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Wadhwa Artek Park

P13

Clean title, a prime BKC-fringe address and a low-density, well-laid-out compound — against unsanctioned upper floors, no AFS yet, and an in-tower society mix.

INVESTIGATE as of 06/26 Co-operative-society title certificate + IOD + sanctioned floor layouts, MahaRERA PR1180002500855, the (un-executed) proforma AFS, and Rexray field intelligence (Jun 2026).
iVerdict key
Reading the Rexray verdict
Buy — clears the bar — no hard-stop, and the fundamentals hold upShortlist — strong fundamentals, with named trade-offs to accept with eyes openInvestigate — real merits, but specific open questions to resolve before you commitSkip — a hard-stop issue — pass regardless of how good the apartment isSkip · revisit — a hard-stop that could clear — recheck in ~6 months or at the OC

Sold as G+26, sanctioned to 18 — and half the building comes rehoused.

The 5 things that decide it tap to jump
FVL — Rexray's index · F Fundamentals · V Value · L Livability · each pillar is the average of its scored attributes, scored 0–10: Weak (<4) · Mixed (4–6) · Fair (6–7.5) · Strong (7.5+) · the verdict is set separately, by hard-stop rules

Pillar scores are provisional roll-ups derived from the 16 attribute scores · FVL numeric scoring pending corpus-wide

Five questions to ask before you commit
  1. Is the full G+26 (and the floor area (FSI) for floors 19-28) sanctioned yet, and what are the current Civil-Aviation (AAI) and Metro No-Objection Certificate statuses?
  2. How are the lobbies, lifts, entrances and amenities arranged between the rehab and the sale residents — is anything segregated, and who controls the society/maintenance?
  3. The marketed floor layout shows external kitchen ventilation and a low-density compound — is that the SANCTIONED/registered version the agreement will hold you to?
  4. Why do the premium flats face east, and what does each floor band actually see (Adani Ten BKC to the north, the BKC office skyline to the south)?
  5. Since there is no the agreement yet, what carpet, price, floor and possession date will it commit to — and how is the Rs.225 cr Aditya Birla mortgage released against an individual flat on completion?
Analyst's Read

The land and location are genuinely strong (clean freehold society title, BKC-adjacent), and the compound is low-density with open space. But a buyer today would still be paying luxury prices into a building that is only sanctioned to 18 of a marketed 26 floors with a plinth-level CC and no sale agreement yet, and shares half its flats with rehoused society residents. The floor-sanction/AFS contingency is the reason to investigate before committing.

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Rexray — Real Estate X-Ray · rendered from the registered-document analysis the chat and X-Ray page read.
Source tags — REG registered docs · GOV government · REXRAY field intel · SEC verified secondary · MKT marketing (documents claims, never verifies).