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Registered No litigation declared Mixed project

Shikhar Garden

By Shikhar Realty

RG-MH-54423 · RERA PM1270002502607 · Last updated on MahaRERA portal: 15 Jul 2026

Source: official MahaRERA filing

Red flags

  • Allotment letter deviates from the model form

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared

1 condition is 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.

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Dec 2029Possession promisedno revision filed
6 of 41Construction stages doneacross 5 buildings; furthest along: Slabs of Super Structure, 25%
178 of 178Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 14 documents Report an error

Shikhar Garden is a Mixed project by Shikhar Realty in Raigarh, Maharashtra, registered with MahaRERA as PM1270002502607 on 5 Mar 2026. Possession is promised by 31 Dec 2029. 0 of the 178 units on this registration are recorded sold or booked, and 6 of 41 construction stages are filed complete.

At a glance

Project

  • NameShikhar Garden
  • TypeMixed
  • Location
    • S No.29
    • H No-5
    • Rasayani
    • Chawane
    • Panvel
    • Raigarh
    • 410203
  • Pincode410203
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PM1270002502607
  • ReraGenie IDRG-MH-54423

Builder

  • NameShikhar Realty
  • Entity typePartnership
  • GSTIN27ADOFS4227L1ZI
  • PartnersJayantilal Masuria, Vijay Shrimal, Madanlal Chaplot, Sweety Chaplot, Neelam Maroo, Manoj Nishkalank, Nehal Chaplot, Mahendra Jain, Naresh Jain
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2026PromisedDec 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on5 Mar 2026
  • Promised completion31 Dec 2029
  • Revised completionNone
  • Buildings5 building records
  • Documents filed14 files

Current status

0%0 of 178 units booked
11.1%Work done, per cost certificate

Figures as on 15 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Building 1Wing A8742042
Building 1Wing B8742042
Building 2Wing C8742042
Building 2Wing D8742042
Building 3NA2201010

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 15 Jul 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.

6 of 41 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 25%.

Building 1 · wing Wing A31%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
Slabs of Super Structure25%
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 Tanks25%
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.0%
Building 1 · wing Wing B31%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
Slabs of Super Structure25%
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 Tanks25%
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.0%
Building 2 · wing Wing C12%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth0%
Stilt FloorNot applicable
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 Tanks0%
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.0%
Building 2 · wing Wing D11%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth0%
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 Tanks0%
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.0%
Building 30%
ActivityProgress
Excavation0%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth0%
Stilt FloorNot applicable
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 Tanks0%
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.0%

Progress on shared amenities15

As on 15 Jul 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 & FootpathsNo0%
Water SupplyNo0%
Sewerage (Chamber, Lines, Septic Tank , STP)No0%
Storm Water DrainsNo0%
Landscaping & Tree PlantingNo0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNo0%
Solid Waste Management And DisposalNo0%
Water conservation /Rain water harvestingNo0%
Energy managemcntNo0%
Fire protection and fire safety requirementsNo0%
Electrical meter room, sub-station, receiving stationNo0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNo0%

Parking filed173

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 slots173
Closed/Covered80
Open Space93
BuildingClosed/CoveredOpen SpaceTotal
Building 1 Wing A191837
Building 1 Wing B192039
Building 2 Wing C192039
Building 2 Wing D192039
Building 341519

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 area4,750 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on1 Dec 2025

Approvals and building plan

Sanctioning authorityCollector Raigad, Alibaug
Permissible FSI9356.48
Proposed, not sanctioned8,805 sq m
Buildings approved3
Buildings sanctioned3

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 branchICICI BANK LTD, SHP N 02, PLAN NO S, PLOT NO 108 1, MIDC, TTC, OPP D Y PATIL STADIUM,NAVI MUMBAI
Estimated costRs 30.24 cr
Cost incurredRs 3.34 cr
Work done11.05%
BuildingWingEstimatedIncurred
Building 1Wing ARs 7.31 crRs 1.46 cr
Building 2Wing CRs 6.36 crRs 31.82 lakh
Building 1Wing BRs 6.28 crRs 1.26 cr
Building 2Wing DRs 6.12 crRs 30.58 lakh
Building 3NARs 2.09 cr-
-NARs 2.09 cr-

Certifying professionals and partners4

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

RoleName
ArchitectDestination Architecture Interior Designs
EngineerVilas Agharkar
Chartered AccountantGanapath Jain
Chartered AccountantLalit Parmar & Co
PartnerRole in project
Shikhar Realty-

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 reportNot on the file

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

  2. Layout approvalOn the file

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

    uploaded 2 Mar 2026
  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 24 Nov 2025
  4. Commencement CertificateNot on the file

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

  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 Dec 2029

Documents filed14

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
Withdrawal Update Form 1File: Form 1 - Garden.pdf15 Jul 2026
Withdrawal Update Form 2File: Form 2 - Garden.pdf15 Jul 2026
Withdrawal Update Form 3File: Form 3 - Garden.pdf15 Jul 2026
Withdrawal Update Form 1File: Form 1 - Garden.pdf13 May 2026
Withdrawal Update Form 2File: Form 2 - Garden.pdf13 May 2026
Withdrawal Update Form 3File: Form 3 - Garden.pdf13 May 2026
Layout approvalFile: 2_6 (1)_compressed.pdf2 Mar 2026
Declaration and undertaking (Annexure A)File: Annexure A.pdf1 Jan 2026
Building plan approval or NA orderFile: Shikhar Group - Realty Cc - Compress.pdf24 Nov 2025
Layout approvalFile: 1_6 (1)_compressed.pdf24 Nov 2025
Layout approvalFile: 3_6 (1)_compressed.pdf24 Nov 2025
Layout approvalFile: 4_6 (1)_compressed.pdf24 Nov 2025
Layout approvalFile: 5_6 (1)_compressed.pdf24 Nov 2025
Layout approvalFile: 6_6 (1)_compressed.pdf24 Nov 2025

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 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
Shikhar GreensP52000034020Panvel, Raigarh334Mar 2022OngoingMar 2027Not due yet

How this compares with Raigarh

0%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one has not
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 Rasayani5,900+ in Raigarh

Builder: Shikhar Realty

Shikhar Realty has 2 registrations on MahaRERA, including Shikhar Greens and Shikhar Garden. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if Shikhar Garden is delayed beyond 31 Dec 2029?

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 Shikhar Garden?

The registered promoter entity is Shikhar Realty, a partnership as per the filing. Its GSTIN 27ADOFS4227L1ZI 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 Shikhar Garden?

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 Shikhar Garden?

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 Shikhar Garden?

The professionals named in the filing: Architect: Destination Architecture Interior Designs; Engineer: Vilas Agharkar; Chartered Accountant: Ganapath Jain; Chartered Accountant: Lalit Parmar & Co. 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 Shikhar Garden?

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; whether construction progress keeps pace with sales in the coming quarters. 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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