The Wave
MahaRERA Property Intelligence · Mumbai City
P51900011605 · BANDRA WEST · promoter Keyhomes Realtors Private
| MahaRERA registration | P51900011605 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 29 Dec 2024 |
| Current status | Certificate Signed |
| Against today | about 19 months past the declared date |
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.
Of 62 homes filed with MahaRERA, 60 are sold/booked and 2 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹106.02 Cr in agreement value so far. Of that, ₹94.35 Cr (~89%) is already collected, ₹17.97 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 60 registered agreements, the effective carpet rate is ₹35,260/sqft (typical range ₹24,166–₹41,531) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 9 | A-902 | 378 sqft (35.16 sqm) | ₹1.24 Cr |
| Floor 9 | B-18 | 233 sqft (21.61 sqm) | ₹76.46 Lakh |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
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+20 and 11 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Marina Wing B | 1 | G+10 | 11 | - |
| Marina Wing A | 1 | G+20 | - | - |
| Marina Wing A | 1 | G+20 | - | - |
Unit mix on the filing: 62 residential.
9 complaints are 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. | Filed | Parties | Status |
|---|---|---|---|
| CC12502428 | 17/07/2025 | Yasmin Adil Majoo vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12502429 | 17/07/2025 | Yasmin Adil Majoo vs Keyhomes Realtors Private Limited | order passed |
| CC12503126 | 04/09/2025 | Safina Siddique Satani vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503472 | 28/09/2025 | Gulfam Hussain vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503473 | 28/09/2025 | Gulfam Hussain vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503624 | 11/10/2025 | Allahbaksh MohdKhaja Shaikh vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503737 | 23/10/2025 | Mohd Shahid Mohd Israr Ansari vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503735 | 23/10/2025 | Rehnuma Shafique Mom vs Keyhomes Realtors Private Limited | pending / no order on file |
| CC12503736 | 23/10/2025 | Rehnuma Shafique Mom vs Keyhomes Realtors Private Limited | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 29 Dec 2024 | 29 Dec 2024 | In accordance with circular no 28, we hereby apply for extension of our project u/s 6 in Format B. The project was delayed for reasons beyond our control on account of various reas |
Located at BANDRA WEST, 166 HILL ROAD, Mumbai City, Mumbai City, 400050. Per the filed land record, the plot is bounded to the north by N L Road, to the south by Hill Road, to the east by Ram Mandir Road and to the west by DCIPL House. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~10 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 10 km |
| Powai / Hiranandani business park | 13 km |
| Chhatrapati Shivaji Int'l Airport | 14 km |
| Bandra Kurla Complex (BKC) | 16 km |
| Lower Parel / Worli business district | 23 km |
| Nariman Point / Fort | 31 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
🔒 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.
🔒 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.
🔒 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.
Should you buy in Marina?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Last checked against the RERA register: 27 Jul 2026