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Completed No litigation declared Commercial project

Mantra Magic Phase 3

By MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED

RG-MH-10103 · RERA P52100001231 · Last updated on MahaRERA portal: 27 Nov 2024

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

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

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 5 other registrations and every project registered within 2 km.

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Jan 2021Possession promisedregistration recorded completed
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 32 documents Report an error

Mantra Magic Phase 3 is a Commercial project by MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED in Pune, Maharashtra, registered with MahaRERA as P52100001231 on 27 Jul 2017. The registration is recorded completed; possession was promised by 31 Jan 2021.

At a glance

Project

  • NameMantra Magic Phase 3
  • TypeCommercial
  • Location
    • CHIMBALI
    • Khed
    • Pune
    • 410501
  • Pincode410501
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100001231
  • ReraGenie IDRG-MH-10103

Builder

  • NameMANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED
  • Entity typePartnership
  • PartnersMANTRA PROPERTIES AND DEVELOPERS PRIVATE LIMITED THROUGH ITS DIRECTOR ROHIT GHANSHYAM GUPTA, ASHISH SATISH GUPTA
  • Other registrations5 more →
  • Completed5 of 6
  • No longer live1 lapsed, de-registered or revoked

Key dates

this monthRegisteredJul 2017PromisedJan 2021Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on27 Jul 2017
  • Promised completion31 Jan 2021
  • Revised completionNone
  • Buildings1 building record
  • Documents filed32 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
D CommercialNA20000

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 27 Nov 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.

11 of 11 construction stages are filed complete.

D Commercial: 100% average across the applicable activities

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/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 27 Nov 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 managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Land and ownership50

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.

Land area95 sq m
Land owned byThe promoter, with other names on the file
Named landowners50
LandownerVillageDistrict
NARMADA NIVRUTTI BARGEChimbaliPune
RAJENDRA NIVRUTTI BARGEChimbaliPune
Sumitra Rajendra BargeChimbaliPune
Ishwar Rajendra BargeChimbaliPune
KANCHAN RAJENDRA BARGE THROUGH RAJENDRA BARGEChimbaliPune
SATISH NIVRUTTI BARGEChimbaliPune
PANDIT MURLIDHAR BARGEChimbaliPune
SHARDA PANDIT BARGEChimbaliPune
TUSHAR PANDIT BARGEChimbaliPune
RAHUL PANDIT BARGEChimbaliPune
SWATI ANIL RAKSHEChimbaliPune
SAMBHAJI MURALIDHAR BARGEChimbaliPune
MAYA SAMBHAJI BARGEChimbaliPune
SAGAR SAMBHAJI BARGEChimbaliPune
SUPRIYA SAMBHAJI BARGE THROUGH SAMBHAJI BARGEChimbaliPune
Jyoti Vikas RaksheChimbaliPune
Balasaheb Muralidhar BargeChimbaliPune
Renuka Balasaheb BargeChimbaliPune
Mayur Balasaheb Barge Through Balasaheb BargeChimbaliPune
Sandesh Balasaheb Bargethrough Balasaheb BargeChimbaliPune
Hiraman Muralidhar BargeChimbaliPune
Lata Horaman BargeChimbaliPune
Suraj Hiraman Barge through Hiraman BargeChimbaliPune
Dhiraj Hiraman Barge Through Hiraman BargeChimbaliPune
Yamunabai Parshuram BargeChimbaliPune
Maruti Prashuram BargeChimbaliPune
Vaishali Maruti BargeChimbaliPune
Tanaji Parshuram BargeChimbaliPune
Savita Tanaji BargeChimbaliPune
Ajay Tanaji Barge through Tanaji BargeChimbaliPune
Chetan Tanaji Barge through Tanaji BargeChimbaliPune
Manda Nandkumar GaikwadChimbaliPune
Sunita Hiraman SalunkheChimbaliPune
Gopal Dagadu BargeChimbaliPune
Krushnabai Gopal BargeChimbaliPune
Hanumant Gopal BargeChimbaliPune
Rupali hanumant bargeChimbaliPune
Dnyaneshwar Gopal BargeChimbaliPune
Vanita Dnyaneshwar BargeChimbaliPune
Rudraksha Dnyaneshwar Barge thrw Dnyaneshwar BargeChimbaliPune
Anita Sunil PhalkeChimbaliPune
Dattatray Dagadu BargeChimbaliPune
Nanda Dattatray BargeChimbaliPune
Pradeep Dattatray Barge through Dattatray BargeChimbaliPune
Pravin Dattatray BargeChimbaliPune
Monika Paravin BargeChimbaliPune
Shamabai Sudam RasalChimbaliPune
Vijay Sudam rasalChimbaliPune
Ajay Sudam RasalChimbaliPune
Dnyaneshwar Sudam rasalChimbaliPune

Approvals and building plan

Permissible FSI136.41
Proposed, not sanctioned136 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 branchSadashiv Peth Pune

Certifying professionals and partners1

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

RoleName
ArchitectDipesh Bhurat
PartnerRole in project
MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED-

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 22 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 22 Jul 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 23 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 22 Jul 2017Confirm 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 3 Aug 2020

Documents filed32

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: Mantra island home chimbli ph 3.pdf27 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Magic_Phase 3_21-22- 22-23.pdf25 Sep 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Magic_Phase 3_21-22- 22-23.pdf25 Sep 2023
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Ph 3.pdf13 Apr 2023
Architect’s Certificate on Completion of Project (Form 4)File: Form 4 Phase 3.pdf6 Mar 2023
Status of ConveyanceFile: Conveyance Deed Letter Mantra Magic Ph 3.pdf6 Mar 2023
Status of Formation of Legal Entity (Society/Co Op etc.)File: Society Formation - Commercial (1).pdf20 Sep 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: DEF COMPRESSED.pdf3 Aug 2020
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Mantra Magic Phase 3.pdf17 Dec 2019
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 MAGIC 1 PHASE 3.pdf15 Nov 2019
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: D 3rd Phase.pdf18 Dec 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: phase 4 (magic)-ilovepdf-compressed.pdf3 Dec 2018
Certificates of CA (Form 5)File: MS Mantra Island Homes Chimbli LLP phase 3.pdf23 Nov 2018
Details of encumbrancesFile: SBI_ NO DUES CERTIFICATE.pdf7 Sep 2018
Certificates of CA (Form 3)File: Mantra Magic Phase -3-ilovepdf-compressed.pdf10 Aug 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Magic phase 3 architect certificate.pdf31 Mar 2018
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: magic phase 3 engineering certificate.pdf31 Mar 2018
Building plan approvalFile: shop d floor.pdf23 Jul 2017
Details of encumbrancesFile: Magic phase 3 encumbrances.pdf23 Jul 2017
Building Plan Approval (IOD)File: shop d floor.pdf23 Jul 2017
Declaration in FORM BFile: Shop D Form B promoter.pdf23 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: PHASE 3 SHOP D architects certificate.pdf23 Jul 2017
Certificates of CA (Form 3)File: CA CERTIFICTE MAGIC 1 PHASE 3 FINAL.pdf23 Jul 2017
Layout approvalFile: SANCTIONED LAYOUT.PDF22 Jul 2017
Layout approvalFile: proposed development and services layout magic.pdf22 Jul 2017
PAN CardFile: Mantra Island Homes Chimbli LLP.pdf22 Jul 2017
Copy of the legal title reportFile: Additional Search Report.pdf22 Jul 2017
Copy of Layout Approval (in case of layout)File: SANCTIONED LAYOUT.PDF22 Jul 2017
Copy of Layout Approval (in case of layout)File: proposed development and services layout magic.pdf22 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate Chimbali P 1 .pdf22 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate D shop.pdf22 Jul 2017
Proforma of Allotment letterFile: Allotment letter.pdf22 Jul 2017

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is completed

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 CHIMBALI13,700+ in Pune

2 kmMantra Magic Phase 3Completed 27Lapsed / revoked 17Other 28Dot size: filed unitsN

Filed coordinates, straight-line distance. 72 registered projects within 2 km.

Builder: MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED

MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED has 6 registrations on MahaRERA, including Mantra Magic Phase 1 and Mantra Magic Phase 3. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if Mantra Magic Phase 3 is delayed beyond 31 Jan 2021?

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 Mantra Magic Phase 3?

The registered promoter entity is MANTRA ISLAND HOMES CHIMBLI PRIVATE LIMITED, 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 Mantra Magic Phase 3?

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 Mantra Magic Phase 3?

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 Mantra Magic Phase 3?

The professionals named in the filing: Architect: Dipesh Bhurat. 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 Mantra Magic Phase 3?

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.

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