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ACETRON INDUSTRIAL ESTATE
RG-MH-57176 · RERA P99000018746 · Last updated on MahaRERA portal: 21 Feb 2025
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 16 months past the filed date
- Completion date moved by 48 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
4 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.
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ACETRON INDUSTRIAL ESTATE is a Mixed project by ACETRON CONSTRUCTION LLP in Palghar, Maharashtra, registered with MahaRERA as P99000018746 on 29 Nov 2018. Possession was promised by 30 Jun 2025 and is now 16 months past that date. The completion date has moved by 48 months from the original filing.
At a glance
Project
- NameACETRON INDUSTRIAL ESTATE
- TypeMixed
- Location
- Chandansar
- HDIL Industrial Road
- Vasai-Virar City (M Corp)
- Vasai
- Palghar
- 401305
- Pincode401305
- RERA no.P99000018746
- ReraGenie IDRG-MH-57176
Builder
- NameACETRON CONSTRUCTION LLP
- Entity typeOthers
- Named personsJEETENDER JAIKISHAN ASWANI, DEEPAK KAIN, MOHIT ASHOK NAWANY, SAGAR RAJKUMAR GWALLANI, DINESH K MULANI
- Other registrations1 more →
- Completed1 of 2
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on29 Nov 2018
- Promised completion30 Jun 2025
- Revised completionRevised to 30 Jun 2025 (originally 30 Jun 2021)
- Buildings1 building record
- Documents filed33 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BLDG NO 1 | NA | 3 | 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 21 Feb 2025, 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.
8 of 11 construction stages are filed complete. The stage furthest along is Sanitary Fittings within the flats / premises, at 25%.
BLDG NO 1: 75% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 25% |
| 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. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 21 Feb 2025, 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 | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| 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 | 0% |
| Electrical meter room, sub-station, receiving station | No | Not applicable |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
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 partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Divyesh shah |
| Engineer | Anil gattani |
| Chartered Accountant | SHAH DESAI & ASSOCIATES |
| Chartered Accountant | NIYATI S LOLADIA & ASSOCIATES |
| Partner | Role in project |
|---|---|
| ACETRON CONSTRUCTION LLP | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDelayed due to approval delay, CC was on 17/3/2017 but Plinth CC received in Jan 2021 (attached). No Units sold so far, attached 7/3 form as directed.
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 22 Nov 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 22 Nov 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 22 Nov 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Nov 2018Confirm 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 21 Feb 2025
Documents filed33
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: OC Acetron Industrial.pdf | 21 Feb 2025 |
| Certificates of CA (Form 3)File: Form 3-Signed.pdf | 7 Oct 2024 |
| Certificates of CA (Form 3)File: Form 3-Signed.pdf | 7 Oct 2024 |
| Certificates of CA (Form 3)File: Form 3-Signed.pdf | 7 Oct 2024 |
| Certificates of CA (Form 3)File: Form 3-Signed.pdf | 7 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: ACLLP FORM 5.pdf | 25 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A.pdf | 30 Jan 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A.pdf | 31 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Acetron Construction LLP Form-5 ( FY 2021-2022) Certificate.pdf | 25 May 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech Letter after Signatures.pdf | 9 Nov 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate 2021_compressed (3)_11zon.pdf | 25 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 2018- 2019.pdf | 21 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 2019-2020.pdf | 21 Oct 2021 |
| Declaration about Commencement CertificateFile: Declaration of CC Circular Copy.pdf | 20 Oct 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: QA 1.pdf | 20 Oct 2021 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold Booked Inventory.pdf | 20 Oct 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Acetron Construction Form 5 (2019 20102021).pdf | 20 Oct 2021 |
| OtherFile: Work Stop Scan.pdf | 20 Oct 2021 |
| Building plan approvalFile: Approval plan 1.pdf | 22 Nov 2018 |
| Building plan approvalFile: Approval plan 2.pdf | 22 Nov 2018 |
| Layout approvalFile: Layout plan Compressed.pdf | 22 Nov 2018 |
| Copy of the legal title reportFile: Title Certificate 60.pdf | 22 Nov 2018 |
| Copy of the legal title reportFile: Title Certificate 61.pdf | 22 Nov 2018 |
| Details of encumbrancesFile: Encruebance Letter.pdf | 22 Nov 2018 |
| Copy of Layout Approval (in case of layout)File: Layout plan Compressed.pdf | 22 Nov 2018 |
| Building Plan Approval (IOD)File: Approval plan 1.pdf | 22 Nov 2018 |
| Building Plan Approval (IOD)File: Approval plan 2.pdf | 22 Nov 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: cc copy bldg 61.pdf | 22 Nov 2018 |
| Declaration in FORM BFile: Declaration form B.pdf | 22 Nov 2018 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate.pdf | 22 Nov 2018 |
| Proforma of Allotment letterFile: Allotment Letter DRAFT.pdf | 22 Nov 2018 |
| Proforma of Allotment letterFile: Acetron Const Agreement Draft.pdf | 22 Nov 2018 |
| PAN CardFile: Acetron Construction LLP PAN Card.pdf | 20 Nov 2018 |
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How this compares with Palghar
Computed across the 3,200+ Palghar projects on ReraGenie, from their own filings.
Free monthly report: Vasai-Virar and Palghar 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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 33 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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Builder: ACETRON CONSTRUCTION LLP
ACETRON CONSTRUCTION LLP has 2 registrations on MahaRERA, including INFINITI INDUSTRIAL ESTATE I and ACETRON INDUSTRIAL ESTATE. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What does it mean that ACETRON INDUSTRIAL ESTATE shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if ACETRON INDUSTRIAL ESTATE is delayed beyond 30 Jun 2025?
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 ACETRON INDUSTRIAL ESTATE?
The registered promoter entity is ACETRON CONSTRUCTION LLP, an others 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 ACETRON INDUSTRIAL ESTATE?
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 ACETRON INDUSTRIAL ESTATE?
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 ACETRON INDUSTRIAL ESTATE?
The professionals named in the filing: Architect: Divyesh shah; Engineer: Anil gattani; Chartered Accountant: SHAH DESAI & ASSOCIATES; Chartered Accountant: NIYATI S LOLADIA & ASSOCIATES. 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 ACETRON INDUSTRIAL ESTATE?
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.
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