Mohan Prestige Kalyan West is redefining luxury living with its 60-storey tower, but its true strength lies in its RERA-backed legal protection. This blog explains how RERA safeguards your investment through carpet area accuracy, escrow security, timeline accountability, defect liability, and transparent documentation.
Mohan Prestige Kalyan West is emerging as the tallest and most ambitious tower in the region. While its luxury features attract attention, long-term security matters more. This detailed research explains how Prestige Kalyan West gains strength from strict RERA compliance, giving investors unmatched legal clarity, safety, and transparency.
Defining the Product: Carpet Area Accuracy & Legal Rights
RERA was introduced to protect homebuyers through strict definitions, standardized measurements, and clear legal rights. For a large-scale luxury tower like Mohan Prestige Kalyan West, accuracy in carpet area and transparency in exclusive-use areas are essential.
A. RERA-Standardized Carpet Area
RERA ensures every buyer knows exactly what they are paying for.
The Act mandates:
- Carpet Area = Usable internal area, excluding external walls and service shafts.
- Balconies and decks must be declared separately.
- No inflated or misleading “built-up” or “super built-up” terms are allowed.
At Prestige Kalyan West, the 4 BHK Deck Homes have a RERA Carpet Area above 3050 sq ft, giving buyers clarity on actual usable space.
If the final carpet area varies by more than 3%, the buyer receives compensation.
This protects customers from miscalculations and ensures fair pricing.
B. Clarity on Exclusive Use Rights
RERA mandates that the developer clearly disclose:
- Deck area
- Balcony area
- Flower beds
- Exclusive-use terraces
These must be listed separately in the Agreement for Sale. Buyers also get clarity on:
- Their undivided share in common areas
- Access rights to sky gardens, lobbies, and podium decks
- Maintenance share and allocation
This eliminates future disputes and ensures transparency.
Financial Security: The 70% Escrow Account Mandate
One of the biggest risks in skyscraper construction is financial mismanagement. RERA directly addresses this concern and ensures money paid by buyers is used only for Mohan Prestige Kalyan West.
A. The 70% Escrow Rule
RERA requires developers to deposit 70% of buyer collections into a dedicated bank escrow.
This protects buyers in several ways:
- Prevents misuse or diversion of funds
- Ensures steady construction progress
- Keeps the project financially stable
Funds can be withdrawn only after certifications from:
- Architect – work completed
- Civil Engineer – stage-wise physical progress
- Chartered Accountant – cost justification
This triple-layer verification creates complete accountability.
B. Transparent Pricing Structure
RERA prohibits hidden charges.
The pricing structure filed for Mohan Prestige Kalyan West is final and legally binding.
That means:
- No surprise fees
- No additional loading
- Payment only as per construction milestones
This protects buyers from inflated costs and uncertainty.
Delivery Timeline Guarantee: Penalties & Refund Rights
High-rise towers often face delays, but RERA transforms timelines into enforceable commitments.
A. Legally Registered Possession Date
The registered possession timeline for Prestige Kalyan West is:
December 2029 – Target Possession Date
This date is legally binding.
B. Compensation Under Section 18
If the developer fails to deliver:
✔ Refund Option
Buyer can withdraw and receive a full refund plus interest (PLR + 2%).
✔ Wait-and-Receive Interest Option
If the buyer continues, the developer must pay monthly interest for every delay.
This ensures construction remains disciplined and investor interests stay protected.
4. Five-Year Structural Defect Liability
Luxury buyers invest for long-term living quality. RERA ensures developers remain accountable even after possession.
A. 5-Year Warranty Coverage
For five years from possession, the developer is responsible for:
- Structural defects
- Construction quality issues
- Faulty workmanship
- Plumbing, electrical, and service issues
Any defect must be rectified within 30 days at zero cost.
This warranty is extremely valuable for a complex 60-storey project like Mohan Prestige Kalyan West.
5. MahaRERA Transparency: Digital Tracking & Documentation
The RERA registration number:
PM1330002501005
is the legal identity of Prestige Kalyan West.
Buyers can verify everything on the MahaRERA portal.
Documents you can check:
- Land ownership papers
- Approved building plans
- Environmental clearance
- Construction progress reports
- Agreement for Sale template
- Escrow fund utilization
- Quarterly certifications
This digital transparency eliminates guesswork and builds buyer trust.
6. Efficient Dispute Resolution Framework
RERA gives buyers fast, specialized legal remedy options.
A. MahaRERA Authority & Adjudicating Officer
Buyers can file complaints for:
- Delay
- Compensation
- Misrepresentation
- Structural issues
- Document discrepancies
The adjudicating officer handles financial compensation matters.
B. Appeal at the Appellate Tribunal
If needed, buyers may escalate matters further.
This tiered resolution structure ensures speed, fairness, and legal clarity.
Conclusion: Why Mohan Prestige Kalyan West Is a Safe, Secure & Future-Ready Investment
Mohan Prestige Kalyan West stands out not only for its 60-storey architectural excellence but also for its powerful legal foundation under RERA. Registration number PM1330002501005 ensures:
- Carpet area transparency
- Financial accountability
- Delivery assurance
- Structural quality guarantee
- Legal protection at every stage
Investing in a fully RERA-compliant project means investing in peace of mind.
Prestige Kalyan West successfully aligns luxury with long-term security.
Frequently Asked Questions (FAQs)
1. What is the official RERA number for Mohan Prestige Kalyan West?
The RERA number is PM1330002501005. You can verify all documents on the MahaRERA portal:
https://maharera.mahaonline.gov.in
2. How is delay compensation calculated?
Buyers receive interest at SBI MCLR + 2% until actual possession.
3. How do I check whether my money is used properly?
The developer must upload quarterly certifications (CA, Engineer, Architect) on the RERA portal.
4. Are changes allowed in the approved tower design?
Only with 2/3rd buyer consent. Without consent, major design changes are prohibited.
5. Does the 5-year defect liability include fittings?
Yes. Any workmanship or quality issue must be fixed by the developer at no cost.
Call to Action
Explore Mohan Prestige Kalyan West Today
✔ Visit: www.mohanprestige.in
✔ Contact: 7397994881
Schedule a private viewing of the luxury deck homes and review all RERA compliance documents for complete confidence.