MahaRERA Property Intelligence · Mumbai Suburban

New Saket Co-operative Housing Society Ltd.

P51800049992 · Santacruz West · promoter Sm Magnate Construction

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51800049992
Registered on06 Mar 2023
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, Sm Magnate Construction is the promoter of record on 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹12.14 Cr spent against a ₹12.14 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 12 homes filed with MahaRERA, 4 are sold/booked and 8 remain available (~33% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹12.90 Cr in agreement value so far. Of that, ₹11.83 Cr (~92%) is already collected, ₹1.07 Cr receivable — a read on how far along these sales really are. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 12 of them — the other 12 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:

FloorUnitCarpetReckoner value
Floor 5501744 sqft (69.13 sqm)₹2.52 Cr
Floor 55021,105 sqft (102.63 sqm)₹3.74 Cr
Floor 5503770 sqft (71.5 sqm)₹2.61 Cr
Floor 55041,131 sqft (105.03 sqm)₹3.83 Cr
Floor 6601744 sqft (69.13 sqm)₹2.52 Cr
Floor 6602468 sqft (43.52 sqm)₹1.59 Cr
Floor 6603770 sqft (71.5 sqm)₹2.61 Cr
Floor 66041,131 sqft (105.03 sqm)₹3.83 Cr

⚠ The inventory filing also declares: 12 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 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
New Saket Co-operative Housing Society Ltd1-24-

Unit mix on the filing: 24 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Santacruz West, Tagore Road, Andheri, Mumbai Suburban, 400054. Per the filed land record, the plot is bounded to the north by Final Plot 3, to the south by Final Plot 6A, to the east by Tagore Road and to the west by Final Plot 6C. 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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Other RERA-registered projects in Santacruz West

Woodstock Gardens
possession by Oct 2026 · Woodstock Realties Private Limited
Artteza
possession by Nov 2026 · Sunvision Estates
M.K Heritage
Not filing quarterly progress reports · possession by Dec 2026 · Shaista Majid Khan
Cyrilyn
possession by Dec 2026 · Not Available
JAY Krupa Sadan BY Shree Hari Realty
possession by Dec 2026 · Shree Hari Realty
Orchid Vasundhara
possession by Dec 2026 · Orchid Builtcon Pvt. Ltd.

Major developers building in Santacruz West

Other RERA-registered projects in Mumbai Suburban

NEW Sangeeta Chs/ Valdariya Constructions
declared completion Dec 2019 · Pinkesh Popatlal Jain
NEW Santacruz Suchit CO Operative Housing Society LTD
declared completion Dec 2019 · Shastriji Developers LLP
NEW Shelter CO OP Housing Society LTD
declared completion Dec 2025 · Kaavish Shelter LLP
New Shiv Krupa Chsl Triveni Contour
declared completion Dec 2023 · Triveni Developers
NEW Siddharth CO-Operative Housing Society LTD
possession by Dec 2026 · Not Available
NEW Simit Apartment
declared completion Dec 2024 · Reliable Buildhights 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