MahaRERA Property Intelligence · Thane

Olethia Business Spaces

P51700030588 · MIDC Wagle Esate · promoter Subham Enterprises

Certificate SignedDue 31 Dec 2024

Delivery & Registration

MahaRERA registrationP51700030588
Registered on01 Sep 2021
Promoter-declared completion31 Dec 2024
Current statusCertificate Signed
Against todayabout 19 months past 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, Subham Enterprises is the promoter of record on 6 projects, of which 4 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.

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+7.

BuildingWingsFloorsDeclared completion
Olethia Business Spaces1G+7-

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at MIDC Wagle Esate, Plot No. A-184 & 185 Road No.16 Z Wagle Estate, Thane, Thane, 400604. Per the filed land record, the plot is bounded to the north by Plot No A-185, to the south by Plot No A-183, to the east by Plot No A-193 and to the west by Estate Road No 2. 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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Other RERA-registered projects in Wagle Estate

Urban Villa
possession by Jul 2026 · Yash Infra
One Wagle
possession by Oct 2026 · Sagar Nirman Spaces
Bhairaav Milestone Phase II
possession by Dec 2026 · Sharpmind Consultancy Services Private L
Aura Business Center
possession by Dec 2026 · AUM Developers
Centura Square
possession by Dec 2026 · Supper Squarefeet Infraventures LLP
O22 Business Park
possession by Dec 2026 · Midas Touch

Other RERA-registered projects in Thane

Olive
declared completion Jun 2018 · Dinsha Builders AND Developers Private L
Olive-1
declared completion Dec 2019 · JVM Enterprise
Olive - Phase III - Pranjee Garden City
declared completion Jun 2026 · Pranjee Properties Pvt. Ltd
Olive Residency
declared completion Dec 2021 · Goodwill Properties
Olivia Bliss
possession by Dec 2026 · Jai Bhawani Orchid Infra LLP
Olivia Prime
declared completion Jun 2022 · Skyline Buildpro

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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

Last checked against the RERA register: 27 Jul 2026