PLATINUM CREST

Delivery & Registration

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.

• Filing progress reports — 5 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Platinumcorp Elegant Housing is the promoter of record on 7 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 ~12.4% of the estimated project cost incurred as of the last certificate (₹6.89 Cr spent against a ₹55.56 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.

Sales & Inventory

Of 88 homes filed with MahaRERA, 24 are sold/booked (14 with registered agreements + 10 booked) and 64 remain available (~27% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹42.76 Cr in agreement value so far. Of that, ₹12.33 Cr (~29%) is already collected, ₹30.42 Cr receivable — a read on how far along these sales really are. Note: the project registers 128 homes in total, but this sold/unsold inventory filing covers only 88 of them — the other 40 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 24 registered agreements, the effective carpet rate is ₹32,771/sqft (typical range ₹29,345–₹35,638) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 40 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+17 and 128 homes are registered across the project.

Unit mix on the filing: 128 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.

Legal & Litigation

The promoter has declared 7 court cases on this project to MahaRERA. 6 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

Location, Land & Connectivity

Located at D N NAGAR ANDHERI WEST, MUMBAI, D N NAGAR SAI KRUPA CHSL, BUILDING NO 27, CTS NO. 195(pt.), Andheri, Mumbai Suburban, 400053. Per the filed land record, the plot is bounded to the north by D N NAGAR BUILDING 5 KNOWN AS SHIVNERI CHSL, to the south by D N NAGAR BUILDING 28 KNON AS SAI DWARKA CHSL, to the east by CTS NO 196 and to the west by 12 20 MM WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Other RERA-registered projects in Andheri West

Major developers building in Andheri West

Other RERA-registered projects in Mumbai Suburban

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.