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AKSA TOWER
RG-MH-07285 · RERA P51800055503 · Last updated on MahaRERA portal: 20 Jul 2026
Source: official MahaRERA filing
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Red flags
- Possession 1 months past the filed date
- Litigation declared, 1 case
- 1 complaint at MahaRERA
- Completion date moved by 18 months
- 2 extensions taken
Clear
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
5 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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AKSA TOWER is a Residential / Group Housing project by HFI INDUSTRIES in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800055503 on 2 Apr 2024. Possession was promised by 30 Sep 2026 and is now 1 months past that date. The completion date has moved by 18 months from the original filing. 16 of the 65 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameAKSA TOWER
- TypeResidential / Group Housing
- Location
- FAIRDEAL ROAD
- JOGESHWARI
- Bandivali
- Andheri
- Mumbai Suburban
- 400102
- Pincode400102
- RERA no.P51800055503
- ReraGenie IDRG-MH-07285
Builder
- NameHFI INDUSTRIES
- Entity typePartnership
- PartnersMOHAMED FAROOQUE HANIF JATU, HANIF MUSHTAK KHAN, SHABBIR NAZIR KHAN, ASHFAQ NAZIR KHAN, MOHAMED TARIQ FAROOQUE JATU, MOHAMED SADIQ FAROOQUE JATU, FAISAL FAROOQUE JATU, IQBAL ABDUL KHALID AHMED
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on2 Apr 2024
- Promised completion30 Sep 2026
- Revised completionRevised to 30 Sep 2026 (originally 31 Mar 2025)
- Buildings1 building record
- Documents filed79 files
Current status
Figures as on 20 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING 3F | NA | 18 | 17 | 65 | 0 | 65 |
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 20 Jul 2026, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.
BUILDING 3F: 82% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| 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 amenities15
As on 20 Jul 2026, 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 | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | Yes | 100% |
| Open Parking | No | Not applicable |
Parking filed43
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership2
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| S K Builders | Andheri | Mumbai Suburban |
| Abdul Ahad Vajid Alikhan | Andheri | Mumbai Suburban |
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| BUILDING 3F | NA | Rs 25.04 cr | Rs 23.50 cr |
| - | NA | Rs 1.10 cr | Rs 66.69 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SARANG ARCHITECT |
| Engineer | Hanware Consultants |
| Engineer | NILESH GURAL DALWANI |
| Chartered Accountant | SHASHANK R JAIN AND ASSOCIATES |
| Chartered Accountant | Paras Thakkar Associates |
| Partner | Role in project |
|---|---|
| HFI INDUSTRIES | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterWe are making the application to Extend the completion date of our above project Under Section 6 of Real Estate (Regulations and Development) Act, 2016 upto 30/11/2025
Reason as filed by the promoterWe are in the process of obtaining the requisite No Objection Certificates (NOCs) necessary for the issuance of the Occupation Certificate (OC). We anticipate receiving the OC well before 30th August 2026. The on-site work has been completed up to approximately 85% overall.
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 165/2023/2023 | Hon'ble Bombay High Court | Ongoing |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC006000000480028 | dilawar sikandar khan | HFI INDUSTRIES TAREEQ JHATU | 17/04/2024 |
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 27 Mar 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 15 Jan 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Jan 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 27 Feb 2024Confirm 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 filed79
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 |
|---|---|
| Withdrawal Update Form 1File: Form 1 HFI 30062026.pdf | 20 Jul 2026 |
| Withdrawal Update Form 2File: Form 2 HFI 30062026.pdf | 20 Jul 2026 |
| Withdrawal Update Form 3File: Form 3 HFI 30062026_compressed.pdf | 20 Jul 2026 |
| Form 2A (FY 2025-2026)File: Form 2A System Generated of HFI FY 25-26 SCAN.pdf | 9 Jun 2026 |
| Withdrawal Update Form 1File: Form 1.pdf | 21 Apr 2026 |
| Withdrawal Update Form 2File: form 2.pdf | 21 Apr 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 21 Apr 2026 |
| Withdrawal Update Form 1File: HFI RERA FORM - 1.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: HFI RERA FORM - 2.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: HFI RERA Form - 3.pdf | 20 Jan 2026 |
| Form 2A (FY 2024-2025)File: Form 2A System Generated 31032025 Signed.pdf | 18 Nov 2025 |
| Form 5 (FY 2024-2025)File: Form 5 HFI 31032025 -Signed.pdf | 10 Nov 2025 |
| Withdrawal Update Form 1File: Form 1 HFI 30092025.pdf | 13 Oct 2025 |
| Withdrawal Update Form 2File: Form 2 HFI 30092025.pdf | 13 Oct 2025 |
| Withdrawal Update Form 3File: Form 3 HFI 30092025.pdf | 13 Oct 2025 |
| Withdrawal Update Form 1File: Form-1 of HFI 30062025.pdf | 11 Aug 2025 |
| Withdrawal Update Form 2File: Form -2 of HFI 30062025.pdf | 11 Aug 2025 |
| Withdrawal Update Form 3File: Form 3 of HFI 30062025.pdf | 11 Aug 2025 |
| Form 1File: Form-1 of HFI 30062025.pdf | 18 Jul 2025 |
| Form 2File: Form -2 of HFI 30062025.pdf | 18 Jul 2025 |
| Form 3File: Form 3 of HFI 30062025.pdf | 18 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold & unsold of HFI 30062025.pdf | 18 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 31032025.pdf | 25 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 HFI 31032025 - Final.pdf | 25 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 31032025.pdf | 25 Apr 2025 |
| Other - TechnicalFile: RESIGNATION LETTER TO MAHARERA FOR HFI PROJECT - AQSA TOWER.pdf | 10 Mar 2025 |
| Declaration about Commencement CertificateFile: DECLARATION ABOUT CC.pdf | 24 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold.pdf | 21 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCH CERTIFICATE.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Aksa Tower 31122024_Scanned.pdf | 20 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENG CERTIFICATE.pdf | 20 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 architect 30092024.pdf | 21 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form-3 30092024 final-compressed.pdf | 21 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2 engineering 30092024.pdf | 21 Oct 2024 |
| Declaration in FORM BFile: Form B.pdf | 16 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold 300624.pdf | 16 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold 300924.pdf | 16 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold 151024.pdf | 16 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate.pdf | 8 Aug 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate.pdf | 8 Aug 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 HFI 30062024.pdf | 8 Aug 2024 |
| Copy of the legal title reportFile: Title report of Aksa pdf with Stamp.pdf | 27 Mar 2024 |
| Other - LegalFile: Order No 50.pdf | 23 Mar 2024 |
| Other - LegalFile: Declaration of Plot Area Megerd.pdf | 23 Mar 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: BMC Letter.pdf | 27 Feb 2024 |
| Declaration about Commencement CertificateFile: Declaration of CC.pdf | 27 Feb 2024 |
| Proforma of Agreement for saleFile: AGREEMENT FOR SALE.pdf | 27 Feb 2024 |
| Other - TechnicalFile: BMC Letter.pdf | 27 Feb 2024 |
| Deviation Report with respect to model copy of AgreementFile: DEVIATION SHEET of AFS.pdf | 26 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: LEGAL ENCUMBRANCE.pdf | 25 Jan 2024 |
| Details of encumbrances concerned to LegalFile: LEGAL ENCUMBRANCE.pdf | 25 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Notesheet.pdf | 25 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2 Engineer certificate.pdf | 25 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_compressed.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-FAROOQUE-1.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-TARIQ-2.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-SADIQ-3.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-FAISAL-4.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-HANIF-5.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-SHABIR-6.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-ASHFAQ-7.pdf | 25 Jan 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: DOI-IQBAL-8.pdf | 25 Jan 2024 |
| Other - LegalFile: HFI - Deed of Retirment and Reconstitution of Partnership _compressed.pdf | 25 Jan 2024 |
| Layout approvalFile: Drawing-1-2.pdf | 15 Jan 2024 |
| Building plan approvalFile: Drawing-1-2.pdf | 15 Jan 2024 |
| Building plan approvalFile: Drawing -3-4.pdf | 15 Jan 2024 |
| Copy of Layout Approval (in case of layout)File: Drawing-1-2.pdf | 15 Jan 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing-1-2.pdf | 15 Jan 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Drawing -3-4.pdf | 15 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 Arch Certificate.pdf | 15 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: ENCUMBERANCE TO LEGAL-Final-mERGED.pdf | 5 Jan 2024 |
| Details of encumbrances concerned to LegalFile: ENCUMBERANCE TO LEGAL-Final-mERGED.pdf | 5 Jan 2024 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 26 Dec 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Report - Allotment Letter 1.pdf | 21 Dec 2023 |
| Declaration in FORM BFile: Form - B.pdf | 14 Dec 2023 |
| PAN CardFile: HFI PAN CARD.pdf | 13 Dec 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: CC TO BE UPLOADED.pdf | 13 Dec 2023 |
| CERSAI detailsFile: DECLARTION OF CERSAI.pdf | 13 Dec 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: BANK ACOUNT DECLARATION.pdf | 13 Dec 2023 |
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Buyer report
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Builder: HFI INDUSTRIES
HFI INDUSTRIES has 1 registration on MahaRERA, including AKSA TOWER. Its filings disclose no earlier MahaRERA projects. Litigation is declared on 1 of its registrations. Read the full track record. See more projects on the Mumbai Suburban district page.
Frequently asked questions
What are my rights if AKSA TOWER is delayed beyond 30 Sep 2026?
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 AKSA TOWER?
The registered promoter entity is HFI INDUSTRIES, 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 AKSA TOWER?
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 AKSA TOWER?
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 AKSA TOWER?
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 AKSA TOWER?
The professionals named in the filing: Architect: SARANG ARCHITECT; Engineer: Hanware Consultants; Engineer: NILESH GURAL DALWANI; Chartered Accountant: SHASHANK R JAIN AND ASSOCIATES; Chartered Accountant: Paras Thakkar 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 AKSA TOWER?
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; how the declared litigation on this registration affects your risk; 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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