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Registered Litigation declared Residential / Group Housing project

SHETH BLUE IVY

By Sheth Developers Private Limited

RG-MH-21080 · RERA P51800001407 · Last updated on MahaRERA portal: 4 May 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 3 cases
  • 19 complaints at MahaRERA
  • Completion date moved by 53 months
  • 2 extensions taken

Clear

  • No encumbrance on the project land
  • 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 Mumbai Suburban registration emailed to you, free during the pilot beta.
Nov 2027Possession promisedmoved 53 months from the original
2 of 11Construction stages donefurthest along: Podiums (if any), 50%
29 of 66Units unsoldnot recorded sold or booked
19Complaints at MahaRERAon this registration
Jump to the 130 documents Report an error

SHETH BLUE IVY is a Residential / Group Housing project by Sheth Developers Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800001407 on 28 Jul 2017. Possession is promised by 28 Nov 2027. The completion date has moved by 53 months from the original filing. 37 of the 66 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete. 19 complaints are on record with the regulator.

At a glance

Project

  • NameSHETH BLUE IVY
  • TypeResidential / Group Housing
  • Location
    • GEN A K VAIDYA MARG
    • DINDOSHI MALAD
    • Borivali
    • Mumbai Suburban
    • 400097
  • Pincode400097
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800001407
  • ReraGenie IDRG-MH-21080

Builder

  • NameSheth Developers Private Limited
  • Entity typeCompany
  • CINU45200MH1993PTC070335
  • CIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • Managing DirectorAshwin Sheth
  • Other registrations9 more →
  • Completed3 of 10
  • Declared earlier projects11 →

Key dates

this monthRegisteredJul 2017First promiseJun 2023Revised toNov 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on28 Jul 2017
  • Promised completion28 Nov 2027
  • Revised completionRevised to 28 Nov 2027 (originally 30 Jun 2023)
  • Buildings1 building record
  • Documents filed130 files

Current status

56%37 of 66 units booked
19.0%Work done, per cost certificate

Figures as on 4 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLUE IVYNA373466066

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 4 May 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.

2 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 50%.

BLUE IVY: 27% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)50%
Plinth3%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks30%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.10%

Progress on shared amenities15

As on 4 May 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 & FootpathsNoNot applicable
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 WaterYes0%
Solid Waste Management And DisposalNoNot applicable
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 SpaceYes0%
Open ParkingYes0%

Parking filed1

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 slots1
Closed/Covered1

Land and ownership5

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 area1,735 sq m
Land owned byThe promoter, with other names on the file
Named landowners5
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on30 Sep 2024
LandownerVillageDistrict
DAMJIBHAI RAGHAVJI TANK HUFAndheriMumbai Suburban
BHUPENDRA DAMODAR TANKAndheriMumbai Suburban
RAMESH DAMODAR TANKAndheriMumbai Suburban
PRAVIN DAMODAR TANKAndheriMumbai Suburban
MANOHAR DAMODAR TANKAndheriMumbai Suburban

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI11274.7
Proposed, not sanctioned694 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 branchSHIVGHAM COMPLEX, DINDOSHI ONKAR CHS, GEN A K VAIDYA MARG, MUMBAI 400097
Estimated costRs 48.82 cr
Cost incurredRs 9.26 cr
Work done18.97%
BuildingWingEstimatedIncurred
BLUE IVYNARs 48.38 crRs 9.26 cr
-NARs 44.46 lakh-

Certifying professionals and partners8

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

RoleName
ArchitectK R LOTLIKAR AND ASSOCIATES
ArchitectGA DESIGN
EngineerMAHIMTURA CONSULTANT PVT LTD
EngineerMuhammad Shoeb Chouhan
EngineerSMARTY LACHHWANI
Chartered AccountantHaresh Bhanushali and Associates
Chartered AccountantHaresh Bhanushali
Chartered AccountantM B Agrawal & co.
PartnerRole in project
Sheth Developers Private Limited-

Extensions applied for2

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

EXT51800015214Jun 2023 → Jun 2024

Reason as filed by the promoter1) The said Project is part of the Layout Project being constructed in Larger Property. On the said Larger Layout, the Promoter has already constructed and developed Building No.1 (commercial building and known as “Sheth House”, Building No. 2 & 3 (having A & B wing) which is now known as Vasant Valley Aster Tower Co-Operative Housing Society Ltd. and Building No.3 (having A & B Wing) which is now known as Venus Vasant Valley Co-Operative Housing Society Ltd. The Promoter has subsequently proposed said Project i.e. Building No. 4 consisting of 34 stories by utilizing the balance FSI and TDR av

EXT51800024129Jun 2023 → Nov 2027

Reason as filed by the promoterThe said Project is part of the Layout Project being constructed in Larger Property. On the said Larger Layout, the Promoter has already constructed and developed Building No.1 (commercial building and known as “Sheth House”, Building No. 2 & 3 (having A & B wing) which is now known as Vasant Valley Aster Tower Co-Operative Housing Society Ltd. and Building No.3 (having A & B Wing) which is now known as Venus Vasant Valley Co-Operative Housing Society Ltd. The Promoter has subsequently proposed said Project i.e. Building No. 4 consisting of 34 stories by utilizing the balance FSI and TDR avail

Litigation declared3

CaseCourtStatus
422 OF 2012/2012BOMBAY HIGHCOURTPENDING FOR HEARING
771 OF 2018/2018HIGH COURTPENDING FOR FINAL HEARING OF NOTICE OF MOTION
14584/2024BOMBAY HIGH COURTOngoing

Complaints filed with MahaRERA19

Case no.ComplainantRespondentFiled
CC006000000198851Nikant SteelSheth Developers Pvt. Ltd.28/10/2021
CC006000000334040Mahesh Purushottam SarafM/s. Sheth Developers Pvt Ltd And Ors24/01/2023
CC006000000334039Sarita Mahesh SarafM/s Sheth Developers Pvt Ltd And Ors24/01/2023
CC006000000334038Krishnam Mahesh SarafM/s. Sheth Developers Pvt Ltd And Ors24/01/2023
CC006000000334044Nishit Sharvan GuptaM/s. Sheth Developers Pvt Ltd22/01/2023
CC006000000334046Saurabh Sharvan GuptaM/s. Sheth Developers Pvt Ltd22/01/2023
CC006000000334047Shishir Sharvan GuptaM/s. Sheth Developers Pvt Ltd22/01/2023
CC006000000334033Priti Sunil DokaniaM/s Sheth Developers Pvt Ltd22/01/2023
CC006000000334036Puja Fab And Investment Pvt Ltd Through Director Sanjay DokaniaM/s Sheth Developers Pvt Ltd24/01/2023
CC006000000334037Divyam Mahesh sarafM/s Sheth Developers Pvt Ltd and Ors24/01/2023
CC006000000344158Harsh Kumar KediaM/s. Sheth Developers P Ltd & Ors30/01/2023
CC006000000344159Sushil Ramswaroop GadiaM/s. Sheth Developers P Ltd & Ors30/01/2023
CC006000000344160Ashish MittalM/s. Sheth Developers P Ltd & Ors31/01/2023
CC006000000396411Kamalkishor AgrawalSheth Developers P Ltd26/06/2023
CC006000000396410Ramta AgrawalSheth Developers Pvt Ltd and Ors26/06/2023
CC006000000396426Madhu Ramesh GuptaM/s. Sheth Developers Pvt Ltd29/06/2023
CC006000000429535Himanshu AgashiwalaSHETH DEVELOPERS PVT LTD09/03/2024
CC006000000591056M/s Astalaxmi Fabrics Pvt Ltd Through Vijaykumar K BajoriaM/s Sheth Developers Pvt Ltd. through Ashwin N Sheth07/07/2024
CC12500887KAILASH PRASAD SANGHAISheth Developers Private Limited13/03/2025

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 25 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 25 Jul 2017
  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 25 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 29 Apr 2023Confirm 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 28 Nov 2027

Documents filed130

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 130 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 blue ivy (1).pdf4 May 2026
Withdrawal Update Form 2File: SHETH BLUE IVY.pdf4 May 2026
Withdrawal Update Form 3File: Form - 3_Blue IVY_Mar 26.pdf4 May 2026
Withdrawal Update Form 1File: form 1 blue ivy (1).pdf28 Jan 2026
Withdrawal Update Form 2File: SHETH BLUE IVY (1).pdf28 Jan 2026
Withdrawal Update Form 3File: Form-3_Blue IVY_Dec 25_Signed.pdf28 Jan 2026
Withdrawal Update Form 1File: Blue Ivy Form 1.pdf29 Nov 2025
Withdrawal Update Form 2File: FORM 2 - SHETH BLUE IVY.pdf29 Nov 2025
Withdrawal Update Form 3File: Form - 3_Blue IVY_Sept 2025_Signed.pdf29 Nov 2025
Form 5 (FY 2024-2025)File: Form - 5_Blue IVY_2024-25-Signed.pdf25 Nov 2025
Withdrawal Update Form 1File: Form 1 - Sheth Blue Ivy.pdf15 Sep 2025
Withdrawal Update Form 2File: Form - 2 Blue IVY.pdf15 Sep 2025
Withdrawal Update Form 3File: Form - 3 Blue IVY.pdf15 Sep 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Sheth Blue Ivy.pdf2 May 2025
Certificates of CA (Form 3)File: FORM 3 -Sheth Blue Ivy.pdf29 Apr 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - Sheth BLUE.pdf29 Apr 2025
Disclosure of sold/ booked inventoryFile: BLUE- IVY 1.pdf29 Apr 2025
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf22 Jan 2025
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf22 Jan 2025
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf22 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy.pdf18 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy.pdf18 Jan 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy.pdf18 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 - Sheth BLue.pdf16 Jan 2025
Certificates of CA (Form 3)File: FORM-3- Sheth Blue IVY.pdf16 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 - Sheth BLue.pdf16 Jan 2025
Certificates of CA (Form 3)File: FORM-3- Sheth Blue IVY.pdf16 Jan 2025
Certificates of CA (Form 3)File: FORM-3- Sheth Blue IVY.pdf16 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 - Sheth BLue.pdf16 Jan 2025
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf29 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy Architect certificate.pdf29 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form - 2 Blue IVY.pdf29 Oct 2024
Certificates of CA (Form 3)File: Form - 3 Blue IVY.pdf29 Oct 2024
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf29 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy Architect certificate.pdf29 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form - 2 Blue IVY.pdf29 Oct 2024
Certificates of CA (Form 3)File: Form - 3 Blue IVY.pdf29 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Blue Ivy Architect certificate.pdf29 Oct 2024
Certificates of CA (Form 3)File: Form - 3 Blue IVY.pdf29 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form - 2 Blue IVY.pdf29 Oct 2024
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf29 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM-5 - SHETH BLUE IVY.pdf7 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM-5 - SHETH BLUE IVY.pdf7 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM-5 - SHETH BLUE IVY.pdf7 Oct 2024
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf31 Jul 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 - Blue Ivy.pdf26 Jul 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM -2 - SHETH BLUE IVY.pdf26 Jul 2024
Certificates of CA (Form 3)File: FORM -3 - SHETH BLUE IVY.pdf26 Jul 2024
Details of encumbrances concerned to FinanceFile: Encumbrance concerning Legal and Finance.pdf10 Jul 2024
Details of encumbrances concerned to LegalFile: Encumbrance concerning Legal and Finance.pdf10 Jul 2024
CERSAI detailsFile: CERSAI DECLARATION.pdf10 Jul 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest.pdf10 Jul 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Declaration about Seperate Bank account - FORMAT A.pdf10 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 1.pdf8 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 2.pdf8 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 3.pdf8 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 4.pdf8 May 2024
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf3 May 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 - Blue Ivy.pdf23 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 - Sheth Blue Ivy.pdf22 Apr 2024
Certificates of CA (Form 3)File: FORM-3 - Sheth Blue IVY.pdf22 Apr 2024
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf31 Jan 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1- Sheth Blue Ivy.pdf16 Jan 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form - 2 - Blu IVY.pdf16 Jan 2024
Certificates of CA (Form 3)File: Form - 3 - Blu IVY.pdf16 Jan 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 1) 1st quater.pdf7 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 2) 2nd quater.pdf7 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 3) 3rd quater.pdf7 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 4) 4th quater.pdf7 Dec 2023
Disclosure of sold/ booked inventoryFile: BLUE IVY.pdf30 Nov 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form - 1 Blue Ivy.pdf7 Nov 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Blue IVY.pdf20 Oct 2023
Certificates of CA (Form 3)File: Form - 3 - Blue IVY.pdf20 Oct 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM-5 - SHETH BLUE IVY.pdf8 Sep 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 -SHETH BLUE IVY.pdf19 Jul 2023
Certificates of CA (Form 3)File: FORM-3 BULE IVY.pdf19 Jul 2023
Commencement Certificates / NA Order for plotted developmentFile: CC revalidation with payment receipt.pdf29 Apr 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - Blue Ivy - Jan 23 to Mar 23.pdf25 Apr 2023
Disclosure of sold/ booked inventoryFile: Blue Ivy.pdf25 Apr 2023
Certificates of CA (Form 3)File: FORM 3 - Blue Ivy - Jan 23 to Mar 23.pdf25 Apr 2023

Promoter's earlier projects9

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.

2 delivered on promise7 delivered late
ProjectLocationFlatsStatusPromisedDelivered
SIGMAZANDU PHARMACTICAL GOKHALE ROAD SOUTH DADAR W MUMBAI - 25260CompletedJul 2014Late, Dec 2014
VIVIANA MALLViviana Mall Voltas Compound Pokharan Rd No 2 Majiwade Thane w 400601240CompletedMay 2013May 2013
Vasant LawnsVasant Lawns Voltas Compound Pokharan Rd No 2 Majiwade Thane w 400601465CompletedMar 2012Late, Nov 2013
VASANT MARVELWESTRN EXPRESS HIGHWAY BORIWALI EAST MUMBAI - 66641CompletedOct 2011Late, Jul 2012
CNERGYAPPASAHEB MARATHE MARG PRABHADEVI MUMBAI 2533CompletedSep 2011Sep 2011
BEAUMONDEAPPASAHEB MARATHE MARG PRABHADEVI MUMBAI 25196CompletedJul 2011Late, Jan 2012
VASANT GALAXYJUNCTION OF MG ROAD AND LINK ROAD BANGUR NAGAR GOREGAON WEST MUMBAI803CompletedOct 2010Late, Mar 2011
VASANT VALLEYMALAD EAST MUMBAI 96127CompletedJun 2010Late, Dec 2010
VASANT GARDENSWAPNA NAGARI OFF LBS MARG MULUND WEST MUMBAI 801,825CompletedMar 2007Late, Dec 2007

How this compares with Mumbai Suburban

56%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 53 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

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.

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How alerts work

Other projects near DINDOSHI MALAD6,700+ in Mumbai Suburban

2 kmSHETH BLUE IVYCompleted 101Lapsed / revoked 66Other 126Dot size: filed unitsN

Filed coordinates, straight-line distance. 293 registered projects within 2 km.

Builder: Sheth Developers Private Limited

Sheth Developers Private Limited has 10 registrations on MahaRERA, including VASANT FIONA and CLARION. Its filings disclose 11 earlier MahaRERA projects: declares 2 of 9 past projects completed on time. Litigation is declared on 4 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if SHETH BLUE IVY is delayed beyond 28 Nov 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 SHETH BLUE IVY?

The registered promoter entity is Sheth Developers Private Limited, a company as per the filing. Its CIN U45200MH1993PTC070335 can be cross-checked on the MCA and GST portals. 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 SHETH BLUE IVY?

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 SHETH BLUE IVY?

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 SHETH BLUE IVY?

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 SHETH BLUE IVY?

The professionals named in the filing: Architect: K R LOTLIKAR AND ASSOCIATES; Architect: GA DESIGN; Engineer: MAHIMTURA CONSULTANT PVT LTD; Engineer: Muhammad Shoeb Chouhan; Engineer: SMARTY LACHHWANI; Chartered Accountant: Haresh Bhanushali and 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 SHETH BLUE IVY?

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; how the declared litigation on this registration affects your risk; 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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