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Promesa Fremont

P57

Plinth-stage free-sale tower on MHADA land, walled in and years from delivery · RERA P51900055088 (Promesa Fremont / Sale Wing-A)

Promesa Fremont plot outlined on the Rexray View MapYour plot on the 2032 skyline · tap for context
Overall Score4.7/10as of 09/26

A marketed 'G+60' Lalbaug tower that the record reads as a plinth-stage free-sale minority building on unowned MHADA land, ringed by taller towers and years from delivery.

Flags
  1. A plinth on a 2030 date: above-plinth work is barred until the final MHADA NOC and payments, and the sale OC waits on ~460 rehab homes.
The 5 things that decide it tap to jump
FVL — Rexray's index · F Fundamentals · V Value · L Livability · each pillar is the average of its scored attributes, scored 0–10: Weak (<4) · Mixed (4–6) · Fair (6–7.5) · Strong (7.5+) · the verdict is set separately, by hard-stop rules · Scoring Methodology →
The plot & what surrounds it — at 2032
Rexray View Map: Promesa Fremont and its surrounding development modelled at 2032
Promesa Fremont — plot boundaryResidentialCommercialFuture confirmed development (layout speculative)Existing Building
Rexray View Map — every surrounding mass is modelled from sanctioned or filed data at possession-horizon build-out. The red boundary marks the Promesa Fremont plot; the coloured blocks around it are the neighbouring residential, commercial, and rehabilitation development at build-out. This is the density the Livability score is measuring.

Pillar scores are provisional roll-ups derived from the 16 attribute scores · FVL numeric scoring pending across all properties

Five questions to ask before you commit
  1. Is any above-plinth Commencement Certificate in hand yet, or is this still a plinth? Ask for the final MHADA No-Objection Certificate and the payment proof a higher Commencement Certificate needs.
  2. How many physical habitable floors does the tower actually have, and which floor is this flat really on? The marketing counts podium levels into the number.
  3. Which two 2023 Bombay High Court matters are these (31022/2023, 19114/2023), and are they settled?
  4. Which way does this flat face and on what floor? Only the eastern, low-rise side has an open aspect — every premium direction faces a taller tower.
  5. What is the status of the rehab obligation — the ~460 rehab homes and the transit rent — since the free-sale OC cannot issue until it is done?
Analyst's Read

Investigate. The apartment is genuinely fine - carpet-only with no unownable common area, external-air kitchens, adequate lifts, drive-to-bay parking, priced in line with the mill-land market - and the land is a top-grade MHADA leasehold (fresh 90 years, token renewal, clean charge), not the drag it first looks. The one real deal-breaker is delivery: only a plinth CC exists, the free-sale OC is gated on ~460 rehab homes being delivered, the builder is unproven, and the good lease is not yet vested (conveyance waits on the whole cluster). Wait for above-plinth sanction and OC visibility before committing.

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