Home / Browse projects / Pune, Maharashtra / Nivaas Business Square
Nivaas Business Square
RG-MH-56429 · RERA P52100053147 · Last updated on MahaRERA portal: 17 Jul 2026
Source: official MahaRERA filing
Or get an email each time it changes, with the project watch
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
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.
Nivaas Business Square is a Commercial project by M/s Nivaas Infrastructure in Pune, Maharashtra, registered with MahaRERA as P52100053147 on 17 Oct 2023. Possession is promised by 31 Oct 2028. 14 of the 25 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.
At a glance
Project
- NameNivaas Business Square
- TypeCommercial
- Location
- Hinjewadi
- Hinjavadi (CT)
- Mulshi
- Pune
- 411057
- Pincode411057
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100053147
- ReraGenie IDRG-MH-56429
Builder
- NameM/s Nivaas Infrastructure
- Entity typePartnership
- PartnerRamesh Ramchandra Lala
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on17 Oct 2023
- Promised completion31 Oct 2028
- Revised completionNone
- Buildings1 building record
- Documents filed69 files
Current status
Figures as on 17 Jul 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Nivaas Business Square | NA | 4 | 4 | 0 | 25 | 25 |
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 17 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.
5 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 90%.
Nivaas Business Square: 65% 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 | 90% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 30% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 20% |
| 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. | 20% |
Progress on shared amenities15
As on 17 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 | 70% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 70% |
| Storm Water Drains | Yes | 70% |
| Landscaping & Tree Planting | Yes | 20% |
| 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 | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 60% |
| Aggregate area of recreational Open Space | Yes | 80% |
| Open Parking | No | Not applicable |
Parking filed39
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 ownership5
MahaRERA does not publish landowner contact details. 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.
| Landowner | Village | District |
|---|---|---|
| Mr Mohan Jagdish Gupta | - | Pune |
| Mrs sharda S Gupta | Pune (M Corp.) | Pune |
| Mr Shivnarayan R Gupta | Pune (M Corp.) | Pune |
| Mr Nikhil Ramesh Lala | Mumbai City | Mumbai City |
| Mr Ramesh Ramchandra Lala | Mumbai City | Mumbai City |
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 |
|---|---|---|---|
| Nivaas Business Square | NA | Rs 25.00 cr | Rs 19.80 cr |
| - | NA | Rs 5.00 cr | - |
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Cubix Architect Associates |
| Engineer | Rutuja Jagdale |
| Chartered Accountant | CA Pravin Pise and Associates |
| Partner | Role in project |
|---|---|
| M/s Nivaas Infrastructure | - |
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 19 Aug 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 22 Apr 2026 - 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 Apr 2026 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 22 Apr 2026Confirm 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 Oct 2028
Documents filed69
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: Form 1 Nivaas.pdf | 17 Jul 2026 |
| Withdrawal Update Form 2File: Withdrawal Application Form2 (38) (2).pdf | 17 Jul 2026 |
| Withdrawal Update Form 3File: F 3 - NIVAAS INFRA (1).pdf | 17 Jul 2026 |
| Layout approvalFile: 10 (1).pdf | 22 Apr 2026 |
| Building plan approvalFile: 11-2 (1).pdf | 22 Apr 2026 |
| Building plan approvalFile: 12-1 (1).pdf | 22 Apr 2026 |
| Commencement certificateFile: Adobe Scan 05 Aug 2025 (1) (1).pdf | 22 Apr 2026 |
| Withdrawal Update Form 1File: fORM 1 (1).pdf | 22 Apr 2026 |
| Withdrawal Update Form 2File: Form 2 NBS.pdf | 22 Apr 2026 |
| Withdrawal Update Form 3File: F3-NBS (1) (1).pdf | 22 Apr 2026 |
| Withdrawal Update Form 1File: fORM 1.pdf | 22 Jan 2026 |
| Withdrawal Update Form 1File: fORM 1.pdf | 22 Jan 2026 |
| Withdrawal Update Form 1File: fORM 1.pdf | 22 Jan 2026 |
| Withdrawal Update Form 2File: Form 2- Nivaas Dec 25.pdf | 22 Jan 2026 |
| Withdrawal Update Form 2File: Form 2- Nivaas Dec 25.pdf | 22 Jan 2026 |
| Withdrawal Update Form 2File: Form 2- Nivaas Dec 25.pdf | 22 Jan 2026 |
| Withdrawal Update Form 3File: F3-NBS(Q3).pdf | 22 Jan 2026 |
| Withdrawal Update Form 3File: F3-NBS(Q3).pdf | 22 Jan 2026 |
| Withdrawal Update Form 3File: F3-NBS(Q3).pdf | 22 Jan 2026 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 (6).pdf | 19 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 (NBS)_compressed.pdf | 19 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Nivaas.pdf | 19 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: SOld unsold- Nivaas 1.pdf | 19 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Doc_1573 (1)_compressed.pdf | 31 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: 1_merged (1).pdf | 31 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-Nivaas.pdf | 31 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold- Nivaas infra.pdf | 31 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Doc_1573 (1)_compressed.pdf | 23 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3-NBS (1)_compressed.pdf | 23 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Nivaas.pdf | 23 Oct 2024 |
| Disclosure of sold/ booked inventoryFile: SOld Unsold-Nivaas.pdf | 23 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: RERA DOCUMENTS (1) (1).pdf | 15 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Nivaas.pdf | 15 Jul 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold-nivaas.pdf | 15 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 (NIVAAS INFRA).pdf | 15 Jul 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NIVASS(1) (1).pdf | 10 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Nivaas In.pdf | 10 Apr 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold- Nivaas.pdf | 10 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM-3 (2)_compressed (1).pdf | 10 Apr 2024 |
| Proforma of Agreement for saleFile: 01-Booking-Agree-Rev-120124.pdf | 22 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NIVASS(1).pdf | 11 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- Nivaas Infra.pdf | 11 Jan 2024 |
| Disclosure of sold/ booked inventoryFile: Sold Unsold- Nivaas.pdf | 11 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 (1).pdf | 11 Jan 2024 |
| Details of encumbrances concerned to FinanceFile: Self Declaration (1).pdf | 28 Sep 2023 |
| Details of encumbrances concerned to LegalFile: Self Declaration (1).pdf | 28 Sep 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: 1 Separate Bank Account details including no encumbrances on the Bank Account or no escrow | 8 Sep 2023 |
| Layout approvalFile: 2608_compressed.pdf | 19 Aug 2023 |
| Building plan approvalFile: 2 (1)_compressed.pdf | 19 Aug 2023 |
| Building plan approvalFile: 3_compressed.pdf | 19 Aug 2023 |
| Copy of the legal title reportFile: 1 Copy of the legal title report (12)_page-0001.pdf | 19 Aug 2023 |
| Copy of Layout Approval (in case of layout)File: 2608_compressed.pdf | 19 Aug 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 2 (1)_compressed.pdf | 19 Aug 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: 3_compressed.pdf | 19 Aug 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 1_compressed (1).pdf | 19 Aug 2023 |
| Declaration about Commencement CertificateFile: Format D - Nivaas.pdf | 19 Aug 2023 |
| Declaration in FORM BFile: Form B- Promoter.pdf | 19 Aug 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: NIVAAS INFRASTRUCTURE .pdf | 19 Aug 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Adobe Scan 4 Oct 2023 (2)_compressed.pdf | 19 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A - 01.pdf | 19 Aug 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure - 02.pdf | 19 Aug 2023 |
| Proforma of Allotment letterFile: Model Form_compressed.pdf | 19 Aug 2023 |
| Proforma of Agreement for saleFile: AFS- Nivaas.pdf | 19 Aug 2023 |
| PAN CardFile: Pan card.pdf | 18 Aug 2023 |
| Details of encumbrances concerned to FinanceFile: Self Declaration.pdf | 18 Aug 2023 |
| Details of encumbrances concerned to LegalFile: Self Declaration.pdf | 18 Aug 2023 |
| CERSAI detailsFile: Declaration.pdf | 18 Aug 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Report 1.pdf | 18 Aug 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation Report.pdf | 18 Aug 2023 |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Pune
Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.
Free monthly report: Pune 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.
Buyer report
Built from this project's filings on the day you order, in plain language.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against every project registered within 2 km, which the RERA portal never shows together
- All 69 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
Only want to be told when something changes?
- 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
Keep Nivaas Business Square on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Hinjewadi13,700+ in Pune
Filed coordinates, straight-line distance. 39 registered projects within 2 km.
Godrej Evergreen Square
Godrej Projects Development Limited
The Aqua Retreat at Godrej Park World
Maan-Hinje Township Developers Private Lim
The Gale at Godrej Park World
Maan-Hinje Township Developers LLP
VTP BELLISSIMO PHASE 1
MAGNITE DEVELOPERS PRIVATE LIMITED
Life Republic Sector R1 - 1st Avenue
KOLTE-PATIL DEVELOPERS LIMITED
The Greenfront at Godrej Park World
Maan Hinje Township Developers Private Lim
Builder: M/s Nivaas Infrastructure
M/s Nivaas Infrastructure has 1 registration on MahaRERA, including Nivaas Business Square. 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 Nivaas Business Square is delayed beyond 31 Oct 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 Nivaas Business Square?
The registered promoter entity is M/s Nivaas Infrastructure, 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 Nivaas 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 current is the construction progress shown for Nivaas 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 Nivaas Business Square?
The professionals named in the filing: Architect: Cubix Architect Associates; Engineer: Rutuja Jagdale; Chartered Accountant: CA Pravin Pise 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 Nivaas 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.
Get the buyer report · Rs 499 See a real one first
Studying this micro-market rather than buying a flat? The developer project analysis, Rs 2,999, maps every registration within 5 km from filed coordinates, reads what this market absorbs, prices the parcel and takes the promoter's whole book apart. See a complete sample.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on MahaRERA, and we read every report.
Report an error Share feedback