Swastik Developers
MahaRERA Property Intelligence · Thane
P51700027365 · BHAYANDER EAST · promoter Swastik Developers
| MahaRERA registration | P51700027365 |
| Registered on | 06 Dec 2020 |
| Promoter-declared completion | 31 Mar 2026 |
| Current status | Certificate Signed |
| Against today | about 4 months past the declared date |
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.
Across MahaRERA, Swastik Developers 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.
Of 124 homes filed with MahaRERA, 104 are sold/booked (80 with registered agreements + 24 booked) and 20 remain available (~84% sold) — selling steadily. Buyers have committed ₹50.37 Cr in agreement value so far. Of that, ₹38.57 Cr (~77%) is already collected, ₹11.80 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 104 registered agreements, the effective carpet rate is ₹10,747/sqft (typical range ₹10,620–₹11,829) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | Flat No. 103 | 404 sqft (37.52 sqm) | ₹33.54 Lakh |
| Floor 1 | Office No. 1 | 140 sqft (13.02 sqm) | ₹14.06 Lakh |
| Floor 1 | Office No. 2 | 109 sqft (10.17 sqm) | ₹10.98 Lakh |
| Floor 1 | Office No. 3 | 140 sqft (13.02 sqm) | ₹14.06 Lakh |
| Floor 1 | Office No. 4 | 155 sqft (14.44 sqm) | ₹15.60 Lakh |
| Floor 1 | Office No. 5 | 109 sqft (10.17 sqm) | ₹10.98 Lakh |
| Floor 1 | Office No. 6 | 140 sqft (13.02 sqm) | ₹14.06 Lakh |
| Floor 1 | Office No. 7 | 148 sqft (13.73 sqm) | ₹14.83 Lakh |
| Floor 16 | Flat No. 1603 | 404 sqft (37.52 sqm) | ₹43.44 Lakh |
| Floor 2 | Flat No. 201 | 600 sqft (55.76 sqm) | ₹49.12 Lakh |
| Floor 2 | Flat No. 202 | 404 sqft (37.52 sqm) | ₹34.02 Lakh |
| Floor 24 | Flat No. 2403 | 404 sqft (37.52 sqm) | ₹45.41 Lakh |
| Floor 28 | Flat No. 2803 | 404 sqft (37.52 sqm) | ₹45.41 Lakh |
| Floor 29 | Flat No. 2902 | 404 sqft (37.52 sqm) | ₹45.41 Lakh |
| Floor 29 | Flat No. 2903 | 404 sqft (37.52 sqm) | ₹45.41 Lakh |
| Floor 29 | Flat No. 2904 | 404 sqft (37.53 sqm) | ₹45.60 Lakh |
| Floor 30 | Flat No. 3003 | 404 sqft (37.52 sqm) | ₹45.41 Lakh |
| Floor 30 | Flat No. 3004 | 404 sqft (37.53 sqm) | ₹45.60 Lakh |
| Ground/Floor 0 | Shop No. 6 | 140 sqft (13.02 sqm) | ₹16.44 Lakh |
| Ground/Floor 0 | Shop No. 7 | 148 sqft (13.73 sqm) | ₹17.33 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.
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+29 and 124 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SWASTIK HEIGHTS WING - A | 1 | G+29 | 124 | 31 Dec 2024 |
Unit mix on the filing: 110 residential and 14 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12501979 | 17/06/2025 | Ravikant Ramprakash Upadhyay vs SWASTIK DEVELOPERS | pending / no order on file |
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 Jun 2025 | 31 Mar 2026 | We have completed construction work however waiting for OC and Society Handover for the same we required extension. |
Located at BHAYANDER EAST, EDEN PARK, INDRALOK PHASE - 7, Thane, Thane, 401105. Per the filed land record, the plot is bounded to the north by DP ROAD, to the south by SURVEY NO 245 HISSA NO 2B, to the east by SURVEY NO 244 and to the west by SHREE NIDHI HEIGHTS WING B. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~19 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 19 km |
| Powai / Hiranandani business park | 21 km |
| Chhatrapati Shivaji Int'l Airport | 24 km |
| Bandra Kurla Complex (BKC) | 26 km |
| Lower Parel / Worli business district | 34 km |
| Nariman Point / Fort | 42 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.
🔒 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.
🔒 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.
Should you buy in SWASTIK HEIGHTS WING - A?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Swastik Developers is the promoter on 10 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
See every Swastik Developers project & its RERA track record →
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