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SKYLINE MAGNUS
RG-MH-29857 · RERA P51800029825 · Last updated on MahaRERA portal: 12 Mar 2024
Source: official MahaRERA filing
Red flags
- Rs 17.00 crore secured on the land, in favour of Capri Global Capital Limited
- The declared charge does not appear in the CERSAI report on the 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
2 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 Mumbai Suburban registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
SKYLINE MAGNUS is a Residential / Group Housing project by SKYLINE VENTURES in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800029825 on 8 Jul 2021. The registration is recorded completed; possession was promised by 31 Dec 2024. 7 of the 32 units on this registration are recorded sold or booked, and 22 of 22 construction stages are filed complete.
At a glance
Project
- NameSKYLINE MAGNUS
- TypeResidential / Group Housing
- Location
- DERASAR LANE
- GHATKOPAR EAST
- Kurla
- Mumbai Suburban
- 400077
- Pincode400077
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800029825
- ReraGenie IDRG-MH-29857
Builder
- NameSKYLINE VENTURES
- Entity typePartnership
- GSTIN27ACDFS7114E1ZA
- PartnersJATIN VALJIBHAI DAISARIA, KARAN MANOJ DAISARIA, SKYLINE VISION PRIVATE LIMITED
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on8 Jul 2021
- Promised completion31 Dec 2024
- Revised completionNone
- Buildings2 building records
- Documents filed73 files
Current status
Figures as on 12 Mar 2024, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SKYLINE MAGNUS WING - A | NA | 13 | 0 | 13 | 0 | 13 |
| SKYLINE MAGNUS WING - B | NA | 13 | 0 | 19 | 0 | 19 |
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 building2
As on 12 Mar 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.
22 of 22 construction stages are filed complete across 2 buildings.
SKYLINE MAGNUS WING - A100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| 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. | 100% |
SKYLINE MAGNUS WING - B100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 12 Mar 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed74
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.
| Building | Closed/Covered | Total |
|---|---|---|
| SKYLINE MAGNUS WING - A | 36 | 36 |
| SKYLINE MAGNUS WING - B | 38 | 38 |
Land and ownership1
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| HARESHKUMAR AND CO | Kurla | Mumbai Suburban |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| SKYLINE MAGNUS WING - B | NA | Rs 12.34 cr | Rs 10.31 cr |
| SKYLINE MAGNUS WING - A | NA | Rs 6.86 cr | Rs 5.73 cr |
| - | NA | Rs 16.00 lakh | - |
Certifying professionals and partners8
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | DAISARIA ASSOCIATES |
| Architect | TALATI AND PARTNERS LLP |
| Architect | CLANCY GLOBAL |
| Architect | SACPL |
| Engineer | ASHISH PATOLE |
| Chartered Accountant | HITESH DEDHIA AND CO |
| Chartered Accountant | HAY and Associates |
| Chartered Accountant | Fofalia And Associates |
| Partner | Role in project |
|---|---|
| SKYLINE VENTURES | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 9188/2020 | HIGH COURT OF BOMBAY | BOTH PARTIES RENEGOTIATED THE TERMS OF DEVELOPMENT AND ALREADY EXECUTED CONSENT TERMS |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 14 Jun 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Jun 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Nov 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Jul 2023Confirm the Commencement Certificate covers the specific floor you are buying. - 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 26 Feb 2024
Documents filed73
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf | 12 Mar 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Skyline Magnus.pdf | 26 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 - Skyline Magnus as on Dec 2023.pdf | 18 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - Skyline Magnus as on Dec 2023.pdf | 18 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 - Skyline Magnus as on Dec 2023.pdf | 18 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- Skyline Magnus as on 30-09-2023.pdf | 28 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Skyline Magnus as on 30-09-2023.pdf | 28 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Skyline_Ventures_Q2_compressed.pdf | 28 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5- Skyline Magnus as on 2022-23.pdf | 27 Sep 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: Latest CC.pdf | 22 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - 20230720.pdf | 22 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 as on 30-06-2023.pdf | 22 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Skyline Ventures.pdf | 22 Jul 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A 2023033.pdf | 15 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - Skyline Magnus Mar 23.pdf | 2 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera_Form_3_31-03-2023_REVISED.pdf | 2 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 1 Annual Audit Report of Statutory CA (Form 5) (FY 2020-21) (1).pdf | 25 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Skyline Magnus Form 1.pdf | 12 Apr 2023 |
| Disclosure of sold/ booked inventoryFile: Circular 29- Skyline Magnus.pdf | 12 Apr 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A 2022 30062022.pdf | 27 Mar 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form_5_Skyline_Ventures 21-22.pdf | 27 Mar 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- Skyline Magnus_compressed.pdf | 7 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM -2 122022.pdf | 31 Jan 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 122022.pdf | 31 Jan 2023 |
| CERSAI detailsFile: Skyline Magnus.pdf | 24 Dec 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Skyline Magnus Form 2 as on September 2022.pdf | 4 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1- 092022.pdf | 1 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 092022.pdf | 1 Nov 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect Certificate 30062022_compressed.pdf | 16 Jul 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Full CC.pdf | 27 Apr 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 2022.pdf | 18 Apr 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 18 Apr 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A.pdf | 18 Apr 2022 |
| Proforma of Allotment letterFile: Agreement Final.pdf | 2 Apr 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: 20211126 FurtherCC_signed.pdf | 27 Nov 2021 |
| Building plan approvalFile: 1_compressed.pdf | 19 Nov 2021 |
| Building plan approvalFile: 2.pdf | 19 Nov 2021 |
| Building plan approvalFile: 3_opt.pdf | 19 Nov 2021 |
| Building plan approvalFile: 4_opt.pdf | 19 Nov 2021 |
| Building plan approvalFile: 5.pdf | 19 Nov 2021 |
| Building plan approvalFile: 6_opt_compressed.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 1_compressed.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 2.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 3_opt.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 4_opt.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 5.pdf | 19 Nov 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 6_opt_compressed.pdf | 19 Nov 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 20211021 Architect Certificate.pdf | 19 Nov 2021 |
| Details of encumbrancesFile: ENCUMBERENCE CERTIFICATE 20210629.pdf | 30 Jun 2021 |
| OtherFile: DECLARATION FOR Proposed plan 20210629.pdf | 30 Jun 2021 |
| Layout approvalFile: 20210616 Amendletter_signed.pdf | 18 Jun 2021 |
| Building plan approvalFile: 1.pdf | 18 Jun 2021 |
| Building plan approvalFile: 2.pdf | 18 Jun 2021 |
| Building plan approvalFile: 3.pdf | 18 Jun 2021 |
| Building plan approvalFile: 4.pdf | 18 Jun 2021 |
| Building plan approvalFile: 5.pdf | 18 Jun 2021 |
| Building plan approvalFile: 6-compressed.pdf | 18 Jun 2021 |
| Copy of Layout Approval (in case of layout)File: 20210616 Amendletter_signed.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 1.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 2.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 3.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 4.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 5.pdf | 18 Jun 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 6-compressed.pdf | 18 Jun 2021 |
| Declaration about Commencement CertificateFile: DECLARATION FOR Commencement Certificate.pdf | 18 Jun 2021 |
| Copy of the legal title reportFile: MahaRERA Title Report.pdf | 14 Jun 2021 |
| PAN CardFile: PAN Skyline Ventures.pdf | 3 May 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: FirstCC_signed.pdf | 3 May 2021 |
| Declaration in FORM BFile: Form B.pdf | 3 May 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form - 1 Architects Certificate.pdf | 3 May 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form - 2 Engineers Certificate.pdf | 3 May 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM - 3 CA CERTIFIATE-compressed.pdf | 3 May 2021 |
| Proforma of Allotment letterFile: Declaration for agreement and allotment ltr.pdf | 3 May 2021 |
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Buyer report
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- All 73 filed documents as one ZIP, foldered, with a manifest
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Builder: SKYLINE VENTURES
SKYLINE VENTURES has 1 registration on MahaRERA, including SKYLINE MAGNUS. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if SKYLINE MAGNUS is delayed beyond 31 Dec 2024?
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 SKYLINE MAGNUS?
The registered promoter entity is SKYLINE VENTURES, a partnership as per the filing. Its GSTIN 27ACDFS7114E1ZA 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 SKYLINE MAGNUS?
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 SKYLINE MAGNUS?
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 SKYLINE MAGNUS?
The professionals named in the filing: Architect: DAISARIA ASSOCIATES; Architect: TALATI AND PARTNERS LLP; Architect: CLANCY GLOBAL; Architect: SACPL; Engineer: ASHISH PATOLE; Chartered Accountant: HITESH DEDHIA AND 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 SKYLINE MAGNUS?
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.
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