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NARMADA PLAZA
By M/S NEXZONE FISCAL SERVICES PVT LTD
RG-MH-54561 · RERA PC1182022600182 · Last updated on MahaRERA portal: 17 Jul 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
Clear
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
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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NARMADA PLAZA is a Commercial project by M/S NEXZONE FISCAL SERVICES PVT LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as PC1182022600182 on 18 Apr 2026. Possession is promised by 31 Dec 2029. 0 of the 15 units on this registration are recorded sold or booked, and 1 of 10 construction stages are filed complete.
At a glance
Project
- NameNARMADA PLAZA
- TypeCommercial
- Location
- TEMBHI PADA ROAD
- BHANDUP
- Kanjurmarg
- Kurla
- Mumbai Suburban
- 400078
- Pincode400078
- MapView location on Google Maps (as filed on RERA)
- RERA no.PC1182022600182
- ReraGenie IDRG-MH-54561
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on18 Apr 2026
- Promised completion31 Dec 2029
- Revised completionNone
- Buildings1 building record
- Documents filed9 files
Current status
Figures as on 17 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BLDG. NO.1 WING B & C (PT) | WING B | 25 | 22 | 0 | 15 | 15 |
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 17 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.
1 of 10 construction stages are filed complete. The stage furthest along is Plinth, at 67%.
BLDG. NO.1 WING B & C (PT) · wing WING B: 29% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | Not applicable |
| Plinth | 67% |
| Stilt Floor | 67% |
| Slabs of Super Structure | 57% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 3% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| 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. | 0% |
Progress on shared amenities15
As on 17 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | 0% |
| Water Supply | No | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | 0% |
| Storm Water Drains | No | 100% |
| Landscaping & Tree Planting | No | 0% |
| Street Lighting | No | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | 0% |
| Solid Waste Management And Disposal | No | 0% |
| Water conservation /Rain water harvesting | No | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | 0% |
| Electrical meter room, sub-station, receiving station | No | 0% |
| Aggregate area of recreational Open Space | No | 0% |
| Open Parking | No | 0% |
Parking filed31
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 ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BLDG. NO.1 WING B & C (PT) | WING B | Rs 5.97 cr | Rs 27.72 lakh |
| - | NA | Rs 1.79 cr | Rs 62.11 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SANTOSHKUMAR PREMCHANDRA DUBEY |
| Architect | SANTOSH PREMCHAND DUBEY |
| Engineer | URVESH VIRENDRA MEHTA |
| Chartered Accountant | DINESH GANPAT PAI |
| Partner | Role in project |
|---|---|
| M/S NEXZONE FISCAL SERVICES PVT LTD | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 11673/2024 | Hon'ble High Court Bombay | Ongoing |
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 reportNot on the file
A lawyer's report on who owns the land and what is registered against it.
- Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Mar 2026 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 24 Mar 2026 - Commencement CertificateNot on the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
- 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 2029
Documents filed9
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.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Q1_AC_Form-1_Narmada Plaza_2026.pdf | 17 Jul 2026 |
| Withdrawal Update Form 2File: signedNarmada Plaza Form2 revised updated june 2026.pdf | 17 Jul 2026 |
| Withdrawal Update Form 3File: Form 3 RERA Narmada Plaza Jun 26.pdf | 17 Jul 2026 |
| Layout approvalFile: AMD 28022025 1 LAYOUT PLAN.pdf | 24 Mar 2026 |
| Building plan approvalFile: AMD 28022025BLDG PLAN 1-6.pdf | 24 Mar 2026 |
| Building plan approvalFile: AMD 28022025 BLDG PLAN 7-9.pdf | 24 Mar 2026 |
| Building plan approvalFile: AMD 28022025 BLDG PLAN 10-12.pdf | 24 Mar 2026 |
| Declaration and undertaking (Annexure A)File: Annexure-A.pdf | 24 Mar 2026 |
| Building plan approval or NA orderFile: CC.pdf | 24 Mar 2026 |
Promoter's earlier projects14
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.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| MARATHON NEXZONE PHASE 3_S6 WING DPM1273032502380 | Near Palaspe Phata Panvel Mumbai Maharashtra, Raigarh | 197 | Feb 2026 | Ongoing | Dec 2032 | Not due yet |
| MARATHON NEXZONE PHASE 3_S6 WING BPM1273032502304 | Near Palaspe phata Panvel Mumbai Maharashtra, Raigarh | 169 | Feb 2026 | Ongoing | Dec 2030 | Not due yet |
| MARATHON NEXZONE PHASE 3_S6 WING APM1273032502296 | palaspe phata, Raigarh | 169 | Feb 2026 | Ongoing | Dec 2029 | Not due yet |
| MARATHON NEOVALLEY NARMADA WING CP51800081112 | bhandup, Mumbai Suburban | 166 | Mar 2026 | Ongoing | Dec 2029 | Not due yet |
| MARATHON NEOPARK ASHOKA WING CP51800030752 | BHANDUP WEST, Mumbai Suburban | 151 | Sep 2021 | Ongoing | Jun 2028Registered original: Dec 2025 | Not due yet |
| MARATHON NEOVALLEY NARMADA WING BP51800050264 | BHANDUP, Mumbai Suburban | 216 | Mar 2023 | Ongoing | Dec 2027 | Not due yet |
| MARATHON NEOVALLEY KAVERI WING AP51800026955 | BHANDUP, Mumbai Suburban | 269 | Nov 2020 | Ongoing | Jun 2027Registered original: Jun 2025 | Not due yet |
| MARATHON NEOSQUARE AP51800010386 | BHANDUP, Mumbai Suburban | - | Aug 2017 | Ongoing | Dec 2026Registered original: Dec 2022 | Not due yet |
| MARATHON NEOVALLEY KAVERI WING BP51800026970 | BHANDUP, Mumbai Suburban | 293 | Nov 2020 | Ongoing | Jun 2026 | Not delivered |
| MARATHON NEOPARK ASHOKA WING BP51800030751 | BHANDUP WEST, Mumbai Suburban | 128 | Sep 2021 | Completed | Dec 2025 | Sep 2024 |
| MARATHON NEOPARK ASHOKA WING AP51800031073 | BHANDUP WEST, Mumbai Suburban | 193 | Oct 2021 | Ongoing | Dec 2025 | Not delivered |
| MAHAKALESHWAR WING BP51800055887 | BHANDUP, Mumbai Suburban | 26 | Apr 2024 | Ongoing | Dec 2025Registered original: Dec 2024 | Not delivered |
| EKVEERAP51800032741 | SIDHARTH NAGAR MULUND WEST, Mumbai Suburban | - | Jan 2022 | Completed | Dec 2023 | Late, Mar 2024 |
| MARATHON FUTUREX 1P51900025476 | N.M. Joshi Marg, Lower Parel, Mumbai | - | Jun 2020 | Completed | Jun 2021 | Late, Aug 2021 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 1 condition 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 9 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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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 NARMADA PLAZA is delayed beyond 31 Dec 2029?
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 NARMADA PLAZA?
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 NARMADA PLAZA?
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 NARMADA PLAZA?
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 NARMADA PLAZA?
The professionals named in the filing: Architect: SANTOSHKUMAR PREMCHANDRA DUBEY; Architect: SANTOSH PREMCHAND DUBEY; Engineer: URVESH VIRENDRA MEHTA; 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 NARMADA PLAZA?
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; how the declared litigation on this registration affects your risk; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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