MahaRERA Property Intelligence · Thane

Cyber Square - 1

P51700035100 · LP, NERUL · promoter Greenscape It Park

Certificate SignedDue 31 Dec 2031

Delivery & Registration

MahaRERA registrationP51700035100
Registered on10 May 2022
Promoter-declared completion31 Dec 2031
Current statusCertificate Signed
Against today65 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, Greenscape It Park is the promoter of record on 20 projects, of which 3 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 ~5.1% of the estimated project cost incurred as of the last certificate (₹32.00 Cr spent against a ₹628.16 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 797 homes filed with MahaRERA, 52 are sold/booked and 745 remain available (~7% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹83.47 Cr in agreement value so far. Of that, ₹18.86 Cr (~23%) is already collected, ₹64.61 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 52 registered agreements, the effective carpet rate is ₹14,999/sqft (typical range ₹11,500–₹17,470) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+29 and 386 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Cyber Square - I2G+29386-

Unit mix on the filing: 797 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
31 Mar 202731 Dec 2031We, GREENSCAPE IT PARK LLP, the promoter of the project Cyber Square-1 (Registration No. P51700035100) under MahaRERA, hereby submit our request for an extension of time for the co

Location, Land & Connectivity

Located at LP, NERUL, Plot no 4 & 5, Thane, Thane, 400706. Per the filed land record, the plot is bounded to the north by Plot no D-101 1 D-101 2, to the south by Plot no D-105, to the east by Plot no D-115 D-114 D-113 D-112 D-111 and to the west by THANE BELAPUR 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 ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park15 km
Bandra Kurla Complex (BKC)17 km
Chhatrapati Shivaji Int'l Airport18 km
Andheri MIDC / SEEPZ19 km
Lower Parel / Worli business district21 km
Nariman Point / Fort25 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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Plan I
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Regency Palms Phase IV
possession by Dec 2026 · Regency INC

Other RERA-registered projects in Thane

Cyber Works
possession by Dec 2026 · Greenscape Ventures
D. G. Market
declared completion Mar 2023 · C9 Buildcon
D V Infra
declared completion Dec 2022 · D V Infra
D3 Zinnia
declared completion Oct 2021 · Neelkanth Mansions And Infrastructure Pv
D4 Iris
declared completion Sep 2020 · Neelkanth Mansions And Infrastructure Pv
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

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