Prestige Projects Private Limited
MahaRERA Property Intelligence · Mumbai City
P51900053993 · Charni Road · promoter Prestige
| MahaRERA registration | P51900053993 |
| Registered on | 18 Dec 2023 |
| Promoter-declared completion | 30 Jun 2030 |
| Current status | Certificate Signed |
| Against today | 47 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, Prestige is the promoter of record on 26 projects, of which 1 carries 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 ~17.8% of the estimated project cost incurred as of the last certificate (₹97.26 Cr spent against a ₹547.14 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 76 homes filed with MahaRERA, 70 are sold/booked (37 with registered agreements + 33 booked) and 6 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹1481.25 Cr in agreement value so far. Of that, ₹442.15 Cr (~30%) is already collected, ₹1036.53 Cr receivable — a read on how far along these sales really are. Note: the project registers 112 homes in total, but this sold/unsold inventory filing covers only 76 of them — the other 36 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 70 registered agreements, the effective carpet rate is ₹84,809/sqft (typical range ₹71,128–₹100,409) — 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 24 | 2402 | 2,408 sqft (223.74 sqm) | ₹19.88 Cr |
| Floor 35 | 3501 | 2,482 sqft (230.62 sqm) | ₹20.47 Cr |
| Floor 35 | 3502 | 2,482 sqft (230.62 sqm) | ₹20.47 Cr |
| Floor 43 | 4301 | 3,281 sqft (304.86 sqm) | ₹26.19 Cr |
| Floor 49 | 4902 | 2,503 sqft (232.57 sqm) | ₹20.64 Cr |
| Floor 51 | 5101 | 3,527 sqft (327.64 sqm) | ₹29.49 Cr |
⚠ The inventory filing also declares: 36 reserved. 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+58 and 112 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Prestige Ocean Towers - North - Wing 1 /Tower 1 | 1 | G+58 | 112 | 31 Dec 2030 |
Unit mix on the filing: 112 residential.
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 declared 5 court cases on this project to MahaRERA. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay High Court | 94 | 2015 | Ongoing |
| Bombay High Court | 1603 | 2018 | Closed |
| Bombay High Court | 6002 | 2019 | Ongoing |
| Small Causes Court | 1020 | 2007 | Ongoing |
| Mreat | OA-3 | 2024 | Ongoing |
Located at Charni Road, Junction of Maharshi Karve Rd and Dr. Babasaheb Jaykar Marg and SK Patil Udyan, Andheri, Mumbai Suburban, 400002. Per the filed land record, the plot is bounded to the north by Dr Babasaheb Jaykar Rd and CS 2188, to the south by Junction of Maharshi Karve Rd and SK Patil Gr Rd, to the east by CS 2145 46 47 2189 90 91 92 and SK Patil Gr Rd and to the west by Maharshi Karve Road and balance portion CS 2193. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Nariman Point / Fort | 3 km |
| Lower Parel / Worli business district | 5 km |
| Bandra Kurla Complex (BKC) | 14 km |
| Chhatrapati Shivaji Int'l Airport | 16 km |
| Powai / Hiranandani business park | 21 km |
| Andheri MIDC / SEEPZ | 21 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 Prestige Ocean Towers - North?
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.
Prestige Projects Private Limited is the promoter on 2 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).
See every Prestige Projects Private Limited project & its RERA track record →
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