MahaRERA Property Intelligence · Mumbai Suburban

Rustomjee Cleon

P51800050269 · Bandra East · promoter Keystone Realtors Limited

Certificate SignedDue 25 Jun 2027

Delivery & Registration

MahaRERA registrationP51800050269
Registered on27 Mar 2023
Promoter-declared completion25 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, 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.

Sales & Inventory

Of 74 homes filed with MahaRERA, 70 are sold/booked (59 with registered agreements + 11 booked) and 4 remain available (~95% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹145.46 Cr in agreement value so far. Of that, ₹83.53 Cr (~57%) is already collected, ₹61.93 Cr receivable — a read on how far along these sales really are. Note: the project registers 110 homes in total, but this sold/unsold inventory filing covers only 74 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 ₹38,041/sqft (typical range ₹35,718–₹43,599) — 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:

FloorUnitCarpetReckoner value
Floor 24436 sqft (40.54 sqm)₹1.47 Cr
Floor 211659 sqft (61.25 sqm)₹2.61 Cr
Floor 43540 sqft (50.2 sqm)₹1.88 Cr
Floor 71659 sqft (61.25 sqm)₹2.27 Cr

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+22 and 110 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Rustomjee Cleon1G+22110-

Unit mix on the filing: 110 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 Bandra East, Gandhinagar, Andheri, Mumbai Suburban, 400051. Per the filed land record, the plot is bounded to the north by Building No 68, to the south by 15m wide road, to the east by Office Building and to the west by 20m wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)2 km
Chhatrapati Shivaji Int'l Airport4 km
Lower Parel / Worli business district7 km
Andheri MIDC / SEEPZ8 km
Powai / Hiranandani business park9 km
Nariman Point / Fort15 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.

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

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 →

Other flagged projects by Keystone Realtors Limited

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Other RERA-registered projects in Bandra East

Sajay Avenue 18
possession by Aug 2026 · Vinca Realtors Private Limited
A And O Estado
Not filing quarterly progress reports · possession by Dec 2026 · Ashapura Builders AND Developers
Antariksh Ace
possession by Dec 2026 · Pittie Antariksh Realty Private Limited
Bandra North Gulmohar Avenue
possession by Dec 2026 · Shivalik Ventures Private Limited
Gurukrupa Nirmalam
possession by Dec 2026 · Gurukrupa Realcon Infrastructure LLP
LEO Eminence
possession by Dec 2026 · LEO Infrastructure Private Limited

Major developers building in Bandra East

Other RERA-registered projects in Mumbai Suburban

Rustomjee Cliff Tower
possession by Oct 2030 · Keyheights Realtors Private Limited
Rustomjee Crescent
possession by Dec 2029 · Keyvihar Realtors Private Limited
Rustomjee Elements - Wing SC
declared completion Dec 2022 · Rustomjee Realty Private Limited
Rustomjee Elements - Wing SG
declared completion Dec 2018 · Rustomjee Realty Private Limited
Rustomjee Ocean Vista
possession by May 2029 · Keyspace Realtors Private Limited
Rustomjee Paramount - Wing C
declared completion Jun 2022 · Keystone Realtors Limited

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