MahaRERA Property Intelligence · Mumbai Suburban

The Wave

P51800050188 · Bandra West · promoter Webtech Realty Llp

Certificate SignedDue 31 Jul 2026

Delivery & Registration

MahaRERA registrationP51800050188
Registered on21 Mar 2023
Promoter-declared completion31 Jul 2026
Current statusCertificate Signed
Against today0 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.

Construction Progress

MahaRERA's cost filing puts construction at ~59.8% of the estimated project cost incurred as of the last certificate (₹59.59 Cr spent against a ₹99.70 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 65 homes filed with MahaRERA, 48 are sold/booked and 17 remain available (~74% sold) — selling steadily. Buyers have committed ₹201.35 Cr in agreement value so far. Of that, ₹169.56 Cr (~84%) is already collected, ₹31.79 Cr receivable — a read on how far along these sales really are. Note: the project registers 85 homes in total, but this sold/unsold inventory filing covers only 65 of them — the other 20 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 48 registered agreements, the effective carpet rate is ₹32,918/sqft (typical range ₹30,000–₹49,949) — 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 111106549 sqft (51 sqm)₹1.48 Cr
Floor 121205716 sqft (66.52 sqm)₹1.93 Cr
Floor 131303716 sqft (66.52 sqm)₹1.93 Cr
Floor 131304548 sqft (50.91 sqm)₹1.48 Cr
Floor 131305897 sqft (83.33 sqm)₹2.41 Cr
Floor 131306923 sqft (85.75 sqm)₹2.48 Cr
Floor 1515011,062 sqft (98.66 sqm)₹2.86 Cr
Floor 1515022,318 sqft (215.35 sqm)₹6.24 Cr
Floor 1515031,264 sqft (117.43 sqm)₹3.40 Cr
Floor 1515041,845 sqft (171.4 sqm)₹4.97 Cr
Floor 1616017,365 sqft (684.23 sqm)₹19.82 Cr
Floor 1717014,742 sqft (440.54 sqm)₹12.76 Cr
Floor 22017,228 sqft (671.5 sqm)₹19.46 Cr
Floor 33016,592 sqft (612.41 sqm)₹17.74 Cr
Floor 6602763 sqft (70.88 sqm)₹2.05 Cr
Floor 6606782 sqft (72.65 sqm)₹2.10 Cr
Floor 7706782 sqft (72.65 sqm)₹2.10 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.

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+24 and 85 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
The Wave1G+2485-

Unit mix on the filing: 82 residential and 3 non-residential (shops/offices).

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 Bandra West, SV Road , Andheri, Mumbai Suburban, 400050. Per the filed land record, the plot is bounded to the north by FP No - 284, to the south by FP No - 288, to the east by 27 M Wide SV Road and to the west by FP No - 276 and FP No - 279. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)3 km
Chhatrapati Shivaji Int'l Airport4 km
Lower Parel / Worli business district7 km
Andheri MIDC / SEEPZ8 km
Powai / Hiranandani business park9 km
Nariman Point / Fort15 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.

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 Bandra West

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Bandra Boon CHS LTD
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Aryan Tower
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Brightland
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DLH Signature
possession by Dec 2026 · Flowline Developers Pvt Ltd
Hill Casa
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Major developers building in Bandra West

Other RERA-registered projects in Mumbai Suburban

THE West
possession by Dec 2026 · Liondale Skyscraper LLP
The Westpark Phase-1
possession by Jun 2032 · Westpark Developers Private Limited
THE Windsor
declared completion Dec 2021 · Gadiraju Subramanyam Raju Proprietor OF
THE Windsor - Mantri Smruti
possession by Dec 2027 · NGS Windsor Realty LLP
THE X Ghatkopar
possession by Dec 2026 · Arihant Realtors
THE Zone
possession by Dec 2026 · MS Amann RAJ Housing AND Development Cor

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