Home / Browse projects / Mumbai City, Maharashtra / GUNDECHA-KBK-MAGNUM PHASE I
GUNDECHA-KBK-MAGNUM PHASE I
RG-MH-76785 · RERA P51900034493 · Last updated on MahaRERA portal: 21 Jul 2025
Source: official MahaRERA filing
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Red flags
- 2 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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GUNDECHA-KBK-MAGNUM PHASE I is a Residential / Group Housing project by GundechaConstructionPvtLtd in Mumbai City, Maharashtra, registered with MahaRERA as P51900034493 on 11 Apr 2022. Possession is promised by 31 Mar 2027. 2 complaints are on record with the regulator.
At a glance
Project
- NameGUNDECHA-KBK-MAGNUM PHASE I
- TypeResidential / Group Housing
- Location
- Dr S S Rao Road
- Lalbaug
- Mumbai City
- 400012
- Pincode400012
- RERA no.P51900034493
- ReraGenie IDRG-MH-76785
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on11 Apr 2022
- Promised completion31 Mar 2027
- Revised completionNone
- Buildings1 building record
- Documents filed79 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| GUNDECHA KBK MAGNUM A WING | NA | 52 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 21 Jul 2025, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
5 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 70%.
GUNDECHA KBK MAGNUM A WING: 60% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 70% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 30% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 60% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 21 Jul 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed1
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| RAK Magnum Realty LLP | Mumbai City | Mumbai City |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | ACE Consultants |
| Engineer | Nitin M Patil |
| Chartered Accountant | R G S & CO |
| Partner | Role in project |
|---|---|
| GundechaConstructionPvtLtd | - |
Complaints filed with MahaRERA2
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000344202 | Kanchan Vinod Murarka | RAK MAGNUM REALTY LLP | 03/02/2023 |
| CC12501350 | Pratibha Mahendra Shah | GundechaConstructionPvtLtd | 23/04/2025 |
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 4 Mar 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 4 Mar 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 4 Mar 2022 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 3 Mar 2022Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Mar 2027
Documents filed79
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Form 1.pdf | 21 Jul 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate From 2.pdf | 21 Jul 2025 |
| Disclosure of sold/ booked inventoryFile: SOLD AND UNSOLD FLATS.pdf | 21 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RAK Form 3.pdf | 10 Mar 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: GCPL FORM 3.pdf | 10 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 27 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 27 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: A Wing Gundecha KBK Magnum Phase I.pdf | 27 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3 RAK comp.pdf | 18 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1.pdf | 11 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 GCPL comp.pdf | 11 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 11 Dec 2024 |
| Other - LegalFile: Sold Booked Inventory.pdf | 11 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Information of Sold Booked Inventory.pdf | 14 Aug 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect.pdf | 13 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 Engineer.pdf | 13 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: GCPL FORM 3.pdf | 13 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RAK Form 3.pdf | 13 Aug 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Inventory.pdf | 24 May 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5.pdf | 15 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate in Form1.pdf | 6 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Form 2.pdf | 6 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A QUALITY ASSURANCE.pdf | 6 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: GCPL CA Certificate Form 3.pdf | 6 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RAK CA Certificate Form 3.pdf | 6 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Gundecha KBK Magnum Form 1.pdf | 2 Feb 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Gundecha KBK Magnum Form 2.pdf | 2 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 2 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Report.pdf | 2 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 RAK.pdf | 2 Feb 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 GCPL.pdf | 2 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: Sold and unsold inventory as on 30 sep 2023.pdf | 2 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Form1.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Form 2.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: GCPL CA CERTIFICATE FORM 3.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RAK CA CERTIFICATE FORM 3.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Form 1.pdf | 1 Sep 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Form 2.pdf | 1 Sep 2023 |
| Disclosure of sold/ booked inventoryFile: GUNDECHA MAGNUM KBK HEIGHTS A wing.pdf | 1 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE FORM 3 GCPL.pdf | 1 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE FORM 3 RAK Part1.pdf | 1 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE FORM 3 RAK Part2.pdf | 1 Sep 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: RAK CA Certificate Form 3.pdf | 2 Aug 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Self Declaration.pdf | 29 Jun 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A.pdf | 7 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch Cert form1.pdf | 17 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Cert Form2.pdf | 17 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert GCPL.pdf | 17 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert RAK.pdf | 17 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Cert Form1.pdf | 20 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Cert Form2.pdf | 20 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert GCPL.pdf | 20 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert RAK MAGNUM.pdf | 20 Feb 2023 |
| Details of encumbrancesFile: Declaration of Encumbrance.pdf | 6 Jan 2023 |
| CERSAI detailsFile: CERSAI Hypothecation.pdf | 19 Dec 2022 |
| CERSAI detailsFile: CERSAI Mortagage.pdf | 19 Dec 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch Cert form1.pdf | 23 Nov 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg Cert Form2.pdf | 23 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA GCPL.pdf | 23 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA RAK Magnum.pdf | 23 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Cert Form1.pdf | 2 Aug 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Eng Cert Form2.pdf | 2 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert GCPL.pdf | 2 Aug 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert RAK.pdf | 2 Aug 2022 |
| PAN CardFile: GCPL Pancard copy pdf.pdf | 17 Mar 2022 |
| Layout approvalFile: Gundecha KBK Magnum LAYOUT PLAN.pdf | 4 Mar 2022 |
| Building plan approvalFile: Gundecha KBK Magnum Building Plan 5.pdf | 4 Mar 2022 |
| Copy of the legal title reportFile: Legal Title Report Format A.pdf | 4 Mar 2022 |
| Copy of Layout Approval (in case of layout)File: Gundecha KBK Magnum LAYOUT PLAN.pdf | 4 Mar 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Gundecha KBK Magnum Building Plan 5.pdf | 4 Mar 2022 |
| Details of encumbrancesFile: No Encumbrance Declaration Gundecha.pdf | 3 Mar 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 3 Mar 2022 |
| Declaration about Commencement CertificateFile: Commence certificate declaration.pdf | 3 Mar 2022 |
| Declaration in FORM BFile: FORM B Declaration Gundecha.pdf | 3 Mar 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 Architect Cert.pdf | 3 Mar 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2 Engineer Cert.pdf | 3 Mar 2022 |
| CERSAI detailsFile: Undertaking Cum Decleration for CERSAL.pdf | 3 Mar 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3 CA Cert Gundecha.pdf | 3 Mar 2022 |
| Proforma of Allotment letterFile: Magnum Sale Agreement Draft Part1.pdf | 3 Mar 2022 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| Zenith | PK Road Near Kalidas Auditorium Mulund West Mumbai 400080 | 244 | Completed | Jun 2016 | Late, Nov 2016 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 79 filed documents as one ZIP, foldered, with a manifest
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Builder: GundechaConstructionPvtLtd
GundechaConstructionPvtLtd has 2 registrations on MahaRERA, including Gundecha Woods Phase 1 and GUNDECHA-KBK-MAGNUM PHASE I. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Mumbai City district page.
Frequently asked questions
What are my rights if GUNDECHA-KBK-MAGNUM PHASE I is delayed beyond 31 Mar 2027?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of GUNDECHA-KBK-MAGNUM PHASE I?
The registered promoter entity is GundechaConstructionPvtLtd, a company as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in GUNDECHA-KBK-MAGNUM PHASE I?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How do I read the complaint cases filed against GUNDECHA-KBK-MAGNUM PHASE I?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for GUNDECHA-KBK-MAGNUM PHASE I?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at GUNDECHA-KBK-MAGNUM PHASE I?
The professionals named in the filing: Architect: ACE Consultants; Engineer: Nitin M Patil; Chartered Accountant: R G S & CO. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in GUNDECHA-KBK-MAGNUM PHASE I?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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