MahaRERA Property Intelligence · Thane

MAGIC OM HEIGHTS

P51700053615 · BHAYANDAR · promoter Magic Shanti Developer

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51700053615
Registered on10 Nov 2023
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Magic Shanti Developer is the promoter of record on 109 projects, of which 17 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 ~19.7% of the estimated project cost incurred as of the last certificate (₹3.15 Cr spent against a ₹16.00 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. With only ~5 months to the declared date and ~19.7% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 87 homes filed with MahaRERA, 17 are sold/booked (5 with registered agreements + 12 booked) and 70 remain available (~20% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹6.71 Cr in agreement value so far. Of that, ₹1.76 Cr (~26%) is already collected, ₹4.92 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 17 registered agreements, the effective carpet rate is ₹10,701/sqft (typical range ₹10,505–₹11,248) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+7 and 87 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAGIC OM HEIGHTS C AND D WING1G+787-

Unit mix on the filing: 87 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 BHAYANDAR, RAI VILLAGE, Thane, Thane, 401101. Per the filed land record, the plot is bounded to the north by EXISITING ROAD, to the south by OLD SNO 219 HNO 4, to the east by OLD SNO 231 HNO 6 and to the west by OLD SNO 220 HNO 4. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Other RERA-registered projects in Bhayander West

Anantsavitri Ratna Heights
possession by Aug 2026 · Krisha Realty
Bhairav Enclave
possession by Aug 2026 · Leena Estate Venture
Mukundam
possession by Aug 2026 · Shree Ramjeevdani Realtors
Saroj Chandra Krupa
possession by Oct 2026 · S C Associates
SAI Hanuman Tower
possession by Dec 2026 · Shree Samartha Developers
Chandanbala
possession by Dec 2026 · Hemant Sagarmal Jain

Other RERA-registered projects in Thane

Magnolia A B And C
declared completion Nov 2023 · Lodha Developers Limited
Magnum
declared completion Mar 2018 · Jitesh Kamlesh Patel
Magnus Height
declared completion Dec 2023 · Silver Line Constructions
Magnus Maryam
declared completion Mar 2022 · Shafi Abdul Kadar Syed
Magnus Pride
declared completion Mar 2024 · Magnus Builders
Magnus Prime
declared completion Mar 2022 · Magnus Builders

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