Home / Browse projects / Mumbai Suburban, Maharashtra / Grace Palacio
Grace Palacio
By Grace Infracon & Property Developers (I) Private Limited
RG-MH-05233 · RERA P51800050668 · Last updated on MahaRERA portal: 14 Mar 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 1 case
- 1 complaint at MahaRERA
Clear
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
2 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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Grace Palacio is a Residential / Group Housing project by Grace Infracon & Property Developers (I) Private Limited in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800050668 on 21 Apr 2023. Possession is promised by 31 Dec 2026. 3 of the 38 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete. 1 complaint is on record with the regulator.
At a glance
Project
- NameGrace Palacio
- TypeResidential / Group Housing
- Location
- Khar Road
- Khar
- Greater Mumbai (M Corp.) (Part) (802794)
- Mumbai
- Mumbai Suburban
- 400052
- Pincode400052
- RERA no.P51800050668
- ReraGenie IDRG-MH-05233
Builder
- NameGrace Infracon & Property Developers (I) Private Limited
- Entity typeCompany
- DirectorsHafiza Parvez Lakdawala, Neha Parvez Lakdawala, Nadeem Parvez Lakdawala
- Managing DirectorParvez Suleman Lakdawala
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on21 Apr 2023
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed116 files
Current status
Figures as on 14 Mar 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Grace palacio | NA | 22 | 18 | 37 | 1 | 38 |
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 14 Mar 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.
3 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 90%.
Grace palacio: 61% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 90% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 90% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 65% |
| Sanitary Fittings within the flats / premises | 20% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 20% |
| 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. | 10% |
Progress on shared amenities15
As on 14 Mar 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 | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed38
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 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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Grace palacio | NA | Rs 75.90 cr | Rs 36.43 cr |
| - | NA | Rs 2.00 cr | - |
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 | ASPIRE ARCHITECTS & CONSULTANTS |
| Architect | Shakil Ghanchi |
| Engineer | SHAKIL GHANCHI & ASSOCIATES |
| Chartered Accountant | RISHI SEKHRI AND ASSOCIATES |
| Chartered Accountant | VIVEK KOURCHAND JINDAL |
| Partner | Role in project |
|---|---|
| Grace Infracon & Property Developers (I) Private Limited | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 34663/2025 | Slum Rehabilitation Authority | Closed |
Complaints filed with MahaRERA1
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| CC12501538 | rutuja nilesh oak | Grace Infracon & Property Developers (I) Private Limited | 09/05/2025 |
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 15 Mar 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 21 Mar 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 7 Jul 2023 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 9 Sep 2023Confirm 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 9 Jan 2024
Documents filed116
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 116 are shown. 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 |
|---|---|
| Form 1File: Architect Certificate GIPDPL.pdf | 14 Mar 2026 |
| Form 2File: Engineer Certificate GIPDPL.pdf | 14 Mar 2026 |
| Form 3File: CA Certificate April to June 2024.pdf | 14 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Discloure Apr 2024 to June 2024.pdf | 14 Mar 2026 |
| Form 1File: Architect form No 1.pdf | 14 Mar 2026 |
| Form 2File: Engineer Certificate Grace Palacio March 24 Grace Infracon.pdf | 14 Mar 2026 |
| Form 3File: FORM NO 3 Grace Infracon JAN 24 TO MAR 24 GRACE PALACIO.pdf | 14 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Dicloure.pdf | 14 Mar 2026 |
| Form 1File: ARCHITECT CERTIFICATE FORM No OCT to DEC 24.pdf | 13 Mar 2026 |
| Form 2File: Engineers Certificate Oct 24 to Dec 24 Grace Infacon.pdf | 13 Mar 2026 |
| Form 3File: ca certifiacte.pdf | 13 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Booked Inventory- Grace Infracon - Oct to Dec 24.pdf | 13 Mar 2026 |
| Self-declaration of Quarterly ProgressFile: Grace Infracon Form No 2A March 24.pdf | 13 Mar 2026 |
| Form 1File: Architect Certificate July to Sept 24.pdf | 13 Mar 2026 |
| Form 2File: Engineer Certificate July to Sept 24.pdf | 13 Mar 2026 |
| Form 3File: Garce Infracon Anneured D Form 3.pdf | 13 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Booked Inventory.pdf | 13 Mar 2026 |
| Withdrawal Update Form 1File: FORM 1 Q3 25-26.pdf | 9 Mar 2026 |
| Withdrawal Update Form 2File: FORM 2 Q3 25-26.pdf | 9 Mar 2026 |
| Withdrawal Update Form 3File: FORM 3 Q3 25-26.pdf | 9 Mar 2026 |
| Form 2A (FY 2023-2024)File: Form 2A - March 24.pdf | 28 Nov 2025 |
| Form 2A (FY 2024-2025)File: Form 2A - march 25.pdf | 28 Nov 2025 |
| Withdrawal Update Form 1File: AR - Sep 25.pdf | 20 Nov 2025 |
| Withdrawal Update Form 2File: ER - sept 25.pdf | 20 Nov 2025 |
| Withdrawal Update Form 3File: CA -Sept 25 final.pdf | 20 Nov 2025 |
| Form 1File: AR - June 23.pdf | 31 Oct 2025 |
| Form 2File: ER - June 23.pdf | 31 Oct 2025 |
| Form 3File: CA - June 23.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Dis - June 23.pdf | 31 Oct 2025 |
| Form 1File: AR - Sept 23.pdf | 31 Oct 2025 |
| Form 2File: ER - Sept 23.pdf | 31 Oct 2025 |
| Form 3File: CA - Sept 23.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Dis - Sept 23.pdf | 31 Oct 2025 |
| Form 1File: AR - Dec 23.pdf | 31 Oct 2025 |
| Form 2File: ER - Dec 23.pdf | 31 Oct 2025 |
| Form 3File: CA - Dec 23.pdf | 31 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Dis - Dec 23.pdf | 31 Oct 2025 |
| Withdrawal Update Form 1File: GRACE INFRACON ARCHITE FORM 01.pdf | 17 Sep 2025 |
| Withdrawal Update Form 2File: Engineer Certificate Grace Palacio Jan-March 24 Grace Infracon (1).pdf | 17 Sep 2025 |
| Withdrawal Update Form 3File: GRACE INFRACON FORM 03.pdf | 17 Sep 2025 |
| Form 1File: Form 1 Q4 24-25.pdf | 20 Jun 2025 |
| Form 2File: Form 2 Q4 24-25.pdf | 20 Jun 2025 |
| Form 3File: Form 3 Q4 2425.pdf | 20 Jun 2025 |
| Disclosure of Sold and Booked InventoryFile: Inventory Q4 24-25.pdf | 20 Jun 2025 |
| Self-declaration of Quarterly ProgressFile: Self Declaration For QPR (Q4) 24-25.pdf | 20 Jun 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Certificate-March-25.pdf | 3 May 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate-March-25.pdf | 3 May 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate-March-25.pdf | 3 May 2025 |
| Disclosure of sold/ booked inventoryFile: Sold-Booked Inventory-March-25.pdf | 3 May 2025 |
| Other - TechnicalFile: Form-2A-March-25.pdf | 3 May 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Booked Inventory- Grace Infracon - Oct to Dec 24.pdf | 20 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: AR certificate.pdf | 15 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA certificate_compressed (1).pdf | 15 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ER certificate.pdf | 15 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: Grace palacio june 24.pdf | 12 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Grace palacio - Disclosure sep.pdf | 12 Dec 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Grace Palacio Jan-March 24 Grace Infracon (1).pdf | 6 May 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Grace Palacio Architech Certificate Jan to March 24.pdf | 18 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 300923 Grace Palacio.pdf | 18 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 311223 Grace Palacio.pdf | 18 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Booked Inventory 310324 Grace Palacio.pdf | 18 Apr 2024 |
| Other - TechnicalFile: Grace Palacio Quality Assurance Cert FY23-24.pdf | 18 Apr 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech Certificate Apr - Jun 23 GIPDPL.pdf | 27 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech Certificate Jul - Sep 23 GIPDPL.pdf | 27 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architech Certificate Oct - Dec 23 GIPDPL.pdf | 27 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Apr to June 2023.pdf | 25 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate July to Sept 2023.pdf | 25 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate Oct to Dec 2023.pdf | 25 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Revised Engineer Certificate Oct to Dec 2023.pdf | 29 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate 01 04 23 to 30 06 23.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate 01 07 23 to 30 09 23.pdf | 20 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate 01 10 23 to 31 12 23.pdf | 20 Jan 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Part OC.pdf | 9 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE 05092023.pdf | 9 Sep 2023 |
| Building plan approvalFile: Plan-1.pdf | 7 Jul 2023 |
| Building plan approvalFile: Plan-2.pdf | 7 Jul 2023 |
| Building plan approvalFile: Plan-3.pdf | 7 Jul 2023 |
| Building plan approvalFile: Plan-4.pdf | 7 Jul 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan-1.pdf | 7 Jul 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan-2.pdf | 7 Jul 2023 |
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Buyer report
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- 2 conditions on this project's record read and explained, with the clear checks alongside
- All 116 filed documents as one ZIP, foldered, with a manifest
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Builder: Grace Infracon & Property Developers (I) Private Limited
Grace Infracon & Property Developers (I) Private Limited has 1 registration on MahaRERA, including Grace Palacio. 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 Grace Palacio 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 Grace Palacio?
The registered promoter entity is Grace Infracon & Property Developers (I) Private Limited, a company 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 Grace Palacio?
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 Grace Palacio?
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 Grace Palacio?
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 Grace Palacio?
The professionals named in the filing: Architect: ASPIRE ARCHITECTS & CONSULTANTS; Architect: Shakil Ghanchi; Engineer: SHAKIL GHANCHI & ASSOCIATES; Chartered Accountant: RISHI SEKHRI AND ASSOCIATES; Chartered Accountant: VIVEK KOURCHAND JINDAL. 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 Grace Palacio?
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; 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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