MahaRERA Property Intelligence · Mumbai Suburban

ArtHouse

P51800077967 · Bandra West · promoter Supreme Sky Ventures

Certificate SignedDue 31 Mar 2029

Delivery & Registration

MahaRERA registrationP51800077967
Registered on14 Nov 2024
Promoter-declared completion31 Mar 2029
Current statusCertificate Signed
Against today32 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Supreme Sky Ventures is the promoter of record on 72 projects, of which 12 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~14.9% of the estimated project cost incurred as of the last certificate (₹16.34 Cr spent against a ₹110.00 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 11 homes filed with MahaRERA, 8 are sold/booked (3 with registered agreements + 5 booked) and 3 remain available (~73% sold) — selling steadily. Buyers have committed ₹449.60 Cr in agreement value so far. Of that, ₹128.35 Cr (~29%) is already collected, ₹321.74 Cr receivable — a read on how far along these sales really are. Note: the project registers 28 homes in total, but this sold/unsold inventory filing covers only 11 of them — the other 17 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 8 registered agreements, the effective carpet rate is ₹108,416/sqft (typical range ₹93,204–₹173,208) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1313013,030 sqft (281.51 sqm)₹12.99 Cr
Floor 1515015,023 sqft (466.64 sqm)₹21.53 Cr
Floor 22011,329 sqft (123.49 sqm)₹85.68 Lakh

⚠ The inventory filing also declares: 17 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+21 and 28 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ArtHouse1G+2128-

Unit mix on the filing: 28 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250142428/04/2025rutuja nilesh oak vs Supreme Sky Ventures LLPorder passed

Location, Land & Connectivity

Located at Bandra West, Perry Cross Road, Bandra Reclamation, Mumbai Suburban, 400050. Per the filed land record, the plot is bounded to the north by By Pali Mala Road, to the south by By CTS No 723, to the east by By Perry Cross Road and to the west by By CTS No 719. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Supreme SKY Ventures Private Limited is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Supreme SKY Ventures Private Limited

Supreme SKY Ventures Private Limited
FlaggedMumbai Suburban

Other RERA-registered projects in Bandra West

The Wave
possession by Jul 2026 · Webtech Realty LLP
The Waterfront
possession by Aug 2026 · M/s Orbit Developers
Bandra Boon CHS LTD
possession by Sep 2026 · Mass Jaks Associate Ventures
Aryan Tower
Not filing quarterly progress reports · possession by Dec 2026 · Suchit Developers
Brightland
possession by Dec 2026 · Sambhavparshva Developers Private Limite
DLH Signature
possession by Dec 2026 · Flowline Developers Pvt Ltd

Major developers building in Bandra West

Other RERA-registered projects in Mumbai Suburban

Artic Building
declared completion Mar 2026 · Cordcon Builders Private Limited
Artiz Elite
declared completion Mar 2025 · Artiz Realty
Artteza
possession by Nov 2026 · Sunvision Estates
Arun Building Of Pulivahana CHS Ltd
possession by Dec 2026 · Aaryan Realtors & Developers
Arunodaya Tower
possession by Dec 2026 · Rajawadi Arunodaya Co-Operative Housing
Arvind Niwas
declared completion Jun 2026 · Hridyaa Infraprojects LLP

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026