Home / Browse projects / Mumbai Suburban, Maharashtra / Sigma Pearl
Sigma Pearl
By Ashapura Shelters Private Limited
RG-MH-05236 · RERA P51800050197 · Last updated on MahaRERA portal: 9 May 2026
Source: official MahaRERA filing
Red flags
- Completion date moved by 12 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
- Recorded completed on MahaRERA
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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Sigma Pearl is a Others project by Ashapura Shelters Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800050197 on 21 Mar 2023. The registration is recorded completed; possession was promised by 30 May 2026. The completion date has moved by 12 months from the original filing. 56 of the 72 units on this registration are recorded sold or booked, and 10 of 11 construction stages are filed complete.
At a glance
Project
- NameSigma Pearl
- TypeOthers
- Location
- TPS III of Village Bandra
- Godiwala Compound
- 5th Road
- Old Khar (West)
- Mumbai
- Bandra
- Andheri
- Mumbai Suburban
- 400052
- Pincode400052
- RERA no.P51800050197
- ReraGenie IDRG-MH-05236
Builder
- NameAshapura Shelters Private Limited
- Entity typeCompany
- DirectorsSamir Thakershi Shethia, Rajesh Ramkumar Pal
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on21 Mar 2023
- Promised completion30 May 2026
- Revised completionRevised to 30 May 2026 (originally 31 May 2025)
- Buildings1 building record
- Documents filed140 files
Current status
Figures as on 9 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Sigma Pearl | NA | 24 | 22 | 58 | 14 | 72 |
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 9 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
Sigma Pearl: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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 9 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed39
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.
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.
Approvals and building plan
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Sigma Pearl | NA | Rs 33.50 cr | Rs 33.50 cr |
| - | NA | Rs 3.37 cr | Rs 3.37 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Pagnis & Pagnis |
| Engineer | Om Gurudatta Contractor |
| Chartered Accountant | MNNY and Associates |
| Chartered Accountant | M N N Y and Associates LLP |
| Chartered Accountant | S S K A & Company |
| Partner | Role in project |
|---|---|
| Ashapura Shelters Private Limited | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterReason for Delay in Sigma Pearl Project The construction delays are due to: Material & Labor Shortages: Delays in sewerage line (extended to 30th June 2025) and water supply (30th September 2025) caused by procurement issues and skilled labor shortages. Regulatory Approvals: Pending clearances for fire fighting, lifts, and electrical works delayed interdependent tasks. Additional time is also required to apply for the Occupation Certificate (OC) and other statutory compliances. Monsoon & Site Conditions: Heavy rains disrupted external works (driveway, landscaping) and revealed unforeseen groun
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 15 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 15 Mar 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Mar 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Mar 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed140
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 140 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.
| Document | Uploaded |
|---|---|
| Form 2A (FY 2025-2026)File: FORM 2A 2025-26.pdf | 9 May 2026 |
| Occupational CertificateFile: Sigma Pearl Full OC.pdf | 9 May 2026 |
| Withdrawal Update Form 1File: Form-1 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 1File: Form-1 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: Form-2 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: Form-2 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: Form-3 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: Form-3 Q4.pdf | 20 Apr 2026 |
| Withdrawal Update Form 1File: FORM 1 Q3.pdf | 19 Jan 2026 |
| Withdrawal Update Form 2File: Final Form-2 Q3.pdf | 19 Jan 2026 |
| Withdrawal Update Form 3File: Final Form-3 Q3_compressed.pdf | 19 Jan 2026 |
| Form 5 (FY 2024-2025)File: FORM 5 2024-2025.pdf | 4 Dec 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 10 Oct 2025 |
| Withdrawal Update Form 2File: FORM 2.pdf | 10 Oct 2025 |
| Withdrawal Update Form 3File: Final Form-3 Sigma Pearl compressed.pdf | 10 Oct 2025 |
| Form 2A (FY 2024-2025)File: FORM2 A 24-25.pdf | 7 Oct 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 19 Jul 2025 |
| Withdrawal Update Form 1File: FORM 1.pdf | 19 Jul 2025 |
| Withdrawal Update Form 2File: form2 sigma pearl.pdf | 19 Jul 2025 |
| Withdrawal Update Form 2File: form2 sigma pearl.pdf | 19 Jul 2025 |
| Withdrawal Update Form 3File: Final Form-3_compressed.pdf | 19 Jul 2025 |
| Withdrawal Update Form 3File: Final Form-3_compressed.pdf | 19 Jul 2025 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory.pdf | 24 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form-3_compressed.pdf | 22 Apr 2025 |
| Declaration in FORM BFile: FORM B_0001 (3).pdf | 21 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1.pdf | 11 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 11 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2.pdf | 11 Apr 2025 |
| Declaration in FORM BFile: FORM B AFFIDAVIT CUM DECLARATION_0001.pdf | 4 Mar 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Unsold Inventory.pdf | 4 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM 2A 23-24.pdf | 4 Mar 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5.pdf | 25 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1.pdf | 6 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1.pdf | 6 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_compressed.pdf | 6 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: fORM 2.pdf | 6 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 15 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 15 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 15 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 19 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 20 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 20 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 compressed.pdf | 20 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 20 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 compressed.pdf | 20 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 20 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 12 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 12 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 12 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 architect certificate till march 2024.pdf | 11 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: signed SIGMA PEARL FORM 1.pdf | 20 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: SIGMA PEARL FORM 2.pdf | 20 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 20 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 SIGMA PEARL.pdf | 3 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 21 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 21 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 21 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 21 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 27 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 27 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 27 Jul 2023 |
| Building plan approvalFile: plan Part 2_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 3_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 4_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 5_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 6_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 7_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 8_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 9_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 10_compressed.pdf | 15 Mar 2023 |
| Building plan approvalFile: Plan Part 11_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: IOA.pdf | 15 Mar 2023 |
| Layout approvalFile: Ammended IOA.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 1_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: plan Part 2_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 3_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 4_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 5_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 6_compressed.pdf | 15 Mar 2023 |
| Layout approvalFile: Plan Part 7_compressed.pdf | 15 Mar 2023 |
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Buyer report
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Builder: Ashapura Shelters Private Limited
Ashapura Shelters Private Limited has 1 registration on MahaRERA, including Sigma Pearl. 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 Pearl is delayed beyond 30 May 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 Sigma Pearl?
The registered promoter entity is Ashapura Shelters 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 Pearl?
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 Pearl?
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 Pearl?
The professionals named in the filing: Architect: Pagnis & Pagnis; Engineer: Om Gurudatta Contractor; Chartered Accountant: MNNY and Associates; Chartered Accountant: M N N Y and Associates LLP; Chartered Accountant: S S K A & Company. 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 Pearl?
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.
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