Raheja Exotica Downtown
MahaRERA · the public record
ELYSIA
ARAAM NAGAR, YARI ROAD, VERSOVA · OLIVE DEVELOPERS
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5units filed as unsoldInventory · 20 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
21registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2027
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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The details behind the headline.
MahaRERA · P51800077562
Delivery and registration
When is the project declared for completion?
ELYSIA is registered with MahaRERA as P51800077562 and the promoter has declared completion for 31 Dec 2027.
31 Dec 2027
declared completion
15months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51800077562 |
| Registered on | 11 Oct 2024 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 15 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for ELYSIA record 5 quarterly progress reports since registration.
5quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 5 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Olive Developers is the promoter of record on 11 projects registered with MahaRERA, 3 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
11projects
registered with MahaRERA
3flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In ELYSIA, ₹15.16 Cr of a declared ₹26.10 Cr estimated project cost is reported as incurred, about 58.1%, as at the last certified filing with MahaRERA.
58.1%
₹15.16 Cr
of ₹26.10 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In ELYSIA, 5 of 10 homes filed with MahaRERA are recorded as sold or booked, about 50%, and 5 remain available.
50%sold
5 of 10 homes
₹14.47 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹12.04 Cr (about 83%) is recorded as collected and ₹2.43 Cr as receivable. The project registers 21 homes in total, while this sold/unsold inventory filing covers 10 of them.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 5 registered agreements, the effective carpet rate is ₹34,119/sqft, with eight in ten falling between ₹26,746 and ₹37,449 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.
| Floor | Unit | Carpet | Govt reckoner value |
|---|---|---|---|
| Floor 3 | 302 | 916 sqft (85.1 sqm) | ₹2.03 Cr |
| Floor 3 | 304 | 791 sqft (73.49 sqm) | ₹1.75 Cr |
| Floor 4 | 404 | 791 sqft (73.49 sqm) | ₹1.75 Cr |
| Floor 5 | 503 | 748 sqft (69.5 sqm) | ₹1.74 Cr |
| Floor 5 | 504 | 791 sqft (73.49 sqm) | ₹1.84 Cr |
The inventory filing also declares: 6 not for sale.
What the filings record, home by home
Read from MahaRERA on 20 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 5 homes carry one, and 5 of the 16 are recorded unsold.
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In ELYSIA, 0 of the 5 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+8 and 21 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ELYSIA | 1 | G+8 | 21 | - |
Unit mix on the filing: 21 residential.
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Legal & Litigation
The promoter has declared 6 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Of Judicature At Bombay | S/181/2018 | 2018 | For Hearing And Final Disposal |
| High Court Of Judicature At Bombay | AO/214/2018 | 2018 | For Admission |
| City Civil Court Dindoshi | S/1505/2017 | 2017 | For Service Of Notice Of Motion |
| City Civil Court Dindoshi | S/2587/2021 | 2021 | Order On Chamber |
| City Civil Court Dindoshi | S/2589/2021 | 2021 | Recording Of Evidence |
| Metropolitan Magistrate Court Andheri | SW/436/2022 | 2022 | For Argument |
Location, Land & Connectivity
Located at ARAAM NAGAR, YARI ROAD, VERSOVA, D. MART LANE, NEXT TO GARDEN, Mumbai City, Mumbai City, 400061. Per the filed land record, the plot is bounded to the north by ADJ PLOT 1111B AND 1111C, to the south by ADJ PLOT 1107, to the east by 18-30 M WIDE DP ROAD and to the west by ADJ PLOT 1107. These are the boundaries as recorded in the filed land record.