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KRISHVI RESIDENCY
RG-MH-25107 · RERA P51800003291 · Last updated on MahaRERA portal: 13 May 2025
Source: official MahaRERA filing
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Red flags
- 2 complaints at MahaRERA
- Completion date moved by 96 months
- 3 extensions taken
Clear
- No litigation declared
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
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.
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KRISHVI RESIDENCY is a Residential / Group Housing project by SHAGUN CHEMBUR (AOP) in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800003291 on 5 Aug 2017. Possession is promised by 31 Dec 2027. The completion date has moved by 96 months from the original filing. 24 of the 31 units on this registration are recorded sold or booked, and 7 of 11 construction stages are filed complete. 2 complaints are on record with the regulator.
At a glance
Project
- NameKRISHVI RESIDENCY
- TypeResidential / Group Housing
- Location
- V N Purav Marg
- Chembur
- Kurla
- Mumbai Suburban
- 400071
- Pincode400071
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800003291
- ReraGenie IDRG-MH-25107
Builder
- NameSHAGUN CHEMBUR (AOP)
- Entity typeOthers
- Named personsShrenik Seth, Shiva Suresh Seth, Lalit Shah, Gambhirmal R Shah
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on5 Aug 2017
- Promised completion31 Dec 2027
- Revised completionRevised to 31 Dec 2027 (originally 31 Dec 2019)
- Buildings1 building record
- Documents filed74 files
Current status
Figures as on 13 May 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| KRISHVI RESIDENCY | NA | 18 | 10 | 31 | 0 | 31 |
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 building1
As on 13 May 2025, 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.
7 of 11 construction stages are filed complete. The stage furthest along is External plumbing and external plaster, at 92%.
KRISHVI RESIDENCY: 94% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| 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 | 83% |
| Sanitary Fittings within the flats / premises | 80% |
| 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. | 92% |
| 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. | 75% |
Progress on shared amenities15
As on 13 May 2025, 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 | No | Not applicable |
| Water Supply | Yes | 90% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| 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 | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed119
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.
Land and ownership1
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 |
|---|---|---|
| Triton Multimedia Pvt Ltd | ABCD-400001 | Mumbai City |
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.
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 | Vaastuviit Architects & Consultant |
| Engineer | DEOLE BROS |
| Chartered Accountant | NIKHITA M SHAH & CO |
| Partner | Role in project |
|---|---|
| SHAGUN CHEMBUR (AOP) | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe Project has been delayed due to a financial crunch and lack of demand as a result of which funding has been little delayed. However, the Project is near completion despite this with working near the end.
Reason as filed by the promoterDue to various reasons beyond the control of Promoter and on account of pandemic of Covid-19, the project is delayed. Kindly grant extension till 31/12/2022. Required consents of Allottees are annexed.
Reason as filed by the promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19. We have consent of % allottees for purpose of extension of RERA registration period of the said project.
Complaints filed with MahaRERA2
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000209495 | dr lata Cheluveri & dr Rajendra Cheluveri | Shagun Chembur | 21/12/2021 |
| CC006000000303401 | Naresh Ghansham Jumani | Shagun Chembur (AOP) | 29/11/2022 |
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 28 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 Dec 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn 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.
uploaded 2 Dec 2024
Documents filed74
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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 |
|---|---|
| Disclosure of sold/ booked inventoryFile: sold inventory 31-03-25.pdf | 13 May 2025 |
| Declaration in FORM BFile: form b stamp paper - converted.pdf | 21 Mar 2025 |
| Certificates of CA (Form 3)File: form 3 - converted.pdf | 21 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: inventary 31-3-23.pdf | 21 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: inventary 31-3-23.pdf | 21 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: sold inventary 31-3-24.pdf | 21 Mar 2025 |
| Declaration in FORM BFile: form b stamp paper 500.pdf | 10 Mar 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect's Certificate R2 (1).pdf | 10 Mar 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Krishiv Residency Dec Form 2 (2)_1 (3 files merged).pdf | 10 Mar 2025 |
| Certificates of CA (Form 3)File: form 3 31-12-24 final - converted.pdf | 3 Mar 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 30-09-24 (2).pdf | 17 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: sold booked inventory.pdf | 23 Jan 2025 |
| Declaration in FORM BFile: Form B.pdf | 2 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 (Architect Certificate).pdf | 2 Dec 2024 |
| Certificates of CA (Form 3)File: FORM 3 FINAL.pdf | 2 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Chembur OC Certificate (1).pdf | 2 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Flat List.pdf | 2 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: from 5 21-22.pdf | 2 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: form 5 22-23.pdf | 2 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: from 5 23-24.pdf | 2 Dec 2024 |
| Declaration in FORM BFile: Affidavit cum Declaration.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A - 2019-20.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A - 2020-21.pdf | 16 Oct 2024 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A - 2021-22.pdf | 16 Oct 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A - 2022-23.pdf | 16 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - 2023-24.pdf | 16 Oct 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Krishvi Residency as on 31-03-2024.pdf | 2 Jul 2024 |
| Certificates of CA (Form 3)File: Form 3 - Krishvi Residency as on 31-03-2024.pdf | 2 Jul 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Krishvi Residency as on Sep 2023.pdf | 8 Dec 2023 |
| Certificates of CA (Form 3)File: Form 3 - Krishvi Residency as on 30th September 2023.pdf | 8 Dec 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Chembur OC Certificate.pdf | 7 Jul 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Revalidated Cc - Krishvi.pdf | 30 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC revaildation.pdf | 29 Dec 2021 |
| Declaration about Commencement CertificateFile: Scan29122021161543.pdf | 29 Dec 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2020 (1)_rotated.pdf | 24 Dec 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2019 (1)_rotated.pdf | 24 Dec 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 2021 (1)_rotated.pdf | 24 Dec 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Sept 2021 (1)_rotated.pdf | 24 Dec 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf | 23 Dec 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf | 23 Dec 2021 |
| Declaration about Commencement CertificateFile: Circular 32_rotated.pdf | 22 Dec 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A_rotated.pdf | 22 Dec 2021 |
| Disclosure of sold/ booked inventoryFile: Circular 29_rotated.pdf | 22 Dec 2021 |
| CERSAI detailsFile: Krishvi Residency.pdf | 22 Dec 2021 |
| Certificates of CA (Form 5)File: Form 5 FY 17-18.pdf | 22 Dec 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 FY 18-19.pdf | 22 Dec 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 FY 19-20.pdf | 22 Dec 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 FY 20-21.pdf | 22 Dec 2021 |
| Certificates of CA (Form 3)File: Form_3 - Chembur 2020_compressed.pdf | 26 Sep 2020 |
| Certificates of CA (Form 3)File: Form_3 - Chembur 2020_compressed.pdf | 26 Sep 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate - Chembur-ilovepdf-compressed.pdf | 8 Aug 2018 |
| Certificates of CA (Form 3)File: Form 3- Shagun Chembur-ilovepdf-compressed (1).pdf | 22 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Site Supervisor Certificate Chembur-compressed.pdf | 17 Jan 2018 |
| Certificates of CA (Form 5)File: Shagun Chembur - CA Certificate-compressed.pdf | 6 Jan 2018 |
| Copy of the legal title reportFile: Title Certificate.pdf | 29 Jul 2017 |
| Declaration in FORM BFile: Form B Chembur.pdf | 29 Jul 2017 |
| Layout approvalFile: NO LAY OUT CHEMBUR.pdf | 28 Jul 2017 |
| Building plan approvalFile: Amended Plan.pdf | 28 Jul 2017 |
| Building plan approvalFile: IOD.pdf | 28 Jul 2017 |
| Building plan approvalFile: Amended Letter.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: NO ENCUMBRANCES CHEMBUR.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: NO LAY OUT CHEMBUR.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: IOD.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Amended Letter.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Amended Plan.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: CC till 11th floor.pdf | 28 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect certificate.pdf | 28 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: chembur engineer certificate.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: chembur.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Chembur.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Allotment letter.pdf | 28 Jul 2017 |
| PAN CardFile: SHAGUN CHEMBUR PAN CARD.pdf | 27 Jul 2017 |
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Builder: SHAGUN CHEMBUR (AOP)
SHAGUN CHEMBUR (AOP) has 1 registration on MahaRERA, including KRISHVI RESIDENCY. 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 KRISHVI RESIDENCY is delayed beyond 31 Dec 2027?
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 RESIDENCY?
The registered promoter entity is SHAGUN CHEMBUR (AOP), an others 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 RESIDENCY?
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 do I read the complaint cases filed against KRISHVI RESIDENCY?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for KRISHVI RESIDENCY?
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 RESIDENCY?
The professionals named in the filing: Architect: Vaastuviit Architects & Consultant; Engineer: DEOLE BROS; Chartered Accountant: NIKHITA M SHAH & CO. 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 RESIDENCY?
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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