Bhandup · Mumbai
Swastik Iris
LBS Marg, Bhandup · by Swastik Group (Suvasya Builders And Developers LLP)
Updated Oct 2026
BhandupPhotos from the project record · tap to enlarge
A first look at Swastik Iris
Swastik Iris is a residential project on LBS Marg, Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800076792 (registered 2024-07-01). The project has 66 units across 2 buildings of up to 16 floors. It offers 1 & 2 BHK homes with carpet areas of 424–683 sq ft, priced ₹1.17 Cr–₹1.83 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹27,000 per sq ft. MahaRERA proposed possession: Oct 2029.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (7)
Swastik Iris floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Swastik Iris
Location
Swastik Iris is located on LBS Marg, Bhandup (Mumbai 400078), in the Mumbai Suburban district. Across 38 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹24,400 per sq ft.
MahaRERA record
Swastik Iris is registered with MahaRERA under P51800076792, dated 1 July 2024. The registered promoter is Suvasya Builders And Developers LLP. The filing lists 1 wing: Wing A over 16 floors. According to MahaRERA, the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 1 BHK of 424–448 sq ft at ₹1.17 Cr–₹1.24 Cr; 2 BHK of 668–683 sq ft at ₹1.79 Cr–₹1.83 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹26,800–₹27,700 per sq ft of carpet, 13% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Oct 2029.
Developer track record
Swastik Group has 22 projects tracked on Mumbai Property Exchange, 21 of them delivered (ready or sold out).
Buyer demand in Bhandup
In the last 90 days, buyers and tenants registered 18 requirements for Bhandup with Mumbai Property Exchange, 7 of them to buy and 8 specifically for 1 & 2 BHK homes.
Bhandup market
prices, rents & ratesPrice vs locality
Bhandup — resale, rent & yield
This project is quoted around ₹27,000/sqft — 11% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bhandup
Upcoming projects & infrastructure in Bhandup
take an informed decision46 MahaRERA projects are due to hand over in Bhandup between 2026 and 2030; the nearest upcoming infrastructure to Swastik Iris is the Goregaon-Mulund Link Road (GMLR), 1.1 km away (under construction · due 2028).
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.1 km
- 🚇Line 4 GreenUnder construction · due 20272.4 km
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved3.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Bhandup, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 668 sq ft at ₹1.79 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.34 Cr here), released stage by stage, so your own money is about ₹44.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.17 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
20+12 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Bhandup
4
Flats for Rent in Bhandup
3
Commercial for Lease in Bhandup
1
Commercial Projects in Bhandup
Compare Swastik Iris with similarly priced projects nearby
MahaRERA projects nearby in Bhandup
Frequently Asked Questions
Where is Swastik Iris located?
Swastik Iris is on LBS Marg, Bhandup, Mumbai 400078.
What is the price of Swastik Iris?
1 & 2 BHK homes are priced ₹1.17 Cr–₹1.83 Cr as on 09 Jul 2026, about ₹27,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Swastik Iris offer?
1 BHK – 424 sq ft carpet at ₹1.17 Cr; 1 BHK – 448 sq ft carpet at ₹1.24 Cr; 2 BHK – 668 sq ft carpet at ₹1.79 Cr; 2 BHK – 683 sq ft carpet at ₹1.83 Cr.
When is possession of Swastik Iris?
As per MahaRERA, proposed possession is Oct 2029.
Is Swastik Iris RERA-registered?
Yes — MahaRERA registration P51800076792, registered 2024-07-01.
How many units does Swastik Iris have?
MahaRERA records 66 units across 8 buildings, up to 16 floors.
Who is the developer of Swastik Iris?
Swastik Group (Suvasya Builders And Developers LLP) — 22 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bhandup?
46 MahaRERA-registered projects in Bhandup are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Swastik Iris?
Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.1 km away; Line 4 Green — under construction · due 2027, 2.4 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 3.3 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
