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Swastik Iris
By SUVASYA BUILDERS AND DEVELOPERS LLP
RG-MH-18209 · RERA P51800076792 · Last updated on MahaRERA portal: 26 Jun 2026
Source: official MahaRERA filing
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Red flags
- Rs 63.00 crore secured on the land, in favour of Bajaj Housing Finance Limited
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- All 2 completed earlier projects delivered on promise
2 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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Swastik Iris is a Others project by SUVASYA BUILDERS AND DEVELOPERS LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800076792 on 28 Jun 2024. Possession is promised by 30 Jun 2029.
At a glance
Project
- NameSwastik Iris
- TypeOthers
- Location
- Lbs marg
- Bhandup west
- Bhandup
- Kurla
- Mumbai Suburban
- 400078
- Pincode400078
- RERA no.P51800076792
- ReraGenie IDRG-MH-18209
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on28 Jun 2024
- Promised completion30 Jun 2029
- Revised completionNone
- Buildings1 building record
- Documents filed53 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Wing A | NA | 16 | 14 | 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 26 Jun 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%.
Wing A: 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 26 Jun 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 | 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 | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed139
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. A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
| Landowner | Village | District |
|---|---|---|
| Maharashtra Steel Rolling Mills Pvt Ltd. | Bhandup | Mumbai Suburban |
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 partners1
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Chartered Accountant | J N MEHTA AND ASSOCIATES MEHTA |
| Partner | Role in project |
|---|---|
| SUVASYA BUILDERS AND DEVELOPERS LLP | - |
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 11 Jun 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 25 Apr 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 29 May 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 10 May 2025Confirm 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 30 Jun 2029
Documents filed53
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: Architects Certificate JUN24.pdf | 26 Jun 2026 |
| Form 2File: IRIS _ FORM 2 _ JUN 24.pdf | 26 Jun 2026 |
| Form 3File: Form 3 Swastik IRIS June-24 signed.pdf | 26 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD JUNE 24.pdf | 26 Jun 2026 |
| Form 1File: Architects Certificate SEP24.pdf | 26 Jun 2026 |
| Form 2File: IRIS _ FORM 2 _ SEP 24.pdf | 26 Jun 2026 |
| Form 3File: Form 3 Swastik IRIS SEP-24 signed.pdf | 26 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD SEPT 24.pdf | 26 Jun 2026 |
| Form 1File: Architects Certificate DEC24.pdf | 26 Jun 2026 |
| Form 2File: IRIS _ FORM 2 _ DEC 24.pdf | 26 Jun 2026 |
| Form 3File: Form 3 Swastik IRIS Dec-24 signed .pdf | 26 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD DEC 24.pdf | 26 Jun 2026 |
| Form 1File: Architects Certificate MAR25.pdf | 26 Jun 2026 |
| Form 2File: IRIS _ FORM 2 _ MAR 25 .pdf | 26 Jun 2026 |
| Form 3File: Form 3 Swastik IRIS Mar-25 signed .pdf | 26 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: DISCLOSURE OF SOLD MARCH 25.pdf | 26 Jun 2026 |
| Commencement Certificates / NA Order for plotted developmentFile: Resi_CC_Revalidation.pdf | 10 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 Swastik IRIS Mar 25 .pdf | 21 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IRIS _ FORM 2 _ MAR 25 .pdf | 18 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Swastik IRIS Dec-24 signed .pdf | 18 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate DEC'24.pdf | 6 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IRIS _ FORM 2 _ DEC 24.pdf | 6 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Swastik IRIS June-24 signed.pdf | 27 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Swastik IRIS SEP-24 signed.pdf | 27 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate JUN'24.pdf | 20 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate SEP'24.pdf | 20 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IRIS _ FORM 2 _ JUN 24.pdf | 20 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: IRIS _ FORM 2 _ SEP 24.pdf | 20 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: IRIS - FORM 3 CA Certificate _Signed.pdf | 25 Jun 2024 |
| Copy of the legal title reportFile: RERA Title Report.pdf | 11 Jun 2024 |
| Proforma of Agreement for saleFile: Revised-Draft AFS- 06-06-2024.pdf | 6 Jun 2024 |
| Proforma of Allotment letterFile: Draft Allotment Letter -06-06-2024.pdf | 6 Jun 2024 |
| Deviation Report with respect to Allotment letterFile: Deviation Report-Allotment Letter-06-06-2024.pdf | 6 Jun 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report-AFS -06-06-2024 -Clean Copy.pdf | 6 Jun 2024 |
| Building plan approvalFile: Approved plan_organized_compressed.pdf | 29 May 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved plan_organized_compressed.pdf | 29 May 2024 |
| CERSAI detailsFile: CERSAI SCREEN MAY 2024.pdf | 25 May 2024 |
| CERSAI detailsFile: Encumbrance_Format_Cersai.pdf | 25 May 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Separate Bank Account updated.pdf | 25 May 2024 |
| Layout approvalFile: Layout Plan approved.pdf | 25 Apr 2024 |
| PAN CardFile: Suvasya Builders Developers LLP.pdf | 25 Apr 2024 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance - Finance.pdf | 25 Apr 2024 |
| Details of encumbrances concerned to FinanceFile: No Encumbrance - Legal.pdf | 25 Apr 2024 |
| Details of encumbrances concerned to LegalFile: No Encumbrance - Finance.pdf | 25 Apr 2024 |
| Details of encumbrances concerned to LegalFile: No Encumbrance - Legal.pdf | 25 Apr 2024 |
| Copy of Layout Approval (in case of layout)File: Layout Plan approved.pdf | 25 Apr 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: FirstCC.pdf | 25 Apr 2024 |
| Declaration about Commencement CertificateFile: Declaration about CC.pdf | 25 Apr 2024 |
| Declaration in FORM BFile: Form - B (Declaration Form Promoter )_Iris.pdf | 25 Apr 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A- Swastik Iris-HKV.pdf | 25 Apr 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A-Swastik Iris-Hiren Shah.pdf | 25 Apr 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A-Swastik Iris-Manoj Daisariya.pdf | 25 Apr 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A-Swastik Iris-Sandeep Jain.pdf | 25 Apr 2024 |
Promoter's earlier projects3
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 PlatinumP51800045216 | Tagore Nagar, Mumbai Suburban | 273 | May 2022 | Ongoing | Dec 2026 | Not due yet |
| Swastik OnyxP51800034346 | tagore nagar, Mumbai Suburban | 123 | Apr 2022 | Completed | Dec 2025 | Sep 2025 |
| SWASTIK PEARLP51800024910 | TAGORE NAGAR, Mumbai Suburban | 98 | Mar 2020 | Completed | Dec 2024 | Sep 2023 |
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How this compares with Mumbai Suburban
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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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations, which the RERA portal never shows together
- All 53 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
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Builder: SUVASYA BUILDERS AND DEVELOPERS LLP
SUVASYA BUILDERS AND DEVELOPERS LLP has 4 registrations on MahaRERA, including SWASTIK PEARL and Swastik Onyx. Its filings disclose 4 earlier MahaRERA projects: declares 2 of 2 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 Iris is delayed beyond 30 Jun 2029?
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 Iris?
The registered promoter entity is SUVASYA BUILDERS AND DEVELOPERS LLP, 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 Iris?
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 Iris?
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 Iris?
The professionals named in the filing: Chartered Accountant: J N MEHTA AND ASSOCIATES MEHTA. 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 Iris?
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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