MahaRERA Property Intelligence · Pune

DWARKA BUSINESS SQUARE

P52100080816 · CHAKAN · promoter Naiknavare Housing Developments

Certificate SignedDue 31 Mar 2028

Delivery & Registration

MahaRERA registrationP52100080816
Registered on11 Jul 2025
Promoter-declared completion31 Mar 2028
Current statusCertificate Signed
Against today20 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Naiknavare Housing Developments is the promoter of record on 34 projects, of which none currently carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~12.9% of the estimated project cost incurred as of the last certificate (₹2.54 Cr spent against a ₹19.74 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 190 homes filed with MahaRERA, 70 are sold/booked and 120 remain available (~37% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹15.51 Cr in agreement value so far. Of that, ₹2.83 Cr (~18%) is already collected, ₹12.58 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 70 registered agreements, the effective carpet rate is ₹14,829/sqft (typical range ₹9,435–₹21,574) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+5 and 190 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
DWARKA BUSINESS SQUARE1G+5190-

Unit mix on the filing: 190 non-residential (shops/offices).

Complaints & Orders

3 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
SM1260006522/01/2026Ram Gawali vs NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD.order passed
SM1260007022/01/2026Ram Gawali vs NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD.order passed
SM1260007122/01/2026Ram Gawali vs NAIKNAVARE HOUSING DEVELOPMENTS PVT. LTD.order passed

Location, Land & Connectivity

Located at CHAKAN, CHAKAN TALEGAON ROAD , Pune City, Pune, 410501. Per the filed land record, the plot is bounded to the north by 12 METER WIDE INTERNAL ROAD, to the south by ADJACENT GAT NUMBER 113, to the east by 24 METER WIDE PROPOSED D P ROAD and to the west by DWARKA BLDG NUMBER 10. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Naiknavare Housing Developments Pvt. Ltd. is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Naiknavare Housing Developments Pvt. Ltd.

Naiknavare Housing Developments Pvt. Ltd.
FlaggedPune

Other RERA-registered projects in Chakan

Vallabh Heights
possession by Sep 2026 · G R Developers
Shree Samarth Shrushti
possession by Sep 2026 · Jagdamba Developers
Swapnapurti Heights
Not filing quarterly progress reports · possession by Oct 2026 · B R Developers
Richmond
possession by Oct 2026 · Coral Shubh Builders
Mungase Towers
possession by Dec 2026 · Mr Santosh Vasudev Mungase
Chakan High Street
possession by Dec 2026 · Chakan Business HUB LLP

Major developers building in Chakan

Other RERA-registered projects in Pune

Dwarka Heights
declared completion Dec 2025 · Vinod Premchand Chandwani
Dwarka Heights
declared completion Aug 2025 · Jadhav Civil Project
Dwarka Homes
declared completion Dec 2019 · Kailash Bhagwandas Duseja
Dwarka House
declared completion Nov 2022 · Sandeep Sambhaji Godase
Dwarka Project 1
declared completion Dec 2018 · Naiknavarehousingdevelopementspvtltd
Dwarka Project 4
declared completion Dec 2019 · Naiknavarehousingdeveloperspvtltd

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026