MahaRERA Property Intelligence · Pune

SWASTIK MILAN

P52100031496 · PUNE · promoter Swastikconstruction

Certificate SignedDue 31 Oct 2026

Delivery & Registration

MahaRERA registrationP52100031496
Registered on25 Oct 2021
Promoter-declared completion31 Oct 2026
Current statusCertificate Signed
Against today3 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, Swastikconstruction is the promoter of record on 2 projects, of which none currently 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 ~100.0% of the estimated project cost incurred as of the last certificate (₹5.31 Cr spent against a ₹5.31 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 7 homes filed with MahaRERA, 4 are sold/booked and 3 remain available (~57% sold) — selling steadily. Buyers have committed ₹1.12 Cr in agreement value so far. Of that, ₹1.12 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 16 homes in total, but this sold/unsold inventory filing covers only 7 of them — the other 9 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 2204529 sqft (49.13 sqm)₹22.20 Lakh
Floor 4401262 sqft (24.32 sqm)₹10.99 Lakh
Floor 4402395 sqft (36.74 sqm)₹16.60 Lakh

⚠ The inventory filing also declares: 9 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+5 and 16 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SWASTIK MILAN1G+51612 Sep 2023

Unit mix on the filing: 16 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 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
12 Sep 202320 Feb 2025DUE TO DELAY OF COMPLETION CCERTIFICATE
12 Sep 202331 Oct 2026DELAY IN COMPLETION CERTIFICATE

Location, Land & Connectivity

Located at PUNE, MHALUNGE, Mulshi, Pune, 411045. Per the filed land record, the plot is bounded to the north by VISHWANATH PADALE, to the south by SWASTIK MANORTH BUILDING, to the east by ROAD and to the west by ROAD. 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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Builder track record

Swastikconstruction is the promoter on 4 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 Swastikconstruction

Other RERA-registered projects in Baner

7 Business BAY
possession by Jul 2026 · Saaj Buildcon Private Limited
Maitreya
Not filing quarterly progress reports · possession by Jul 2026 · Vaibhav Shamrao Taro
Mercury
possession by Aug 2026 · SB Real Estate Private Limited
Aarambh
possession by Aug 2026 · ADI Realtors
Nancy Hillview A-1
possession by Aug 2026 · M/S Sarsan Aawishkar Properties
Truspace Platina
possession by Aug 2026 · Atharva Developments

Major developers building in Baner

Other RERA-registered projects in Pune

Swastik Muhurtam
declared completion Dec 2017 · Swastikconstruction
Swastik Platinum
possession by Jul 2026 · Swastik Infinity
Swastik Samruddhi
declared completion Dec 2022 · Swastik Associates
Swastik Sanskruti
declared completion Dec 2022 · Swastik Developers
Swastik Shrushti
declared completion Dec 2021 · Swastik Associates
Swastik Spira
declared completion Mar 2018 · Swastik Associates

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 Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026