MahaRERA Property Intelligence · Thane

MARATHON NEXTOWN JASPER

P51700049449 · DESAI VILLEGE · promoter Marathon Ener-Gen Llp

Certificate SignedDue 30 Dec 2028

Delivery & Registration

MahaRERA registrationP51700049449
Registered on14 Feb 2023
Promoter-declared completion30 Dec 2028
Current statusCertificate Signed
Against today29 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, Marathon Ener-Gen Llp is the promoter of record on 18 projects, of which none currently 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 ~48.5% of the estimated project cost incurred as of the last certificate (₹24.85 Cr spent against a ₹51.28 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 275 homes filed with MahaRERA, 188 are sold/booked (179 with registered agreements + 9 booked) and 87 remain available (~68% sold) — selling steadily. Buyers have committed ₹61.16 Cr in agreement value so far. Of that, ₹32.14 Cr (~53%) is already collected, ₹29.02 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 188 registered agreements, the effective carpet rate is ₹9,241/sqft (typical range ₹8,957–₹10,862) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+22 and 275 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MARATHON NEXTOWN JASPER1G+22275-

Unit mix on the filing: 261 residential and 14 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 3 court cases on this project to MahaRERA. 3 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Thane City Civil CourtM A 42 OF 20132013Pending
Bombay High Court1732019Pending
Thane City Civil Court8882017Pending

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
31 Dec 202730 Dec 2028Dear sir dealy in we have not launched project .

Location, Land & Connectivity

Located at DESAI VILLEGE, PADLEGAVON, Kurla, Mumbai Suburban, 421201. Per the filed land record, the plot is bounded to the north by INTERNAL DRIVE WAY, to the south by PODIUM, to the east by PODIUM and to the west by ADJOINING BLDG. 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

Marathon Ener-GEN LLP 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 Marathon Ener-GEN LLP

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Marathon Ener-GEN LLP
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Other RERA-registered projects in Dombivli East

Premsadan CHS
possession by Jul 2026 · Namrata Realtors
OM Trimurti Darshan
possession by Aug 2026 · Prachi Group
Pannash
possession by Aug 2026 · Technicon
Rashmi Priya CO-OP HSG SOC LTD
possession by Aug 2026 · Shree Riddhi Siddhi Infraproject
Mahalaxmi Ashish D Wing
possession by Sep 2026 · Swastik Enterprises
NAV Pratima CO. OP. Hsg. Soc. LTD
possession by Sep 2026 · Narendra Kalyanji Patel

Major developers building in Dombivli East

Other RERA-registered projects in Thane

Marathon Nextown Ruby
possession by Dec 2026 · Marathon Ener-GEN LLP
Marathon Nextown Sapphire
declared completion Jun 2024 · Marathon Ener-GEN LLP
Marathon Nexworld Aura-1
declared completion Dec 2023 · Matrix Enclaves Projects Dev. Pvt. LTD
Marathon Nexworld Aura-2
declared completion Jun 2024 · Matrix Enclaves Projects Dev. Pvt. LTD
Marathon Nexworld Aura-3
possession by Dec 2026 · Matrix Enclaves Projects Dev. Pvt. LTD
Marathon Nexworld Elara-1
declared completion Jun 2024 · Matrix Enclaves Projects Dev. 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: 27 Jul 2026