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Completed No litigation declared Residential / Group Housing project

MARVEL ARCO E BUILDING

By MARVEL SIGMA HOMES PRIVATE LIMITED

RG-MH-21322 · RERA P52100007022 · Last updated on MahaRERA portal: 10 Jan 2020

Source: official MahaRERA filing

Red flags

  • 3 complaints at MahaRERA

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

1 condition is 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.

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Dec 2018Possession promisedregistration recorded completed
7 of 11Construction stages donefurthest along: Internal walls, 95%
3Complaints at MahaRERAon this registration
Jump to the 25 documents Report an error

MARVEL ARCO E BUILDING is a Residential / Group Housing project by MARVEL SIGMA HOMES PRIVATE LIMITED in Pune, Maharashtra, registered with MahaRERA as P52100007022 on 17 Aug 2017. The registration is recorded completed; possession was promised by 31 Dec 2018. 3 complaints are on record with the regulator.

At a glance

Project

  • NameMARVEL ARCO E BUILDING
  • TypeResidential / Group Housing
  • Location
    • Hadapsar
    • Haveli
    • Pune
    • 411028
  • Pincode411028
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100007022
  • ReraGenie IDRG-MH-21322

Builder

  • NameMARVEL SIGMA HOMES PRIVATE LIMITED
  • Entity typeCompany
  • Managing DirectorVISHWAJEET SUBHASH JHAVAR
  • Other registrations11 more →
  • Completed5 of 12
  • No longer live6 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

this monthRegisteredAug 2017PromisedDec 2018Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on17 Aug 2017
  • Promised completion31 Dec 2018
  • Revised completionNone
  • Buildings1 building record
  • Documents filed25 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ENA170000

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 10 Jan 2020, 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.

7 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 95%.

E: 97% 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/Premises95%
Sanitary Fittings within the flats / premises85%
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.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.90%

Progress on shared amenities15

As on 10 Jan 2020, 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 SupplyYes95%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes85%
Storm Water DrainsYes90%
Landscaping & Tree PlantingYes95%
Street LightingYes95%
Community BuildingsYes75%
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes65%
Energy managemcntYes30%
Fire protection and fire safety requirementsYes90%
Electrical meter room, sub-station, receiving stationYes95%
Aggregate area of recreational Open SpaceYes80%
Open ParkingNoNot applicable

Parking filed69

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 slots69
Closed/Covered69

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.

Land area2,201 sq m
Land owned byThe promoter, with other names on the file
Named landowners2
LandownerVillageDistrict
ASHISH TUPEPune (M Corp.)Pune
NITIN TUPEPune (M Corp.)Pune

Approvals and building plan

Permissible FSI5148.34
Proposed, not sanctioned4,648 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 branchSHIVAJINAGAR

Certifying professionals and partners2

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

RoleName
ArchitectRAHUL MALWADKAR
EngineerRAJESH VASUDEV MANKANI
PartnerRole in project
MARVEL SIGMA HOMES PRIVATE LIMITED-

Complaints filed with MahaRERA3

Case no.ComplainantRespondentFiled
CC005000000011133Narendra tannaMarvel Sigma Homes Pvt.Ltd09/03/2018
CC005000000022188Mrs. Farzana Darayus MojganiMarvel Sigma Homes Private imited27/10/2018
CC005000000095959marvel arcoMarvel Sigma Homes Private Limited23/09/2022

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 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 31 Jul 2017
  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 31 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 31 Jul 2017Confirm 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 8 Jan 2020

Documents filed25

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
Architect’s Certificate on Completion of Project (Form 4)File: New Doc 2020-01-10 17 59 47_1_compressed.pdf10 Jan 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arco E.pdf8 Jan 2020
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate E.pdf8 Jan 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCO E BUILDING.pdf1 Dec 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCO E.pdf31 Mar 2018
Building plan approvalFile: Sheet No7 E F.pdf31 Jul 2017
Building plan approvalFile: Sheet No8 E F.pdf31 Jul 2017
Building plan approvalFile: Sheet No9 E F.pdf31 Jul 2017
Building plan approvalFile: Sheet No10 A B C D E F.pdf31 Jul 2017
Layout approvalFile: LAYOUT.pdf31 Jul 2017
PAN CardFile: Pan Card MARVEL SIGMA HOMES PRIVATE LIMITED.pdf31 Jul 2017
Copy of the legal title reportFile: Title Report.pdf31 Jul 2017
Details of encumbrancesFile: Mortgage Deed Index II.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: LAYOUT.pdf31 Jul 2017
Building Plan Approval (IOD)File: Sheet No7 E F.pdf31 Jul 2017
Building Plan Approval (IOD)File: Sheet No8 E F.pdf31 Jul 2017
Building Plan Approval (IOD)File: Sheet No9 E F.pdf31 Jul 2017
Building Plan Approval (IOD)File: Sheet No10 A B C D E F.pdf31 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf31 Jul 2017
Declaration in FORM BFile: Arco Affidevit.pdf31 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architects Certificate E Building.pdf31 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate E Building.pdf31 Jul 2017
Certificates of CA (Form 3)File: Marvel_Arco E.pdf31 Jul 2017
Proforma of Allotment letterFile: Booking or Allotment letter of E Building.pdf30 Jul 2017
OtherFile: PROPOSED LAYOUT.pdf30 Jul 2017

Promoter's earlier projects2

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 promise1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
MARVEL SUFLAMFINAL PLOT NO 322 GHORPADE PETH PUNE4CompletedSep 2015Aug 2015
MARVEL CRESTFINAL PLOT NO 362 -2 GHORPADI PUNE12CompletedMar 2015Late, Apr 2015

How this compares with Pune

26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is completed

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune 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 Hadapsar13,700+ in Pune

2 kmMARVEL ARCO E BUILDINGCompleted 84Lapsed / revoked 20Other 93Dot size: filed unitsN

Filed coordinates, straight-line distance. 197 registered projects within 2 km.

Builder: MARVEL SIGMA HOMES PRIVATE LIMITED

MARVEL SIGMA HOMES PRIVATE LIMITED has 12 registrations on MahaRERA, including MARVEL SERA A,B,C BUILDING and Marvel Kyra A AND B Building. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 past projects completed on time. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if MARVEL ARCO E BUILDING is delayed beyond 31 Dec 2018?

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 MARVEL ARCO E BUILDING?

The registered promoter entity is MARVEL SIGMA HOMES PRIVATE LIMITED, a company 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 MARVEL ARCO E BUILDING?

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 MARVEL ARCO E BUILDING?

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 MARVEL ARCO E BUILDING?

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 MARVEL ARCO E BUILDING?

The professionals named in the filing: Architect: RAHUL MALWADKAR; Engineer: RAJESH VASUDEV MANKANI. 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 MARVEL ARCO E BUILDING?

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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