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Registration lapsed No litigation declared Residential / Group Housing project

Magnus Height

By Silver Line Constructions

RG-MH-46817 · RERA P51700009102 · Last updated on MahaRERA portal: 16 Mar 2023

Source: official MahaRERA filing

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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Dec 2023Possession promised34 months past this date
6 of 11Construction stages donefurthest along: Stilt Floor, 90%
1Complaints at MahaRERAon this registration
Jump to the 34 documents Report an error

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

34 months past promisethis monthRegisteredAug 2017First promiseDec 2019Revised toDec 2023

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

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Magnus HeightsNA140000

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

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth0%
Stilt Floor90%
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.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 facilityProposedProgress
Internal Roads & FootpathsYes100%
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes25%
Landscaping & Tree PlantingYes100%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes90%
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes50%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes30%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

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.

Total parking slots23
Closed/Covered16
Open Space7

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 area1,492 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI2345.61
Proposed, not sanctioned1,472 sq m
Buildings approved1
Buildings sanctioned1

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 branchKausa Mumbra

Certifying professionals and partners1

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

RoleName
ArchitectMahendra S Patil
PartnerRole 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.

EXT51700006207Dec 2019 → Jun 2021

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.

EXT51700010394Dec 2019 → Jun 2022

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.

EXT51700015227Dec 2019 → Dec 2023

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.ComplainantRespondentFiled
CC006000000057311jawed alamsilverline construction14/12/2018

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.

  1. Legal title reportOn the file

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

    uploaded 2 Aug 2017
  2. Layout approvalOn the file

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

    uploaded 2 Aug 2017
  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 Aug 2017
  4. 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.
  5. 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.

DocumentUploaded
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Magnus_Height_Rera_Audit_FY20-21.pdf16 Mar 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Magnus_Height_Rera_Audit_FY2021-22.pdf16 Mar 2023
Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to Finance-Magnus Height.pdf16 Feb 2023
Details of encumbrances concerned to FinanceFile: details of encumbrances concerned to Legal-Magnus Height.pdf16 Feb 2023
Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to Finance-Magnus Height.pdf16 Feb 2023
Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to Finance-Magnus Height.pdf16 Feb 2023
Details of encumbrances concerned to LegalFile: details of encumbrances concerned to Legal-Magnus Height.pdf16 Feb 2023
Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to Finance-Magnus Height.pdf16 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.pdf16 Feb 2023
Deviation Report with respect to Allotment letterFile: Deviation of Allotment Letter-Magnus Height.pdf16 Feb 2023
Deviation Report with respect to model copy of AgreementFile: Deviation for AFS-Magnus Height.pdf16 Feb 2023
Declaration about Commencement CertificateFile: Circular No 32 of 2021_Form D.pdf5 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Archtect Completion Letter086.pdf5 Aug 2021
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect_compressed.pdf5 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FAIZAN FORM2A.pdf5 Aug 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FAIZAN FORM2A.pdf5 Aug 2021
Disclosure of sold/ booked inventoryFile: FCircular No 29 of 2021.pdf5 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: magnus form 5.pdf5 Aug 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 MAGNUS.pdf5 Aug 2021
Certificates of CA (Form 5)File: magnus form 5.pdf30 Sep 2019
Certificates of CA (Form 5)File: FORM 5.pdf13 Feb 2019
PAN CardFile: PANCARD.pdf13 Oct 2018
Commencement Certificates / NA Order for plotted developmentFile: CC Magnus Height.pdf13 Oct 2018
Layout approvalFile: MYSCAN_20170802_0002.PDF2 Aug 2017
Building plan approvalFile: MYSCAN_20170802_0001.PDF2 Aug 2017
Copy of the legal title reportFile: Title1.pdf2 Aug 2017
Copy of Layout Approval (in case of layout)File: MYSCAN_20170802_0002.PDF2 Aug 2017
Building Plan Approval (IOD)File: MYSCAN_20170802_0001.PDF2 Aug 2017
Details of encumbrancesFile: Encumbrances- MH-1.pdf1 Aug 2017
Declaration in FORM BFile: Affidavit- mh-1.pdf1 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Cer -Magnus-1.pdf1 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate .pdf1 Aug 2017
Certificates of CA (Form 3)File: c a certificate Magnus Height.pdf1 Aug 2017
Proforma of Allotment letterFile: Agreement for Sale-Magnus Height.pdf1 Aug 2017

How this compares with Thane

24%of Thane projects moved their completion datethis one moved by 48 months
23%of Thane registrations have lapsed or been cancelledthis one is among them

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.

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How alerts work

Other projects near Thane (M Corp.)7,600+ in Thane

2 kmMagnus HeightCompleted 33Lapsed / revoked 19Other 35Dot size: filed unitsN

Filed coordinates, straight-line distance. 87 registered projects within 2 km.

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.

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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