MahaRERA Property Intelligence · Palghar

GUARDWEL SWASTIK HORIZON

P99000010829 · promoter Swastik Spaces Limited

Certificate SignedDue 30 Sep 2024

Delivery & Registration

MahaRERA registrationP99000010829
Registered on31 Aug 2017
Promoter-declared completion30 Sep 2024
Current statusCertificate Signed
Against todayabout 22 months past the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Swastik Spaces Limited is the promoter of record on 119 projects, of which 16 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+0.

BuildingWingsFloorsDeclared completion
HORIZON PHASE I1G+031 Dec 2018

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000019724521/06/2021M/s. Guardwel Industries Pvt. Ltd. vs M/s. Swastik Spaces Ltd. through its Directors 1) Mr. Deepak Purushottam Shah 2) Mr.Kishor D. Naikorder passed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Sep 202431 Mar 2023Due to financial crunch, new policies affecting and no sale.
30 Sep 202430 Sep 2024We hereby notify that there has been a delay in completion of the project due to non-availability of labour, materials and lack of customer demand during Covid 19 which has also le

Location, Land & Connectivity

Located at Vasai, Palghar, 401208. Per the filed land record, the plot is bounded to the north by S No 117, to the south by S No 256, to the east by S No 255 B and to the west by S No 114. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~27 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ27 km
Powai / Hiranandani business park28 km
Chhatrapati Shivaji Int'l Airport32 km
Bandra Kurla Complex (BKC)34 km
Lower Parel / Worli business district42 km
Nariman Point / Fort50 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Other RERA-registered projects in Vasai East

Samruddhi Ind. Estate
possession by Jul 2026 · Krisha Buildtech LLP
Armaan Crystal Uptown
possession by Aug 2026 · Armaan Housing LLP
Nakshatra Aarambh
possession by Sep 2026 · JSB Shelters LLP
AAI Chandika Hills
possession by Sep 2026 · Shivam Builders & Developers
Dreams Heights Building NO- I
possession by Sep 2026 · Lodha Builders AND Developers
Trinity Oasis
possession by Sep 2026 · Harsh Tirupati Developers LLP

Major developers building in Vasai East

Other RERA-registered projects in Palghar

Gulmohar Avenue
declared completion Apr 2025 · Himanshu Sham Tendulkar
Gulmohar Heritage Building NO 3 Wing C AND D
declared completion May 2019 · Viva Swastik Homes
Gulmohar Heritage Building NO 3 Wing E Phase I
declared completion Jun 2026 · Viva Swastik Homes
Gulmohar Heritage Building No 3 Wing E Phase Ll
possession by Dec 2026 · Viva Swastik Homes
Gunaji Vasudeo Complex
declared completion Dec 2021 · Purshotam Gopaldas Sehwani
Gundecha Woods Phase 1
declared completion May 2019 · Gundechaconstructionpvtltd

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026