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BUSINESS BAY
RG-MH-62858 · RERA P53000018067 · Last updated on MahaRERA portal: 18 Feb 2023
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
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations and every project registered within 2 km.
See what the report covers Free either way: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
BUSINESS BAY is a Others project by SHIVDATTA ASSOCIATES in NEAR ADITYA CORNER, 416013, registered with MahaRERA as P53000018067 on 10 Oct 2018. The registration is recorded completed; possession was promised by 30 Jun 2022.
At a glance
Project
- NameBUSINESS BAY
- TypeOthers
- Location
- TARABAI PARK
- NEAR ADITYA CORNER
- 416013
- Pincode416013
- MapView location on Google Maps (as filed on RERA)
- RERA no.P53000018067
- ReraGenie IDRG-MH-62858
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on10 Oct 2018
- Promised completion30 Jun 2022
- Revised completionNone
- Buildings1 building record
- Documents filed80 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUSINESS BAY | NA | 9 | 0 | 0 | 0 | 0 |
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 18 Feb 2023, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
BUSINESS BAY: 82% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 18 Feb 2023, 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 | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 90% |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Amar Bhavnendra Upadhye |
| Engineer | Sadanand Bhaskar Sabnis |
| Partner | Role in project |
|---|---|
| SHIVDATTA ASSOCIATES | - |
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 26 Sep 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Sep 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 16 Aug 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Aug 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 18 Feb 2023
Documents filed80
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: FORM 4 ARCHITECTS 31-3-22.pdf | 18 Feb 2023 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: Decleration deed.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: F01 -SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: F02 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: F04-SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: F06- SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: FI01-SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: FI03 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: FI04-SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: OFFICE C SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: S04 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: S07 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: S08- SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: SI01- SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: SI02-SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: T02 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: T-03 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Status of ConveyanceFile: T-05 SALEDEED INDEX.pdf | 18 Feb 2023 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: KMC COMPLICATION CERTIFICATE 16-3-22.pdf | 29 Sep 2022 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 ARCHITECTS 31-3-22.pdf | 29 Sep 2022 |
| Status of ConveyanceFile: declearion deed Business Bay PAGE 1-15.pdf | 29 Sep 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: CA ANNUAL 21-22.pdf | 28 Apr 2022 |
| Declaration about Commencement CertificateFile: Declaration abount commencement cer 5721.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A 31-12-19.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: FORM 2A 31-3-20.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A 30-6-20.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A 30-9-20.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A 31-12-20.pdf | 9 Sep 2021 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: FORM 2A 31-3-21.pdf | 9 Sep 2021 |
| Certificates of CA (Form 3)File: CA Form 3 (31-7-2021).pdf | 9 Sep 2021 |
| Declaration about Commencement CertificateFile: DECLRATION BY AUTHORITY 5-7-2021.pdf | 2 Sep 2021 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD DECOLSURE 25-8-21.pdf | 2 Sep 2021 |
| OtherFile: estimate change declaration by authoriety.pdf | 24 Aug 2021 |
| OtherFile: Engineer -new estimate upto 6th floor.pdf | 24 Aug 2021 |
| OtherFile: ARCH AREA CER AS PER 5-7-21.pdf | 24 Aug 2021 |
| Building plan approvalFile: 1.pdf | 16 Aug 2021 |
| Building plan approvalFile: 2.PDF | 16 Aug 2021 |
| Building plan approvalFile: 3.PDF | 16 Aug 2021 |
| Building Plan Approval (IOD)File: 1.pdf | 16 Aug 2021 |
| Building Plan Approval (IOD)File: 2.PDF | 16 Aug 2021 |
| Building Plan Approval (IOD)File: 3.PDF | 16 Aug 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: comecment certificate 5721.pdf | 16 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCH CERTIFICATE FORM 1 -5721.pdf | 16 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCH CERTIFICATE FORM 1 -5721.pdf | 16 Aug 2021 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCH AREA CER AS PER 5-7-21.pdf | 16 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: FORM2 - Engineer certificate 3821.pdf | 16 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENG FORM2 CER 31-1-21.pdf | 1 Apr 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 CA ANNUAL REPORT 31-3-20.pdf | 1 Apr 2021 |
| OtherFile: ESTIMATE as per revise sanction .pdf | 1 Apr 2021 |
| Building plan approvalFile: KMC sanction plan21121.pdf | 2 Feb 2021 |
| Building Plan Approval (IOD)File: KMC sanction plan21121.pdf | 2 Feb 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: KMCcomencment 21121.pdf | 2 Feb 2021 |
| OtherFile: KMCcomencment 21121.pdf | 2 Feb 2021 |
| OtherFile: revised area from arch 2221.pdf | 2 Feb 2021 |
| Certificates of CA (Form 3)File: CA FORM3 -31-3-19.pdf | 21 Dec 2019 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Annual report FORM 5 18-19.pdf | 21 Dec 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENG CERT 31319.pdf | 19 Jul 2019 |
| Building plan approvalFile: KMC plan-1 (4619).PDF | 7 Jun 2019 |
| Building plan approvalFile: KMC plan-2 (4619).PDF | 7 Jun 2019 |
| Building Plan Approval (IOD)File: KMC plan-1 (4619).PDF | 7 Jun 2019 |
| Building Plan Approval (IOD)File: KMC plan-2 (4619).PDF | 7 Jun 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: comencemnt certificate 4619.PDF | 7 Jun 2019 |
| Building plan approvalFile: KMC PLAN1.pdf | 26 Sep 2018 |
| Building plan approvalFile: KMC PLAN2.pdf | 26 Sep 2018 |
| Layout approvalFile: layout.pdf | 26 Sep 2018 |
| PAN CardFile: shivdatta associates PAN.pdf | 26 Sep 2018 |
| Copy of the legal title reportFile: search report.pdf | 26 Sep 2018 |
| Details of encumbrancesFile: SELF DELARATION SA.pdf | 26 Sep 2018 |
| Copy of Layout Approval (in case of layout)File: layout.pdf | 26 Sep 2018 |
| Building Plan Approval (IOD)File: KMC PLAN1.pdf | 26 Sep 2018 |
| Building Plan Approval (IOD)File: KMC PLAN2.pdf | 26 Sep 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: commencment certificate.pdf | 26 Sep 2018 |
| Declaration in FORM BFile: AFFIDAVIT CUM DECLARATION.pdf | 26 Sep 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCH CERTIFICATE.pdf | 26 Sep 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CETRITIFICATE.pdf | 26 Sep 2018 |
| Certificates of CA (Form 3)File: CA CERTIFICATE 30-6-18.pdf | 26 Sep 2018 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE final.pdf | 26 Sep 2018 |
| Proforma of Allotment letterFile: Allotment - BUSINESS BAY f.pdf | 26 Sep 2018 |
| OtherFile: Property card.pdf | 26 Sep 2018 |
| OtherFile: land pur index f.pdf | 26 Sep 2018 |
Promoter's earlier projects1
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 | Status | Promised | Delivered |
|---|---|---|---|---|---|
| SHIVDATTA LAKEWOODS | RS NO 1082 1 PLOT NO 1 TO 6 MOHITE PARK KOLHAPUR | 31 | Completed | Nov 2014 | Late, Oct 2015 |
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Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
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- All 80 filed documents as one ZIP, foldered, with a manifest
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Builder: SHIVDATTA ASSOCIATES
Shivdatta Associates has 4 registrations on MahaRERA, including Shivdatta Aishvaryam and The Empire State. Its filings disclose 4 earlier MahaRERA projects: declares 3 of 4 past projects completed on time. Read the full track record.
Frequently asked questions
What are my rights if BUSINESS BAY is delayed beyond 30 Jun 2022?
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?
The registered promoter entity is SHIVDATTA ASSOCIATES, a partnership 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?
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?
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?
The professionals named in the filing: Architect: Amar Bhavnendra Upadhye; Engineer: Sadanand Bhaskar Sabnis. 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?
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.
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