MahaRERA Property Intelligence · Raigarh

Magnolia Cluster 2

P52000021142 · Wise City · promoter Wadhwa Construction And

Certificate SignedDue 30 Dec 2026

Delivery & Registration

MahaRERA registrationP52000021142
Registered on10 Jun 2019
Promoter-declared completion30 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, Wadhwa Construction And is the promoter of record on 60 projects, of which 10 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 ~117.9% of the estimated project cost incurred as of the last certificate (₹34.81 Cr spent against a ₹29.53 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 54 homes filed with MahaRERA, 39 are sold/booked and 15 remain available (~72% sold) — selling steadily. Buyers have committed ₹71.22 Cr in agreement value so far. Of that, ₹65.70 Cr (~92%) is already collected, ₹5.52 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 39 registered agreements, the effective carpet rate is ₹10,511/sqft (typical range ₹9,421–₹12,600) — 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
Ground/Floor 0A-273,941 sqft (366.17 sqm)₹1.18 Cr
Ground/Floor 0A-291,523 sqft (141.46 sqm)-
Ground/Floor 0A-301,523 sqft (141.46 sqm)-
Ground/Floor 0A-311,523 sqft (141.46 sqm)-
Ground/Floor 0A-321,523 sqft (141.46 sqm)-
Ground/Floor 0A-331,523 sqft (141.46 sqm)-
Ground/Floor 0A-341,523 sqft (141.46 sqm)₹1.18 Cr
Ground/Floor 0C-061,624 sqft (150.88 sqm)-
Ground/Floor 0C-071,624 sqft (150.88 sqm)-
Ground/Floor 0C-081,588 sqft (147.5 sqm)-
Ground/Floor 0D-061,874 sqft (174.12 sqm)-
Ground/Floor 0G-121,624 sqft (150.88 sqm)-
Ground/Floor 0G-131,624 sqft (150.88 sqm)-
Ground/Floor 0H-091,624 sqft (150.88 sqm)-
Ground/Floor 0J-091,566 sqft (145.46 sqm)₹11.81 Lakh

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+25 and 54 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Magnolia Cluster 2 - A-271G+21-
Magnolia Cluster 2 - A-341G+251-
Magnolia Cluster 2 - J-091G+21-
Magnolia Cluster 2 - A-291G+21-
Magnolia Cluster 2 - A-301G+21-
Magnolia Cluster 2 - A-311G+21-
Magnolia Cluster 2 - A-321G+21-
Magnolia Cluster 2 - A-331G+21-
Magnolia Cluster 2 - B-011G+21-
Magnolia Cluster 2 - B-081G+21-
Magnolia Cluster 2 - B-021G+21-
Magnolia Cluster 2 - B-031G+21-
Magnolia Cluster 2 - B-041G+21-
Magnolia Cluster 2 - B-051G+21-
Magnolia Cluster 2 - B-061G+21-
Magnolia Cluster 2 - B-071G+21-
Magnolia Cluster 2 - C-011G+21-
Magnolia Cluster 2 - C-081G+21-
Magnolia Cluster 2 - C-021G+21-
Magnolia Cluster 2 - C-031G+21-
Magnolia Cluster 2 - C-041G+21-
Magnolia Cluster 2 - C-051G+21-
Magnolia Cluster 2 - C-061G+21-
Magnolia Cluster 2 - C-071G+21-
Magnolia Cluster 2 - D-011G+21-
Magnolia Cluster 2 - D-021G+21-
Magnolia Cluster 2 - D-031G+21-
Magnolia Cluster 2 - D-041G+21-
Magnolia Cluster 2 - D-051G+21-
Magnolia Cluster 2 - D-061G+21-
Magnolia Cluster 2 - E-061G+21-
Magnolia Cluster 2 - E-071G+21-
Magnolia Cluster 2 - E-081G+21-
Magnolia Cluster 2 - E-091G+21-
Magnolia Cluster 2 - E-101G+21-
Magnolia Cluster 2 - E-051G+21-
Magnolia Cluster 2 - F-081G+21-
Magnolia Cluster 2 - F-091G+2--
Magnolia Cluster 2 - F-101G+21-
Magnolia Cluster 2 - F-111G+21-
Magnolia Cluster 2 - F-121G+21-
Magnolia Cluster 2 - F-131G+21-
Magnolia Cluster 2 - F-071G+21-
Magnolia Cluster 2 - F-141G+21-
Magnolia Cluster 2 - G-081G+21-
Magnolia Cluster 2 - G-091G+21-
Magnolia Cluster 2 - G-101G+21-
Magnolia Cluster 2 - G-111G+21-
Magnolia Cluster 2 - G-121G+21-
Magnolia Cluster 2 - G-131G+21-
Magnolia Cluster 2 - G-071G+21-
Magnolia Cluster 2 - G-141G+21-
Magnolia Cluster 2 - H-071G+21-
Magnolia Cluster 2 - H-081G+21-
Magnolia Cluster 2 - H-091G+251-
Magnolia Cluster 2 - H-101G+2--
Magnolia Cluster 2 - H-111G+2--
Magnolia Cluster 2 - H-121G+2--
Magnolia Cluster 2 - H-061G+2--
Magnolia Cluster 2 - H-131G+2--
Magnolia Cluster 2 - I-071G+2--
Magnolia Cluster 2 - I-081G+2--
Magnolia Cluster 2 - I-061G+2--
Magnolia Cluster 2 - I-091G+2--
Magnolia Cluster 2 - I-101G+2--
Magnolia Cluster 2 - J-081G+2--

Unit mix on the filing: 54 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 Wise City, 36 m wide DP road, Kurla, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by Sector-3, to the south by Sector-1, to the east by Plot No-51-3 and to the west by Plot Boundary. 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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Builder track record

Wadhwa Construction And Infrastructure Private Limited is the promoter on 22 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

See every Wadhwa Construction And Infrastructure Privat project & its RERA track record →

Other flagged projects by Wadhwa Construction And Infrastructure Privat

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Wadhwa Construction And Infrastructure Private Limited
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Wadhwa Construction And Infrastructure Private Limited
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Other RERA-registered projects in Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Magnolia Cluster 3
possession by Dec 2026 · Wadhwa Construction And Infrastructure P
Magnolia Cluster 4
possession by Dec 2026 · Wadhwa Construction And Infrastructure P
Mahaavir Amber
possession by Dec 2027 · Omprakash Bhanwarlal Chhajer
Mahaavir Exotique Phase I
possession by Dec 2026 · Mahaavir Superstructures Private Limited
Mahaavir Exotique Phase II
possession by Dec 2027 · Mahaavir Superstructures Private Limited
Mahaavir Labdhi Phase 1
possession by Dec 2030 · Mahaavir Buildcon LLP

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