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Registered No litigation declared Residential / Group Housing project

Highfield Residency

By MARVEL PROPERTIES

RG-MH-59999 · RERA P51600051737 · Last updated on MahaRERA portal: 18 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations and every project registered within 2 km.

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Dec 2027Possession promisedno revision filed
4 of 11Construction stages donefurthest along: Internal walls, 90%
11 of 11Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 75 documents Report an error

Highfield Residency is a Residential / Group Housing project by MARVEL PROPERTIES in Nashik, Maharashtra, registered with MahaRERA as P51600051737 on 27 Jun 2023. Possession is promised by 31 Dec 2027. 0 of the 11 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.

At a glance

Project

  • NameHighfield Residency
  • TypeResidential / Group Housing
  • Location
    • Nashik Shiwar
    • Nashik
    • Nashik (M Corp.)
    • 422007
  • Pincode422007
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51600051737
  • ReraGenie IDRG-MH-59999

Builder

  • NameMARVEL PROPERTIES
  • Entity typePartnership
  • GSTIN27AAVFM3940Q1ZB
  • PartnersSAMEER VASANT RAKIBE, SUNIL KANTILAL BAPHANA
  • Other registrations3 more →
  • Completed2 of 4
  • No longer live1 lapsed, de-registered or revoked

Key dates

this monthRegisteredJun 2023PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on27 Jun 2023
  • Promised completion31 Dec 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed75 files

Current status

0%0 of 11 units booked
68.2%Work done, per cost certificate

Figures as on 18 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Highfield ResidencyNA6611011

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building1

As on 18 May 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.

Highfield Residency: 60% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises90%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks85%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.80%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities15

As on 18 May 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes50%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes50%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes25%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes25%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed24

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots24
Closed/Covered12
Open Space12

Land and ownership1

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area541 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on12 Feb 2026
LandownerVillageDistrict
Mr. Ramesh Narayan VaishyaSatpurNashik

Approvals and building plan

Sanctioning authorityNashik Municipal Corporation
Permissible FSI1723.65
Proposed, not sanctioned1,724 sq m
Buildings approved1
Buildings sanctioned1

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branch2, Suyojit Sankul, Near Rajiv Gandhi Bhavan, Sharanpur Road, Nashik-422002
Estimated costRs 3.75 cr
Cost incurredRs 2.56 cr
Work done68.15%
BuildingWingEstimatedIncurred
Highfield ResidencyNARs 3.50 crRs 2.46 cr
-NARs 25.00 lakhRs 10.00 lakh

Certifying professionals and partners7

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectNitin Kute
EngineerSanjay Ratnaparkhi
EngineerBhushan Shintre
Chartered AccountantCA Paresh Sabadra
Chartered AccountantP N SABADRA & ASSOCIATES
Chartered AccountantRSPH & Associates
Chartered AccountantP.N. Sabadra and Associates
PartnerRole in project
MARVEL PROPERTIES-

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 24 Jun 2023
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 7 Jun 2023
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 7 Jun 2023
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 7 Jun 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2027

Documents filed75

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Withdrawal Update Form 1File: AR - March 26.pdf18 May 2026
Withdrawal Update Form 2File: ER -March 26 .pdf18 May 2026
Withdrawal Update Form 3File: CA - March 26 Final.pdf18 May 2026
Form 1File: Latest - AR - Dec 25.pdf11 Feb 2026
Form 2File: Latest ER - Dec 25 .pdf11 Feb 2026
Form 3File: CA - Dec 25 final.pdf11 Feb 2026
Disclosure of Sold and Booked InventoryFile: Disclosure - Dec 25.pdf11 Feb 2026
Form 5 (FY 2024-2025)File: RERA audit report - 24-25 Marvel final.pdf25 Dec 2025
Form 1File: AR - Sep 25.pdf11 Dec 2025
Form 2File: ER - Sep 25.pdf11 Dec 2025
Form 3File: CA - Sep 25-Final.pdf11 Dec 2025
Disclosure of Sold and Booked InventoryFile: Disclosure - Sep 25.pdf11 Dec 2025
Form 1File: AR-June25.pdf29 Nov 2025
Form 2File: ER - June 25.pdf29 Nov 2025
Form 3File: CA - June 25 final.pdf29 Nov 2025
Disclosure of Sold and Booked InventoryFile: Disclosure - June 25.pdf29 Nov 2025
Form 1File: AR - march 25.pdf18 Nov 2025
Form 2File: ER march 25.pdf18 Nov 2025
Form 3File: CA- March 25 final.pdf18 Nov 2025
Disclosure of Sold and Booked InventoryFile: Disclosure Of Sold - Booked Inventory- 31-03-2025.pdf18 Nov 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: RERA Audit report - final.pdf29 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR - Dec 24.pdf26 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA - Dec 24_Final.pdf26 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER - Dec 24.pdf26 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR - sep 24.pdf21 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA - Sep 24_Final.pdf21 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA - Sep 24_Final.pdf21 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER - Sep 24.pdf21 Apr 2025
Disclosure of sold/ booked inventoryFile: Disclosure - Sep 24_page-0001.pdf19 Apr 2025
Disclosure of sold/ booked inventoryFile: Disclosure - Highfield Residency .pdf15 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR Certificate .pdf9 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate .pdf9 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Er Certificate .pdf9 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1 AR Certificate March 24 Signed.pdf11 Jun 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2 ER Certificate March 24 signed.pdf11 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Subsequent CA Certificate Signed.pdf11 Jun 2024
Disclosure of sold/ booked inventoryFile: Disclosure of sold Marvel.pdf19 Apr 2024
Other - TechnicalFile: form 2A.pdf19 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR Certificate- june23.pdf6 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR Certificate- Sept23.pdf6 Mar 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR Certificate- dec23.pdf6 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER Certificate- June23.pdf6 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER Certificate- Sept23.pdf6 Mar 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER Certificate- Dec23.pdf6 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate June23.pdf6 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate sept23.pdf6 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate- Dec23.pdf6 Mar 2024
Disclosure of sold/ booked inventoryFile: Marvel Property Jun-23.pdf20 Feb 2024
Disclosure of sold/ booked inventoryFile: Marvel Property Sep-23.pdf20 Feb 2024
Disclosure of sold/ booked inventoryFile: Marvel Property Dec-23.pdf20 Feb 2024
Copy of the legal title reportFile: Development Agreement (1).pdf24 Jun 2023
Declaration in FORM BFile: Form B of Developers (1).pdf13 Jun 2023
CERSAI detailsFile: CERSAI_Search_Report.pdf13 Jun 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Marvel Heighfield CA Cert_Initial.pdf13 Jun 2023
Proforma of Agreement for saleFile: AFS.pdf13 Jun 2023
Layout approvalFile: Plan 01 (1).pdf7 Jun 2023
Building plan approvalFile: Plan 01 (1).pdf7 Jun 2023
Layout approvalFile: Layout Plan.pdf7 Jun 2023
Copy of the legal title reportFile: Legal Title Report.pdf7 Jun 2023
Copy of the legal title reportFile: Title Search.pdf7 Jun 2023
Details of encumbrances concerned to FinanceFile: EC - Legal.pdf7 Jun 2023
Details of encumbrances concerned to FinanceFile: EC - Finance.pdf7 Jun 2023
Details of encumbrances concerned to LegalFile: EC - Legal.pdf7 Jun 2023
Details of encumbrances concerned to LegalFile: EC - Finance.pdf7 Jun 2023
Copy of Layout Approval (in case of layout)File: Plan 01 (1).pdf7 Jun 2023
Copy of Layout Approval (in case of layout)File: Layout Plan.pdf7 Jun 2023
Building Plan Approval / NA Order for plotted developmentFile: Plan 01 (1).pdf7 Jun 2023
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf7 Jun 2023
Declaration about Commencement CertificateFile: Form D.pdf7 Jun 2023
Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest in Other Real Estate Organizations.pdf7 Jun 2023
Proforma of Allotment letterFile: Allotment Letter.pdf7 Jun 2023
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate Bank Account Declaration-Highfield Residency.pdf7 Jun 2023
Deviation Report with respect to Allotment letterFile: Deviations of AL.pdf7 Jun 2023
Deviation Report with respect to model copy of AgreementFile: Deviations of AFS.pdf7 Jun 2023
PAN CardFile: Aadhar and Pan.pdf18 May 2023

How this compares with Nashik

0%of this project is bookeddistrict median 17%
10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is on the register

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Nashik4,100+ in Nashik

2 kmHighfield ResidencyCompleted 58Lapsed / revoked 11Other 54Dot size: filed unitsN

Filed coordinates, straight-line distance. 123 registered projects within 2 km.

Builder: MARVEL PROPERTIES

MARVEL PROPERTIES has 4 registrations on MahaRERA, including MARVEL TANISHQ and MARVEL MAJESTIC. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if Highfield Residency is delayed beyond 31 Dec 2027?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of Highfield Residency?

The registered promoter entity is MARVEL PROPERTIES, a partnership as per the filing. Its GSTIN 27AAVFM3940Q1ZB can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in Highfield Residency?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for Highfield Residency?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at Highfield Residency?

The professionals named in the filing: Architect: Nitin Kute; Engineer: Sanjay Ratnaparkhi; Engineer: Bhushan Shintre; Chartered Accountant: CA Paresh Sabadra; Chartered Accountant: P N SABADRA & ASSOCIATES; Chartered Accountant: RSPH & Associates. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Highfield Residency?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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