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Ventures ALTA MONTE
RG-MH-24889 · RERA P51800007794 · Last updated on MahaRERA portal: 3 Oct 2023
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 5 months past the filed date
- Completion date moved by 89 months
- 2 extensions 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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Ventures ALTA MONTE is a Residential / Group Housing project by VENTURES KUBER REALITY LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800007794 on 18 Aug 2017. Possession was promised by 1 May 2026 and is now 5 months past that date. The completion date has moved by 89 months from the original filing.
At a glance
Project
- NameVentures ALTA MONTE
- TypeResidential / Group Housing
- Location
- Andheri
- Mumbai Suburban
- 400057
- Pincode400057
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800007794
- ReraGenie IDRG-MH-24889
Builder
- NameVENTURES KUBER REALITY LLP
- Entity typeOthers
- Named personsSANDEEP KRISHNAKUMAR DESAI, JAYESH SHANTILAL SHAH, SURENDRA HANUMANMAL CHHAJER
- Declared earlier projects1 →
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on18 Aug 2017
- Promised completion1 May 2026
- Revised completionRevised to 1 May 2026 (originally 25 Dec 2018)
- Buildings1 building record
- Documents filed28 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Ventures ALTA MONTE | NA | 10 | 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 3 Oct 2023, 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 50%.
Ventures ALTA MONTE: 48% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 50% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 10% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 31% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 12% |
| 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. | 20% |
Progress on shared amenities15
As on 3 Oct 2023, 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 | 10% |
| 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 | 20% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed7
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Harshad Maanohaar More |
| Engineer | Raajesh Ladhad |
| Partner | Role in project |
|---|---|
| VENTURES KUBER REALITY LLP | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterIn accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various reasons and more particularly on account of the pandemic of Covid-19. We have consent of 75% allottees for purpose of extension of RERA registration period of the said project.
Reason as filed by the promoterOur project is 85% complete. Due to market slow down and financial constraint we were unable deliver in time. So please grant us one time extension.
Litigation declared1
| Case | Court | Status |
|---|---|---|
| S C SUIT NO 1196 OF 2016/2016 | CITY CIVIL DINDOSHI | APPEAL IN HIGH COURT |
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 28 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 28 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Jul 2017Confirm 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 filed28
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 - Venture Alta Monte as on 2022-23.pdf | 3 Oct 2023 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 1.pdf | 1 Jun 2023 |
| Certificates of CA (Form 3)File: Form 3 MAr 23 Signed.pdf | 29 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: 17-18.pdf | 29 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: 18-19.pdf | 29 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 19-20.pdf | 29 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 20-21.pdf | 29 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 21-22.pdf | 29 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A 19-20.pdf | 18 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A 20-21.pdf | 18 May 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A 21-22.pdf | 18 May 2023 |
| Declaration in FORM BFile: Ventures Alta Monte Form B.pdf | 16 May 2023 |
| Declaration about Commencement CertificateFile: Format D.pdf | 8 May 2023 |
| Disclosure of sold/ booked inventoryFile: Circular 29.pdf | 8 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Request Letter.pdf | 21 Feb 2023 |
| Building plan approvalFile: VILE PARLE IOD AND PLAN.pdf | 28 Jul 2017 |
| Layout approvalFile: Amended letter_BMC.pdf | 28 Jul 2017 |
| PAN CardFile: PAN-VKRLLP.pdf | 28 Jul 2017 |
| Copy of the legal title reportFile: TITLE REPORT.pdf | 28 Jul 2017 |
| Details of encumbrancesFile: Details of Encumbrances.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Amended letter_BMC.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: VILE PARLE IOD AND PLAN.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Ventures CC.PDF | 28 Jul 2017 |
| Declaration in FORM BFile: Form ''B'' vile parle.pdf | 28 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 Architect's Certificate_Registration Withdrawal of Amount_JSG.pdf | 28 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form-2 Engineer's Certificate_Registration Withdrawal of Amount_JSG.pdf | 28 Jul 2017 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Allotment Letter and Agreement for sale.pdf | 28 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 |
|---|---|---|---|---|---|
| DEW DROPS PH V | Plot No.138 Titoli Village Old Agra Road Mumbai Nashik Highway Igatpuri Nashik | 16 | Completed | Mar 2014 | Late, Nov 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 28 filed documents as one ZIP, foldered, with a manifest
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Builder: VENTURES KUBER REALITY LLP
VENTURES KUBER REALITY LLP has 1 registration on MahaRERA, including Ventures ALTA MONTE. Its filings disclose 1 earlier MahaRERA project: declares 0 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 Ventures ALTA MONTE 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 Ventures ALTA MONTE is delayed beyond 1 May 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 Ventures ALTA MONTE?
The registered promoter entity is VENTURES KUBER REALITY LLP, an others 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 Ventures ALTA MONTE?
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 Ventures ALTA MONTE?
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 Ventures ALTA MONTE?
The professionals named in the filing: Architect: Harshad Maanohaar More; Engineer: Raajesh Ladhad. 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 Ventures ALTA MONTE?
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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