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GBs Business Hub
RG-MH-92493 · RERA P52100051394 · Last updated on MahaRERA portal: 29 Apr 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 24 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
2 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.
GBs Business Hub is a Others project by Growstone Ventures LLP in Pune, Maharashtra, registered with MahaRERA as P52100051394 on 8 Jun 2023. Possession is promised by 31 Dec 2028. The completion date has moved by 24 months from the original filing. 3 of the 77 units on this registration are recorded sold or booked, and 3 of 11 construction stages are filed complete.
At a glance
Project
- NameGBs Business Hub
- TypeOthers
- Location
- Jangli Maharaj Road
- Bhamburda
- Shivajinagar
- Pune (M Corp.)
- Pune City
- Pune
- 411005
- Pincode411005
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100051394
- ReraGenie IDRG-MH-92493
Builder
- NameGrowstone Ventures LLP
- Entity typePartnership
- PartnersKedar Satish Khivansara, Dhruv Ganesh Bhutada
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on8 Jun 2023
- Promised completion31 Dec 2028
- Revised completionRevised to 31 Dec 2028 (originally 31 Dec 2026)
- Buildings1 building record
- Documents filed89 files
Current status
Figures as on 29 Apr 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Commercial Building | NA | 13 | 13 | 0 | 77 | 77 |
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 29 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.
3 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 75%.
Commercial Building: 44% 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 | 75% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 40% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 50% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 20% |
| 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 29 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 | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed47
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
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
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 |
|---|---|---|---|
| Commercial Building | NA | Rs 60.00 cr | Rs 13.00 cr |
| - | NA | Rs 7.50 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 | Shailesh Patil |
| Engineer | G A Bhilare Consultants Private Limited |
| Engineer | Atul Kulkarni |
| Chartered Accountant | T S Gilda & Co |
| Chartered Accountant | Marda & Associates |
| Partner | Role in project |
|---|---|
| Growstone Ventures LLP | - |
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 promoterWe have received a revised sanction for our project on 27/03/2025, so need to extend the date of completion to 31/12/2028. Attaching resolution of allottees herewith.
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 1 May 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 16 Apr 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 16 Apr 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 16 Apr 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 Dec 2028
Documents filed89
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 89 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: Form 1 March 2026.pdf | 29 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 March 2026.pdf | 29 Apr 2026 |
| Withdrawal Update Form 3File: Form 3 March 2026.pdf | 29 Apr 2026 |
| Withdrawal Update Form 1File: Form 1.pdf | 22 Jan 2026 |
| Withdrawal Update Form 2File: Form 2.pdf | 22 Jan 2026 |
| Withdrawal Update Form 3File: Form 3.pdf | 22 Jan 2026 |
| Withdrawal Update Form 1File: Form 1.pdf | 30 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 30 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 30 Oct 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 7 Oct 2025 |
| Withdrawal Update Form 2File: Form 2.pdf | 7 Oct 2025 |
| Withdrawal Update Form 3File: Form 3.pdf | 7 Oct 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 28 Jul 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 28 Jul 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 28 Jul 2025 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Inventory.pdf | 28 Jul 2025 |
| Declaration in FORM BFile: Form B.pdf | 4 May 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 27 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 27 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 27 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 27 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 27 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 27 Apr 2025 |
| Layout approvalFile: Layout.pdf | 16 Apr 2025 |
| Building plan approvalFile: Plan 1.pdf | 16 Apr 2025 |
| Building plan approvalFile: Plan 2.pdf | 16 Apr 2025 |
| Building plan approvalFile: Plan 3.pdf | 16 Apr 2025 |
| Building plan approvalFile: Plan 4.pdf | 16 Apr 2025 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 16 Apr 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 16 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 1.pdf | 16 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 2.pdf | 16 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 3.pdf | 16 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 4.pdf | 16 Apr 2025 |
| Layout approvalFile: Layout.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 1.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 2.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 3.pdf | 19 Nov 2024 |
| Layout approvalFile: Layout.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 1.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 2.pdf | 19 Nov 2024 |
| Building plan approvalFile: Plan 3.pdf | 19 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 1.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 2.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 3.pdf | 19 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 19 Nov 2024 |
| Copy of Layout Approval (in case of layout)File: Layout.pdf | 19 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 1.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 2.pdf | 19 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan 3.pdf | 19 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 21 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 21 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 3.pdf | 21 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 21 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 21 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 21 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 21 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 21 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 21 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 21 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 16 Mar 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3.pdf | 16 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 4 Mar 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1.pdf | 4 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 4 Mar 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2.pdf | 4 Mar 2024 |
| Proforma of Agreement for saleFile: Draft Agreement.pdf | 20 May 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report - Agreement.pdf | 20 May 2023 |
| Declaration in FORM BFile: Form B.pdf | 6 May 2023 |
| CERSAI detailsFile: CERSAI Report.pdf | 6 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 6 May 2023 |
| Proforma of Allotment letterFile: Allotment Letter.pdf | 6 May 2023 |
| Layout approvalFile: Layout.pdf | 1 May 2023 |
| Building plan approvalFile: Plan 1.pdf | 1 May 2023 |
| Building plan approvalFile: Plan 2.pdf | 1 May 2023 |
| PAN CardFile: PAN Card.pdf | 1 May 2023 |
| Copy of the legal title reportFile: Title Search Report Annexure.pdf | 1 May 2023 |
| Details of encumbrances concerned to FinanceFile: Encumbrance Certificate.pdf | 1 May 2023 |
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 89 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
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Builder: Growstone Ventures LLP
Growstone Ventures LLP has 1 registration on MahaRERA, including GBs Business Hub. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if GBs Business Hub is delayed beyond 31 Dec 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 GBs Business Hub?
The registered promoter entity is Growstone Ventures LLP, 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 GBs Business Hub?
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 GBs Business Hub?
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 GBs Business Hub?
The professionals named in the filing: Architect: Shailesh Patil; Engineer: G A Bhilare Consultants Private Limited; Engineer: Atul Kulkarni; Chartered Accountant: T S Gilda & Co; Chartered Accountant: Marda & 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 GBs Business Hub?
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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