MahaRERA Property Intelligence · Mumbai City

OLYMPIA TOWER

P51900049469 · Byculla · promoter Olympia Enterprises

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51900049469
Registered on14 Feb 2023
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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.

Builder Track Record

Across MahaRERA, Olympia Enterprises is the promoter of record on 2 projects, of which none currently 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.

Construction Progress

MahaRERA's cost filing puts construction at ~92.1% of the estimated project cost incurred as of the last certificate (₹20.90 Cr spent against a ₹22.70 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 39 homes filed with MahaRERA, 16 are sold/booked (12 with registered agreements + 4 booked) and 23 remain available (~41% sold) — selling steadily. Buyers have committed ₹17.65 Cr in agreement value so far. Of that, ₹14.71 Cr (~83%) is already collected, ₹2.93 Cr receivable — a read on how far along these sales really are. Note: the project registers 93 homes in total, but this sold/unsold inventory filing covers only 39 of them — the other 54 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 16 registered agreements, the effective carpet rate is ₹18,479/sqft (typical range ₹16,105–₹19,275) — 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 101001630 sqft (58.52 sqm)₹1.18 Cr
Floor 101002701 sqft (65.14 sqm)₹1.31 Cr
Floor 111102701 sqft (65.14 sqm)₹1.31 Cr
Floor 121201630 sqft (58.52 sqm)₹1.18 Cr
Floor 121202701 sqft (65.14 sqm)₹1.31 Cr
Floor 131301630 sqft (58.52 sqm)₹1.18 Cr
Floor 131302701 sqft (65.14 sqm)₹1.31 Cr
Floor 141401630 sqft (58.52 sqm)₹1.18 Cr
Floor 141402701 sqft (65.14 sqm)₹1.31 Cr
Floor 161601628 sqft (58.32 sqm)₹1.18 Cr
Floor 171701628 sqft (58.32 sqm)₹1.18 Cr
Floor 171702714 sqft (66.34 sqm)₹1.34 Cr
Floor 181802714 sqft (66.34 sqm)₹1.34 Cr
Floor 191901628 sqft (58.32 sqm)₹1.18 Cr
Floor 202001628 sqft (58.32 sqm)₹1.18 Cr
Floor 212102714 sqft (66.34 sqm)₹1.34 Cr
Floor 262602714 sqft (66.34 sqm)₹1.34 Cr
Floor 272704455 sqft (42.29 sqm)₹85.35 Lakh
Floor 282802714 sqft (66.34 sqm)₹1.34 Cr
Floor 292902655 sqft (60.85 sqm)₹1.23 Cr
Floor 292904455 sqft (42.29 sqm)₹85.35 Lakh
Floor 303002714 sqft (66.34 sqm)₹1.34 Cr
Floor 303004455 sqft (42.29 sqm)₹2.32 Cr

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+33 and 93 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
OLYMPIA TOWER C AND D WING1G+3393-

Unit mix on the filing: 85 residential and 8 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Dec 202531 Dec 2028approval from the competent authority

Location, Land & Connectivity

Located at Byculla , N.M. Joshi marg, Mumbai City, Mumbai City, 400008. Per the filed land record, the plot is bounded to the north by Property bearing C S No 2031, to the south by Property bearing C S No 2028, to the east by N M Joshi marg and to the west by Property bearing C S No 2044. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district2 km
Nariman Point / Fort6 km
Bandra Kurla Complex (BKC)10 km
Chhatrapati Shivaji Int'l Airport12 km
Andheri MIDC / SEEPZ17 km
Powai / Hiranandani business park17 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 Byculla

Kings Tower
possession by Sep 2026 · Mohammed Eshaq ALI Vadgama
Shelaji Avenues
possession by Dec 2026 · Ashirwad Shelaji Developers LLP
Al - Haram Residency
possession by Dec 2026 · M/s K. S. Hind Developers
Baug E Umar
possession by Dec 2026 · Mahanagar Constructions Private Limited
Golden Residency
possession by Dec 2026 · Golden Realty
Lakadawala Heights
possession by Dec 2026 · Aariaash Developers

Major developers building in Byculla

Other RERA-registered projects in Mumbai City

Om Gopal - Floor 3 To 9
declared completion Jun 2026 · Omkar Realtors And Developers Private Li
OM Gurukrupa SRA CHS Prop Phase 1
declared completion Dec 2022 · Moss Realtors Pvt Ltd
OM Heights
possession by Dec 2026 · S V Developers
OM Sahil Solitaire
declared completion Sep 2023 · M/s. OM Sahil Solitaire
OM SAI SRA CHS LTD
declared completion Dec 2025 · Riddhi Siddhi Developers
Om Sat
declared completion Dec 2019 · Shree Siddhi Developers

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