Mumbai/Project record

MahaRERA · the public record

Icon 101

Bhayandar west · Marvel Constructions

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

114units filed as unsoldInventory · 20 September 2026
31 Dec 2029declared completionMahaRERA registration · read 12 Jul 2026
106registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2029

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700078788

Delivery and registration

When is the project declared for completion?

Icon 101 is registered with MahaRERA as P51700078788 and the promoter has declared completion for 31 Dec 2029.

31 Dec 2029

declared completion

39months to go

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 registrationP51700078788
Registered on13 Jan 2025
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today39 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Icon 101 record 4 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

  • Filing progress reports — 4 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Marvel Constructions is the promoter of record on 53 projects registered with MahaRERA, 31 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

53projects

registered with MahaRERA

31flagged

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 Icon 101, ₹22.75 Cr of a declared ₹70.00 Cr estimated project cost is reported as incurred, about 32.5%, as at the last certified filing with MahaRERA.

32.5%

₹22.75 Cr

of ₹70.00 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 Icon 101, 7 of 78 homes filed with MahaRERA are recorded as sold or booked, about 9%, and 71 remain available.

9%sold

7 of 78 homes

₹3.99 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, ₹2.33 Cr (about 58%) is recorded as collected and ₹1.67 Cr as receivable. The project registers 106 homes in total, while this sold/unsold inventory filing covers 78 of them.

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

What buyers actually paid: across 7 registered agreements, the effective carpet rate is ₹23,714/sqft, with eight in ten falling between ₹23,714 and ₹30,087 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

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 20 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 12 homes carry one, and 114 of the 126 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
101616 sqftRs 16,447 a sq ft typical, over Rs 16,223 to Rs 17,0924 filed at this size

A filed consideration is what was registered for one home. 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 home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Icon 101, 33 of the 114 unsold homes have agreements filed on their own stack. The Price Comparison 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 113 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+19 and 106 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Building1G+19106-

Unit mix on the filing: 91 residential and 15 non-residential (shops/offices).

Complaints

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

Location, Land & Connectivity

Located at Bhayandar west, Bhayandar, Thane, Thane, 401101. Per the filed land record, the plot is bounded to the north by Survey no 250, to the south by 9 mtr Existing Road, to the east by Shopping Center and to the west by Survey no 252. These are the boundaries as recorded in the filed land record.

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Other RERA-registered projects in Bhayander West

Saroj Chandra Krupa
possession by Oct 2026 · S C Associates
Chandanbala
possession by Dec 2026 · Hemant Sagarmal Jain
Dagdu Bua Heights
possession by Dec 2026 · Siddhivinayak Realty
Magic OM Heights
possession by Dec 2026 · Magic Shanti Developer
N G Silver Spring Phase III
possession by Dec 2026 · RNA Builders
Prabha Leela
Not filing quarterly progress reports · possession by Dec 2026 · Rudraksha Realty

Other RERA-registered projects in Thane

Icon Apartment
declared completion Mar 2026 · Icon Construction Builders & Develop
Ideal Park
declared completion Aug 2019 · Ideal Builder & Developers
Iflex Spaces
possession by Dec 2027 · RNV Developers Private Limited
Ikigai - Phase 1
possession by Dec 2031 · Puranik Tokyo Bay Private Limited
Ikigai Phase 2
possession by Dec 2030 · Puranik Tokyo Bay Private Limited
Immensa G
declared completion Dec 2025 · Agile Real Estate Pvt. Ltd.

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: 20 Sep 2026