Modirealty Vatvriksh
MahaRERA Property Intelligence · Mumbai Suburban
P51800033187 · PAHADI GOREGAON WEST · promoter Prince Housing And
| MahaRERA registration | P51800033187 |
| Registered on | 09 Feb 2022 |
| Promoter-declared completion | 31 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 8 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, Prince Housing And is the promoter of record on 34 projects, of which 4 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 ~75.8% of the estimated project cost incurred as of the last certificate (₹63.37 Cr spent against a ₹83.56 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 36 homes filed with MahaRERA, 32 are sold/booked (29 with registered agreements + 3 booked) and 4 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹32.89 Cr in agreement value so far. Of that, ₹22.37 Cr (~68%) is already collected, ₹15.21 Cr receivable — a read on how far along these sales really are. Note: the project registers 137 homes in total, but this sold/unsold inventory filing covers only 36 of them — the other 101 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 31 registered agreements, the effective carpet rate is ₹21,702/sqft (typical range ₹15,183–₹23,641) — 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 10 | 1002 | 631 sqft (58.62 sqm) | ₹1.09 Cr |
| Floor 3 | 1003 | 648 sqft (60.2 sqm) | ₹1.12 Cr |
| Floor 5 | 502 | 631 sqft (58.62 sqm) | ₹1.09 Cr |
| Floor 5 | 503 | 631 sqft (58.62 sqm) | ₹1.09 Cr |
⚠ The inventory filing also declares: 20 mortgaged to a lender and 35 reserved (SHOP - 2, SHOP - 3, 101, 102, 103, 104, 105, 201, 202, 203, 204, 205). Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+20 and 137 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| KRISHNA KUNJ PHASE 1 WING A | 1 | G+19 | 75 | - |
| KRISHNA KUNJ PHASE 1 WING B | 1 | G+20 | 61 | - |
| WING C | 1 | G+1 | 1 | - |
Unit mix on the filing: 131 residential and 6 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 2 times. 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 Jan 2025 | 30 Jan 2026 | Due to shortage of material and labor not able to complete please grant us extension till 30/01/2026 |
| 31 Jan 2025 | 31 Mar 2027 | We hereby request an extension for our project "KRISHNA KUNJ PHASE 1", situated at C.T.S. No. 461 (Plot No. 331), C.T.S. No. 463/1-4 (Plot No. 330), and C.T.S. No. 464/1-6 (Plot No |
Located at PAHADI GOREGAON WEST, JAWAHAR NAGAR ROAD NO 12 & 18, Borivali, Mumbai Suburban, 400062. Per the filed land record, the plot is bounded to the north by 13 40 MTD WIDE JAWAHAR NAGAR ROAD NO 12, to the south by CTS NO 461, to the east by 7 50 MTS WIDE JAWAHAR NAGAR ROAD NO 18 and to the west by CTS NO 462. 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.
🔒 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 KRISHNA KUNJ PHASE 1?
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