DEM Phoenix
MahaRERA Property Intelligence · Mumbai Suburban
P51800034810 · Malad East · promoter Sgf Enterprises
| MahaRERA registration | P51800034810 |
| Registered on | 28 Apr 2022 |
| Promoter-declared completion | 31 Dec 2029 |
| Current status | Certificate Signed |
| Against today | 41 months to the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
MahaRERA's cost filing puts construction at ~37.8% of the estimated project cost incurred as of the last certificate (₹47.38 Cr spent against a ₹125.26 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 240 homes filed with MahaRERA, 1 are sold/booked and 239 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹1.00 Cr in agreement value so far. Of that, ₹20.00 Lakh (~20%) is already collected, ₹80.00 Lakh receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
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+51 and 240 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Elegance Heights | 1 | G+51 | 240 | - |
Unit mix on the filing: 224 residential and 16 non-residential (shops/offices).
2 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000396689 | 14/07/2023 | SAHIL SIKANDER SHAIKH vs M/S. S.G.F. ENTERPRISES | pending / no order on file |
| CC006000000408657 | 28/12/2023 | KUNAL JAGDISH SODHI vs SGF Enterprises | order passed |
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 31 Oct 2026 | 31 Dec 2029 | The project execution has been delayed due to the non-receipt of the mandatory No Objection Certificate (NOC) from the Ministry of Environment, Forest and Climate Change (MoEF&CC). |
Located at Malad East, Shivaji Nagar, Kurar Village, Malad East Mumbai, Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by CTS No 291 Part, to the south by CTS NO 291 Part, to the east by Malad Village Boundary and to the west by Malad Village Boundary. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 7 km |
| Powai / Hiranandani business park | 11 km |
| Chhatrapati Shivaji Int'l Airport | 11 km |
| Bandra Kurla Complex (BKC) | 14 km |
| Lower Parel / Worli business district | 21 km |
| Nariman Point / Fort | 29 km |
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.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in Elegance Heights?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026