Chembur · Mumbai
Centrio - By Mj Shah
Chembur · by MJ Shah Group (Lakadawala Developers Pvt. Ltd.)
Updated Oct 2026
ChemburPhotos from the project record · tap to enlarge
A first look at Centrio - By Mj Shah
Centrio - By Mj Shah is a residential project in Chembur, Mumbai 400043. It is registered with MahaRERA under P51800012170 (registered 2021-09-09). The project has 461 units across 3 buildings of up to 26 floors. It offers 1 & 2 BHK homes with carpet areas of 608–925 sq ft, priced ₹1.26 Cr–₹2.07 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Dec 2021.
Ask an advisor to verify the current project and inventory status.
Part of Centrio, Chembur
Other wings & phases: Centrio Nx By Mj Shah
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (3)
Centrio - By Mj Shah floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Centrio - By Mj Shah videos
About Centrio - By Mj Shah
Location
Centrio - By Mj Shah is located in Chembur, Mumbai 400043, in the Mumbai Suburban district. Across 45 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹32,100 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
The MahaRERA registration number is P51800012170, issued on 9 September 2021. The registered promoter is Lakadawala Developers Pvt. Ltd.. The filing lists 3 wings: A WING over 26 floors; WING B over 26 floors; WING C over 26 floors. Per the registration, the architect on record is Sameer Kulkarni and the project escrow account is with Axis Bank.
Homes and prices
Homes on offer are 1 BHK of 608 sq ft at ₹1.26 Cr; 2 BHK of 775–925 sq ft at ₹1.71 Cr–₹2.07 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹20,700–₹22,400 per sq ft of carpet, 31% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 82%, structure at 100%, finishing at 73%, services at 95%. Proposed possession is Dec 2021.
Developer track record
MJ Shah Group has 101 projects tracked on Mumbai Property Exchange, 83 of them delivered (ready or sold out).
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 41 requirements for Chembur with Mumbai Property Exchange, 15 of them to buy and 17 specifically for 1 & 2 BHK homes.
Chembur market
prices, rents & ratesChembur — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Chembur
Upcoming projects & infrastructure in Chembur
take an informed decision131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Centrio - By Mj Shah is the Line 4 Green, 2.8 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 2B YellowOpened 20262.0 km
- 🚇Line 4 GreenUnder construction · due 20272.8 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 3 wings
Location
Construction progress
per MahaRERASee all 14 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 775 sq ft at ₹1.71 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.28 Cr here), released stage by stage, so your own money is about ₹42.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.11 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
12+4 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
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MahaRERA projects nearby in Chembur
Frequently Asked Questions
Where is Centrio - By Mj Shah located?
Centrio - By Mj Shah is in Chembur, Mumbai 400043.
What is the price of Centrio - By Mj Shah?
1 & 2 BHK homes are priced ₹1.26 Cr–₹2.07 Cr as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Centrio - By Mj Shah offer?
1 BHK – 608 sq ft carpet at ₹1.26 Cr; 2 BHK – 775 sq ft carpet at ₹1.71 Cr; 2 BHK – 925 sq ft carpet at ₹2.07 Cr.
When is possession of Centrio - By Mj Shah?
As per MahaRERA, proposed possession is Dec 2021.
Is Centrio - By Mj Shah RERA-registered?
Yes — MahaRERA registration P51800012170, registered 2021-09-09.
How many units does Centrio - By Mj Shah have?
MahaRERA records 461 units across 17 buildings, up to 26 floors.
Who is the developer of Centrio - By Mj Shah?
MJ Shah Group (Lakadawala Developers Pvt. Ltd.) — 101 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
131 MahaRERA-registered projects in Chembur are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Centrio - By Mj Shah?
Line 2B Yellow — opened 2026, 2.0 km away; Line 4 Green — under construction · due 2027, 2.8 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
