ActiveP51700077651Registered Oct 2024No active red flags

SPM Dream City Phase 2

A residential / group housing project by Swastik Lifespace in Pale Gaon, Thane.

Data as of Jul 2026, from this project's public MahaRERA filing. View on the MahaRERA portal ↗

Overview

Status & progress

Per MahaRERA record as of Jul 2026.

Construction
19%
cost-weighted
Declared completion
Dec 2030
no delay on record
Units sold
24 / 173
14% sell-through
Basics

Project basics

As filed with MahaRERA — not analysis, just the record.

Promoter
Swastik Lifespace · Partnership
Project type
Residential / Group Housing
Land area
4,950 m² · Permissible built-up (FSI) 8,706 m²
Total units
173 across 2 wings
Estimated cost
₹41.7 Cr
Application date
10 Oct 2024
Buildings & units

2 wings

Floors and unit counts as filed.

WingFloors sanctionedTotal units
NA17 of 17 proposed126
NA6 of 6 proposed47
People on record

Promoter & professionals

Names and registrations as declared — no background analysis.

Architect
· CA/2016/75259
Structural engineer
Designage Consulting Structural Engineers
Project bank
HDFC BANK
Location

Where it sits

Pale Gaon, Thane — 421506.

Locality
Pale Gaon
District
Thane
Authority
Ambernath Municipal Council
Red flags

No active red flags

Absence of a flag reflects the record as filed, not an assessment of safety.

Legal & encumbrance

Litigation & charges

Unlock the complaint list with order and warrant detail, plus full encumbrance and litigation detail and the FAQ.

Unlock full report — ₹99

SPM Dream City Phase 2: common questions

Is SPM Dream City Phase 2 RERA registered?

Yes. SPM Dream City Phase 2 is registered with MahaRERA under registration number P51700077651, granted on 17 October 2024. As of July 2026, the registration is active.

What is the possession date of SPM Dream City Phase 2?

The developer has declared completion by December 2030 in its MahaRERA filing. The RERA completion date is the developer's legal commitment; the possession date in your agreement can differ, so check both.

Who is the builder of SPM Dream City Phase 2?

SPM Dream City Phase 2 is developed by Swastik Lifespace, the promoter named in its MahaRERA registration.

Where is SPM Dream City Phase 2 located?

SPM Dream City Phase 2 is in Pale Gaon, Thane (PIN 421506), Maharashtra, as declared in its RERA registration.

How many units does SPM Dream City Phase 2 have, and how many are sold?

SPM Dream City Phase 2 has 173 units on its RERA registration. 24 were reported sold as of July 2026, leaving 149 unsold.

How much construction of SPM Dream City Phase 2 is complete?

By the developer's own quarterly filing, 19% of the work is done, measured against the project's cost estimate.

Is there any litigation against SPM Dream City Phase 2?

1 litigation case is declared on SPM Dream City Phase 2's MahaRERA record. The full report lists each case with its court and status.

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