Matrusmruti
MahaRERA Property Intelligence · Mumbai Suburban
P51800021913 · Goregoan East · promoter Newone Constructions Private
| MahaRERA registration | P51800021913 |
| Registered on | 08 Aug 2019 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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.
MahaRERA's cost filing puts construction at ~64.7% of the estimated project cost incurred as of the last certificate (₹102.06 Cr spent against a ₹157.63 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 287 homes filed with MahaRERA, 267 are sold/booked (250 with registered agreements + 17 booked) and 20 remain available (~93% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹364.17 Cr in agreement value so far. Of that, ₹236.75 Cr (~65%) is already collected, ₹124.95 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.
What buyers actually paid: across 259 registered agreements, the effective carpet rate is ₹22,008/sqft (typical range ₹20,256–₹25,223) — 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 12 | 1202 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 12 | 1203 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 14 | 1402 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 14 | 1403 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 15 | 1502 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 15 | 1503 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 16 | 1602 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 16 | 1603 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 29 | 2901 | 635 sqft (58.99 sqm) | ₹1.13 Cr |
| Floor 30 | 3002 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 30 | 3003 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 31 | 3103 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 34 | 3401 | 719 sqft (66.8 sqm) | ₹1.28 Cr |
| Floor 34 | 3402 | 719 sqft (66.8 sqm) | ₹1.28 Cr |
| Floor 34 | 3403 | 427 sqft (39.67 sqm) | ₹76.05 Lakh |
| Floor 34 | 3403 | 794 sqft (73.77 sqm) | ₹1.41 Cr |
| Floor 34 | 3404 | 714 sqft (66.33 sqm) | ₹1.27 Cr |
| Floor 34 | 3405 | 453 sqft (42.09 sqm) | ₹80.68 Lakh |
| Floor 5 | 502 | 710 sqft (65.96 sqm) | ₹1.26 Cr |
| Floor 5 | 504 | 710 sqft (65.96 sqm) | ₹1.26 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.
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+35 and 287 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Elegance Wing A | 1 | G+35 | 144 | - |
| Elegance Wing B | 1 | G+35 | 143 | - |
Unit mix on the filing: 287 residential.
10 complaints are on the MahaRERA record for this project, with orders passed in 7. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000500553 | 25/05/2024 | NEWONE CONSTRUCTIONS PVT LTD NEWONE CONSTRUCTIONS PVT LTD vs SWAPNIL HIRAMAN PACHNEKAR | pending / no order on file |
| CC12501388 | 26/04/2025 | Roshan Manjappa Salian vs Newone Constructions Private Limited | order passed |
| CC12501391 | 26/04/2025 | Roshan Manjappa Salian vs Newone Constructions Private Limited | order passed |
| CC12501393 | 26/04/2025 | Anand Vijay Raorane vs Newone Constructions Private Limited | order passed |
| CC12501395 | 26/04/2025 | Siddharth Sharadchandra Tiwari vs Newone Constructions Private Limited | order passed |
| CC12501396 | 26/04/2025 | Yuvraj Yogeshbhai Pandya vs Newone Constructions Private Limited | order passed |
| CC12501399 | 26/04/2025 | Shashwat Sanjay Goyal vs Newone Constructions Private Limited | order passed |
| CC12501403 | 26/04/2025 | SACHIN RAMCHANDRA SHINGARE vs Newone Constructions Private Limited | order passed |
| CC12601750 | 27/03/2026 | Anubhav Pansari vs Newone Constructions Private Limited | pending / no order on file |
| CC12602623 | 05/05/2026 | Somanath sahoo vs Newone Constructions Private Limited | pending / no order on file |
The promoter has declared 1 court case 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 | PIL Lodging No 63 /2018 | 2018 | Not Admitted No Adverse Orders Passed |
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 30 Dec 2024 | 29 Dec 2025 | The project's completion date has been delayed mainly due to non-receipt of CC for part of 34th floor of project Satellite Elegance where MOEF/ EC clearance is mandatory. The reaso |
| 30 Dec 2024 | 30 Jun 2026 | The reasons for seeking extension which were beyond the control of Newone Constructions Private Limited are briefly set out hereunder: 1. Final Commencement Certificate (CC) dela |
| 30 Dec 2024 | 31 Dec 2026 | The reasons for seeking extension which were beyond the control of Promoter are briefly set out hereunder: 1. Final Commencement Certificate (CC) delayed (34th floor (Part) for MO |
Located at Goregoan East, Pankaj Shah Marg, Opp Film City Road, Andheri, Mumbai Suburban, 400063. Per the filed land record, the plot is bounded to the north by CTS No 620 A 6, to the south by 13 mt wide Pankaj Shah Marg, to the east by CTS No 661 and to the west by CTS No 620A 6. 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 |
|---|---|
| Andheri MIDC / SEEPZ | 5 km |
| Powai / Hiranandani business park | 7 km |
| Chhatrapati Shivaji Int'l Airport | 9 km |
| Bandra Kurla Complex (BKC) | 12 km |
| Lower Parel / Worli business district | 20 km |
| Nariman Point / Fort | 28 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 Satellite Elegance?
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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Last checked against the RERA register: 27 Jul 2026