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Registered No litigation declared Residential / Group Housing project

Shikara Greens Phase I

By Shikara Constructions Pvt. Ltd.

RG-MH-92206 · RERA P52000014928 · Last updated on MahaRERA portal: 26 Jun 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 34 months
  • 5 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
  • All 1 earlier projects delivered on promise

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 Raigarh registration emailed to you, free during the pilot beta.
Oct 2026Possession promisedmoved 34 months from the original
50 of 55Construction stages doneacross 5 buildings; furthest along: Podiums (if any), 0%
5 of 57Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 160 documents Report an error

Shikara Greens Phase I is a Residential / Group Housing project by Shikara Constructions Pvt. Ltd. in Raigarh, Maharashtra, registered with MahaRERA as P52000014928 on 15 Jan 2018. Possession is promised by 31 Oct 2026. The completion date has moved by 34 months from the original filing. 52 of the 57 units on this registration are recorded sold or booked, and 50 of 55 construction stages are filed complete.

At a glance

Project

  • NameShikara Greens Phase I
  • TypeResidential / Group Housing
  • Location
    • Chinchavali Village Road
    • Chinchavali Village
    • Chinchavali Tarf Waje
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000014928
  • ReraGenie IDRG-MH-92206

Builder

  • NameShikara Constructions Pvt. Ltd.
  • Entity typeCompany
  • GSTIN27AAKCS3917P1ZN
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • DirectorsVishal Ashok Mehra, Anita Ashok Mehra
  • Other registrations5 more →
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

this monthRegisteredJan 2018First promiseDec 2023Revised toOct 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on15 Jan 2018
  • Promised completion31 Oct 2026
  • Revised completionRevised to 31 Oct 2026 (originally 30 Dec 2023)
  • Buildings5 building records
  • Documents filed160 files

Current status

91%52 of 57 units booked
99.8%Work done, per cost certificate

Figures as on 26 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Building No 2 - Wing ANA5312012
Building No 2 - Wing BNA5312012
Building No 3 - Wing ANA5312012
Building No 3 - Wing BNA5312012
Building No 3 - Wing CNA53909

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 building5

As on 26 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.

50 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Podiums (if any), at 0%.

Building No 2 - Wing A91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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%
Building No 2 - Wing B91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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%
Building No 3 - Wing A91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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%
Building No 3 - Wing B91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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%
Building No 3 - Wing C91%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 26 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed216

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 slots216
Closed/Covered147
Open Space69
BuildingClosed/CoveredOpen SpaceTotal
Building No 2 - Wing A291544
Building No 2 - Wing B411556
Building No 3 - Wing A281341
Building No 3 - Wing B241337
Building No 3 - Wing C251338

Land and ownership

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 area2,602 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
Declared on24 May 2025

Approvals and building plan

Sanctioning authorityCITY AND INDUSTRIAL DEVELOPMENT CORPORATION OF MAHARASHTRA LIMITED
Permissible FSI2699.26
Proposed, not sanctioned2,051 sq m
Buildings approved5
Buildings sanctioned5

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 branchSona Building, Chembur, Mumbai - 400071
Estimated costRs 5.78 cr
Cost incurredRs 5.77 cr
Work done99.79%
BuildingWingEstimatedIncurred
Building No 3 - Wing ANARs 1.11 crRs 1.11 cr
Building No 2 - Wing BNARs 1.11 crRs 1.11 cr
Building No 2 - Wing ANARs 1.10 crRs 1.10 cr
Building No 3 - Wing BNARs 1.10 crRs 1.09 cr
Building No 3 - Wing CNARs 91.97 lakhRs 91.87 lakh
-NARs 44.45 lakhRs 44.45 lakh

Certifying professionals and partners5

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

RoleName
ArchitectPrathamesh Khot
EngineerYatesh Tare
EngineerYAGNIK RANK
Chartered AccountantSunny Bhagia & Associates
Chartered AccountantPOONAM BALUMAL BHAGYA
PartnerRole in project
Shikara Constructions Pvt. Ltd.-

Extensions applied for5

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

EXT52000017303Dec 2023 → Jun 2024

Reason as filed by the promoterDUE TO COVID SITUATION THERE WAS SHORTAGE OF MANPOWER & DELAY IN RECEIVING THE MATERIAL AT SITE

EXT52000019602Dec 2023 → Dec 2024

Reason as filed by the promoterDUE TO SHORTAGE OF CONSTRUCTION MATERIAL AND SHORTAGE OF MANPOWER AT SITE WE HEREBY REQUEST FOR EXTENSION OF PROJECT

EXT52000025311Dec 2023 → Jun 2025

Reason as filed by the promoterAttached herewith Consent of Member along with Form B, PERT Certificate & Clarification/Reason for Delay as required.

EA14062501594Dec 2023 → Oct 2025

Reason as filed by the promoterLabour and Material Shortages as our project is situated at the outskirts of Panvel i.e. more then 12km from the Panvel City

EA10102518086Dec 2023 → Oct 2026

Reason as filed by the promoterAs Project is situated at the outskirts of Panvel so there is shortage of contructions material and labour supply. Now the Project is almost on Track and on final completion stage. Consent of Members attached for your ready reference

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 10 Jan 2018
  2. Layout approvalOn the file

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

    uploaded 2 Jan 2018
  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 2 Jan 2018
  4. Commencement CertificateOn the file

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

    uploaded 2 Jan 2018Confirm 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 31 Oct 2026

Documents filed160

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 160 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: Architect Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 1File: Architect Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 1File: Architect Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 126 Jun 2026
Withdrawal Update Form 2File: Engineer Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 2File: Engineer Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 2File: Engineer Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 226 Jun 2026
Withdrawal Update Form 3File: CA Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 3File: CA Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 3File: CA Certificate Shikara Greens 31122025.pdf26 Jun 2026
Withdrawal Update Form 326 Jun 2026
Withdrawal Update Form 1File: Architect Certificate Shikara Greens 310326.pdf22 Jun 2026
Withdrawal Update Form 1File: Architect Certificate Shikara Greens 31122025.pdf22 Jun 2026
Withdrawal Update Form 2File: Engineer Certificate Shikara Greens 310326.pdf22 Jun 2026
Withdrawal Update Form 2File: Engineer Certificate Shikara Greens 31122025.pdf22 Jun 2026
Withdrawal Update Form 3File: CA Certificate Shikara Greens 310326.pdf22 Jun 2026
Withdrawal Update Form 3File: CA Certificate Shikara Greens 31122025.pdf22 Jun 2026
Form 5 (FY 2024-2025)File: Shikara Greens Phase I Form 5 FY 202425.pdf10 Dec 2025
Withdrawal Update Form 1File: Architect Ceritificate Greens 0925.pdf10 Oct 2025
Withdrawal Update Form 2File: Engineer Ceritificate Greens 0925.pdf10 Oct 2025
Withdrawal Update Form 3File: CA Ceritificate Greens 0925.pdf10 Oct 2025
Withdrawal Update Form 1File: ARCHITECH CERTIFICATE GREENS JUN 25.pdf2 Aug 2025
Withdrawal Update Form 1File: ARCHITECH CERTIFICATE GREENS JUN 25.pdf2 Aug 2025
Withdrawal Update Form 1File: ARCHITECH CERTIFICATE GREENS JUN 25.pdf2 Aug 2025
Withdrawal Update Form 2File: ENGINEERu0027S CERTIFICATE GREENS JUN25.pdf2 Aug 2025
Withdrawal Update Form 2File: ENGINEERu0027S CERTIFICATE GREENS JUN25.pdf2 Aug 2025
Withdrawal Update Form 2File: ENGINEERu0027S CERTIFICATE GREENS JUN25.pdf2 Aug 2025
Withdrawal Update Form 3File: CA CERTIFICATE GREENS JUNE 25.pdf2 Aug 2025
Withdrawal Update Form 3File: CA CERTIFICATE GREENS JUNE 25.pdf2 Aug 2025
Withdrawal Update Form 3File: CA CERTIFICATE GREENS JUNE 25.pdf2 Aug 2025
Form 1File: ARCHITECT CERTIFICATE - GREENS - Dec 24.pdf3 Jun 2025
Form 2File: Engineer Certificate - Shikara Greens - Dec 24.pdf3 Jun 2025
Form 3File: CA CERTIFICATE - GREENS - DEC - 24.pdf3 Jun 2025
Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF INVENTORY - GREENS - Dec 24.pdf3 Jun 2025
Self-declaration of Quarterly ProgressFile: Self Declaration.pdf3 Jun 2025
Form 1File: Architect Certificate - Shikara Greens - Mar 25.pdf3 Jun 2025
Form 2File: Engineer Certificate - Shikara Greens - Mar 25.pdf3 Jun 2025
Form 3File: CA CERTIFICATE - GREENS - MAR - 25.pdf3 Jun 2025
Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF INVENTORY - GREENS - Mar 25.pdf3 Jun 2025
Self-declaration of Quarterly ProgressFile: Self Declaration.pdf3 Jun 2025
Declaration in FORM BFile: Form - B - RERA.pdf11 Dec 2024
Certificates of CA (Form 3)File: CA CERTIFICATE SHIKARA GREENS - SEP 24.pdf14 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE SHIKARA GREENS - SEP 24.pdf14 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 - SHIKARA GREENS 2023-24.pdf14 Nov 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECT SHIKARA GREENS SEP 24.pdf9 Nov 2024
Disclosure of sold/ booked inventoryFile: SHIKARA GREENS SOLD INVENTORY - SEP 24.pdf9 Nov 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ArchitectShikaraGreens300624.pdf4 Nov 2024
Certificates of CA (Form 3)File: SHIKARA GREEN PHASE I CA CERTIFICATE.pdf4 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: SHIKARA GREEN PHASE I ENG CERTIFICATE.pdf4 Nov 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Quality Assurance Shikara Greens - 23-24.pdf4 Nov 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Certificate - Greens 31032024.pdf3 May 2024
Certificates of CA (Form 3)File: CA Certificate - Greens 31032024.pdf2 May 2024
Declaration in FORM BFile: Form B - Affidavit - Shikara Greens.pdf26 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate - Shikara Greens 31032024.pdf26 Apr 2024
Disclosure of sold/ booked inventoryFile: Disclosure of Inventory - Greens 31032024.pdf26 Apr 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest in Other Real Estate Orgn.pdf26 Apr 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seperate Bank Accounts - Greens.pdf26 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Certificate - Shikara Greens - Dec 23.pdf3 Feb 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Certificate - Shikara Greens - Dec 23.pdf3 Feb 2024
Certificates of CA (Form 3)File: CA Certificate - Shikara Greens - Dec 23.pdf3 Feb 2024
Disclosure of sold/ booked inventoryFile: SHIKARA GREENS.pdf19 Jan 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Cert Shikara Greens 30092023.pdf7 Nov 2023
Certificates of CA (Form 3)File: Engineer Cert Shikara Greens 30092023.pdf7 Nov 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Cert Shikara Greens 30092023.pdf2 Nov 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: GREENS FORM 5 2023.pdf30 Sep 2023
Declaration in FORM BFile: Shikara Greens Form B.pdf22 Aug 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Shikara Greens 2A 2023.pdf22 Aug 2023
Disclosure of sold/ booked inventoryFile: Shikara Greens Phase - I.pdf11 Aug 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate - Shikara Greens1.pdf10 Aug 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Certificate - Greens Q1 - FY23-24.pdf20 Jul 2023
Certificates of CA (Form 3)File: CA Certificate - Greens Q1 - FY23-24.pdf20 Jul 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: SHIKARA GREENS - Architect Cert 31032023.pdf6 May 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: SHIKARA GREENS - ENG Cert 31032023.pdf6 May 2023
Certificates of CA (Form 3)File: SHIKARA GREENS - CA Cert 31032023.pdf6 May 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 02A SHIKARA GREENS.pdf3 Feb 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Shikara Greens Phase I Architect Cert Dec22.pdf24 Jan 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Shikara Greens Phase I Eng Cert Dec22.pdf24 Jan 2023
Certificates of CA (Form 3)File: Shikara Greens Phase I CA Cert Dec22.pdf24 Jan 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 RERA AUDIT AS ON 31032022 SG.pdf24 Jan 2023

Promoter's earlier projects1

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.

1 delivered on promise
ProjectLocationFlatsStatusPromisedDelivered
Shikara Estates Phase IIVillage - Chiple Taluka-Panvel99CompletedApr 2014Apr 2014

How this compares with Raigarh

91%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one moved by 34 months
26%of Raigarh registrations have lapsed or been cancelledthis one is on the register

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 Chinchavali Village5,900+ in Raigarh

2 kmShikara Greens Phase ICompleted 2Lapsed / revoked 2Other 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 10 registered projects within 2 km.

Builder: Shikara Constructions Pvt. Ltd.

Shikara Constructions Pvt. Ltd. has 6 registrations on MahaRERA, including Shikara Greens Phase I and Shikara Orchid. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if Shikara Greens Phase I is delayed beyond 31 Oct 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 Shikara Greens Phase I?

The registered promoter entity is Shikara Constructions Pvt. Ltd., a company as per the filing. Its GSTIN 27AAKCS3917P1ZN 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 Shikara Greens Phase I?

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 Shikara Greens Phase I?

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 Shikara Greens Phase I?

The professionals named in the filing: Architect: Prathamesh Khot; Engineer: Yatesh Tare; Engineer: YAGNIK RANK; Chartered Accountant: Sunny Bhagia & Associates; Chartered Accountant: POONAM BALUMAL BHAGYA. 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 Shikara Greens Phase I?

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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