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MahaRERA Property Intelligence · Pune
P52100002377 · promoter Ribera Projects Llp
| MahaRERA registration | P52100002377 |
| Registered on | 31 Jul 2017 |
| Promoter-declared completion | 31 Dec 2025 |
| Current status | Certificate Signed |
| Against today | about 7 months past the declared date |
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.
MahaRERA's cost filing puts construction at ~83.6% of the estimated project cost incurred as of the last certificate (₹37.17 Cr spent against a ₹44.48 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. The declared completion date has already passed while the cost-incurred filing sits at ~83.6% — a wide gap between the promise and the money actually spent on site.
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.
Of 30 homes filed with MahaRERA, 19 are sold/booked (16 with registered agreements + 3 booked) and 11 remain available (~63% sold) — selling steadily. Buyers have committed ₹135.28 Cr in agreement value so far. Of that, ₹101.08 Cr (~75%) is already collected, ₹34.19 Cr receivable — a read on how far along these sales really are. Note: the project registers 37 homes in total, but this sold/unsold inventory filing covers only 30 of them — the other 7 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 19 registered agreements, the effective carpet rate is ₹19,686/sqft (typical range ₹16,173–₹35,502) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 101 | 1,887 sqft (175.33 sqm) | ₹2.51 Cr |
| Floor 1 | 102 | 2,711 sqft (251.9 sqm) | ₹3.60 Cr |
| Floor 1 | 103 | 1,887 sqft (175.33 sqm) | ₹2.51 Cr |
| Floor 13 | 1301 | 3,556 sqft (330.34 sqm) | ₹4.72 Cr |
| Floor 13 | 1302 | 3,934 sqft (365.51 sqm) | ₹5.23 Cr |
| Floor 14 | 1401 | 3,554 sqft (330.22 sqm) | ₹4.72 Cr |
| Floor 14 | 1402 | 3,546 sqft (329.44 sqm) | ₹4.71 Cr |
| Floor 16 | 1601 | 3,554 sqft (330.22 sqm) | ₹4.72 Cr |
| Floor 16 | 1602 | 3,543 sqft (329.19 sqm) | ₹4.71 Cr |
| Floor 3 | 301 | 1,887 sqft (175.31 sqm) | ₹2.51 Cr |
| Floor 5 | 501 | 1,887 sqft (175.31 sqm) | ₹2.51 Cr |
⚠ The inventory filing also declares: 7 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+19 and 37 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A | 1 | G+19 | 37 | - |
Unit mix on the filing: 37 residential.
9 complaints are on the MahaRERA record for this project, with orders passed in 8. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC005000000010505 | 08/11/2017 | CHEMRON TEXCHEM PRIVATE LIMITED vs MARVEL SIGMA HOMES PRIVATE LIMITED | order passed |
| CC005000000010528 | 06/11/2017 | Rustam Phiroze Mehta vs Marvel Dwellings Private Limited | order passed |
| CC005000000022205 | 16/11/2018 | Zarin Watson vs MARVEL DWELLINGS PRIVATE LIMITED | order passed |
| CC005000000054016 | 07/02/2020 | Zarin Watson vs ISIS CONSULTANCY SERVICES | order passed |
| CC12400357 | 07/10/2024 | Farah Zaheer Vakil vs RIBERA PROJECTS LLP | order passed |
| CC12400340 | 05/10/2024 | Dilrez Gopal vs RIBERA PROJECTS LLP | order passed |
| SM12500093 | 28/08/2025 | Ram Gawali vs RIBERA PROJECTS LLP | order passed |
| SM12500107 | 02/09/2025 | Ram Gawali vs RIBERA PROJECTS LLP | order passed |
| CC12601617 | 23/03/2026 | Wadhwa Group Holdings Private Limited vs RIBERA PROJECTS LLP | pending / no order on file |
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.
| From (declared) | To (revised) | Stated reason |
|---|---|---|
| 30 Sep 2024 | 31 Mar 2024 | Due to impact of COVID 2019 Project has been delayed. |
| 30 Sep 2024 | 29 Jun 2020 | Adverse market condition and money dismemberment issue form bank |
| 30 Jun 2019 | 30 Jun 2025 | 80% OF THE CONSTRUCTION IS COMPLETED. WE NEED EXTENSION TO COMPLETE THE REMAINING CONSTRUCTION OF THE PROJECT. |
| 30 Jun 2019 | 31 Dec 2025 | The construction work for the project has been completed up to 90%. Completion Certificate has already been received for 7 flats. To complete the balance 10% of the work and obtain |
Located at -, Ward ABCD, Mumbai City, 411001. Per the filed land record, the plot is bounded to the north by OPEN SPACE, to the south by AQUARIUS PLOT, to the east by PLOT BOUNDRY and to the west by PLOT BOUNDRY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~114 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Hinjewadi Rajiv Gandhi IT Park | 114 km |
| Baner–Balewadi belt | 119 km |
| Pune Junction / city centre | 129 km |
| Pune Int'l Airport (Lohegaon) | 130 km |
| Kharadi / EON IT Park | 134 km |
| Magarpatta / Hadapsar IT | 135 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.
🔒 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.
🔒 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.
Should you buy in Marvel Ribera A Building?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
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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