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SWASTIK PEARL
By SUVASYA BUILDERS AND DEVELOPERS LLP
RG-MH-21617 · RERA P51800024910 · 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
- All 1 completed earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations and every project registered within 2 km.
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SWASTIK PEARL is a Residential / Group Housing project by SUVASYA BUILDERS AND DEVELOPERS LLP in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800024910 on 12 Mar 2020. The registration is recorded completed; possession was promised by 30 Dec 2024.
At a glance
Project
- NameSWASTIK PEARL
- TypeResidential / Group Housing
- Location
- SWAMINARAYAN MARG
- TAGORE NAGAR
- Kurla
- Mumbai Suburban
- 400083
- Pincode400083
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800024910
- ReraGenie IDRG-MH-21617
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on12 Mar 2020
- Promised completion30 Dec 2024
- Revised completionNone
- Buildings1 building record
- Documents filed51 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| SWASTIK PEARL | NA | 25 | 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.
6 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 90%.
SWASTIK PEARL: 75% 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 | 90% |
| Sanitary Fittings within the flats / premises | 50% |
| 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. | 70% |
| 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. | 20% |
Progress on shared amenities16
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 | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 50% |
| 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 | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 70% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
| Yoga Room or Fitness Centre | Yes | 50% |
Parking filed96
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 | Shilp associates |
| Engineer | Pramod Vilas Bhor |
| Chartered Accountant | MH Jain and Co |
| 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 4 Mar 2020 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 18 Feb 2020 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 18 Feb 2020 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 18 Feb 2020Confirm 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 3 Oct 2023
Documents filed51
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 |
|---|---|
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 - Pearl Jun 23.pdf | 15 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: PEARL ENGINER CERTIFICATE JUN 23.pdf | 15 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGINEER CERTIFICATE PEARL SEPT 23.pdf | 15 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: PEARL FORM 2A MAR 23.pdf | 15 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PEARL FORM 3 JUN 23.pdf | 15 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: PEARL FORM 3 SEPT 23.pdf | 15 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: PEARL FORM 5 MAR 23.pdf | 29 Nov 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Certificate-Pearl.pdf | 3 Oct 2023 |
| Architect’s Certificate on Completion of Project (Form 4)File: Architects Certificate Final- FORM 4.pdf | 3 Oct 2023 |
| Status of ConveyanceFile: Indenture_Lease_new.pdf | 3 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Mar'23 Form 2.pdf | 16 Jun 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Mar'23 Form 3 Pearl.pdf | 16 Jun 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: DEC 21.pdf | 19 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: MAR 22.pdf | 19 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: JUN 22.pdf | 19 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: SEPT 22.pdf | 19 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: DEC 21.pdf | 19 May 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: MAR 22.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DEC 21.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: MAR 22.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: JUN 22.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: SEPT 22.pdf | 19 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DEC 22.pdf | 19 May 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM-5 M-20 OC.pdf | 24 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: FORM -5 March 2021.pdf | 24 Apr 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 Swastik pearl.pdf | 24 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate JUNE-22.pdf | 20 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate SEP-22.pdf | 20 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate DEC-22.pdf | 20 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 March 2023.pdf | 18 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 23 Feb 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2.pdf | 23 Feb 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3.pdf | 23 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A - 01.pdf | 4 Feb 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Form 2A - 02.pdf | 4 Feb 2023 |
| Details of encumbrancesFile: ENCUMBRANCES scan.pdf | 11 Oct 2021 |
| Copy of the legal title reportFile: title Bldg no 8 compressed.pdf | 4 Mar 2020 |
| Proforma of Allotment letterFile: Sale Agreement Final 040320.pdf | 4 Mar 2020 |
| Declaration in FORM BFile: Form b_8_compressed.pdf | 22 Feb 2020 |
| Details of encumbrancesFile: Encumbrance.pdf | 19 Feb 2020 |
| Building plan approvalFile: bldg no 8 IOA.pdf | 18 Feb 2020 |
| Layout approvalFile: Layout.pdf | 18 Feb 2020 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 18 Feb 2020 |
| Building Plan Approval / NA Order for plotted developmentFile: bldg no 8 IOA.pdf | 18 Feb 2020 |
| Commencement Certificates / NA Order for plotted developmentFile: TNO8 PLINTH CC.pdf | 18 Feb 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 Architect.pdf | 18 Feb 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - ENGINEERS CERTIFICATE.pdf | 18 Feb 2020 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A - ENGINEERS QUALITY ASSURANCE.PDF | 18 Feb 2020 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form 3 ca.pdf | 18 Feb 2020 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Registration Certificate.pdf | 18 Feb 2020 |
| PAN CardFile: SUVASYA LLP PAN.PDF | 11 Dec 2019 |
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 IrisP51800076792 | Bhandup west, Mumbai Suburban | 164 | Jun 2024 | Ongoing | Jun 2029 | Not due yet |
| 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 |
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Buyer report
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- All 51 filed documents as one ZIP, foldered, with a manifest
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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 PEARL is delayed beyond 30 Dec 2024?
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 PEARL?
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 PEARL?
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 PEARL?
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 PEARL?
The professionals named in the filing: Architect: Shilp associates; Engineer: Pramod Vilas Bhor; Chartered Accountant: MH Jain and 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 PEARL?
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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