Certificate_Form_3_for_RERA.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ArchitectCertificate 11-10-2023.pdf | 13 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineering_Certificate_12-Oct-2023_signed.pdf | 13 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA_Certificate_RERA_Upto_Sept_2023_12102023_compressed_compressed_compressed.pdf | 13 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA_Certificate_RERA_Upto_Sept_2023_12102023_compressed_compressed_compressed.pdf | 13 Oct 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 8453_FURTHER_CC_23_08_2023_FULL_AND_FINAL.pdf | 3 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: CA Form 5.pdf | 26 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA_Certificate_Dt_06-07-2023_R_compressed.pdf | 15 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect_Certificate_for_RERA_3rd_Certificate__for_Akshaya___Jayshree_CHS_ltd_06-07-2023. | 14 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers_certificate_From_2__06072023 (1).pdf | 14 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engineers_certificate_From_2A_06072023 (1).pdf | 14 Jul 2023 |
| Proforma of Agreement for saleFile: Draft - AGREEMENT FOR SALE - RERA.pdf | 7 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect_Certificate_for_RERA_2nd_Certificate_Dt_13042023.pdf | 15 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: EngineerCertificate.pdf | 15 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CACertificate.pdf | 15 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format -A - Separate Bank Account.pdf | 13 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3CACertificate 070223.pdf | 8 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Table C Inventory -Unsold Commercial Unit.pdf | 8 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Table C Inventory -Unsold Flats.pdf | 8 Feb 2023 |
| Building plan approvalFile: 8453 IOD 31 01 2022 (2).pdf | 2 Feb 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 8453 IOD 31 01 2022 (2).pdf | 2 Feb 2023 |
| Proforma of Agreement for saleFile: AGREEMENT FOR SALE.pdf | 2 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Legal Encumbrances.pdf | 1 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Financial Encumbrances.pdf | 1 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Legal Encumbrances.pdf | 1 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Financial Encumbrances.pdf | 1 Feb 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: disclosure of interest.pdf | 31 Jan 2023 |
| Copy of the legal title reportFile: Draft_TC_Akshaya_Jayshree_CHS 28012023.pdf | 30 Jan 2023 |
| Declaration about Commencement CertificateFile: cc declaration.pdf | 30 Jan 2023 |
| Deviation Report with respect to Allotment letterFile: NO Deviation Report.pdf | 30 Jan 2023 |
| Deviation Report with respect to model copy of AgreementFile: deviation report agreeement_compressed.pdf | 30 Jan 2023 |
| Layout approvalFile: 8454 IOD APPROVED PLANS 31012022.pdf | 27 Jan 2023 |
| Layout approvalFile: 8453 IOD APPROVED PLANS 31012022 (2)_1-6.pdf | 27 Jan 2023 |
| Layout approvalFile: 8453 IOD APPROVED PLANS 31012022 (2)_7-11.pdf | 27 Jan 2023 |
| Layout approvalFile: 8453 IOD APPROVED PLANS 31012022 (2)_12-end.pdf | 27 Jan 2023 |
| Building plan approvalFile: 8454_IOD_APPROVAL_LETTER 31012022 (2).pdf | 27 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 8454 IOD APPROVED PLANS 31012022.pdf | 27 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 8453 IOD APPROVED PLANS 31012022 (2)_1-6.pdf | 27 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 8453 IOD APPROVED PLANS 31012022 (2)_7-11.pdf | 27 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 8453 IOD APPROVED PLANS 31012022 (2)_12-end.pdf | 27 Jan 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 8454_IOD_APPROVAL_LETTER 31012022 (2).pdf | 27 Jan 2023 |
| CERSAI detailsFile: cersai.pdf | 27 Jan 2023 |
| Proforma of Allotment letterFile: allotment letter.pdf | 27 Jan 2023 |
| Layout approvalFile: 8454IOD.pdf | 19 Jan 2023 |
| Copy of Layout Approval (in case of layout)File: 8454IOD.pdf | 19 Jan 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ArchitectCertificate.pdf | 19 Jan 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: EngineerCertificate_compressed.pdf | 19 Jan 2023 |
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Builder: NHI DEVELOPERS LLP
NHI DEVELOPERS LLP has 1 registration on MahaRERA, including AKSHAYA AND JAYSHREE REDEVELOPMENT. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if AKSHAYA AND JAYSHREE REDEVELOPMENT is delayed beyond 31 Dec 2026?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of AKSHAYA AND JAYSHREE REDEVELOPMENT?
The registered promoter entity is NHI DEVELOPERS LLP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in AKSHAYA AND JAYSHREE REDEVELOPMENT?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for AKSHAYA AND JAYSHREE REDEVELOPMENT?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at AKSHAYA AND JAYSHREE REDEVELOPMENT?
The professionals named in the filing: Architect: Mhatre Wagle Shirgaonkar; Architect: ANIL SHIRGAONKAR; Engineer: AVP STRUCTURAL CONSULTANT; Engineer: ABHIJIT PHATARPEKAR; Chartered Accountant: MR SANJAY D SHAH; Chartered Accountant: RK JAIN. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in AKSHAYA AND JAYSHREE REDEVELOPMENT?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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