Mumbai/Project record

MahaRERA · the public record

MARATHON NEXZONE DAFFODIL - 1

PALASPE PHATA · SANVO RESORTS PVT. LTD.

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4units filed as unsoldInventory · 17 September 2026
30 Dec 2025declared completionMahaRERA registration · read 12 Jul 2026
141registered 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

30 Dec 2025

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 · P52000023254

Delivery and registration

When is the project declared for completion?

MARATHON NEXZONE DAFFODIL - 1 is registered with MahaRERA as P52000023254 and the promoter has declared completion for 30 Dec 2025.

30 Dec 2025

declared completion

9months past

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 registrationP52000023254
Registered on09 Dec 2019
Promoter-declared completion30 Dec 2025
Current statusCertificate Signed
Against todayabout 9 months past 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 NEXZONE DAFFODIL - 1 record 25 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 — 25 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Sanvo Resorts is the promoter of record on 69 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

69projects

registered with MahaRERA

3flagged

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 NEXZONE DAFFODIL - 1, ₹32.98 Cr of a declared ₹43.87 Cr estimated project cost is reported as incurred, about 75.2%, as at the last certified filing with MahaRERA.

75.2%

₹32.98 Cr

of ₹43.87 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 NEXZONE DAFFODIL - 1, 137 of 141 homes filed with MahaRERA are recorded as sold or booked (136 with registered agreements and 1 booked), about 97%, and 4 remain available.

97%sold

137 of 141 homes

₹65.77 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, ₹51.66 Cr (about 79%) is recorded as collected and ₹14.11 Cr as receivable.

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

What buyers actually paid: across 137 registered agreements, the effective carpet rate is ₹9,722/sqft, with eight in ten falling between ₹9,199 and ₹11,029 — 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 1DEFFO - 104420 sqft (39.02 sqm)₹35.75 Lakh
Floor 1DEFFO - 105590 sqft (54.84 sqm)₹50.25 Lakh
Floor 11DEFFO - 1407459 sqft (42.64 sqm)₹42.20 Lakh
Floor 11DEFFO - 1601459 sqft (42.64 sqm)₹42.20 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 17 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 137 homes carry one, and 4 of the 141 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
DEFFO - 104420 sqftRs 41.30 lakh typical, over Rs 38.58 lakh to Rs 55.26 lakh50 filed on this stack, floors 1–11

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 NEXZONE DAFFODIL - 1, every one of the 4 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 3 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+24 and 141 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MARATHON NEXZONE DAFFODIL - 11G+24141-

Unit mix on the filing: 141 residential.

Legal and disputes

What disputes are disclosed?

3 complaints are on the MahaRERA record for MARATHON NEXZONE DAFFODIL - 1, with orders passed in 0 of them.

3complaints

0with an order

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Complaint no.FiledPartiesStatus
CC1260077110/02/2026RAJESH NETAJI SHINDE vs SANVO RESORTS PVT. LTD.pending / no order on file
CC1260129210/03/2026Sakshi Sachin Nagavkar vs SANVO RESORTS PVT. LTD.pending / no order on file
CC1260306023/05/2026Sandeep Gopal Zinjad vs SANVO RESORTS PVT. LTD.pending / no order on file

Location, Land & Connectivity

Located at PALASPE PHATA, J N PT ROAD, Kurla, Mumbai Suburban, 410206. Per the filed land record, the plot is bounded to the north by MUMBAI URAN NATIONAL HIGHWAY NH 4B, to the south by NALLA, to the east by GUT NO 94 1 and to the west by NALLA. These are the boundaries as recorded in the filed land record.

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Builder track record

Sanvo Resorts Pvt. Ltd. is the promoter on 33 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).

See every Sanvo Resorts Pvt. Ltd. project & its RERA track record →

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Other RERA-registered projects in Panvel

Arihant Clan Aalishan Phase I
possession by Sep 2026 · Arihant Vatika Realty Private Limited
Balaji Heritage
possession by Sep 2026 · Buildfox Realty LLP
Delta Hills
possession by Sep 2026 · Shree Ganesh Enterprises
Delta Riviera
possession by Sep 2026 · Shreenathji Organisers Pvt. Ltd.
GAJ Oasis
possession by Sep 2026 · Shiv Builders AND Developers
Green View
possession by Sep 2026 · Siddhivinayak Developers

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Marathon Nexzone Daffodil - 2
declared completion Jun 2026 · Sanvo Resorts Pvt. Ltd.
Marathon Nexzone Phase 3_s6 Wing A
possession by Dec 2029 · Sanvo Resorts PVT LTD
Marathon Nexzone Phase 3_s6 Wing B
possession by Dec 2030 · Sanvo Resorts PVT LTD
Marathon Nexzone Phase 3_s6 Wing C
possession by Dec 2031 · Sanvo Resorts PVT LTD
Marathon Nexzone Phase 3_s6 Wing D
possession by Dec 2032 · Sanvo Resorts PVT LTD
Marathon Nexzone Plaza 2
possession by Dec 2026 · Sanvo Resorts 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