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Registered No litigation declared Residential / Group Housing project

The Shwet

By Raichandani Constructions & Developers

RG-MH-52524 · RERA P52100045752 · Last updated on MahaRERA portal: 20 Jul 2026

Source: official MahaRERA filing

Red flags

  • Completion date moved by 24 months
  • 1 extension taken

Clear

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

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.

See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.
Dec 2026Possession promisedmoved 24 months from the original
4 of 11Construction stages donefurthest along: Internal walls, 95%
11 of 18Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 69 documents Report an error

The Shwet is a Residential / Group Housing project by Raichandani Constructions & Developers in Pune, Maharashtra, registered with MahaRERA as P52100045752 on 9 Jun 2022. Possession is promised by 31 Dec 2026. The completion date has moved by 24 months from the original filing. 7 of the 18 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.

At a glance

Project

  • NameThe Shwet
  • TypeResidential / Group Housing
  • Location
    • Baner
    • Pune
    • Haveli
    • 411045
  • Pincode411045
  • RERA no.P52100045752
  • ReraGenie IDRG-MH-52524

Builder

  • NameRaichandani Constructions & Developers
  • Entity typePartnership
  • GSTIN27AAYFR1876R1ZU
  • PartnersKaran Raichandani, Rajkumar Doulatram Raichandani, Pratik Anilkumar Raichandani, Dinesh Prakashlal Raichandani, Kunal Rajkumar Raichandani
  • Other registrations3 more →
  • Completed1 of 4
  • No longer live1 lapsed, de-registered or revoked
  • Declared earlier projects3 →

Key dates

this monthRegisteredJun 2022First promiseDec 2024Revised toDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on9 Jun 2022
  • Promised completion31 Dec 2026
  • Revised completionRevised to 31 Dec 2026 (originally 31 Dec 2024)
  • Buildings1 building record
  • Documents filed69 files

Current status

39%7 of 18 units booked
96.7%Work done, per cost certificate

Figures as on 20 Jul 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
The ShwetNA6518018

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 Jul 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.

4 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 95%.

The Shwet: 70% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises95%
Sanitary Fittings within the flats / premises93%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks70%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.80%
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.30%

Progress on shared amenities15

As on 20 Jul 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingNoNot applicable
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed22

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 slots22
Closed/Covered8
Open Space14

Land and ownership1

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area1,161 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on27 May 2026
LandownerVillageDistrict
Nutan Rajendra BoraPune (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPune Municipal Corporation
Permissible FSI2043.36
Proposed, not sanctioned2,043 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 branch9/2,Kalpataru Garden, Boat Club Road,Pune
Estimated costRs 8.50 cr
Cost incurredRs 8.22 cr
Work done96.71%
BuildingWingEstimatedIncurred
The ShwetNARs 8.50 crRs 8.22 cr

Certifying professionals and partners5

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

RoleName
ArchitectJay Aeram & Associates, Architects
ArchitectMilind Saraf
EngineerSiddharth Sawant
Chartered AccountantSPAK & Co
Chartered AccountantCA Bogati And Company
PartnerRole in project
Raichandani Constructions & Developers-

Extensions applied for1

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

EA30052621168Dec 2024 → Dec 2026

Reason as filed by the promoterThe project completion has been delayed due to circumstances beyond the control of the promoter. The project was adversely affected by delays in statutory approvals, disruption in availability of labor and construction materials, and interruptions caused by external factors. In addition, unforeseen administrative and operational challenges impacted the planned construction schedule. Despite these difficulties, the promoter has continued construction activities and remains fully committed to completing the project at the earliest. The extension is sought to ensure timely completion with require

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 24 May 2022
  2. Layout approvalOn the file

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

    uploaded 20 May 2022
  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 20 May 2022
  4. Commencement CertificateOn the file

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

    uploaded 20 May 2022Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 2026

Documents filed69

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
Withdrawal Update Form 1File: The Shwet Form 1 Q1 2026-27.pdf20 Jul 2026
Withdrawal Update Form 2File: The shwet Form2 Q1 FY 2026-27 (1)_signed (1).pdf20 Jul 2026
Withdrawal Update Form 3File: Form-3 Shwet Jun-26_signed (1).pdf20 Jul 2026
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: THE SHWET FORM 1 Q4 2024-2025.pdf20 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: The Shwet form 3 24-25.pdf20 Apr 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: The Shwet Form 2 Q4 2024-2025.pdf20 Apr 2025
Disclosure of sold/ booked inventoryFile: THE SHWET SOLD - UNSOLD Q4 2024-2025.pdf20 Apr 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: THE SHWET Q3 FORM 3 2024-2025 S1.pdf30 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: The Shwet Form 2 Q3.pdf23 Jan 2025
Disclosure of sold/ booked inventoryFile: THE SHWET SOLD - UNSLOD Q3 2024-2025.pdf23 Jan 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: The Shwet Q3 Form 1.pdf20 Jan 2025
Declaration in FORM BFile: the shwet form B.pdf2 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: The Shwet form 2A 2023-2024.pdf2 Jan 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 45 baner street form 3 Q2 2024-2025.pdf28 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Scan2024-12-19_183530.pdf19 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Scan2024-12-19_181613.pdf19 Dec 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: The Shwet Form 5 23-24.pdf19 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_The Shwet_Sep24s.pdf7 Nov 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: The Shwet Form 1.pdf30 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: The Shwet Form 2.pdf30 Oct 2024
Disclosure of sold/ booked inventoryFile: The Shwet.pdf28 Oct 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: The Shwet Form 2 Q1 2024-25_compressed.pdf20 Jul 2024
Disclosure of sold/ booked inventoryFile: The Shwet Sold Unsold Q1 2024-25.pdf20 Jul 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RCD ARCHITECT CERTIFICATE THE SHWET Q1 2024-2025.pdf19 Jul 2024
Disclosure of sold/ booked inventoryFile: the shwet sold unsold.pdf13 Jun 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: THE SHWET FORM 5 2023-2024.pdf24 Apr 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: THE SHWET FORM 1 Q4 2023-2024.pdf20 Apr 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: THE SHWET FORM 2 Q4 2023-2024.pdf20 Apr 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: the shwet.pdf22 Jan 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1 q3 - the shwet.pdf6 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: form 2 q3 - the shwet.pdf6 Jan 2024
Disclosure of sold/ booked inventoryFile: sold booked q3 - the shwet.pdf6 Jan 2024
Disclosure of sold/ booked inventoryFile: TEjassold booked q2.pdf5 Dec 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: the shwet form 5 2022-2023_compressed.pdf31 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: THE SHWET FORM 2 Q2.pdf27 Oct 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_CA Certificate_Shwet_Sept23_Final.pdf26 Oct 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2 - THE SHWET Q2.pdf25 Oct 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A - THE SHWET.pdf18 Sep 2023
Disclosure of sold/ booked inventoryFile: SOLD BOOKED - THE SHWET.pdf18 Sep 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: THE SHWET Q1 ARCHITECT CERTIFICATE 2023-2024.pdf5 Sep 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: THE SHWET ENGINEER CERTIFICATE Q1 2023-2024.pdf1 Sep 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: THE SHWET CA CERTIFICATE OF Q1 2023-2024_compressed.pdf1 Sep 2023
Details of encumbrancesFile: Self Declaration Regarding Encumbrances.pdf27 Jul 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 2 THE SHWET ARCHITECT CERTIFICATE Q4 2022-2023.pdf29 Jun 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 3 The Shwet Engineer Certificate Q4 2022-2023.pdf29 Jun 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 1 CA The Shwet-Mar'23 Signed Copy_compressed.pdf29 Jun 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECTS CERT THE SHWET Q-DEC.pdf8 Apr 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGREERING CERT THE SHWET Q-DEC.pdf8 Apr 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA The Shwet DEC 2022_compressed.pdf16 Mar 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: the shwet 2 (1)_arch_cert_june.pdf28 Feb 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: the shwet 2_arch_cert_sept.pdf28 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: the shwet (1)_eng_cert.pdf28 Feb 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: THE SHWET_ENg_CERT_sept.pdf28 Feb 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Raichandani (The Shwet) June 2022.pdf21 Jan 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Raichandani (The Shwet) Sept 2022.pdf21 Jan 2023
Copy of the legal title reportFile: title report.pdf24 May 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 1CA Cert Shwet signed.pdf24 May 2022
Layout approvalFile: Building Plan_compressed (1).pdf20 May 2022
Building plan approvalFile: Building Plan_compressed (1).pdf20 May 2022
PAN CardFile: Firm Pan Card.pdf20 May 2022
Details of encumbrancesFile: EC.pdf20 May 2022
Copy of Layout Approval (in case of layout)File: Building Plan_compressed (1).pdf20 May 2022
Building Plan Approval / NA Order for plotted developmentFile: Building Plan_compressed (1).pdf20 May 2022
Commencement Certificates / NA Order for plotted developmentFile: Comm Certificate_compressed.pdf20 May 2022
Declaration about Commencement CertificateFile: Form-D.pdf20 May 2022
Declaration in FORM BFile: Form-B-Developers_compressed.pdf20 May 2022
CERSAI detailsFile: CERSAI_Search_Report The Shwet.pdf20 May 2022
Proforma of Allotment letterFile: Agreement Draft.pdf20 May 2022
Proforma of Allotment letterFile: Allotment Letter_The Shwet.pdf20 May 2022

Promoter's earlier projects1

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.

1 not delivered by the promised date
ProjectLocationFlatsRegisteredStatusPromisedDelivered
SUNMAN CO-OPERATIVE HOUSING SOCIETY LIMITEDP52100049422SHIVAJI NAGAR, Pune24Feb 2023OngoingDec 2025Not delivered

How this compares with Pune

39%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one moved by 24 months
26%of Pune registrations have lapsed or been cancelledthis one is on the register

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune 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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Builder: Raichandani Constructions & Developers

RAICHANDANI CONSTRUCTIONS & DEVELOPERS has 4 registrations on MahaRERA, including TEN SQUARE and PENTAGON TOWERS. Its filings disclose 3 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if The Shwet is delayed beyond 31 Dec 2026?

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 The Shwet?

The registered promoter entity is Raichandani Constructions & Developers, a partnership as per the filing. Its GSTIN 27AAYFR1876R1ZU 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 The Shwet?

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 The Shwet?

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 The Shwet?

The professionals named in the filing: Architect: Jay Aeram & Associates, Architects; Architect: Milind Saraf; Engineer: Siddharth Sawant; Chartered Accountant: SPAK & Co; Chartered Accountant: CA Bogati And Company. 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 The Shwet?

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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