MahaRERA Property Intelligence · Pune

Mantra Magic Phase 2

P52100001213 · CHIMBALI · promoter Mantra Island Homes

Certificate SignedDue 28 Feb 2021

Delivery & Registration

MahaRERA registrationP52100001213
Registered on27 Jul 2017
Promoter-declared completion28 Feb 2021
Current statusCertificate Signed
Against todayabout 65 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, Mantra Island Homes is the promoter of record on 7 projects, of which 1 carries 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+12.

BuildingWingsFloorsDeclared completion
Mantra Magic Building H1G+1230 Nov 2020

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000010641828/12/2021Rajan Gupta For Mantra Island Homes Chimbli LLP vs Pandharinath Pasalkarorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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
28 Feb 202130 Nov 2020Project completed, OC pending from PMRDA due to Covid19
28 Feb 202128 Feb 2021already applied for complition certificate only approval is pending

Location, Land & Connectivity

Located at CHIMBALI, CHIMBALI, Khed, Pune, 410501. Per the filed land record, the plot is bounded to the north by proposed phase of project, to the south by open space, to the east by open space and to the west by open space. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Pune Int'l Airport (Lohegaon)14 km
Hinjewadi Rajiv Gandhi IT Park17 km
Baner–Balewadi belt17 km
Kharadi / EON IT Park18 km
Pune Junction / city centre18 km
Magarpatta / Hadapsar IT21 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

Mantra Island Homes Chimbli Private Limited is the promoter on 6 MahaRERA-registered projects, of which 1 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 Mantra Island Homes Chimbli Private Limited project & its RERA track record →

Other flagged projects by Mantra Island Homes Chimbli Private Limited

Mantra Island Homes Chimbli Private Limited
FlaggedPune
Mantra Island Homes Chimbli Private Limited
FlaggedPune
Mantra Island Homes Chimbli Private Limited
FlaggedPune
Mantra Island Homes Chimbli Private Limited
FlaggedPune
Mantra Island Homes Chimbli Private Limited
Deregistered by MahaRERAPune

Other RERA-registered projects in Chakan

Vallabh Heights
possession by Sep 2026 · G R Developers
Shree Samarth Shrushti
possession by Sep 2026 · Jagdamba Developers
Swapnapurti Heights
Not filing quarterly progress reports · possession by Oct 2026 · B R Developers
Richmond
possession by Oct 2026 · Coral Shubh Builders
Mungase Towers
possession by Dec 2026 · Mr Santosh Vasudev Mungase
Chakan High Street
possession by Dec 2026 · Chakan Business HUB LLP

Major developers building in Chakan

Other RERA-registered projects in Pune

Mantra Magic Phase 2 Wing B
declared completion Sep 2020 · Mantra Island Homes Chimbli LLP
Mantra Magic Phase 3
declared completion Jan 2021 · Mantra Island Homes Chimbli Private Limi
Mantra Magic Phase 4
declared completion Nov 2021 · Mantra Island Homes Chimbli Private Limi
Mantra Magic Phase 5
declared completion Nov 2021 · Mantra Island Homes Chimbli Private Limi
Mantra Magic Phase 6
declared completion Dec 2024 · Mantra Island Homes Chimbli Private Limi
Mantra Magnus Phase 1
possession by Dec 2028 · Speciality Landmarks Private Limited

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 Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026