About Affordable Acres Private Limited
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Affordable Acres Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85194MH2004PTC144685. Its GSTIN is 27AACCR8144H2Z7 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Reliable Liquor Trading Private Limited and Reliable Nurses Private Limited. It is led by directors Deepak Laxmichand Badlani (Managing Director) and Reshma Badlani Laxmichand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per MCA filings, the company has open charges of ₹28.25 Cr and satisfied charges of ₹26.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lrbgroup.in.
Company details
Name history
Affordable Acres has undergone 2 name changes throughout its history. The company was previously known as Reliable Liquor Trading Private Limited, and Reliable Nurses Private Limited. The current legal name is Affordable Acres Private Limited.
| Company Name | Status |
|---|---|
| Affordable Acres Private Limited | Current |
| Reliable Liquor Trading Private Limited | Previous |
| Reliable Nurses Private Limited | Previous |
Contact details
Affordable Acres Private Limited's registered office is in Mumbai, Maharashtra. Its website is lrbgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Affordable Acres Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Affordable Acres Private Limited
FY 2024 filings availableAffordable Acres Private Limited reported revenue of ₹4,327 (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 42% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Affordable Acres Private Limited, buy the company report.
Board of directors of Affordable Acres Private Limited
Affordable Acres has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Laxmichand Badlani Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Managing Director | 24 Feb 2004 | 22 Years 8 Months | Current |
| Reshma Badlani Laxmichand Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Director | 28 Apr 2010 | 16 Years 5 Months | Current |
Peer comparison
Affordable Acres Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viarn Infrastructure Private Limited | ₹4,485 (FY 2025) | 44750.0% | New Delhi, Delhi, India | |||
| First Asian Overseas (India) Limited | ₹4,410 (FY 2023) | 84.0% | Mumbai, Maharashtra, India | |||
| Affordable Acres Private Limitedthis company | ₹4,327 (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Saswat Basera Private Limited | ₹4,300 (FY 2024) | -96.0% | New Delhi, Delhi, India | |||
| Bela Reality Private Limited | ₹4,230 (FY 2021) | Mumbai, Maharashtra, India | ||||
| Suhani Real Estate Private Limited | ₹4,084 (FY 2021) | -100.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Affordable Acres Private Limited, buy the company report.
Auditor
Affordable Acres Private Limited is audited by Jignesh J. Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jignesh J. Shah | FY 2023 | 150124 |
Shareholding
The shareholding of Affordable Acres Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Affordable Acres Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101092774 | Others | ₹25 Cr | Open | |
| 31 Mar 2023 | 100697836 | Others | ₹3.25 Cr | Open | |
| 02 May 2020 | 100356077 | Others | ₹19.8 Cr | Satisfied | |
| 04 Aug 2012 | 10373584 | Hdfc Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Affordable Acres Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Affordable Acres Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Affordable Acres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Affordable Acres has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR8144H2Z7 | Maharashtra | Active | 10 Mar 2023 |
To see the full GST registrations and return filing status of Affordable Acres Private Limited, buy the company report.
Recent activity
Affordable Acres Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010.
4 earlier events are in the company report.
Frequently asked questions
Affordable Acres is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 February 2004 (22+ years old) and is registered under CIN U85194MH2004PTC144685.
Affordable Acres has 2 current directors:
- Deepak Laxmichand Badlani - Managing Director
- Reshma Badlani Laxmichand - Director
The latest financial statements of Affordable Acres on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Affordable Acres is 27AACCR8144H2Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Affordable Acres is U85194MH2004PTC144685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affordable Acres was incorporated on 24 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Affordable Acres by revenue are Viarn Infrastructure Private Limited, First Asian Overseas (India) Limited, Saswat Basera Private Limited, Bela Reality Private Limited, Suhani Real Estate Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010. Reshma Badlani Laxmichand ceased to be Additional Director on 30 Sep 2010. Reshma Badlani Laxmichand was appointed as Director on 28 Apr 2010. Affordable Acres has 5 board changes on record in total.
Affordable Acres can be reached through the website lrbgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Affordable Acres is at 402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri E, Mumbai, Maharashtra, India – 400093.
Affordable Acres operates in the financial services industry, in the real estate financing segment.