Mumbai/Project record

MahaRERA · the public record

M Square IT Park

Wagle Industrial Estate · Paper Flutings

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13units filed as unsoldInventory · 18 September 2026
31 Mar 2026declared completionMahaRERA registration · read 12 Jul 2026
43registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Mar 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700025102

Delivery and registration

When is the project declared for completion?

M Square IT Park is registered with MahaRERA as P51700025102 and the promoter has declared completion for 31 Mar 2026.

31 Mar 2026

declared completion

6months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700025102
Registered on18 Mar 2020
Promoter-declared completion31 Mar 2026
Current statusCertificate Signed
Against todayabout 6 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for M Square IT Park record 21 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 21 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In M Square IT Park, ₹44.00 Cr of a declared ₹50.00 Cr estimated project cost is reported as incurred, about 88.0%, as at the last certified filing with MahaRERA.

88.0%

₹44.00 Cr

of ₹50.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In M Square IT Park, 30 of 43 homes filed with MahaRERA are recorded as sold or booked (26 with registered agreements and 4 booked), about 70%, and 13 remain available.

70%sold

30 of 43 homes

₹63.48 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹57.36 Cr (about 90%) is recorded as collected and ₹6.12 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 30 registered agreements, the effective carpet rate is ₹12,103/sqft, with eight in ten falling between ₹9,657 and ₹13,999 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1OFFICE NO.1011,587 sqft (147.44 sqm)₹2.78 Cr
Floor 1OFFICE NO.102 to 1069,140 sqft (849.14 sqm)₹16.03 Cr
Floor 10OFFICE NO.10014,921 sqft (457.19 sqm)₹9.06 Cr
Floor 10OFFICE NO.10024,921 sqft (457.19 sqm)₹9.06 Cr
Floor 6OFFICE NO.6041,289 sqft (119.77 sqm)₹2.37 Cr
Floor 7OFFICE NO.7014,836 sqft (449.27 sqm)₹8.90 Cr
Floor 7OFFICE NO.7024,395 sqft (408.35 sqm)₹8.09 Cr
Floor 8OFFICE NO.8014,103 sqft (381.21 sqm)₹7.56 Cr
Floor 8OFFICE NO.8024,103 sqft (381.21 sqm)₹7.56 Cr
Floor 9OFFICE NO.9014,103 sqft (381.21 sqm)₹7.56 Cr
Floor 9OFFICE NO.9024,103 sqft (381.21 sqm)₹7.56 Cr
Ground/Floor 0SHOP NO. G-21,053 sqft (97.83 sqm)₹2.08 Cr
Ground/Floor 0SHOP NO. G-3 to 65,253 sqft (488 sqm)₹10.40 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 18 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 30 homes carry one, and 13 of the 43 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
OFFICE NO.6041,289 sqftRs 1.5579 cr typical, over Rs 1.2439 cr to Rs 1.6764 cr9 filed on this stack, floors 2–6

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In M Square IT Park, 1 of the 13 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 12 homes — ₹2,999 →

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+10 and 43 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
M Square IT Park1G+1043-

Unit mix on the filing: 43 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered31 Mar 2025We are attaching herewith a detailed note stating reasons for delay and necessary extension for the project.
31 Mar 202531 Mar 2026DUE TO CHANGE IN APPROVALS AND OTHER REASON MORE PARTICULARLY MENTIONED IN ATTACHED COVERING LETTER.

Location, Land & Connectivity

Located at Wagle Industrial Estate, Road No. 33, Thane, Thane, 400604. Per the filed land record, the plot is bounded to the north by LIC Office, to the south by Royal Ceramics Building, to the east by ESIC Road and to the west by Butterfly Themes. These are the boundaries as recorded in the filed land record.

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
Andheri MIDC / SEEPZ12 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)18 km
Lower Parel / Worli business district26 km
Nariman Point / Fort34 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.

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Other RERA-registered projects in Wagle Estate

One Wagle
possession by Oct 2026 · Sagar Nirman Spaces
Bhairaav Milestone Phase II
possession by Dec 2026 · Sharpmind Consultancy Services Private L
Aura Business Center
possession by Dec 2026 · AUM Developers
Centura Square
possession by Dec 2026 · Supper Squarefeet Infraventures LLP
O22 Business Park
possession by Dec 2026 · Midas Touch
White Rose
possession by Dec 2026 · M/s Eeshan Enterprises

Other RERA-registered projects in Thane

MAA Bhavani Krupa
possession by Dec 2027 · Vijay Tukaram Patil
MAA Bhawani Empire
possession by Sep 2026 · MAA Bhawani Construction
Maatr Infinity
possession by Mar 2027 · Maatr Infra
Maatr Signature
declared completion Dec 2021 · Maatr Developers
Madan Heights
possession by Dec 2027 · Adiyogi Housing LLP
Madar Signature
possession by Dec 2027 · Madar Builders & 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: 20 Sep 2026