MahaRERA Property Intelligence · Thane

Terraform Arcade

P51700002110 · DHOKALI NAKA · promoter Money Magnum Constructions

Certificate SignedDue 31 Jul 2022

Delivery & Registration

MahaRERA registrationP51700002110
Registered on31 Jul 2017
Promoter-declared completion31 Jul 2022
Current statusCertificate Signed
Against todayabout 48 months past 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, Money Magnum Constructions is the promoter of record on 21 projects, of which 2 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.

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+0.

BuildingWingsFloorsDeclared completion
Terraform Arcade1G+0-

Complaints

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

Legal & Litigation

The promoter has declared 22 court cases on this project to MahaRERA. 18 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court Bombay3462011For Pronouncement Of Judgment
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7092013Pending This Case Is Not Likely To Affect This Current Project Adversely
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7102013Pending This Case Is Not Likely To Affect This Current Project Adversely
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7112013Pending This Case Is Not Likely To Affect This Current Project Adversely
District Consumer Disputes Redressal Forum ThaneConsumer Complaint No 6782014Pending This Case Is Not Likely To Affect This Current Project Adversely
Supreme CourtSLP No 325702014Pending This Case Is Not Likely To Affect This Current Project Adversely
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 4352016Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 9892017Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 102018Pending This Case Is Not Likely To Affect This Current Project Adversely
National Consumer Forum DelhiFA/1246/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
National Consumer Forum DelhiFA/909/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
National Consumer Forum DelhiFA/910/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 5782018Pending This Case Is Not Likely To Affect This Current Project Adversely
High Court Bombay57512018Disposed Of
State Consumer Disputes Redressal Commission MaharashtraExecution on Application No 62/2018 in RBT/CC/17/14612018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraExecution on Application No 63/2018 in RBT/CC/17/14622018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 6392019Pending This Case Is Not Likely To Affect This Current Project Adversely
Additional District And Sessions Judge Thane622020As Per Order Of Hon Bom Hc All Proceedings Between The Parties Pending Before Any Judicial Or Non Ju
High Court Bombay367/2021 and IA No 3120/20212021As Per Order Of Hon Bom Hc All Proceedings Between The Parties Pending Before Any Judicial Or Non Ju
High Court Bombay103502023Pending This Case Is Not Likely To Affect This Current Project Adversely
High Court BombaySt No 230352023Pending This Case Is Not Likely To Affect This Current Project Adversely
Deputy District Registrar Co Op Societies Thane802024Pending

Location, Land & Connectivity

Located at DHOKALI NAKA, KOLSHET ROAD, Kurla, Mumbai Suburban, 400607. Per the filed land record, the plot is bounded to the north by Compound Wall Shared with Everest World, to the south by Kolshet Road, to the east by 40 Mtr DP Road and to the west by Compound Wall shared with Blossom School. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park15 km
Andheri MIDC / SEEPZ16 km
Chhatrapati Shivaji Int'l Airport20 km
Bandra Kurla Complex (BKC)22 km
Lower Parel / Worli business district31 km
Nariman Point / Fort38 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

Money Magnum Constructions is the promoter on 2 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 Money Magnum Constructions

Money Magnum Constructions
FlaggedThane

Other RERA-registered projects in Thane

Godrej Exquisite
possession by Sep 2026 · Godrej Macbricks Private Limited
Lodha Crown Kolshet-Tower 1
possession by Sep 2026 · Lodha Developers Limited
Odysseus
possession by Sep 2026 · Sagar Enterprise
Unique Vistas Mhada Building NO. 1,2,3
possession by Sep 2026 · Madhu Harshad Doshi
Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Thane

Other RERA-registered projects in Thane

Terraform K - Residences
declared completion May 2026 · Money Magnum Constructions
Tesla - Building No.2
declared completion Dec 2025 · Raheja Universal Ltd.
Tetris Green Valley
declared completion Jun 2022 · Tetris Green Valley
Thakare Complex
declared completion May 2025 · Shreeji Developers
Thakker Shraddha Kunj
possession by Dec 2026 · M/s Thakker World Constructions LLP
Thana Co-Op Housing Society Sopan
declared completion Dec 2021 · Aditya Associates

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