Home / Browse projects / Mumbai City, Maharashtra / Ark Blue Waves
Ark Blue Waves
By Sneha Realty Private Limited
RG-MH-04159 · RERA P51900021267 · Last updated on MahaRERA portal: 16 May 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 16 months past the filed date
- Completion date moved by 11 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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Ark Blue Waves is a Residential / Group Housing project by Sneha Realty Private Limited in Mumbai City, Maharashtra, registered with MahaRERA as P51900021267 on 14 Jun 2019. Possession was promised by 30 Jun 2025 and is now 16 months past that date. The completion date has moved by 11 months from the original filing.
At a glance
Project
- NameArk Blue Waves
- TypeResidential / Group Housing
- Location
- PANDURANG NAIK MARG
- SHIVAJI PARK
- Mumbai City
- 400028
- Pincode400028
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51900021267
- ReraGenie IDRG-MH-04159
Builder
- NameSneha Realty Private Limited
- Entity typeCompany
- DirectorAlhamd Manulla Kanchwala
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on14 Jun 2019
- Promised completion30 Jun 2025
- Revised completionRevised to 30 Jun 2025 (originally 31 Jul 2024)
- Buildings1 building record
- Documents filed91 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Ark Blue Waves | NA | 19 | 19 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 16 May 2025, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
8 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 95%.
Ark Blue Waves: 81% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 95% |
Progress on shared amenities16
As on 16 May 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 90% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 95% |
| Electrical meter room, sub-station, receiving station | Yes | 95% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
| GYMNASIUM | Yes | 0% |
Parking filed39
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership2
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| RASHID R PAREKH | Mumbai City | Mumbai City |
| ARSHAD U MERCHANT | Mumbai City | Mumbai City |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | STUDIO CHANGANI |
| Engineer | MR. DINESH SALUNKHE |
| Chartered Accountant | SNH & ASSOCIATES |
| Chartered Accountant | B N KUMAWAT & ASSOCIATES |
| Partner | Role in project |
|---|---|
| Sneha Realty Private Limited | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDUE TO TRENCHING PERMISSION NOC DELAYED FOR WATERCONNECTION AND BEST ELECTRIC CONNECTION THE PROJECT WAS NOT ABLE TO GET COMPLETED IN TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENTION FOR 30-06-2024
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 7 Jun 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 May 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 13 May 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 May 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 16 May 2025
Documents filed91
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 91 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Commencement Certificates / NA Order for plotted developmentFile: further cc.pdf | 16 May 2025 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC.pdf | 16 May 2025 |
| Declaration about Commencement CertificateFile: DECLARATION OF CC.pdf | 16 May 2025 |
| Layout approvalFile: OC PLAN SIGNED_1-1.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_2-2.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_3-3.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_4-4.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_5-5.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_6-6.pdf | 13 May 2025 |
| Building plan approvalFile: OC PLAN SIGNED_7-end.pdf | 13 May 2025 |
| Copy of Layout Approval (in case of layout)File: OC PLAN SIGNED_1-1.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_2-2.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_3-3.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_4-4.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_5-5.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_6-6.pdf | 13 May 2025 |
| Building Plan Approval (IOD)File: OC PLAN SIGNED_7-end.pdf | 13 May 2025 |
| Declaration in FORM BFile: FORM B extention.pdf | 10 Dec 2024 |
| Certificates of CA (Form 3)File: FORM 3 - 31 march 22.pdf | 10 Dec 2024 |
| Certificates of CA (Form 3)File: FORM 3 - 31 march 23.pdf | 10 Dec 2024 |
| Certificates of CA (Form 3)File: FORM 3 - 31 march 24.pdf | 10 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 - 19-20.pdf | 10 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD - UNSOLD INVENTORY - 30 june 24.pdf | 10 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD - UNSOLD INVENTORY - 30 sept 24.pdf | 10 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 - 21-22.pdf | 10 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 - 22-23.pdf | 10 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM 5 - 23-24.pdf | 10 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf | 8 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2.pdf | 8 Nov 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf | 8 Nov 2024 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B- Ark blues waves.pdf | 7 Nov 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 19 Oct 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 19 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf | 19 Oct 2024 |
| Declaration about Commencement CertificateFile: DECLARATION OF CC.pdf | 19 Oct 2024 |
| CERSAI detailsFile: CERSAI LETTER.pdf | 19 Oct 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf | 19 Oct 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A.pdf | 19 Oct 2024 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure of secured unsecured finance availed for the project.pdf | 19 Oct 2024 |
| Declaration in FORM BFile: FORM B.pdf | 10 Oct 2024 |
| Declaration about Commencement CertificateFile: EW DECLARATION OF CC.pdf | 22 Jan 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 22 Jan 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 22 Jan 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 22 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD UNSOLD INVENTORY.pdf | 22 Jan 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: RERA BANK LETTER REVISED.pdf | 22 Jan 2024 |
| Declaration about Commencement CertificateFile: DECLARATION OF CC.pdf | 21 Oct 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 - Architect Certificate.pdf | 21 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 - Engineer Certificate.pdf | 21 Oct 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY -.pdf | 21 Oct 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 27 Jul 2023 |
| Declaration about Commencement CertificateFile: FORMAT D -CC Decleration.pdf | 22 May 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A - Disclosure of Interest in other Real Estate Organizat.pdf | 22 May 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf | 15 Apr 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 15 Apr 2023 |
| Deviation Report with respect to Allotment letterFile: NO DEVIATION IN ALLOTMENT LETTER.pdf | 16 Nov 2022 |
| Deviation Report with respect to model copy of AgreementFile: NO DEVIATION IN AGREEMENT.pdf | 16 Nov 2022 |
| Details of encumbrances concerned to FinanceFile: NO ENCUMBRANCE LEGAL.pdf | 15 Nov 2022 |
| Details of encumbrances concerned to LegalFile: NO ENCUMBRANCE LEGAL.pdf | 15 Nov 2022 |
| PAN CardFile: PAN CARD.pdf | 8 Nov 2022 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD - UNSOLD INVENTORY.pdf | 4 Nov 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: RERA BANK LETTER.pdf | 4 Nov 2022 |
| Declaration about Commencement CertificateFile: FORMAT D - CC DECLARATION.pdf | 1 Nov 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - ENGINEERS CERTIFICATE.pdf | 1 Nov 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A - QUALITY CERTIFICATE.pdf | 1 Nov 2022 |
| Layout approvalFile: 19TH FLOOR AMEND PLAN-compressed_1.pdf | 22 Aug 2022 |
| Copy of Layout Approval (in case of layout)File: 19TH FLOOR AMEND PLAN-compressed_1.pdf | 22 Aug 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: SNEHA ANNEXURE B (2).pdf | 22 Aug 2022 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE OF SOLD.pdf | 22 Aug 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENG JUNECOMP.pdf | 13 Aug 2022 |
| Declaration about Commencement CertificateFile: cc decl.pdf | 20 Jul 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: form 2.pdf | 20 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: sold unsold.pdf | 20 Jul 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: form 2a.pdf | 20 Jul 2022 |
| Declaration about Commencement CertificateFile: DECLARATION OF CC.pdf | 6 Apr 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM 2 - ENGINEER CERTIFICATE_compressed.pdf | 6 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A - ENGINEER CERTIFICATE.pdf | 6 Apr 2022 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD INVENTORY.pdf | 6 Apr 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC.pdf | 23 Mar 2022 |
| Declaration in FORM BFile: Form B_Final.pdf | 13 Jun 2019 |
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Builder: Sneha Realty Private Limited
Sneha Realty Private Limited has 1 registration on MahaRERA, including Ark Blue Waves. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai City district page.
Frequently asked questions
What does it mean that Ark Blue Waves shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Ark Blue Waves is delayed beyond 30 Jun 2025?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of Ark Blue Waves?
The registered promoter entity is Sneha Realty Private Limited, a company as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in Ark Blue Waves?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for Ark Blue Waves?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at Ark Blue Waves?
The professionals named in the filing: Architect: STUDIO CHANGANI; Engineer: MR. DINESH SALUNKHE; Chartered Accountant: SNH & ASSOCIATES; Chartered Accountant: B N KUMAWAT & ASSOCIATES. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Ark Blue Waves?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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