MahaRERA Property Intelligence · Thane

METRO HIVE D-1

P51700020335 · OVALE · promoter Vihang Infrastructure Pvt

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP51700020335
Registered on05 Apr 2019
Promoter-declared completion30 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, Vihang Infrastructure Pvt is the promoter of record on 16 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 ~0.0% of the estimated project cost incurred as of the last certificate (₹0 spent against a ₹53.10 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. With only ~5 months to the declared date and ~0.0% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 180 homes filed with MahaRERA, 173 are sold/booked (163 with registered agreements + 10 booked) and 7 remain available (~96% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹84.95 Cr in agreement value so far. Of that, ₹61.81 Cr (~73%) is already collected, ₹20.37 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 173 registered agreements, the effective carpet rate is ₹11,971/sqft (typical range ₹7,999–₹12,393) — 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 131305548 sqft (50.89 sqm)₹35.71 Lakh
Floor 161602356 sqft (33.11 sqm)₹29.87 Lakh
Floor 212104548 sqft (50.89 sqm)₹37.34 Lakh
Floor 212105548 sqft (50.89 sqm)₹37.34 Lakh
Floor 4405548 sqft (50.89 sqm)₹41.73 Lakh
Floor 6602356 sqft (33.11 sqm)₹28.51 Lakh
Floor 7702356 sqft (33.11 sqm)₹28.51 Lakh

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+22 and 180 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
METRO HIVE D-11G+22180-

Unit mix on the filing: 171 residential and 9 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.

Legal & Litigation

The promoter has declared 9 court cases on this project to MahaRERA. 1 is 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.

CourtCase no.YearStatus
Thane Civil Court11192012For Written Statement
Thane Civil Court6982010Exhibit Hearing
Thane Civil Court6992010Suit Withdrawn
Thane Civil Court3422008Exhibit Hearing
Thane Civil Court882015Exhibit Hearing
Thane Civil Court21412012Exhibit Hearing
Restoration Application Of Revision Before Revenue Minister Of State Of Maharashtrarestoration application of revision against Order 2713P-K121-J42013Pending For Argument
Revision Before Revenue Minister Against The Order Of Rts Revision Applicationrevision filing date 11/03/20162016Close For Order
Thane Civil Court21412012Closed

Location, Land & Connectivity

Located at OVALE, G.B. CROSS ROAD, Thane, Thane, 400615. Per the filed land record, the plot is bounded to the north by N 19 16 07, to the south by N 19 16 07, to the east by 1N 19 16 04 and to the west by 1N 19 16 071. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Vihang Infrastructure PVT LTD is the promoter on 6 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 Vihang Infrastructure PVT LTD

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Other RERA-registered projects in Owale

ACE Aristo
possession by Oct 2026 · Gaurav Land Corporation
Puranik Home Town - E
possession by Dec 2026 · Puranik Builders Limited
Vihang Plaza - A Commecial
possession by Dec 2026 · Vihang Enterprises
Vihang Woods
possession by Dec 2026 · Vihang Enterprises
Ace Enclave
possession by Dec 2026 · Ace Signature Homes LLP
Cascade Avenue Bellagio
possession by Dec 2026 · Aarsh Construction

Major developers building in Owale

Other RERA-registered projects in Thane

Metro Imperial
declared completion Jun 2021 · Metro Balaji Developers
Metro Imperial
possession by Dec 2028 · Pragati Combines
Metro Luxuria
possession by Dec 2027 · Nivara Engineers
Metro Majestic
declared completion Nov 2024 · Nakshatra Builders
Metro Pride
possession by Dec 2027 · Gauri Vinayak Builder And Developers Pvt
Metro Regalia
possession by Dec 2027 · Shree Ashtavinayak Enterprises

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