MahaRERA Property Intelligence · Palghar

Swastik Epitome Building 1 Phase I Ground to 7 floors

P99000009930 · 90FEET ROAD · promoter Mahavir Homes

Certificate SignedDue 31 Mar 2028

Delivery & Registration

MahaRERA registrationP99000009930
Registered on22 Aug 2017
Promoter-declared completion31 Mar 2028
Current statusCertificate Signed
Against today20 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, Mahavir Homes is the promoter of record on 125 projects, of which 9 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 ~30.8% of the estimated project cost incurred as of the last certificate (₹3.12 Cr spent against a ₹10.10 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 26 homes filed with MahaRERA, 0 are sold/booked and 26 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 42 homes in total, but this sold/unsold inventory filing covers only 26 of them — the other 16 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.

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 1101922 sqft (85.66 sqm)₹54.46 Lakh
Floor 1101922 sqft (85.66 sqm)₹54.46 Lakh
Floor 1102612 sqft (56.86 sqm)₹36.15 Lakh
Floor 1102612 sqft (56.86 sqm)₹36.15 Lakh
Floor 1103612 sqft (56.86 sqm)₹36.15 Lakh
Floor 1103612 sqft (56.86 sqm)₹36.15 Lakh
Floor 2201922 sqft (85.66 sqm)₹54.46 Lakh
Floor 2201922 sqft (85.66 sqm)₹54.46 Lakh
Floor 2202611 sqft (56.76 sqm)₹36.09 Lakh
Floor 2202611 sqft (56.76 sqm)₹36.09 Lakh
Floor 2203611 sqft (56.76 sqm)₹36.09 Lakh
Floor 3301922 sqft (85.66 sqm)₹54.46 Lakh
Floor 3302612 sqft (56.86 sqm)₹36.15 Lakh
Floor 4401922 sqft (85.66 sqm)₹54.46 Lakh
Floor 4402611 sqft (56.76 sqm)₹36.09 Lakh
Floor 4403611 sqft (56.76 sqm)₹36.09 Lakh
Floor 5501922 sqft (85.66 sqm)₹54.46 Lakh
Floor 5502612 sqft (56.86 sqm)₹36.15 Lakh
Floor 5503612 sqft (56.86 sqm)₹36.15 Lakh
Floor 6601922 sqft (85.66 sqm)₹54.46 Lakh
Floor 6602611 sqft (56.76 sqm)₹36.09 Lakh
Floor 6603611 sqft (56.76 sqm)₹36.09 Lakh
Floor 7701922 sqft (85.66 sqm)₹54.46 Lakh
Floor 7702612 sqft (56.86 sqm)₹36.15 Lakh
Floor 7702612 sqft (56.86 sqm)₹36.15 Lakh
Floor 7703612 sqft (56.86 sqm)₹36.15 Lakh

⚠ The inventory filing also declares: 16 owner/investor-held. 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+9 and 42 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+921-
B WING1G+921-

Unit mix on the filing: 42 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
31 Mar 202831 Mar 2028We 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 90FEET ROAD, NEW LINK VIRAR NALLASOPARA ROAD , Vasai, Palghar, 401305. Per the filed land record, the plot is bounded to the north by S NO 242, to the south by BUILDING NO 2, to the east by PG RESERVATION and to the west by 12 M DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~36 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 / SEEPZ36 km
Powai / Hiranandani business park38 km
Chhatrapati Shivaji Int'l Airport40 km
Bandra Kurla Complex (BKC)43 km
Lower Parel / Worli business district50 km
Nariman Point / Fort58 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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Builder track record

Mahavir Homes is the promoter on 5 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Mahavir Homes

Other RERA-registered projects in Virar East

Gajanan Residency
possession by Aug 2026 · Pranita Pankaj Thakur
Viva Haritara Building-3/wing-B
Deregistered by MahaRERA · possession by Dec 2026 · Vivaholdings
Devi Krupa
possession by Dec 2026 · Vira Links LLP
Jivdani Mauli
Not filing quarterly progress reports · possession by Dec 2026 · Kiran Ramesh Patil
Mahavir Ashish CO-Operative Housing Society LTD
possession by Dec 2026 · Yashraj Developers
Raajlaxmi Avenue
possession by Dec 2026 · Magnus Infracon

Other RERA-registered projects in Palghar

Swastik Epitome Building 1 Phase II 8 To 14 Floors
possession by Mar 2028 · Mahavir Homes
Swastik Epitome Building 1 Phase III 15 To 21 Floors
possession by Mar 2028 · Mahavir Homes
Swastik Epitome Building 2 Phase I Ground To 7 Floors
possession by Dec 2026 · Hemant Ramesh Mhatre
Swastik Epitome Building 2 Phase II 8 To 14 Floors
declared completion Dec 2025 · Hemant Ramesh Mhatre
Swastik Epitome Building 2 Phase III 15 To 21 Floors
possession by Mar 2027 · Mahavir Homes
Swastik Garden
declared completion Dec 2025 · Dikshita Dinesh Patil

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