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Registration lapsed No litigation declared Residential / Group Housing project

SWASTIK HOUSE

By SWASTIK CONSTRCUTION

RG-MH-27229 · RERA P51800007553 · Last updated on MahaRERA portal: 20 Dec 2024

Source: official MahaRERA filing

Red flags

  • Registration lapsed
  • Possession 19 months past the filed date
  • Completion date moved by 53 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form

4 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

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Mar 2025Possession promised19 months past this date
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 24 documents Report an error

SWASTIK HOUSE is a Residential / Group Housing project by SWASTIK CONSTRCUTION in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800007553 on 17 Aug 2017. Possession was promised by 31 Mar 2025 and is now 19 months past that date. The completion date has moved by 53 months from the original filing.

At a glance

Project

  • NameSWASTIK HOUSE
  • TypeResidential / Group Housing
  • Location
    • S V ROAD
    • NEAR BANK OF BARODA
    • Borivali
    • Mumbai Suburban
    • 400067
  • Pincode400067
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800007553
  • ReraGenie IDRG-MH-27229

Builder

  • NameSWASTIK CONSTRCUTION
  • Entity typePartnership
  • PartnersSUNDERLAL AKLINGLAL JAIN, Dinesh Sunderlal Jain

Key dates

19 months past promisethis monthRegisteredAug 2017First promiseOct 2020Revised toMar 2025

Key facts

Registration and timeline

  • StatusRegistration lapsed
  • Registered on17 Aug 2017
  • Promised completion31 Mar 2025
  • Revised completionRevised to 31 Mar 2025 (originally 30 Oct 2020)
  • Buildings1 building record
  • Documents filed24 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
SWASTIK HOUSE A WINGNA190000

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 20 Dec 2024, 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 HOUSE A WING: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 20 Dec 2024, 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 SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalYes100%
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceYes100%
Open ParkingNoNot applicable

Parking filed1

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 slots1
Closed/Covered1

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.

Land area1,565 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Sanctioning authorityBRIHANMUMBAI MUNICIPAL CORPORATION
Permissible FSI3723.35
Proposed, not sanctioned2,359 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 branchSAI LEELA COMMERCIAL COMPLEX, I FLOOR, NEAR HOTEL RASOI, SV ROAD, BORIVALI WEST, MUMBAI, MAHARASHTRA

Certifying professionals and partners

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

PartnerRole in project
SWASTIK CONSTRCUTION-

Extensions applied for2

A revised date filed with the regulator does not change the possession date in your agreement for sale.

EXT51800008392Oct 2020 → Oct 2021

Reason as filed by the promoterApproved Plans are submitted for Revised and CFo Plans also submitted for Revised

EXT51800011798Oct 2020 → Mar 2025

Reason as filed by the promoterWe have already building constructed upto 15th floors as per last Approved Plan & Commencement Certificate. Now we are planning for 16th floor complete and complete compliances for part OC till 16th floors as per last Approved Plan & Commencement Certificate. If once Part OC Received and thereafter give possession to flat purchases till 16 floors. Then further construction work no effected to other purchases till 16th floors. This process takes 24 months. And Now as per DCPR 2034 FSI/TDR increased and Road Requirement is 9 Mtr. We are communicating for Road adjoining (9 Mtr) with other plot ow

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 30 Jul 2017
  2. Layout approvalOn the file

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

    uploaded 31 Jul 2017
  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 31 Jul 2017
  4. Commencement CertificateOn the file

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

    uploaded 30 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot on 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.

Documents filed24

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
Architect’s Certificate on Completion of Project (Form 4)File: 4142 - Form - 4 Architect Certificate -09-12-2024.pdf20 Dec 2024
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Swastik - Form - 1 - March - 2023.pdf19 Dec 2023
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: 2 Swastik - Form 2 - March 2023.pdf19 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 1 Swastik - Form 2A - March - 2019.pdf19 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: 2 Swastik - Form 2A - March - 2020.pdf19 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: 3 Swastik - Form 2A - March - 2021.pdf19 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: 4 Swastik - Form 2A - March - 2022.pdf19 Dec 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: 5 Swastik - Form 2A - March - 2023.pdf19 Dec 2023
Proforma of Agreement for saleFile: Agmt for Sale - Draft.pdf19 Dec 2023
Proforma of Allotment letterFile: Allotment Letter - Final Draft.pdf19 Dec 2023
Proforma of Allotment letterFile: DRAFT AGMT.pdf30 Mar 2021
Building plan approvalFile: IOD 2.pdf31 Jul 2017
Layout approvalFile: Layout Approval.pdf31 Jul 2017
Copy of Layout Approval (in case of layout)File: Layout Approval.pdf31 Jul 2017
Building Plan Approval (IOD)File: IOD 2.pdf31 Jul 2017
Declaration in FORM BFile: Form -B.pdf31 Jul 2017
Certificates of CA (Form 3)File: Form-3-CACertificate.pdf31 Jul 2017
PAN CardFile: PAN.pdf30 Jul 2017
Copy of the legal title reportFile: Title Certificate.pdf30 Jul 2017
Details of encumbrancesFile: Encumbrances.pdf30 Jul 2017
Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf30 Jul 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1-Certificate of Architech .pdf30 Jul 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form -2 Engineer.pdf30 Jul 2017
Proforma of Allotment letterFile: Proforma of the allotment and agreement of sale.pdf30 Jul 2017

How this compares with Mumbai Suburban

33%of Mumbai Suburban projects moved their completion datethis one moved by 53 months
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is among them

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai 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 NEAR BANK OF BARODA6,700+ in Mumbai Suburban

2 kmSWASTIK HOUSECompleted 122Lapsed / revoked 69Other 143Dot size: filed unitsN

Filed coordinates, straight-line distance. 334 registered projects within 2 km.

Builder: SWASTIK CONSTRCUTION

SWASTIK CONSTRCUTION has 1 registration on MahaRERA, including SWASTIK HOUSE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What does it mean that SWASTIK HOUSE shows as registration lapsed on MahaRERA?

A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.

What are my rights if SWASTIK HOUSE is delayed beyond 31 Mar 2025?

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 HOUSE?

The registered promoter entity is SWASTIK CONSTRCUTION, 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 SWASTIK HOUSE?

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 HOUSE?

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.

What should I check before booking in SWASTIK HOUSE?

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; why the completion date was revised and what the new timeline depends on. 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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