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Clover Business Center
RG-MH-80257 · RERA P52100055188 · Last updated on MahaRERA portal: 14 Jul 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 12 months
- 1 extension taken
- Encumbrance declared on the project land, in favour of Dhiren Nandu
- The declared charge does not appear in the CERSAI report on the filing
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
4 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
See what the report covers Free either way: or have every new Pune registration emailed to you, free during the pilot beta.Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
Clover Business Center is a Commercial project by Clover Developers Pvt Ltd in Pune, Maharashtra, registered with MahaRERA as P52100055188 on 11 Mar 2024. Possession is promised by 31 Dec 2027. The completion date has moved by 12 months from the original filing. 0 of the 56 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NameClover Business Center
- TypeCommercial
- Location
- North Main Road
- Mundhwa
- Keshavnagar-Mundwa
- Pune City
- Pune
- 411036
- Pincode411036
- RERA no.P52100055188
- ReraGenie IDRG-MH-80257
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on11 Mar 2024
- Promised completion31 Dec 2027
- Revised completionRevised to 31 Dec 2027 (originally 30 Dec 2026)
- Buildings1 building record
- Documents filed87 files
Current status
Figures as on 14 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Clover Business Center | NA | 16 | 11 | 0 | 56 | 56 |
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 14 Jul 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 85%.
Clover Business Center: 69% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 85% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 50% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 85% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 60% |
| 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. | 20% |
Progress on shared amenities15
As on 14 Jul 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 90% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | No | Not applicable |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 60% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed668
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.
Land and ownership
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| Clover Business Center | NA | Rs 68.40 cr | Rs 43.34 cr |
| - | NA | Rs 11.60 cr | Rs 3.17 cr |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Rameshwari Sangani Sangani |
| Engineer | Shubhangi Harpale |
| Engineer | Strudcom Consultant Pvt. Ltd |
| Chartered Accountant | CA Manojkumar Agarwal |
| Chartered Accountant | Param & Company Chartered Accountants |
| Partner | Role in project |
|---|---|
| Clover Developers Pvt Ltd | - |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterThe project could not be completed within the stipulated registration period due to delays encountered during the construction phase. Significant construction activities, including civil, finishing, infrastructure, and allied works, are still pending and require additional time for completion. Further, the project has not yet obtained the Occupancy Certificate (OC) from the competent authority, as the required construction and compliance-related works remain incomplete. Consequently, possession and handover of units to the allottees could not be undertaken within the approved timeline. We are
Litigation declared5
| Case | Court | Status |
|---|---|---|
| 672/2010 | Civil Court Small Cause Court | Pending for Ex Party |
| 508/2013 | Civil Court Civil Judge Senior Division | Matter is pending for Steps |
| 14/2014 | Civil Court District Judge and Asst Session Judge | Matter is pending for dismissal order |
| P IX/I/2012/2012 | Maharashtra Recovery Tribunal | Matter is pending for Steps |
| P II/I/2016/2016 | Maharashtra Recovery Tribunal | Matter is Pending |
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 16 Jan 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 10 Oct 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 2 Sep 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 13 Oct 2023Confirm the Commencement Certificate covers the specific floor you are buying. - 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 Dec 2027
Documents filed87
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 87 are shown. 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 |
|---|---|
| Withdrawal Update Form 1File: Clover_Business_Center_Form1_Q1_2026-27_07-07-2026_10-57.pdf | 14 Jul 2026 |
| Withdrawal Update Form 2File: FORM -2.pdf | 14 Jul 2026 |
| Withdrawal Update Form 3File: Clover_Business_Center_Form3_Q1_2026-27_14-07-2026_10-03_doc1 (1)_compressed.pdf | 14 Jul 2026 |
| Form 2A (FY 2025-2026)File: Form 2A-2025-2026.pdf | 11 Jul 2026 |
| Form 2A (FY 2024-2025)File: Form 2A-2024-2025.pdf | 11 Jul 2026 |
| Withdrawal Update Form 1File: Form 1 - Clover Business Center as on Mar 26.pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 - Clover Business Center as on Mar 26.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 - Clover Business Center as on Mar 26.pdf | 20 Apr 2026 |
| Withdrawal Update Form 1File: Form 1 - Clover Business Center as on December 2025.pdf | 25 Feb 2026 |
| Withdrawal Update Form 2File: Form 2 - Clover Business Center as on December 2025.pdf | 25 Feb 2026 |
| Withdrawal Update Form 3File: Form 3 - Clover Business Center as on Dec 2025.pdf | 25 Feb 2026 |
| Withdrawal Update Form 1File: Form 1 - Clover Business Center as on Sep 2025.pdf | 20 Nov 2025 |
| Withdrawal Update Form 2File: Form 2 - Clover Business Center as on Sep 2025.pdf | 20 Nov 2025 |
| Withdrawal Update Form 3File: Form 3 - Clover Business Center as on Sep 2025.pdf | 20 Nov 2025 |
| Building plan approvalFile: 1-6- Highlighted.pdf | 2 Sep 2025 |
| Building plan approvalFile: 2-6.pdf | 2 Sep 2025 |
| Building plan approvalFile: 3-6.pdf | 2 Sep 2025 |
| Building plan approvalFile: 4-6.pdf | 2 Sep 2025 |
| Building plan approvalFile: 5-6.pdf | 2 Sep 2025 |
| Building plan approvalFile: 6-6.pdf | 2 Sep 2025 |
| Form 1File: Form 1 - Clover Business Center as on June 2025.pdf | 20 Aug 2025 |
| Form 2File: Form 2 - Clover Business Center as on June 2025.pdf | 20 Aug 2025 |
| Form 3File: Form 3 - Clover Business Center as on June 2025.pdf | 20 Aug 2025 |
| Disclosure of Sold and Booked InventoryFile: Circular 29 - Clover Business Center as on June 2025.pdf | 20 Aug 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: F1.pdf | 25 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: F3.pdf | 25 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: F2.pdf | 25 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3.pdf | 31 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: F1.pdf | 27 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: F2.pdf | 27 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA.pdf | 14 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1.pdf | 12 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2.pdf | 12 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1.pdf | 22 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1.pdf | 22 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2.pdf | 22 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3_compressed (1).pdf | 22 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3.pdf | 11 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1.pdf | 17 May 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 2.pdf | 16 May 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: 2A.pdf | 16 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 3.pdf | 16 May 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: 5.pdf | 16 May 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Revised compressed.pdf | 28 Feb 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Diclosure of Interest In Other Real Estate Organization -RKB.pdf | 28 Feb 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Disclosure of Interest In Other Real Estate Organization - DPN.pdf | 28 Feb 2024 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report with Respect to Agreement Draft_compressed.pdf | 22 Feb 2024 |
| Other - LegalFile: Diclosure of Interest In Other Real Estate Organization -RKB.pdf | 22 Feb 2024 |
| Other - LegalFile: Disclosure of Interest In Other Real Estate Organization - DPN.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-1-10.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-11-20.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-21-30.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-31-40.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-41-50.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-51-60.pdf | 22 Feb 2024 |
| Other - LegalFile: Sale Deed Mundhwa Land 20221101_133151_073088 (1)_compressed-61-74.pdf | 22 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Declaration of Financial Encumbrance.pdf | 7 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Declaration of Financial Encumbrance.pdf | 7 Feb 2024 |
| Details of encumbrances concerned to LegalFile: Declaration of Financial Encumbrance.pdf | 7 Feb 2024 |
| Details of encumbrances concerned to LegalFile: Declaration of Financial Encumbrance.pdf | 7 Feb 2024 |
| Proforma of Agreement for saleFile: Allotment Agreement Draft.pdf | 7 Feb 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Bank Declaration.pdf | 7 Feb 2024 |
| Other - LegalFile: Declaration of Financial Encumbrance.pdf | 7 Feb 2024 |
| Details of encumbrances concerned to FinanceFile: Self Declaration of Financial Encumbrance.pdf | 17 Jan 2024 |
| Details of encumbrances concerned to LegalFile: Self Declaration of Financial Encumbrance.pdf | 17 Jan 2024 |
| Copy of the legal title reportFile: Legal Title Report compressed.pdf | 16 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: Self Declaration Regarding Encumbrance.pdf | 4 Jan 2024 |
| Details of encumbrances concerned to LegalFile: Self Declaration Regarding Encumbrance.pdf | 4 Jan 2024 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 4 Jan 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC-0753-30-6-2023 (1).pdf | 13 Oct 2023 |
| CERSAI detailsFile: Undertaking for Security Interest.pdf | 13 Oct 2023 |
| Layout approvalFile: SHEET 1-5.pdf | 10 Oct 2023 |
| Building plan approvalFile: SHEET 1-5.pdf | 10 Oct 2023 |
| Building plan approvalFile: SHEET 2-5.pdf | 10 Oct 2023 |
| Building plan approvalFile: SHEET 3-5.pdf | 10 Oct 2023 |
| Building plan approvalFile: SHEET 4-5.pdf | 10 Oct 2023 |
| Building plan approvalFile: SHEET 5-5.pdf | 10 Oct 2023 |
| PAN CardFile: Clover Developers Pan.pdf | 10 Oct 2023 |
| Copy of Layout Approval (in case of layout)File: SHEET 1-5.pdf | 10 Oct 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: SHEET 1-5.pdf | 10 Oct 2023 |
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 |
|---|---|---|---|---|---|
| Clover Higlands | Nibm road | 446 | Completed | Mar 2007 | Mar 2007 |
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How this compares with Pune
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 4 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration, which the RERA portal never shows together
- All 87 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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Builder: Clover Developers Pvt Ltd
Clover Developers Pvt Ltd has 2 registrations on MahaRERA, including CLOVER HIGHLANDS and Clover Business Center. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Clover Business Center is delayed beyond 31 Dec 2027?
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 Clover Business Center?
The registered promoter entity is Clover Developers Pvt Ltd, a company 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 Clover Business Center?
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 Clover Business Center?
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 Clover Business Center?
The professionals named in the filing: Architect: Rameshwari Sangani Sangani; Engineer: Shubhangi Harpale; Engineer: Strudcom Consultant Pvt. Ltd; Chartered Accountant: CA Manojkumar Agarwal; Chartered Accountant: Param & Company Chartered Accountants. 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 Clover Business Center?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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