Swastik Twin Tower
MahaRERA Property Intelligence · Pune
P52100027916 · BORADEWADI · promoter Ideal Builders
| MahaRERA registration | P52100027916 |
| Registered on | 15 Jan 2021 |
| Promoter-declared completion | 28 Sep 2026 |
| Current status | Certificate Signed |
| Against today | 2 months to 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, Ideal Builders is the promoter of record on 34 projects, of which 5 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.
MahaRERA's cost filing puts construction at ~98.0% of the estimated project cost incurred as of the last certificate (₹40.03 Cr spent against a ₹40.85 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.
Of 127 homes filed with MahaRERA, 116 are sold/booked and 11 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹42.52 Cr in agreement value so far. Of that, ₹39.26 Cr (~92%) is already collected, ₹3.26 Cr receivable — a read on how far along these sales really are. Note: the project registers 154 homes in total, but this sold/unsold inventory filing covers only 127 of them — the other 27 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 116 registered agreements, the effective carpet rate is ₹6,498/sqft (typical range ₹5,989–₹7,300) — 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 10 | 1006 | 724 sqft (67.25 sqm) | ₹37.76 Lakh |
| Floor 11 | 1103 | 1,131 sqft (105.11 sqm) | ₹59.02 Lakh |
| Floor 11 | 1104 | 1,034 sqft (96.1 sqm) | ₹53.96 Lakh |
| Floor 2 | 201 | 894 sqft (83.01 sqm) | ₹58.26 Lakh |
| Floor 2 | 202 | 699 sqft (64.96 sqm) | ₹45.60 Lakh |
| Floor 2 | 203 | 832 sqft (77.28 sqm) | ₹54.24 Lakh |
| Floor 2 | 204 | 457 sqft (42.42 sqm) | ₹29.77 Lakh |
| Floor 3 | 301 | 894 sqft (83.01 sqm) | ₹58.26 Lakh |
| Floor 3 | 302 | 699 sqft (64.96 sqm) | ₹45.60 Lakh |
| Floor 3 | 303 | 832 sqft (77.28 sqm) | ₹54.24 Lakh |
| Floor 3 | 304 | 457 sqft (42.42 sqm) | ₹29.77 Lakh |
⚠ The inventory filing also declares: 27 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+13 and 154 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| B | 1 | G+13 | 71 | - |
| A | 1 | G+12 | 83 | - |
Unit mix on the filing: 129 residential and 25 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 2024 | 29 Sep 2025 | Due to the non-availability of labor and other resources |
| 30 Sep 2024 | 28 Sep 2026 | The progress of our project was unavoidably delayed due to prolonged timelines in securing critical approvals — particularly the Transfer of Development Rights (TDR) and the subseq |
Located at BORADEWADI, MOSHI, Pune City, Pune, 412105. Per the filed land record, the plot is bounded to the north by REMAINING LAND PROPERTY OF MR RAMCHANDRA, to the south by 12 MTR WIDE DP ROAD, to the east by OLD GAT NO 1301 and to the west by OLD GAT NO 1304. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~14 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Pune Int'l Airport (Lohegaon) | 14 km |
| Hinjewadi Rajiv Gandhi IT Park | 14 km |
| Baner–Balewadi belt | 15 km |
| Pune Junction / city centre | 17 km |
| Kharadi / EON IT Park | 18 km |
| Magarpatta / Hadapsar IT | 21 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 IDEAL AVENUE?
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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Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026