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Registered No litigation declared Residential / Group Housing project

Business Bay For Dapoli

By Greencity Realty

RG-MH-32643 · RERA P52800080377 · Last updated on MahaRERA portal: 12 Jun 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.

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Mar 2028Possession promisedno revision filed
2 of 11Construction stages donefurthest along: Basement (if any), 0%
54 of 54Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 39 documents Report an error

Business Bay For Dapoli is a Residential / Group Housing project by Greencity Realty in Ratnagiri, Maharashtra, registered with MahaRERA as P52800080377 on 29 May 2025. Possession is promised by 31 Mar 2028. 0 of the 54 units on this registration are recorded sold or booked, and 2 of 11 construction stages are filed complete.

At a glance

Project

  • NameBusiness Bay For Dapoli
  • TypeResidential / Group Housing
  • Location
    • Survey No. 58/K
    • at village - Harnai
    • Dapoli
    • Harnai
    • Ratnagiri
    • 415713
  • Pincode415713
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52800080377
  • ReraGenie IDRG-MH-32643

Builder

  • NameGreencity Realty
  • Entity typeOthers

Key dates

this monthRegisteredMay 2025PromisedMar 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on29 May 2025
  • Promised completion31 Mar 2028
  • Revised completionNone
  • Buildings1 building record
  • Documents filed39 files

Current status

0%0 of 54 units booked
16.1%Work done, per cost certificate

Figures as on 12 Jun 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Business Bay For DapoliNA7654054

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 12 Jun 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.

2 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 0%.

Business Bay For Dapoli: 18% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)0%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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 12 Jun 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes100%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes40%
Storm Water DrainsYes40%
Landscaping & Tree PlantingYes50%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes20%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes80%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed79

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.

Total parking slots79
Closed/Covered11
Open Space68

Land and ownership1

MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area950 sq m
Land owned byThe promoter, with other names on the file
Named landowners1
LandownerVillageDistrict
Rahul Subhash HabbuThane (M Corp.)Thane

Approvals and building plan

Sanctioning authoritySenior District Office Dapoli
Permissible FSI3580.38
Proposed, not sanctioned2,080 sq m
Buildings approved1
Buildings sanctioned1

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.

Separate project accountDeclared
Bank branchHDFC BANK LTD ACKRUTI SMC NEAR MSRTC BUS DEPOT POKHRAN ROAD NO1 KHOPAT THANE MAHARASHTRA 400606
Estimated costRs 10.41 cr
Cost incurredRs 1.68 cr
Work done16.12%
BuildingWingEstimatedIncurred
Business Bay For DapoliNARs 9.89 crRs 1.68 cr
-NARs 52.03 lakh-

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectOne Concept Design Consultants LLP
ArchitectShriya Warerkar
EngineerMeem Infa Solutions
EngineerSK Consultants & Engineers
Chartered AccountantN B Sayed & Associates
PartnerRole in project
Greencity Realty-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 3 May 2025
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 3 May 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 3 May 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 4 May 2025Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 Mar 2028

Documents filed39

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.

DocumentUploaded
Withdrawal Update Form 1File: Form 1 - Business Bay For Dapoli as on March 2026.pdf12 Jun 2026
Withdrawal Update Form 2File: Form 2 - Business Bay For Dapoli as on March 2026.pdf12 Jun 2026
Withdrawal Update Form 3File: Form 3 - Business Bay For Dapoli as on March 2026.pdf12 Jun 2026
Withdrawal Update Form 1File: Form 1 - Business Bay by Dapoli as on Dec 2025.pdf13 May 2026
Withdrawal Update Form 2File: Form 2 - Business Bay by Dapoli as on Dec 2025.pdf13 May 2026
Withdrawal Update Form 3File: Form 3 - Business Bay by Dapoli - 31-12-2025.pdf13 May 2026
Withdrawal Update Form 1File: Form 1 - Business Bay by Dapoli as on June 2025.pdf18 Jan 2026
Withdrawal Update Form 1File: Form 1 - Business Bay by Dapoli as on Sep 2025.pdf18 Jan 2026
Withdrawal Update Form 2File: Form 2 - Business Bay by Dapoli as on June 2025.pdf18 Jan 2026
Withdrawal Update Form 2File: Form 2 - Business Bay by Dapoli as on Sep 2025.pdf18 Jan 2026
Withdrawal Update Form 3File: Form 3 - Business Bay by Dapoli as on June 2025.pdf18 Jan 2026
Withdrawal Update Form 3File: Form 3 - Business Bay by Dapoli as on Sep 2025.pdf18 Jan 2026
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final First Form 3 - Business Bay by Dapoli.pdf4 May 2025
Commencement Certificates / NA Order for plotted developmentFile: CC Verification Mail - Business Bay For Dapoli.pdf4 May 2025
Other - TechnicalFile: CC Verification Mail - Business Bay For Dapoli.pdf4 May 2025
Layout approvalFile: Approved Plan.pdf3 May 2025
Building plan approvalFile: Approved Plan.pdf3 May 2025
PAN CardFile: PAN Card - Asfak Chaudhari.pdf3 May 2025
Copy of the legal title reportFile: Latest Title Report_03-05-2025.pdf3 May 2025
Details of encumbrances concerned to FinanceFile: Encumbrance Letter - Finance.pdf3 May 2025
Details of encumbrances concerned to FinanceFile: Encumbrance Letter - Legal.pdf3 May 2025
Copy of Layout Approval (in case of layout)File: Approved Plan.pdf3 May 2025
Proforma of Allotment letterFile: Allotment letter_Business bay for Dapoli_Greencity Realty_02052025.pdf3 May 2025
Declaration in FORM BFile: Form B - Promoter.pdf3 May 2025
Commencement Certificates / NA Order for plotted developmentFile: CC.pdf3 May 2025
Building Plan Approval / NA Order for plotted developmentFile: Approved Plan.pdf3 May 2025
Declaration about Commencement CertificateFile: Format D - Declaration of CC.pdf3 May 2025
CERSAI detailsFile: Declaration of Cersai.pdf3 May 2025
Declaration about all RERA Designated Bank Accounts (Format A)File: Format A - All RERA Designated Bank Accounts.pdf3 May 2025
Deviation Report with respect to Allotment letterFile: Deviation Report - Allotment.pdf3 May 2025
Details of encumbrances concerned to LegalFile: Encumbrance Letter - Finance.pdf3 May 2025
Details of encumbrances concerned to LegalFile: Encumbrance Letter - Legal.pdf3 May 2025
Other - FinanceFile: Declaration for exemption of bank account for landowner.pdf3 May 2025
Other - TechnicalFile: Annexure A - Order No 50.pdf3 May 2025
Deviation Report with respect to model copy of AgreementFile: Deviation Report - AFS.pdf3 May 2025
Proforma of Agreement for saleFile: AFS_Business bay for Dapoli_Greencity Realty_02052025.pdf3 May 2025
Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A - Greencity Realty.pdf3 May 2025
Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Format B - Declaration from the Bank.pdf3 May 2025
Disclosure for secured/unsecured finance availed for the projectFile: Declaration of secured and unsecured loan.pdf3 May 2025

How this compares with Ratnagiri

0%of this project is bookeddistrict median 23%
15%of Ratnagiri projects moved their completion datethis one has not
30%of Ratnagiri registrations have lapsed or been cancelledthis one is on the register

Computed across the 1,100+ Ratnagiri projects on ReraGenie, from their own filings.

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How alerts work

Other projects near Dapoli1,100+ in Ratnagiri

2 kmBusiness Bay For DapoliCompleted 20Lapsed / revoked 13Other 18Dot size: filed unitsN

Filed coordinates, straight-line distance. 51 registered projects within 2 km.

Builder: Greencity Realty

Greencity Realty has 1 registration on MahaRERA, including Business Bay For Dapoli. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Ratnagiri district page.

Frequently asked questions

What are my rights if Business Bay For Dapoli is delayed beyond 31 Mar 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 Business Bay For Dapoli?

The registered promoter entity is Greencity Realty, an others 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 Business Bay For Dapoli?

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 Business Bay For Dapoli?

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 Business Bay For Dapoli?

The professionals named in the filing: Architect: One Concept Design Consultants LLP; Architect: Shriya Warerkar; Engineer: Meem Infa Solutions; Engineer: SK Consultants & Engineers; Chartered Accountant: N B Sayed & Associates. 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 Business Bay For Dapoli?

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; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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