MahaRERA Property Intelligence · Mumbai Suburban

AKSA TOWER

P51800055503 · JOGESHWARI · promoter Hfi Industries

Certificate SignedDue 30 Sep 2026

Delivery & Registration

MahaRERA registrationP51800055503
Registered on02 Apr 2024
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today2 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Hfi Industries is the promoter of record on 34 projects, of which 8 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~92.5% of the estimated project cost incurred as of the last certificate (₹24.17 Cr spent against a ₹26.14 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 65 homes filed with MahaRERA, 15 are sold/booked (8 with registered agreements + 7 booked) and 50 remain available (~23% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹17.26 Cr in agreement value so far. Of that, ₹13.49 Cr (~78%) is already collected, ₹3.76 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 15 registered agreements, the effective carpet rate is ₹18,329/sqft (typical range ₹17,449–₹19,894) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+17 and 65 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
BUILDING 3F1G+1765-

Unit mix on the filing: 65 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000048002817/04/2024dilawar sikandar khan vs HFI INDUSTRIES TAREEQ JHATUorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Hon'Ble Bombay High Court165/20232023Ongoing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
31 Mar 202530 Nov 2025We 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
31 Mar 202530 Sep 2026We 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

Location, Land & Connectivity

Located at JOGESHWARI, FAIRDEAL ROAD, Andheri, Mumbai Suburban, 400102. Per the filed land record, the plot is bounded to the north by BY RAJNAGAR AND DP ROAD, to the south by BY DP ROAD AND PROPERTY AS KHAN TOWER, to the east by BY PROPERTY KNOWN AS SAGAR TOWER and to the west by BY PROPERTY KNOWN AS GOLDEN SOIL AND SILVER SOIL. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Other RERA-registered projects in Jogeshwari West

GSA Grandeur
Past its declared completion date · possession by Oct 2026 · G S A Constructions
Lashkaria Pearl
possession by Nov 2026 · Lashkaria Housing & Infrastructure P
A H Avenue
possession by Dec 2026 · A.h. Constructions
KEY Tech Park
possession by Dec 2026 · M/s Keytech
Universal Garden- B Wing
possession by Dec 2026 · Pagarani Universal Infrastructure Pvt Lt
Agaa Residency
possession by Dec 2026 · Agaa Enterprises

Major developers building in Jogeshwari West

Other RERA-registered projects in Mumbai Suburban

Akshar Amar Mansion
possession by Mar 2027 · Akshar Properties
Akshar Residency
declared completion Mar 2021 · Kunal Builders AND Developers Proprietor
Akshay Paradise
declared completion Dec 2025 · Dinesh S Chandnani
Akshaya AND Jayshree Redevelopment
possession by Dec 2026 · NHI Developers LLP
AL-Burhan CHS-Phase-I
declared completion Dec 2020 · RAJ Romell Realtors
AL-Burhan CHS-Phase-II
declared completion Dec 2020 · RAJ Romell Realtors

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026