Home / Browse projects / Mumbai Suburban, Maharashtra / THE ACE
THE ACE
RG-MH-30302 · RERA P51800030288 · Last updated on MahaRERA portal: 20 May 2026
Source: official MahaRERA filing
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Red flags
- Litigation declared, 2 cases
- Completion date moved by 48 months
- 2 extensions taken
Clear
- No complaints on record
- No encumbrance on the project land
- 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 Mumbai Suburban 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.
THE ACE is a Commercial project by TANVI CONSTRUCTION PVT LTD in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800030288 on 15 Aug 2021. Possession is promised by 31 Dec 2028. The completion date has moved by 48 months from the original filing. 70 of the 222 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NameTHE ACE
- TypeCommercial
- Location
- I.B.PATEL ROAD
- PAHADI GOREGAON EAST
- Borivali
- Mumbai Suburban
- 400063
- Pincode400063
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51800030288
- ReraGenie IDRG-MH-30302
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on15 Aug 2021
- Promised completion31 Dec 2028
- Revised completionRevised to 31 Dec 2028 (originally 31 Dec 2024)
- Buildings1 building record
- Documents filed58 files
Current status
Figures as on 20 May 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| V-PROTEIN | NA | 20 | 15 | 0 | 222 | 222 |
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 May 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 85%.
V-PROTEIN: 60% 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 | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 0% |
| 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. | 10% |
| 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 20 May 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 | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 10% |
| 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 | Yes | 65% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 20% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | Yes | 0% |
Parking filed109
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
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.
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 |
|---|---|---|---|
| V-PROTEIN | NA | Rs 115.00 cr | Rs 83.33 cr |
| - | NA | Rs 10.00 cr | Rs 7.25 cr |
Certifying professionals and partners6
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Bhavin Modi |
| Engineer | Satish Sable |
| Engineer | Himanshu Madhukar Raje |
| Engineer | Mandar Dhotre |
| Chartered Accountant | Rakesh Vaghasia |
| Chartered Accountant | Shah and Ramaiya |
| Partner | Role in project |
|---|---|
| TANVI CONSTRUCTION PVT LTD | - |
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 promoterThe Ace was registered with MahaRERA on 15.08.2021. However no constrction work was allowed for over 20 months due to Covid-19. Meanwhile we did not sell any unit in the Project. Please also note that as per DCPR 2034 we were also entitled to addition FSI. We applied for plan change and amended plan was received on 04.01.2022
Reason as filed by the promoterThe delay arose due to time taken to obtain the revised sanctioned plan from the competent authority.
Litigation declared2
| Case | Court | Status |
|---|---|---|
| 1681/2011 | HOB BLE HIGHCOURT MUMBAI | Closed |
| 1681/2011 | Mumbai Session Court | Ongoing |
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 30 Jul 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Jul 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 17 Jul 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jul 2021Confirm 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 2028
Documents filed58
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 |
|---|---|
| Form 5 (FY 2025-2026)File: The Ace 25-26 Form 5.pdf | 20 May 2026 |
| Withdrawal Update Form 1File: ACE Q4 FORM 1.pdf | 17 May 2026 |
| Withdrawal Update Form 2File: form --2 THE ACE_20260511200025 (1).pdf | 17 May 2026 |
| Withdrawal Update Form 3File: The Ace FORM 3 2526Q4 signed.pdf | 17 May 2026 |
| Withdrawal Update Form 1File: THE ACE Rera Form Q3.pdf | 6 Feb 2026 |
| Withdrawal Update Form 2File: form 4_20260205152417.pdf | 6 Feb 2026 |
| Withdrawal Update Form 3File: The Ace FORM 3 2526Q3.pdf | 6 Feb 2026 |
| Withdrawal Update Form 1File: Q3 Ace Form1.pdf | 15 Dec 2025 |
| Withdrawal Update Form 1File: Q3 Ace Form1.pdf | 15 Dec 2025 |
| Withdrawal Update Form 2File: THE ACE JULY TO SEPTEMBER 2025_20251114115338_.pdf | 15 Dec 2025 |
| Withdrawal Update Form 2File: THE ACE APRIL TO JUNE 2025.pdf | 15 Dec 2025 |
| Withdrawal Update Form 3File: The ACE 2526Q2.pdf | 15 Dec 2025 |
| Withdrawal Update Form 3File: The ACE 2526Q1.pdf | 15 Dec 2025 |
| Form 5 (FY 2021-2022)File: V protein FORM 5 2021-22.pdf | 30 Sep 2025 |
| Form 5 (FY 2024-2025)File: Form 5_Ace.pdf | 30 Sep 2025 |
| Form 5 (FY 2023-2024)File: 2324_FORM 5 The ACE.pdf | 29 Sep 2025 |
| Form 5 (FY 2022-2023)File: FORM 5.pdf | 29 Sep 2025 |
| Declaration in FORM BFile: P51800030288_FileName_1.pdf | 10 Mar 2025 |
| Declaration in FORM BFile: P51800030288_FileName_2.pdf | 10 Mar 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 7) form 1 30092023 _250123023100_0001.pdf | 11 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 8) form 1 30062023_250123023435_0001.pdf | 11 Feb 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 3) form 1 30092024_250123022322_0001.pdf | 11 Feb 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM-2A V-protin_230324220914_0001.pdf | 11 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5.pdf | 11 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: The Ace Form 3, March 2024-1-1_signed (1).pdf | 5 Feb 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: The Ace Form 3, December 2024-1_signed (1).pdf | 5 Feb 2025 |
| Disclosure of sold/ booked inventoryFile: IDS ACE RERA - converted.pdf | 5 Feb 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: 2324_FORM 5 The ACE (1).pdf | 5 Feb 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ACE Form 2 - Apr 23 to Mar 24.pdf | 25 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ACE Form Jan24_Mar24.pdf | 25 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ACE Form 2 - Apr 24 to Dec 24.pdf | 25 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ACE Form 2 - Jan 23 to Mar 23.pdf | 25 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ACE Apr23_Jun23.pdf | 25 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ACE Form Jly23_Sep23.pdf | 25 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: ACE Form Oct23_Dec23.pdf | 25 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: v protin july 2022-sep22_230724000115_0001.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: v protin oct2022-dec 22_230724000323_0001.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: V protein FORM 3 March 2022.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: V-Protein FORM 3 2223Q1_17 Aug 2023.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: V-Protein FORM 3 2223Q2_17 Aug 2023.pdf | 20 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: V-Protein FORM 3 2223Q3_22 Aug 2023.pdf | 20 Jan 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: V protein FORM 5 2021-22 (1).pdf | 9 Feb 2023 |
| OtherFile: Development Agreement (2).pdf | 10 Aug 2021 |
| Proforma of Allotment letterFile: Development Agreement (2).pdf | 6 Aug 2021 |
| Proforma of Allotment letterFile: Proforma of the allotment letter and agreement for sale.pdf | 5 Aug 2021 |
| Copy of the legal title reportFile: FORMAT A.pdf | 30 Jul 2021 |
| Declaration about Commencement CertificateFile: FORMAT D.pdf | 30 Jul 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 21 Jul 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: RERA ENGR CERTI GOREGAON.pdf | 21 Jul 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 V-Protein.pdf | 21 Jul 2021 |
| PAN CardFile: TCPL PAN.pdf | 19 Jul 2021 |
| Layout approvalFile: V-PROTEIN IOD PLAN.pdf | 17 Jul 2021 |
| Building plan approvalFile: V-PROTEIN IOD LETTER_compressed.pdf | 17 Jul 2021 |
| Details of encumbrancesFile: NON ENCUMBRANCE CERTIFICATE.pdf | 17 Jul 2021 |
| Copy of Layout Approval (in case of layout)File: V-PROTEIN IOD PLAN.pdf | 17 Jul 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: V-PROTEIN IOD LETTER_compressed.pdf | 17 Jul 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: GOREGAON CC.pdf | 17 Jul 2021 |
| Declaration in FORM BFile: FORM B SIGNED AND NOTARISED.pdf | 17 Jul 2021 |
Promoter's earlier projects4
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|---|
| THE POLARISP51800014217 | DAHISAR EAST, Mumbai Suburban | 400 | Nov 2017 | Ongoing | Dec 2025 | Not delivered |
| THE PLATINAP51800014131 | DAHISAR EAST, Mumbai Suburban | 193 | Nov 2017 | Ongoing | Dec 2024 | Not delivered |
| DIAMODA GOLD | TANVI COMPLEX NEXT TO S V ROAD PETROL PUMP DAHISAR EAST MUMBAI 400 068 | 72 | - | Completed | Oct 2016 | Late, Dec 2016 |
| TANISHKA INDUSTRIAL PREMISES | TANVI COMPLEX NEXT TO S V ROAD PETROL PUMP DAHISAR EAST MUMBAI 400 068 | 80 | - | Completed | Mar 2016 | Late, Apr 2016 |
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How this compares with Mumbai Suburban
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 3 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 58 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- Plain words, conditions that have happened marked in red
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Builder: TANVI CONSTRUCTION PVT LTD
TANVI CONSTRUCTION PVT LTD has 3 registrations on MahaRERA, including THE PLATINA and THE POLARIS. Its filings disclose 4 earlier MahaRERA projects: declares 0 of 2 past projects completed on time. 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 THE ACE is delayed beyond 31 Dec 2028?
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 THE ACE?
The registered promoter entity is TANVI CONSTRUCTION PVT LTD, 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 THE ACE?
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 THE ACE?
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 THE ACE?
The professionals named in the filing: Architect: Bhavin Modi; Engineer: Satish Sable; Engineer: Himanshu Madhukar Raje; Engineer: Mandar Dhotre; Chartered Accountant: Rakesh Vaghasia; Chartered Accountant: Shah and Ramaiya. 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 THE ACE?
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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