Home / Browse projects / Mumbai Suburban, Maharashtra / BUILDING NO 2 AJMERA SHIKHAR
BUILDING NO 2 AJMERA SHIKHAR
RG-MH-06052 · RERA P51800052488 · Last updated on MahaRERA portal: 1 Aug 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- Completion date moved by 41 months
- 1 extension taken
- Rs 175.00 crore secured on the land, in favour of IndusInd Bank Ltd
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
3 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
BUILDING NO 2 AJMERA SHIKHAR is a Residential / Group Housing project by VISHAL CONSTRUCTION in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800052488 on 8 Sep 2023. Possession is promised by 31 Dec 2030. The completion date has moved by 41 months from the original filing. 8 of the 254 units on this registration are recorded sold or booked, and 0 of 22 construction stages are filed complete.
At a glance
Project
- NameBUILDING NO 2 AJMERA SHIKHAR
- TypeResidential / Group Housing
- Location
- DS NAGAR NARSING LANE OFF S V ROAD MALAD W MUMBAI
- MALAD NORTH
- Malad
- Borivali
- Mumbai Suburban
- 400064
- Pincode400064
- RERA no.P51800052488
- ReraGenie IDRG-MH-06052
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on8 Sep 2023
- Promised completion31 Dec 2030
- Revised completionRevised to 31 Dec 2030 (originally 1 Jul 2027)
- Buildings2 building records
- Documents filed84 files
Current status
Figures as on 1 Aug 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| WING A | NA | 23 | 22 | 127 | 0 | 127 |
| WING B | NA | 23 | 22 | 127 | 0 | 127 |
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 1 Aug 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.
0 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.
WING A0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| 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 | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
WING B0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| 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 | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 1 Aug 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed54
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 | Open Space | Total |
|---|---|---|
| WING A | 36 | 36 |
| WING B | 18 | 18 |
Land and ownership2
MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| SHREE SAURASHTRA DASHASHRIMALI JAIN BHOJNALAYA | Malad | Mumbai Suburban |
| VISHAL CONSTRUCTIONS | Andheri | 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 |
|---|---|---|---|
| WING B | NA | Rs 24.69 cr | Rs 17.21 cr |
| WING A | NA | Rs 24.69 cr | Rs 17.24 cr |
| - | NA | Rs 8.71 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 | MR VISHWASH SATODIA |
| Architect | Sandeep Shah |
| Engineer | Bhagwat Patil |
| Engineer | Rupesh Satardekar |
| Engineer | Amol Chaitram Garud |
| Chartered Accountant | BSMS Company |
| Chartered Accountant | V PAREKH & ASSOCIATES |
| Partner | Role in project |
|---|---|
| VISHAL CONSTRUCTION | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter2. That, despite the Promoter's best efforts and due diligence, the Project could not be completed within the originally approved registration period owing to various unforeseen and unavoidable circumstances, including, but not limited to, a significant increase in input costs, adverse market conditions, force majeure events, shortage of labour, financial constraints, and other factors beyond the reasonable control of the Promoter. 3. That the construction and development work of the project is ongoing and substantial progress has been achieved. 4. That the Promoter remains fully committed to
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 28 Jul 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 12 May 2026 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 3 Jun 2026 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Jun 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 2030
Documents filed84
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 84 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: final form 1.pdf | 1 Aug 2026 |
| Withdrawal Update Form 2File: final form 2.pdf | 1 Aug 2026 |
| Withdrawal Update Form 3File: Form 3 - Shikhar _Q1_V2 Signed.pdf | 1 Aug 2026 |
| Form 2A (FY 2025-2026)File: Ajmera Shikhar.pdf | 1 Jul 2026 |
| Building plan approvalFile: parking of shikhar.pdf | 3 Jun 2026 |
| Layout approvalFile: page 1.pdf | 12 May 2026 |
| Building plan approvalFile: page 2.pdf | 12 May 2026 |
| Building plan approvalFile: page 3 r.pdf | 12 May 2026 |
| Building plan approvalFile: page 4r.pdf | 12 May 2026 |
| Building plan approvalFile: page 5r.pdf | 12 May 2026 |
| Building plan approvalFile: page 6.pdf | 12 May 2026 |
| Withdrawal Update Form 1File: final form 1.pdf | 28 Apr 2026 |
| Withdrawal Update Form 1File: final form 1.pdf | 28 Apr 2026 |
| Withdrawal Update Form 2File: form 2 final.pdf | 28 Apr 2026 |
| Withdrawal Update Form 2File: final form 2.pdf | 28 Apr 2026 |
| Withdrawal Update Form 3File: form 3.pdf | 28 Apr 2026 |
| Withdrawal Update Form 3File: form 3.pdf | 28 Apr 2026 |
| Withdrawal Update Form 1File: Final form 1.pdf | 27 Jan 2026 |
| Withdrawal Update Form 2File: form 2 final.pdf | 27 Jan 2026 |
| Withdrawal Update Form 3File: Shikhar Form 3 Current Signed.pdf | 27 Jan 2026 |
| Withdrawal Update Form 1File: form 1 final.pdf | 10 Nov 2025 |
| Withdrawal Update Form 2File: SHIKHAR ENGINEER CERTIFICATE.pdf | 10 Nov 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 10 Nov 2025 |
| Form 5 (FY 2024-2025)File: Form-5_Mar-25.pdf | 12 Sep 2025 |
| Form 1File: Form 1.pdf | 6 Aug 2025 |
| Form 2File: Form 2 Shikhar Engineers certificate Apr to June 25.pdf | 6 Aug 2025 |
| Form 3File: FORM 3 Shikhar Q1 FY 2025-2026 Signed.pdf | 6 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: sold unsold.pdf | 6 Aug 2025 |
| Form 1File: Form 1.pdf | 24 Jun 2025 |
| Form 2File: form 2 Shikhar Engineer Certificate.pdf | 24 Jun 2025 |
| Form 3File: Form 3 Shikhar Q4 FY 2024-2025 Signed.pdf | 24 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Inventory.pdf | 24 Jun 2025 |
| Form 2A (FY 2024-2025)File: Shikhar.pdf | 24 Jun 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 19 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Shikhar Engineer Certificate.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory.pdf | 2 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHIKHAR FORM 3 Q3 FY 2024-2025 Signed.pdf | 7 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate Shikhar - Oct24 to Dec24.pdf | 20 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: sold unsold inventory.pdf | 6 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Shikhar FORM 3 Q2 FY 2024-2025_Signed.pdf | 15 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 24 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Shikhar Engineers Certificate July to Sept 24.pdf | 19 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: 61_6361_AJMERA SHIKHAR (Form 5) 2023-24.pdf | 7 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 12 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 25 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINERING CERTIFICATE.pdf | 17 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold -Booked Inventory Ajmera Shikhar (1).pdf | 2 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold-Booked Inventory Ajmera Shikhar.pdf | 26 Jun 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 17 Jun 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf | 13 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 27 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Q4 FY 2023-2024 Shikhar Signed.pdf | 24 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 27 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: enginner certificate form 2.pdf | 3 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 Q3 RERA Shikhar Signed.pdf | 2 Feb 2024 |
| Other - LegalFile: 1.pdf | 24 Aug 2023 |
| Other - FinanceFile: Cersai.pdf | 24 Aug 2023 |
| Proforma of Agreement for saleFile: Shikhar AFS Upload 17 Aug - Clean.pdf | 8 Aug 2023 |
| Deviation Report with respect to model copy of AgreementFile: AFS DEVIATION REPORT - 25 Aug.pdf | 8 Aug 2023 |
| CERSAI detailsFile: CERSAI Shikhar Declaration New1.pdf | 4 Aug 2023 |
| Details of encumbrances concerned to FinanceFile: 4 Legal Encumbrance NEW1.pdf | 2 Aug 2023 |
| Details of encumbrances concerned to LegalFile: 4 Legal Encumbrance NEW1.pdf | 2 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 FINAL 31 AUG.pdf | 2 Aug 2023 |
| Copy of the legal title reportFile: TC Shikhar_Part1.pdf | 28 Jul 2023 |
| Copy of the legal title reportFile: TC Shikhar_Part2.pdf | 28 Jul 2023 |
| Details of encumbrances concerned to FinanceFile: 3 Financial Encumbrance New1.pdf | 11 Jul 2023 |
| Details of encumbrances concerned to LegalFile: 3 Financial Encumbrance New1.pdf | 11 Jul 2023 |
| Declaration about Commencement CertificateFile: 9 CC Declaration.pdf | 11 Jul 2023 |
| Declaration in FORM BFile: 9 Form B Declaration DRA.pdf | 11 Jul 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: 19 Disclosure of Other Real.pdf | 11 Jul 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Declaration New.pdf | 11 Jul 2023 |
| Deviation Report with respect to Allotment letterFile: ALLOTMENT NO DEVIATION REPORT NEW.pdf | 11 Jul 2023 |
| CERSAI detailsFile: CERSAI Shikhar.pdf | 5 Jul 2023 |
| Proforma of Allotment letterFile: RERA Allotment Letter - Shikhar.pdf | 26 Jun 2023 |
| Layout approvalFile: 1.pdf | 21 Jun 2023 |
| Building plan approvalFile: 2 Copy of Layout Approval (in case of layout) (1).pdf | 21 Jun 2023 |
| Layout approvalFile: Layout.pdf | 21 Jun 2023 |
| Building plan approvalFile: IOD.pdf | 21 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: 1.pdf | 21 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 21 Jun 2023 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| AJMERA ARHAM | 512B AND 514 D S NAGAR NARSING MARG MALAD MUMBAI 400064 | 222 | Ongoing | Jul 2026 | Jul 2026 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Mumbai Suburban
Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.
Free monthly report: Mumbai on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 84 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
Keep BUILDING NO 2 AJMERA SHIKHAR on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near MALAD NORTH6,700+ in Mumbai Suburban
Ruparel Stardom
AMI MODISPACES LLP
Chandak Treesourus
CHANDAK REALTORS PRIVATE LIMITED
ANCHORPOINT AVIARA
YUKTI INFRAPROJECTS LLP
AURIS ILARIA TOWER A
TRANSCON-SHETH CREATORS PRIVATE LIMITED
ADHRIT
MUNDARA DEVELOPERS
IRENE WING B PHASE 1
Sheth Creators and Sunvision Private Limit
See every Mumbai Suburban project, with the district possession charts
Builder: VISHAL CONSTRUCTION
VISHAL CONSTRUCTION has 2 registrations on MahaRERA, including AJMERA ARHAM and BUILDING NO 2 AJMERA SHIKHAR. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if BUILDING NO 2 AJMERA SHIKHAR is delayed beyond 31 Dec 2030?
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 BUILDING NO 2 AJMERA SHIKHAR?
The registered promoter entity is VISHAL CONSTRUCTION, a partnership as per the filing. Its GSTIN 27AAEFV3541R1ZK can be cross-checked on the MCA and GST portals. 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 BUILDING NO 2 AJMERA SHIKHAR?
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 BUILDING NO 2 AJMERA SHIKHAR?
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 BUILDING NO 2 AJMERA SHIKHAR?
The professionals named in the filing: Architect: MR VISHWASH SATODIA; Architect: Sandeep Shah; Engineer: Bhagwat Patil; Engineer: Rupesh Satardekar; Engineer: Amol Chaitram Garud; Chartered Accountant: BSMS Company. 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 BUILDING NO 2 AJMERA SHIKHAR?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback