[Resolved]  Marvel Realtors — Marvel Realtors Racist company for Muslims

Address:Pune, Maharashtra

My name is Tabrez Khan (name changed as builder gave threat for life),

This happened 6 months back. I had enquired for Marvel Realtors at NIBM, I liked their plans and specifications. I also checked their reputation and found out they were good with the delivery and quality of construction. After number of visits on site and discussions with the sales executive Jitendra, I decided to buy a 3BHK apartment in Marvel Isola.
I went to the office on sunday morning to their sales office. Their I met Mohsin and told him I had come to book a 3BHK at Isola. I filled the client information form, he read my name and he asked me ' Sir are you Bhori Muslim, I was not surprised as he was one too and population living at NIBM are Bhori's. So I told him no I'm not Bhori but sunni. Then he went out called his director to ask that should he take the booking or not.And I could hear what he and director was saying clearly as no one as there in the office. Then he came in and said according to latest information we don't have any apartments available at NIBM. I looked in his eyes and told him i heard what his director told him. Then he opened up all. Marvel realtors don't take Bookings of Muslims as their most of the clients at NIBM are marwadi's who are strict with non vegeterian policy in the society.
I addition to this racist policy of Marvel he also told me that the CEO of the company originates from Aurangabad. Then I got a clear picture of the situation. I told him I will file a legal suit against the company. Later that day their director called me and gave me threat of life. So I have been keeping quit for so long. But got courage to report this now.
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Aug 13, 2020
Complaint marked as Resolved 
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Abdul here,
This happened with me also, the sales executive at site told me the same thing...
read the discussion on india real estate forum.. and got this link.. this is true .. not only for Muslims but also for non-veg eating maharashtrians.. hahhaha..
How can a builder be racist to non-vegetarians and that to maharashtrians and that too in maharashtra..
One of my engineer friends working on senior position at marvel had told me this but now it is confirmed.
Marvel Realtors are Racist.. They even distcriminate and exploit their employees on site in many worst ways..
there many things that people of pune don't know about marvel realtors...

1) racism is in the blood of management of the company and that is true... even many maharashtrians have also been denied booking on non vegetarian basis.

2) No one in the company will clarify about the finances and funding.. they only say that it is private equity.. there are two is Paracor Capital Advisors Private Limited, Mauritius and other one I don't know.. but they claim that these company has investors from Europe and US. All the black money and money by hasan ali from koregaon park is diverted from these two major companies as private equity.

3) marvel is also in big dept of ICICI prudential bank for their kharadi projects.. and big loan with HDFC for its Magarpatta projects.
the top management is very secretive about it. they are in plan to take everyone down along with them...
they proudly say that KPMG was is their auditor so clients need not worry.. but we know even Satyam... 2G ... also had reputed auditor.
I completely agree to all the acquisitions.. I have booked an apartment in Marvel Ritz a 3BHK penthouse of 2390 sq. ft... I'm a Jain vegetarian so I got an apartment plz don't blame me for that..
At the time of booking the sales executive Kaushal told that the maintenance is only one time and builder will maintain the society for life time . But after possession
when I called their customer relationship management executive Minakshi.. I was taken at shock that offer was only for maintenance till exepenses of Rs.3000/- and she spoke to me so rudely.. I checked the agreement so that i can complaint in consumer forum.. and but in agreement it was not mentioned anything.. marvel realtors are cheats.. their directors and CEO is a big cheat.. they talk to clients very sweetly while/ before booking.. at the time of signing agreement the director of sales she assured me that all the amenities and facilities (free maintenance) are mentioned in the agreement, so I did not read the agreement. but now after spending crores for a house I get this.. Marvel's service is the worst I say..
Disagree with these allegations. Even I am planning to buy a property in Marvel, I recently went to one of their offices for booking an apartment. But they dint ask me about my religion. So I am going ahead with my plan of buying the house.
Disagree with the above allegations. I recently went to book a house in one of the properties of Marvel. I was not asked about my religion even once. Therefore I am going forward to book my house.
We at Marvel Realtors refute all allegations posted in this site. We are an ethical company with high socio responsibilities which is evident from our fair and transparent approach towards all stakeholders including clients & employees.

Just to share a few fact and numbers about Marvel Realtors, as a company:
 Overall Marvel has 1, 413 customers, of which 10% are from the mentioned community
 At Marvel Isola (at NIBM Road, Pune) more than 10% of our customers are comprised of the referred community
 At Marvel, employment is based on skill, merit and equal opportunity, not on religion, caste or community. Out of the total diversified workforce at Marvel, 8% are from the referred community holding critical appointments, including sales.
 We are not biased to any food habits, which are viewed as a personal choice.

The above facts clearly demonstrate that for Marvel, all customers are alike, regardless of their faith, caste or community.

At Marvel we promise to provide a dedicated after sales service team to ensure all concerns of our customers are dealt with, because of which, client referrals account for 35% of our sales.

Marvel has been growing at an exceptional rate in the last 5 years because of the quality and advanced technology of the product and the confidence shown by all stake holders (including clients, private equity, vendors and joint development partners). Some of the largest names in real estate private equity like ICICI Prudential, HDFC AMC, JM Financial, Paracor, Och Ziff (one of the largest Hedge Funds in the world) etc. have partnered with Marvel.

We, at Marvel Realtors, have all the details of the investors as our Company has a philosophy of adopting high standards of corporate governance in all operations and processes. The key elements in corporate governance are transparency, disclosure, supervision, internal audit etc. In order to enable them, three of the big four auditing firms provide inputs for our corporate governance, and execute statutory and internal audit services.

Just to reiterate, for us as an organization, customer satisfaction is top priority. The same can be substantiated by various positive customer feedbacks over the years complimenting our ethical practice and product quality.

*Please refer to the following link for feedback from our patrons:
http://www.marvelrealtors.com/about-customer-speak.aspx
I am a customer with Marvel Realtors. A lot of information below is not true. I know numerous Bohri Muslims who have penthouse flats in marvel Isola. They are courteous to their customers.
Only issue I have is that Possession of marvel I sola has been delayed by 6 months plus. This is worrying.
In fact if you see some Muslim societies like Millat Nagar in Mumbai. it is stated very clear on society board that Non-Muslims are not permitted to buy flats there.
All said & done although still good other builders have caught up with Marvel's quality and they now need to innovate.
I completely agree with Hitesh Lodha. I booked an apartment in Marvel Citrin in 2009. At the time of booking all Marvel Citrin sales documents and sales executive told us that possession will be given in Dec. 2012. When we went for the registration they changed possession date as May 2013 without any information. After May 2013 we met VP & CEO many a time regarding possession but every time they come with new date e.g. July 2013, Oct. 2013, Nov 2013 (VP promised us to send us mail regarding possession but had not do so) and Jan. 2014. Every time you go to Marvel office their staff will not allow you to meet VP & CEO. Both VP & CEO promised me that they will send mail to me regarding possession but they never did so. They are liars, cheat and fraud. Their foundation is based on cheat and frauds.

I am just highlighting at this forum those who are thinking or planning to buy property from Marvel Realtors seeing their brand name and quality of work. Please don't go on its name you will have to suffer like me. Hope many of Marvel are suffering like me. They talk to clients very sweetly while/ before booking and then they will show their real character.
I m Rajesh Patne From Pune Sir I have purchased flat from Marvel Builder at NIBM Road Project Name Marvel Sangria and the builder not giving the possession in time, the possession date was December 2013, I have taken the loan from ICICI Bank but now the bank is not helping me to come out from this situation kindly help me and look into the matter
Yezdi Motiwalla
Yezdi Motiwalla Dear Rajesh Patne sure we will help you and look into the matter, as you had called me for the meeting yesterday with your bankers ICICI Bank, kindly get connected as i have forwarded your grievance to the bank Jai Hind
Dear friends yesterday i visited the Bank with one of the victim who is stuck with the builder
To my utmost surprise i found that the Bank Regional Head Mortgages, was also hands in gloves with the builder Buyers just dont trust blindly even the banks cheat on you the dont vet the documents and the work in the interest of the builder, like a fool he is calling up the builders office and informing him about our presences what a example of hands in gloves, always ask your bank the EPN no on which the bank pass the project loan to the builder, he made us sit for almost 1.55 minutes to hand over the EPN letter, as he gave it to us i found some discriepences in that letter he immediately took the letter and did not gave it to us From that one can see total BUILDERS men In Solidarity Jai Hind
I am an NRI from Dubai we have purchased 2 apartments in Marvel Sangriya as per the registration document we were to get possession by the end of 2013 and we are in 2016 not knowing when will we get possession for the same. I am sure there are a lot of people stuck like me. Is there any forum where we can all be in touch and pressurize the builder for possession.

Please help
I bought property in Marvel Cascada. Possession was supposed to be in december 2015. nothing done till now. they have stopped responding to all emails, phone calls. absolutely no information from their side.
DO NOT - DO NOT EVER - buy from them. they are complete fraud. sweet talking till you sign the document. after that they will show you that they are COMPLETE CROOKS.
friends, i have invested 3 crores here, and i regret thoroughly. do not buy from them. you will suffer, like i am suffering now.
I have booked Marvel flat in Sangria in July 2011. They promised to give possession by Dec. 2013. But till date I'm waiting for my property. I've already paid them more than 85%. Every time we call them they promise new date. Now their sales person says Project will complete by Dec. 2017. I really don't know if I should sue them. They are really not professionals
I have purchased flat from marvel in their Project Marvel Bounty at DP Road Hadapsar. They have showed me a sample flat and said the actual will be the same. At the day of delivery I can see everything is changed from Tiles to Doors, from Kitchen Marble to glass fittings. Nothing was as per the sample Flat. Their few executives Mr Manoranjan Jha, Mr Pratik. Both arr just telling we will give everything promised to you. After paying money I dont even have parking. I just have allotment letter but in my parking other persons are parking their vehicles as there is no sign board. I have received my flat with no finishing, scratches on the mirror, scratches on the bathroom marble, with Pan Spits of the working there in my washroom. Is this the way Marvel people work??? This is your bloody standards? I am attaching the pictures for the others to have a look at it. Even in my mails to CEO there is no response.

Kishor Kumar Rajani

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