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Registered No litigation declared Residential / Group Housing project

Metro Satyam Queens Necklace

By Metrosatyam Builders LLP

RG-MH-06949 · RERA P52000053533 · Last updated on MahaRERA portal: 29 Apr 2026

Source: official MahaRERA filing

Red flags

  • Rs 115.00 crore secured on the land, in favour of PIRAMAL ENTERPRISES LTD

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

See what the report covers Free either way: or have every new Raigarh registration emailed to you, free during the pilot beta.
Dec 2029Possession promisedno revision filed
14 of 55Construction stages doneacross 5 buildings; furthest along: Slabs of Super Structure, 81%
206 of 773Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 237 documents Report an error

Metro Satyam Queens Necklace is a Residential / Group Housing project by Metrosatyam Builders LLP in Raigarh, Maharashtra, registered with MahaRERA as P52000053533 on 10 Nov 2023. Possession is promised by 31 Dec 2029. 567 of the 773 units on this registration are recorded sold or booked, and 14 of 55 construction stages are filed complete.

At a glance

Project

  • NameMetro Satyam Queens Necklace
  • TypeResidential / Group Housing
  • Location
    • NH14
    • Rohinjan
    • Panvel
    • Raigarh
    • 410208
  • Pincode410208
  • RERA no.P52000053533
  • ReraGenie IDRG-MH-06949

Builder

  • NameMetrosatyam Builders LLP
  • Entity typePartnership
  • PartnersKaran Rajesh Gulati, Rajesh Dharamvir Gulati, Hitesh Suresh Jain, Suresh Champalal Jain

Key dates

this monthRegisteredNov 2023PromisedDec 2029

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on10 Nov 2023
  • Promised completion31 Dec 2029
  • Revised completionNone
  • Buildings5 building records
  • Documents filed237 files

Current status

73%567 of 773 units booked
43.1%Work done, per cost certificate

Figures as on 29 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower ANA26201560156
Tower BNA26201560156
Tower CNA26201560156
Tower DNA26201560156
Tower ENA23191490149

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building5

As on 29 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

14 of 55 construction stages are filed complete across 5 buildings. The stage furthest along is Slabs of Super Structure, at 81%.

Tower A44%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)52%
Plinth100%
Stilt Floor100%
Slabs of Super Structure19%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises1%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks16%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Tower B46%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)61%
Plinth100%
Stilt Floor57%
Slabs of Super Structure48%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises2%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks34%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Tower C52%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)56%
Plinth100%
Stilt Floor56%
Slabs of Super Structure81%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises23%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks54%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Tower D54%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)54%
Plinth100%
Stilt Floor54%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises30%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks56%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Tower E0%
ActivityProgress
Excavation0%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities15

As on 29 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes50%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingNoNot applicable

Parking filed1646

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots1,646
Closed/Covered1,646
BuildingClosed/CoveredTotal
Tower A411411
Tower B411411
Tower C412412
Tower D412412

Land and ownership1

MahaRERA does not publish landowner contact details. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area16,910 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared present
Charge in favour ofPIRAMAL ENTERPRISES LTD
Secured amountRs 115.00 crore
CERSAI search filedYes
Declared on4 Nov 2025
LandownerVillageDistrict
M/s Associates Enterprises LLP-Panipat

Approvals and building plan

Sanctioning authorityPanvel Municipal Corporation
Permissible FSI28671.0
Proposed, not sanctioned41,433 sq m
Buildings approved5
Buildings sanctioned5

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branchVASHI SECTOR 17, BRANCH CODE 540
Estimated costRs 297.78 cr
Cost incurredRs 128.26 cr
Work done43.07%
BuildingWingEstimatedIncurred
Tower ENARs 71.82 cr-
Tower BNARs 55.27 crRs 30.13 cr
Tower CNARs 55.27 crRs 34.77 cr
Tower ANARs 53.14 crRs 25.91 cr
Tower DNARs 53.14 crRs 37.45 cr
-NARs 9.14 cr-

Certifying professionals and partners4

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectHITEN SETHI & ASSOCIATES
EngineerSOMNATH DHANAJI KALE
Chartered AccountantP. N. SUBRAMANIAN & CO.
Chartered AccountantBhasin Hota & Co
PartnerRole in project
Metrosatyam Builders LLP-

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 31 Oct 2023
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 25 Oct 2023
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 4 May 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 4 May 2025Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2029

Documents filed237

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 237 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Withdrawal Update Form 1File: Q4 FORM 1 31032026 MSQN.pdf29 Apr 2026
Withdrawal Update Form 2File: Q4 FORM 2 31032026 MSQN.pdf29 Apr 2026
Withdrawal Update Form 3File: Q4 FORM 3 31032026 MSQN.pdf29 Apr 2026
Form 2A (FY 2025-2026)File: FORM 2A MSQN 2025 2026.pdf29 Apr 2026
Withdrawal Update Form 1File: Q3 FORM 1 31122025 MSQN.pdf15 Feb 2026
Withdrawal Update Form 2File: Q3 FORM 2 31122025 MSQN.pdf15 Feb 2026
Withdrawal Update Form 3File: Q3 FORM 3 31122025 MSQN.pdf15 Feb 2026
Withdrawal Update Form 1File: Q1 FORM 1 30092025 MSQN.pdf6 Feb 2026
Withdrawal Update Form 2File: Q2 FORM 2 30092025 MSQN.pdf6 Feb 2026
Withdrawal Update Form 3File: FORM 3 QN 30092025.pdf6 Feb 2026
Withdrawal Update Form 1File: Q1 FORM 1 30092025 MSQN.pdf27 Dec 2025
Withdrawal Update Form 2File: MSQN FORM 2 300624.pdf27 Dec 2025
Withdrawal Update Form 3File: Q1 FORM 3 30062025 MSQN.pdf27 Dec 2025
Form 5 (FY 2024-2025)File: FORM 5 MSQN FY 2024 2025.pdf27 Dec 2025
Form 1File: Q1 FORM 1 30062025 MSQN.pdf25 Oct 2025
Form 2File: Q1 FORM 2 30062025 MSQN.pdf25 Oct 2025
Form 3File: Q1 FORM 3 30062025 MSQN.pdf25 Oct 2025
Disclosure of Sold and Booked InventoryFile: Q1 DOS 30062025 MSQN.pdf25 Oct 2025
Form 2A (FY 2024-2025)File: Q4 FORM 2A 31032025.pdf12 Jun 2025
Form 1File: Q4 FORM 1 31032025 MSQN.pdf11 Jun 2025
Form 2File: Q4 FORM 2 31032025 MSQN.pdf11 Jun 2025
Form 3File: Q4 FORM 3 31032025 MSQN.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q4 DOS 31032025 MSQN.pdf11 Jun 2025
Form 1File: Q3 FORM 1 31122024 MSQN.pdf11 Jun 2025
Form 2File: Q3 FORM 2 31122024 MSQN.pdf11 Jun 2025
Form 3File: Q3 FORM 3 31122024 MSQN.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q3 DOS 31122024 MSQN.pdf11 Jun 2025
Form 1File: Q2 FORM 1 30092024 MSQN.pdf11 Jun 2025
Form 2File: Q2 FORM 2 30092024 MSQN.pdf11 Jun 2025
Form 3File: Q2 FORM 3 30092024 MSQN.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q2 DOS 30092024 MSQN.pdf11 Jun 2025
Form 1File: Q1 FORM 1 30062024 MSQN.pdf11 Jun 2025
Form 2File: Q1 FORM 2 30062024 MSQN.pdf11 Jun 2025
Form 3File: Q1 FORM 3 30062024 MSQN.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q1 DOS 30062024 MSQN.pdf11 Jun 2025
Form 1File: Q3 FORM 1 31122023 MSQN.pdf4 Jun 2025
Form 2File: Q3 FORM 2 31122023 MSQN.pdf4 Jun 2025
Form 3File: Q3 FORM 3 31122023 MSQN.pdf4 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q3 DOS 31122023 MSQN.pdf4 Jun 2025
Form 1File: Q4 FORM 1 31032024 MSQN.pdf4 Jun 2025
Form 2File: Q4 FORM 2 31032024 MSQN.pdf4 Jun 2025
Form 3File: Q4 FORM 3 31032024 MSQN.pdf4 Jun 2025
Disclosure of Sold and Booked InventoryFile: Q4 DOS 31032024 MSQN.pdf4 Jun 2025
Form 5 (FY 2023-2024)File: FORM 5 MSBLLP 29102024.pdf4 Jun 2025
Building plan approvalFile: PLAN 1.pdf4 May 2025
Building plan approvalFile: PLAN 2.pdf4 May 2025
Building plan approvalFile: PLAN 3.pdf4 May 2025
Building plan approvalFile: PLAN 4.pdf4 May 2025
Building plan approvalFile: PLAN 5.pdf4 May 2025
Building plan approvalFile: PLAN 6.pdf4 May 2025
Building plan approvalFile: PLAN 7.pdf4 May 2025
Building plan approvalFile: PLAN 8.pdf4 May 2025
Building plan approvalFile: PLAN 9.pdf4 May 2025
Building plan approvalFile: PLAN 10.pdf4 May 2025
Building plan approvalFile: PLAN 11.pdf4 May 2025
Building plan approvalFile: PLAN 12.pdf4 May 2025
Building plan approvalFile: PLAN 13.pdf4 May 2025
Building plan approvalFile: PLAN 14.pdf4 May 2025
Commencement Certificates / NA Order for plotted developmentFile: MSQN CC 29042025.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 1.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 2.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 3.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 4.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 5.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 6.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 7.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 8.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 9.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 10.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 11.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 12.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 13.pdf4 May 2025
Building Plan Approval / NA Order for plotted developmentFile: PLAN 14.pdf4 May 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4 FORM 1 31032025 QUEENS NECKLACE.pdf19 Apr 2025
Disclosure of sold/ booked inventoryFile: Q4 DISCLOSURE 31032025 QUEENS NECKLACE.pdf19 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 MSQN DEC2024.pdf28 Feb 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 MSQN DEC2024.pdf28 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 31122023 QN.pdf25 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 31032024 QN.pdf25 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 30062024 QN.pdf25 Feb 2025

How this compares with Raigarh

73%of this project is bookeddistrict median 29%
20%of Raigarh projects moved their completion datethis one has not
26%of Raigarh registrations have lapsed or been cancelledthis one is on the register

Computed across the 5,900+ Raigarh projects on ReraGenie, from their own filings.

Free monthly report: Navi Mumbai and Raigad on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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Builder: Metrosatyam Builders LLP

Metrosatyam Builders LLP has 1 registration on MahaRERA, including Metro Satyam Queens Necklace. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if Metro Satyam Queens Necklace is delayed beyond 31 Dec 2029?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of Metro Satyam Queens Necklace?

The registered promoter entity is Metrosatyam Builders LLP, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in Metro Satyam Queens Necklace?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for Metro Satyam Queens Necklace?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at Metro Satyam Queens Necklace?

The professionals named in the filing: Architect: HITEN SETHI & ASSOCIATES; Engineer: SOMNATH DHANAJI KALE; Chartered Accountant: P. N. SUBRAMANIAN & CO.; Chartered Accountant: Bhasin Hota & Co. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Metro Satyam Queens Necklace?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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