Home / Browse projects / Thane, Maharashtra / Metropolis Bayside
Metropolis Bayside
By ANANT SQUARE
RG-MH-53969 · RERA P51700046653 · Last updated on MahaRERA portal: 26 Jul 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 5 months past the filed date
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
2 conditions are 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.
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Metropolis Bayside is a Others project by ANANT SQUARE in Thane, Maharashtra, registered with MahaRERA as P51700046653 on 26 Aug 2022. Possession was promised by 31 May 2026 and is now 5 months past that date. 235 of the 244 units on this registration are recorded sold or booked, and 16 of 22 construction stages are filed complete.
At a glance
Project
- NameMetropolis Bayside
- TypeOthers
- Location
- Ghodbunder Road
- Kasarvadavli
- Thane (M Corp.)
- Thane
- 400615
- Pincode400615
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700046653
- ReraGenie IDRG-MH-53969
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on26 Aug 2022
- Promised completion31 May 2026
- Revised completionNone
- Buildings2 building records
- Documents filed69 files
Current status
Figures as on 26 Jul 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| 1 | NA | 22 | 21 | 243 | 0 | 243 |
| 2 | NA | 1 | 0 | 0 | 1 | 1 |
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 building2
As on 26 Jul 2025, 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.
16 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Installation of Lifts, at 75%.
180%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 75% |
277%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 50% |
Progress on shared amenities15
As on 26 Jul 2025, 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 50% |
| Water Supply | Yes | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 50% |
| Landscaping & Tree Planting | Yes | 50% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 50% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 50% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 50% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed186
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.
Land and ownership1
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| Shivbhakti Corporation | Thane (M Corp.) | Thane |
Approvals and building plan
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| 1 | NA | Rs 42.00 cr | Rs 34.00 cr |
| - | NA | Rs 4.00 cr | Rs 1.00 cr |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Scapes |
| Engineer | GN Systech Consulting Engineers Pvt Ltd |
| Chartered Accountant | Neha Amit and Associates |
| Partner | Role in project |
|---|---|
| ANANT SQUARE | - |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 9 Aug 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Jul 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 16 Apr 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Apr 2023Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed69
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. 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.
| Document | Uploaded |
|---|---|
| Form 1File: Bayside_Architect_Certificate_Form_1_Dec'2024.pdf | 26 Jul 2025 |
| Form 2File: Bayside_Form-2_Engineers Certificate_Dec'2024.pdf | 26 Jul 2025 |
| Form 3File: Bayside_CA_Certificate_Form_3_ Dec'2024.pdf | 26 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Bayside_Dec'2024.pdf | 26 Jul 2025 |
| Form 1File: Bayside_Architect_Certificate_Form_1_Sept'2024.pdf | 26 Jul 2025 |
| Form 2File: Bayside_Form-2_Engineers Certificate_Sept'2024.pdf | 26 Jul 2025 |
| Form 3File: Bayside_CA_Certificate_Form_3_ Sept'2024.pdf | 26 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Bayside_Sept'2024.pdf | 26 Jul 2025 |
| Form 1File: Bayside_Architect_Certificate_Form_1_June'2024.pdf | 26 Jul 2025 |
| Form 2File: Bayside_Form-2_Engineers Certificate_June'2024.pdf | 26 Jul 2025 |
| Form 3File: Bayside_CA_Certificate_Form_3_ June'2024.pdf | 26 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Bayside_June'2024.pdf | 26 Jul 2025 |
| Form 1File: Bayside_Architect_Certificate_Form_1_March'2025.pdf | 23 Jul 2025 |
| Form 2File: Bayside_Form-2_Engineers Certificate_March'2025.pdf | 23 Jul 2025 |
| Form 3File: Bayside_CA_Certificate_Form_3_ March'2025.pdf | 23 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure Bayside_March'2025.pdf | 23 Jul 2025 |
| Withdrawal Update Form 1File: Form-1_ 01-07-2025.pdf | 22 Jul 2025 |
| Withdrawal Update Form 1File: Form-1_ 01-07-2025.pdf | 22 Jul 2025 |
| Withdrawal Update Form 2File: Form-2_ 03-07-2025.pdf | 22 Jul 2025 |
| Withdrawal Update Form 2File: Form-2_ 03-07-2025.pdf | 22 Jul 2025 |
| Withdrawal Update Form 3File: Form-3_ 30-06-2025.pdf | 22 Jul 2025 |
| Withdrawal Update Form 3File: Form-3_ 30-06-2025.pdf | 22 Jul 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Bayside - Quality Assurance 2023.pdf | 14 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Bayside - Quality Assurance 2024.pdf | 14 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Bayside Form 5_FY23-24.pdf | 23 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Metropolis Bayside - Annual Report SOA.pdf | 18 Oct 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate Oct - dec 2022.pdf | 22 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Jan to Mar 2023.pdf | 22 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Oct to Dec 2022_compressed.pdf | 22 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Jan to Mar 2023_compressed.pdf | 22 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Jan to Mar 2023_compressed.pdf | 22 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Oct to Dec 2022_compressed.pdf | 22 Apr 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate Jan to Mar 2023_compressed.pdf | 22 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Discloser_Sold_Unsold_Oct_Dec_2022.pdf | 17 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Discloser_Sold_Unsold_Jan_March_2023.pdf | 17 Apr 2023 |
| Building plan approvalFile: Plan_Bayside_colour_1_compressed-compressed.pdf | 16 Apr 2023 |
| Building plan approvalFile: Plan_Bayside_colour_2_compressed-compressed_compressed.pdf | 16 Apr 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_Bayside_colour_1_compressed-compressed.pdf | 16 Apr 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_Bayside_colour_2_compressed-compressed_compressed.pdf | 16 Apr 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Scanned CC.pdf | 16 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Bank Account.pdf | 16 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Bank Account.pdf | 16 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Bank Account.pdf | 16 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Bank Account_Final.pdf | 16 Apr 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration About Bank Account_Final.pdf | 16 Apr 2023 |
| CERSAI detailsFile: CERSAI_Search_Report_200244758648_For_Asset_Based_Search_16_08_2022_18_12_16_970.pdf | 16 Aug 2022 |
| Copy of the legal title reportFile: 21 LEGAL TITLE REPORT_11zon.pdf | 9 Aug 2022 |
| Declaration in FORM BFile: Affidavit_cum-Declaration_Anant Square_compressed.pdf | 9 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE ANANT SQUARE_compressed.pdf | 9 Aug 2022 |
| Proforma of Allotment letterFile: RERA Allotment Letter.pdf | 9 Aug 2022 |
| Proforma of Allotment letterFile: Rera Agreement BAYSIDE.pdf | 9 Aug 2022 |
| Deviation Report with respect to Allotment letterFile: Allotment Deviation.pdf | 9 Aug 2022 |
| Deviation Report with respect to model copy of AgreementFile: Agreement For Sale Deviation_compressed.pdf | 9 Aug 2022 |
| Details of encumbrances concerned to FinanceFile: No Encumb To Finance.pdf | 31 Jul 2022 |
| Details of encumbrances concerned to LegalFile: No Encumb to Title.pdf | 31 Jul 2022 |
| Declaration about Commencement CertificateFile: Declaration Of CC ( Format - D ).pdf | 31 Jul 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1_11_ under1mb.pdf | 31 Jul 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form_2_RCC_Engineer_under 1mb.pdf | 31 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold_unsold Inventory _ under_1mb.pdf | 31 Jul 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about Separate Bank Account.pdf | 31 Jul 2022 |
| Layout approvalFile: Plan_Bayside_colour_1_compressed (1).pdf | 24 Jul 2022 |
| Building plan approvalFile: Plan_Bayside_colour_1_compressed (1).pdf | 24 Jul 2022 |
| Building plan approvalFile: Plan_Bayside_colour_2.pdf | 24 Jul 2022 |
| PAN CardFile: ANANT SQUARE pan card.pdf | 24 Jul 2022 |
| Copy of the legal title reportFile: 15 TITLE REPORT as per Rera - 7620_compressed.pdf | 24 Jul 2022 |
| Copy of Layout Approval (in case of layout)File: Plan_Bayside_colour_1_compressed (1).pdf | 24 Jul 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_Bayside_colour_1_compressed (1).pdf | 24 Jul 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_Bayside_colour_2.pdf | 24 Jul 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: CC_Metropolis_Bayside_colour.pdf | 24 Jul 2022 |
Promoter's earlier projects5
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Metropolis - Insignia TowersP51700026750 | Kasarvadavli, Thane | 250 | Oct 2020 | Ongoing | Apr 2026 | Not delivered |
| Metropolis Aquaris Phase 1 | Kasarvadavli G.B Road Thane West | 84 | - | Completed | Sep 2024 | May 2022 |
| Ace Square Phase 2 | Kasarvadavli G.B Road Thane West | 72 | - | Completed | Jun 2024 | Jun 2022 |
| Joy Square | Kasarvadavli Gb Rd Thane west | 112 | - | Completed | Dec 2019 | May 2019 |
| Ace Square Phase 1 | Kasarvadavli G.B Road Thane West | 145 | - | Completed | Dec 2017 | Oct 2017 |
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How this compares with Thane
Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.
Free monthly report: Thane 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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 8 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 69 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
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See every Thane project, with the district possession charts
Builder: ANANT SQUARE
ANANT SQUARE has 9 registrations on MahaRERA, including Joy Square and ACE SQUARE PHASE 1. Its filings disclose 11 earlier MahaRERA projects: declares 9 of 9 past projects completed on time. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What does it mean that Metropolis Bayside shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Metropolis Bayside is delayed beyond 31 May 2026?
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 Metropolis Bayside?
The registered promoter entity is ANANT SQUARE, an others 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 Metropolis Bayside?
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 Metropolis Bayside?
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 Metropolis Bayside?
The professionals named in the filing: Architect: Scapes; Engineer: GN Systech Consulting Engineers Pvt Ltd; Chartered Accountant: Neha Amit and Associates. 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 Metropolis Bayside?
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.
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