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Krishvi Apartments
RG-MH-25089 · RERA P51900004145 · Last updated on MahaRERA portal: 9 May 2026
Source: official MahaRERA filing
Red flags
- Completion date moved by 80 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
2 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: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Krishvi Apartments is a Others project by M/s Shagun Construction in -, 400004, registered with MahaRERA as P51900004145 on 8 Aug 2017. The registration is recorded completed; possession was promised by 21 Aug 2025. The completion date has moved by 80 months from the original filing. 44 of the 94 units on this registration are recorded sold or booked, and 20 of 22 construction stages are filed complete.
At a glance
Project
- NameKrishvi Apartments
- TypeOthers
- Location
- plot no 829 830
- -
- 400004
- Pincode400004
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51900004145
- ReraGenie IDRG-MH-25089
Builder
- NameM/s Shagun Construction
- Entity typePartnership
- PartnersShrenik Suresh Seth, Shailesh Bhanwarlal Mutha
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on8 Aug 2017
- Promised completion21 Aug 2025
- Revised completionRevised to 21 Aug 2025 (originally 31 Dec 2018)
- Buildings2 building records
- Documents filed88 files
Current status
Figures as on 9 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Krishvi Apartments A Wing | NA | 24 | 23 | 68 | 9 | 77 |
| Krishvi Apartments B Wing | NA | 9 | 8 | 14 | 3 | 17 |
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 9 May 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.
20 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Podiums (if any), at 0%.
Krishvi Apartments A Wing91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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% |
Krishvi Apartments B Wing91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| 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% |
Progress on shared amenities15
As on 9 May 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership
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.
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 |
|---|---|---|---|
| Krishvi Apartments A Wing | NA | Rs 14.39 cr | Rs 16.22 cr |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Aakar Architects and Consultants |
| Engineer | JW Consultants LLP |
| Chartered Accountant | ANUJ MUKESHKUMAR DAFTARY |
| Partner | Role in project |
|---|---|
| M/s Shagun Construction | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe reason for delay is Property Card is not updated by the concerned authority. Due to this, MHADA is not issuing NOC to Occupation Certificate. We have received Part Occupation Certificate on 31st December, 2018 but MCGM needs NOC to Occupation Certificate from MHADA to issue Full Occupation Certificate. We had applied for updating the Property Card in our name on 4th September, 2013 which did not process ahead. Later we applied for updating the property card on 9th October, 2018 and a regular follow up is been done by our office for the same. We are expecting the Property card to be updated
Reason as filed by the promoteras per application enlcosed
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 29 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 5 Oct 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 27 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed88
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 88 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 |
|---|---|
| Occupational CertificateFile: Krishvi Apartments Full OC Letter.pdf | 9 May 2026 |
| Occupational CertificateFile: Multani Full OC Plan_01 -03.pdf | 9 May 2026 |
| Occupational CertificateFile: Multani Full OC Plan_04 -07.pdf | 9 May 2026 |
| Occupational CertificateFile: Multani Full OC Plan_08 -11.pdf | 9 May 2026 |
| Occupational CertificateFile: Multani Full OC Plan_12 -15.pdf | 9 May 2026 |
| Occupational CertificateFile: Closure - Shagun Construction (1).pdf | 9 May 2026 |
| Withdrawal Update Form 1File: Form 1 architects certificate Krishvi Apartment Mrch 2026 Signed.pdf | 7 May 2026 |
| Withdrawal Update Form 1File: Form 1 architects certificate Krishvi Apartment Mrch 2026 Signed.pdf | 7 May 2026 |
| Withdrawal Update Form 2File: FORM 2 OC DATE.pdf | 7 May 2026 |
| Withdrawal Update Form 2File: FORM 2 OC DATE.pdf | 7 May 2026 |
| Withdrawal Update Form 3File: FORM 3 DATE OF OC.pdf | 7 May 2026 |
| Withdrawal Update Form 3File: FORM 3 DATE OF OC.pdf | 7 May 2026 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate - Construction-ilovepdf-compressed.pdf | 8 Aug 2018 |
| Certificates of CA (Form 3)File: Shargun Construction-Certificate-ilovepdf-compressed.pdf | 8 Aug 2018 |
| Certificates of CA (Form 3)File: Form 3 Shagun Construction-ilovepdf-compressed (1).pdf | 22 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate- Construction.pdf | 17 Jan 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Site Supervisor Certificate Construction-compressed.pdf | 17 Jan 2018 |
| Certificates of CA (Form 5)File: Shargun Construction-CA Certificate compressed.pdf | 6 Jan 2018 |
| Building plan approvalFile: Amended Plan 1-3.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 1-3.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 4-6.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 7-9.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 10-12.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 13-15.pdf | 5 Oct 2017 |
| Building plan approvalFile: Amended Plan 16-18.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 1-3.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 1-3.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 4-6.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 7-9.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 10-12.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 13-15.pdf | 5 Oct 2017 |
| Building Plan Approval (IOD)File: Amended Plan 16-18.pdf | 5 Oct 2017 |
| Certificates of CA (Form 5)File: CA Certificate (form 3).pdf | 5 Oct 2017 |
| Building plan approvalFile: 7-Amended plan 2017.pdf | 29 Jul 2017 |
| Copy of the legal title reportFile: Title Report from Solicitor.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: 7-Amended plan 2017.pdf | 29 Jul 2017 |
| Declaration in FORM BFile: Form B Multani.pdf | 29 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Shubhashree_Architect_ Construction (1).pdf | 29 Jul 2017 |
| OtherFile: Shagun Brick-con disclaimer.pdf | 29 Jul 2017 |
| Building plan approvalFile: 3-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 4-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 5-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 8-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 9-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 6-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 10-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 11-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 12-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 2-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 1-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 16-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 17-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 18-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 13-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 14-Amended plan 2017.pdf | 28 Jul 2017 |
| Building plan approvalFile: 15-Amended plan 2017.pdf | 28 Jul 2017 |
| Layout approvalFile: NO LAY OUT MULTANI.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: NO ENCUM MULTANI.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: NO LAY OUT MULTANI.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 1-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 2-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 3-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 4-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 5-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 6-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 8-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 9-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 10-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 11-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 12-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 13-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 14-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 15-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 16-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 17-Amended plan 2017.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: 18-Amended plan 2017.pdf | 28 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: multani_engineeer_certificate.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: multani.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Allotment_letter.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Multani.pdf | 28 Jul 2017 |
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Buyer report
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- 2 conditions on this project's record read and explained, with the clear checks alongside
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- All 88 filed documents as one ZIP, foldered, with a manifest
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Builder: M/s Shagun Construction
M/s Shagun Construction has 1 registration on MahaRERA, including Krishvi Apartments. Its filings disclose no earlier MahaRERA projects. Read the full track record.
Frequently asked questions
What are my rights if Krishvi Apartments is delayed beyond 21 Aug 2025?
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 Krishvi Apartments?
The registered promoter entity is M/s Shagun Construction, 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 Krishvi Apartments?
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 Krishvi Apartments?
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 Krishvi Apartments?
The professionals named in the filing: Architect: Aakar Architects and Consultants; Engineer: JW Consultants LLP; Chartered Accountant: ANUJ MUKESHKUMAR DAFTARY. 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 Krishvi Apartments?
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.
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