The Wave
MahaRERA Property Intelligence · Mumbai Suburban
PR1180002501188 · BANDRA-B · promoter Sayaji Realty Private
| MahaRERA registration | PR1180002501188 |
| Registered on | 13 Oct 2025 |
| Promoter-declared completion | 31 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 29 months to the declared date |
Across MahaRERA, Sayaji Realty Private is the promoter of record on 8 projects, of which none currently 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.
MahaRERA's cost filing puts construction at ~20.7% of the estimated project cost incurred as of the last certificate (₹4.43 Cr spent against a ₹21.46 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.
Of 13 homes filed with MahaRERA, 3 are sold/booked and 10 remain available (~23% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹14.97 Cr in agreement value so far. Of that, ₹4.17 Cr (~28%) is already collected, ₹10.80 Cr receivable — a read on how far along these sales really are. Note: the project registers 44 homes in total, but this sold/unsold inventory filing covers only 13 of them — the other 31 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.
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 11 | 1101 | 672 sqft (62.43 sqm) | ₹2.38 Cr |
| Floor 11 | 1102 | 869 sqft (80.77 sqm) | ₹3.08 Cr |
| Floor 12 | 1201 | 672 sqft (62.43 sqm) | ₹2.38 Cr |
| Floor 12 | 1202 | 869 sqft (80.77 sqm) | ₹3.08 Cr |
| Floor 13 | 1301 | 1,163 sqft (108 sqm) | ₹4.12 Cr |
| Floor 13 | 1302 | 1,093 sqft (101.54 sqm) | ₹3.87 Cr |
| Floor 14 | 1401 | 854 sqft (79.33 sqm) | ₹3.03 Cr |
| Floor 14 | 1402 | 1,093 sqft (101.54 sqm) | ₹3.87 Cr |
| Floor 15 | 1502 | 1,093 sqft (101.54 sqm) | ₹3.87 Cr |
| Floor 16 | 1602 | 1,093 sqft (101.54 sqm) | ₹3.87 Cr |
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+18 and 44 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| MIO MIRAYA | 1 | G+18 | 44 | - |
Unit mix on the filing: 44 residential.
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
Located at BANDRA-B, Kandeshwar Mandir road, Thane, Thane, 400050. Per the filed land record, the plot is bounded to the north by 25 Feet wide private road or passage, to the south by Another piece of land of Mahomed Abubakar Chandiwala, to the east by Land belonging to Mahomed Abubakar Chandiwala and to the west by Kadeshwari Mandir Road also known as Cemetery Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 5 km |
| Lower Parel / Worli business district | 5 km |
| Chhatrapati Shivaji Int'l Airport | 6 km |
| Andheri MIDC / SEEPZ | 10 km |
| Powai / Hiranandani business park | 12 km |
| Nariman Point / Fort | 13 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 MIO MIRAYA?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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