MahaRERA Property Intelligence · Mumbai Suburban

CENTRICO

P51800008480 · ORLEM MALAD WEST · promoter Crescent Amity Realtors

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51800008480
Registered on19 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Crescent Amity Realtors is the promoter of record on 15 projects, of which 1 carries 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 ~92.4% of the estimated project cost incurred as of the last certificate (₹192.30 Cr spent against a ₹208.12 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 166 homes filed with MahaRERA, 141 are sold/booked (123 with registered agreements + 18 booked) and 25 remain available (~85% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹237.70 Cr in agreement value so far. Of that, ₹192.90 Cr (~81%) is already collected, ₹44.89 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 141 registered agreements, the effective carpet rate is ₹17,201/sqft (typical range ₹13,471–₹20,860) — 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 11021,308 sqft (121.52 sqm)₹2.03 Cr
Floor 1313021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 141404752 sqft (69.86 sqm)₹1.53 Cr
Floor 1717021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 22011,308 sqft (121.52 sqm)₹2.64 Cr
Floor 22021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 2424021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 2525011,308 sqft (121.52 sqm)₹2.64 Cr
Floor 252503752 sqft (69.86 sqm)₹1.53 Cr
Floor 282803752 sqft (69.86 sqm)₹1.53 Cr
Floor 282804752 sqft (69.86 sqm)₹1.53 Cr
Floor 33021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 313103752 sqft (69.86 sqm)₹1.53 Cr
Floor 3232011,308 sqft (121.52 sqm)₹2.64 Cr
Floor 323203752 sqft (69.86 sqm)₹1.53 Cr
Floor 3434021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 363603752 sqft (69.86 sqm)₹1.53 Cr
Floor 3737011,308 sqft (121.52 sqm)₹2.64 Cr
Floor 3838011,308 sqft (121.52 sqm)₹2.64 Cr
Floor 3838021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 3939021,308 sqft (121.52 sqm)₹2.64 Cr
Floor 4040021,308 sqft (121.52 sqm)₹2.64 Cr
Ground/Floor 021,308 sqft (121.52 sqm)₹2.03 Cr
Podium603752 sqft (69.86 sqm)₹1.48 Cr
Podium604752 sqft (69.86 sqm)₹1.48 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.

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+48 and 166 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
CENTRICO SALE BUILDING1G+48166-
COMPOSITE BUILDING1G+25--

Unit mix on the filing: 166 residential.

Complaints & Orders

11 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000020943416/12/2021Crescent Amity Realtors Pvt. Ltd. vs Hemant Jayprakash Bhavsarorder passed
CC00600000019901330/11/2021Hemant Bhavsar vs Crecent Amity Pvt Ltdorder passed
CC00600000022107905/05/2022KIRTI G. SANGHVI vs M/S. CRESCENT AMITY REALTORS PVT. LTD.order passed
CC1250009109/01/2025CAROL PRIYESHKAR KUMAR vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1250158814/05/2025Clyde Rebello vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1250159014/05/2025Clyde Rebello vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1260007505/01/2026VISHAL KANAHAIYALAL RAWAL vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1260083114/02/2026Mrs Candice Waltrude Gomes vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1260083214/02/2026Mrs Candice Waltrude Gomes vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1260297120/05/2026Mark Thomas Miranda vs CRESCENT AMITY REALTORS PVT.LTDpending / no order on file
CC1260305123/05/2026CRESCENT AMITY REALTORS PVT.LTD vs Hitesh Dharamshi Savla (Allottee)pending / no order on file

Legal & Litigation

The promoter has declared 4 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
City Civil Court Dindoshi24792014Closed
Maharashtra Slum Tribunal102014Closed
City Civil Court Dindoshi31652015Ongoing
Maharashtra Slum Tribunal112019Ongoing

Deadline Extensions

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
29 Dec 202429 Dec 20241) Delay in fund release from financial institutions who have funded the project 2) Slow collections from buyers 3) Delay in work due to slow fund release of customer collections
30 Dec 202331 Dec 2025Due to delay in obtaining amended plan approvals from SRA, the project got delayed and hence we are applying for extension to Maharera. The construction work is substantially compl
30 Dec 202331 Dec 20261. Brief Summary of Major work which is completed is as follows :- (i) RCC work and major finishing work is completed as per Approved Plans. (ii) Three Lifts of the

Location, Land & Connectivity

Located at ORLEM MALAD WEST, GAUTAM BUDDHA MARG,, Borivali, Mumbai Suburban, 400064. Per the filed land record, the plot is bounded to the north by SLUM STRUCTURE CTS NO 13 AND CTS NO 3 PT, to the south by CTS NO 213 AND CTS NO 216 B AND D P ROAD, to the east by 18 30 MTR D P ROAD and to the west by CTS NO 265 AND PROPOSED 18 30 MTR D P 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 ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ8 km
Powai / Hiranandani business park11 km
Chhatrapati Shivaji Int'l Airport12 km
Bandra Kurla Complex (BKC)15 km
Lower Parel / Worli business district22 km
Nariman Point / Fort30 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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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