590 m awayOthers
Karnika Galaxy Phase 2
PATIL DEVELOPERS · Thane
Jul 2025registered
Dec 2028target completion
Government Guidance Rate₹60,034/sq ydScale380 flatsAuthorityMahaRERA
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Detailed ReportSWASTIK FLORESTA
01
Complete project overview
MahaRERA · Registration filing- Project name
- SWASTIK FLORESTA
- Units
- 71 units
- Floors
- 7
- Buildings
- 2
- Parking
- 25 spaces
- Land area
- 3,993 sq m
- Sanctioned built-up
- 4,249 sq m
- Recreational open space
- 599 sq m
Timeline
RERA registeredMar 2018
Proposed completionMar 2023
TodaySep 2026
Construction progressPer-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
Podiums0%
Flat fit-out0%
OC-readiness0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Solid Waste Manage…0%
Water conservation…0%
Fire protection an…0%
Electrical meter r…0%
Aggregate area of …0%
Open Parking0%
External finishes10%
Stairs & lifts15%
Internal finishes20%
Superstructure75%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
02
Builder’s track record
MahaRERA · Builder registrationD P HOMES INFRAPROJECTS PRIVATE LIMITED
CompanyPromoter type
Thane, MAHARASHTRABased in
1Projects
1City
2018–2023Active
Timelineevery project, start → promised completion
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location
MahaRERA · Registration filing- This project
- 95 new projects last year
- 1,103 nearby projects
- Village
- Thane (M Corp.)
- Taluka
- Thane
- District
- Thane
- Pincode
- 400612
- Survey no.
- 14/5 13/2 168
- North boundary
- 9 MTR ACCESS ROAD
- East boundary
- 9 MTR ROAD
- South boundary
- SR NO 13 2
- West boundary
- 60 MTR DP ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.5 km · Mumbra Bypass FlyoverPrimary road 2.3 kmRailway line 153 mRailway station 700m away (Dativali)Limited bus connectivity nearby
Water & environment
Water body 477 m
distances only — not a flood assessment04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryNo building detected within ~36 m of the recorded location in any year from 2016 to 2023.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~36 m of the filed location.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- No building is visible in this circle through 2023. That is what the imagery shows, not a statement about the project’s progress.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
- Site is a ~36 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
- Coordinate sits 3-10 km from other projects with the same pincode.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Maharashtra IGR — Annual Statement of RatesIn Maharashtra it’s called the ready reckoner rate.
₹60,034per sq yd
₹71,800per sq m
- Which rate
- residential flat (built)
- Matched to
- The middle rate across the 101 divisions of “Thane (M Corp.)” — the city's middle, not this project's own division.
- In force
- 2026-2027 schedule
- Spread
- ₹26,923 – ₹1,55,185 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of city, and says so above. How Horizon decides what to show.
06
Planning authority
MahaRERA · Approved building planBuilding Permit
Survey no. 14/5 13/2 168
The promised possession date (30 Mar 2023) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
The approving body, at scale
Thane Municipal Corporation
Municipal corporationHas approved 489 RERA projects — 2.4% of Maharashtra.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 318
- On record
- 7,890 flats · 0 plots
- Reach
- 5 districts
- Since
- 2017
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
07
Complaints & litigation
MahaRERA · public recordComplaints before MahaRERA
6 complaints · 6 disposed · 0 open
A disposed complaint may have been resolved for or against the builder, and only disputes escalated to MahaRERA appear here at all.
| Number | Date | Status | |
|---|---|---|---|
| CC12500760 | 6 Mar 2025 | Order Approveddisposed | |
| CC12400806 | 17 Nov 2024 | Order Approveddisposed | |
| CC12400805 | 17 Nov 2024 | Order Approveddisposed | |
| CC006000000397097 | 15 Aug 2023 | Order Approveddisposed | |
| CC006000000396095 | 9 Jun 2023 | Order Approveddisposed |
Show 1 more
| Number | Date | Status | |
|---|---|---|---|
| CC006000000192251 | 28 Feb 2021 | Order Approveddisposed |
Appeals to the Appellate Tribunal
1 appeal
| Number | Date | Status | |
|---|---|---|---|
| AT06/00323/2026from complaint CC12500760 | 23 Feb 2026 | Forwarded |
What the builder declared
Declared to MahaRERA- Litigation
- None declared to MahaRERA
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km4,899 residential projects still under way within 25 km. Step out ring by ring:
Of the 1,103 projects the radar draws within 6 km — every kind, every stage — 438 are residential projects still under way. This list keeps only those, and looks further out.
6 projects within 1 km — showing the nearest 6.
720 m awayResidential / Group Housing
MY CITY PHASE II CLUSTER 5 PART III
HORIZON PROJECTS PVT LTD · Usarghar · Kalyan
Nov 2020registered
Jun 2027target completion
⚠ 2 open complaintsGovernment Guidance Rate₹46,740/sq ydScale635 flatsAuthorityMahaRERA
720 m awayResidential / Group Housing
BALAJI CLASSICA - ATHENA AND IRIS
Laukik Lifestyles · Usarghar · Kalyan
Mar 2024registered
Jun 2028target completion
Government Guidance Rate₹46,740/sq ydScale594 flatsAuthorityMahaRERA
910 m awayResidential / Group Housing
Balaji Classica - NOVA
Laukik Lifestyles · Usarghar · Kalyan
Jun 2026registered
Dec 2031target completion
Government Guidance Rate₹46,740/sq ydScale322 flatsAuthorityMahaRERA
930 m awayResidential / Group Housing
Kohinoor Highland
KGI REALTY PRIVATE LIMITED · Usarghar · Kalyan
May 2023registered
Dec 2026target completion
Government Guidance Rate₹46,740/sq ydScale266 flatsAuthorityMahaRERA
960 m awayResidential / Group Housing
Kohinoor Imperia
KGI REALTY PRIVATE LIMITED · Usarghar · Kalyan
Sep 2026registered
Mar 2030target completion
Government Guidance Rate₹46,740/sq ydScale267 flatsAuthorityMahaRERA
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with MahaRERA, as the builder submitted it.
- 02Builder's track record
- MahaRERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location
- Address and pincode: the MahaRERA filing.
- Coordinates: as filed with MahaRERA.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- Maharashtra IGR — Annual Statement of Rates.
- 06Planning authority
- MahaRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- Complaints before MahaRERA.
- Appeals to the Appellate Tribunal: MahaRERA's own register.
- 08Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/swastik-floresta-thane-m-corp-mxv7vi3a.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.