Home / Browse projects / Thane, Maharashtra / Magnus Height
Magnus Height
RG-MH-46817 · RERA P51700009102 · Last updated on MahaRERA portal: 16 Mar 2023
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 34 months past the filed date
- 1 complaint at MahaRERA
- Completion date moved by 48 months
- 3 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
5 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.
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Magnus Height is a Residential / Group Housing project by Silver Line Constructions in Thane, Maharashtra, registered with MahaRERA as P51700009102 on 19 Aug 2017. Possession was promised by 31 Dec 2023 and is now 34 months past that date. The completion date has moved by 48 months from the original filing. 1 complaint is on record with the regulator.
At a glance
Project
- NameMagnus Height
- TypeResidential / Group Housing
- Location
- Thane (M Corp.)
- Thane
- 400612
- Pincode400612
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700009102
- ReraGenie IDRG-MH-46817
Builder
- NameSilver Line Constructions
- Entity typePartnership
- PartnersArif Hussain Nizamuddin Haidery, Imtiyaz Gulamnabi Peerzada, Iqbal Mukhtar Sardar
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on19 Aug 2017
- Promised completion31 Dec 2023
- Revised completionRevised to 31 Dec 2023 (originally 31 Dec 2019)
- Buildings1 building record
- Documents filed34 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Magnus Heights | NA | 14 | 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 16 Mar 2023, 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.
6 of 11 construction stages are filed complete. The stage furthest along is Stilt Floor, at 90%.
Magnus Heights: 67% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 90% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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. | 50% |
Progress on shared amenities15
As on 16 Mar 2023, 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 | 100% |
| Water Supply | Yes | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 25% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 90% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 50% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 30% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed23
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Mahendra S Patil |
| Partner | Role in project |
|---|---|
| Silver Line Constructions | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter1. Due to covid-19 Labors are not available as they are mostly from migrant category, so the completion of work is incomplete as compared to what we have predicted at the time of RERA registration. 2. Statutory permissions/clearances from various authorities are pending. We seek to apply for these permissions with various statutory departments and hence, we request you to kindly grant us an extension of two year that is from 31.12.2019 to 31.12.2021. 3. We undertake to comply with all the Statutory Compliances with respect to MahaRERA during the extended period.
Reason as filed by the promoterDue to covid-19 Labors are not available as they are mostly from migrant category, so the completion of work is incomplete as compared to what we have predicted at the time of RERA registration. Also statutory permissions/clearances from various authorities are pending. We seek to apply for these permissions with various statutory departments.
Reason as filed by the promoter1. Due to COVID-19 pandemic, the regular flow of work is hampered on account of unavailability of labour on regular basis. 2. Lack of manpower and labour supply post covid time. Most of the North Indian labourers were away and hence we had a very bad time to re establish the work momentum.
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000057311 | jawed alam | silverline construction | 14/12/2018 |
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 2 Aug 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 2 Aug 2017 - 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 Aug 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Oct 2018Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed34
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 |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Magnus_Height_Rera_Audit_FY20-21.pdf | 16 Mar 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Magnus_Height_Rera_Audit_FY2021-22.pdf | 16 Mar 2023 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to Finance-Magnus Height.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: details of encumbrances concerned to Legal-Magnus Height.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to Finance-Magnus Height.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to Finance-Magnus Height.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to LegalFile: details of encumbrances concerned to Legal-Magnus Height.pdf | 16 Feb 2023 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to Finance-Magnus Height.pdf | 16 Feb 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate Bank Account Declaration-Magnus Height.pdf | 16 Feb 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation of Allotment Letter-Magnus Height.pdf | 16 Feb 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation for AFS-Magnus Height.pdf | 16 Feb 2023 |
| Declaration about Commencement CertificateFile: Circular No 32 of 2021_Form D.pdf | 5 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Archtect Completion Letter086.pdf | 5 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect_compressed.pdf | 5 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FAIZAN FORM2A.pdf | 5 Aug 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FAIZAN FORM2A.pdf | 5 Aug 2021 |
| Disclosure of sold/ booked inventoryFile: FCircular No 29 of 2021.pdf | 5 Aug 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: magnus form 5.pdf | 5 Aug 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 MAGNUS.pdf | 5 Aug 2021 |
| Certificates of CA (Form 5)File: magnus form 5.pdf | 30 Sep 2019 |
| Certificates of CA (Form 5)File: FORM 5.pdf | 13 Feb 2019 |
| PAN CardFile: PANCARD.pdf | 13 Oct 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Magnus Height.pdf | 13 Oct 2018 |
| Layout approvalFile: MYSCAN_20170802_0002.PDF | 2 Aug 2017 |
| Building plan approvalFile: MYSCAN_20170802_0001.PDF | 2 Aug 2017 |
| Copy of the legal title reportFile: Title1.pdf | 2 Aug 2017 |
| Copy of Layout Approval (in case of layout)File: MYSCAN_20170802_0002.PDF | 2 Aug 2017 |
| Building Plan Approval (IOD)File: MYSCAN_20170802_0001.PDF | 2 Aug 2017 |
| Details of encumbrancesFile: Encumbrances- MH-1.pdf | 1 Aug 2017 |
| Declaration in FORM BFile: Affidavit- mh-1.pdf | 1 Aug 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Cer -Magnus-1.pdf | 1 Aug 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate .pdf | 1 Aug 2017 |
| Certificates of CA (Form 3)File: c a certificate Magnus Height.pdf | 1 Aug 2017 |
| Proforma of Allotment letterFile: Agreement for Sale-Magnus Height.pdf | 1 Aug 2017 |
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Buyer report
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Builder: Silver Line Constructions
Silver Line Constructions has 1 registration on MahaRERA, including Magnus Height. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What does it mean that Magnus Height shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if Magnus Height is delayed beyond 31 Dec 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 Magnus Height?
The registered promoter entity is Silver Line Constructions, a partnership 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 Magnus Height?
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 Magnus Height?
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 Magnus Height?
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 Magnus Height?
The professionals named in the filing: Architect: Mahendra S Patil. 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 Magnus Height?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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