130 m awayResidential / Group Housing
Sahavihar
Navalakha Choradiya Associates · Pune · Pune City
Feb 2025registered
Apr 2027target completion
Government Guidance Rate₹58,077/sq ydScale19 flatsAuthorityMahaRERA
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01
Complete project overview
MahaRERA · Registration filing- Units
- 77 units
- Floors
- 13
- Buildings
- 2
- Parking
- 47 spaces
- Land area
- 1,786 sq m
- Sanctioned built-up
- 7,653 sq m
Timeline
RERA registeredJun 2023
Proposed completionDec 2026
TodaySep 2026
Construction progressPer-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
Podiums0%
Stilt floor0%
Flat fit-out0%
OC-readiness0%
Internal Roads & F…0%
Water Supply0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Street Lighting0%
Water conservation…0%
Fire protection an…0%
Electrical meter r…0%
External finishes20%
Internal finishes40%
Stairs & lifts50%
Superstructure75%
Excavation100%
Basement (if any)100%
Plinth100%
02
Builder’s track record
MahaRERA · Builder registrationGrowstone Ventures LLP
PartnershipPromoter type
Pune, MAHARASHTRABased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location
MahaRERA · Registration filing- This project
- 192 new projects last year
- 1,799 nearby projects
- Village
- Pune (M Corp.)
- Taluka
- Pune City
- District
- Pune
- Pincode
- 411005
- Survey no.
- CTS No 1187, Final Plot No 548, Plot No 66+68, JM Road, Bhamburda, Shivajinagar, Haveli
- North boundary
- By PMC Road
- East boundary
- By Jangli Maharaj Road
- South boundary
- By CTS No 1187 Part
- West boundary
- By PMC Road
What’s nearby
Schools8 schools within 1km · 16 educational institutions within 1km · College or university 765m away
HealthcareHospital 335m away · 25 clinics within 1km · Doctor's clinic within 1km
Lifestyle1 park within 500m · Gym or sports centre 410m away · 71+ restaurants and cafes within 1km
ShoppingSupermarket 1.2km away · Convenience store within 1km · Bank 44m away
Getting around
Expressway 550 m · Dr. Rajendra Prasad PathPrimary road 83 m · Jangli Maharaj PathRailway line 943 mMetro station 383m away (Chhatrapati Sambhaji Udyan)Bus stop within 500m
Water & environment
Water body 236 mRiver 578 m · Mutha
distances only — not a flood assessment04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryA building already stood within ~24 m of the recorded location in 2016 — before this project started in 2023. The yearly view ends in 2023, so it does not cover this project's own construction; see the 2026 image.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~24 m of the filed location.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- A building is first visible in 2016.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- Site is a ~24 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
- The yearly site view ends in 2023, before this project started in 2023.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Maharashtra IGR — Annual Statement of RatesIn Maharashtra it’s called the ready reckoner rate.
₹58,077per sq yd
₹69,460per sq m
- Which rate
- residential flat (built)
- Matched to
- The middle rate across the 103 divisions of “Pune (M Corp.)” — the city's middle, not this project's own division.
- In force
- 2026-2027 schedule
- Spread
- ₹27,183 – ₹1,50,076 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of city, and says so above. How Horizon decides what to show.
06
Planning authority
MahaRERA · Approved building planBuilding Permit
Survey no. CTS No 1187, Final Plot No 548, Plot No 66+68, JM Road, Bhamburda, Shivajinagar, Haveli
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
The approving body, at scale
Pune Municipal Corporation
Municipal corporationHas approved 1,863 RERA projects — about 1 in 11 in Maharashtra.
an apartments market — 99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 1,351
- On record
- 9,749 flats · 439 plots
- Reach
- 3 districts
- Since
- 2017
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
07
Complaints & litigation
MahaRERA · public recordNone on record with MahaRERA against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to MahaRERA- Litigation
- None declared to MahaRERA
The builder's own declaration at registration — not a court's or MahaRERA's finding. A flagged line is worth checking with MahaRERA.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with MahaRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km3,194 residential projects still under way within 25 km. Step out ring by ring:
Of the 1,799 projects the radar draws within 6 km — every kind, every stage — 634 are residential projects still under way. This list keeps only those, and looks further out.
38 projects within 1 km — showing the nearest 6.
370 m awayOthers
Buttepatil Capital
BUTTEPATIL PROPERTIES · Pune · Pune City
Jun 2024registered
Dec 2026target completion
Government Guidance Rate₹58,077/sq ydScale26 flatsAuthorityMahaRERA
400 m awayResidential / Group Housing
DEVESH ENCLAVE
DEVESH DEVELOPERS JOINT VENTURE · BOPODI GAOTHAN
Oct 2024registered
Dec 2026target completion
Scale17 flatsAuthorityMahaRERA
480 m awayOthers
Shree Gauri
Shree Omkareshwar Developers · Pune · Pune City
Sep 2023registered
Jun 2027target completion
Government Guidance Rate₹58,077/sq ydScale49 flatsAuthorityMahaRERA
500 m awayMixed
YASHODHAN CO-OPERATIVE HOUSING SOCIETY
FORTUNE DEVELOPERS · Pune · Pune City
Oct 2024registered
Mar 2028target completion
Government Guidance Rate₹58,077/sq ydScale56 flatsAuthorityMahaRERA
610 m awayOthers
OPULENCE TOWERS
NABAR ASSOCIATES · Pashan · Haveli
Jul 2023registered
Dec 2027target completion
Government Guidance Rate₹74,056/sq ydScale21 flatsAuthorityMahaRERA
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with MahaRERA, as the builder submitted it.
- 02Builder's track record
- MahaRERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location
- Address and pincode: the MahaRERA filing.
- Coordinates: as filed with MahaRERA.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- Maharashtra IGR — Annual Statement of Rates.
- 06Planning authority
- MahaRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- MahaRERA's public record lists no complaints or litigation for this project.
- 08Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/gbs-business-hub-pune-m-corp-pune-city-84gt88fx.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.