MahaRERA Property Intelligence · Mumbai Suburban

Olive

P51800053667 · Kandivali West · promoter Abdul Hamid Mapkhan

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51800053667
Registered on21 Nov 2023
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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.

Construction Progress

MahaRERA's cost filing puts construction at ~0.5% of the estimated project cost incurred as of the last certificate (₹26.78 Lakh spent against a ₹49.58 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 145 homes filed with MahaRERA, 107 are sold/booked (102 with registered agreements + 5 booked) and 38 remain available (~74% sold) — selling steadily. Buyers have committed ₹76.93 Cr in agreement value so far. Of that, ₹56.38 Cr (~73%) is already collected, ₹20.55 Cr receivable — a read on how far along these sales really are. Note: the project registers 151 homes in total, but this sold/unsold inventory filing covers only 145 of them — the other 6 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 107 registered agreements, the effective carpet rate is ₹7,377/sqft (typical range ₹6,019–₹12,196) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 131301951 sqft (88.37 sqm)₹1.30 Cr
Floor 131306951 sqft (88.36 sqm)₹1.30 Cr
Floor 171701951 sqft (88.37 sqm)₹1.30 Cr
Floor 171706951 sqft (88.36 sqm)₹1.30 Cr
Floor 181801951 sqft (88.37 sqm)₹1.30 Cr
Floor 2204502 sqft (46.62 sqm)₹68.44 Lakh
Floor 2205825 sqft (76.69 sqm)₹1.13 Cr
Floor 2Office713 sqft (66.28 sqm)₹1.12 Cr
Floor 222205732 sqft (68.05 sqm)₹99.90 Lakh
Floor 222206951 sqft (88.36 sqm)₹1.30 Cr
Floor 232301951 sqft (88.37 sqm)₹1.30 Cr
Floor 232302732 sqft (68.05 sqm)₹99.90 Lakh
Floor 232305732 sqft (68.05 sqm)₹99.90 Lakh
Floor 232306951 sqft (88.36 sqm)₹1.30 Cr
Floor 242402732 sqft (68.05 sqm)₹99.90 Lakh
Floor 242403502 sqft (46.62 sqm)₹68.44 Lakh
Floor 242404502 sqft (46.62 sqm)₹68.44 Lakh
Floor 242405732 sqft (68.05 sqm)₹99.90 Lakh
Floor 242406951 sqft (88.36 sqm)₹1.30 Cr
Floor 252501951 sqft (88.37 sqm)₹1.30 Cr
Floor 252502732 sqft (68.05 sqm)₹99.90 Lakh
Floor 252503502 sqft (46.62 sqm)₹68.44 Lakh
Floor 252504502 sqft (46.62 sqm)₹68.44 Lakh
Floor 252505732 sqft (68.05 sqm)₹99.90 Lakh
Floor 252506951 sqft (88.36 sqm)₹1.30 Cr
Floor 262602732 sqft (68.05 sqm)₹99.90 Lakh
Floor 262603502 sqft (46.62 sqm)₹68.44 Lakh
Floor 262604502 sqft (46.62 sqm)₹68.44 Lakh
Floor 262605732 sqft (68.05 sqm)₹99.90 Lakh
Floor 262606951 sqft (88.36 sqm)₹1.30 Cr
Floor 272701951 sqft (88.37 sqm)₹1.30 Cr
Floor 272702732 sqft (68.05 sqm)₹99.90 Lakh
Floor 272703502 sqft (46.62 sqm)₹68.44 Lakh
Floor 272704502 sqft (46.62 sqm)₹68.44 Lakh
Floor 272705732 sqft (68.05 sqm)₹99.90 Lakh
Floor 272706951 sqft (88.36 sqm)₹1.30 Cr
Floor 8801899 sqft (83.48 sqm)₹1.23 Cr
Floor 8806857 sqft (79.64 sqm)₹1.17 Cr

⚠ The inventory filing also declares: 6 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+29 and 151 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No - 21G+29151-

Unit mix on the filing: 147 residential and 4 non-residential (shops/offices).

Complaints

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

Legal & Litigation

The promoter has declared 4 court cases on this project to MahaRERA. 4 are still pending. 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court282016Pending
High Court302016Pending
High Court4402017Pending
High Court2722018Pending

Location, Land & Connectivity

Located at Kandivali West, Bunder Pakhadi , Andheri, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by CTS No - 200B, to the south by CTS No -200A and 212, to the east by CTS No - 200A and to the west by CTS No - 205 and 207. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ10 km
Powai / Hiranandani business park13 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district25 km
Nariman Point / Fort33 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 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 Kandivali West

Primrose
possession by Jul 2026 · Kaustubh Construction Private Limited
Harmony
possession by Aug 2026 · Shreenath Associates
Laxmi Heights
possession by Sep 2026 · M/S Laxmi Lifespaces
Mahavir Majesty
possession by Sep 2026 · Mahavir Builders
Neelam CHS LTD
possession by Sep 2026 · Sapriya Developers
Alok
possession by Sep 2026 · Shree Dhanesh Buildcon

Major developers building in Kandivali West

Other RERA-registered projects in Mumbai Suburban

Olivia
declared completion Dec 2022 · Nahar Builders LTD
Olympia A B
declared completion Dec 2025 · Nirmal Developer
Olympia C D
declared completion Dec 2025 · Nirmal Developers
Olympus
declared completion Dec 2024 · Vaibhavlaxmi Builders And Developers
OM Aarti
declared completion Dec 2025 · C H Patil AND Sons LLP
OM Amar Shakti
possession by Dec 2027 · Shree Shakti Realty

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 Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026