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Registered No litigation declared Residential / Group Housing project

MARATHON NEOVALLEY KAVERI WING B

By M/S NEXZONE FISCAL SERVICES PVT LTD

RG-MH-28764 · RERA P51800026970 · Last updated on MahaRERA portal: 20 Jul 2026

Source: official MahaRERA filing

Red flags

  • 2 complaints at MahaRERA
  • Completion date moved by 12 months
  • 1 extension taken
  • Rs 50.00 crore secured on the land, in favour of Arka Fincap Ltd

Clear

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

4 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.
Jun 2027Possession promisedmoved 12 months from the original
6 of 11Construction stages donefurthest along: Internal walls, 80%
32 of 293Units unsoldnot recorded sold or booked
2Complaints at MahaRERAon this registration
Jump to the 139 documents Report an error

MARATHON NEOVALLEY KAVERI WING B is a Residential / Group Housing project by M/S NEXZONE FISCAL SERVICES PVT LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800026970 on 7 Nov 2020. Possession is promised by 30 Jun 2027. The completion date has moved by 12 months from the original filing. 261 of the 293 units on this registration are recorded sold or booked, and 6 of 11 construction stages are filed complete. 2 complaints are on record with the regulator.

At a glance

Project

  • NameMARATHON NEOVALLEY KAVERI WING B
  • TypeResidential / Group Housing
  • Location
    • NARDAS NAGAR BHANDUP
    • BHANDUP
    • Kurla
    • Mumbai Suburban
    • 400078
  • Pincode400078
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800026970
  • ReraGenie IDRG-MH-28764

Builder

  • NameM/S NEXZONE FISCAL SERVICES PVT LTD
  • Entity typeCompany
  • CINU65999MH2008PTC183069
  • GSTIN27AACCN9837F1Z6
  • GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
  • Sr.ManagerDWARKANATH K Rao
  • DirectorSAMYAG SHAH
  • Other registrations4 more →
  • Declared earlier projects14 →

Key dates

this monthRegisteredNov 2020First promiseJun 2026Revised toJun 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on7 Nov 2020
  • Promised completion30 Jun 2027
  • Revised completionRevised to 30 Jun 2027 (originally 30 Jun 2026)
  • Buildings1 building record
  • Documents filed139 files

Current status

89%261 of 293 units booked
62.0%Work done, per cost certificate

Figures as on 20 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
MARATHON NEOVALLEY KAVERI WING BNA22222930293

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 20 Jul 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.

6 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 80%.

MARATHON NEOVALLEY KAVERI WING B: 67% 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/Premises80%
Sanitary Fittings within the flats / premises0%
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.32%
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.29%

Progress on shared amenities15

As on 20 Jul 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)Yes70%
Storm Water DrainsYes70%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes70%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceYes0%
Open ParkingYes0%

Parking filed43

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 slots43
Open Space43

Land and ownership

A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.

Land area415 sq m
Land owned byThe promoter
Named landownersNone
Encumbrance on the landDeclared present
Charge in favour ofArka Fincap Ltd
Secured amountRs 50.00 crore
CERSAI search filedYes
Declared on10 Jul 2025

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI6473.68
Proposed, not sanctioned3,080 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
Estimated costRs 53.04 cr
Cost incurredRs 32.87 cr
Work done61.98%
BuildingWingEstimatedIncurred
MARATHON NEOVALLEY KAVERI WING BNARs 37.26 crRs 25.17 cr
-NARs 15.78 crRs 7.70 cr

Certifying professionals and partners4

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

RoleName
ArchitectSANTOSH KUMAR PREMCHANDRA DUBEY
EngineerURVESH VIRENDRA MEHTA
Chartered AccountantPreeti Singh
Chartered AccountantDINESH GANPAT PAI
PartnerRole in project
M/S NEXZONE FISCAL SERVICES PVT LTD-

Extensions applied for1

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

EA26032620386Jun 2026 → Jun 2027

Reason as filed by the promoterOccupancy Certificate DEALY

Complaints filed with MahaRERA2

Case no.ComplainantRespondentFiled
SM12600341Bhakti AchrekarM/S NEXZONE FISCAL SERVICES PVT LTD22/05/2026
CC12605311DEEPAK PADAMCHAND THAKURM/S NEXZONE FISCAL SERVICES PVT LTD20/08/2026

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 31 Oct 2020
  2. Layout approvalOn the file

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

    uploaded 6 Apr 2021
  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 6 Apr 2021
  4. Commencement CertificateOn the file

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

    uploaded 27 Oct 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 30 Jun 2027

Documents filed139

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 139 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
Withdrawal Update Form 1File: Q1_AC_Form-1_Kaveri Wing B_2026.pdf20 Jul 2026
Withdrawal Update Form 2File: Form 2 Eng CertNEOVALLEY 1 KAVERI Wing B June 2026.pdf20 Jul 2026
Withdrawal Update Form 3File: Form 03 Neovalley 1 Kaveri B Wing Rera Cert June 2026 Est revise 1.pdf20 Jul 2026
Form 2A (FY 2025-2026)File: Form-2A.pdf15 Apr 2026
Form 2A (FY 2020-2021)File: Form 2A Kaveri B Wing Mar 2021.pdf13 Apr 2026
Form 2A (FY 2021-2022)File: Form 2A Kaveri A Wing Mar 2022.pdf13 Apr 2026
Form 2A (FY 2022-2023)File: Form 2A Kaveri B Wing Mar 2023.pdf13 Apr 2026
Form 2A (FY 2023-2024)File: FORM-2A NEOVALLEY 1 KAVERI-B_ MAR-2024.pdf13 Apr 2026
Form 5 (FY 2020-2021)File: Neo Valley Kaveri B-Wing Rera Form 05 _Apr 20 to Mar 21.pdf13 Apr 2026
Form 5 (FY 2021-2022)File: Form 05 Neovalley-1 Kaveri-B Wing Rera Certificate FY-21-22.pdf13 Apr 2026
Form 5 (FY 2022-2023)File: Form 5-Neovalley-1 Kaveri B-Wing-Apr 22-Mar-23.pdf13 Apr 2026
Withdrawal Update Form 1File: Q4_AC_Form-1_Kaveri Wing B_2026.pdf10 Apr 2026
Withdrawal Update Form 2File: Active signed Form 2 Engg Cert Kaveri B Wing Mar 2026.pdf10 Apr 2026
Withdrawal Update Form 3File: Form 3 CA Cert Kaveri B Wing Mar 26.pdf10 Apr 2026
Withdrawal Update Form 1File: Q3_AC_Form-1_Kaveri Wing B_2025.pdf19 Jan 2026
Withdrawal Update Form 2File: Form 2 Engg Cert Kavri B Wing Dec 25.pdf19 Jan 2026
Withdrawal Update Form 3File: From 3 CA Cert Kaveri B Wing Dec 2025.pdf19 Jan 2026
Withdrawal Update Form 1File: Q2_AC_Form-1_Kaveri Wing B_2025.pdf5 Nov 2025
Withdrawal Update Form 2File: Form 2_Engineeru0027s Certificate_NEOVALLEY-1 KAVERI (Wing B)-Sep 2025.pdf5 Nov 2025
Withdrawal Update Form 3File: From 3 CA Cert Kaveri B Wing Sep 2025.pdf5 Nov 2025
Withdrawal Update Form 1File: Q1_AC_Form-1_Kaveri Wing B_2025.pdf10 Oct 2025
Withdrawal Update Form 2File: Form 2_Engineeru0027s Certificate_NEOVALLEY-1 KAVERI (Wing B)-Jun 2025.pdf10 Oct 2025
Withdrawal Update Form 3File: Form 03 Neovalley Kaveri-B Rera Certificate June 2025.pdf10 Oct 2025
Form 5 (FY 2024-2025)File: Form 5 Kaveri B Fy 2024-25.pdf30 Sep 2025
Form 1File: Q3_AC_Form-1_Kaveri Wing B_2024.pdf18 Jul 2025
Form 2File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Dec 2024.pdf18 Jul 2025
Form 3File: Form 03 Neovalley-1 Kaveri B-Wing Certificate Dec'24.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: DSUI Kaveri B-Wing Dec'24.pdf18 Jul 2025
Form 1File: Q2_AC_Form-1_Kaveri Wing B_2024.pdf18 Jul 2025
Form 2File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Sep 2024.pdf18 Jul 2025
Form 3File: Form 03 Neovalley-1 Kaveri B-Wing Certificate Sept'24.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: DSUI Kaveri B-Wing Sept'24.pdf18 Jul 2025
Form 1File: Q1_AC_Form-1_Kaveri Wing B_2024.pdf18 Jul 2025
Form 2File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-JN-2024 (1).pdf18 Jul 2025
Form 3File: Form 03 Neovalley 1 Kaveri B Wing Rera Cert June 2024.pdf18 Jul 2025
Disclosure of Sold and Booked InventoryFile: DSUI Kaveri B Wing June 2024.pdf18 Jul 2025
Withdrawal Update Form 1File: Q4_AC_Form-1_Kaveri Wing B_2025.pdf18 Jul 2025
Withdrawal Update Form 2File: Form 2_Engineeru0027s Certificate_NEOVALLEY-1 KAVERI (Wing B)-Mar 2025.pdf18 Jul 2025
Withdrawal Update Form 3File: Form 03 Neovalley-1 Kaveri B-Wing Rera Certificate Mar 2025.pdf18 Jul 2025
Form 5 (FY 2023-2024)File: Form 05 Neovalley Kaveri-B-Wing Apr-23-Mar-24.pdf18 Jul 2025
Form 1File: Q4_AC_Form-1_Kaveri Wing B_2025.pdf10 Jul 2025
Form 2File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Mar 2025.pdf10 Jul 2025
Form 3File: Form 03 Neovalley-1 Kaveri B-Wing Rera Certificate Mar 2025.pdf10 Jul 2025
Disclosure of Sold and Booked InventoryFile: DSUI Kaveri B-Wing Mar 2025.pdf10 Jul 2025
Withdrawal Update Form 1File: Q4_AC_Form-1_Kaveri Wing B_2025.pdf10 Jul 2025
Withdrawal Update Form 2File: Form 2_Engineeru0027s Certificate_NEOVALLEY-1 KAVERI (Wing B)-Mar 2025.pdf10 Jul 2025
Withdrawal Update Form 3File: Form 03 Neovalley-1 Kaveri B-Wing Rera Certificate Mar 2025.pdf10 Jul 2025
Form 2A (FY 2024-2025)4 Jul 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4_AC_Form-1_Kaveri Wing B_2025.pdf23 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Mar 2025.pdf23 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 Neovalley-1 Kaveri B-Wing Rera Certificate Mar 2025.pdf22 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Kaveri B Wing Dec 2020.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Kaveri A Wing Mar 2021.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Kaveri B Wing Dec 2021.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Kaveri B Wing Mar 2022.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Kaveri A Wing Jun 2021.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Kaveri A Wing Sep 2021.pdf5 Feb 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Kaveri B Wing Mar 2023.pdf5 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 Neovalley-1 Kaveri B-Wing Certificate Dec'24.pdf28 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Dec 2024.pdf28 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q3_AC_Form-1_Kaveri Wing B_2024.pdf13 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Kaveri B Wing Rera Certificate June 23.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Neovalley Kaveri B- Wing Rera Certificate Sep 23.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Kaveri B wing RERA Dec 2022.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Neovalley-1 Kaveri B- Wing Rera Certi As On Mar 22.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Rera Certi Neovalley 1 Kaveri B-Wing A On Dec 21.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Kaveri B_Rera Certi_As on Sept-21.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Neovalley-1 Kaveri B- Wing Rera Certi As On June 2021.pdf10 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: NEOVALLEY - 1 KAVERI B-WING RERA CERTI_MAR 21.pdf10 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 05 Neovalley Kaveri-B-Wing Apr-23-Mar-24.pdf11 Nov 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 Neovalley-1 Kaveri B-Wing Certificate Sept'24.pdf21 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Sep 2024.pdf21 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q2_AC_Form-1_Kaveri Wing B_2024.pdf14 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: signedQ1_AC_Form-1_Kaveri Wing B_2024.pdf25 Jul 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-JN-2024 (1).pdf25 Jul 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 Neovalley 1 Kaveri B Wing Rera Cert June 2024.pdf25 Jul 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: FORM-2A NEOVALLEY 1 KAVERI-B_ MAR-2024.pdf27 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Q4_AC_Form-1_Kaveri Wing B_2024.pdf16 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: signedForm 2_Engineer's Certificate_NEOVALLEY-1 KAVERI (Wing B)-Mar 2024.pdf16 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 03 Neovalley-1 Kaveri B-Wing Rera Certificate Mar 2024.pdf16 Apr 2024

Promoter's earlier projects13

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 delivered on promise2 delivered late2 not delivered by the promised date8 under way, not due yet
ProjectLocationFlatsRegisteredStatusPromisedDelivered
MARATHON NEXZONE PHASE 3_S6 WING DPM1273032502380Near Palaspe Phata Panvel Mumbai Maharashtra, Raigarh197Feb 2026OngoingDec 2032Not due yet
MARATHON NEXZONE PHASE 3_S6 WING BPM1273032502304Near Palaspe phata Panvel Mumbai Maharashtra, Raigarh169Feb 2026OngoingDec 2030Not due yet
MARATHON NEXZONE PHASE 3_S6 WING APM1273032502296palaspe phata, Raigarh169Feb 2026OngoingDec 2029Not due yet
MARATHON NEOVALLEY NARMADA WING CP51800081112bhandup, Mumbai Suburban166Mar 2026OngoingDec 2029Not due yet
MARATHON NEOPARK ASHOKA WING CP51800030752BHANDUP WEST, Mumbai Suburban151Sep 2021OngoingJun 2028Registered original: Dec 2025Not due yet
MARATHON NEOVALLEY NARMADA WING BP51800050264BHANDUP, Mumbai Suburban216Mar 2023OngoingDec 2027Not due yet
MARATHON NEOVALLEY KAVERI WING AP51800026955BHANDUP, Mumbai Suburban269Nov 2020OngoingJun 2027Registered original: Jun 2025Not due yet
MARATHON NEOSQUARE AP51800010386BHANDUP, Mumbai Suburban-Aug 2017OngoingDec 2026Registered original: Dec 2022Not due yet
MARATHON NEOPARK ASHOKA WING BP51800030751BHANDUP WEST, Mumbai Suburban128Sep 2021CompletedDec 2025Sep 2024
MARATHON NEOPARK ASHOKA WING AP51800031073BHANDUP WEST, Mumbai Suburban193Oct 2021OngoingDec 2025Not delivered
MAHAKALESHWAR WING BP51800055887BHANDUP, Mumbai Suburban26Apr 2024OngoingDec 2025Registered original: Dec 2024Not delivered
EKVEERAP51800032741SIDHARTH NAGAR MULUND WEST, Mumbai Suburban-Jan 2022CompletedDec 2023Late, Mar 2024
MARATHON FUTUREX 1P51900025476N.M. Joshi Marg, Lower Parel, Mumbai-Jun 2020CompletedJun 2021Late, Aug 2021

How this compares with Mumbai Suburban

89%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one moved by 12 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 NEOVALLEY KAVERCompleted 34Lapsed / revoked 18Other 60Dot size: filed unitsN

Filed coordinates, straight-line distance. 112 registered projects within 2 km.

Builder: M/S NEXZONE FISCAL SERVICES PVT LTD

M/S NEXZONE FISCAL SERVICES PVT LTD has 5 registrations on MahaRERA, including MARATHON NEOVALLEY KAVERI WING A and MARATHON NEOVALLEY KAVERI WING B. Its filings disclose 14 earlier MahaRERA projects: declares 1 of 3 past projects completed on time. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if MARATHON NEOVALLEY KAVERI WING B is delayed beyond 30 Jun 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 MARATHON NEOVALLEY KAVERI WING B?

The registered promoter entity is M/S NEXZONE FISCAL SERVICES PVT LTD, a company as per the filing. Its CIN U65999MH2008PTC183069 and GSTIN 27AACCN9837F1Z6 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 NEOVALLEY KAVERI WING B?

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 NEOVALLEY KAVERI WING B?

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 NEOVALLEY KAVERI WING B?

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 NEOVALLEY KAVERI WING B?

The professionals named in the filing: Architect: SANTOSH KUMAR PREMCHANDRA DUBEY; Engineer: URVESH VIRENDRA MEHTA; Chartered Accountant: Preeti Singh; Chartered Accountant: DINESH GANPAT PAI. 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 NEOVALLEY KAVERI WING B?

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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Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.

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