Project RERA record · Mumbai, Thane & the MMR

Boulevard Tower 5

by Acme Realties Private Limited · MahaRERA P51800001690 · Certificate Signed · declared completion Jun 2027

Developer in insolvency (NCLT)

Developer in insolvency (NCLT). Mumbai Suburban · Jogeshwari (E)

Developer in NCLT insolvency proceedings

The promoter/developer of this project is in NCLT insolvency proceedings. This is one of the highest-risk flags for a buyer awaiting possession — verify the current legal status and any IRP (Insolvency Resolution Professional) order before any transaction.

Boulevard Tower 5 appears on MahaRERA's NCLT list — the promoter is in insolvency proceedings before the National Company Law Tribunal. For buyers awaiting possession, this is the highest-risk flag on the register: an IRP (Insolvency Resolution Professional) controls the company and any construction or handover depends on the outcome of the resolution plan. Verify the current NCLT order status before making any payment or transaction.

On the regulator's record

  • 37 quarterly reporting periods on MahaRERA's compliance schedule — no QPR default flagged
  • 10 litigation cases on MahaRERA's record for this project
  • 25 complaints filed with MahaRERA against this project
  • 123 of 152 units sold, per the builder's RERA filing

Source: MahaRERA public project record.

Builder track record

Acme Realties Private Limited is the promoter on 2 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Acme Realties Private Limited

Acme Realties Private Limited
Developer in insolvency (NCLT)Mumbai Suburban

Other RERA-registered projects in Jvlr

A AND O Palazzio
Developer in insolvency (NCLT) Ashapura Options Private Limited
Boulevard Tower 4
Developer in insolvency (NCLT) Acme Realties Private Limited
Iifl Centre
Developer in insolvency (NCLT) Spenta Sun City Private Limited
Kalpataru Verbina
Kalpataru Shubham Enterprises
Kalpataru Vivant - North Wing A
Alder Residency Private Limited

What to verify (NCLT insolvency)

  1. Check the IRP/Resolution Professional's name on the NCLT cause list and contact them for a project status update.
  2. Verify whether a Resolution Plan has been approved — the IRP's report is filed with NCLT and is public.
  3. Look for a homebuyers' association for this project — allottee groups have legal standing in insolvency proceedings.
  4. Consult a RERA or IBC advocate about your rights under Section 7 IBC or Section 18 RERA for possession or refund.

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The regulatory risk spine for Boulevard Tower 5, emailed as a clean scorecard — plus an alert if the RERA status changes:

  • 🔴  Promoter flagged for insolvency (NCLT) on the MahaRERA register

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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: 11 Jul 2026