MahaRERA Property Intelligence · Mumbai Suburban

MARATHON NEOVALLEY KAVERI WING A

P51800026955 · BHANDUP · promoter Nexzone Fiscal Services

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51800026955
Registered on07 Nov 2020
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Nexzone Fiscal Services is the promoter of record on 40 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~76.5% of the estimated project cost incurred as of the last certificate (₹22.74 Cr spent against a ₹29.73 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 269 homes filed with MahaRERA, 268 are sold/booked (257 with registered agreements + 11 booked) and 1 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹91.87 Cr in agreement value so far. Of that, ₹55.76 Cr (~61%) is already collected, ₹36.11 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 268 registered agreements, the effective carpet rate is ₹16,309/sqft (typical range ₹15,707–₹17,324) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1KVR-A-0106323 sqft (30.01 sqm)₹45.74 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+21 and 269 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MARATHON NEOVALLEY KAVERI WING A1G+21269-

Unit mix on the filing: 269 residential.

Complaints & Orders

3 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250299625/08/2025Jayashree Ganesh Shettigar vs M/S NEXZONE FISCAL SERVICES PVT LTDpending / no order on file
CC1250294821/08/2025Jayashree Ganesh Shettigar vs M/S NEXZONE FISCAL SERVICES PVT LTDpending / no order on file
SM1260034021/05/2026Bhakti Achrekar vs M/S NEXZONE FISCAL SERVICES PVT LTDorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Jun 202530 Jun 2027DEAR SIR Delay in receipt approval by the authority

Location, Land & Connectivity

Located at BHANDUP, NARDAS NAGAR BHANDUP, Kurla, Mumbai Suburban, 400078. Per the filed land record, the plot is bounded to the north by CTS NO 15 Pt, to the south by CTS NO 17 AND 21, to the east by CTS NO 14 pt and to the west by CTS NO 11. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

M/S Nexzone Fiscal Services PVT LTD is the promoter on 5 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 flagged projects by M/S Nexzone Fiscal Services PVT LTD

M/S Nexzone Fiscal Services PVT LTD
FlaggedMumbai Suburban
M/S Nexzone Fiscal Services PVT LTD
FlaggedMumbai Suburban
M/S Nexzone Fiscal Services PVT LTD
FlaggedMumbai Suburban
M/S Nexzone Fiscal Services PVT LTD
FlaggedMumbai Suburban

Other RERA-registered projects in Bhandup West

Shraddha Evoque
possession by Aug 2026 · Shraddha Landmark Private Limited
Primo
possession by Sep 2026 · Ceear Land Developers LLP
Aureate
possession by Dec 2026 · Beauty Ganraj Construction LLP
Fairmont
possession by Dec 2026 · Trident Ozone LLP
Neptune Eleve Wing A
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private
Neptune Eleve Wing B
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private

Major developers building in Bhandup West

Other RERA-registered projects in Mumbai Suburban

Marathon Neovalley Kaveri Wing B
possession by Jun 2027 · M/S Nexzone Fiscal Services PVT LTD
Marathon Neovalley Narmada Wing B
possession by Dec 2027 · M/S Nexzone Fiscal Services PVT LTD
Marathon Neovalley Narmada Wing C
possession by Dec 2029 · M/S Nexzone Fiscal Services PVT LTD
Marathon Zaver Arcade
declared completion Mar 2026 · United Builders
Marble Heights
declared completion Jun 2021 · Shree SAI Enterprises
Marble Park View
declared completion Jun 2024 · M.s. Realty

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: 27 Jul 2026