Home / Browse projects / Palghar, Maharashtra / Acropolis 1
Acropolis 1
RG-MH-26031 · RERA P99000007415 · Last updated on MahaRERA portal: 4 Aug 2021
Source: official MahaRERA filing
Red flags
- 26 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
1 condition is 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 Palghar registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Acropolis 1 is a Residential / Group Housing project by Bhoomi & Arkade Associates in Palghar, Maharashtra, registered with MahaRERA as P99000007415 on 17 Aug 2017. The registration is recorded completed; possession was promised by 30 Dec 2021. 26 complaints are on record with the regulator.
At a glance
Project
- NameAcropolis 1
- TypeResidential / Group Housing
- Location
- Chilkhaldongri Road
- Virar West
- Vasai-Virar City (M Corp)
- Vasai
- Palghar
- 401303
- Pincode401303
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000007415
- ReraGenie IDRG-MH-26031
Builder
- NameBhoomi & Arkade Associates
- Entity typePartnership
- PartnersArkade Developers Private Limited Arkade Developers Private Limited, Bhoomi Shashwat Estate Private Limited Bhoomi Shashwat Estate Private Limited
- Other registrations1 more →
- Completed2 of 2
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on17 Aug 2017
- Promised completion30 Dec 2021
- Revised completionNone
- Buildings9 building records
- Documents filed31 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| H | NA | 17 | 0 | 0 | 0 | 0 |
| I | NA | 17 | 0 | 0 | 0 | 0 |
| J | NA | 17 | 0 | 0 | 0 | 0 |
| G | NA | 17 | 0 | 0 | 0 | 0 |
| K | NA | 17 | 0 | 0 | 0 | 0 |
| L | NA | 17 | 0 | 0 | 0 | 0 |
| M | NA | 17 | 0 | 0 | 0 | 0 |
| N | NA | 17 | 0 | 0 | 0 | 0 |
| O | NA | 17 | 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 building9
As on 4 Aug 2021, 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.
90 of 99 construction stages are filed complete across 9 buildings. The stage furthest along is Podiums (if any), at 0%.
H91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
I91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
J91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
G91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
K91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
L91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
M91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
N91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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% |
O91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| 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 amenities16
As on 4 Aug 2021, 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 | Yes | 100% |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | Yes | 100% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 100% |
| Solid Waste Management And Disposal | Yes | 100% |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | Yes | 100% |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 86% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
| Podium with Clubhouse | Yes | 100% |
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 partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | REZA KABUL |
| Architect | AJAY WADE AND ASSOCIATES |
| Engineer | HIREN M TANNA |
| Partner | Role in project |
|---|---|
| Bhoomi & Arkade Associates | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 2901/2015 | BOMBAY HIGH COURT | PENDING FOR ADMISSION |
Complaints filed with MahaRERA26
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000001509 | Ramvilas Rammani Varma | Bhoomi and Arcade Associates | 27/10/2017 |
| CC006000000000754 | Rajesh Chopra | M/s Bhoomi & Arkade Associates | 29/09/2017 |
| CC006000000001398 | ANKUSH DEWAN | Shreenevasan Acharya | 05/11/2017 |
| CC006000000001449 | Uday Bhatu Wagh | bhoomi & arkade associates | 04/11/2017 |
| CC006000000056012 | uday bhatu wagh | bhoomi & arkade associates | 29/08/2018 |
| CC006000000023738 | Rahul Bhosle | M/S Bhoomi & Arkade Associates | 15/03/2018 |
| CC006000000023809 | NILESH PARIKH | M/S Bhoomi & Arkade Associates | 09/11/2018 |
| CC006000000044203 | Alistair Gomes | M/S. Bhoomi & Arkade Associates | 20/04/2018 |
| CC006000000044263 | Ramvilas Varma | Bhoomi and Arcade Associates | 24/04/2018 |
| CC006000000054826 | Mustakem Qureshi | M/S Bhoomi & Arcade associates | 26/06/2018 |
| CC006000000195875 | Mustakem Qureshi | M/S Bhoomi & Arcade Associates | 04/02/2021 |
| CC006000000055505 | Mahrukh Zubin Jokhi | M/S. BHOOMI & ARCADE ASSOCIATES | 25/07/2018 |
| CC006000000056990 | MS. Valentine Dias | BHOOMI & ARCADE ASSOCIATES | 20/11/2018 |
| CC006000000055852 | Chitralekha Mhatre | Bhoomi and Arcade Associates | 20/08/2018 |
| CC006000000056692 | Mr. Rajendra Sawant | Bhoomi & Arcade Associates | 26/10/2018 |
| CC006000000056733 | suraj sharma | M/s BHOOMI & ARKADE ASSOCIATES | 27/10/2018 |
| CC006000000057018 | Shamim Peerbhoy | Bhoomi and Arkade Associates | 26/11/2018 |
| CC006000000057212 | Yogesh Lade | Yogesh Lade | 16/01/2019 |
| CC006000000057225 | Amit Nandlal Wadhwani | M/s. Bhoomi & Arkade Associates | 11/12/2018 |
| CC006000000057252 | Bipin Behari Saxena | M/s. Bhoomi & Arkade Associates | 11/12/2018 |
| CC006000000057437 | GOPI EASHWAR IYER | Bhoomi and Arkade Associates | 26/12/2018 |
| CC006000000182089 | Manoj Sharma & Payal M. Sharma | M/s. Bhoomi & Arkade Associates through its partners Amit Jain & Chaitya Mehta | 10/01/2020 |
| CC006000000196275 | RAMPRAKASH GUPTA | M/S BHOOMI & ARKADE ASSOCIATES | 10/03/2021 |
| CC006000000197904 | Bipin Saxena | M/S Bhoomi Arkade and Associates | 10/08/2021 |
| CC006000000196909 | SHAMIM RAEEZ PEERBHOY | M/s Bhoomi and ArcadeAssociates | 07/05/2021 |
| CC006000000197417 | Amit Nandlal Wadhwani | M/s Bhoomi and ArcadeAssociates | 01/07/2021 |
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 28 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 28 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 28 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on 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.
Documents filed31
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 |
|---|---|
| Status of Formation of Legal Entity (Society/Co Op etc.)File: G H I J SOCIETY REGISTRATION CERTIFICATE.pdf | 4 Aug 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: K L M N O SOCIETY REGISTRATION CERTIFICATE.pdf | 4 Aug 2021 |
| Certificates of Architect (Form 4)File: Form 4 Phase 1-ilovepdf-compressed.pdf | 28 Jan 2019 |
| OtherFile: Occupation Certificate.pdf | 17 Jan 2019 |
| Certificates of CA (Form 5)File: Acropolis1.pdf | 15 Oct 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Arch Cert Phase 1.pdf | 7 Jun 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engg Certificate - Phase 1.pdf | 7 Jun 2018 |
| Proforma of Allotment letterFile: Draft AFS Virar Phase I.pdf | 7 Jun 2018 |
| Building plan approvalFile: CC COPY MARKED WITH BULD 3 and 4 SEC3.pdf | 30 Jul 2017 |
| Details of encumbrancesFile: INDEX II.pdf | 30 Jul 2017 |
| Building Plan Approval (IOD)File: CC COPY MARKED WITH BULD 3 and 4 SEC3.pdf | 30 Jul 2017 |
| Declaration in FORM BFile: Form B Phase 1.pdf | 30 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHIITECT CERTIFICATE PHASE 1.pdf | 30 Jul 2017 |
| Certificates of CA (Form 3)File: CA Certificate Phase 1.pdf | 30 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGG 1st phase.pdf | 29 Jul 2017 |
| Layout approvalFile: Layout IOD plan.pdf | 28 Jul 2017 |
| Building plan approvalFile: Layout IOD plan.pdf | 28 Jul 2017 |
| PAN CardFile: PAN.pdf | 28 Jul 2017 |
| Copy of the legal title reportFile: Legal Title report.pdf | 28 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: Layout IOD plan.pdf | 28 Jul 2017 |
| Building Plan Approval (IOD)File: Layout IOD plan.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: G wing CC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: H wing CC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: I Wing PCC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: J Wing CC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: K wing CC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: L wing PCC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: M Wing CC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: N Wing PCC.pdf | 28 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: O Wing PCC.pdf | 28 Jul 2017 |
| Proforma of Allotment letterFile: Allotement letter agreement for sale.pdf | 28 Jul 2017 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 31 filed documents as one ZIP, foldered, with a manifest
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Builder: Bhoomi & Arkade Associates
Bhoomi & Arkade Associates has 2 registrations on MahaRERA, including Acropolis 1 and ACROPOLIS 2. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Palghar district page.
Frequently asked questions
What are my rights if Acropolis 1 is delayed beyond 30 Dec 2021?
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 Acropolis 1?
The registered promoter entity is Bhoomi & Arkade Associates, a partnership 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 Acropolis 1?
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 do I read the complaint cases filed against Acropolis 1?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for Acropolis 1?
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 Acropolis 1?
The professionals named in the filing: Architect: REZA KABUL; Architect: AJAY WADE AND ASSOCIATES; Engineer: HIREN M TANNA. 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 Acropolis 1?
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; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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