MahaRERA Property Intelligence · Mumbai Suburban

MAGATHANE PRESS ENCLAVE CHSL

P51800034383 · MAGATHANE · promoter Dhariwal Developers (India)

Certificate SignedDue 10 Mar 2027

Delivery & Registration

MahaRERA registrationP51800034383
Registered on05 Apr 2022
Promoter-declared completion10 Mar 2027
Current statusCertificate Signed
Against today8 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Dhariwal Developers (India) is the promoter of record on 32 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~97.0% of the estimated project cost incurred as of the last certificate (₹86.00 Cr spent against a ₹88.66 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 93 homes filed with MahaRERA, 71 are sold/booked (69 with registered agreements + 2 booked) and 22 remain available (~76% sold) — selling steadily. Buyers have committed ₹72.11 Cr in agreement value so far. Of that, ₹59.08 Cr (~82%) is already collected, ₹13.05 Cr receivable — a read on how far along these sales really are. Note: the project registers 113 homes in total, but this sold/unsold inventory filing covers only 93 of them — the other 20 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 71 registered agreements, the effective carpet rate is ₹19,993/sqft (typical range ₹17,581–₹22,388) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1101576 sqft (53.53 sqm)₹15,988
Floor 1103451 sqft (41.89 sqm)₹15,988
Floor 1104450 sqft (41.84 sqm)₹15,988
Floor 131303451 sqft (41.89 sqm)₹17,587
Floor 171703451 sqft (41.89 sqm)₹17,587
Floor 181803451 sqft (41.89 sqm)₹17,587
Floor 191903451 sqft (41.89 sqm)₹17,587
Floor 2201576 sqft (53.53 sqm)₹15,988
Floor 2202573 sqft (53.25 sqm)₹15,988
Floor 2203451 sqft (41.89 sqm)₹15,988
Floor 2204450 sqft (41.84 sqm)₹15,988
Floor 202001576 sqft (53.53 sqm)₹17,586
Floor 202003451 sqft (41.89 sqm)₹17,587
Floor 2121051,062 sqft (98.7 sqm)₹18,386
Floor 2222051,062 sqft (98.7 sqm)₹18,386
Floor 232301576 sqft (53.53 sqm)₹18,385
Floor 232302573 sqft (53.25 sqm)₹18,385
Floor 2323051,062 sqft (98.7 sqm)₹18,386
Floor 3303451 sqft (41.89 sqm)₹15,988
Floor 3304450 sqft (41.84 sqm)₹15,988
Floor 4403451 sqft (41.89 sqm)₹15,988
Floor 8803202 sqft (18.77 sqm)₹16,787

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+31 and 113 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAGATHANE PRESS ENCLAVE CHSL1G+31113-

Unit mix on the filing: 113 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at MAGATHANE, BUILDING NO 63 MAHATHANE , Borivali, Mumbai Suburban, 400066. Per the filed land record, the plot is bounded to the north by 9 POINT 3METRE GEN ARUN KUMAR VAIDYA MARG, to the south by PHULKAKHARU GARDEN, to the east by GIC COLONY and to the west by GIC COLONY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ10 km
Powai / Hiranandani business park12 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district25 km
Nariman Point / Fort33 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.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Dhariwal Developers Private Limited is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Dhariwal Developers Private Limited

Dhariwal Developers Private Limited
FlaggedMumbai Suburban
Dhariwal Developers Private Limited
FlaggedMumbai Suburban

Other RERA-registered projects in Borivali East

Rushabh Apartment
possession by Jul 2026 · R R Builders
Rashmi Manorath
possession by Aug 2026 · Modi's Navnirman Limited
Proposed Redevelopment OF Prakashkunj Chsl
possession by Sep 2026 · Yash Realtors & Developers
Chandratej CHS LTD
possession by Oct 2026 · Elesh Ravjibhai Rathod
Eknath Gruh
possession by Oct 2026 · Vastav Developers PVT LTD
NEW Avanti Chsl
possession by Oct 2026 · Balaji Enterprises

Major developers building in Borivali East

Other RERA-registered projects in Mumbai Suburban

Magic Heights
possession by Dec 2028 · Density Developer LLP
Magic Square
declared completion Dec 2023 · Density Realty Private Limited
Magic Tower
possession by Dec 2027 · Swarna Highrise Construction
Mahakaleshwar Wing B
declared completion Dec 2025 · Marathon Nextgen Realty LTD
Mahakali Hills
possession by Dec 2026 · Mohid Construction Co
Mahalaxmi Prasad Building
declared completion Dec 2018 · Sudheer Dadarkar

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026