MahaRERA Property Intelligence · Pune

Marvel Basilo A AND B Building

P52100001711 · Koregaon Park · promoter Marvel Sigma Homes

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52100001711
Registered on29 Jul 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Marvel Sigma Homes 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.

Construction Progress

MahaRERA's cost filing puts construction at ~35.8% of the estimated project cost incurred as of the last certificate (₹41.72 Cr spent against a ₹116.69 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 92 homes filed with MahaRERA, 39 are sold/booked (16 with registered agreements + 23 booked) and 53 remain available (~42% sold) — selling steadily. Buyers have committed ₹114.41 Cr in agreement value so far. Of that, ₹46.95 Cr (~41%) is already collected, ₹67.46 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 39 registered agreements, the effective carpet rate is ₹24,203/sqft (typical range ₹12,049–₹29,553) — 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+21 and 92 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A1G+217330 Dec 2021
B1G+211930 Dec 2021

Unit mix on the filing: 92 residential.

Complaints & Orders

9 complaints are on the MahaRERA record for this project, with orders passed in 9. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00500000001165921/06/2018Mrs. Kamakshi Laxman Matai vs Marvel Sigma Homes Private Limitedorder passed
CC00500000004369723/11/2019Ms Sapna Shetty vs Marvel Dwellings Private Limited now known as Marvel Sigma Homes Private Limitedorder passed
CC00500000005394315/01/2020SUNIL PARMANAND KEWALRAMANI vs MARVEL DWELLINGS PVT. LTD.order passed
CC00500000005399303/02/2020Kishore Ghanshyam Chandwany vs Marvel Dwellings Private Limited now known as Marvel Sigma Homes Private Limitedorder passed
CC00500000008558926/05/2021Gauri Dalmia vs Marvel Sigma Homes Private Limitedorder passed
CC00500000016734815/07/2022KAMEL MEHTA vs MARVEL DWELLINGS PVT. LTD.order passed
CC00500000017777607/11/2022SAMEER RAMESH SANGHVI vs MARVEL DWELLINGS PVT. LTD.order passed
CC1250204723/06/2025Bhavin Dinesh Manek vs MARVEL SIGMA HOMES PRIVATE LIMITEDorder passed
CC1250205023/06/2025Rachna Hiren Manek vs MARVEL SIGMA HOMES PRIVATE LIMITEDorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. 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
30 Dec 202130 Dec 2020Due to sanction issue
31 Dec 201931 Dec 2027Due to delays caused by material shortages, labor shortages, and insufficient funding, the project has been delayed. However, with the funding now available, we kindly request an e

Location, Land & Connectivity

Located at Koregaon Park, Lane No 5, Pune City, Pune, 411001. Per the filed land record, the plot is bounded to the north by PLOT BOUNDARY, to the south by PLOT BOUNDARY, to the east by OPEN SPACE 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 ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Pune Junction / city centre0 km
Magarpatta / Hadapsar IT6 km
Kharadi / EON IT Park7 km
Pune Int'l Airport (Lohegaon)7 km
Baner–Balewadi belt11 km
Hinjewadi Rajiv Gandhi IT Park16 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 →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Builder track record

Marvel Sigma Homes Private Limited is the promoter on 12 MahaRERA-registered projects, of which 12 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:

See every Marvel Sigma Homes Private Limited project & its RERA track record →

Other flagged projects by Marvel Sigma Homes Private Limited

Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune
Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune
Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune
Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune
Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune
Marvel Sigma Homes Private Limited
Developer in insolvency (NCLT)Pune

Other RERA-registered projects in Ghorpadi

IVY BY Vistaara Homes
possession by Jul 2026 · Vistaarahomes Realty LLP
Profitbay - BT Kawade Road
possession by Aug 2026 · Venturespro Projects LLP
Royal Glen
possession by Sep 2026 · Stargaze Buildcon
Ganga Bhagyoday E Bldg
possession by Dec 2026 · Legends County Landmark Pvt Ltd
Ganga Bhagyoday F Bldg
possession by Dec 2026 · Legends County Landmark Pvt Ltd
Ganga Bhagyoday Tower
possession by Dec 2026 · Legends County Landmark Pvt Ltd

Major developers building in Ghorpadi

Other RERA-registered projects in Pune

Marvel Bounty Building L
declared completion Dec 2022 · Marvel Sigma Homes Private Limited
Marvel Bounty J Building
declared completion Aug 2025 · Marvel Sigma Homes Private Limited
Marvel Bounty K Building
declared completion Dec 2019 · Marvel Sigma Homes Private Limited
Marvel Brisa
declared completion Mar 2019 · Marvel Realtors AND Developers LTD
Marvel Cascada C Building
declared completion Jun 2018 · Marvel Sigma Homes Private Limited
Marvel Cascada D Building
declared completion Oct 2019 · Marvel Sigma Homes Private Limited

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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.

Last checked against the RERA register: 27 Jul 2026