Chembur · Mumbai
Centrio
Chembur · by MJ Shah Group (Lakadawala Developers Private Limited)
Registered project name
Centrio Nx By Mj ShahUpdated Oct 2026
ChemburPhotos from the project record · tap to enlarge
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). Centrio is sold out by the developer; ask MPE for resale or rental flats in this building. 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. MahaRERA proposed possession: Oct 2026.
Ask an advisor to check current resale or rental availability.
Other wings & phases: Centrio-By Mj Shah
Unit configurations filed with MahaRERA (2)
Centrio floor plans
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 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 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, 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 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, 15 of them to buy and 17 specifically for 1 & 2 BHK homes.
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹21,722/sqft — 32% below resale here.
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 is the Line 4 Green, 2.7 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 2B YellowOpened 20261.9 km
- 🚇Line 4 GreenUnder construction · due 20272.7 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 · 1 wing
174 unitsLocation
Construction progress
per MahaRERASee all 11 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 ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Chembur
4
Flats for Rent in Chembur
4
Commercial Projects in Chembur
MahaRERA projects nearby in Chembur
Frequently Asked Questions
Where is Centrio located?
Centrio is in Chembur, Mumbai 400043.
What is the price of Centrio?
Centrio is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Centrio offer?
1 BHK – 608 sq ft carpet; 2 BHK – 775 sq ft carpet; 2 BHK – 925 sq ft carpet.
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 17 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?
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?
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.
