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SWASTIK ELEGANCE
RG-MH-30790 · RERA P51800031928 · Last updated on MahaRERA portal: 15 Dec 2023
Source: official MahaRERA filing
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
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 16 other registrations and every project registered within 2 km.
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SWASTIK ELEGANCE is a Residential / Group Housing project by Swastik Realtors in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800031928 on 22 Nov 2021. The registration is recorded completed; possession was promised by 31 Dec 2023.
At a glance
Project
- NameSWASTIK ELEGANCE
- TypeResidential / Group Housing
- Location
- CR Vyas Marg
- Swastik park Chembur
- Kurla
- Mumbai Suburban
- 400071
- Pincode400071
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800031928
- ReraGenie IDRG-MH-30790
Builder
- NameSwastik Realtors
- Entity typePartnership
- GSTIN27ABAFS2576A1ZF
- GSTIN is from this promoter's other MahaRERA registrations. This project's own filing does not repeat it.
- PartnersKamlesh Bhawarlal Vagrecha, Arvind Chimanlal Shah, Hiren Dinesh Shah, Sandeep Ganeshlal Jain
- Other registrations16 more →
- Completed8 of 17
- Declared earlier projects10 →
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on22 Nov 2021
- Promised completion31 Dec 2023
- Revised completionNone
- Buildings1 building record
- Documents filed42 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SWASTIK ELEGANCE | NA | 14 | 0 | 0 | 0 | 0 |
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 15 Dec 2023, 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.
10 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
SWASTIK ELEGANCE: 91% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 15 Dec 2023, 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| 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 | No | Not applicable |
Parking filed49
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 ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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 | KK SHAH |
| Engineer | DANISH ANSARI |
| Chartered Accountant | MH JAIN & CO |
| Partner | Role in project |
|---|---|
| Swastik Realtors | - |
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 30 Oct 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 1 Nov 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 Sep 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 Sep 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 25 Nov 2023
Documents filed42
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 |
|---|---|
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: ELEGANCE FORM 2A MAR 22.pdf | 15 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: ELEGANCE FORM 2A MAR 23.pdf | 15 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate June 23.pdf | 30 Nov 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC_signed.pdf | 25 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Dec 21.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Mar 22.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate June 22.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Sep 22.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Dec 22.pdf | 24 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate Mar 23.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 DEC 21.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 MAR 22.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 JUN 22.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SEPT 22.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 DEC 22.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 MAR 23.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 JUN 23.pdf | 24 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 SEPT 23.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEC 21.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 MAR 22.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 JUN 22.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SEPT 22.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 DEC 22.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 MAR 23.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 JUN 23.pdf | 24 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3 SEPT 23.pdf | 24 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 MAR 23.pdf | 24 Nov 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Architects Certificate Final- FORM 4.pdf | 24 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 FY21-22.pdf | 28 Apr 2023 |
| Layout approvalFile: Drawing.pdf | 1 Nov 2021 |
| Copy of Layout Approval (in case of layout)File: Drawing.pdf | 1 Nov 2021 |
| Declaration about Commencement CertificateFile: Format D.pdf | 1 Nov 2021 |
| Proforma of Allotment letterFile: Letter of Allotment.pdf | 1 Nov 2021 |
| Proforma of Allotment letterFile: Draft RERA Agr.pdf | 1 Nov 2021 |
| Copy of the legal title reportFile: Title Report_compressed.pdf | 30 Oct 2021 |
| PAN CardFile: SWASTIK REALTORS GHT PAN.PDF | 1 Oct 2021 |
| Details of encumbrancesFile: Self Declaration Encumbrance_compressed.pdf | 1 Oct 2021 |
| Declaration in FORM BFile: FORM B_compressed.pdf | 1 Oct 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA CERTIFICATE.pdf | 1 Oct 2021 |
| Building plan approvalFile: 2269239_IOD_signed.pdf | 30 Sep 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: 2269239_IOD_signed.pdf | 30 Sep 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: 2276361_FirstCC_signed.pdf | 30 Sep 2021 |
Promoter's earlier projects7
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| Swastik RevantaPR1180002501633 | Chembur, Mumbai Suburban | 74 | Dec 2025 | Ongoing | Dec 2028 | Not due yet |
| SWASTIK LEGACYP51800079199 | Subhash Nagar, Mumbai Suburban | 116 | Feb 2025 | Ongoing | Dec 2028 | Not due yet |
| SWASTIK SHIVAAYP51800048188 | SANGHANI ESTATE, Mumbai Suburban | - | Dec 2022 | Ongoing | Dec 2027 | Not due yet |
| Swastik AvighnaP51800045871 | Sanghnai Estate, Mumbai Suburban | 99 | Jun 2022 | Ongoing | Dec 2026 | Not due yet |
| SWASTIK DIVINEP51800046801 | Mulund East, Mumbai Suburban | - | Sep 2022 | Ongoing | Dec 2026 | Not due yet |
| SWASTIK EMERALDP51800014935 | Tagore Nagar, Mumbai Suburban | - | Jan 2018 | Completed | Dec 2022 | Jul 2022 |
| Swastik SapphireP51800000239 | Kurla, Mumbai Suburban | - | Jul 2017 | Completed | Dec 2019 | Late, Jan 2020 |
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Buyer report
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- Joined against the promoter's 16 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 42 filed documents as one ZIP, foldered, with a manifest
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Builder: Swastik Realtors
Swastik Realtors has 17 registrations on MahaRERA, including Swastik Sapphire and SRISHTI ELEGANCE. Its filings disclose 10 earlier MahaRERA projects: declares 3 of 4 past projects completed on time. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if SWASTIK ELEGANCE is delayed beyond 31 Dec 2023?
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 SWASTIK ELEGANCE?
The registered promoter entity is Swastik Realtors, a partnership as per the filing. Its GSTIN 27ABAFS2576A1ZF can be cross-checked on the MCA and GST portals. 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 SWASTIK ELEGANCE?
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 SWASTIK ELEGANCE?
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 SWASTIK ELEGANCE?
The professionals named in the filing: Architect: KK SHAH; Engineer: DANISH ANSARI; Chartered Accountant: MH JAIN & CO. 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 SWASTIK ELEGANCE?
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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