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Registration lapsed No litigation declared Others project

SHANTIBAI RESIDENCY

By ISHWAR DEVELOPERS

RG-MH-30134 · RERA P52000029855 · Last updated on MahaRERA portal: 17 Apr 2025

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 10 months past the filed date
  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form

4 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 Raigarh registration emailed to you, free during the pilot beta.
Dec 2025Possession promised10 months past this date
5 of 11Construction stages donefurthest along: Staircases, 88%
0Complaints at MahaRERAon this registration
Jump to the 54 documents Report an error

SHANTIBAI RESIDENCY is a Others project by ISHWAR DEVELOPERS in Raigarh, Maharashtra, registered with MahaRERA as P52000029855 on 8 Jul 2021. Possession was promised by 30 Dec 2025 and is now 10 months past that date. The completion date has moved by 12 months from the original filing.

At a glance

Project

  • NameSHANTIBAI RESIDENCY
  • TypeOthers
  • Location
    • Sector -1
    • Pushpak New
    • Vadghar (CT)
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000029855
  • ReraGenie IDRG-MH-30134

Builder

  • NameISHWAR DEVELOPERS
  • Entity typePartnership
  • PartnersKhirasindhu Jayamani Sahu, Nalini Udhab Sahu, Udhab Jayamani Sahu
  • Other registrations3 more →
  • Completed2 of 4
  • No longer live2 lapsed, de-registered or revoked

Key dates

10 months past promisethis monthRegisteredJul 2021First promiseDec 2024Revised toDec 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on8 Jul 2021
  • Promised completion30 Dec 2025
  • Revised completionRevised to 30 Dec 2025 (originally 31 Dec 2024)
  • Buildings1 building record
  • Documents filed54 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SHANTIBAI RESIDENCYNA88000

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 17 Apr 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.

5 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 88%.

SHANTIBAI RESIDENCY: 72% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor70%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises50%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks88%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.74%
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.11%

Progress on shared amenities15

As on 17 Apr 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes20%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed13

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 slots13
Closed/Covered13

Land and ownership2

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area700 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
Shri Nilkanth Atmaram PatilPargaonRaigarh
Shri Premnath Atmaram PatilKhanda ColonyRaigarh

Approvals and building plan

Sanctioning authorityCity and Industrial Development Corporation of Maharashtra Limited
Permissible FSI1040.87
Proposed, not sanctioned1,041 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 branchKaranjade

Certifying professionals and partners1

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

RoleName
Chartered AccountantN B Sayed & Associates
PartnerRole in project
ISHWAR DEVELOPERS-

Extensions applied for1

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

EXT52000025835Dec 2024 → Dec 2025

Reason as filed by the promoterWe apologize for the delay in the completion of the project and the submission of this request. The delay has occurred due to issues with procurement, unforeseen site conditions, coordination challenges, and temporary financial constraints. Despite these setbacks, we are working diligently to address these issues and complete the remaining work. We will apply for the Occupancy Certificate once the remaining work is finished. We are closely monitoring progress and taking all necessary steps to ensure timely completion. Given the circumstances, we kindly request an extension until 30-12-2025 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.

  1. Legal title reportOn the file

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

    uploaded 21 Jun 2021
  2. Layout approvalOn the file

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

    uploaded 18 Jun 2021
  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 26 Apr 2024
  4. Commencement CertificateOn the file

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

    uploaded 26 Apr 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 filed54

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.

DocumentUploaded
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Shantibai Residency as on March 2025.pdf17 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on March 2025.pdf17 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 of Shantibai Residency as on 31st December 2024.pdf11 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 of Shantibai Residency as on 31st December 2024.pdf11 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf30 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_11zon.pdf30 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate - sept 24.pdf30 Dec 2024
Disclosure of sold/ booked inventoryFile: Circular 29.pdf30 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Shantibai Residency as on 10th December 2024.pdf23 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Shantibai Residency as on September 2024.pdf20 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on September 2024.pdf20 Dec 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 of Shantibai Residency FY 23-24.pdf20 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on June 2024.pdf19 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on June 2024.pdf19 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on June 2024.pdf19 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Shantibai Residency As on 30th June 2024.pdf19 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2 Engineer’s Certificate on Cost Incurred on Project (Form 2).pdf17 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3 CA Certificate on Project Cost Fund withdrawal (Form 3) (2).pdf17 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Shantibai Residency as on June 2024.pdf8 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Shantibai Residency as on March 2024.pdf12 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Shantibai Residency as on March 2024.pdf12 Jun 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 - Shantibai Residency FY 2022-23.pdf12 Jun 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Shantibai Residency as on March 2024.pdf10 Jun 2024
Declaration in FORM BFile: Form B.pdf3 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A - Shantibai Residency F Y 2021-22.pdf3 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A - Shantibai Residency F Y 2022-23.pdf3 Jun 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - Shantibai Residency F Y 2023-24.pdf3 Jun 2024
CERSAI detailsFile: Declaration of CERSAI.pdf3 Jun 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf3 Jun 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf3 Jun 2024
Details of encumbrances concerned to FinanceFile: DA.pdf29 Apr 2024
Details of encumbrances concerned to LegalFile: DA.pdf29 Apr 2024
Other - TechnicalFile: DA.pdf29 Apr 2024
Building plan approvalFile: 15-1-DRG_11zon.pdf26 Apr 2024
Building Plan Approval / NA Order for plotted developmentFile: 15-1-DRG_11zon.pdf26 Apr 2024
Commencement Certificates / NA Order for plotted developmentFile: 15-1-AC.pdf26 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Shantibai Residency Form 2 as on September 2022.pdf17 Dec 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Shantibai Residency as on September 2022.pdf17 Dec 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 15-1-PUSHPAK RERA.pdf16 Dec 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Shantibai Residency 21-22.pdf16 Dec 2022
OtherFile: 15-1-PK PCC.pdf28 Jun 2021
Copy of the legal title reportFile: Title Maharera.pdf21 Jun 2021
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SHANTIBAI RESIDENCY.pdf21 Jun 2021
Proforma of Allotment letterFile: Agreement for Sale_ishwar developers.pdf21 Jun 2021
Proforma of Allotment letterFile: Allotment letter_Ishwar Developers.pdf21 Jun 2021
Layout approvalFile: PLAN 15.pdf18 Jun 2021
Building plan approvalFile: PLAN 15.pdf18 Jun 2021
PAN CardFile: pancard.pdf18 Jun 2021
Details of encumbrancesFile: ENCUMBRANCE ISHWAR .pdf18 Jun 2021
Copy of Layout Approval (in case of layout)File: PLAN 15.pdf18 Jun 2021
Building Plan Approval / NA Order for plotted developmentFile: PLAN 15.pdf18 Jun 2021
Commencement Certificates / NA Order for plotted developmentFile: CC 15.pdf18 Jun 2021
Declaration about Commencement CertificateFile: Form D Declaration Ishwar .pdf18 Jun 2021
Declaration in FORM BFile: Promoter Form B Ishwar .pdf18 Jun 2021

How this compares with Raigarh

20%of Raigarh projects moved their completion datethis one moved by 12 months
26%of Raigarh registrations have lapsed or been cancelledthis one is among them

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad 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.

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How alerts work

Other projects near Pushpak New5,900+ in Raigarh

2 kmSHANTIBAI RESIDENCYCompleted 140Lapsed / revoked 48Other 134Dot size: filed unitsN

Filed coordinates, straight-line distance. 322 registered projects within 2 km.

Builder: ISHWAR DEVELOPERS

ISHWAR DEVELOPERS has 4 registrations on MahaRERA, including UMIYA LEELA APARTMENT and ISHWAR APARTMENT. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What does it mean that SHANTIBAI RESIDENCY shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if SHANTIBAI RESIDENCY is delayed beyond 30 Dec 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 SHANTIBAI RESIDENCY?

The registered promoter entity is ISHWAR DEVELOPERS, 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 SHANTIBAI 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 SHANTIBAI 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 SHANTIBAI RESIDENCY?

The professionals named in the filing: Chartered Accountant: N B Sayed & Associates. 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 SHANTIBAI 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.

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