Home / Browse projects / Mumbai Suburban, Maharashtra / SHARAD APARTMENTS CHS LTD
SHARAD APARTMENTS CHS LTD
RG-MH-19698 · RERA P51800003282 · Last updated on MahaRERA portal: 20 Jan 2025
Source: official MahaRERA filing
Red flags
- 1 complaint at MahaRERA
- Completion date moved by 52 months
- 2 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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.
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.
SHARAD APARTMENTS CHS LTD is a Residential / Group Housing project by AAKAR CONSTRUCTIONS in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800003282 on 5 Aug 2017. The registration is recorded completed; possession was promised by 5 Apr 2022. The completion date has moved by 52 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameSHARAD APARTMENTS CHS LTD
- TypeResidential / Group Housing
- Location
- Borivali
- Mumbai Suburban
- 400104
- Pincode400104
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800003282
- ReraGenie IDRG-MH-19698
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on5 Aug 2017
- Promised completion5 Apr 2022
- Revised completionRevised to 5 Apr 2022 (originally 31 Dec 2017)
- Buildings1 building record
- Documents filed50 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SHARAD APARTMENTS | NA | 17 | 0 | 0 | 0 | 0 |
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 20 Jan 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
SHARAD APARTMENTS: 91% average across the applicable activities
| 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 20 Jan 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 | 100% |
| 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 | 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 | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed20
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. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| SHARAD APARTMENTS CHS 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.
Certifying professionals and partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MR ASHIM KHATRI |
| Engineer | MR VATSAL HARSHAD GOKANI |
| Partner | Role in project |
|---|---|
| AAKAR CONSTRUCTIONS | - |
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 promoterMATTER PENDING AT ARBITRATION DUE TO DISPUTE AMONGST PATRNERS/PROMOTERS
Reason as filed by the promoterWe have successfully obtained Occupation certificate dated 05-04-2022.
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 1402/2014 | CITY CIVIL COURT DINDOSHI GOREGAON EAST MUMBAI | HEARING IN PROGRESS |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000055478 | Rajesh Mistry & others | Aakar Construction | 23/07/2018 |
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 22 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 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 29 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Jul 2017Confirm 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 8 Nov 2024
Documents filed50
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: -SHARAD APARTMENT-0345 Form 4.pdf | 20 Jan 2025 |
| Architect’s Certificate on Completion of Project (Form 4)File: -SHARAD APARTMENT-0345 Form 4.pdf | 25 Dec 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2 01 04 2021 to 31 03 2022.pdf | 24 Dec 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 1 4 2020 to 31 03 21.pdf | 24 Dec 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 1 04 2019 to 31 03 2020.pdf | 24 Dec 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 01 04 18 to 31 03 19.pdf | 24 Dec 2024 |
| Certificates of CA (Form 3)File: AAKAR CONSTRUCTIONS- FORM 3 2018-19_compressed.pdf | 21 Dec 2024 |
| Certificates of CA (Form 3)File: AAKAR CONSTRUCTIONS- FORM 3 -2019-20_compressed.pdf | 21 Dec 2024 |
| Certificates of CA (Form 3)File: AAKAR CONSTRUCTIONS- FORM 3-2020-21_compressed.pdf | 21 Dec 2024 |
| Certificates of CA (Form 3)File: AAKAR CONSTRUCTIONS- FORM 3-2021-22_compressed.pdf | 21 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: FORM NO 05 AAKAR CONSTRUCTIONS FY 2018 19.pdf | 21 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM NO 05 AAKAR CONSTRUCTIONS FY 2019 20.pdf | 21 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM NO 05 AAKAR CONSTRUCTIONS FY 2020 21.pdf | 21 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM NO 05 AAKAR CONSTRUCTIONS F Y 2021 22.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sols Unsold Inventory.pdf | 13 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Sharad - Form 1.pdf | 4 Dec 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Sharad- 2A quality assurance 20-21.pdf | 4 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Disclosure - sold unsold inventory.pdf | 4 Dec 2024 |
| Declaration about Commencement CertificateFile: Sharad- Declaration about CC.pdf | 4 Dec 2024 |
| CERSAI detailsFile: Aakar constructions- cersai.pdf | 4 Dec 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Sharad- 2A- Quality assurance- 21-22.pdf | 4 Dec 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: -SHARAD APARTMENT-0345 Form 4.pdf | 10 Nov 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: SHARAD -OC_signed.pdf | 8 Nov 2024 |
| Certificates of CA (Form 5)File: SHARAD FORM 5.pdf | 15 Oct 2018 |
| Proforma of Allotment letterFile: ALLOTTMENT LETTER SHARAD.pdf | 30 Jul 2017 |
| Proforma of Allotment letterFile: SALE AGREEMENT RERA SHARAD.pdf | 30 Jul 2017 |
| Building plan approvalFile: comp plan 1.pdf | 29 Jul 2017 |
| Layout approvalFile: comp plan 4.pdf | 29 Jul 2017 |
| Building plan approvalFile: comp plan 4.pdf | 29 Jul 2017 |
| Building plan approvalFile: comp plan 2.pdf | 29 Jul 2017 |
| Layout approvalFile: comp plan 1.pdf | 29 Jul 2017 |
| Layout approvalFile: comp plan 2.pdf | 29 Jul 2017 |
| Layout approvalFile: comp plan 3.pdf | 29 Jul 2017 |
| Building plan approvalFile: comp plan 3.pdf | 29 Jul 2017 |
| Details of encumbrancesFile: ENCUMBRANCE LETTER.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: comp plan 1.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: comp plan 2.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: comp plan 3.pdf | 29 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: comp plan 4.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: comp plan 1.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: comp plan 2.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: comp plan 3.pdf | 29 Jul 2017 |
| Building Plan Approval (IOD)File: comp plan 4.pdf | 29 Jul 2017 |
| Declaration in FORM BFile: FORM B PROMOTER.pdf | 29 Jul 2017 |
| Certificates of CA (Form 3)File: C A CERTIFICATE.pdf | 29 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: CC pdf.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: Engineer cert 1.pdf | 28 Jul 2017 |
| PAN CardFile: PAN CARD PDF.pdf | 22 Jul 2017 |
| Copy of the legal title reportFile: TITLE CERTIFICATE.pdf | 22 Jul 2017 |
Promoter's earlier projects2
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| ABHISHEK CHS LTD | PLOT NO. 39 JAYPRAKASH NAGAR ROAD NO 3 GOREGAON EAST MUMBAI 400063 | 16 | Completed | Jun 2015 | Late, Nov 2015 |
| NAV SUDHIR CHS LTD | PLOT NO 113 L T ROAD NO 6 OFF M G ROAD GOREGAON WEST MUMBAI 400104 | 21 | Completed | May 2013 | Late, Jul 2013 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Mumbai Suburban
Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.
Free monthly report: Mumbai 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.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 50 filed documents as one ZIP, foldered, with a manifest
Keep SHARAD APARTMENTS CHS LTD 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.
Other projects near Borivali6,700+ in Mumbai Suburban
Filed coordinates, straight-line distance. 336 registered projects within 2 km.
Opulence
ARIHA BUILDTECH LLP
SHEETAL KIARA
A & A Developers
4TH AVENUE Sunteck City, ODC, Goregaon West
Satguru Corporate Services Pvt. Ltd.
Narang Valora
Narang Realty Private Limited
VIVAN
GOREGAON ELECTRICAL INDUSTRIES LLP
Integrated Ramicon
Integrated Affordable Home Private Limited
See every Mumbai Suburban project, with the district possession charts
Builder: AAKAR CONSTRUCTIONS
AAKAR CONSTRUCTIONS has 5 registrations on MahaRERA, including SHARAD APARTMENTS CHS LTD and PAI NIWAS. Its filings disclose 5 earlier MahaRERA projects: declares 0 of 4 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if SHARAD APARTMENTS CHS LTD is delayed beyond 5 Apr 2022?
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 SHARAD APARTMENTS CHS LTD?
The registered promoter entity is AAKAR 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 SHARAD APARTMENTS CHS 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 do I read the complaint cases filed against SHARAD APARTMENTS CHS LTD?
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 SHARAD APARTMENTS CHS 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 SHARAD APARTMENTS CHS LTD?
The professionals named in the filing: Architect: MR ASHIM KHATRI; Engineer: MR VATSAL HARSHAD GOKANI. 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 SHARAD APARTMENTS CHS 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.
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