ReraGenieLog inGet a buyer report

Home / Browse projects / Thane, Maharashtra / SHAMBHU SHANKAR RESIDENCY

Registered No litigation declared Others project

SHAMBHU SHANKAR RESIDENCY

By VIDISHA CONSTRUCTIONS

RG-MH-87029 · RERA P51700046454 · Last updated on MahaRERA portal: 1 Jun 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 24 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

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 Thane registration emailed to you, free during the pilot beta.
Dec 2026Possession promisedmoved 24 months from the original
4 of 11Construction stages donefurthest along: Internal walls, 80%
55 of 272Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 111 documents Report an error

SHAMBHU SHANKAR RESIDENCY is a Others project by VIDISHA CONSTRUCTIONS in Thane, Maharashtra, registered with MahaRERA as P51700046454 on 4 Aug 2022. Possession is promised by 20 Dec 2026. The completion date has moved by 24 months from the original filing. 217 of the 272 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.

At a glance

Project

  • NameSHAMBHU SHANKAR RESIDENCY
  • TypeOthers
  • Location
    • BHADWAD SONALE ROAD
    • BHADWAD
    • Sonale
    • Bhiwandi
    • Thane
    • 421305
  • Pincode421305
  • RERA no.P51700046454
  • ReraGenie IDRG-MH-87029

Builder

  • NameVIDISHA CONSTRUCTIONS
  • Entity typePartnership
  • PartnerABHISHEK VINOD DWIVEDI
  • Other registrations1 more →

Key dates

this monthRegisteredAug 2022First promiseDec 2024Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on4 Aug 2022
  • Promised completion20 Dec 2026
  • Revised completionRevised to 20 Dec 2026 (originally 31 Dec 2024)
  • Buildings1 building record
  • Documents filed111 files

Current status

80%217 of 272 units booked
73.5%Work done, per cost certificate

Figures as on 1 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SHAMBHU SHANKAR RESIDENCYNA141425319272

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 1 Jun 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.

4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 80%.

SHAMBHU SHANKAR RESIDENCY: 64% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor50%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises80%
Sanitary Fittings within the flats / premises65%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks62%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.45%
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 Jun 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed447

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.

Total parking slots447
Closed/Covered37
Open Space410

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.

Land area3,213 sq m
Land owned byNot the promoter
Named landowners2
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on28 Mar 2026
LandownerVillageDistrict
RAGHUNATH SHAMBHU MHATREBhiwandi (M Corp.)Thane
SURENDRA SHANKAR PATILBhiwandi (M Corp.)Thane

Approvals and building plan

Sanctioning authorityBNCMC
Permissible FSI12850.0
Proposed, not sanctioned12,850 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchBHIWANDI ASHOK HOTEL
Estimated costRs 33.12 cr
Cost incurredRs 24.33 cr
Work done73.45%
BuildingWingEstimatedIncurred
SHAMBHU SHANKAR RESIDENCYNARs 32.12 crRs 24.33 cr
-NARs 1.00 cr-

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
Architectshamim ahmed khan
EngineerSHAMIM AHMED KHAN
EngineerISHTIYQUE AHMED ANSARI
Chartered AccountantMUKESH SONI & ASSOCIATES
Chartered AccountantNITIN BALAJI DHAVAN
PartnerRole in project
VIDISHA CONSTRUCTIONS-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51700025666Dec 2024 → Dec 2025

Reason as filed by the promoterSLOW SALES, INCREASED COST OF MATERIAL, SHORTAGE OF LABOUR. AS PER CIRCULAR NO 28 DATED 22/07/2021 51% CONSENT IS REQUIRED FOR EXTENSION UNDER SECTION 7(3) AND WE HAVE OBTAINED CONSENT OF 53.27% OF ALLOTTES WHICH IS MORE THAN REQUIRED PERCENTAGE, RESOLUTION IS ALREADY UPLOADED IN RESOLUTION TAB . SO PLESE PROCESS OUR APPLICATION AT THE EARLIEST. OUR CUSTOMER LOAN DISBURSEMENT IS PENDING ON THAT ACCOUNT. PLEASE PROCEED AND OBLIGE.

EA03122518516Dec 2024 → Dec 2026

Reason as filed by the promoterDelays in the delivery of construction materials (e.g., steel, lumber, cement). Price volatility and shortages of key materials lead to project delays, as we wait for resources to arrive.There was a lack of skilled labour, especially in specialized fields like electrical work,plumbing has slow down progress on construction sites. Labour shortages is the main reason during festive seasons, which create seasonal work fluctuations and sudden disruptions in project.

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 4 Jul 2022
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 1 Jul 2022
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 1 Jul 2022
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 28 Mar 2026Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 20 Dec 2026

Documents filed111

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 111 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.

DocumentUploaded
Withdrawal Update Form 1File: FORM 1 - SHAMBHU SHANKAR - VIDISHA - MARCH 2026.pdf1 Jun 2026
Withdrawal Update Form 2File: FORM 2 - SHAMBHU SHANKAR - VIDISHA - MARH 2026.pdf1 Jun 2026
Withdrawal Update Form 3File: FORM 3 - SHAMBHU SHANKAR - VIDISHA - MARCH 26_11zon.pdf1 Jun 2026
Commencement certificateFile: FURTHER CC SSR.pdf28 Mar 2026
Withdrawal Update Form 1File: Form 1.pdf28 Mar 2026
Withdrawal Update Form 2File: Form -2.pdf28 Mar 2026
Withdrawal Update Form 3File: shambhu shanker form 3 dec 25.pdf28 Mar 2026
Form 5 (FY 2024-2025)File: form 5 signed 2025.pdf4 Dec 2025
Form 2A (FY 2024-2025)File: Quality Assurance Certificate_001.pdf3 Dec 2025
Withdrawal Update Form 1File: Form-1 30-06-25 shanbhu.pdf1 Dec 2025
Withdrawal Update Form 1File: form 3 sept 25 shambhu shanker_11zon.pdf1 Dec 2025
Withdrawal Update Form 2File: Form-2 30-06-25 shanbhu.pdf1 Dec 2025
Withdrawal Update Form 2File: Form-2 30-09-25 shambhu.pdf1 Dec 2025
Withdrawal Update Form 3File: Form-3 30-06-25_11zon.pdf1 Dec 2025
Withdrawal Update Form 3File: form 3 sept 25 shambhu shanker_11zon.pdf1 Dec 2025
Form 1File: 12 Architect’s Certificate of Percentage of Completion of Work (Form 1).pdf5 Aug 2025
Form 3File: 18 CA Certificate on Project Cost & Fund withdrawal (Form 3).pdf5 Aug 2025
Form 2File: 12 Engineer’s Certificate on Cost Incurred on Project (Form 2).pdf5 Aug 2025
Disclosure of Sold and Booked InventoryFile: 4 Disclosure of sold_ booked inventory.pdf5 Aug 2025
Form 1File: 1 SHAMBHU SHANKAR - FORM 1 DEC 2024.pdf2 Jul 2025
Form 2File: 2 SHAMBHU SHANKAR FORM 2 DEC 2024.pdf2 Jul 2025
Form 3File: 3 SHAMBHU SHANKAR - FORM 3 DEC 2024_11zon.pdf2 Jul 2025
Disclosure of Sold and Booked InventoryFile: SSR Sold Inventory.pdf2 Jul 2025
Form 1File: FORM 1 SEPT 24 SHAMBHU.pdf2 Jul 2025
Form 2File: FORM 2 SEPT 24 SHAMBHU.pdf2 Jul 2025
Form 3File: FORM 3 SEPT 24 SHAMBHU SHANKER_11zon.pdf2 Jul 2025
Disclosure of Sold and Booked InventoryFile: SSR STOCK LIST.pdf2 Jul 2025
Form 1File: FORM 1 JUNE 24 SHAMBHU.pdf2 Jul 2025
Form 2File: FORM 2 JUNE 24 SHAMBHU.pdf2 Jul 2025
Form 3File: FORM 3 JUNE 2024 SHAMBHU SHANKER_11zon.pdf2 Jul 2025
Disclosure of Sold and Booked InventoryFile: SSR STOCK LIST.pdf2 Jul 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - 31-03-25.pdf3 May 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate_11zon.pdf3 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - 31-03-25.pdf3 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - 31-03-25.pdf3 May 2025
Disclosure of sold/ booked inventoryFile: GetUserDocumentFileContent (11).pdf3 Mar 2025
Declaration in FORM BFile: SHAMBHU SHANKER FORM B LANDLORD.pdf28 Feb 2025
Declaration in FORM BFile: SHAMBHU SHANKER FORM B PROMOTER.pdf28 Feb 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHAMBHU SHANKAR - FORM 1 DEC 2024.pdf10 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHAMBHU SHANKAR - FORM 3 DEC 2024_11zon.pdf10 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHAMBHU SHANKAR FORM 2 DEC 2024.pdf10 Feb 2025
Disclosure of sold/ booked inventoryFile: SHAMBHU SHANKAR- DIS FOR SOLD UNSOLD 31 12 2024.pdf10 Feb 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Ann A - Abhishek Dwivedi.pdf23 Dec 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Ann A - Shamim Khan.pdf23 Dec 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5.pdf23 Dec 2024
Declaration in FORM BFile: FORM B LANDOWNERS --SHAMBHU SHANKER.pdf16 Dec 2024
Declaration in FORM BFile: FORM B SHAMIM SHAMBHU SHANKER.pdf16 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SHAMBHU MARCH 24.pdf16 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 JUNE 24 SHAMBHU.pdf16 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 SEPT 24 SHAMBHU.pdf16 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 11zon_JPEG-to-PDF (21).pdf16 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SEPT 24 SHAMBHU SHANKER_11zon.pdf16 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 JUNE 2024 SHAMBHU SHANKER_11zon.pdf16 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 MARCH SHAMBHU SHANKER_11zon.pdf16 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SHAMBHU MARCH 24.pdf16 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 JUNE 24 SHAMBHU.pdf16 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SEPT 24 SHAMBHU.pdf16 Dec 2024
Disclosure of sold/ booked inventoryFile: SSR STOCK LIST.pdf16 Dec 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A--MARCH 24.pdf16 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SHAMBHU SHANKAR FORM 1 DEC 23.pdf1 Feb 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SHAMBHU SHANKAR FORM 2 DEC 23.pdf1 Feb 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SHAMBHU SHANKAR FORM 3 DEC 23_11zon.pdf1 Feb 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: SSR 2A 2023.pdf18 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSR Form 3 SEPT 2022.pdf18 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSR Form 3 DEC 22.pdf18 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSR Form 3 MARCH 23.pdf18 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSR FORM 3 JUNE 2023.pdf18 Dec 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SSR Form 3 SEPT 2023.pdf18 Dec 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: SSR Form 5 - 31-03-2023.pdf18 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSR_Form_1_30-09-2022.pdf12 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSR_Form_1_31-12-2022.pdf12 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSR_Form_1_31-03-2023.pdf12 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSR_Form_1_30-06-2023.pdf12 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SSR_Form_1_30-09-2023.pdf12 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSR_Form_2_30-09-2022.pdf12 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSR_Form_2_31-12-2022.pdf12 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSR_Form_2_31-03-2023.pdf12 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSR_Form_2_30-06-2023.pdf12 Dec 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SSR_Form_2_30-09-2023.pdf12 Dec 2023
Disclosure of sold/ booked inventoryFile: Shambhu Shankar Residency Inventory001.pdf12 Dec 2023

How this compares with Thane

80%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one moved by 24 months
23%of Thane registrations have lapsed or been cancelledthis one is on the register

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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.

Keep SHAMBHU SHANKAR RESIDENCY 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.

How alerts work

Other projects near BHADWAD7,600+ in Thane

Builder: VIDISHA CONSTRUCTIONS

VIDISHA CONSTRUCTIONS has 2 registrations on MahaRERA, including SHIV SAI AWAS and SHAMBHU SHANKAR RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if SHAMBHU SHANKAR RESIDENCY is delayed beyond 20 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 SHAMBHU SHANKAR RESIDENCY?

The registered promoter entity is VIDISHA CONSTRUCTIONS, 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 SHAMBHU SHANKAR 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 current is the construction progress shown for SHAMBHU SHANKAR 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 SHAMBHU SHANKAR RESIDENCY?

The professionals named in the filing: Architect: shamim ahmed khan; Engineer: SHAMIM AHMED KHAN; Engineer: ISHTIYQUE AHMED ANSARI; Chartered Accountant: MUKESH SONI & ASSOCIATES; Chartered Accountant: NITIN BALAJI DHAVAN. 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 SHAMBHU SHANKAR 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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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

Report an error or share feedback

About SHAMBHU SHANKAR RESIDENCY. Everything on this page comes from what the promoter filed on MahaRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save SHAMBHU SHANKAR RESIDENCY to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.