MahaRERA Property Intelligence · Mumbai Suburban

I STAY TOWER K (STUDIO)

P51800048681 · ANDHERI EAST · promoter I-Stay Housing Private

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51800048681
Registered on12 Jan 2023
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 months to the declared date

Regulatory Standing

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.

Builder Track Record

Across MahaRERA, I-Stay Housing Private is the promoter of record on 10 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.

Construction Progress

MahaRERA's cost filing puts construction at ~15.9% of the estimated project cost incurred as of the last certificate (₹6.39 Cr spent against a ₹40.28 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. With only ~11 months to the declared date and ~15.9% of the cost incurred, ask the promoter how the balance gets built in the time left.

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.

Sales & Inventory

Of 378 homes filed with MahaRERA, 181 are sold/booked (142 with registered agreements + 39 booked) and 197 remain available (~48% sold) — selling steadily. Buyers have committed ₹79.88 Cr in agreement value so far. Of that, ₹35.89 Cr (~45%) is already collected, ₹43.98 Cr 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.

What buyers actually paid: across 181 registered agreements, the effective carpet rate is ₹23,434/sqft (typical range ₹22,508–₹24,320) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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.

Buildings & Wings

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+24 and 378 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
I STAY TOWER K1G+24378-

Unit mix on the filing: 378 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at ANDHERI EAST, SHIVAJI NAGAR, Andheri, Mumbai Suburban, 400059. Per the filed land record, the plot is bounded to the north by DP ROAD, to the south by SAIFEE FOUNDATION PLOT, to the east by SEVEN HILL HOSPITAL and to the west by MAROL PIPE LINE. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Builder track record

I-Stay Housing Private Limited is the promoter on 7 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by I-Stay Housing Private Limited

I-Stay Housing Private Limited
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I-Stay Housing Private Limited
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I-Stay Housing Private Limited
FlaggedMumbai Suburban
I-Stay Housing Private Limited
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I-Stay Housing Private Limited
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Other RERA-registered projects in Andheri East

Royal Green
possession by Dec 2026 · Admire Revive Builder & Developer
VKG Estates
possession by Dec 2026 · Greenery Rock LLP
59 Avenue
possession by Dec 2026 · M/s Ganesh Vishal Infra Engineering Priv
Gateway Residences
possession by Dec 2026 · Infinity Narayani Associates
LA Grace
possession by Dec 2026 · Ecohomes Ventures
Park Royale Phase III
possession by Dec 2026 · Shivranjani Properties LLP

Major developers building in Andheri East

Other RERA-registered projects in Mumbai Suburban

I Wing Samarth Enclave Andheri Chhaya CHS
possession by Jun 2029 · Samarth Erectors AND Developers
I21, Mahavir Nagar CHS
possession by Dec 2028 · Sanskruti Nirman Vrushi LLP
Ibis
declared completion Dec 2018 · BAU Developers Private Limited
Ibis At L And T Realty Elixir Reserve
possession by Dec 2026 · Larsen & Toubro Ltd.
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possession by Dec 2027 · Raghu Leela Realtors Private Limited
Icon Belle VUE
declared completion Aug 2023 · Icon Developers

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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