Home / Browse projects / Mumbai Suburban, Maharashtra / Mahavir Krupa CHSL Ltd
Mahavir Krupa CHSL Ltd
By M/s Shri Neelkanth Developers & Builders
RG-MH-05909 · RERA P51800052181 · Last updated on MahaRERA portal: 24 Jul 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 12 months
- 1 extension 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
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: 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.
Mahavir Krupa CHSL Ltd is a Residential / Group Housing project by M/s Shri Neelkanth Developers & Builders in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800052181 on 27 Jul 2023. Possession is promised by 31 Mar 2027. The completion date has moved by 12 months from the original filing. 16 of the 21 units on this registration are recorded sold or booked, and 8 of 11 construction stages are filed complete.
At a glance
Project
- NameMahavir Krupa CHSL Ltd
- TypeResidential / Group Housing
- Location
- Borivali
- Mumbai Suburban
- 400092
- Pincode400092
- RERA no.P51800052181
- ReraGenie IDRG-MH-05909
Builder
- NameM/s Shri Neelkanth Developers & Builders
- Entity typePartnership
- PartnersNishank Kishor Chhabhaiya, Kishorbhai Harjibhai Patel, Bhavik Kishor Chhabhaiya
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on27 Jul 2023
- Promised completion31 Mar 2027
- Revised completionRevised to 31 Mar 2027 (originally 31 Mar 2026)
- Buildings1 building record
- Documents filed72 files
Current status
Figures as on 24 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Mahavir Krupa | NA | 5 | 3 | 12 | 9 | 21 |
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 24 Jul 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.
8 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.
Mahavir Krupa: 85% average across the applicable activities
| 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 | 90% |
| Sanitary Fittings within the flats / premises | 50% |
| 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 24 Jul 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 | No | Not applicable |
| Water Supply | Yes | 95% |
| 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 | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 95% |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 95% |
| Electrical meter room, sub-station, receiving station | Yes | 95% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
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.
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 |
|---|---|---|
| Kasturpark Mahavir Co-Op. Hsg. Soc. Ltd. | Borivali | Mumbai Suburban |
| Shimpoli Gurukrupa 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 |
|---|---|---|---|
| Mahavir Krupa | NA | Rs 15.00 cr | Rs 5.64 cr |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pratik Bhave Group |
| Engineer | Chirag H Makani |
| Chartered Accountant | Megha Shah Chartered Accountant |
| Chartered Accountant | ATUL SALGIA |
| Partner | Role in project |
|---|---|
| M/s Shri Neelkanth Developers & Builders | - |
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 promoterName change in Property card will take approx six months till the conveyance and occupancy Certificate will be delayed for approx six months, and other finishing work is also pending, hence extensions are required.
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 18 Jul 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Jul 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 21 Jul 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 Jul 2026Confirm 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 Mar 2027
Documents filed72
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 |
|---|---|
| Layout approvalFile: 16th Floor Plan.pdf | 24 Jul 2026 |
| Commencement certificateFile: CC Upto 16th Floors.pdf | 24 Jul 2026 |
| Withdrawal Update Form 1File: FORM 1 Q1 26-27 Mahavir Krupa.pdf | 24 Jul 2026 |
| Withdrawal Update Form 2File: FORM 2 Q4 25-26 Mahavir Krupa.pdf | 24 Jul 2026 |
| Withdrawal Update Form 3File: FORM 3 Q4 25-26 Mahavir Krupa.pdf | 24 Jul 2026 |
| Form 2A (FY 2025-2026)File: Form 2A of FY 25-26pdf (1).pdf | 24 Jul 2026 |
| Withdrawal Update Form 1File: FORM 1 Q4 25-26 Mahavir Krupa.pdf | 25 Jun 2026 |
| Withdrawal Update Form 2File: FORM 2 Q4 25-26 Mahavir Krupa.pdf | 25 Jun 2026 |
| Withdrawal Update Form 3File: FORM 3 Q4 25-26 Mahavir Krupa.pdf | 25 Jun 2026 |
| Withdrawal Update Form 1File: Form 1 Q3 25-26.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: Form 2 Q3 25-26.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: MK Form 3 Q3 25-26.pdf | 20 Jan 2026 |
| Withdrawal Update Form 1File: Form 1 Q2 25-26.pdf | 18 Dec 2025 |
| Withdrawal Update Form 2File: Form 2 Q2 25-26.pdf | 18 Dec 2025 |
| Withdrawal Update Form 3File: Form 3 Q2 25-26_new.pdf | 18 Dec 2025 |
| Form 5 (FY 2024-2025)File: Form 5 - MAHAVIR KRUPA_2024-2025_Rera Certificate_Signed.pdf | 6 Nov 2025 |
| Withdrawal Update Form 1File: Form 1 Q1 25-26.pdf | 3 Nov 2025 |
| Withdrawal Update Form 2File: Form 2 Q1 25-26.pdf | 3 Nov 2025 |
| Withdrawal Update Form 3File: Form 3 Q1 25-26.pdf | 3 Nov 2025 |
| Form 2A (FY 2024-2025)File: Form 2A 24-25 New Generate MK.pdf | 6 Oct 2025 |
| Building plan approvalFile: MK full approval plan April25pdf-16 Floors (2).pdf | 21 Jul 2025 |
| Form 1File: Form 1 Q4 24-25.pdf | 30 Jun 2025 |
| Form 2File: Form 2 Q4 24-25.pdf | 30 Jun 2025 |
| Form 3File: Form 3 Q4 24-25.pdf | 30 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Inventory Q4 24-25.pdf | 30 Jun 2025 |
| Form 2A (FY 2023-2024)File: Form 2 A 23-24.pdf | 30 Jun 2025 |
| Form 5 (FY 2023-2024)File: Form 5 23-24.pdf | 30 Jun 2025 |
| CERSAI detailsFile: Cersei MK Q1 2024-25.pdf | 6 Mar 2025 |
| CERSAI detailsFile: CERSEI Undertaking Q 3 2023-24.pdf | 6 Mar 2025 |
| CERSAI detailsFile: Cersei MK Q2 2024-25.pdf | 6 Mar 2025 |
| CERSAI detailsFile: CERSEI Undertaking Q 3 2024-25.pdf | 6 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate Dec 2024.pdf | 6 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Q3 2425.pdf | 6 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q2 2425.pdf | 6 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Q3 2425.pdf | 6 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: 2425Q1 MK.pdf | 5 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: MK inventory Q22425.pdf | 5 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1Q22425.pdf | 28 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3Q22425_compressed (4).pdf | 28 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form52324.pdf | 12 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A 2324.pdf | 7 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1Q12425.pdf | 8 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3Q12425_compressed.pdf | 8 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2Q12425.pdf | 8 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1Q42324.pdf | 8 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2Q12425.pdf | 8 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: C A CERTIFICATE 31 03 2024.pdf | 6 May 2024 |
| Building plan approvalFile: Sanction Plan.pdf | 24 Jul 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan.pdf | 24 Jul 2023 |
| Declaration about Commencement CertificateFile: CC Declaration.pdf | 24 Jul 2023 |
| Copy of the legal title reportFile: MAHAVIR KRUPA LEGAL TITLE REPORT.pdf | 18 Jul 2023 |
| Layout approvalFile: Layout Plan-FINAL All Floor.pdf | 12 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: Layout Plan-FINAL All Floor.pdf | 12 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE MK FINAL_compressed.pdf | 12 Jun 2023 |
| Proforma of Agreement for saleFile: Corrected Agreement for Sale-RERA Formate-Mahavir Krupa-Shri Neelkanth Developers-Shimpoli | 12 Jun 2023 |
| Proforma of Allotment letterFile: Corrected Allotment Letter-RERA Formate-Mahavir Krupa-Shri Neelkanth Developers-Shimpoli P | 12 Jun 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Report-Allotment Letter-Corrected Mahavir Krupa-Shri Neelkanth Developers-Shimpo | 12 Jun 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report-Agreement for Sale-Mahavir Krupa-Shri Neelkanth Developers-Shimpoli Proje | 12 Jun 2023 |
| Layout approvalFile: Layout Plan-FINAL.pdf | 2 Jun 2023 |
| Copy of Layout Approval (in case of layout)File: Layout Plan-FINAL.pdf | 2 Jun 2023 |
| Building plan approvalFile: IOD MK.pdf | 25 May 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration for encumbrance finance -MahavirKrupa.pdf | 25 May 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration for Encumbrance concerned- legal.pdf | 25 May 2023 |
| Details of encumbrances concerned to LegalFile: Declaration for encumbrance finance -MahavirKrupa.pdf | 25 May 2023 |
| Details of encumbrances concerned to LegalFile: Declaration for Encumbrance concerned- legal.pdf | 25 May 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: IOD MK.pdf | 25 May 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC FIRST MK.pdf | 25 May 2023 |
| Declaration in FORM BFile: Affidivat cum Declaration Promoter.pdf | 25 May 2023 |
| CERSAI detailsFile: CERSAI_Undertaking with Search_Report FNL.pdf | 25 May 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest Organisation All Partners.pdf | 25 May 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Declaration Form.pdf | 25 May 2023 |
| PAN CardFile: Pan Card.pdf | 20 May 2023 |
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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
- All 72 filed documents as one ZIP, foldered, with a manifest
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Builder: M/s Shri Neelkanth Developers & Builders
M/s Shri Neelkanth Developers & Builders has 1 registration on MahaRERA, including Mahavir Krupa CHSL Ltd. 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 Mahavir Krupa CHSL Ltd is delayed beyond 31 Mar 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 Mahavir Krupa CHSL Ltd?
The registered promoter entity is M/s Shri Neelkanth Developers & Builders, 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 Mahavir Krupa CHSL Ltd?
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 Mahavir Krupa CHSL Ltd?
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 Mahavir Krupa CHSL Ltd?
The professionals named in the filing: Architect: Pratik Bhave Group; Engineer: Chirag H Makani; Chartered Accountant: Megha Shah Chartered Accountant; Chartered Accountant: ATUL SALGIA. 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 Mahavir Krupa CHSL Ltd?
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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