Home / Browse projects / Palghar, Maharashtra / SVASA RESIDENCY
SVASA RESIDENCY
RG-MH-23750 · RERA P99000079062 · Last updated on MahaRERA portal: 12 May 2026
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- 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.
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SVASA RESIDENCY is a Residential / Group Housing project by SVASA DEVELOPERS in Palghar, Maharashtra, registered with MahaRERA as P99000079062 on 3 Feb 2025. Possession is promised by 31 Dec 2028. 0 of the 44 units on this registration are recorded sold or booked, and 0 of 11 construction stages are filed complete.
At a glance
Project
- NameSVASA RESIDENCY
- TypeResidential / Group Housing
- Location
- VILLAGE NILEMORE
- TAL VASAI
- Vasai-Virar City (M Corp)
- Vasai
- Palghar
- 401208
- Pincode401208
- RERA no.P99000079062
- ReraGenie IDRG-MH-23750
Builder
- NameSVASA DEVELOPERS
- Entity typePartnership
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on3 Feb 2025
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed48 files
Current status
Figures as on 12 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING NO 1 | NA | 8 | 0 | 42 | 2 | 44 |
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 12 May 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.
0 of 11 construction stages are filed complete. The stage furthest along is Excavation, at 0%.
BUILDING NO 1: 0% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 12 May 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed51
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.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| VENUBAI BHAU NAIK CHSLTD | Vasai-Virar City (M Corp) | Palghar |
Approvals and building plan
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.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | MEGHA URBANSCAPES |
| Engineer | S.S & ASSOCIATES |
| Chartered Accountant | STR & Associates |
| Partner | Role in project |
|---|---|
| SVASA 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.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 31 Dec 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 31 Dec 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 2 Jan 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 31 Dec 2024Confirm the Commencement Certificate covers the specific floor you are buying. - 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 2028
Documents filed48
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.
| Document | Uploaded |
|---|---|
| Form 1File: FORM 1.pdf | 12 May 2026 |
| Form 2File: FORM 2.pdf | 12 May 2026 |
| Form 3File: FORM 3.pdf | 12 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Declaration for Nil Sold Booked Inventory.pdf | 12 May 2026 |
| Form 1File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 2File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 3File: FORM 3_SVASA DEVELOPERS_JUNE 2025-SIGNED.pdf | 12 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Declaration for Nil Sold Booked Inventory.pdf | 12 May 2026 |
| Form 1File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 2File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 3File: FORM 3_SVASA DEVELOPERS_SEP 2025-SIGNED.pdf | 12 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Declaration for Nil Sold Booked Inventory.pdf | 12 May 2026 |
| Form 1File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 2File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 3File: FORM 3_SVASA DEVELOPERS_DEC 2025-SIGNED.pdf | 12 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Declaration for Nil Sold Booked Inventory.pdf | 12 May 2026 |
| Form 1File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 2File: Declaration for Nil Quarterly Progress Report.pdf | 12 May 2026 |
| Form 3File: FORM 3_SVASA DEVELOPERS_MAR 2026-SIGNED.pdf | 12 May 2026 |
| Disclosure of Sold and Booked InventoryFile: Declaration for Nil Sold Booked Inventory.pdf | 12 May 2026 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 NEW 27012025.pdf | 27 Jan 2025 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to Mortgage.pdf | 22 Jan 2025 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to legal.pdf | 22 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1 NEW.pdf | 22 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 NEW.pdf | 22 Jan 2025 |
| Other - LegalFile: Annexure A Order No 50 of 2024 NEW.pdf | 22 Jan 2025 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to Mortgage.pdf | 22 Jan 2025 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to legal.pdf | 22 Jan 2025 |
| Proforma of Agreement for saleFile: AFS SVASA NEW.pdf | 22 Jan 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A-Vikrant Keshav Naik NEW.pdf | 22 Jan 2025 |
| CERSAI detailsFile: Declaration regarding Cersai Report NEW.pdf | 10 Jan 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Seperate Bank Account Details NEW.pdf | 10 Jan 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Bank Confirmation Letter_ Svasa Developers NEW1.pdf | 10 Jan 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for securedunsecured finance NEW.pdf | 10 Jan 2025 |
| Building plan approvalFile: Ground, 1st to 6th 7th Floor Plan- Venubai Bhau Naik CHSL_ VP-0402_11zon.pdf | 2 Jan 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Ground, 1st to 6th 7th Floor Plan- Venubai Bhau Naik CHSL_ VP-0402_11zon.pdf | 2 Jan 2025 |
| Layout approvalFile: Layout Plan- Venubai Bhau Naik CHSL_ VP-0402_11zon.pdf | 31 Dec 2024 |
| PAN CardFile: Svasa Developers, Pancard.pdf | 31 Dec 2024 |
| Copy of the legal title reportFile: Title Search Report- Venubai Bhau Naik CHSL.pdf | 31 Dec 2024 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances concerned to legal.pdf | 31 Dec 2024 |
| Copy of Layout Approval (in case of layout)File: Layout Plan- Venubai Bhau Naik CHSL_ VP-0402_11zon.pdf | 31 Dec 2024 |
| Proforma of Allotment letterFile: SWASA RERA ALLOTMENT DRAFT.pdf | 31 Dec 2024 |
| Declaration in FORM BFile: Form B SVASA.pdf | 31 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC_compressed.pdf | 31 Dec 2024 |
| Declaration about Commencement CertificateFile: Swasa Residency-Declaration about Commencement Certificate.pdf | 31 Dec 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation Report with respect to Allotment Letter - No Deviation.pdf | 31 Dec 2024 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances concerned to legal.pdf | 31 Dec 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report with respect to model copy of Agreement - No Deviation.pdf | 31 Dec 2024 |
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Buyer report
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Builder: SVASA DEVELOPERS
SVASA DEVELOPERS has 1 registration on MahaRERA, including SVASA RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if SVASA RESIDENCY is delayed beyond 31 Dec 2028?
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 SVASA RESIDENCY?
The registered promoter entity is SVASA DEVELOPERS, a partnership 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 SVASA RESIDENCY?
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 SVASA RESIDENCY?
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 SVASA RESIDENCY?
The professionals named in the filing: Architect: MEGHA URBANSCAPES; Engineer: S.S & ASSOCIATES; Chartered Accountant: STR & 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 SVASA RESIDENCY?
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.
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