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MARATHON NEXTOWN EMERALD
RG-MH-09727 · RERA P51700000686 · Last updated on MahaRERA portal: 25 Apr 2025
Source: official MahaRERA filing
Red flags
- Completion date moved by 18 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
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: or have every new Thane registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
MARATHON NEXTOWN EMERALD is a Residential / Group Housing project by MARATHON ENER-GEN in Thane, Maharashtra, registered with MahaRERA as P51700000686 on 20 Jul 2017. The registration is recorded completed; possession was promised by 29 Dec 2020. The completion date has moved by 18 months from the original filing.
At a glance
Project
- NameMARATHON NEXTOWN EMERALD
- TypeResidential / Group Housing
- Location
- DESAI VILLAGE OPP PADLEGAON BUS STOP NEAR SARASWATI SCHOOL
- OFF KALYAN SHIL ROAD
- Thane (M Corp.)
- Thane
- 421201
- Pincode421201
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700000686
- ReraGenie IDRG-MH-09727
Builder
- NameMARATHON ENER-GEN
- Entity typePartnership
- Designated PartnersMAYUR RAMNIKLAL SHAH, KAIVALYA CHETAN SHAH
- Other registrations4 more →
- Completed3 of 5
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on20 Jul 2017
- Promised completion29 Dec 2020
- Revised completionRevised to 29 Dec 2020 (originally 30 Jun 2019)
- Buildings1 building record
- Documents filed134 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| MARATHON NEXTOWN EMERALD | NA | 20 | 0 | 0 | 0 | 0 |
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 25 Apr 2025, 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.
11 of 11 construction stages are filed complete.
MARATHON NEXTOWN EMERALD: 100% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 25 Apr 2025, 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed42
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.
Land and ownership2
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.
| Landowner | Village | District |
|---|---|---|
| MARATHON REALTY PVT LTD | Kurla | Mumbai Suburban |
| MATESHWARI REALTORS | Thane (M Corp.) | Thane |
Approvals and building plan
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.
Certifying professionals and partners
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Partner | Role in project |
|---|---|
| MARATHON ENER-GEN LLP | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe plans for the above mentioned project are sanctioned by the Thane Municipal Corporation (TMC) which is the statutory authority. We commenced the work of Marathon Emerald as per TMC’s Commencement Certificate dated 04.11.2015 bearing reference V.P.No.S11/0014/10TMC/TDD/1544/15 for Ground + Stilt+1st to 15th+16(Part) Floors. Accordingly we have completed the plinth and applied for certification of the plinth to the TMC and same were granted to us on 22.03.2016. Thereafter we had applied for amendment of the plan from 16th (Part) floor to 19th Floor on 29.08.2017 and the same was granted afte
Litigation declared1
| Case | Court | Status |
|---|---|---|
| M A 42 OF 2013/2013 | THANE CITY CIVIL COURT | PENDING |
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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 16 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 23 Mar 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 23 Mar 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 10 Jun 2022Confirm the Commencement Certificate covers the specific floor you are buying. - 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 24 Dec 2024
Documents filed134
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 134 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.
| Document | Uploaded |
|---|---|
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Q4_AC_Form-1_Emerald_2025.pdf | 25 Apr 2025 |
| Certificates of CA (Form 3)File: Form 03 Emerald Rera Certificate Mar 2025.pdf | 25 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate Emerald Mar 2025.pdf | 25 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Emrald June-2024.pdf | 3 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Emrald Sep-2024.pdf | 3 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engg Cert Emerald Dec 2024.pdf | 2 Apr 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engg Cert Emerald Dec 2024.pdf | 18 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Sep 2017.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Dec Mar 2020.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Dec 2019.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Sep 2019.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Jun 2019.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Mar 2019.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Dec 2018.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Sep 2018.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Jun 2018.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Mar 2018.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Dec 2017.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form 2A Emerald Jun 2017.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Emerald Jun 2020.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Emerald Sep 2020.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Emerald Dec 2020.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A Emerald Mar 2021.pdf | 13 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A Emerald Mar 2022.pdf | 13 Mar 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Nextown Emerald From 05 Rera Certificate Apr-21-Mar-22.pdf | 28 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Nextown Emerald From 05 Rera Certificate Apr-21-Mar-22.pdf | 28 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Nextown Emerald From 05 Rera Certificate Apr-22-Mar-23.pdf | 28 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Nextown Emerald From 05 Rera Certificate Apr-23-Mar-24.pdf | 28 Feb 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Jun 2022.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Sep 2022.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Dec 2022.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Mar 2022.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald June 2023.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Sep 2023.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Dec 2023.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Mar 2024.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Jun 2024.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Sep 2024.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Mar 2022.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Dec 2021.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Sep 2021.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Jun 2021.pdf | 31 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Eng Certificate_Nextown-Emerald Mar-2021.pdf | 31 Jan 2025 |
| Certificates of CA (Form 3)File: Form 03 Emerald Rera Certificate Dec 2024.pdf | 20 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Certificate_Nextown-Emerald-Sep2020.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2_Engineer's Certificate Emerald-Jun 2020.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Eng Certificate_Nxt-Emerald-Dec19.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate_Nextown-Emerald Sep-19.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate_Nextown-Emerald-Jun19.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Emerald Sep-18.pdf | 16 Jan 2025 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer's Certificate_Nextown-Emerald JN-18.pdf | 16 Jan 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Q3_AC_Form-1_Emerald_2024.pdf | 14 Jan 2025 |
| Certificates of CA (Form 3)File: MEGL Rera Certificate Emerald Jun 2019.pdf | 27 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: EMERALD.pdf | 24 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Emerald Dec 2019.pdf | 19 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: signedQ1_AC_Form-1_Emerald_2024.pdf | 19 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Q2_AC_Form-1_Emerald_2024.pdf | 19 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Emerald Sep 2020.pdf | 19 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Emerald Sep 2020.pdf | 19 Dec 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Arc Cert Emerald Sep 2020.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Sep 24.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald June 24.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Coral March 24.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Dec 23.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Sep 23.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald June 23.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald March 23.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Dec 22.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Sep 22.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL June Emerald Jun 22.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Coral March 22.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Dec 21.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald June 21.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Sep 21.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald Dec 20.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: MEGL Emerald March 21.pdf | 19 Dec 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engg Cert Emerald Mar 2019.pdf | 19 Dec 2024 |
| Certificates of CA (Form 3)File: NEXTOWN-EMERALD DEC17.pdf | 17 Dec 2024 |
| Certificates of CA (Form 3)File: Emerald Rera Certificate Jun 2018.pdf | 17 Dec 2024 |
| Certificates of CA (Form 3)File: Emerald Rera Certificate Sep 19.pdf | 17 Dec 2024 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 4 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 134 filed documents as one ZIP, foldered, with a manifest
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Filed coordinates, straight-line distance. 82 registered projects within 2 km.
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Builder: MARATHON ENER-GEN
MARATHON ENER-GEN has 5 registrations on MahaRERA, including MARATHON NEXTOWN EMERALD and MARATHON NEXTOWN CORAL. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if MARATHON NEXTOWN EMERALD is delayed beyond 29 Dec 2020?
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 NEXTOWN EMERALD?
The registered promoter entity is MARATHON ENER-GEN, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 NEXTOWN EMERALD?
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 NEXTOWN EMERALD?
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 NEXTOWN EMERALD?
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.
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