MahaRERA Property Intelligence · Mumbai Suburban

NARMADA PLAZA

PC1182022600182 · BHANDUP · promoter Nexzone Fiscal Services

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationPC1182022600182
Registered on18 Apr 2026
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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 ~11.6% of the estimated project cost incurred as of the last certificate (₹89.84 Lakh spent against a ₹7.76 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 15 homes filed with MahaRERA, 0 are sold/booked and 15 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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 1WING B -5267 sqft (24.83 sqm)₹47.30 Lakh
Floor 1WING B -6160 sqft (14.89 sqm)₹28.37 Lakh
Floor 1WING B -71,708 sqft (158.72 sqm)₹3.02 Cr
Floor 1WING B-1285 sqft (26.51 sqm)₹50.50 Lakh
Floor 1WING B-3156 sqft (14.5 sqm)₹27.62 Lakh
Floor 1WING B-4191 sqft (17.72 sqm)₹33.76 Lakh
Floor 2WING B -1285 sqft (26.51 sqm)₹50.50 Lakh
Floor 2WING B -2285 sqft (26.51 sqm)₹50.50 Lakh
Floor 2WING B -4191 sqft (17.72 sqm)₹33.76 Lakh
Floor 2WING B -6160 sqft (14.89 sqm)₹28.37 Lakh
Floor 2WING B-3156 sqft (14.5 sqm)₹27.62 Lakh
Floor 2WING B-5267 sqft (24.83 sqm)₹47.30 Lakh
Floor 2WING B-71,808 sqft (168 sqm)₹3.20 Cr
Ground/Floor 0WINC C-63107 sqft (9.93 sqm)₹18.92 Lakh
Ground/Floor 0WING B-40291 sqft (27.04 sqm)₹51.51 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+24 and 15 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BLDG. NO.1 WING B & C (PT)1G+2415-

Unit mix on the filing: 15 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 1 court case on this project to MahaRERA. 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
Hon'Ble High Court Bombay116732024Ongoing

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 MT. TEMBI PADA ROAD and to the west by ADJ. CTS NO. 17, 18. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Powai / Hiranandani business park4 km
Andheri MIDC / SEEPZ6 km
Chhatrapati Shivaji Int'l Airport9 km
Bandra Kurla Complex (BKC)11 km
Lower Parel / Worli business district20 km
Nariman Point / Fort27 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.

🔒 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

Narulla
possession by Jun 2028 · Majestic Royale Developers
Nasam Chambers
possession by Mar 2029 · Nasam Homes
Nasar Apartment Composite Building B Wing
declared completion Dec 2021 · M/s. Nasar Associates
Nasar Enclave Sale Building A And B Wing
declared completion Jun 2026 · M/s. Nasar Associates
Nasreen AND Halls View Apartment
possession by May 2027 · Grace RAJ Realtors
Natasha Atlantis
possession by Dec 2028 · Natasha Developers 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