Dhokali · Thane

Terraform K - Residences

MahaRERA P51700002673 · promoter Money Magnum Constructions

What registered buyers actually paid

₹20,077 – ₹27,500

per sq ft of carpet, agreement value

Covers 80% of 64 agreements filed with MahaRERA.i

Free example from the dataActual RERA data

Home

KR035

Carpet area

341 sq ft

Typical value

₹82 lakh

Homes of the same size₹75.1 lakh to ₹1.10 cr6 registered
See prices for 4 more homesEvery unit and floor, from the filings.Get the Sales Report, ₹2,999 →
On payment30-day refundMahaRERA source
Which home should I ask for?Get the Drawings Report₹4,999 · floor plans, approved drawings and what sits around each home.

Independent analysis · Quietlist · Bengaluru
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Free before you decide: the 14 things to get in writing before you book

Every item comes from a real RERA filing. Send it to the family group before anyone pays a token.

Read it here →

Delivery and registration

When is the project declared for completion?

Terraform K - Residences is registered with MahaRERA as P51700002673 and the promoter has declared completion for 05 May 2026.

05 May 2026

declared completion

4months past

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700002673
Registered on02 Aug 2017
Promoter-declared completion05 May 2026
Current statusCertificate Signed
Against todayabout 4 months past the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Terraform K - Residences record 36 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

Promoter record

What else is this promoter on record for?

Money Magnum Constructions is the promoter of record on 21 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

21projects

registered with MahaRERA

2flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Terraform K - Residences, ₹17.54 Cr of a declared ₹24.69 Cr estimated project cost is reported as incurred, about 71.0%, as at the last certified filing with MahaRERA.

71.0%

₹17.54 Cr

of ₹24.69 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Terraform K - Residences, 64 of 69 homes filed with MahaRERA are recorded as sold or booked (62 with registered agreements and 2 booked), about 93%, and 5 remain available.

93%sold

64 of 69 homes

₹40.86 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹38.73 Cr (about 95%) is recorded as collected and ₹2.13 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 64 registered agreements, the effective carpet rate is ₹23,000/sqft, with eight in ten falling between ₹20,077 and ₹27,500 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1KR1321,040 sqft (96.6 sqm)₹1.60 Cr
Ground/Floor 0KR0311,114 sqft (103.46 sqm)₹2.33 Cr
Ground/Floor 0KR032222 sqft (20.64 sqm)₹46.53 Lakh
Ground/Floor 0KR035341 sqft (31.64 sqm)₹71.32 Lakh
Ground/Floor 0KR037355 sqft (32.96 sqm)₹74.29 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 04 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 64 homes carry one, and 5 of the 69 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
KR035341 sqftRs 82.03 lakh typical, over Rs 75.09 lakh to Rs 1.1040 cr6 filed at this size

A filed consideration is what was registered for one {unit}. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the {unit} is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Terraform K - Residences, 2 of the 5 unsold homes have agreements filed on their own stack. The Sales Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 4 homes — ₹2,999 →

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+1 and 69 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Terraform K - Residences Project I1G+169-

Unit mix on the filing: 69 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Legal & Litigation

The promoter has declared 23 court cases on this project to MahaRERA. 10 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court Bombay3462011For Procurement Of Judgment
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7092013Closed
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7102013Closed
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 7112013Closed
District Consumer Disputes Redressal Forum ThaneConsumer Complaint No 6782014Closed
Supreme CourtSLP No 325702014Pending This Case Is Not Likely To Affect This Current Project Adversely
In The Court Of Civil Judge Senior Division ThaneSpecial Civil Suit No 4352016Closed
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 9892017Closed
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 102018Closed
National Consumer Forum DelhiFA/1246/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
National Consumer Forum DelhiFA/909/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
National Consumer Forum DelhiFA/910/20182018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 5782018Pending This Case Is Not Likely To Affect This Current Project Adversely
High Court Bombay57512018Closed
State Consumer Disputes Redressal Commission MaharashtraExecution on Application No 62/2018 in RBT/CC/17/14612018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraExecution on Application No 63/2018 in RBT/CC/17/14622018Pending This Case Is Not Likely To Affect This Current Project Adversely
State Consumer Disputes Redressal Commission MaharashtraConsumer Complaint No 6392019Pending This Case Is Not Likely To Affect This Current Project Adversely
Additional District And Sessions Judge Thane622020As Per Order Of Hon Bom Hc All Proceedings Between The Parties Pending Before Any Judicial Or Non Ju
High Court Bombay367/2021 and IA No 3120/20212021As Per Order Of Hon Bom Hc All Proceedings Between The Parties Pending Before Any Judicial Or Non Ju
Dy District Registrar Co Op Societies5762022Disposed Of
High Court BombaySt No 230352023Ongoing
High Court Bombay103502023Pending This Case Is Not Likely To Affect This Current Project Adversely
Deputy District Registrar Co Op Societies Thane802024Pending

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 4 times, as recorded on the register.

FromExtended toStated reason
as registered30 Mar 2025THE PROMOTERS OF THE COMPANY ARE SEEKING EXTENSION OF THE PROJECT DUE TO FOLLOWING REASONS:- 1. There was stay order by Court of Civil Judge, Thane in Regular Civil Suit c
30 Mar 202530 Sep 2025We hereby apply for an Extension of the project completion timeline for the Real Estate Project “Terraform K – Residences” having project Registration No. P51700002673 for 6 (Six)
30 Sep 202506 Nov 2025Explanation on Part Occupation Certificate issued by Thane Municipal Corporation: The Build No. 21 is comprises of Ground & First Floor as Commercial, 2nd Floor as Service Slab and
06 Nov 202505 May 2026Reason for Extension Application: To change the status of Project from “Laps” to “Active”, we are applying for Extension of Project. We hereby apply for an Extension of the Real

Location, Land & Connectivity

Located at DHOKALI, KOLSHET ROAD, Kurla, Mumbai Suburban, 400607. Per the filed land record, the plot is bounded to the north by Podium, to the south by Kolshet Road, to the east by Compound Wall shared with Blossom School and to the west by Compound Wall shared with Siddheshwar Garden. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~15 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park15 km
Andheri MIDC / SEEPZ16 km
Chhatrapati Shivaji Int'l Airport20 km
Bandra Kurla Complex (BKC)22 km
Lower Parel / Worli business district30 km
Nariman Point / Fort38 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 What I’d do as a buyer here · Drawings Report

The report opens with what this project really is — read from its approved drawings — then the specific calls: the cheapest good way to buy here, the home to say no to, what you can stop worrying about, and what to get in writing before you sign anything.

Unlock in the ₹4,999 report →

Site & infrastructure

What this project's sanctioned plan shows — read for you
Where the plan is legible, the full report reads this project's layout plan filed with MahaRERA and lays out what's on it: where the utilities and open space sit, how the site is laid out around them, and which way it faces. When a plan can't be read clearly, we tell you plainly rather than guess.
In the full report:Open space · Utilities · Orientation · Layout
See what the full read covers ↓or read a sample report first →

🔒 Which home to ask for · Drawings Report

The home-level read: which ones to prefer and which to avoid, what the drawings put around each, and the things on this site nobody at the sales desk will tell you about.

Unlock in the ₹4,999 report →

The approved drawings

42approved drawings on file
75other papers filed

Everything above is on this page already, free, from the government record. The drawings are different: the 42 approved sheets are the same drawings the builder filed to get Terraform K - Residences approved — what sits under each tower, which floor holds machines, what the sales sheet leaves out. Nobody reads them for you. We do.

What that turns up — from other projects’ filings:

ATS Knightsbridge · Sector 124, Noida

You pay for 10,000 sq ft. The floor inside your home is 6,982 sq ft. The rest is walls, shared circulation and services. Get both numbers written into your agreement before you pay any booking amount.

Oberoi Elysian · Goregaon East, Mumbai

“The building is complete.” The tower has reached full height — true. The same filed certificate, same page: sanitary fittings 6% done. Ask for a possession date in writing.

Godrej Aristocrat · Sector 49, Gurugram

Paying extra for the top floor? The terrace drawing shows what sits on the slab above those flats: the overhead water tanks, the lift machine rooms and the roof machinery. Ask which flat sits under which.

Prestige Camden Gardens · Thanisandra, Bengaluru

The approved parking table asks for 12 visitor spaces. It shows 0. Two-wheeler spaces: also 0. Ask in writing where visitors will park.

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Builder track record

Money Magnum Constructions is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other RERA-registered projects in Kolshet

Godrej Exquisite
possession by Sep 2026 · Godrej Macbricks Private Limited
Lodha Crown Kolshet-Tower 1
possession by Sep 2026 · Lodha Developers Limited
Odysseus
possession by Sep 2026 · Sagar Enterprise
Unique Vistas Mhada Building NO. 1,2,3
possession by Sep 2026 · Madhu Harshad Doshi
Unique Vistas Mhada Buildingno. 4 5 6 7
possession by Sep 2026 · Madhu Harshad Doshi
Daffodil
possession by Dec 2026 · Shree Tirupati Greenfield Developers

Major developers building in Kolshet

Other RERA-registered projects in Thane

Tesla - Building No.2
declared completion Dec 2025 · Raheja Universal Ltd.
Tetris Green Valley
declared completion Jun 2022 · Tetris Green Valley
Thakker Shraddha Kunj
possession by Dec 2026 · M/s Thakker World Constructions LLP
Thane Project
possession by Jul 2029 · Lodha Developers Limited
Thane Shivam Chs Ltd
possession by Dec 2026 · Mahesh Shriram Borkar
Thanekar BKC Paramount
possession by Dec 2028 · Thanekar Realtor LLP

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 10 Sep 2026