Home / Browse projects / Palghar, Maharashtra / AVASAR RESIDENCY
AVASAR RESIDENCY
RG-MH-04199 · RERA P99000021528 · Last updated on MahaRERA portal: 31 Mar 2025
Source: official MahaRERA filing
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Red flags
- 1 complaint at MahaRERA
- Completion date moved by 36 months
- 2 extensions taken
Clear
- No litigation declared
- Separate project account declared
- Allotment letter follows the model form
3 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.
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.
AVASAR RESIDENCY is a Residential / Group Housing project by AMICO BUILDER in Palghar, Maharashtra, registered with MahaRERA as P99000021528 on 8 Jul 2019. Possession is promised by 31 Dec 2026. The completion date has moved by 36 months from the original filing. 37 of the 62 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameAVASAR RESIDENCY
- TypeResidential / Group Housing
- Location
- SECTOR-01
- BOISAR EAST
- Betegaon
- Palghar
- 401501
- Pincode401501
- MapView location on Google Maps (as filed on RERA)
- RERA no.P99000021528
- ReraGenie IDRG-MH-04199
Builder
- NameAMICO BUILDER
- Entity typePartnership
- PartnersAMIT JUGRAJ JI JAIN, SUSHANT VIJAY SHINDE
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on8 Jul 2019
- Promised completion31 Dec 2026
- Revised completionRevised to 31 Dec 2026 (originally 30 Dec 2023)
- Buildings1 building record
- Documents filed44 files
Current status
Figures as on 31 Mar 2025, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| AVASAR RESIDENSY | NA | 5 | 5 | 58 | 4 | 62 |
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 31 Mar 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 80%.
AVASAR RESIDENSY: 51% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 80% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 35% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 25% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 25% |
| 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. | 0% |
Progress on shared amenities15
As on 31 Mar 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 | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed5
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 ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| AMICO BUILDER | Vasai-Virar City (M Corp) | Palghar |
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 | AJAY WADE & ASSOCIATES |
| Engineer | DARSH CONSULT |
| Chartered Accountant | RS MEHTA & ASSOCIATES |
| Chartered Accountant | Y R & ASSOCIATES |
| Partner | Role in project |
|---|---|
| AMICO BUILDER | - |
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 promoterOC IS PENDING
Reason as filed by the promoter1. While registering the project with MahaRERA,we had underestimated the project completion time which proved to be less for such a project. 2. Also due to Covid project got delayed which lead to lack of sales and Financial Difficulties 3. Still the project progress was on track but in between due to some issues with our labour contractor led to few months delay of works. 4. But rest assured,now the works are in full swing & will be completed with in the stipulated time lines of this extended date and OC will be obtained. 5. Also,we are uploading the PERTChart/work completion schedule of the p
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12503146 | AJAY YADAV | AMICO BUILDER | 07/09/2025 |
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 20 Jun 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 13 Jun 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 27 Jun 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Jun 2019Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2026
Documents filed44
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 |
|---|---|
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM-2 31122024.pdf | 31 Mar 2025 |
| Other - TechnicalFile: P99000021528_FileName_3.pdf | 28 Mar 2025 |
| Declaration in FORM BFile: Form-B on 500 rs stamp paper.pdf | 3 Mar 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A- FY-23-24(Quality Certificate)_1.pdf | 3 Mar 2025 |
| Certificates of CA (Form 3)File: FORM-3 JUNE 2024_1.pdf | 23 Feb 2025 |
| Certificates of CA (Form 3)File: FORM-3 Sept-2024_1.pdf | 23 Feb 2025 |
| Certificates of CA (Form 3)File: FORM-3 DEC-2024_1.pdf | 23 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: FORM-5(fy 2023-24).pdf | 23 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: AR - Sold-Unsold - 2025.pdf | 19 Feb 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1.pdf | 29 Jan 2025 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form-1 (2).pdf | 25 Jan 2025 |
| Declaration about Commencement CertificateFile: Final AR - Declaration CC.pdf | 11 Mar 2024 |
| Declaration in FORM BFile: Final Affidavit Cum Declaration - AR.pdf | 11 Mar 2024 |
| CERSAI detailsFile: Final AR - Declaration Cersai.pdf | 11 Mar 2024 |
| Disclosure of sold/ booked inventoryFile: AR - Sold - unsold - final.pdf | 11 Mar 2024 |
| Certificates of CA (Form 3)File: AR - Final Form 3 FINAL.pdf | 11 Mar 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Final AR - DOI - all.pdf | 11 Mar 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: AR - Rera Bank Account - Final.pdf | 11 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Final Arch Letter - Rera.pdf | 6 Mar 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Final RCC letter.pdf | 6 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: final Form 2A-19-20.pdf | 6 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: final Form 2A-20-21.pdf | 6 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: final Form 2A-21-22.pdf | 6 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: final Form 2A-22-23.pdf | 6 Mar 2024 |
| Certificates of CA (Form 3)File: Final Form3 Signed.pdf | 6 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 - 19-20.pdf | 6 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 - 4yrs-20-21.pdf | 6 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 2A - fy-21-22 Avasar Reisdency.pdf | 6 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 - 4yrs-22-23.pdf | 6 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 - 4yrs-21-22.pdf | 6 Mar 2024 |
| Certificates of CA (Form 3)File: CA FORM 3.pdf | 28 Jun 2019 |
| Building plan approvalFile: Blue print bldg 06.pdf | 27 Jun 2019 |
| Building Plan Approval (IOD)File: Blue print bldg 06.pdf | 27 Jun 2019 |
| Copy of the legal title reportFile: TITLE CERTIFICATE 02.pdf | 20 Jun 2019 |
| Proforma of Allotment letterFile: ALLOTMENT LETTER.pdf | 14 Jun 2019 |
| Proforma of Allotment letterFile: RERA AGREEMENT FOR SALE.pdf | 14 Jun 2019 |
| Layout approvalFile: LAYOUT.pdf | 13 Jun 2019 |
| PAN CardFile: Amico pan.pdf | 13 Jun 2019 |
| Details of encumbrancesFile: New Dodd.pdf | 13 Jun 2019 |
| Copy of Layout Approval (in case of layout)File: LAYOUT.pdf | 13 Jun 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: CCC_reduce.pdf | 13 Jun 2019 |
| Declaration in FORM BFile: New Doc.pdf | 13 Jun 2019 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: architect_reduce.pdf | 13 Jun 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: New Doc rcc.pdf | 13 Jun 2019 |
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See every Palghar project, with the district possession charts
Builder: AMICO BUILDER
AMICO BUILDER has 1 registration on MahaRERA, including AVASAR RESIDENCY. 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 AVASAR RESIDENCY is delayed beyond 31 Dec 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 AVASAR RESIDENCY?
The registered promoter entity is AMICO BUILDER, 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 AVASAR RESIDENCY?
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 AVASAR RESIDENCY?
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 AVASAR RESIDENCY?
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 AVASAR RESIDENCY?
The professionals named in the filing: Architect: AJAY WADE & ASSOCIATES; Engineer: DARSH CONSULT; Chartered Accountant: RS MEHTA & ASSOCIATES; Chartered Accountant: Y R & 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 AVASAR RESIDENCY?
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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