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DWARKA BUSINESS SQUARE
By NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD.
RG-MH-40316 · RERA P52100080816 · Last updated on MahaRERA portal: 20 Apr 2026
Source: official MahaRERA filing
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Red flags
- 3 complaints at MahaRERA
Clear
- No litigation declared
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- All 1 earlier projects delivered on promise
1 condition is 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.
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DWARKA BUSINESS SQUARE is a Commercial project by NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. in Pune, Maharashtra, registered with MahaRERA as P52100080816 on 11 Jul 2025. Possession is promised by 31 Mar 2028. 70 of the 190 units on this registration are recorded sold or booked, and 1 of 11 construction stages are filed complete. 3 complaints are on record with the regulator.
At a glance
Project
- NameDWARKA BUSINESS SQUARE
- TypeCommercial
- Location
- CHAKAN TALEGAON ROAD
- CHAKAN
- Mahalunge
- Khed
- Pune
- 410501
- Pincode410501
- RERA no.P52100080816
- ReraGenie IDRG-MH-40316
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on11 Jul 2025
- Promised completion31 Mar 2028
- Revised completionNone
- Buildings1 building record
- Documents filed54 files
Current status
Figures as on 20 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| DWARKA BUSINESS SQUARE | NA | 6 | 6 | 0 | 190 | 190 |
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 20 Apr 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.
1 of 11 construction stages are filed complete. The stage furthest along is Basement (if any), at 80%.
DWARKA BUSINESS SQUARE: 16% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 80% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| 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 20 Apr 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 | 0% |
| Storm Water Drains | Yes | 0% |
| 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 | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed80
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
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| DWARKA BUSINESS SQUARE | NA | Rs 16.19 cr | Rs 1.70 cr |
| - | NA | Rs 3.55 cr | Rs 84.00 lakh |
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | GAURI NAIKNAVARE |
| Engineer | Pramod Ghume |
| Chartered Accountant | SHRISHRIMAL & ASSOCIATES |
| Chartered Accountant | KKSS AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. | - |
Complaints filed with MahaRERA3
| Case no. | Complainant | Respondent | Filed |
|---|---|---|---|
| SM12600065 | Ram Gawali | NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. | 22/01/2026 |
| SM12600070 | Ram Gawali | NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. | 22/01/2026 |
| SM12600071 | Ram Gawali | NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. | 22/01/2026 |
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 22 May 2025 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 10 Jun 2025 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 22 May 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 4 Jul 2025Confirm 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 Mar 2028
Documents filed54
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 |
|---|---|
| Withdrawal Update Form 1File: DBS - Jan to March 2026 Rera Form 1 (1).pdf | 20 Apr 2026 |
| Withdrawal Update Form 2File: DBS FORM 2.pdf | 20 Apr 2026 |
| Withdrawal Update Form 3File: DBS form 3(1-9)_merged (1)_compressed.pdf | 20 Apr 2026 |
| Withdrawal Update Form 1File: DBS FORM 1.pdf | 20 Jan 2026 |
| Withdrawal Update Form 2File: DBS FORM 2.pdf | 20 Jan 2026 |
| Withdrawal Update Form 3File: DBS Form3 dated 11-06-2025.pdf | 20 Jan 2026 |
| Form 1File: DBS FORM 1.pdf | 18 Oct 2025 |
| Form 2File: DBS FORM 2.pdf | 18 Oct 2025 |
| Form 3File: DBS FORM 3.pdf | 18 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: DBS SOLD UNSOLD_compressed.pdf | 18 Oct 2025 |
| Proforma of Agreement for saleFile: DBS -ATS dated 05-07-2025.pdf | 5 Jul 2025 |
| Letter from the bank regarding the opening of RERA Designated Bank Accounts (Format B)File: Corrected Format B dated 04-07-2025.pdf | 5 Jul 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Confirmation email from competent authority.pdf | 4 Jul 2025 |
| Deviation Report with respect to model copy of AgreementFile: Deviation DBS.pdf | 25 Jun 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: DBS Form3 dated 11-06-2025.pdf | 12 Jun 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 dated 10-06-2025.pdf | 12 Jun 2025 |
| Layout approvalFile: Sanction Plan no 1 dated 28-12-2023 for layout approval.pdf | 10 Jun 2025 |
| Copy of Layout Approval (in case of layout)File: Sanction Plan no 1 dated 28-12-2023 for layout approval.pdf | 10 Jun 2025 |
| Declaration about Commencement CertificateFile: Format D - Decclaration about CC.pdf | 10 Jun 2025 |
| Layout approvalFile: Sanction Plan No 1.pdf | 9 Jun 2025 |
| Copy of Layout Approval (in case of layout)File: Sanction Plan No 1.pdf | 9 Jun 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate Confirmation (e-mail from the competent authority).pdf | 9 Jun 2025 |
| CERSAI detailsFile: Cersai Report.pdf | 27 May 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A - DBS (2).pdf | 23 May 2025 |
| Other - TechnicalFile: ANEX A ORDER 50- DBS 23-05-2025.pdf | 23 May 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A HDN Sir.pdf | 23 May 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for Secured unsecured Finance Availed For The Project as per Order 56 (1).pdf | 23 May 2025 |
| Building plan approvalFile: Sanction Plan No 1.pdf | 22 May 2025 |
| Building plan approvalFile: Sanction Plan No 2.pdf | 22 May 2025 |
| Building plan approvalFile: Sanction Plan No 3.pdf | 22 May 2025 |
| Building plan approvalFile: Sanction Plan No 4.pdf | 22 May 2025 |
| Building plan approvalFile: Sanction Plan No 5.pdf | 22 May 2025 |
| Copy of the legal title reportFile: Title report 02-05-2025 - Highlighted.pdf | 22 May 2025 |
| Proforma of Allotment letterFile: Proforma of Allotment Letter DBS.pdf | 22 May 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 22 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan No 5.pdf | 22 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan No 4.pdf | 22 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan No 2.pdf | 22 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan No 1.pdf | 22 May 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Sanction Plan No 3.pdf | 22 May 2025 |
| Other - LegalFile: महाळुंगे_88_90 ते 96_113 चा 2_122 ते 128_कमर्शिअल_प्लॉट नं 2_Satbara.pdf | 22 May 2025 |
| Other - LegalFile: महाळुंगे_88_90 ते 96_113 चा 2_122 ते 128_खुली जागा_18_Satbara.pdf | 22 May 2025 |
| PAN CardFile: NHDPL PAN.pdf | 3 May 2025 |
| Copy of the legal title reportFile: TR Dwarka Business SequarE.pdf | 3 May 2025 |
| Details of encumbrances concerned to FinanceFile: Details of encumbrances - Finance and Legal.pdf | 3 May 2025 |
| Declaration in FORM BFile: Form B Affidavit cum Declaration.pdf | 3 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 3 May 2025 |
| Declaration about Commencement CertificateFile: Declaration about commencement Certi.pdf | 3 May 2025 |
| CERSAI detailsFile: Cersai Report.pdf | 3 May 2025 |
| Declaration about all RERA Designated Bank Accounts (Format A)File: Format A - DBS.pdf | 3 May 2025 |
| Deviation Report with respect to Allotment letterFile: Deviation wrt Allotment letter.pdf | 3 May 2025 |
| Details of encumbrances concerned to LegalFile: Details of encumbrances - Finance and Legal.pdf | 3 May 2025 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A.pdf | 3 May 2025 |
| Disclosure for secured/unsecured finance availed for the projectFile: Disclosure for Secured unsecured Finance Availed For The Project as per Order 56.pdf | 3 May 2025 |
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 | Registered | Status | Promised | Delivered |
|---|---|---|---|---|---|
| DWARKA PROJECT 1P52100000164 | CHAKAN, Pune | Jul 2017 | Completed | Dec 2018 | Dec 2018 |
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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.
- 1 condition on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 3 other registrations, which the RERA portal never shows together
- All 54 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: NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD.
NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD. has 4 registrations on MahaRERA, including AVASAGRASSLAND and AVASA GROVELAND. Its filings disclose 2 earlier MahaRERA projects: declares 1 of 2 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 DWARKA BUSINESS SQUARE 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 DWARKA BUSINESS SQUARE?
The registered promoter entity is NAIKNAVARE HOUSING DEVELOPMENTS 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 DWARKA BUSINESS SQUARE?
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 do I read the complaint cases filed against DWARKA BUSINESS SQUARE?
Each case number above is a complaint MahaRERA hears in public. On the MahaRERA website, open Complaint Details and search the CC number: the order PDFs, hearing dates and disposal status are free to download. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.
How current is the construction progress shown for DWARKA BUSINESS SQUARE?
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 DWARKA BUSINESS SQUARE?
The professionals named in the filing: Architect: GAURI NAIKNAVARE; Engineer: Pramod Ghume; Chartered Accountant: SHRISHRIMAL & ASSOCIATES; Chartered Accountant: KKSS AND 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 DWARKA BUSINESS SQUARE?
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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