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Registered Litigation declared Residential / Group Housing project

MAGNACITY - Tower A3

By Malnad Project (I) Pvt Ltd

RG-MH-70667 · RERA P52100052096 · Last updated on MahaRERA portal: 21 Apr 2026

Source: official MahaRERA filing

Red flags

  • Litigation declared, 2 cases
  • 2 complaints at MahaRERA
  • Rs 68.00 crore secured on the land, in favour of HDFC Capital Affordable Real Estate Fund, HDFC Capital affordable Real Estate fund
  • The declared charge does not appear in the CERSAI report on the filing

Clear

  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

4 conditions are 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.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
May 2028Possession promisedno revision filed
24 of 44Construction stages doneacross 4 buildings; furthest along: Staircases, 58%
133 of 480Units unsoldnot recorded sold or booked
2Complaints at MahaRERAon this registration
Jump to the 93 documents Report an error

MAGNACITY - Tower A3 is a Residential / Group Housing project by Malnad Project (I) Pvt Ltd in Pune, Maharashtra, registered with MahaRERA as P52100052096 on 24 Jul 2023. Possession is promised by 31 May 2028. 347 of the 480 units on this registration are recorded sold or booked, and 24 of 44 construction stages are filed complete. 2 complaints are on record with the regulator.

At a glance

Project

  • NameMAGNACITY - Tower A3
  • TypeResidential / Group Housing
  • Location
    • Solapur Road
    • Manjari
    • MANJARI Bk
    • Haveli
    • Pune
    • 412307
  • Pincode412307
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100052096
  • ReraGenie IDRG-MH-70667

Builder

  • NameMalnad Project (I) Pvt Ltd
  • Entity typeCompany
  • CINU45100PN2017PTC170130
  • GSTIN27AAGCK5660F1ZG
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • DirectorYogesh Yeshwant Bhave
  • Other registrations2 more →
  • Declared earlier projects2 →

Key dates

this monthRegisteredJul 2023PromisedMay 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on24 Jul 2023
  • Promised completion31 May 2028
  • Revised completionNone
  • Buildings4 building records
  • Documents filed93 files

Current status

72%347 of 480 units booked
49.7%Work done, per cost certificate

Figures as on 21 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A3 - Wing ANA33301200120
A3 - Wing BNA33301200120
A3 - Wing CNA33301200120
A3 - Wing DNA33301200120

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 building4

As on 21 Apr 2026, 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.

24 of 44 construction stages are filed complete across 4 buildings. The stage furthest along is Staircases, at 58%.

A3 - Wing A66%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises46%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks58%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.21%
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%
A3 - Wing B66%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises44%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks58%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.20%
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%
A3 - Wing C64%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises36%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks58%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.12%
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%
A3 - Wing D65%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises40%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks58%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.12%
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 Apr 2026, 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 facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed600

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.

Total parking slots600
Closed/Covered600
BuildingClosed/CoveredTotal
A3 - Wing A150150
A3 - Wing B150150
A3 - Wing C150150
A3 - Wing D150150

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area8,781 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofHDFC Capital Affordable Real Estate Fund, HDFC Capital affordable Real Estate fund
Secured amountRs 68.00 crore
CERSAI search filedYes
Declared on17 Jul 2025

Approvals and building plan

Sanctioning authorityPMRDA
Permissible FSI50490.54
Proposed, not sanctioned43,167 sq m
Buildings approved4
Buildings sanctioned4

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.

Separate project accountDeclared
Bank branchD Vacha Road 122 Backbay Reclamation Chruchgate Mumbai 400020
Estimated costRs 202.75 cr
Cost incurredRs 100.85 cr
Work done49.74%
BuildingWingEstimatedIncurred
-NARs 42.29 crRs 18.52 cr
A3 - Wing ANARs 40.12 crRs 21.56 cr
A3 - Wing BNARs 40.12 crRs 21.56 cr
A3 - Wing CNARs 40.12 crRs 19.60 cr
A3 - Wing DNARs 40.12 crRs 19.60 cr

Certifying professionals and partners6

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectVishal Deshpande
EngineerRavindra Kukade
EngineerSuneel Kulkarni
EngineerAmit Nagpure
Chartered AccountantSPAK & Co.
Chartered AccountantGMKS & Co.
PartnerRole in project
Malnad Project (I) Pvt Ltd-

Litigation declared2

CaseCourtStatus
271/2017Civil Judge Senior Division CourtPending
271/2017Civil JudgeOngoing

Complaints filed with MahaRERA2

Case no.ComplainantRespondentFiled
SM12500244Ram GawaliMalnad Project (I) Pvt Ltd29/12/2025
SM12600069Ram GawaliMalnad Project (I) Pvt Ltd22/01/2026

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 30 Jun 2023
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 19 Jul 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 2 Dec 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 19 Jul 2025Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 May 2028

Documents filed93

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 93 are shown. 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.

DocumentUploaded
Form 2A (FY 2025-2026)File: Form 2A_March 2026_signed copy.pdf21 Apr 2026
Withdrawal Update Form 1File: 1_Ar Certificate.pdf20 Apr 2026
Withdrawal Update Form 2File: 2_Engg Certificate.pdf20 Apr 2026
Withdrawal Update Form 3File: 3_CA Certificate.pdf20 Apr 2026
Withdrawal Update Form 1File: 1_Ar Certificate.pdf15 Jan 2026
Withdrawal Update Form 2File: 2_Engg Certificate.pdf15 Jan 2026
Withdrawal Update Form 3File: 3_CA Certificate.pdf15 Jan 2026
Building plan approvalFile: 4_250618_A3_Sec-Ele_com.pdf2 Dec 2025
Building plan approvalFile: 2_250618_A3_Parking_com.pdf2 Dec 2025
Withdrawal Update Form 1File: 1_Ar Certificate_Signed.pdf3 Nov 2025
Withdrawal Update Form 2File: 2_Engg Certificate_Signed.pdf3 Nov 2025
Withdrawal Update Form 3File: 3_CA Certificate_Signed.pdf3 Nov 2025
Withdrawal Update Form 1File: 1_Ar Certificate_Signed.pdf30 Oct 2025
Withdrawal Update Form 2File: 2_Engg Certificate_Signed.pdf30 Oct 2025
Withdrawal Update Form 3File: 3_CA Certificate_Signed.pdf30 Oct 2025
Form 5 (FY 2024-2025)File: Form 5_MAGNACITY_A3_Signed.pdf22 Sep 2025
Layout approvalFile: 1_250618_Sector 1A_Layout.pdf19 Jul 2025
Building plan approvalFile: 3_250618_A3_Build pl com.pdf19 Jul 2025
Commencement certificateFile: 250618 RS 1 _CC_com.pdf19 Jul 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Ar Certificate.pdf18 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA certificate.pdf18 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf18 Apr 2025
Disclosure of sold/ booked inventoryFile: 6_Disclosure of Sold Inventory.pdf18 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 5_Form 2A.pdf18 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_Signed.pdf20 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf20 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Cerificate.pdf20 Jan 2025
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold.pdf20 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Ar Certificate.pdf28 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf28 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf28 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf28 Oct 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory.pdf28 Oct 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: MAGNACITY Tower A3_compressed.pdf17 Oct 2024
Proforma of Agreement for saleFile: 240812_AFS_R10.pdf12 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf20 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Jul 2024
Disclosure of sold/ booked inventoryFile: 6_Disclosure of Sold Inventory_compressed.pdf20 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf20 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf20 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5_Form 2A.pdf20 Apr 2024
Disclosure of sold/ booked inventoryFile: MAGNACITY - Tower A3.pdf20 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf20 Apr 2024
Home Buyer /Allottee Grievance Redressal CellFile: 240326_Decl about Grievance Redressal Cell.pdf26 Mar 2024
Proforma of Agreement for saleFile: 240208_A3_AFS_R8.pdf12 Feb 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf17 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf17 Jan 2024
Disclosure of sold/ booked inventoryFile: 5_Disclosure of sold inventory.pdf17 Jan 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate_compressed.pdf17 Jan 2024
Proforma of Agreement for saleFile: 231205_AFS_R7.pdf3 Jan 2024
Layout approvalFile: 231128_Layout.pdf29 Nov 2023
Building plan approvalFile: 231128_Bldg Plan.pdf29 Nov 2023
Copy of Layout Approval (in case of layout)File: 231128_Layout.pdf29 Nov 2023
Building Plan Approval / NA Order for plotted developmentFile: 231128_Bldg Plan.pdf29 Nov 2023
Commencement Certificates / NA Order for plotted developmentFile: 231128_CC.pdf29 Nov 2023
Declaration about Commencement CertificateFile: 231128_Declaration about CC.pdf29 Nov 2023
Disclosure of sold/ booked inventoryFile: MAGNACITY - Tower A3_compressed.pdf25 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_CA Certificate.pdf23 Oct 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1_Arch Certificate_compressed.pdf21 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2_Engg Certificate.pdf21 Oct 2023
Other - LegalFile: 230714_Declaration_Survey No and Plot Area1.pdf14 Jul 2023
Copy of the legal title reportFile: 230630_Legal Title Report_Format A.pdf30 Jun 2023
Copy of the legal title reportFile: 230630_Legal Title Report_Annex 1-1.pdf30 Jun 2023
Copy of the legal title reportFile: 230630_Legal Title Report_Annex 1-2.pdf30 Jun 2023
Copy of the legal title reportFile: 230630_Legal Title Report_Annex 1-3.pdf30 Jun 2023
Copy of the legal title reportFile: 230630_Legal Title Report_Annex 1-4.pdf30 Jun 2023
Building plan approvalFile: 230619_A3_Sec Ele.pdf19 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: 230619_A3_Sec Ele.pdf19 Jun 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 230619_CA Certificate.pdf19 Jun 2023
Building plan approvalFile: 230612_Building Plan.pdf12 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: 230612_Building Plan.pdf12 Jun 2023
CERSAI detailsFile: 230602_CERSAI_Declaration.pdf2 Jun 2023
Proforma of Agreement for saleFile: 230601_AFS_F_R2.pdf2 Jun 2023
Layout approvalFile: 4_Layout.pdf18 May 2023
Details of encumbrances concerned to FinanceFile: 3_Encubmrance Certificate_Finance.pdf18 May 2023
Details of encumbrances concerned to LegalFile: 3_Encubmrance Certificate_Finance.pdf18 May 2023
Copy of Layout Approval (in case of layout)File: 4_Layout.pdf18 May 2023
Declaration about Commencement CertificateFile: 14_Declaration about CC.pdf18 May 2023
Declaration in FORM BFile: 6_Form B_Declaration.pdf18 May 2023

How this compares with Pune

72%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is on the register

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Manjari13,700+ in Pune

2 kmMAGNACITY - Tower A3Completed 46Lapsed / revoked 16Other 34Dot size: filed unitsN

Filed coordinates, straight-line distance. 96 registered projects within 2 km.

Builder: Malnad Project (I) Pvt Ltd

Malnad Project (I) Pvt Ltd has 3 registrations on MahaRERA, including MAGNACITY - Tower A3 and MAGNACITY - Tower A2. Its filings disclose 2 earlier MahaRERA projects, none completed yet. Litigation is declared on 3 of its registrations. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if MAGNACITY - Tower A3 is delayed beyond 31 May 2028?

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 MAGNACITY - Tower A3?

The registered promoter entity is Malnad Project (I) Pvt Ltd, a company as per the filing. Its CIN U45100PN2017PTC170130 and GSTIN 27AAGCK5660F1ZG can be cross-checked on the MCA and GST portals. 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 MAGNACITY - Tower A3?

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 MAGNACITY - Tower A3?

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 MAGNACITY - Tower A3?

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 MAGNACITY - Tower A3?

The professionals named in the filing: Architect: Vishal Deshpande; Engineer: Ravindra Kukade; Engineer: Suneel Kulkarni; Engineer: Amit Nagpure; Chartered Accountant: SPAK & Co.; Chartered Accountant: GMKS & 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 MAGNACITY - Tower A3?

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; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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