MahaRERA Property Intelligence · Raigarh

Zamzam Heights

PR1270002502748 · Panvel · promoter Olive Homes

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPR1270002502748
Registered on12 Mar 2026
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, Olive Homes is the promoter of record on 11 projects, of which 3 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 ~21.6% of the estimated project cost incurred as of the last certificate (₹1.78 Cr spent against a ₹8.25 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 29 homes filed with MahaRERA, 10 are sold/booked and 19 remain available (~34% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹4.14 Cr in agreement value so far. Of that, ₹73.50 Lakh (~18%) is already collected, ₹3.41 Cr receivable — a read on how far along these sales really are. Note: the project registers 67 homes in total, but this sold/unsold inventory filing covers only 29 of them — the other 38 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 10 registered agreements, the effective carpet rate is ₹8,500/sqft (typical range ₹8,500–₹8,501) — 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 1Flat No. 101604 sqft (56.11 sqm)₹29.74 Lakh
Floor 3Flat No. 302575 sqft (53.42 sqm)₹28.31 Lakh
Floor 3Flat No. 308368 sqft (34.19 sqm)₹18.12 Lakh
Floor 4Flat No. 401604 sqft (56.11 sqm)₹29.74 Lakh
Floor 4Flat No. 403391 sqft (36.32 sqm)₹19.25 Lakh
Floor 4Flat No. 405613 sqft (56.95 sqm)₹30.18 Lakh
Floor 5Flat No. 502575 sqft (53.42 sqm)₹28.31 Lakh
Floor 5Flat No. 504373 sqft (34.65 sqm)₹19.42 Lakh
Floor 5Flat No. 505613 sqft (56.95 sqm)₹30.18 Lakh
Floor 6Flat No. 603391 sqft (36.32 sqm)₹19.25 Lakh
Floor 6Flat No. 604373 sqft (34.65 sqm)₹18.36 Lakh
Floor 7Flat No. 702575 sqft (53.42 sqm)₹28.31 Lakh
Floor 7Flat No. 703391 sqft (36.32 sqm)₹19.25 Lakh
Floor 7Flat No. 704373 sqft (34.65 sqm)₹18.36 Lakh
Floor 7Flat No. 7051,000 sqft (92.9 sqm)₹49.24 Lakh
Floor 7Flat No. 707368 sqft (34.19 sqm)₹18.12 Lakh
Floor 7Flat No. 708308 sqft (28.61 sqm)₹15.16 Lakh
Ground/Floor 0Flat No. 01316 sqft (29.33 sqm)₹15.54 Lakh
Ground/Floor 0Flat No. 02142 sqft (13.19 sqm)₹6.99 Lakh

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+7 and 67 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Zam Zam Heights1G+767-

Unit mix on the filing: 63 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.

Location, Land & Connectivity

Located at Panvel, CTS No. 211/C/2, 212/1, 212, CTS No. 213/3-C, Panvel, Raigarh, 410206. Per the filed land record, the plot is bounded to the north by CTS No 211/C/2, to the south by CTS No. 213, 213/1, 213/2, to the east by M.G Road (15 mtrs Road 50 ft Road) and to the west by CTS No 213/3/C. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~25 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 park25 km
Bandra Kurla Complex (BKC)26 km
Chhatrapati Shivaji Int'l Airport28 km
Lower Parel / Worli business district29 km
Andheri MIDC / SEEPZ29 km
Nariman Point / Fort30 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 Panvel

Ambaji Residency
possession by Jul 2026 · Vishal Tukaram Patil
Bayview
possession by Jul 2026 · Skyline Realbuild LLP
Delta Heights
possession by Jul 2026 · Shreenathji Organisers Pvt. Ltd.
Micron Residency
possession by Jul 2026 · Micron Infra
Shree Mahadev Residency
possession by Jul 2026 · SK Developers
Aishwarya Cooperative Housing Society
possession by Aug 2026 · Royal Enterprises

Major developers building in Panvel

Other RERA-registered projects in Raigarh

Zara Hills
possession by Dec 2028 · Lakshmi Narayan Construction
Zayan Apartment
declared completion Jun 2022 · Ashiyana Builders AND Developers
Zayan Manzil
declared completion Jun 2025 · Ashiyana Builders AND Developers
Zehra Avenue
declared completion Jun 2024 · Sameerali Safarali Virani
Zehra Mansion
declared completion Dec 2025 · Sameerali Safarali Virani
Zehra Residency
declared completion Dec 2023 · Sameerali Safarali Virani

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