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UTSAV BUSINESS CENTER
RG-MH-78580 · RERA P52100018719 · Last updated on MahaRERA portal: 26 Dec 2024
Source: official MahaRERA filing
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Red flags
- Registration lapsed
- Possession 31 months past the filed date
- Completion date moved by 24 months
- 2 extensions taken
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.
UTSAV BUSINESS CENTER is a Commercial project by ROYAL DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100018719 on 28 Nov 2018. Possession was promised by 30 Mar 2024 and is now 31 months past that date. The completion date has moved by 24 months from the original filing.
At a glance
Project
- NameUTSAV BUSINESS CENTER
- TypeCommercial
- Location
- AWALAWADI ROAD
- WAGHOLI
- Haveli
- Pune
- 412207
- Pincode412207
- RERA no.P52100018719
- ReraGenie IDRG-MH-78580
Builder
- NameROYAL DEVELOPERS
- Entity typePartnership
- PartnersZENITH LANDMARKS PVT LTD, PRAVIN BANSILAL RAISONI, KUNNANPARTH ABDUL RAMEES, SURENDRA BAPUSAHEB PATHARE, PIYUSH PRAVIN RAISONI, DEEPALI RAHUL GAVHANE, VARSHA MAHESH KARPE, JYOTI RAVINDRA BHUJABAL, SANKET SAMPAT KHARPUDE
- Other registrations16 more →
- Completed5 of 17
- No longer live7 lapsed, de-registered or revoked
- Declared earlier projects6 →
Key dates
Key facts
Registration and timeline
- StatusRegistration lapsed
- Registered on28 Nov 2018
- Promised completion30 Mar 2024
- Revised completionRevised to 30 Mar 2024 (originally 30 Mar 2022)
- Buildings1 building record
- Documents filed54 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| UTSAV BUSINESS CENTRE | NA | 6 | 0 | 0 | 0 | 0 |
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 26 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.
5 of 11 construction stages are filed complete. The stage furthest along is Internal walls, at 75%.
UTSAV BUSINESS CENTRE: 66% 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 | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 75% |
| Sanitary Fittings within the flats / premises | 25% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 75% |
| 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. | 50% |
Progress on shared amenities15
As on 26 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 50% |
| Water Supply | Yes | 50% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 50% |
| Storm Water Drains | Yes | 50% |
| Landscaping & Tree Planting | Yes | 50% |
| Street Lighting | Yes | 50% |
| 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 | 50% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 50% |
| Electrical meter room, sub-station, receiving station | Yes | 50% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed117
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 ownership3
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| SANGITA RAMDAS SATAV | WAGHOLI | Pune |
| RAMESH RAMDAS SATAV | WAGHOLI | Pune |
| AMOL RAMDAS SATAV | WAGHOLI | Pune |
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.
Certifying professionals and partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | PARVEZ JAMADAR & ASSOCIATES |
| Engineer | R K RANDHAVE CONSULTANT |
| Partner | Role in project |
|---|---|
| ROYAL DEVELOPERS | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterDUE TO PANDEMIC SITUATION LABOUR ,MATERIAL PROBLEMS BECOMES HURDLE AND ALSO NEW BOOKINGS NOT DONE THATS WHY CASH FLOW ALSO HAMPERED THE SPEED OF WORK.
Reason as filed by the promoterREVISED PLAN SUBMITED TO PMRDA FOR SANCTIONING. AND ALSO REQUIRED LATEST MOJNI CERTIFICATE FROM GOVT. AGENCY, IT'S TAKE TOO MUCH TIME AND THEN ONLY FILE WILL BE SUBMITTED FOR COMPLETION.
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 24 Oct 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 24 Oct 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 24 Oct 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 24 Oct 2018Confirm the Commencement Certificate covers the specific floor you are buying. - 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 12 Nov 2024
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 |
|---|---|
| Architect’s Certificate on Completion of Project (Form 4)File: UTSAV BUSINESS CENTER FORM 4 ,.pdf | 26 Dec 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: UTSAV Business Center Completion Certificate.pdf | 12 Nov 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Enginer Certificate 29022024 Business Center.pdf | 18 Jun 2024 |
| Certificates of CA (Form 3)File: Form 3 Business Center 29022024.pdf | 18 Jun 2024 |
| Declaration in FORM BFile: FROM 3 AMINITY .pdf | 11 Apr 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 BC Royal Developers FY 22-23.pdf | 12 Jan 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineers Certificate Business Center 30092022.pdf | 15 Feb 2023 |
| Certificates of CA (Form 3)File: CA Certificate Utsav Business Center 30092022.pdf | 15 Feb 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: UTSAV Business Center Form 5 21-22.pdf | 29 Oct 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Certificate Business Center 31032022.pdf | 30 Jul 2022 |
| Disclosure of sold/ booked inventoryFile: Circular 29 Business Center 31032022.pdf | 30 Jul 2022 |
| Certificates of CA (Form 3)File: Form 3 Business Center 31032022.pdf | 30 Jul 2022 |
| Declaration about Commencement CertificateFile: Circular_32_Declaration.pdf | 31 Mar 2022 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Amenity_form-1_Architect_sign.pdf | 31 Mar 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Quality_Assurance_2022.pdf | 31 Mar 2022 |
| CERSAI detailsFile: Undertaking_non_Application_2022.pdf | 31 Mar 2022 |
| Disclosure of sold/ booked inventoryFile: Sold_Unsold_Inventory_2022.pdf | 31 Mar 2022 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Cerificate 31032021 Business Center.pdf | 21 Feb 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5- Busines Amenity Center FY 2020-21.pdf | 21 Feb 2022 |
| Declaration about Commencement CertificateFile: Amenity_Circular_32.pdf | 4 Sep 2021 |
| Disclosure of sold/ booked inventoryFile: Disclosure of Sold Inventory Business Center.pdf | 14 Aug 2021 |
| Certificates of CA (Form 3)File: UTSAV BUSINESS CENTRE ( FORM-3) 20032021.pdf | 14 Aug 2021 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Utsav Business Center Engineer Certificate 31032020.pdf | 17 May 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 Utsav Business Centre 19-20.pdf | 17 May 2021 |
| Certificates of CA (Form 3)File: Utsav Business Center 20032020.pdf | 10 Nov 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: COMMERCIAL_ENGINEER_CERTIFICATE_10th_March.pdf | 15 Sep 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: AMENITY_ENGINEER_CERTIFICATE.pdf | 11 Jul 2020 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: commercial.pdf | 7 Jul 2020 |
| Details of Restarting of Construction work post lockdownFile: Utsav BC.pdf | 7 Jul 2020 |
| Certificates of CA (Form 3)File: Form 3 Royal Utsav Business Center 31122019.pdf | 4 Jul 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 Business Center FY 18-19.pdf | 4 Jul 2020 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: eng_certificate_com.pdf | 3 Feb 2020 |
| Form 2AFile: quality_comm.pdf | 3 Feb 2020 |
| Certificates of CA (Form 3)File: FORM 3 ROYAL BUSINESS CENTRE SIGNED.pdf | 11 Jun 2019 |
| Form 2AFile: ENGINEER_CERTIFICATE_FORM_2A_COMMERCIAL.pdf | 8 Jan 2019 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: RERA_engineer_certificate_commercial.pdf | 11 Dec 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: ENGINEER CERTIFICATE.pdf | 21 Nov 2018 |
| Certificates of CA (Form 3)File: Form 3 CA Certificate.pdf | 21 Nov 2018 |
| Details of encumbrancesFile: NO ENCUMBRANCE REPORT.pdf | 19 Nov 2018 |
| Proforma of Allotment letterFile: AMENITY-SPACE_Agreement_Draft_Utsav.pdf | 19 Nov 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form1 Arch Certificate Amenity.pdf | 30 Oct 2018 |
| Declaration in FORM BFile: Rahul_Gavhane_B-Form_5982__1_.pdf | 25 Oct 2018 |
| Layout approvalFile: 1111.pdf | 24 Oct 2018 |
| Building plan approvalFile: 3.pdf | 24 Oct 2018 |
| Building plan approvalFile: 4.pdf | 24 Oct 2018 |
| Building plan approvalFile: 1111.pdf | 24 Oct 2018 |
| PAN CardFile: Royal Pan Card.pdf | 24 Oct 2018 |
| Copy of the legal title reportFile: Title_report.pdf | 24 Oct 2018 |
| Copy of the legal title reportFile: Search_report__1_.pdf | 24 Oct 2018 |
| Copy of Layout Approval (in case of layout)File: 1111.pdf | 24 Oct 2018 |
| Building Plan Approval (IOD)File: 3.pdf | 24 Oct 2018 |
| Building Plan Approval (IOD)File: 4.pdf | 24 Oct 2018 |
| Building Plan Approval (IOD)File: 1111.pdf | 24 Oct 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: Amenity Commencement Certificate.pdf | 24 Oct 2018 |
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 |
|---|---|---|---|---|---|
| UTSAV RESIDENCY | GAT NO 1127 AVHALVADI ROAD WAGHOLI PUNE | 174 | Completed | Jun 2019 | Apr 2018 |
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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 16 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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Builder: ROYAL DEVELOPERS
ROYAL DEVELOPERS has 17 registrations on MahaRERA, including UTSAV RESIDENCY and Gurukripa Appartment. Its filings disclose 6 earlier MahaRERA projects: declares 6 of 6 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What does it mean that UTSAV BUSINESS CENTER shows as registration lapsed on MahaRERA?
A registration runs until the completion date the promoter declared. If the project is neither completed nor extended by then it lapses, and a de-registration or revocation ends it by order. In every case the promoter may no longer legally advertise, market or sell in the project, and the Authority can act under section 7 against a defaulting promoter. What it does not do is cancel an agreement for sale you have already signed, or extinguish your section 18 right to delay interest or refund; those run from your agreement, not from the registration. Get the current position from the promoter in writing, verify it on the MahaRERA portal, and take legal advice before paying any further instalment.
What are my rights if UTSAV BUSINESS CENTER is delayed beyond 30 Mar 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 UTSAV BUSINESS CENTER?
The registered promoter entity is ROYAL DEVELOPERS, 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 UTSAV 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 UTSAV 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 UTSAV BUSINESS CENTER?
The professionals named in the filing: Architect: PARVEZ JAMADAR & ASSOCIATES; Engineer: R K RANDHAVE CONSULTANT. 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 UTSAV 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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