ReraGenieLog inGet a buyer report

Home / Browse projects / Thane, Maharashtra / Magnolia A B and C

Completed No litigation declared Residential / Group Housing project

Magnolia A B and C

By MACROTECH DEVELOPERS LIMITED

RG-MH-02990 · RERA P51700020197 · Last updated on MahaRERA portal: 19 Oct 2024

Source: official MahaRERA filing

Red flags

  • 1 extension taken

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA
  • All 1 earlier projects delivered on promise

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.

See what the report covers Free either way: or have every new Thane registration emailed to you, free during the pilot beta.
Nov 2023Possession promisedregistration recorded completed
27 of 33Construction stages doneacross 3 buildings; furthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 64 documents Report an error

Magnolia A B and C is a Residential / Group Housing project by MACROTECH DEVELOPERS LIMITED in Thane, Maharashtra, registered with MahaRERA as P51700020197 on 29 Mar 2019. The registration is recorded completed; possession was promised by 28 Nov 2023.

At a glance

Project

  • NameMagnolia A B and C
  • TypeResidential / Group Housing
  • Location
    • -
    • Bhiwandi
    • Anjur
    • Thane
    • 421302
  • Pincode421302
  • RERA no.P51700020197
  • ReraGenie IDRG-MH-02990

Builder

  • NameMACROTECH DEVELOPERS LIMITED
  • Entity typeCompany
  • CINL45200MH1995PLC093041
  • GSTIN27AAACL1490J1ZG
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • ChairpersonsRAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA, RAJENDRA LODHA and 1 more
  • Other registrations140 more →
  • Completed126 of 141
  • No longer live13 lapsed, de-registered or revoked
  • Declared earlier projects6 →

Key dates

this monthRegisteredMar 2019PromisedNov 2023Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on29 Mar 2019
  • Promised completion28 Nov 2023
  • Revised completionNone
  • Buildings3 building records
  • Documents filed64 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Wing ANA150000
Wing BNA150000
WIng CNA150000

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 building3

As on 19 Oct 2024, 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.

27 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Podiums (if any), at 0%.

Wing A82%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.100%
Wing B82%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.100%
WIng C82%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.100%

Progress on shared amenities15

As on 19 Oct 2024, 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes100%

Parking filed168

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 slots168
Closed/Covered168
BuildingClosed/CoveredTotal
Wing A8484
Wing B8484

Land and ownership

MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area4,910 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI30590.13
Proposed, not sanctioned27,809 sq m
Buildings approved3
Buildings sanctioned3

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 branchCommercial Branch,Mumbai

Certifying professionals and partners5

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

RoleName
ArchitectVILAS DESAI & ASSOCIATES
EngineerK C SHAH CONSULTANTS
Chartered AccountantB B JAIN & ASSOCIATES
Chartered AccountantMSKA & ASSOCIATES
Chartered AccountantChirag Sarvaiya & Co
PartnerRole in project
LODHA DEVELOPERS LIMITED-

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51700012528Nov 2023 → Nov 2024

Reason as filed by the promoterDue to delay in Launch

Complaints filed with MahaRERA

No complaints on record against this registration.

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 26 Mar 2019
  2. Layout approvalOn the file

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

    uploaded 26 Mar 2019
  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 26 Mar 2019
  4. Commencement CertificateOn the file

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

    uploaded 26 Mar 2019Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateOn the file

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    uploaded 21 Mar 2024

Documents filed64

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.

DocumentUploaded
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: P51700020197 - Upper Thane - Magnolia A to C.pdf19 Oct 2024
Disclosure of sold/ booked inventoryFile: Sold Unsold - Upper Thane Magnolia A B C - P51700020197 - March 24.pdf28 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Upper Thane Magnolia A B C - P51700020197 - Project Close.pdf21 Mar 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC dated 31 03 2021 - Magnolia A B 1st.pdf21 Mar 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Magnolia C.pdf21 Mar 2024
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 - Upper Thane Magnolia A B C - P51700020197.pdf21 Mar 2024
Disclosure of sold/ booked inventoryFile: Upper Thane Magnolia A B C - P51700020197 - Sold Unsold - Dec23.pdf27 Feb 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1 - Upper Thane Magnolia A B C - P51700020197 - Dec23.pdf26 Feb 2024
Disclosure of sold/ booked inventoryFile: Upper Thane Magnolia A B C - P51700020197.pdf7 Dec 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Upper Thane Magnolia A To C - Form1 - Sep23.pdf21 Nov 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Upper Thane - Magnolia A to C.pdf16 Oct 2023
Disclosure of sold/ booked inventoryFile: Magnolia A B C - March23.pdf22 Jul 2023
Disclosure of sold/ booked inventoryFile: Magnolia A B C - June23.pdf22 Jul 2023
Certificates of CA (Form 3)File: 2120_001.pdf22 Jul 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 10 Upper Thane Magnolia A B C.pdf26 Apr 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf12 Nov 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf29 Aug 2022
Certificates of CA (Form 3)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf10 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf30 Jun 2022
Disclosure of sold/ booked inventoryFile: Upper Thane Magnolia A B C.pdf27 Dec 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 98 UPPER THANE MAGNOLIA A TO C.pdf17 Dec 2021
Certificates of CA (Form 3)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf15 Dec 2021
Form 2AFile: 178 UPPER THANE MAGNOLIA A TO C.pdf18 Nov 2021
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 93_Magnolia A B C.pdf15 Oct 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: 34 Upper Thane - Magnolia A To C.pdf15 Oct 2021
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 98 UPPER THANE MAGNOLIA A TO C.pdf14 Oct 2021
Disclosure of sold/ booked inventoryFile: P51700020197.pdf14 Oct 2021
Certificates of CA (Form 3)File: 85 UPPER THANE - MAGNOLIA A TO C.pdf9 Oct 2021
Form 2AFile: Vipul Pandya Conso[082-084].pdf11 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: 35 Upper Thane Mangolia A to C.pdf27 Oct 2020
Form 2AFile: Upper Thane Magnolia A to C.pdf25 Aug 2020
Annual Audit Report of Statutory CA (Form 5)File: Upper Thane Mangolia A to C.pdf1 Oct 2019
Form 2AFile: UT Magnolia A B C.pdf17 Jun 2019
OtherFile: LDL to MDL.pdf28 May 2019
Layout approvalFile: LAYOUT.pdf26 Mar 2019
Building plan approvalFile: Sheet 39 to 41 - T Building-8TH 13TH REFUGE (SHEET NO 41).pdf26 Mar 2019
Building plan approvalFile: Sheet 39 to 41 - T Building-GROUND (SHEET NO 39.pdf26 Mar 2019
Building plan approvalFile: Sheet 39 to 41 - T Building-TYP(SHEET NO 40).pdf26 Mar 2019
Building plan approvalFile: Sheet 42 to 46 - L Building-1ST TERRACE (SHEET 46).pdf26 Mar 2019
Building plan approvalFile: Sheet 42 to 46 - L Building-8TH REFUGE (SHEET 44).pdf26 Mar 2019
Building plan approvalFile: Sheet 42 to 46 - L Building-13TH REFUGE (SHEET 45).pdf26 Mar 2019
Building plan approvalFile: Sheet 42 to 46 - L Building-GROUND (SHHET 42).pdf26 Mar 2019
Building plan approvalFile: Sheet 42 to 46 - L Building-TYPICAL (SHEET 43).pdf26 Mar 2019
Copy of the legal title reportFile: 3a Anjur TR-1-41_compressed.pdf26 Mar 2019
Copy of the legal title reportFile: 3a Anjur TR-41-83_compressed.pdf26 Mar 2019
Copy of the legal title reportFile: 3b Anjur - First Supplemental Report on Title dated.pdf26 Mar 2019
Copy of the legal title reportFile: 3c Upper Thane - Supplemental Report on Title.pdf26 Mar 2019
Details of encumbrancesFile: 0360_001_Mang.pdf26 Mar 2019
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 39 to 41 - T Building-8TH 13TH REFUGE (SHEET NO 41).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 39 to 41 - T Building-GROUND (SHEET NO 39.pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 39 to 41 - T Building-TYP(SHEET NO 40).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 42 to 46 - L Building-1ST TERRACE (SHEET 46).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 42 to 46 - L Building-8TH REFUGE (SHEET 44).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 42 to 46 - L Building-13TH REFUGE (SHEET 45).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 42 to 46 - L Building-GROUND (SHHET 42).pdf26 Mar 2019
Building Plan Approval (IOD)File: Sheet 42 to 46 - L Building-TYPICAL (SHEET 43).pdf26 Mar 2019
Commencement Certificates / NA Order for plotted developmentFile: CC-1-5_compressed.pdf26 Mar 2019
Commencement Certificates / NA Order for plotted developmentFile: CC-6-10_compressed.pdf26 Mar 2019
Declaration in FORM BFile: Magnolia.pdf26 Mar 2019
Certificates of CA (Form 3)File: Magnolia.pdf26 Mar 2019
Proforma of Allotment letterFile: ATS-1-17.pdf26 Mar 2019
Proforma of Allotment letterFile: ATS-18-34.pdf26 Mar 2019
Proforma of Allotment letterFile: Allotment Letter Final.pdf26 Mar 2019

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.

1 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
LODHA PARKP51900001339.2,210Jul 2017CompletedDec 2023Registered original: Dec 2021Feb 2022

How this compares with Thane

24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is completed

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane 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.

Keep Magnolia A B and C on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

How alerts work

Other projects near Bhiwandi7,600+ in Thane

Builder: MACROTECH DEVELOPERS LIMITED

Macrotech Developers Limited has 141 registrations on MahaRERA, including LODHA BELMONDO ASHBRIDGE D, E and LODHA BELMONDO AUGUSTA B. Its filings disclose 6 earlier MahaRERA projects: declares 5 of 6 past projects completed on time. Litigation is declared on 2 of its registrations. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if Magnolia A B and C is delayed beyond 28 Nov 2023?

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 Magnolia A B and C?

The registered promoter entity is MACROTECH DEVELOPERS LIMITED, a company as per the filing. Its CIN L45200MH1995PLC093041 and GSTIN 27AAACL1490J1ZG 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 Magnolia A B and C?

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 current is the construction progress shown for Magnolia A B and C?

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 Magnolia A B and C?

The professionals named in the filing: Architect: VILAS DESAI & ASSOCIATES; Engineer: K C SHAH CONSULTANTS; Chartered Accountant: B B JAIN & ASSOCIATES; Chartered Accountant: MSKA & ASSOCIATES; Chartered Accountant: Chirag Sarvaiya & 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 Magnolia A B and C?

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.

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.

Get the buyer report · Rs 499 See a real one first

Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.

Report an error Share feedback

Report an error or share feedback

About Magnolia A B and C. Everything on this page comes from what the promoter filed on MahaRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Magnolia A B and C to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.