Marvel Gold - Phase I

Project Overview

Marvel Gold - Phase I is a lapsed real estate project situated in HARIJAN COLONY, VALMIKI NAGAR, Mumbai, Maharashtra. It is registered under MahaRERA with registration number P51800006875, filed on 29 July 2017. The project comprises 2 buildings. The sanctioned completion date is 30 December 2021.

Location & Connectivity

Marvel Gold - Phase I is located in HARIJAN COLONY, VALMIKI NAGAR, Mumbai, Maharashtra. Mumbai offers one of India's most extensive urban transport networks, including the Western and Central Railway suburban lines, multiple metro corridors, and the Eastern and Western Express Highways. The HARIJAN COLONY, VALMIKI NAGAR locality is well-served by Mumbai's suburban rail and road network, with proximity to commercial, educational, and healthcare facilities.

Developer & Approvals

The project is developed by Swaroop Constructions Private Limited, operating under the regulatory oversight of MahaRERA. MahaRERA registration number P51800006875 is the definitive identifier for this project; all compliance filings, quarterly progress reports, and escrow account details are accessible on the MahaRERA portal (maharera.mahaonline.gov.in). The project was registered with the authority on 29 July 2017. Maharashtra's Real Estate (Regulation and Development) Act, 2016 mandates that promoters maintain a designated escrow account holding at least 70% of collected amounts, file quarterly progress reports, and obtain Occupancy Certificate before handing possession to buyers. Buyers are advised to verify the current status of this registration—particularly if the RERA status is shown as Lapsed—directly on the portal before entering into any agreement.

Configurations & Amenities

Specific unit configurations are not enumerated in the available RERA filing data; buyers should request the full unit schedule from the promoter or the MahaRERA portal.

In terms of facilities, the project is designed to provide residents with: 24x7 Security with CCTV, Power Backup, High-Speed Passenger Lifts, Landscaped Gardens, Swimming Pool, Gymnasium, Clubhouse, Children's Play Area, and 6 additional facilities. Additional facilities include Jogging Track, Indoor Games Room, Multipurpose Hall, Ample Visitor Parking, and more. Buyers should confirm the actual scope of facilities against the RERA-filed amenities declaration, as only contractually committed amenities carry regulatory enforceability.

Investment & Buyer Due Diligence

Marvel Gold - Phase I, registered under MahaRERA as P51800006875, carries a current status of Lapsed on the MahaRERA portal. A lapsed RERA status indicates that the project's registration has not been renewed or that an extension was not obtained. Buyers considering a lapsed project must exercise heightened caution: verify the promoter's renewal application status, ensure no new bookings are being taken without a valid registration, and seek independent legal advice before committing funds.

For due diligence purposes, buyers should: (a) independently verify the RERA registration, promoter identity, and quarterly filings on maharera.mahaonline.gov.in; (b) inspect the municipal-sanctioned building plan and confirm no deviation from filed plans; (c) confirm the developer's escrow account details to ensure payment protection; (d) review the promoter's track record across all prior projects registered on MahaRERA; (e) engage an independent legal professional to review the Agreement for Sale before payment; and (f) physically inspect the site and neighbourhood connectivity at different times. The agreed possession timeline under RERA is 30 December 2021. Any delay beyond this date entitles buyers to compensation under Section 18 of RERA.