MARVEL AQUANAS

Delivery & Registration

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.

• NCLT / insolvency — the promoter is (or was) before the NCLT for insolvency — the gravest RERA flag; buyer money and possession are at real risk.
• Filing progress reports — 27 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Marvel Realtors And is the promoter of record on 54 projects, of which 32 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.

Sales & Inventory

Of 82 homes filed with MahaRERA, 76 are sold/booked (62 with registered agreements + 14 booked) and 6 remain available (~93% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹184.59 Cr in agreement value so far. Of that, ₹135.18 Cr (~73%) is already collected, ₹49.41 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 76 registered agreements, the effective carpet rate is ₹11,198/sqft (typical range ₹10,165–₹12,620) — 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:

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+25 and 82 homes are registered across the project.

Unit mix on the filing: 82 residential.

Complaints & Orders

22 complaints are on the MahaRERA record for this project, with orders passed in 22. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

⚠ A co-operative housing society is the complainant here (Marvel Aquanas Cooperative Housing Society Limited through secretary) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

Location, Land & Connectivity

Located at KHARADI, S.No. 69 / 4 (P) + S.No. 69 / 5 (P), Pune City, Pune, 411014. Per the filed land record, the plot is bounded to the north by AMENITY AREA, to the south by 30 MTR DP ROAD, to the east by PLOT BOUNDARY and to the west by PLOT BOUNDARY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

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.

Builder track record

Marvel Realtors AND Developers LTD is the promoter on 7 MahaRERA-registered projects, of which 7 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

• Marvel Cerise Bldg-A — Developer in insolvency (NCLT)
• Marvel Cerise Bldg B, C, D — Developer in insolvency (NCLT)
• Marvel Aquanas — Developer in insolvency (NCLT)
• Marvel Aurum — Developer in insolvency (NCLT)
• Marvel Brisa — Developer in insolvency (NCLT)
• Marvel Fuego — Developer in insolvency (NCLT)

See every Marvel Realtors AND Developers LTD project & its RERA track record →

Other flagged projects by Marvel Realtors AND Developers LTD

Other RERA-registered projects in Kharadi

Major developers building in Kharadi

Other RERA-registered projects in Pune

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.