MahaRERA Property Intelligence · Raigarh

Olympeo Neo City

P52000014181 · Neral · promoter Priztine Infra Llp

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP52000014181
Registered on13 Nov 2017
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 ~36.5% of the estimated project cost incurred as of the last certificate (₹11.43 Cr spent against a ₹31.31 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 812 homes filed with MahaRERA, 291 are sold/booked (261 with registered agreements + 30 booked) and 521 remain available (~36% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹30.30 Cr in agreement value so far. Of that, ₹20.63 Cr (~68%) is already collected, ₹9.68 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 291 registered agreements, the effective carpet rate is ₹4,750/sqft (typical range ₹3,914–₹5,482) — 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+4 and 812 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A11G+450-
A21G+450-
A31G+450-
A41G+450-
A51G+450-
A61G+450-
A71G+450-
A81G+450-
B11G+455-
B21G+455-
B31G+455-
B41G+455-
B51G+455-
B61G+455-
B71G+455-
Commercial Plaza1G+127-

Unit mix on the filing: 785 residential and 27 non-residential (shops/offices).

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000039605503/06/2023SANJAY SADASHIV SOLIM vs PRIZTINE INFRA LLPorder passed
CC1250272104/08/2025Mahtab Khurshid Shaikh vs PRIZTINE INFRA LLPorder passed
CC1250288917/08/2025Amar Dhurandhar vs PRIZTINE INFRA LLPorder passed
CC1250387705/11/2025Jaimini Sarkar vs PRIZTINE INFRA LLPorder passed
CC1260042623/01/2026Mayur Shivaji Jadhav vs PRIZTINE INFRA LLPpending / no order on file
CC1260042823/01/2026SANDESH PANDURANG KANAL vs PRIZTINE INFRA LLPpending / no order on file

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 times. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
30 Dec 202230 Dec 2023The project is under construction with Civil and Infrastructure work in progress, with 2 buildings (Building A8 & Building A5) complete and ready for possession, but progress of re
30 Dec 202230 Dec 2024The project is under construction with Civil and Infrastructure work in progress, with 3 buildings (Building A8, Building A4 & Building A5) complete and ready for possession, but p
30 Dec 202231 Dec 2027The project is under construction with civil and infrastructure work in progress. Three buildings (A8, A4 & A5) are completed and ready for possession. However, the project is yet

Location, Land & Connectivity

Located at Neral, Maniwali, Panvel, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by Manivali Village, to the south by Avsare Village, to the east by ZP Road and to the west by Mohili Village. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~46 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Powai / Hiranandani business park46 km
Bandra Kurla Complex (BKC)49 km
Andheri MIDC / SEEPZ49 km
Chhatrapati Shivaji Int'l Airport50 km
Lower Parel / Worli business district54 km
Nariman Point / Fort56 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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Major developers building in Neral

Other RERA-registered projects in Raigarh

Olympeo Retreat - Phase 1
declared completion Jun 2025 · Paradiso Realty Solutions LLP
Olympeo Retreat - Phase 2
possession by Dec 2026 · Paradiso Realty Solutions LLP
Olympeo Riverside - Phase 1
declared completion Jun 2018 · Olympeo Riverside Projects LLP
Olympeo Riverside - Phase 2
declared completion Oct 2023 · Olympeo Riverside Projects LLP
Olympeo Riverside - Phase 3
possession by Dec 2028 · Olympeo Riverside Projects LLP
Olympus
possession by Dec 2032 · Persipina Developers Private Limited

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