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Completed No litigation declared Commercial project

Business Point

By Roongta Buildcon Ltd.

RG-MH-13580 · RERA P51600026139 · Last updated on MahaRERA portal: 4 Dec 2024

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
  • All 4 earlier projects delivered on promise

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.

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Jun 2024Possession promisedregistration recorded completed
10 of 11Construction stages donefurthest along: Podiums (if any), 0%
0Complaints at MahaRERAon this registration
Jump to the 47 documents Report an error

Business Point is a Commercial project by Roongta Buildcon Ltd. in Nashik, Maharashtra, registered with MahaRERA as P51600026139 on 21 Aug 2020. The registration is recorded completed; possession was promised by 30 Jun 2024.

At a glance

Project

  • NameBusiness Point
  • TypeCommercial
  • Location
    • Maharashtra
    • Kamatwade Nashik
    • Nashik (M Corp.)
    • Nashik
    • 422010
  • Pincode422010
  • RERA no.P51600026139
  • ReraGenie IDRG-MH-13580

Builder

  • NameRoongta Buildcon Ltd.
  • Entity typeCompany
  • CINU67120MH1994PLC255254
  • GSTIN27AAACS0773M1Z3
  • CIN and GSTIN are from this promoter's other MahaRERA registrations. This project's own filing does not repeat them.
  • Managing DirectorSeduram Satyanarayan Roongta
  • Other registrations3 more →
  • Completed4 of 4
  • Declared earlier projects5 →

Key dates

this monthRegisteredAug 2020PromisedJun 2024Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on21 Aug 2020
  • Promised completion30 Jun 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed47 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Business PointNA120000

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 4 Dec 2024, 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.

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

Business Point: 91% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
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 4 Dec 2024, 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)Yes100%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingNoNot applicable
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 harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes95%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingYes0%

Parking filed83

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 slots83
Closed/Covered82
Open Space1

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.

Land area2,098 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI7218.82
Proposed, not sanctioned6,231 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 branchA-1 2, PRATHMESH, THATTE NAGAR, GANGAPUR ROAD NASHIK-422005

Certifying professionals and partners3

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

RoleName
ArchitectSagar Kabre
EngineerBhushan Shintre
Chartered AccountantAshok S Zawar and Co
PartnerRole in project
Roongta Buildcon Ltd.-

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 19 Aug 2020
  2. Layout approvalOn the file

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

    uploaded 19 Aug 2020
  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 19 Aug 2020
  4. Commencement CertificateOn the file

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

    uploaded 10 Dec 2021Confirm the Commencement Certificate covers the specific floor you are buying.
  5. 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 6 May 2024

Documents filed47

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
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form 5_B Point_2023-24.pdf4 Dec 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 8_Form_2A_Business_Point_March_2024.pdf22 Oct 2024
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: B Point_Completion Occupancy Certificate.pdf6 May 2024
Architect’s Certificate on Completion of Project (Form 4)File: Form 4.pdf6 May 2024
Status of Formation of Legal Entity (Society/Co Op etc.)File: Point Declaration Index2.pdf3 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf15 Apr 2024
Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: RBL_B Point_Form-5.pdf8 Nov 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: Form-2A_B Point_22-23.pdf3 Nov 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form-2A_B Point_22-23.pdf3 Nov 2023
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf24 Mar 2023
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Bhushan Shintre Form 2.pdf24 Mar 2023
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Bhushan Shintre Form 2A.pdf24 Mar 2023
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form_3 (2).pdf24 Mar 2023
Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: 1 Annual Audit Report of Statutory CA (Form 5).pdf24 Mar 2023
Disclosure of sold/ booked inventoryFile: Sold unsold inventory.pdf14 Oct 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3.pdf14 Oct 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf11 Sep 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf11 Sep 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A.pdf11 Sep 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: form_3.pdf11 Sep 2022
Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: form_5.pdf11 Sep 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_BPoint_Q4_21-22_compressed.pdf31 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form-1 (1).pdf27 Aug 2022
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_B Point.pdf2 Jul 2022
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_B Point.pdf2 Jul 2022
Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Form 2A_B Point.pdf2 Jul 2022
CERSAI detailsFile: 1 CERSAI details.pdf2 Jul 2022
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form3_B Point.pdf2 Jul 2022
Commencement Certificates / NA Order for plotted developmentFile: scan1017.pdf10 Dec 2021
Commencement Certificates / NA Order for plotted developmentFile: scan1018.pdf10 Dec 2021
Commencement Certificates / NA Order for plotted developmentFile: scan.pdf10 Dec 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: FORM 5 RERA AUDIT REPORT FY 19-20.pdf26 Aug 2021
Layout approvalFile: B Point Plot Layout A4.pdf19 Aug 2020
Building plan approvalFile: B Point NA Order Plot 18 to 21 and 67 to 71.pdf19 Aug 2020
Building plan approvalFile: B Point Plot no 20 NA Order compressed.pdf19 Aug 2020
PAN CardFile: RBL PAN card.pdf19 Aug 2020
Copy of the legal title reportFile: B Point Ttile report Adv Tated.pdf19 Aug 2020
Details of encumbrancesFile: B Point Non Emcrubance Cert.pdf19 Aug 2020
Copy of Layout Approval (in case of layout)File: B Point Plot Layout A4.pdf19 Aug 2020
Building Plan Approval / NA Order for plotted developmentFile: B Point NA Order Plot 18 to 21 and 67 to 71.pdf19 Aug 2020
Building Plan Approval / NA Order for plotted developmentFile: B Point Plot no 20 NA Order compressed.pdf19 Aug 2020
Commencement Certificates / NA Order for plotted developmentFile: RERA B Point Comm Certificate.PDF19 Aug 2020
Declaration in FORM BFile: B Point Form B Declation.pdf19 Aug 2020
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: B Point Form 1 RERA B Point Arch Certificate.pdf19 Aug 2020
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: B Point Form 2 RERA Engg Certification.pdf19 Aug 2020
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: B Point Form 3 CA Certificate Pre regn.pdf19 Aug 2020
Proforma of Allotment letterFile: B Point Draft agreement to sale.pdf19 Aug 2020

Promoter's earlier projects4

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.

4 delivered on promise
ProjectLocationFlatsRegisteredStatusPromisedDelivered
BUSINESS SIGNATUREP51600024585Nashik Road Nashik, Nashik-Feb 2020CompletedJun 2024Mar 2024
Business CenterNear Business Court Opp Indigo Park Tidke Colony Link Road Nashik 4220091-CompletedDec 2020Dec 2019
Business ParkOpp. Sadhashiv Nagar Near Sagar Sweet Tidake Colony Link Road Nashik 4220091-CompletedFeb 2018Feb 2018
Business CourtOpp Indigo park Tidke Colony Road Govind Nagar NAsik1-CompletedDec 2014Dec 2014

How this compares with Nashik

10%of Nashik projects moved their completion datethis one has not
19%of Nashik registrations have lapsed or been cancelledthis one is completed

Computed across the 4,100+ Nashik projects on ReraGenie, from their own filings.

Free monthly report: Nashik on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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Other projects near Kamatwade Nashik4,100+ in Nashik

Builder: Roongta Buildcon Ltd.

Roongta Buildcon Ltd. has 4 registrations on MahaRERA, including Business Center and Business Park. Its filings disclose 5 earlier MahaRERA projects: declares 5 of 5 past projects completed on time. Read the full track record. See more projects on the Nashik district page.

Frequently asked questions

What are my rights if Business Point is delayed beyond 30 Jun 2024?

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 Point?

The registered promoter entity is Roongta Buildcon Ltd., a company as per the filing. Its CIN U67120MH1994PLC255254 and GSTIN 27AAACS0773M1Z3 can be cross-checked on the MCA and GST portals. 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 Point?

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 Point?

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 Point?

The professionals named in the filing: Architect: Sagar Kabre; Engineer: Bhushan Shintre; Chartered Accountant: Ashok S Zawar and Co. 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 Point?

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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