Keystone Realtors Limited
MahaRERA Property Intelligence · Mumbai Suburban
P51800079955 · Chembur · promoter Keystone Realtors Limited
| MahaRERA registration | P51800079955 |
| Registered on | 07 Apr 2025 |
| Promoter-declared completion | 15 Apr 2030 |
| Current status | Certificate Signed |
| Against today | 45 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, Keystone Realtors Limited is the promoter of record on 55 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 ~10.4% of the estimated project cost incurred as of the last certificate (₹13.48 Cr spent against a ₹129.40 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 33 homes filed with MahaRERA, 1 are sold/booked and 32 remain available (~3% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹2.81 Cr in agreement value so far. Of that, ₹86.19 Lakh (~31%) is already collected, ₹1.95 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.
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 1 | 102 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 10 | 1001 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 10 | 1002 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 11 | 1101 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 11 | 1102 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 12 | 1201 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 12 | 1202 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 14 | 1401 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 14 | 1402 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 15 | 1501 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 15 | 1502 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 16 | 1601 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 16 | 1602 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 17 | 1701 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 17 | 1702 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 18 | 1801 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 18 | 1802 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 2 | 201 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 3 | 301 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 3 | 302 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 4 | 401 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 4 | 402 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 5 | 501 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 5 | 502 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 6 | 601 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 6 | 602 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 7 | 701 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 7 | 702 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 8 | 801 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 8 | 802 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
| Floor 9 | 901 | 1,286 sqft (119.5 sqm) | ₹1.77 Cr |
| Floor 9 | 902 | 1,281 sqft (119 sqm) | ₹1.77 Cr |
⚠ The inventory filing also declares: 3 mortgaged to a lender (101, 1301, 1302). 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+21 and 36 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Rustomjee Balmoral - Wing D, As per IOA Plan - Sale Wing 4 | 1 | G+21 | 36 | - |
Unit mix on the filing: 36 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| SM12500189 | 26/11/2025 | Bhakti Achrekar vs KEYSTONE REALTORS LIMITED | order passed |
The promoter has declared 2 court cases on this project to MahaRERA. 1 is 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Honble City Civil Court Mumbai | 87 | 2023 | Closed |
| Deputy Registrar Cooperative Societies | dated 28th August 2023 | 2023 | Pending |
Located at Chembur, Mahul Road, Andheri, Mumbai Suburban, 400071. Per the filed land record, the plot is bounded to the north by RG LOS, to the south by CTS No 1720 Safal Residency, to the east by Sale 1 and to the west by Member 1. 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 |
|---|---|
| Bandra Kurla Complex (BKC) | 3 km |
| Chhatrapati Shivaji Int'l Airport | 5 km |
| Powai / Hiranandani business park | 8 km |
| Lower Parel / Worli business district | 9 km |
| Andheri MIDC / SEEPZ | 9 km |
| Nariman Point / Fort | 16 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 Rustomjee Balmoral - Wing D?
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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Keystone Realtors Limited is the promoter on 19 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 Keystone Realtors 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