Our Core Values

Professionalism

Our conduct, behavior, and attitude are focused on achieving great professionalism in every aspect of our work.

Timely Delivery

We adhere strictly to projected and real timeframes to ensure every project is delivered on schedule.

Excellent Quality

With care, precision, and quality, every home we build carries forward our proud legacy.

Transparency & Innovation

Transparency and innovation drive our performance and keep our promises.

OUR JOURNEY SO FAR IN CONSTRUCTING THE WORLD OF HAPPINESS HAS BEEN EXCELLENT

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YEARS OF EXPERIENCE
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SUCCESSFUL PROJECTS
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What Our Customers Say

Pratik Agarwal

One of the renowned builders in Navi Mumbai for best quality and workmanship, taking lifestyle to the max level of magnificence. Trustworthy to buy property.

Sanjeev Joshi

Quality, design, and timely project completion are the main focus of the group. Very amicable and supportive attitude of all the group members.

Poonam Choudhary

Great place to stay at an affordable price, perfect flats with proper ventilation and space. Gives you a good ambience with swimming pool, gym, and garden.

Vinod Singh

Sky Construction is one of the best builders. I bought a flat in Koparkhairane and am very happy with the behaviour and services.

WELCOME TO SKY CONSTRUCTION - COMMITTED TO EXCELLENCE. DRIVEN BY PURPOSE.

Sky Construction is a forward-thinking construction and development company with a proud legacy of over 23+ years of consistent performance, trust, and customer satisfaction. With a strong foundation built on quality, integrity, and innovation, we have established ourselves as a benchmark for timely project delivery, superior construction standards, and thoughtful urban planning. Our specialisation in CIDCO tender plots underscores our expertise and proven success in some of the most strategically important projects across Navi Mumbai.

Our journey is guided by the visionary leadership of our founder and chairman, Sumit Lakhani, whose foresight and dedication laid the cornerstone of the group's enduring success. This legacy continues through the dynamic leadership of Mr. Ankit Jain, Managing Director, and Mr. Kalyana Kumar Anant, Director. Together, they uphold our mission to exceed expectations by delivering not just structures, but meaningful experiences.

Sky Construction Team working on project planning

Envisioning the Exceptional, Valuing the Future

Vision

"Our vision is to redefine the real estate industry by creating innovative, sustainable, and value-driven structures that enrich lives and communities. We aspire to be the preferred choice for our customers, known for our exceptional quality, customer-centric approach, and unwavering commitment to delivering projects on time. With a focus on continuous improvement and embracing cutting-edge technologies, we aim to set new benchmarks in the industry and build a legacy of excellence that inspires trust and admiration."

Mission

Our mission is to surpass the expectations of our homebuyers and investors by consistently delivering the highest quality services and lifestyle. We are committed to upholding our core values of trust, transparency, reliability, and timeliness in every endeavour we undertake. By staying ahead of market trends, we aim to proactively incorporate innovative features, amenities, and solutions in each of our projects. With a customer-centric approach, we strive to create homes that not only meet but exceed the evolving needs and aspirations of our valued customers.

Our Achievements

CUSTOMER SATISFACTION IS OUR GREATEST ACHIEVEMENT.

Sky Construction achievement medal for excellence in construction

WHY CHOOSE SKY CONSTRUCTION

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20+ YEARS OF TRUSTED EXPERIENCE

With over two decades of unwavering commitment to excellence, we are driven by a singular vision: to develop thoughtfully planned, technically sound, and future-ready spaces.

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A TEAM OF PROVEN EXPERTS

Our multidisciplinary team of seasoned architects, engineers, and project managers brings strategic insight and deep technical expertise to every phase of the development process.

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CUSTOMER-FIRST PHILOSOPHY

At Sky Construction, our customers remain the cornerstone of every decision we make. We build more than homes, we build lasting trust.

Pankaj Sachdeva - Director of Sky Construction

DIRECTOR'S PROFILE – Pankaj Sachdeva

Shri Pankaj Sachdeva is the Director of Sky Construction, a name synonymous with trust and excellence in the real estate sector. He holds a distinguished academic background with a Bachelor of Legal Science (B.L.S.) and Bachelor of Laws (LL.B.) from Mumbai University.

A visionary leader with over two decades of industry expertise, Shri Sachdeva plays a pivotal role in shaping the strategic direction of the Group. He oversees end-to-end sales operations, ensuring seamless execution across all ongoing and upcoming projects. His leadership spans across marketing, brand development, and client relations, where he prioritises transparency, efficiency, and innovation.

Renowned for his hands-on approach and forward-thinking mindset, he fosters a high-performance culture rooted in customer satisfaction and operational excellence. Shri Pankaj Sachdeva continues to drive Sky Construction's mission to deliver premium, value-driven developments while maintaining the highest standards of integrity and professionalism.

Under Construction

Commercial Complex Project

SKY RESIDENCY

Modern residential tower offering elegant living spaces with scenic views and premium comfort.

Under Construction | 2 & 3 BHK Homes
Commercial complex development

SKY RESIDENCY

Luxury homes designed for urban living, combining style, space, and sustainability.

Under Construction | Location: Kolad
Mixed-use development project

SKY RESIDENCY

Exclusive residency featuring spacious apartments, modern architecture, and serene surroundings.

Under Construction | 2 & 3 BHK Homes
Mixed-use development project

SKY RESIDENCY

Contemporary living redefined with smart design, lush landscapes, and premium amenities.

Under Construction - Residential Apartments
Mixed-use development project

SKY RESIDENCY

Peaceful residential enclave blending comfort, convenience, and community living.

Under Construction - 2 & 3 BHK Homes in Kolad

Projects As Contractor

Balaji Exotica residential project exterior in Kopar Khairane, Navi Mumbai

Monarch Tower

Modern commercial and residential hub in Thane West.

Balaji Heights residential project exterior in Sanpada, Navi Mumbai

Meenaxi Towers

Contemporary living spaces in Goregaon, Mumbai.

Balaji Shrushti residential project exterior in Nerul, Navi Mumbai

Aronodaya Building

Peaceful residential address in Santacruz East.

Modern residential complex with premium amenities by Sky Construction

Shruti Housing Project

Modern residential complex with premium amenities.

Commercial space designed for tech companies by Sky Construction

SBI Nagar

Commercial space designed for tech companies.

Sustainable living project with green energy solutions by Sky Construction

Noorani Masjid

A serene landmark reflecting peace, faith, and community harmony.

Health and wellness focused residential community by Sky Construction

Thane municipal corporation

Urban planning and development.

PROJECTS AS DEVELOPER

Commercial Complex Project

Sane Guruji

Mulund, Navi Mumbai

A state-of-the-art commercial complex with retail spaces, offices, and premium amenities.

Completed ✅
Residential Tower Project

Borivali West

Borivali, Mumbai

A premium residential tower with luxury apartments and world-class amenities.

Completed ✅
Yasho Dham Residential Project

Yasho Dham 

Goregaon, Mumbai

Complete renovation and expansion of a multi-specialty hospital with modern facilities.

Completed ✅

Contact Info

Sky Construction Logo

ADDRESS: Shop no: 01, A-Wing, Meghna City,Bhira Phata, Opp.
Warasgaon, Kolad- 402304

TELEPHONE: (022) 27565742 /43

MOBILE: +91 7021315793

WEBSITE: www.skyconstruction.in

EMAIL: sales@skyconstruction.in

Send us a Message & Feedback

GST : A HOME-BUYER'S GUIDE

Being pegged as a progressive tax change since Independence, the Goods and Services Tax (GST) is probably going to dispose of the mind boggling and questionable tax structure tormenting the nation right now.

Real Estate in India in the current past has seen an incredible development, not simply in the Tier 1 urban areas, but rather even Tier 2 and Tier 3 urban communities and towns. The industry is in the cusp of expanded controls, with bills i.e. RERA, GST is another improvement that will significantly affect this segment.

The real estate sector is evaluated to represent around 5% of India's GDP and is viewed as the second biggest employer in the nation.

Be that as it may, the segment confronts issues regarding macroeconomic conditions and financial strategy choices. One such challenge is the administration of the numerous redundant indirect tax levies, for example, VAT, Service Tax, excise, stamp duty and registration fees.

This has brought about various works on being trailed by developers, crosswise over geographies and even inside each State. These issues ought to be put to rest under the GST administration and the practices and positions ought to be regular crosswise over India. Subsequently, the taxes paid by home purchasers crosswise over States should pretty much be the same.

Previously, home buyers used to pay service tax and VAT on buy of residential units when booked before their possession. The proposed GST ought to supplant these various expenses with a single tax and ought to likewise guarantee smooth stream of credits through the chain.

Under revised order from the legislature, under-development properties will be burdened at 18% which incorporates 9% SGST in addition to 9% CGCT. The legislature has likewise permitted derivation of land value comparable to 33% of the aggregate sum charged by a developer, along these lines, influencing the compelling tax rate as 5%.

Stamp Duty and Registration charges are outside the ambit of GST now in light of the fact that these are state levies while property tax is a municipal levy.

Overall, GST seems to be an beneficial for the real estate sector, essentially in light of the expected free flow of credit, which ought to convert into an expansion in margin in the hands of the developer. Regardless of whether these advantages will permeate into the end clients/clients is left to be seen, all the more so since evaluating in this part is more determined by market forces than on costing standards. All the more critically, as the GST administration is relied upon to give prominent straightforwardness through market system, it is basic that real estate transactions form a fundamental piece of the proposed GST design.

GST Guide for home buyers by Sky Construction

Implications Of The GST Bill On Real Estate

The impact of GST on the real estate industry will decrease a lot of ambiguity. It has been made clear that under-construction flats would be charged at an effective rate of 5% on sale value. Whenever Completion Certificate/Occupation Certificate is received, no GST is applicable on the sale of such properties. GST has simplified the taxation process. Instead of paying VAT and service tax, buyers now only need to pay GST, subsuming all other indirect taxes into one.

Important thing you should know about GST for your property:

GST is to bring efficiency into the entire tax system.

THE LEVY of GST is 5 per cent but flat buyers should understand the details of Input Tax Credit (ITC) in GST regime. Buyers should know construction stage of project as on 30 June, 2017, to calculate their ITC benefit.

LIKE the earlier service tax regime, renting of residential property has been kept out of the purview of GST. However, the customer will be liable to pay GST in case of rented-out commercial property if the annual rent received exceeds Rs 20 lakh.

THERE WILL not be any change in the stamp duty and registration costs irrespective of whether it is a new property, under construction property or a resale property. These levies continue to be state subjects.

FOR BOOKING CONTACT

+91 7021315793

Stamp Duty information for property buyers

STAMP DUTY

A stamp duty of 6% is applicable and mandatory on flat purchases within the jurisdiction of Greater Mumbai Municipal Corporation and 6% on flat purchase within TMC judiciary limits, according to the Maharashtra stamp act 1958. Without the payment of this stamp duty, your solicitor will not be able to officially register your new house in your name, even when the house is transferred within the family. The rate of stamp duty for galas/office/shop premises and garage even if just used for car parking is 5% in Mumbai.

PROCEDURE FOR STAMP DUTY

The stamp duty amount is calculated for the flat purchaser as per the agreement value or market value, whichever is higher. Once the stamp duty amount is ascertained, the flat purchaser needs to prepare a pay-order addressed in favor of "SUPERINTENDENT OF STAMPS, Mumbai". The pay-order is given for franking of the agreement. Later, the said agreement is duly filled and signed by the respective parties.

REGISTRATION

Registration of the Stamp duty paid agreement document is to record ownership of the flat. It is registered under the India Registration Act with the sub-registrar of Assurances, of the jurisdiction under which the property is located. The purchaser officially becomes the legal owner of the property, only after the title deeds are registered or recorded in his/her name.

The Stamp Duty Offices in Mumbai
The Superintendent of Stamps General Stamp Office,
Shop no: 01, A-Wing, Meghna City,
Shahid Bhagat Singh Road, Fort,
Mumbai 400 023
Ph: 7021315793

Compulsory Registration of Documents - Section 17 of the Registration Act, 1908

Registration Procedure: For registration, the original document printed on one side along with two photocopies of the original; have to be submitted to the registering officer. The registration procedure also requires the presence of two witnesses and the payment of the appropriate registration fees.

On Completion of Procedure: A receipt bearing a distinct serial number is issued. The following requirements for completing the registration are usually stated on the receipt:

Market value of the property: Income-tax clearance; i.e., N.O.C. under Section 269 UL(3) issued by the appropriate authority constituted under chapter XX-C of the Income Tax Act, 1961, if the same is applicable.

Registration Fee: The registration fee currently fixed for registering documents relating to property transactions is approximately 1% of the market value or agreement value, whichever is higher, subject to Maximum of Rs.30,000/-.

The registration fee for the following immovable property transactions is levied on the market value of property on which stamp duty is charged:

  • Sale
  • Exchange
  • Conveyance
  • Gift
  • Partition
  • Transfer of lease by way of assignment
  • Power of attorney given for consideration
  • Authorization to the attorney to sell the property

FOR BOOKING CONTACT

+91 7021315793