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Money Magnum Constructions: RERA track record

Partnership ยท attribution by exact filing name, entity resolution in progress

Money Magnum Constructions has 2 registrations on MahaRERA, including Terraform K - Residences and Terraform Arcade. Its filings disclose 4 earlier MahaRERA projects: declares 1 of 3 past projects completed on time. Litigation is declared on 2 of its registrations.

2RERA registrations
4Past projects disclosed
+37 monthsMedian delivery slip
2Registrations with litigation
Follow this developer. An email when Money Magnum Constructions registers a new project on MahaRERA, and when the filings of their existing projects change: new sales, moved possession dates, extensions, complaints. Runs 12 months, no auto-renew. Follow · Rs 999 / 12 months

Projects by this developer

Showing all 2 projects.

Largest first, by the unit count in the filing.

ProjectLocationUnitsBookedRegisteredStatus
Terraform K - ResidencesP51700002673DHOKALI, Thane, 4006076988%2 Aug 2017Registration lapsed
Terraform ArcadeP51700002110DHOKALI NAKA, Thane, 400607--31 Jul 2017Completed

What this promoter declares as its own experience

Money Magnum Constructions declares experience on 4 earlier projects. 2 of them carry a registration number we could match on MahaRERA, all under this promoter's own name.

2 of these declarations can be compared with the dates those projects' own registrations hold. Every one of them gives the same original completion date its registration holds.

From the promoter experience table each promoter files with MahaRERA, matched to the register by registration number. A declaration naming another promoter's project is a claim of involvement, and involvement takes several shapes: a parent and its project company, one firm re-registering under a second name, or a joint venture between two separate developers. We publish the claim as filed and do not treat it as proof that the entities are one builder.

Past projects, as disclosed in RERA filings

ProjectPromised completionActual completionDelivery
Aspen
30 Apr 201127 May 2014+37 months
Lavender
31 Oct 201127 Mar 2015+41 months
Terraform Arcade
P51700002110
31 Jul 202210 Dec 2018On time
Terraform K - Residences
P51700002673
30 Mar 2025Not completed yetOngoing

Frequently asked questions

How do I verify Money Magnum Constructions as a legal entity before signing?

Your agreement for sale must name the exact entity registered for the project, not a group brand. The registration certificate on each project's MahaRERA page names the exact legal entity; ask for it if the sales office only uses a brand name. Large builders commonly register one company or LLP per project, which is normal; the entity on the registration certificate is the one legally accountable to you.

How should I use this delivery record when booking with Money Magnum Constructions?

Add the median slip shown above to any possession date this promoter quotes you, and plan your rent, loan and school-year decisions around that stressed date. If possession then slips past your agreement date, section 18 entitles you to interest at SBI's highest MCLR plus 2 percent (currently 10.90% per annum) for every month of delay, or an exit with a full refund with interest.

Does the declared litigation make Money Magnum Constructions unsafe to buy from?

Not by itself. Litigation on a registration ranges from a boundary dispute to an allottee case about delay; what matters is the case type, which court or forum, and whether it touches the land title of the project you are buying. The case list is in each project's filed documents. Treat litigation as a question to resolve in writing before booking, not as a verdict either way.

Spotted a project attributed to the wrong developer, or something else wrong on this page? Projects are grouped by the promoter name as filed, so a firm that registers under two spellings can split across two pages. Tell us and we will check it against the filings.

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Data from official MahaRERA filings. How we handle corrections is on the about page.

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About the Money Magnum Constructions developer page. Projects are grouped by the promoter name as filed, so a wrongly attributed project is the most useful thing to report.

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