Banka Sapphire

Delivery and registration

When is the project declared for completion?

Banka Sapphire is registered with MahaRERA as P52100080598 and the promoter has declared completion for 31 Dec 2030.

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Banka Sapphire record 3 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

• Filing progress reports — 3 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Banka Constructions is the promoter of record on 12 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Banka Sapphire, ₹4.41 Cr of a declared ₹36.33 Cr estimated project cost is reported as incurred, about 12.1%, as at the last certified filing with MahaRERA.

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Banka Sapphire, 4 of 77 homes filed with MahaRERA are recorded as sold or booked, about 5%, and 73 remain available.

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹2.43 Lakh (about 2%) is recorded as collected and ₹1.41 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 8 homes carry one, and 69 of the 77 are recorded unsold. Since we started watching this ledger, 4 homes have moved out of the unsold list, most recently on 11 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Banka Sapphire, 20 of the 69 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 68 homes — ₹2,999 →

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+8 and 77 homes are registered across the project.

Unit mix on the filing: 69 residential and 8 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Village -Pisoli, Jagdamba Bhavan Road, Andheri, Mumbai Suburban, 411060. Per the filed land record, the plot is bounded to the north by By Survey No 19-5 and 19-6 Part, to the south by Sy Survey No 19-7, to the east by By Village Undri Pisoli Boundary and to the west by By Survey No 15. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

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.