The Wave
MahaRERA Property Intelligence · Mumbai Suburban
P51800031150 · Bandra (West) · promoter Swarna Highrise Construction
| MahaRERA registration | P51800031150 |
| Registered on | 11 Oct 2021 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 months to the declared date |
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.
Across MahaRERA, Swarna Highrise Construction is the promoter of record on 7 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.
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+11.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| Magic Tower | 1 | G+11 | - |
4 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12602702 | 09/05/2026 | Faisal Idris Farooqui vs Swarna Highrise Construction | pending / no order on file |
| CC12602700 | 09/05/2026 | Faisal Idris Farooqui vs Swarna Highrise Construction | pending / no order on file |
| CC12602696 | 09/05/2026 | Muhammad Javaid Muhammad Idris Farooqui vs Swarna Highrise Construction | pending / no order on file |
| CC12602697 | 09/05/2026 | Muhammad Javaid Muhammad Idris Farooqui vs Swarna Highrise Construction | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 31 Dec 2024 | 31 Dec 2027 | Dear Sir/Madam, Please refer to the attachments. There has been a delay in the project due to the litigation with the existing tenants of the Society. However, the same has been |
Located at Bandra (West), Chinchpocali Road, Andheri, Mumbai Suburban, 400050. Per the filed land record, the plot is bounded to the north by Monalisa CHSL, to the south by Open Ground, to the east by Chinchpocali Road and to the west by Existing Structure. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 4 km |
| Chhatrapati Shivaji Int'l Airport | 5 km |
| Lower Parel / Worli business district | 6 km |
| Andheri MIDC / SEEPZ | 9 km |
| Powai / Hiranandani business park | 10 km |
| Nariman Point / Fort | 14 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.
🔒 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.
🔒 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.
Should you buy in Magic Tower?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
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