Kings Tower
MahaRERA Property Intelligence · Mumbai City
P51900008636 · Two Tank · promoter Best Enterprises
| MahaRERA registration | P51900008636 |
| Registered on | 19 Aug 2017 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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.
Across MahaRERA, Best Enterprises is the promoter of record on 4 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
MahaRERA's cost filing puts construction at ~87.4% of the estimated project cost incurred as of the last certificate (₹15.49 Cr spent against a ₹17.72 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 55 homes filed with MahaRERA, 45 are sold/booked (25 with registered agreements + 20 booked) and 10 remain available (~82% sold) — selling steadily. Buyers have committed ₹10.72 Cr in agreement value so far. Of that, ₹9.62 Cr (~90%) is already collected, ₹1.11 Cr receivable — a read on how far along these sales really are. Note: the project registers 111 homes in total, but this sold/unsold inventory filing covers only 55 of them — the other 56 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 45 registered agreements, the effective carpet rate is ₹10,056/sqft (typical range ₹9,599–₹14,900) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 11 | 1101 | 114 sqft (10.6 sqm) | ₹11.47 Lakh |
| Floor 11 | 1103 | 334 sqft (31.07 sqm) | ₹33.63 Lakh |
| Floor 13 | 1302 | 200 sqft (18.62 sqm) | ₹20.15 Lakh |
| Floor 14 | 1402 | 200 sqft (18.62 sqm) | ₹20.15 Lakh |
| Floor 16 | 1602 | 200 sqft (18.62 sqm) | ₹20.15 Lakh |
| Floor 22 | 2202 | 200 sqft (18.62 sqm) | ₹21.07 Lakh |
| Floor 4 | 403 | 334 sqft (31.07 sqm) | ₹32.10 Lakh |
| Floor 5 | 502 | 200 sqft (18.62 sqm) | ₹19.24 Lakh |
| Floor 8 | 802 | 200 sqft (18.62 sqm) | ₹19.24 Lakh |
| Floor 8 | 803 | 334 sqft (31.07 sqm) | ₹32.10 Lakh |
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+22 and 111 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Elegant Residency | 1 | G+22 | 111 | - |
Unit mix on the filing: 108 residential and 3 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 |
|---|---|---|
| 30 Dec 2023 | 31 Dec 2027 | a) A major hindrance faced in the early stages of the project was the non-cooperation of some of the existing tenants occupying the premises. Multiple rounds of communication and n |
Located at Two Tank, 3rd kamatipura lane, Mumbai City, Mumbai City, 400008. Per the filed land record, the plot is bounded to the north by SWEEPERS PASSAGE, to the south by KAMATHIPURA 3RD LANE, to the east by C S NO 804 BYCULLA DIVISION and to the west by C S NO 800 801 BYCULLA DIVISION. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 3 km |
| Nariman Point / Fort | 5 km |
| Bandra Kurla Complex (BKC) | 12 km |
| Chhatrapati Shivaji Int'l Airport | 14 km |
| Powai / Hiranandani business park | 19 km |
| Andheri MIDC / SEEPZ | 19 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 Elegant Residency?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
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.
Free · Watch this project
We'll email you when this project's RERA record changes.
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