MahaRERA Property Intelligence · Thane

Grace Square D1 and D2

P51700055059 · MUMBRA · promoter Skyline Infra

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP51700055059
Registered on26 Feb 2024
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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, Skyline Infra is the promoter of record on 109 projects, of which 8 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 ~47.0% of the estimated project cost incurred as of the last certificate (₹9.67 Cr spent against a ₹20.55 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 83 homes filed with MahaRERA, 83 are sold/booked (37 with registered agreements + 46 booked) and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹32.80 Cr in agreement value so far. Of that, ₹31.91 Cr (~97%) is already collected, ₹88.55 Lakh 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 83 registered agreements, the effective carpet rate is ₹7,014/sqft (typical range ₹6,767–₹7,014) — 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+20 and 83 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 4 WING D11G+16-
BUILDING NO 4 WING D21G+2077-

Unit mix on the filing: 83 residential.

Complaints

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

Location, Land & Connectivity

Located at MUMBRA, KAUSA, Thane, Thane, 400612. Per the filed land record, the plot is bounded to the north by RECREATION GARDEN 2, to the south by RECREATION GARDEN 1, to the east by BUILDING NO 8 and to the west by BUILDING NO D3. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park14 km
Andheri MIDC / SEEPZ17 km
Chhatrapati Shivaji Int'l Airport19 km
Bandra Kurla Complex (BKC)20 km
Lower Parel / Worli business district28 km
Nariman Point / Fort35 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

Skyline Infra 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 RERA-registered projects in Mumbra

Celosia Avenue
possession by Sep 2026 · Pratima Construction
Quality Annex
possession by Sep 2026 · Quality Annex
YES Central Galleria
possession by Oct 2026 · Noble Enterprises
YES Central Galleria 1
possession by Oct 2026 · YES Enterprises
Sagar Enclave
possession by Dec 2026 · Kanchan Builders & Developers
Grace Square Type D3
possession by Dec 2026 · Shree Sumatinath Enterprises LLP

Major developers building in Mumbra

Other RERA-registered projects in Thane

Grace Square Type D3
possession by Dec 2026 · Shree Sumatinath Enterprises LLP
Grace Square Type D4
declared completion Dec 2024 · Shree Sumatinath Enterprises LLP
Grace Square Type D5
declared completion Dec 2022 · Shree Sumatinath Enterprises LLP
Grand Arena
declared completion Nov 2019 · S H Constructions
Grand Unity Residences
possession by May 2028 · Yash Enterprises
Grand Vista
declared completion Dec 2024 · Sultan Shirajuddin Yasin

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