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Registered No litigation declared Others project

EMERALD HORIZONS

By SWASTIK DEVELOPERS

RG-MH-30825 · RERA P51700079160 · Last updated on MahaRERA portal: 27 Apr 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 14 other registrations and every project registered within 2 km.

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Dec 2027Possession promisedno revision filed
5 of 11Construction stages donefurthest along: Slabs of Super Structure, 10%
6 of 21Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 60 documents Report an error

EMERALD HORIZONS is a Others project by SWASTIK DEVELOPERS in Thane, Maharashtra, registered with MahaRERA as P51700079160 on 10 Feb 2025. Possession is promised by 31 Dec 2027. 15 of the 21 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.

At a glance

Project

  • NameEMERALD HORIZONS
  • TypeOthers
  • Location
    • NA
    • Navi Mumbai (M Corp.)
    • Thane
    • 400614
  • Pincode400614
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51700079160
  • ReraGenie IDRG-MH-30825

Builder

  • NameSWASTIK DEVELOPERS
  • Entity typeOthers
  • ProprietorSANJAY KARSHANBHAI NAKRANI
  • Other registrations14 more →
  • Completed2 of 15
  • No longer live6 lapsed, de-registered or revoked
  • Declared earlier projects2 →

Key dates

this monthRegisteredFeb 2025PromisedDec 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on10 Feb 2025
  • Promised completion31 Dec 2027
  • Revised completionNone
  • Buildings1 building record
  • Documents filed60 files

Current status

71%15 of 21 units booked
29.5%Work done, per cost certificate

Figures as on 27 Apr 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
JYOTYRMAYNA10251621

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building1

As on 27 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

5 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 10%.

JYOTYRMAY: 46% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure10%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities15

As on 27 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsYes0%
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingNoNot applicable
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed142

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots142
Closed/Covered142

Land and ownership1

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area1,429 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on29 Aug 2025
LandownerVillageDistrict
JYOTIRMAY CO OP HSG SOC LTDNavi Mumbai (M Corp.)Thane

Approvals and building plan

Sanctioning authorityNavi Mumbai Municipal Corporation
Permissible FSI8225.32
Proposed, not sanctioned1,225 sq m
Buildings approved1
Buildings sanctioned1

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branchSHOP NO-51, PLOT NO. 7 SEC. 1A, CBD BELAPUR 400614
Estimated costRs 19.47 cr
Cost incurredRs 5.75 cr
Work done29.53%
BuildingWingEstimatedIncurred
JYOTYRMAYNARs 19.00 crRs 5.75 cr
-NARs 47.00 lakh-

Certifying professionals and partners6

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectKEDAR SATAM ARCHITECTS
EngineerVIJAY KUMAR SINGH
EngineerKAILAS BHAIDAS PAWAR
Chartered AccountantP MAURYA & CO
Chartered AccountantRSL & CO.
Chartered AccountantJB PATEL & ASSOCIATES
PartnerRole in project
SWASTIK DEVELOPERS-

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 26 Dec 2024
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 26 Dec 2024
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 26 Dec 2024
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 26 Dec 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2027

Documents filed60

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Withdrawal Update Form 1File: FORM 1 - MARCH 2026.pdf27 Apr 2026
Withdrawal Update Form 2File: FORM 2 - MARCH 2026 final.pdf27 Apr 2026
Withdrawal Update Form 3File: FORM 3 - MARCH 2026 compressed.pdf27 Apr 2026
Withdrawal Update Form 1File: EMERALD HORIZONS - Q3 - FORM 1.pdf5 Feb 2026
Withdrawal Update Form 1File: EMERALD HORIZONS - Q3 - FORM 1.pdf5 Feb 2026
Withdrawal Update Form 2File: EMERALD HORIZONS - Q3 - FORM 2 .pdf5 Feb 2026
Withdrawal Update Form 2File: EMERALD HORIZONS - Q3 - FORM 2 .pdf5 Feb 2026
Withdrawal Update Form 3File: Emerald Horizons - Form 3 - Dec 2025 (manually signed).pdf5 Feb 2026
Withdrawal Update Form 3File: Emerald Horizons - Form 3 - Dec 2025 (manually signed).pdf5 Feb 2026
Withdrawal Update Form 1File: ARCH form 1.pdf29 Dec 2025
Withdrawal Update Form 2File: form 2 signed final.pdf29 Dec 2025
Withdrawal Update Form 3File: Form 3_Swastik Developers_(30-09-2025).pdf29 Dec 2025
Form 2A (FY 2024-2025)File: FORM -2A (1).pdf27 Nov 2025
Form 5 (FY 2024-2025)File: FORM-5_Emerald horizons_scanned.pdf7 Oct 2025
Withdrawal Update Form 1File: Architect certificate.pdf9 Sep 2025
Withdrawal Update Form 2File: Form 2 final (1)_compressed.pdf9 Sep 2025
Withdrawal Update Form 3File: form 3 (30-06-2025) scanned new.pdf9 Sep 2025
Form 1File: Form 1.pdf8 Sep 2025
Form 2File: Form 2.pdf8 Sep 2025
Disclosure of Sold and Booked InventoryFile: SOLD-UNSOLD.pdf8 Sep 2025
Form 3File: Form 3_Swastik developers_31-03-2025.pdf8 Sep 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf21 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf21 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf22 Jan 2025
PAN CardFile: Declaration related to PAN Query-1.pdf16 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Declaration related to Existing Flats.pdf16 Jan 2025
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Declaration related to IFSC.pdf16 Jan 2025
Other - TechnicalFile: GetUserDocumentFileContent (1).pdf7 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 14-2 CA Certificate on Project Cost Fund withdrawal (Form 3).pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-101-118.pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-81-100_compressed.pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-41-60_compressed.pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-21-40_compressed.pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-1-20_compressed.pdf2 Jan 2025
Other - LegalFile: Deemed Conveyance Deed_Belapur-61-80_compressed.pdf2 Jan 2025
Declaration in FORM BFile: 9 FORM B.pdf30 Dec 2024
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: 19 Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B).30 Dec 2024
Layout approvalFile: 5 Copy of Layout Approval (in case of layout).pdf26 Dec 2024
Building plan approvalFile: 6 Building Plan Approval.pdf26 Dec 2024
PAN CardFile: 1 PAN CARD.pdf26 Dec 2024
Copy of the legal title reportFile: 2 Copy of the legal title report.pdf26 Dec 2024
Details of encumbrances concerned to FinanceFile: 3 a Details of encumbrances concerned to Finance.pdf26 Dec 2024
Details of encumbrances concerned to FinanceFile: 4 b Details of encumbrances concerned to Legal.pdf26 Dec 2024
Copy of Layout Approval (in case of layout)File: 5 Copy of Layout Approval (in case of layout).pdf26 Dec 2024
Proforma of Allotment letterFile: 17 Proforma of Allotment letter.pdf26 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 10 Architect’s Certificate of Percentage of Completion of Work (Form 1).pdf26 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 11 Engineer’s Certificate on Cost Incurred on Project (Form 2).pdf26 Dec 2024
Commencement Certificates / NA Order for plotted developmentFile: 7 Commencement Certificates NA Order for plotted development.pdf26 Dec 2024
Building Plan Approval / NA Order for plotted developmentFile: 6 Building Plan Approval.pdf26 Dec 2024
Declaration about Commencement CertificateFile: 8 Declaration about Commencement Certificate.pdf26 Dec 2024
CERSAI detailsFile: 12 CERSAI details.pdf26 Dec 2024
Declaration about all RERA Designated Bank Accounts (Format A)File: Declaration about RERA Designated Bank Accounts for real estate projects FORMAT A.pdf26 Dec 2024
Deviation Report with respect to Allotment letterFile: 20 Deviation Report with respect to Allotment letter.pdf26 Dec 2024
Details of encumbrances concerned to LegalFile: 4 b Details of encumbrances concerned to Legal.pdf26 Dec 2024
Details of encumbrances concerned to LegalFile: 3 a Details of encumbrances concerned to Finance.pdf26 Dec 2024
Deviation Report with respect to model copy of AgreementFile: 21 Deviation Report with respect to model copy of Agreement.pdf26 Dec 2024
Proforma of Agreement for saleFile: 16- 1 Proforma of Agreement for sale.pdf26 Dec 2024
Proforma of Agreement for saleFile: 16-2 Proforma of Agreement for sale.pdf26 Dec 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: 15 Disclosure of Interest in Other Real Estate Organizations.pdf26 Dec 2024
Disclosure for secured/unsecured finance availed for the projectFile: 13 Disclosure for secured unsecured finance availed for the project.pdf26 Dec 2024

How this compares with Thane

71%of this project is bookeddistrict median 26%
24%of Thane projects moved their completion datethis one has not
23%of Thane registrations have lapsed or been cancelledthis one is on the register

Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.

Free monthly report: Thane on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near NA7,600+ in Thane

2 kmEMERALD HORIZONSCompleted 10Lapsed / revoked 2Other 25Dot size: filed unitsN

Filed coordinates, straight-line distance. 37 registered projects within 2 km.

Builder: SWASTIK DEVELOPERS

SWASTIK DEVELOPERS has 15 registrations on MahaRERA, including INDRAPRASTH COMPLEX and SIGNATURE BUSINESS PARK. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Thane district page.

Frequently asked questions

What are my rights if EMERALD HORIZONS is delayed beyond 31 Dec 2027?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of EMERALD HORIZONS?

The registered promoter entity is SWASTIK DEVELOPERS, an others as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in EMERALD HORIZONS?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for EMERALD HORIZONS?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at EMERALD HORIZONS?

The professionals named in the filing: Architect: KEDAR SATAM ARCHITECTS; Engineer: VIJAY KUMAR SINGH; Engineer: KAILAS BHAIDAS PAWAR; Chartered Accountant: P MAURYA & CO; Chartered Accountant: RSL & CO.; Chartered Accountant: JB PATEL & ASSOCIATES. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in EMERALD HORIZONS?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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