MahaRERA Property Intelligence · Thane

CENTONIC

P51700046286 · Vashi · promoter Metro Lifescapes India

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51700046286
Registered on20 Jun 2022
Promoter-declared completion30 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, Metro Lifescapes India is the promoter of record on 16 projects, of which none currently 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.

Construction Progress

MahaRERA's cost filing puts construction at ~100.0% of the estimated project cost incurred as of the last certificate (₹91.15 Cr spent against a ₹91.15 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.

Sales & Inventory

Of 104 homes filed with MahaRERA, 100 are sold/booked (98 with registered agreements + 2 booked) and 4 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹165.04 Cr in agreement value so far. Of that, ₹161.17 Cr (~98%) is already collected, ₹3.88 Cr receivable — a read on how far along these sales really are. Note: the project registers 228 homes in total, but this sold/unsold inventory filing covers only 104 of them — the other 124 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 100 registered agreements, the effective carpet rate is ₹16,734/sqft (typical range ₹14,413–₹19,938) — 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 131306819 sqft (76.06 sqm)-
Floor 1414041,095 sqft (101.69 sqm)-
Floor 141405568 sqft (52.76 sqm)-
Floor 181806819 sqft (76.06 sqm)-

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+28 and 228 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
CENTONIC1G+28228-

Unit mix on the filing: 228 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 3 court cases 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.

CourtCase no.YearStatus
Civil Court Senior Division Thane2072019Disposed
Civil Court Senior Division Thane232021Disposed
Mumbai Drt I262017Disposed

Location, Land & Connectivity

Located at Vashi, Sector 19 D, Thane, Thane, 400703. Per the filed land record, the plot is bounded to the north by 11 Meters Wide Road, to the south by Plot No 19, to the east by 11 Meters Wide Road and to the west by 12 Meters 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 ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park11 km
Bandra Kurla Complex (BKC)15 km
Chhatrapati Shivaji Int'l Airport15 km
Andheri MIDC / SEEPZ15 km
Lower Parel / Worli business district21 km
Nariman Point / Fort26 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

Metro Lifescapes India LLP is the promoter on 2 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).

Other flagged projects by Metro Lifescapes India LLP

Metro Lifescapes India LLP
FlaggedThane

Other RERA-registered projects in Vashi

Goodwill Bizhub
possession by Sep 2026 · M/s. Goodwill Dwellings LLP
Aurous
possession by Dec 2026 · Asaya Builders AND Developers LLP
Cyber Works
possession by Dec 2026 · Greenscape Ventures
Akshar Panchratna
possession by Jun 2027 · Akshar Dream Homes
Aykon
possession by Dec 2027 · Metro Lifescapes India LLP
Godrej Bayview
possession by Dec 2027 · Suncity Infrastructures LLP

Major developers building in Vashi

Other RERA-registered projects in Thane

Central Empire
declared completion Jun 2026 · AL Abraaj Builders AND Developers
Central Heights
declared completion Apr 2025 · KDC Enterprises
Central Meadows
possession by Dec 2027 · Honour Realty
Central Park
possession by Dec 2027 · Harmain Enterprises
Central Plaza
possession by Dec 2029 · AL Abraaj Enterprises
Central Vista
possession by Dec 2030 · THE Capitalist Realty

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