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Registered No litigation declared Residential / Group Housing project

SIGMA JADE

By NIKETAN VENTURES PRIVATE LIMITED

RG-MH-05959 · RERA P51800054626 · Last updated on MahaRERA portal: 16 Jul 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 24 months
  • 1 extension 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

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.

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Dec 2028Possession promisedmoved 24 months from the original
6 of 27Construction stages doneacross 3 buildings; furthest along: Slabs of Super Structure, 9%
166 of 220Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 82 documents Report an error

SIGMA JADE is a Residential / Group Housing project by NIKETAN VENTURES PRIVATE LIMITED in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800054626 on 2 Feb 2024. Possession is promised by 31 Dec 2028. The completion date has moved by 24 months from the original filing. 54 of the 220 units on this registration are recorded sold or booked, and 6 of 27 construction stages are filed complete.

At a glance

Project

  • NameSIGMA JADE
  • TypeResidential / Group Housing
  • Location
    • JOGESHWARI (WEST)
    • Oshiwara
    • Andheri
    • Mumbai Suburban
    • 400102
  • Pincode400102
  • RERA no.P51800054626
  • ReraGenie IDRG-MH-05959

Builder

  • NameNIKETAN VENTURES PRIVATE LIMITED
  • Entity typeCompany
  • DirectorsKETAN HIMATLAL MEHTA, CHANDNI KETAN MEHTA

Key dates

this monthRegisteredFeb 2024First promiseDec 2026Revised toDec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on2 Feb 2024
  • Promised completion31 Dec 2028
  • Revised completionRevised to 31 Dec 2028 (originally 31 Dec 2026)
  • Buildings3 building records
  • Documents filed82 files

Current status

25%54 of 220 units booked
25.2%Work done, per cost certificate

Figures as on 16 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SIGMA JADE - A WINGNA242383487
SIGMA JADE - B WINGNA242381384
SIGMA JADE - C WINGNA181749049

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 building3

As on 16 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 27 construction stages are filed complete across 3 buildings. The stage furthest along is Slabs of Super Structure, at 9%.

SIGMA JADE - A WING23%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure9%
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%
SIGMA JADE - B WING23%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure9%
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%
SIGMA JADE - C WING23%
ActivityProgress
Excavation100%
Basement (if any)Not applicable
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure9%
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 16 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed120

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 slots120
Closed/Covered120
BuildingClosed/CoveredTotal
SIGMA JADE - A WING4040
SIGMA JADE - B WING4040
SIGMA JADE - C WING4040

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 area7,628 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on16 Jul 2025

Approvals and building plan

Sanctioning authorityMMRDA
Permissible FSI7929.92
Proposed, not sanctioned7,930 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 BHAGYAYOG CHS SHIMPOLI ROAD NEAR HOTEL VEG TREAT 1 BORIVALI WEST MUMBAI 400092
Estimated costRs 35.00 cr
Cost incurredRs 8.82 cr
Work done25.2%
BuildingWingEstimatedIncurred
SIGMA JADE - A WINGNARs 15.75 crRs 4.41 cr
SIGMA JADE - B WINGNARs 15.75 crRs 4.41 cr
-NARs 3.50 cr-

Certifying professionals and partners7

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

RoleName
ArchitectSnehal Shah
EngineerVAIBHAV VITTHAL GHADIGAONKAR
EngineerOM GURUDATTA CONTRACTOR
Engineerkamlesh gurav
Chartered AccountantJINESH SHAH AND CO
Chartered AccountantMAHINDRA CHOUDHARY
Chartered AccountantKARGANA ASSOCIATES
PartnerRole in project
NIKETAN VENTURES PRIVATE LIMITED-

Extensions applied for1

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

EA20022619920Dec 2026 → Dec 2028

Reason as filed by the promoterAs per the structural engineer's report for the above referred proposal and as per the soil investigation report, the site was known to be a quarry area in the past and it is reclaimed by backfilling. The back fill soil with mixture of boulders extended from 7mts to 20 mts. Underneath this layer there was layer of brownish grey closely jointed basalt rock and after this layer there was layer of dark grey fresh massive basalt. This layer was also with varying depth due to the extensive quarry work carried out earlier. Adjoining to the plot there is a nalla, the nalla water has percolated throug

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 9 Nov 2023
  2. Layout approvalOn the file

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

    uploaded 16 Jun 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 28 Oct 2023
  4. Commencement CertificateOn the file

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

    uploaded 16 Oct 2024Confirm 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 Dec 2028

Documents filed82

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 82 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 NEW (1).pdf16 Jul 2026
Withdrawal Update Form 2File: form 2.pdf16 Jul 2026
Withdrawal Update Form 3File: form 3_compressed (1).pdf16 Jul 2026
Layout approvalFile: Niketan Sale Building Full CC Plan_1-6 Highlighted (1).pdf16 Jun 2026
Layout approvalFile: Niketan Sale Building Full CC Plan_7-end.pdf16 Jun 2026
Withdrawal Update Form 1File: RERA Certi WingA 17 04 2026s.pdf11 May 2026
Withdrawal Update Form 2File: FORM 2.pdf11 May 2026
Withdrawal Update Form 3File: Form-3 Mar 26 - NVPL - Sign.pdf11 May 2026
Withdrawal Update Form 1File: Architect Certificate WingB 12 01 2026 s-1.pdf2 Feb 2026
Withdrawal Update Form 1File: Architect Certificate WingB 12 01 2026 s-1.pdf2 Feb 2026
Withdrawal Update Form 2File: FORM 2.pdf2 Feb 2026
Withdrawal Update Form 2File: FORM 2.pdf2 Feb 2026
Withdrawal Update Form 3File: FORM 3 SIGMA JADE.pdf2 Feb 2026
Withdrawal Update Form 3File: FORM 3 SIGMA JADE.pdf2 Feb 2026
Form 2A (FY 2024-2025)File: form 2A FY 24-25.pdf8 Jan 2026
Layout approvalFile: PLAN_1-4.pdf3 Jan 2026
Layout approvalFile: PLAN_5-8.pdf3 Jan 2026
Layout approvalFile: PLAN_9-end.pdf3 Jan 2026
Form 5 (FY 2024-2025)File: Form 5 - NVPL - 2023-24 - Sign.pdf3 Jan 2026
Withdrawal Update Form 1File: sigma jade form1 sept 25 final.pdf2 Dec 2025
Withdrawal Update Form 2File: NVPL - Engineer certificate - Sept 25.pdf2 Dec 2025
Withdrawal Update Form 3File: NVPL CA Certifiacte End of 30 Sept.pdf2 Dec 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf14 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 (4).pdf14 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf14 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf10 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf10 Jan 2025
Disclosure of sold/ booked inventoryFile: Sigma - Disclosure of sold - booked inventory.pdf18 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Certificate revised.pdf16 Dec 2024
Disclosure of sold/ booked inventoryFile: Disclosure of sold - booked inventory - Sigma.pdf26 Nov 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A 23-24.pdf26 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 - NVPL - 2023-24 - Sign.pdf26 Nov 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Sept 24 - NVPL - FORM 2 ENGINEER CERTIFICATE - sign.pdf30 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf29 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf29 Oct 2024
Proforma of Agreement for saleFile: final_sale_agreement_draft.pdf29 Oct 2024
Layout approvalFile: Approved ammended plan 24-7-24_1-3.pdf16 Oct 2024
Layout approvalFile: Approved ammended plan 24-7-24_7-end.pdf16 Oct 2024
Layout approvalFile: Approved ammended plan 24-7-24_4-6.pdf16 Oct 2024
Copy of Layout Approval (in case of layout)File: Approved ammended plan 24-7-24_1-3.pdf16 Oct 2024
Copy of Layout Approval (in case of layout)File: Approved ammended plan 24-7-24_7-end.pdf16 Oct 2024
Copy of Layout Approval (in case of layout)File: Approved ammended plan 24-7-24_4-6.pdf16 Oct 2024
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf16 Oct 2024
Layout approvalFile: PLANS_1-3.pdf31 Jul 2024
Layout approvalFile: PLANS_4-6.pdf31 Jul 2024
Layout approvalFile: PLANS_7-end.pdf31 Jul 2024
Copy of Layout Approval (in case of layout)File: PLANS_1-3.pdf31 Jul 2024
Copy of Layout Approval (in case of layout)File: PLANS_4-6.pdf31 Jul 2024
Copy of Layout Approval (in case of layout)File: PLANS_7-end.pdf31 Jul 2024
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf31 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf18 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2.pdf18 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3.pdf18 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate.pdf18 Jan 2024
Proforma of Agreement for saleFile: agreement sigma jade.pdf3 Jan 2024
Details of encumbrances concerned to FinanceFile: no en.PDF21 Dec 2023
Details of encumbrances concerned to LegalFile: no en.PDF21 Dec 2023
Proforma of Allotment letterFile: allotment final sigma jade.pdf21 Dec 2023
Deviation Report with respect to Allotment letterFile: no dev allotment.PDF21 Dec 2023
Deviation Report with respect to model copy of AgreementFile: dev agreement.PDF21 Dec 2023
Other - TechnicalFile: Niketan CTS Correction Letter 181223_231218_130257.pdf18 Dec 2023
Copy of the legal title reportFile: title report.pdf9 Nov 2023
Building plan approvalFile: CC.pdf28 Oct 2023
Building Plan Approval / NA Order for plotted developmentFile: CC.pdf28 Oct 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: NVPL - Format 'A' - Declaration about separate Bank Account (2).pdf30 Jun 2023
Layout approvalFile: PLAN - Sale bldg - 10 floor approved plan_11zon_1-2.pdf24 May 2023
Layout approvalFile: PLAN - Sale bldg - 10 floor approved plan_11zon_3-4.pdf24 May 2023
Layout approvalFile: PLAN - Sale bldg - 10 floor approved plan_11zon_5-6.pdf24 May 2023
Layout approvalFile: PLAN - Sale bldg - 10 floor approved plan_11zon_7-end.pdf24 May 2023
PAN CardFile: Pan card - Niketan Ventures Pvt Ltd.pdf24 May 2023
Details of encumbrances concerned to FinanceFile: No encumbrance - self declaration.pdf24 May 2023
Details of encumbrances concerned to LegalFile: No encumbrance - self declaration.pdf24 May 2023
Copy of Layout Approval (in case of layout)File: PLAN - Sale bldg - 10 floor approved plan_11zon_1-2.pdf24 May 2023
Copy of Layout Approval (in case of layout)File: PLAN - Sale bldg - 10 floor approved plan_11zon_3-4.pdf24 May 2023
Copy of Layout Approval (in case of layout)File: PLAN - Sale bldg - 10 floor approved plan_11zon_5-6.pdf24 May 2023
Copy of Layout Approval (in case of layout)File: PLAN - Sale bldg - 10 floor approved plan_11zon_7-end.pdf24 May 2023
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf24 May 2023
Declaration about Commencement CertificateFile: Declaration - Commencement Certificate.pdf24 May 2023
Declaration in FORM BFile: NVPL - Form B - Notarise (2).pdf24 May 2023

How this compares with Mumbai Suburban

25%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 24 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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Builder: NIKETAN VENTURES PRIVATE LIMITED

NIKETAN VENTURES PRIVATE LIMITED has 1 registration on MahaRERA, including SIGMA JADE. 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 SIGMA JADE is delayed beyond 31 Dec 2028?

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 SIGMA JADE?

The registered promoter entity is NIKETAN VENTURES PRIVATE LIMITED, a company 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 SIGMA JADE?

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 SIGMA JADE?

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 SIGMA JADE?

The professionals named in the filing: Architect: Snehal Shah; Engineer: VAIBHAV VITTHAL GHADIGAONKAR; Engineer: OM GURUDATTA CONTRACTOR; Engineer: kamlesh gurav; Chartered Accountant: JINESH SHAH AND CO; Chartered Accountant: MAHINDRA CHOUDHARY. 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 SIGMA JADE?

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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