MahaRERA Property Intelligence · Palghar

SWAPNAPURTI COMPLEX

P99000024464 · Wada · promoter Yashlaxmi Creations

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP99000024464
Registered on13 Feb 2020
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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.

Construction Progress

MahaRERA's cost filing puts construction at ~35.3% of the estimated project cost incurred as of the last certificate (₹2.40 Cr spent against a ₹6.80 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 72 homes filed with MahaRERA, 38 are sold/booked (19 with registered agreements + 19 booked) and 34 remain available (~53% sold) — selling steadily. Buyers have committed ₹6.26 Cr in agreement value so far. Of that, ₹3.39 Cr (~54%) is already collected, ₹2.87 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 38 registered agreements, the effective carpet rate is ₹3,543/sqft (typical range ₹3,084–₹3,912) — 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 1101539 sqft (50.03 sqm)₹13.36 Lakh
Floor 1102414 sqft (38.45 sqm)₹10.27 Lakh
Floor 1103447 sqft (41.57 sqm)₹11.10 Lakh
Floor 1104423 sqft (39.26 sqm)₹10.48 Lakh
Floor 1105423 sqft (39.26 sqm)₹10.48 Lakh
Floor 1106447 sqft (41.57 sqm)₹11.10 Lakh
Floor 1107414 sqft (38.45 sqm)₹10.27 Lakh
Floor 1108592 sqft (55.03 sqm)₹14.69 Lakh
Floor 2201592 sqft (55.03 sqm)₹14.69 Lakh
Floor 2202414 sqft (38.45 sqm)₹10.27 Lakh
Floor 2203447 sqft (41.57 sqm)₹11.10 Lakh
Floor 2204423 sqft (39.26 sqm)₹10.48 Lakh
Floor 2205423 sqft (39.26 sqm)₹10.48 Lakh
Floor 2206447 sqft (41.57 sqm)₹11.10 Lakh
Floor 2207414 sqft (38.45 sqm)₹10.27 Lakh
Floor 2208592 sqft (55.03 sqm)₹14.69 Lakh
Floor 3301592 sqft (55.03 sqm)₹14.69 Lakh
Floor 3302414 sqft (38.45 sqm)₹10.27 Lakh
Floor 3303447 sqft (41.57 sqm)₹11.10 Lakh
Floor 3304423 sqft (39.26 sqm)₹10.48 Lakh
Floor 3305423 sqft (39.26 sqm)₹10.48 Lakh
Floor 3306447 sqft (41.57 sqm)₹11.10 Lakh
Floor 3307414 sqft (38.45 sqm)₹10.27 Lakh
Floor 3308592 sqft (55.03 sqm)₹14.69 Lakh
Floor 4401592 sqft (55.03 sqm)₹14.69 Lakh
Floor 4402414 sqft (38.45 sqm)₹10.27 Lakh
Floor 4403447 sqft (41.57 sqm)₹11.10 Lakh
Floor 4404405 sqft (37.65 sqm)₹10.05 Lakh
Floor 4404423 sqft (39.26 sqm)₹10.48 Lakh
Floor 4405432 sqft (40.17 sqm)₹10.73 Lakh
Floor 4405423 sqft (39.26 sqm)₹10.48 Lakh
Floor 4406447 sqft (41.57 sqm)₹11.10 Lakh
Floor 4407414 sqft (38.45 sqm)₹10.27 Lakh
Floor 4408592 sqft (55.03 sqm)₹14.69 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+5 and 72 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Mayureshwar Niwas1G+52031 Dec 2024
Siddheshwar Apartment1G+52031 Dec 2024
Vigneshwar Sadan1G+53231 Dec 2024

Unit mix on the filing: 72 residential.

Complaints

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

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Dec 202531 Dec 2029The delay in completion of the project has occurred due to circumstances wholly beyond the reasonable control of the promoter, arising from financial constraints, disruption in the

Location, Land & Connectivity

Located at Wada, Sharad Nagar, Vada, Palghar, 421303. Per the filed land record, the plot is bounded to the north by S No-258-1, to the south by Plot No-6, to the east by S No-292 and to the west by S No-132. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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 Palghar

Swapnlok Residency Phase II
possession by Dec 2027 · Shiv SAI Developers
Swarna
declared completion Jun 2024 · Parshva Realty
Swastick Heights
declared completion Jun 2024 · Shree Swastick Builders
Swastik Audumbar
possession by Dec 2026 · Swastik Builders AND Developers
Swastik Bellevieu
declared completion Dec 2025 · Jagadish Narayan Bhadbhade
Swastik Elite
declared completion Dec 2025 · Vivek Umashankar Gupta

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