Modern Suites Mahalaxmi
MahaRERA · the public record
ICON BY MERX
BYCULLA · MAGNUM LAND REALTORS LLP
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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.
118units filed as unsoldInventory · 20 September 2026
31 Dec 2029declared completionMahaRERA registration · read 12 Jul 2026
218registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2029
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P51900080981
Delivery and registration
When is the project declared for completion?
ICON BY MERX is registered with MahaRERA as P51900080981 and the promoter has declared completion for 31 Dec 2029.
31 Dec 2029
declared completion
39months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51900080981 |
| Registered on | 22 Sep 2025 |
| Promoter-declared completion | 31 Dec 2029 |
| Current status | Certificate Signed |
| Against today | 39 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for ICON BY MERX record 8 quarterly progress reports since registration.
8quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Promoter record
What else is this promoter on record for?
Magnum Land Realtors is the promoter of record on 22 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
22projects
registered with MahaRERA
3flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Sales
How much has actually been sold?
In ICON BY MERX, 0 of 118 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 118 remain available.
0%sold
0 of 118 homes
Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. The project registers 218 homes in total, while this sold/unsold inventory filing covers 118 of them.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
The inventory filing also declares: 17 reserved.
Sales
Are registered sale-agreement prices available?
No registered sale-agreement price is recorded for ICON BY MERX in the MahaRERA project file.
Not available
This is what the record does not contain, not a value of zero.
Source · MahaRERA project file · checked 20 September 2026
What the filings record, home by home
Read from MahaRERA on 20 September 2026
No home in ICON BY MERX carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 118 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 14,480 a sq ft typical, over Rs 14,480 to Rs 23,770.
A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.
The Reckoner Record lists all 118 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.
Buildings & Wings
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+33 and 218 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| WING C | 1 | G+6 | 24 | - |
| WING A B | 1 | G+33 | 194 | - |
Unit mix on the filing: 194 residential and 24 non-residential (shops/offices).
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Location, Land & Connectivity
Located at BYCULLA, PAIS STREET, Ward E, Mumbai City, 400011. Per the filed land record, the plot is bounded to the north by CTS NO 1962 VEENA KILLEDAR IDUSTRIAL ESTATE, to the south by CTS NO 1965 BARUCHA COMPOUND, to the east by PAIS STREET and to the west by CTS NO 1964 JAIKARIA INDUSTRIES. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 2 km |
| Nariman Point / Fort | 6 km |
| Bandra Kurla Complex (BKC) | 11 km |
| Chhatrapati Shivaji Int'l Airport | 13 km |
| Andheri MIDC / SEEPZ | 17 km |
| Powai / Hiranandani business park | 17 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.