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Completed No litigation declared Residential / Group Housing project

Shikhar

By PTR Universal

RG-MH-03178 · RERA P51800020732 · Last updated on MahaRERA portal: 22 Aug 2023

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.

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Apr 2024Possession promisedregistration recorded completed
9 of 11Construction stages donefurthest along: Sanitary Fittings within the flats /..., 90%
0Complaints at MahaRERAon this registration
Jump to the 34 documents Report an error

Shikhar is a Residential / Group Housing project by PTR Universal in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800020732 on 7 May 2019. The registration is recorded completed; possession was promised by 1 Apr 2024.

At a glance

Project

  • NameShikhar
  • TypeResidential / Group Housing
  • Location
    • Junction of St Andrews Road ( Jain Derasar Marg) and Gujjar Lane
    • Santacruz West
    • Andheri
    • Mumbai Suburban
    • 400054
  • Pincode400054
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800020732
  • ReraGenie IDRG-MH-03178

Builder

  • NamePTR Universal
  • Entity typePartnership
  • PartnersRohit Rajpal, Triloksingh Rajpal

Key dates

this monthRegisteredMay 2019PromisedApr 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on7 May 2019
  • Promised completion1 Apr 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed34 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ShikharNA170000

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 22 Aug 2023, 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.

9 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 90%.

Shikhar: 97% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises90%
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.80%

Progress on shared amenities17

As on 22 Aug 2023, 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
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 harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable
Society OfficeYes100%
GymnasiumYes100%

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 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.

Land area865 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
PTR UniversalAndheriMumbai Suburban

Approvals and building plan

Permissible FSI2356.63
Proposed, not sanctioned1,658 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 branchSana Building , Linking Road , Santacruz West , Mumbai-400054

Certifying professionals and partners3

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

RoleName
ArchitectGhanshyam Mistry
EngineerSunil Shah
Chartered AccountantA R Sodha
PartnerRole in project
PTR Universal-

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 18 May 2021
  2. Layout approvalOn the file

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

    uploaded 2 May 2019
  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 2019
  4. Commencement CertificateOn the file

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

    uploaded 26 Apr 2019Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 29 Mar 2023

Documents filed34

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
Certificates of CA (Form 3)File: Form3_final.pdf22 Aug 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Final Form 5.pdf22 Aug 2023
Proforma of Agreement for saleFile: AFS.pdf22 Aug 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PTR Maheshwar Shikhar 5.pdf29 Mar 2023
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Maheshwar Shikhar OC and BCC.pdf29 Mar 2023
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Completion.pdf29 Mar 2023
Disclosure of sold/ booked inventoryFile: Booked sold Inventery.pdf11 Oct 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate_May 22.pdf27 May 2022
Certificates of CA (Form 3)File: CA Certificate_May 22.pdf27 May 2022
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf1 Nov 2021
Certificates of CA (Form 3)File: CA Certificate.pdf1 Nov 2021
Certificates of CA (Form 3)File: CA Certi_page 3.pdf1 Nov 2021
Disclosure of sold/ booked inventoryFile: Disclosure 2.pdf30 Jun 2021
Disclosure of sold/ booked inventoryFile: Disclosure.pdf21 May 2021
Copy of the legal title reportFile: Title Certificate Title Report-updated.pdf18 May 2021
Proforma of Allotment letterFile: Draft_Allotment Letter.pdf18 May 2021
Proforma of Allotment letterFile: Draft AFS.pdf18 May 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf16 Feb 2021
Certificates of CA (Form 3)File: CA Certificate.pdf16 Feb 2021
OtherFile: FurtherCC_.pdf13 Feb 2020
Layout approvalFile: City Survey Plan _Layout.pdf2 May 2019
Details of encumbrancesFile: No Encumbrance Certificate.PDF2 May 2019
Copy of Layout Approval (in case of layout)File: City Survey Plan _Layout.pdf2 May 2019
Certificates of CA (Form 3)File: CA Certificate.pdf2 May 2019
Proforma of Allotment letterFile: Allotment Letter and Sale Agreement.pdf2 May 2019
Status of ConveyanceFile: Deemed Conveyance.pdf29 Apr 2019
Building plan approvalFile: maheshwar shikhar first IOD.pdf26 Apr 2019
PAN CardFile: PTR Universal PAN Card PDF.pdf26 Apr 2019
Copy of the legal title reportFile: Title certificate.pdf26 Apr 2019
Building Plan Approval (IOD)File: maheshwar shikhar first IOD.pdf26 Apr 2019
Commencement Certificates / NA Order for plotted developmentFile: FirstCC_signed.pdf26 Apr 2019
Declaration in FORM BFile: Partner Declaration.pdf26 Apr 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate.pdf26 Apr 2019
Status of Formation of Legal Entity (Society/Co Op etc.)File: Registration Certificate.pdf26 Apr 2019

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is completed

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 Santacruz West6,700+ in Mumbai Suburban

2 kmShikharCompleted 117Lapsed / revoked 66Other 137Dot size: filed unitsN

Filed coordinates, straight-line distance. 320 registered projects within 2 km.

Builder: PTR Universal

PTR Universal has 1 registration on MahaRERA, including Shikhar. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if Shikhar is delayed beyond 1 Apr 2024?

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?

The registered promoter entity is PTR Universal, 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 Shikhar?

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?

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?

The professionals named in the filing: Architect: Ghanshyam Mistry; Engineer: Sunil Shah; Chartered Accountant: A R Sodha. 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?

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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