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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800035010

Chembur · Mumbai

Centrio

Chembur · by MJ Shah Group (Lakadawala Developers Private Limited)

Updated Sep 2026

174
Units
2026
Possession
1
Buildings
Certificate Signed
Status

A first look at Centrio

Centrio is a residential project by MJ Shah Group in Chembur, Mumbai 400043. It is registered with MahaRERA under P51800035010 (registered 2022-04-28). The project has 174 units across 1 building of up to 74 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). The quoted rate is about ₹21,700 per sq ft. MahaRERA proposed possession: Oct 2026.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Other wings & phases: Centrio-By Mj Shah

Availability & Pricing

TypeCarpetPriceAvail
1 BHK608 ft²₹1.26 Cr—
2 BHK775 ft²₹1.71 Cr—
2 BHK925 ft²₹2.07 Cr—

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 WhatsApp

Centrio floor plans

2
Centrio, Chembur — floor plan 1Centrio, Chembur — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

Centrio videos

About Centrio

Location

Centrio is located in Chembur, Mumbai 400043, in the Mumbai Suburban district. Across 40 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.

MahaRERA record

The MahaRERA registration number is P51800035010, issued on 28 April 2022. The registered promoter is Lakadawala Developers Private Limited. The filing lists 1 wing: CENTRIO NX BY MJ SHAH with 174 units over 74 floors. Per the registration, the architect on record is Raj Kumar Gupta and the project escrow account is with Axis Bank.

Homes and prices

Configurations recorded 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, 45% 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 73%, structure at 96%, finishing at 73%, services at 48%. Proposed possession is Oct 2026.

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, 16 of them to buy and 18 specifically for 1 & 2 BHK homes.

Price vs Locality

₹21,722
/sqft · Chembur rate-band mid-point ₹45,000
52% below mid-point

Upcoming projects & infrastructure in Chembur

take an informed decision

67 MahaRERA projects are due to hand over in Chembur between 2027 and 2031; the nearest upcoming infrastructure to Centrio is the Line 4 Green, 2.7 km away (under construction · due 2027).

67
MahaRERA projects handing over in the next 5 years
in Chembur
₹35,000/sqft▲
typical asking price
rising this quarter
₹13,400/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Chembur by possession year
14
2027
16
2028
15
2029
17
2030
5
2031
Metro & infrastructure near Centrio
  • 🚇Line 2B YellowOpened 20261.9 km
  • 🚇Line 4 GreenUnder construction · due 20272.7 km
📜 1,012 registered transactions (IGR) on record in Chembur, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Chembur report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Chembur — resale, rent & yield

Resale
₹40,000/sqft
median · 40 listings
Rent
₹92.9/sqft/mo
2 BHK ~₹80,000/mo
Gross yield
2.8%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK407–417 ft²₹88 L–₹91 L
2 BHK491–632 ft²₹1.07 Cr–₹1.37 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Oct 2026
Project status
New
MahaRERA No.
P51800035010
Data last updated
Sep 2026
Registered
2022-04-28
Escrow Bank
AXIS BANK
Architect
Raj Kumar Gupta
Total FSI
44,437

Buildings · 1 wing

174 units
CENTRIO NX BY MJ SHAH · 74 fl · 174 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation73%
Structure96%
Finishing73%
Services48%
See all 11 stages ▾
Excavation100%
Slabs of Super Structure96%
Basement (if any)90%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…90%
Plinth90%
Stilt Floor86%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …75%
External plumbing and external plaster, elevation, completion of terr…70%
Sanitary Fittings within the flats / premises60%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…20%
Podiums (if any)0%

Amenities

12
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+4 more ▾
Storm Water DrainsTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Chembur market context

Property Rates in Chembur

Residential · Sale
₹35,000–55,000/sqft
Commercial · Sale
₹40,000–55,000/sqft
2 BHK · Rent
₹70,000–125,000/mo

Resale Flats for Sale in Chembur

4

Flats for Rent in Chembur

4

Commercial for Sale in Chembur

1

Commercial Projects in Chembur

MahaRERA projects nearby in Chembur

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Centrio located?

Centrio is in Chembur, Mumbai 400043.

What is the price of Centrio?

1 & 2 BHK homes are priced ₹1.26 Cr–₹2.07 Cr as on 09 Jul 2026, about ₹21,700 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Centrio 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?

As per MahaRERA, proposed possession is Oct 2026.

Is Centrio RERA-registered?

Yes — MahaRERA registration P51800035010, registered 2022-04-28.

How many units does Centrio have?

MahaRERA records 174 units across 18 buildings, up to 74 floors.

Who is the developer of Centrio?

MJ Shah Group (Lakadawala Developers Private Limited) — 101 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Chembur?

67 MahaRERA-registered projects in Chembur are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Centrio?

Line 2B Yellow — opened 2026, 1.9 km away; Line 4 Green — under construction · due 2027, 2.7 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.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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