Mumbai/Project record

MahaRERA · the public record

MARATHON NEOVALLEY NARMADA WING B

BHANDUP · M/S NEXZONE FISCAL SERVICES PVT LTD

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12units filed as unsoldInventory · 19 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
216registered 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 2027

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 · P51800050264

Delivery and registration

When is the project declared for completion?

MARATHON NEOVALLEY NARMADA WING B is registered with MahaRERA as P51800050264 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

15months 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 registrationP51800050264
Registered on27 Mar 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today15 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 MARATHON NEOVALLEY NARMADA WING B record 14 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 — 14 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Nexzone Fiscal Services is the promoter of record on 40 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

40projects

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 MARATHON NEOVALLEY NARMADA WING B, ₹11.79 Cr of a declared ₹38.90 Cr estimated project cost is reported as incurred, about 30.3%, as at the last certified filing with MahaRERA.

30.3%

₹11.79 Cr

of ₹38.90 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 MARATHON NEOVALLEY NARMADA WING B, 204 of 216 homes filed with MahaRERA are recorded as sold or booked (197 with registered agreements and 7 booked), about 94%, and 12 remain available.

94%sold

204 of 216 homes

₹102.94 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, ₹42.08 Cr (about 41%) is recorded as collected and ₹60.87 Cr as receivable.

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

What buyers actually paid: across 204 registered agreements, the effective carpet rate is ₹16,830/sqft, with eight in ten falling between ₹16,233 and ₹17,671 — 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 16NMD-B-1606273 sqft (25.36 sqm)₹42.52 Lakh
Floor 16NMD-B-1607273 sqft (25.36 sqm)₹42.52 Lakh
Floor 16NMD-B-1609360 sqft (33.45 sqm)₹56.07 Lakh
Floor 17NMD-B-1704481 sqft (44.69 sqm)₹74.91 Lakh
Floor 18NMD-B-1804481 sqft (44.69 sqm)₹74.91 Lakh
Floor 3NMD-B-0304481 sqft (44.69 sqm)₹68.10 Lakh
Floor 3NMD-B-0305338 sqft (31.4 sqm)₹47.86 Lakh
Floor 3NMD-B-0306273 sqft (25.36 sqm)₹38.65 Lakh
Floor 3NMD-B-0307273 sqft (25.36 sqm)₹38.65 Lakh
Floor 6NMD-B-0604481 sqft (44.69 sqm)₹71.51 Lakh
Floor 9NMD-B-0906273 sqft (25.36 sqm)₹40.59 Lakh
Floor 9NMD-B-0907273 sqft (25.36 sqm)₹40.59 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 19 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 204 homes carry one, and 12 of the 216 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
NMD-B-1609360 sqftRs 60.93 lakh typical, over Rs 58.17 lakh to Rs 67.48 lakh39 filed on this stack, floors 3–22

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. 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 MARATHON NEOVALLEY NARMADA WING B, every one of the 12 unsold homes has agreements filed on its 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 11 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+22 and 216 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
NEOVALLEY NARMADA WING B1G+22216-

Unit mix on the filing: 216 residential.

Legal and disputes

What disputes are disclosed?

1 complaint is on the MahaRERA record for MARATHON NEOVALLEY NARMADA WING B, with orders passed in 1 of them.

1complaint

1with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
SM1260034222/05/2026Bhakti Achrekar vs M/S NEXZONE FISCAL SERVICES PVT LTDorder passed

Location, Land & Connectivity

Located at BHANDUP, TEMBHI PADA ROAD, Kurla, Mumbai Suburban, 400078. Per the filed land record, the plot is bounded to the north by ADJ CTS NO 13 15, to the south by ADJ CTS NO 20, to the east by 13 40 MTTEMBI PAPA ROAD and to the west by ADJ CTS NO 17 18. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Powai / Hiranandani business park5 km
Andheri MIDC / SEEPZ7 km
Chhatrapati Shivaji Int'l Airport10 km
Bandra Kurla Complex (BKC)12 km
Lower Parel / Worli business district20 km
Nariman Point / Fort28 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.

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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

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FlaggedMumbai Suburban
M/S Nexzone Fiscal Services PVT LTD
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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

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
Neptune Eleve Wing C
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 Narmada Wing C
possession by Dec 2029 · M/S Nexzone Fiscal Services PVT LTD
Marble Park View
declared completion Jun 2024 · M.s. Realty
Marble Saroj 56
possession by May 2030 · Jalaram Developer
Maredian Heights
declared completion Dec 2024 · Maredian Realtors Pvt. Ltd.
Marigold Aangan
declared completion Jun 2026 · Marigold Constructions
Marigold Miraaya
declared completion Jun 2025 · Marigold 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: 20 Sep 2026