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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51800020732

Santacruz West · Mumbai

Shikhar

Gujjar Lane, Santacruz West · by Ptr Universal

Updated Sep 2026

7
Units
2024
Possession
1
Buildings
Certificate Signed
Status

A first look at Shikhar

Shikhar is a residential project by Ptr Universal on Gujjar Lane, Santacruz West, Mumbai 400054. It is registered with MahaRERA under P51800020732 (registered 2021-09-08). The project has 7 units across 1 building of up to 17 floors. It offers 3 BHK homes with carpet areas of 1,229–1,279 sq ft. MahaRERA proposed possession: Apr 2024.

Resale and rental stock live in this building.

3 for sale in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
3 BHK1229 ft²On request—
3 BHK1239 ft²On request—
3 BHK1279 ft²On request—

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Property listings in Shikhar

For sale

About Shikhar

Location

Shikhar is located on Gujjar Lane, Santacruz West (Mumbai 400054), in the Mumbai Suburban district. Across 80 recent resale listings on MPE, homes in Santacruz West have a median asking rate of ₹50,392 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lac a month.

MahaRERA record

Shikhar is registered with MahaRERA under P51800020732, dated 8 September 2021. The filing lists 1 wing: Shikhar over 17 floors. According to MahaRERA, the architect on record is Ghanshyam Mistry and the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 3 BHK of 1,229–1,279 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 97%, services at 90%. Proposed possession is Apr 2024.

Developer track record

Ptr Universal has 2 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out). Other projects by the same developer include Juhu Serene.

Buyer demand in Santacruz West

In the last 90 days, buyers and tenants registered 36 requirements for Santacruz West with Mumbai Property Exchange, 11 of them to buy and 8 specifically for 3 BHK homes.

Upcoming projects & infrastructure in Santacruz West

take an informed decision

32 MahaRERA projects are due to hand over in Santacruz West between 2026 and 2030; the nearest upcoming infrastructure to Shikhar is the Versova-Bandra Sea Link, 2.2 km away (under construction · due 2028).

32
MahaRERA projects handing over in the next 5 years
in Santacruz West
₹58,500/sqft▲
typical asking price
rising this quarter
₹17,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Santacruz West by possession year
1
2026
4
2027
12
2028
11
2029
4
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Shikhar
  • 🌉Versova-Bandra Sea LinkUnder construction · due 20282.2 km
  • 🚇Line 2B YellowOpened 20262.7 km
In the full Santacruz West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Santacruz West — resale, rent & yield

Resale
₹50,392/sqft
median · 80 listings
Rent
₹167.2/sqft/mo
2 BHK ~₹140,000/mo
Gross yield
4.0%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3.5 BHK1,240 ft²On request
3 BHK1,230–1,280 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Apr 2024
Project status
New
MahaRERA No.
P51800020732
Data last updated
Sep 2026
Registered
2021-09-08
Escrow Bank
HDFC BANK
Architect
Ghanshyam Mistry
Total FSI
2,356

Buildings · 1 wing

Shikhar · 17 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing97%
Services90%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Sanitary Fittings within the flats / premises90%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…80%

Amenities

9
Electrical meter room, sub-station, r…Fire protection and fire safety requi…GymnasiumLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Society OfficeStorm Water DrainsWater Supply
+1 more ▾
Water conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Santacruz West market context

Property Rates in Santacruz West

Residential · Sale
₹55,000–110,000/sqft
Commercial · Sale
₹50,000–85,000/sqft
2 BHK · Rent
₹110,000–440,000/mo

Resale Flats for Sale in Santacruz West

4

Flats for Rent in Santacruz West

4

Commercial for Sale in Santacruz West

1

Commercial for Lease in Santacruz West

1

Commercial Projects in Santacruz West

More by Ptr Universal

MahaRERA projects nearby in Santacruz West

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Shikhar located?

Shikhar is on Gujjar Lane, Santacruz West, Mumbai 400054.

What configurations and carpet areas does Shikhar offer?

3 BHK – 1,229 sq ft carpet; 3 BHK – 1,239 sq ft carpet; 3 BHK – 1,279 sq ft carpet.

When is possession of Shikhar?

As per MahaRERA, proposed possession is Apr 2024.

Is Shikhar RERA-registered?

Yes — MahaRERA registration P51800020732, registered 2021-09-08.

How many units does Shikhar have?

MahaRERA records 7 units across 8 buildings, up to 17 floors.

Who is the developer of Shikhar?

Ptr Universal — 2 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Santacruz West?

32 MahaRERA-registered projects in Santacruz West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Shikhar?

Versova-Bandra Sea Link — under construction · due 2028, 2.2 km away; Line 2B Yellow — opened 2026, 2.7 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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