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Registered No litigation declared Residential / Group Housing project

MARATHON NEOSQUARE A

By MARATHON NEXTGEN REALTY LTD

RG-MH-25802 · RERA P51800010386 · Last updated on MahaRERA portal: 30 Apr 2026

Source: official MahaRERA filing

Red flags

  • 4 complaints at MahaRERA
  • Completion date moved by 48 months
  • 2 extensions taken

Clear

  • No litigation declared
  • Separate project account declared
  • Allotment letter follows the model form

3 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: or have every new Mumbai Suburban registration emailed to you, free during the pilot beta.
Dec 2026Possession promisedmoved 48 months from the original
8 of 11Construction stages donefurthest along: Installation of Lifts, 92%
4Complaints at MahaRERAon this registration
Jump to the 170 documents Report an error

MARATHON NEOSQUARE A is a Residential / Group Housing project by MARATHON NEXTGEN REALTY LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800010386 on 24 Aug 2017. Possession is promised by 31 Dec 2026. The completion date has moved by 48 months from the original filing. 4 complaints are on record with the regulator.

At a glance

Project

  • NameMARATHON NEOSQUARE A
  • TypeResidential / Group Housing
  • Location
    • BHANDUP
    • Kurla
    • Mumbai Suburban
    • 400078
  • Pincode400078
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800010386
  • ReraGenie IDRG-MH-25802

Builder

  • NameMARATHON NEXTGEN REALTY LTD
  • Entity typeCompany
  • CINL65990MH1978PLC020080
  • GSTIN27AAACP8032E1ZN
  • DirectorChetan R Shah
  • Other registrations4 more →
  • No longer live3 lapsed, de-registered or revoked

Key dates

this monthRegisteredAug 2017First promiseDec 2022Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on24 Aug 2017
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 30 Dec 2022)
  • Buildings1 building record
  • Documents filed170 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MARATHON EMBRACE-ANA240000

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 30 Apr 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.

8 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 92%.

MARATHON EMBRACE-A: 86% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises53%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
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.92%

Progress on shared amenities15

As on 30 Apr 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 & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes70%
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 harvestingYes90%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes95%
Electrical meter room, sub-station, receiving stationYes90%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed18

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 slots18
Closed/Covered18

Land and ownership

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

Land area213 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI4031.0
Proposed, not sanctioned1,997 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 branchRATAN GALAXIE JUNCTION OF J N ROAD AND GOSHALA ROAD MULUND MUMBAI 400080

Certifying professionals and partners7

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

RoleName
ArchitectSantosh Premchandra Dubey
ArchitectSHEETAL PANDHARI NIKHARE
EngineerUrvesh Virendra Mehta
Chartered AccountantDinesh Ganpat Pai
Chartered AccountantPreeti Singh
Chartered AccountantAPURVA SHAH
Chartered AccountantAkshay Shah
PartnerRole in project
MARATHON NEXTGEN REALTY LTD-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51800012926Dec 2022 → Dec 2023

Reason as filed by the promoterDear sir OC APPROVAL DELAY ATHORITY AND ALSO MATERIAL SHORTAGE

EXT51800018574Dec 2022 → Dec 2026

Reason as filed by the promoterPART OC RECEIVED .

Complaints filed with MahaRERA4

Case no.ComplainantRespondentFiled
CC12400010SHIVAKUMAR SAMBARIMARATHON NEXTGEN REALTY LTD03/09/2024
CC12401004Kavita Shyamsundar ShelkeMARATHON NEXTGEN REALTY LTD03/12/2024
CC12503594Shivakumar SambariMARATHON NEXTGEN REALTY LTD08/10/2025
CC12503595Puja Shivakumar SambariMARATHON NEXTGEN REALTY LTD08/10/2025

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 29 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 3 Jan 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 3 Jan 2020
  4. Commencement CertificateOn the file

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

    uploaded 3 Jan 2020Confirm 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 2026

Documents filed170

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 170 are shown. 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
Form 2A (FY 2025-2026)File: Form 2A Neosquare Mar 2026.pdf30 Apr 2026
Form 1File: Q4_AC_Form-1_NeoSquare A Wing_2026.pdf24 Apr 2026
Form 2File: Form 2 Eng Certificate NEOSQUARE March 2026.pdf24 Apr 2026
Form 3File: Rera certificate for Neo Square A wing_ Mar 2026.pdf24 Apr 2026
Disclosure of Sold and Booked InventoryFile: Disclosure Sodl Unsold Neosquare Mar 2026.pdf24 Apr 2026
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Q2_AC_Form-1_NeoSquare A Wing_2023.pdf28 May 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Neosquare A Wing Mar 2025.pdf9 May 2025
Certificates of CA (Form 3)File: Rera certificate for neo square A wing_March 2025.pdf9 May 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Engineer's Certificate_NEOSQUARE-Mar 2025.pdf9 May 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Jun 2017.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Sep 2017.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Dec 2017.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Mar 2018.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Jun 2019.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Sep 2019.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Dec 2019.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Neosquare Mar 2020.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Neosquare Jun 2020.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Neosquare Sep 2020.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Neosquare Dec 2020.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Neosquare Mar 2021.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Neosquare Jun 2021.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Neosquare Sep 2021.pdf6 Mar 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Neosquare Dec 2021.pdf6 Mar 2025
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Neosquare A Wing Dec 2024.pdf3 Mar 2025
Certificates of CA (Form 3)File: Form 3 Neo Square - A_Dec 2024.pdf29 Jan 2025
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Engineer's Certificate_NEOSQUARE- Dec 2024.pdf29 Jan 2025
Certificates of CA (Form 3)File: rera certificate for neo square A wing_june 2023.pdf20 Jan 2025
Certificates of CA (Form 3)File: Rera certificate for neo square A wing_Sep 2023.pdf20 Jan 2025
Certificates of CA (Form 3)File: RERA Certificate for Neo Square A wing_March 2022.pdf20 Jan 2025
Certificates of CA (Form 3)File: Rera Certi Neo Square June 2021.pdf20 Jan 2025
Certificates of CA (Form 3)File: Embrace A _ Rera Certicate June 2020.pdf20 Jan 2025
Certificates of CA (Form 3)File: Embrace A _ Rera Certifciate Mar 2020.pdf20 Jan 2025
Certificates of CA (Form 3)File: RERA CA Certificate-Embrace- Dec 2019.pdf20 Jan 2025
Certificates of CA (Form 3)File: EMBRACE-A RERA CERTIFICATE Mar 2019.pdf20 Jan 2025
Certificates of CA (Form 3)File: MNRL Rera Dec 18.pdf20 Jan 2025
Certificates of CA (Form 3)File: Form3 CA Cert Embrace DEC17.pdf20 Jan 2025
PAN CardFile: 1 PAN Card.pdf31 Dec 2024
CERSAI detailsFile: GetUserDocumentFileContent 1.pdf31 Dec 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: 2 GetUserDocumentFileContent.pdf31 Dec 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 5 Neosquare.pdf29 Nov 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5 NEOSQUARE A.pdf27 Nov 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Neosquare A Wing Sep 24.pdf5 Nov 2024
Certificates of CA (Form 3)File: Neo Square A wing Sep 24.pdf24 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: signdForm 2_Engineer's Certificate_NEOSQUARE- Sep 2024.pdf24 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form1 Arch Cert Neosquare Mar 24.pdf7 Oct 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form1 Arch Cert Neosquare June 24.pdf7 Oct 2024
Certificates of CA (Form 3)File: Form 3 Ca Cert Neo Square A Wing June 24.pdf7 Oct 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: signedForm 2_Engineer's Certificate_NEOSQUARE- June 2024.pdf7 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM-2A NEOSQUARE 1-A_ MAR-2024.pdf27 May 2024
Declaration in FORM BFile: FORM B.pdf25 Apr 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: signedForm 2_Engineer's Certificate_NEOSQUARE- Mar 2024.pdf18 Apr 2024
Certificates of CA (Form 3)File: Rera certificate for neo square A wing_March 2024.pdf18 Apr 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: AC_Form-1_NeoSquare A Wing_2023.pdf7 Feb 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Q3_AC_Form-1_Neosquare A Wing_2023.pdf7 Feb 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Engineer's Certificate_NEOSQUARE- Dec-2023.pdf7 Feb 2024
Certificates of CA (Form 3)File: Form 03 neo square A wing Rera certificate for _Dec 2023.pdf7 Feb 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: embrace.pdf1 Feb 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: MNRL form 5 for FY 2022-23 ( Neo Park, Neo Square)_compressed.pdf2 Jan 2024
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Microsoft Word - Form 2_Engineer's Certificate_NEOSQUARE- Sep 2023.pdf30 Oct 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Neosquare RERA Eng Cert Jun 2023.pdf3 Aug 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: AC_Form-1_NeoSquare A Wing_2023.pdf15 May 2023
Certificates of CA (Form 3)File: RERA Certificate for Neo Square A wing_Mar 2023.pdf9 May 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Neosquare RERA Eng Cert March 2023.pdf8 May 2023
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: AC_Form-1_NeoSquare A Wing_2022.pdf31 Jan 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Neosquare RERA Eng Cert Dec 2022.pdf31 Jan 2023
Declaration about Commencement CertificateFile: dc.pdf12 Dec 2022
Disclosure of sold/ booked inventoryFile: sold.pdf12 Dec 2022
Certificates of CA (Form 3)File: Neo Square A wing Rera Sep 22.pdf8 Dec 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: EMBRACE NEOSQUARE A.pdf23 Nov 2022
Certificates of CA (Form 3)File: Neo Square A Rera Form 05 Sep 21.pdf23 Nov 2022
Certificates of CA (Form 3)File: Neo Square A Rera Form 03 June 21.pdf23 Nov 2022
Certificates of CA (Form 3)File: Neo Square A Rera Form 03 Dec 21.pdf23 Nov 2022
Certificates of CA (Form 3)File: Embrace A Rera Form 03 Sep 20.pdf23 Nov 2022
Certificates of CA (Form 3)File: Embrace A Rera Form 03 June 19.pdf23 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Embrace A Form 05 18-19.pdf23 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Certificate Form 5 19- 20.pdf23 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Certificate Form 5 20-21.pdf23 Nov 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: MNRL - Form 5 - M22.pdf23 Nov 2022
Certificates of CA (Form 3)File: Embrace A Rera Form 03 June 20.pdf19 Nov 2022

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one moved by 48 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 BHANDUP6,700+ in Mumbai Suburban

2 kmMARATHON NEOSQUARE ACompleted 121Lapsed / revoked 96Other 152Dot size: filed unitsN

Filed coordinates, straight-line distance. 369 registered projects within 2 km.

Builder: MARATHON NEXTGEN REALTY LTD

MARATHON NEXTGEN REALTY LTD has 5 registrations on MahaRERA, including MARATHON NEOSQUARE A and MARATHON NEOPARK ASHOKA WING A. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if MARATHON NEOSQUARE A is delayed beyond 31 Dec 2026?

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 NEOSQUARE A?

The registered promoter entity is MARATHON NEXTGEN REALTY LTD, a company as per the filing. Its CIN L65990MH1978PLC020080 and GSTIN 27AAACP8032E1ZN 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 NEOSQUARE A?

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 do I read the complaint cases filed against MARATHON NEOSQUARE A?

Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

How current is the construction progress shown for MARATHON NEOSQUARE A?

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 MARATHON NEOSQUARE A?

The professionals named in the filing: Architect: Santosh Premchandra Dubey; Architect: SHEETAL PANDHARI NIKHARE; Engineer: Urvesh Virendra Mehta; Chartered Accountant: Dinesh Ganpat Pai; Chartered Accountant: Preeti Singh; Chartered Accountant: APURVA SHAH. 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 MARATHON NEOSQUARE A?

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; why the completion date was revised and what the new timeline depends on. 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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