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Detailed Report

Magus City Tower 2 Lunar

P51700077802 · MahaRERA · https://gethorizon.in/projects/magus-city-tower-2-lunar-kon-ct-bhiwandi-91qa0uez

01

Complete project overview

MahaRERA · Registration filing
Units
323 units
Floors
20
Buildings
2
Parking
281 spaces
Land area
4,316 sq m
Sanctioned built-up
17,358 sq m

Timeline

RERA registeredNov 2024
Proposed completionDec 2028
TodaySep 2026
Construction progress
Basement (if any)0%
Podiums0%
Flat fit-out0%
Solid Waste Manage…0%
Energy managemcnt0%
External finishes1%
OC-readiness1%
Street Lighting1%
Water Supply15%
Fire protection an…15%
Landscaping & Tree…20%
Internal finishes21%
Treatment And Disp…35%
Superstructure40%
Stairs & lifts40%
Internal Roads & F…40%
Sewerage (Chamber,…50%
Storm Water Drains60%
Community Building…65%
Electrical meter r…70%
Excavation100%
Plinth100%
Stilt floor100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

Magus Infra Tech Private Limited

CompanyPromoter type
Mumbai Suburban, MAHARASHTRABased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Magus City Tower 2 Lunar

Magus City Tower 2 Lunar

this project
Residential / Group Housing
Nov 2024registered
Dec 2028target completion
323 flats17,358 sq m

The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location

MahaRERA · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 130 new projects last year
  • 1,501 nearby projects
1 km radius · coordinates as filed · 19.2560, 73.1054 · © OpenStreetMap contributors
Village
kon (CT)
Taluka
Bhiwandi
District
Thane
Pincode
421311
Survey no.
Plot No - 1
North boundary
22M Wide Road
East boundary
9M Wide Internal Road
South boundary
Open Space
West boundary
ESQ 2
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 907m away · Clinic within 2km
LifestylePark 1.9km away
ShoppingNo supermarket within 2km
Getting around
Expressway 691 m · Kalyan RoadPrimary road 1.9 km · Kalyan BypassRailway line 2.9 km · Central LineRailway station 3.4km away (Thakurli)Limited bus connectivity nearby
Water & environment
Water body 1.4 kmRiver 1.5 km · Ulhas
distances only — not a flood assessment
04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

The yearly satellite view ends in 2023 and this project started in 2024, so it does not cover this project's construction: the site was still open ground within ~37 m of the recorded location when the series ends. The 2026 image shows the site more recently.

Satellite view, year by year

loading 2023…

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~37 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Feb 2023
Mar 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~37 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • The yearly site view ends in 2023, before this project started in 2024.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹33,445per sq yd
₹40,000per sq m
Which rate
residential flat (built)
Matched to
The rate published for the village of “kon (CT)”.
In force
2026-2027 schedule
Spread
₹29,264 – ₹38,295 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
06

Planning authority

MahaRERA · Approved building plan

Maharashtra Industrial Development Corporation (MIDC)

Development Authority
Building Permit
Survey no. Plot No - 1
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Maharashtra Industrial Development Corporation (MIDC)

Metropolitan / development authority

Has approved 156 RERA projects — 0.8% of Maharashtra.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
118
On record
3,504 flats · 0 plots
Reach
9 districts
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by MahaRERA→

08

Other projects nearby

The register · within 25 km

2,761 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,501 projects the radar draws within 6 km — every kind, every stage — 587 are residential projects still under way. This list keeps only those, and looks further out.

8 projects within 1 km — showing the nearest 6.

110 m awayResidential / Group Housing

Magus City Tower 1 Selene

MAGUS INFRATECH PRIVATE LIMITED · kon · Bhiwandi

May 2022registered
Apr 2027target completion
Government Guidance Rate₹33,445/sq ydScale431 flatsAuthorityMahaRERA
Open the read
570 m awayResidential / Group Housing

Namo Maxima

VIREN KISHOR JAIN · kon · Bhiwandi

Oct 2023registered
Dec 2026target completion
Government Guidance Rate₹33,445/sq ydScale56 flatsAuthorityMahaRERA
Open the read
820 m awayResidential / Group Housing

Amruta Park

Cheroba Homes · kon · Bhiwandi

Mar 2023registered
Dec 2026target completion
Government Guidance Rate₹33,445/sq ydScale42 flatsAuthorityMahaRERA
Open the read
820 m awayMixed

THE LIVIN

SUPREME REALTY · kon · Bhiwandi

Apr 2024registered
Dec 2027target completion
Government Guidance Rate₹33,445/sq ydScale84 flatsAuthorityMahaRERA
Open the read
820 m awayOthers

SAI NIDA APARTMENT

PRASHANT WAGAJI GAWANDE · kon · Bhiwandi

Dec 2023registered
Dec 2026target completion
Government Guidance Rate₹33,445/sq ydScale35 flatsAuthorityMahaRERA
Open the read
820 m awayResidential / Group Housing

AAI MAULI PARK BUILDING B

HENDAR LAXMAN MHATRE · kon · Bhiwandi

Dec 2025registered
Dec 2027target completion
Government Guidance Rate₹33,445/sq ydScale30 flatsAuthorityMahaRERA
Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with MahaRERA, as the builder submitted it.
  2. 02Builder's track record
    • MahaRERA: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location
    • Address and pincode: the MahaRERA filing.
    • Coordinates: as filed with MahaRERA.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • Maharashtra IGR — Annual Statement of Rates.
  6. 06Planning authority
    • MahaRERA: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • MahaRERA's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/magus-city-tower-2-lunar-kon-ct-bhiwandi-91qa0uez.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.