MahaRERA Property Intelligence · Thane

PG SWARA

P51700077113 · KULGAON BADLAPUR · promoter Yogesh Shankar Pawar

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51700077113
Registered on23 Jul 2024
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to 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, Yogesh Shankar Pawar is the promoter of record on 200 projects, of which 29 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.

Construction Progress

MahaRERA's cost filing puts construction at ~77.1% of the estimated project cost incurred as of the last certificate (₹9.64 Cr spent against a ₹12.50 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 49 homes filed with MahaRERA, 25 are sold/booked (17 with registered agreements + 8 booked) and 24 remain available (~51% sold) — selling steadily. Buyers have committed ₹8.84 Cr in agreement value so far. Of that, ₹5.77 Cr (~65%) is already collected, ₹3.07 Cr receivable — a read on how far along these sales really are. Note: the project registers 92 homes in total, but this sold/unsold inventory filing covers only 49 of them — the other 43 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 25 registered agreements, the effective carpet rate is ₹7,128/sqft (typical range ₹5,444–₹9,518) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1101384 sqft (35.69 sqm)₹17.67 Lakh
Floor 1102515 sqft (47.87 sqm)₹23.70 Lakh
Floor 1104425 sqft (39.49 sqm)₹19.55 Lakh
Floor 1010011,237 sqft (114.93 sqm)₹59.48 Lakh
Floor 2201384 sqft (35.69 sqm)₹17.67 Lakh
Floor 3301384 sqft (35.69 sqm)₹17.67 Lakh
Floor 3304425 sqft (39.49 sqm)₹19.55 Lakh
Floor 4401384 sqft (35.69 sqm)₹17.67 Lakh
Floor 4402515 sqft (47.87 sqm)₹23.70 Lakh
Floor 4404425 sqft (39.49 sqm)₹19.55 Lakh
Floor 5501384 sqft (35.69 sqm)₹18.47 Lakh
Floor 5503507 sqft (47.07 sqm)₹24.36 Lakh
Floor 5504425 sqft (39.49 sqm)₹20.44 Lakh
Floor 5506360 sqft (33.49 sqm)₹16.58 Lakh
Floor 6601384 sqft (35.69 sqm)₹18.47 Lakh
Floor 6602515 sqft (47.87 sqm)₹24.77 Lakh
Floor 6604425 sqft (39.49 sqm)₹20.44 Lakh
Floor 6605251 sqft (23.28 sqm)₹12.05 Lakh
Floor 7702515 sqft (47.87 sqm)₹24.77 Lakh
Floor 7704425 sqft (39.49 sqm)₹20.44 Lakh
Floor 8801384 sqft (35.69 sqm)₹18.47 Lakh
Floor 8802515 sqft (47.87 sqm)₹24.77 Lakh
Floor 99011,213 sqft (112.66 sqm)₹58.30 Lakh
Ground/Floor 000266 sqft (6.1 sqm)₹4.28 Lakh

⚠ The inventory filing also declares: 2 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+10 and 92 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING NO 11G+635-
BUILDING NO 21G+1057-

Unit mix on the filing: 86 residential and 6 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at KULGAON BADLAPUR, GAONDEVI ROAD, Ambarnath, Thane, 421503. Per the filed land record, the plot is bounded to the north by 9 MTR ROAD, to the south by BUNGLOW AND BUILDING, to the east by 12 MTR and to the west by 6 MTR ROAD AND OPEN LAND. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8203 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort8201 km
Lower Parel / Worli business district8203 km
Chhatrapati Shivaji Int'l Airport8208 km
Bandra Kurla Complex (BKC)8208 km
Andheri MIDC / SEEPZ8208 km
Powai / Hiranandani business park8212 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 Thane

PG Vatika
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PG Vrundavan
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Phatak Wada
declared completion Jun 2025 · Aditya Associates
Phoenix Aura
declared completion Dec 2024 · Phoenix Buildcon
Phoenix Aura Phase 2
possession by Jan 2027 · Phoenix Buildcon

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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