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Registration lapsed No litigation declared Commercial project

MARATHON FUTUREX 2

By MARATHON REALTY PVT LTD

RG-MH-28329 · RERA P51900025477 · Last updated on MahaRERA portal: 27 May 2024

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 52 months past the filed date

Clear

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

2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

See what the report covers Free either way: .
Jun 2022Possession promised52 months past this date
6 of 11Construction stages donefurthest along: Internal walls, 99%
0Complaints at MahaRERAon this registration
Jump to the 43 documents Report an error

MARATHON FUTUREX 2 is a Commercial project by MARATHON REALTY PVT LTD in N.M JOSHI MARG, LOWER PAREL, MUMBAI, 400013, registered with MahaRERA as P51900025477 on 6 Jun 2020. Possession was promised by 30 Jun 2022 and is now 52 months past that date.

At a glance

Project

  • NameMARATHON FUTUREX 2
  • TypeCommercial
  • Location
    • C S NO 166
    • N.M JOSHI MARG
    • LOWER PAREL
    • MUMBAI
    • 400013
  • Pincode400013
  • RERA no.P51900025477
  • ReraGenie IDRG-MH-28329

Builder

  • NameMARATHON REALTY PVT LTD
  • Entity typeCompany
  • CINU70100MH1994PTC084037
  • DirectorsCHETAN RAMNIKLAL SHAH, MAYUR RAMNIKLAL SHAH
  • Other registrations6 more →
  • Completed1 of 7
  • No longer live5 lapsed, de-registered or revoked
  • Declared earlier projects1 →

Key dates

52 months past promisethis monthRegisteredJun 2020PromisedJun 2022

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on6 Jun 2020
  • Promised completion30 Jun 2022
  • Revised completionNone
  • Buildings1 building record
  • Documents filed43 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MARATHON FUTUREXNA90000

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 27 May 2024, 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.

6 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 99%.

MARATHON FUTUREX: 93% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises99%
Sanitary Fittings within the flats / premises67%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks95%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.74%
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.90%

Progress on shared amenities22

As on 27 May 2024, 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 & FootpathsYes100%
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingYes100%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes100%
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingNoNot applicable
GYMNASIUMYes0%
INDOOR CLUB HOUSEYes100%
OUT DOOR EVENT VENUEYes100%
FOOD COURTYes100%
TRIPLE HEIGHT LOBBYYes100%
CafeYes100%
EXCLUSIVE HIGH SPEED ELEVATORYes20%

Parking filed73

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 slots73
Closed/Covered73

Land and ownership1

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area2,200 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
MARATHON NEXZTGEN PVT LTD-Mumbai City

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI11800.0
Proposed, not sanctioned9,800 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 branch5 6 7 JALARAM ASHISH CHSL DEVIDAYAL ROAD MULUND WEST MUMBAI 400080

Certifying professionals and partners

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

PartnerRole in project
MARATHON REALTY PVT LTD-

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 30 May 2020
  2. Layout approvalOn the file

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

    uploaded 31 May 2020
  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 30 May 2020
  4. Commencement CertificateOn the file

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

    uploaded 31 May 2020Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateOn the file

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

    uploaded 29 Jun 2022

Documents filed43

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
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: SIGNEDForm 2A - QAC-FUTUREX 2-FY23-24.pdf27 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4_AC_Form-1_Futurex-2_2024.pdf19 Apr 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: P50-MARATHON FUTUREX-2-Q1-JUN 22-FORM 2a.pdf7 Nov 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AC_Form1_Futurex22022.pdf15 Oct 2022
Deviation Report with respect to model copy of AgreementFile: [Untitled]_2022081811221800_compressed-1-8.pdf18 Aug 2022
Deviation Report with respect to model copy of AgreementFile: [Untitled]_2022081811221800_compressed-9-16.pdf18 Aug 2022
Deviation Report with respect to model copy of AgreementFile: [Untitled]_2022081811221800_compressed-17-24.pdf18 Aug 2022
Deviation Report with respect to model copy of AgreementFile: [Untitled]_2022081811221800_compressed-25-34.pdf18 Aug 2022
Declaration in FORM BFile: Revised Futurex Form B DeclarationFX-216082022.pdf16 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AC_Form-1_Futurex-2_2022.pdf12 Aug 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Future x-II 30th to 38th Rera Engineer Certificate till june 22 v1.pdf12 Aug 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: MRPL RERA.pdf12 Aug 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FUTUREX 2.pdf9 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: futurex 2.pdf9 Jul 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q1 Futurex 2.pdf4 Jul 2022
Disclosure of sold/ booked inventoryFile: sold unlsold futurex2.pdf1 Jul 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: MARATHON FUTUREX2 FORM 2a.pdf29 Jun 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 Futurex2.pdf29 Jun 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 20210809_PART-OC_29TH TO 31ST FLR_LETTER.pdf29 Jun 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 20210809_PART-OC_29TH TO 31ST FLR_LETTER.pdf29 Jun 2022
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: 20210809_PART-OC_29TH TO 31ST FLR_LETTER.pdf29 Jun 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Future X 2.pdf24 May 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FUTUREX 2.pdf22 Apr 2022
Details of encumbrancesFile: [Untitled]_2022021218542700.pdf17 Feb 2022
Declaration in FORM BFile: Decl_Form B_Marathon Futurex 1 AND2.pdf29 Oct 2020
Proforma of Allotment letterFile: Decl_AFS_Marathon Futurex 1AND 2.pdf29 Oct 2020
Layout approvalFile: LAYOUT.pdf31 May 2020
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf31 May 2020
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate 2.pdf31 May 2020
Building plan approvalFile: last Amend letter date.pdf30 May 2020
PAN CardFile: Marathon Realty Pvt Ltd.pdf30 May 2020
Copy of the legal title reportFile: LEGAL TITLE.pdf30 May 2020
Details of encumbrancesFile: ENCUMBRANCE.pdf30 May 2020
Building Plan Approval / NA Order for plotted developmentFile: last Amend letter date.pdf30 May 2020
Commencement Certificates / NA Order for plotted developmentFile: FurtherCC_signed.pdf30 May 2020
Declaration in FORM BFile: form b.pdf30 May 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: futurex 2 architect.pdf30 May 2020
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_ Engg Certificate Marathon Futurex II.pdf30 May 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA 31.pdf30 May 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA 32.pdf30 May 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA 33.pdf30 May 2020
Proforma of Allotment letterFile: Decl.pdf30 May 2020
OtherFile: LETTER TO RERA.pdf30 May 2020

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Other projects near N.M JOSHI MARG, LOWER PAREL, MUMBAI

Builder: MARATHON REALTY PVT LTD

MARATHON REALTY PVT LTD has 7 registrations on MahaRERA, including MARATHON MONTE CARLO-2 and MARATHON MONTEPLAZA. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record.

Frequently asked questions

What does it mean that MARATHON FUTUREX 2 shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if MARATHON FUTUREX 2 is delayed beyond 30 Jun 2022?

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 MARATHON FUTUREX 2?

The registered promoter entity is MARATHON REALTY PVT LTD, a company as per the filing. Its CIN U70100MH1994PTC084037 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 MARATHON FUTUREX 2?

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 MARATHON FUTUREX 2?

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.

What should I check before booking in MARATHON FUTUREX 2?

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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