Home / Browse projects / Mumbai Suburban, Maharashtra / Artic Building
Artic Building
By Cordcon Builders Private Limited
RG-MH-71849 · RERA P51800003756 · Last updated on MahaRERA portal: 28 May 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 7 months past the filed date
- Completion date moved by 36 months
- 3 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
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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Artic Building is a Others project by Cordcon Builders Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800003756 on 6 Aug 2017. Possession was promised by 30 Mar 2026 and is now 7 months past that date. The completion date has moved by 36 months from the original filing.
At a glance
Project
- NameArtic Building
- TypeOthers
- Location
- Andheri
- Mumbai Suburban
- 400058
- Pincode400058
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800003756
- ReraGenie IDRG-MH-71849
Builder
- NameCordcon Builders Private Limited
- Entity typeCompany
- Managing DirectorTajdin Maredia
- ChairpersonSadruddin Maredia
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on6 Aug 2017
- Promised completion30 Mar 2026
- Revised completionRevised to 30 Mar 2026 (originally 30 Mar 2023)
- Buildings1 building record
- Documents filed82 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Arctic Building | NA | 15 | 0 | 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 28 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.
3 of 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 95%.
Arctic Building: 75% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 90% |
| Plinth | 100% |
| Stilt Floor | 95% |
| Slabs of Super Structure | 75% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 75% |
| Sanitary Fittings within the flats / premises | 50% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 60% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 50% |
| 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. | 25% |
Progress on shared amenities15
As on 28 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed84
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 ownership1
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 |
|---|---|---|
| Fortune Investments | Andheri | Mumbai Suburban |
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Ellora Project Consultants Private Limited |
| Partner | Role in project |
|---|---|
| Cordcon Builders Private Limited | - |
Extensions applied for3
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 Covid there was shortage of Labour as most of the labourers went home town,hence work got delayed.Also there was delay in getting Further CC due to delay in getting NOC from Civil Aviation Authority.We humbly request you to kindly consider our request and grant us a suitable extension and oblige.
Reason as filed by the promoterDue to Covid there was shortage of Labour as most of the Labourers went home town hence work got delayed also there was delay in getting further CC due to delay in getting NOC from Civil Aviation Authority.
Reason as filed by the promoterProject is Completed but flats are not sold
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 31 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 Nov 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 31 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 23 Nov 2020Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed82
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 82 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 |
|---|---|
| Other - TechnicalFile: Parking details.pdf | 28 May 2025 |
| Other - TechnicalFile: RERA CONSENT LETTER FOR FLAT OWNERS1_compressed.pdf | 28 May 2025 |
| Other - TechnicalFile: New Letter for Extension.pdf | 22 May 2025 |
| Other - TechnicalFile: RERA_CPM_Schedule.pdf | 22 May 2025 |
| Other - TechnicalFile: RERA CONSENT LETTER.pdf | 22 May 2025 |
| Declaration in FORM BFile: Form B Latest.pdf | 5 May 2025 |
| Disclosure of sold/ booked inventoryFile: INVENTORY.pdf | 5 May 2025 |
| Other - TechnicalFile: RERA LETTER.pdf | 5 May 2025 |
| Other - TechnicalFile: RERA CONSENT LETTER.pdf | 5 May 2025 |
| Declaration in FORM BFile: Form B.pdf | 22 Apr 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect Certificate.pdf | 22 Apr 2025 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate.pdf | 22 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineering Certificate_Final.pdf | 22 Apr 2025 |
| Other - TechnicalFile: Supporting Documents_1.pdf | 22 Apr 2025 |
| Other - TechnicalFile: Supporting Documents_2.pdf | 22 Apr 2025 |
| Other - TechnicalFile: Supporting Documents_3.pdf | 22 Apr 2025 |
| Other - TechnicalFile: consent for arctic.pdf | 22 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: RERA_form_5_2024-25.pdf | 22 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A _Final.pdf | 22 Apr 2025 |
| Declaration in FORM BFile: Form B.pdf | 16 Apr 2025 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate.pdf | 16 Apr 2025 |
| Other - TechnicalFile: consent for arctic final1.pdf | 16 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Engineering Certificate.pdf | 16 Apr 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Engineering Certificate.pdf | 16 Apr 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: RERA_form_5_2024-25.pdf | 16 Apr 2025 |
| Other - TechnicalFile: consent for arctic final.pdf | 3 May 2024 |
| Declaration in FORM BFile: consent for arctic final.pdf | 2 May 2024 |
| Other - TechnicalFile: consent for arctic final.pdf | 2 May 2024 |
| Declaration in FORM BFile: RERA AFFIDAVIT (1).pdf | 1 May 2024 |
| Declaration in FORM BFile: Form B.pdf | 8 Apr 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate.pdf | 8 Apr 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A certificate.pdf | 8 Apr 2024 |
| Certificates of CA (Form 3)File: Form 3.pdf | 8 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5.pdf | 8 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5.pdf | 8 Apr 2024 |
| Certificates of CA (Form 3)File: Form 3_Signed_compressed.pdf | 2 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5_Signed.pdf | 2 Apr 2024 |
| Declaration about Commencement CertificateFile: Form D.pdf | 7 Jun 2023 |
| Declaration in FORM BFile: Form B.pdf | 7 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect.pdf | 7 Jun 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate.pdf | 7 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Rera Certificate for Quality assurance.pdf | 7 Jun 2023 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate_compressed.pdf | 7 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: RERA_form_5_format 2018-19.pdf | 7 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: RERA_form_5_format 2019-20.pdf | 7 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: RERA_form_5_format 2020-21.pdf | 7 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: RERA_form_5_format 2021-22.pdf | 7 Jun 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold latest.pdf | 5 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: RERA_form_5_format 2018-19.pdf | 5 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: RERA_form_5_format 2019-20.pdf | 5 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: RERA_form_5_format 2020-21.pdf | 5 Jun 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: RERA_form_5_format 2021-22.pdf | 5 Jun 2023 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1.pdf | 22 May 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2.pdf | 22 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A.pdf | 22 May 2023 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 22 May 2023 |
| Layout approvalFile: Plan.pdf | 23 Nov 2020 |
| Copy of Layout Approval (in case of layout)File: Plan.pdf | 23 Nov 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: Artic CC 13th Floor.pdf | 23 Nov 2020 |
| Proforma of Allotment letterFile: Agreement for Sale.pdf | 11 Sep 2020 |
| Certificates of CA (Form 5)File: Fortune Realty - Sultanabad Sadan.pdf | 17 Dec 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Artic Arch 30_09_2017_opt.pdf | 15 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Artic Arch 31_03_2018_opt.pdf | 15 Jun 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Artic Arch 31_12_2017_opt.pdf | 15 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Arctic Engineering Certificate - March 31, 2018.pdf | 11 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Artic (Engg Ceritificate) - Janaury 2018.pdf | 17 Jan 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Cordcon - Engineer_opt_opt.pdf | 6 Nov 2017 |
| Layout approvalFile: MYSCAN_20170730_0008_compressed August, 2017.pdf | 22 Aug 2017 |
| Copy of Layout Approval (in case of layout)File: MYSCAN_20170730_0008_compressed August, 2017.pdf | 22 Aug 2017 |
| Layout approvalFile: LAYOUT1.pdf | 31 Jul 2017 |
| Building plan approvalFile: arctic iod.pdf | 31 Jul 2017 |
| PAN CardFile: pan card of cbpl.pdf | 31 Jul 2017 |
| Copy of the legal title reportFile: ARCTIC TITLE.pdf | 31 Jul 2017 |
| Details of encumbrancesFile: encum.pdf | 31 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: LAYOUT1.pdf | 31 Jul 2017 |
| Building Plan Approval (IOD)File: arctic iod.pdf | 31 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: arctic cc.pdf | 31 Jul 2017 |
| Declaration in FORM BFile: Cordcorn Affidavit Form B.pdf | 31 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect's Certificate.pdf | 31 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Artic Engi Certi.pdf | 31 Jul 2017 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Sagar City | Carribean Building Sagar City S V Road Andheri West Mumbai 400 058 | 96 | Completed | Mar 2014 | Mar 2014 |
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Buyer report
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- 4 conditions on this project's record read and explained, with the clear checks alongside
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- All 82 filed documents as one ZIP, foldered, with a manifest
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Builder: Cordcon Builders Private Limited
Cordcon Builders Private Limited has 1 registration on MahaRERA, including Artic Building. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What does it mean that Artic Building 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 Artic Building is delayed beyond 30 Mar 2026?
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 Artic Building?
The registered promoter entity is Cordcon Builders 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 Artic Building?
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 Artic Building?
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 Artic Building?
The professionals named in the filing: Architect: Ellora Project Consultants Private Limited. 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 Artic Building?
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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