Central Tower - Tower 2

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Glider Buildcon Realtors is the promoter of record on 7 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 ~71.4% of the estimated project cost incurred as of the last certificate (₹454.27 Cr spent against a ₹636.61 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. The declared completion date has already passed while the cost-incurred filing sits at ~71.4% — a wide gap between the promise and the money actually spent on site.

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 183 homes filed with MahaRERA, 148 are sold/booked (143 with registered agreements + 5 booked) and 35 remain available (~81% sold) — selling steadily. Buyers have committed ₹1339.07 Cr in agreement value so far. Of that, ₹1073.68 Cr (~80%) is already collected, ₹265.39 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 148 registered agreements, the effective carpet rate is ₹52,866/sqft (typical range ₹42,205–₹63,110) — 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:

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+61 and 183 homes are registered across the project.

Unit mix on the filing: 183 residential.

Complaints & Orders

10 complaints are on the MahaRERA record for this project, with orders passed in 9. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Legal & Litigation

The promoter has declared 51 court cases on this project to MahaRERA. 3 are still pending. 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.

Location, Land & Connectivity

Located at Saatraasta, GB Satkal marg and Kamlakant singh marg Dhobighat Saatrasta Mumbai , Mumbai City, Mumbai City, 400011. Per the filed land record, the plot is bounded to the north by N 18 982714 E 72 826749, to the south by N 18 982373 E 72 826564, to the east by N 18 982376 E 72 827105 and to the west by N 18 982499 E 72 826463. 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.

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.

Builder track record

Glider Buildcon Realtors Private Ltd is the promoter on 3 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 Glider Buildcon Realtors Private Ltd

Other RERA-registered projects in Byculla

Major developers building in Byculla

Other RERA-registered projects in Mumbai City

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.