Olympeo Riverside Projects LLP
MahaRERA Property Intelligence · Raigarh
P52000002440 · Neral · promoter Olympeo Riverside Projects
| MahaRERA registration | P52000002440 |
| Registered on | 01 Aug 2017 |
| Promoter-declared completion | 31 Oct 2023 |
| Current status | Certificate Signed |
| Against today | about 33 months past the declared date |
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.
Across MahaRERA, Olympeo Riverside Projects is the promoter of record on 3 projects, of which 1 carries 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.
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.
| Building | Wings | Floors | Declared completion |
|---|---|---|---|
| C1 | 1 | G+7 | 30 Jun 2019 |
| C2 | 1 | G+7 | 30 Jun 2019 |
2 complaints are on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000220914 | 22/04/2022 | KISHOR MANOHAR PENDHARKAR vs OLYMPEO RIVERSIDE PROJECTS LLP | order passed |
| CC12600632 | 03/02/2026 | Shakeel Ahmed Shaikh vs Olympeo Riverside Projects LLP | pending / no order on file |
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 |
|---|---|---|
| 31 Oct 2023 | 29 Jun 2020 | The project is in advance stage of completion and Civil and Infrastructure works have completed/nearing completion. Currently Finishing and Landscaping work is in progress. The pr |
| 31 Oct 2023 | 30 Jun 2022 | Project has been delayed due to COVID 19 and its associated issues such as slow disbursement from bank, job losses at customer end, labour shortage etc. |
| 31 Oct 2023 | 31 Oct 2023 | We have completed Civil and finishing works of both buildings and have applied for OC. Since, OC is taking some time, request you to please provide extension till 31 Oct 23 to enab |
Located at Neral, Awasare, Panvel, Raigarh, 410101. Per the filed land record, the plot is bounded to the north by Mohili Village, to the south by Birdole Village, to the east by Avsare Village and to the west by Ulhas River and Shelu Village. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~45 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 45 km |
| Bandra Kurla Complex (BKC) | 48 km |
| Andheri MIDC / SEEPZ | 49 km |
| Chhatrapati Shivaji Int'l Airport | 49 km |
| Lower Parel / Worli business district | 53 km |
| Nariman Point / Fort | 56 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.
🔒 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.
🔒 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.
Should you buy in Olympeo Riverside - Phase 2?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Olympeo Riverside Projects LLP is the promoter on 3 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
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