MahaRERA Property Intelligence · Pune

Olympiodoros Phase - II

P52100025577 · Lonavala · promoter Neel Buildcon

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP52100025577
Registered on01 Jul 2020
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Neel Buildcon is the promoter of record on 160 projects, of which 8 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 ~53.2% of the estimated project cost incurred as of the last certificate (₹15.53 Cr spent against a ₹29.20 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 13 homes filed with MahaRERA, 0 are sold/booked and 13 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

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
Ground/Floor 0A2/A1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0A2/b1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0A3/A1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0A3/b1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0A4/A1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0A4/b1,545 sqft (143.55 sqm)₹80.10 Lakh
Ground/Floor 0B2/A1,383 sqft (128.52 sqm)₹71.71 Lakh
Ground/Floor 0B2/b1,383 sqft (128.52 sqm)₹71.71 Lakh
Ground/Floor 0C21,549 sqft (143.91 sqm)₹80.30 Lakh
Ground/Floor 0C31,549 sqft (143.91 sqm)₹80.30 Lakh
Ground/Floor 0D11,336 sqft (124.12 sqm)₹69.26 Lakh
Ground/Floor 0D21,336 sqft (124.12 sqm)₹69.26 Lakh
Ground/Floor 0D41,336 sqft (124.12 sqm)₹69.26 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+4 and 10 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A2 Type1G+31-
A3 Type1G+31-
A4 Type1G+31-
B2 Type1G+41-
C2 Type1G+31-
C3 Type1G+31-
D1 Type1G+41-
D2 Type1G+41-
D4 Type1G+41-
A 2 Type1G+31-
A3 Type1G+31-
A4 Type1G+31-
B2 Type1G+41-

Unit mix on the filing: 13 residential.

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 Lonavala, Old Khandala Road , Panvel, Raigarh, 410401. Per the filed land record, the plot is bounded to the north by Old Khandala Road, to the south by CTS No 377 Part, to the east by CTS No 374 and 377 and to the west by 372 378 and 377. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~43 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Hinjewadi Rajiv Gandhi IT Park43 km
Baner–Balewadi belt48 km
Pune Junction / city centre59 km
Pune Int'l Airport (Lohegaon)61 km
Kharadi / EON IT Park64 km
Magarpatta / Hadapsar IT64 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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Builder track record

Neel Buildcon is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Neel Buildcon

Other RERA-registered projects in Lonavala

Vogue 25
possession by Oct 2026 · Goodbrick Realty Private Limited
Doodle Homes
possession by Dec 2026 · Doodle Homes LLP
Amoda Reserve - South Park
possession by Dec 2026 · Kalpataru Properties Private Limited
Atarkya Apartment
possession by Dec 2026 · Ankush Narayan Chaudhari
Bliss Estates
possession by Dec 2026 · Benjamin Michael Manuel
Hill Spring Enclave 4
Deregistered by MahaRERA · possession by Dec 2026 · S & S Associates

Other RERA-registered projects in Pune

Om Arcade
declared completion May 2026 · Shankar Bhagaji Gadage
OM Balaji Builders AND Developers
declared completion Sep 2020 · OM Balaji Builders & Developers
OM Bhagyashree Construction
declared completion Sep 2018 · Ajitkumar Suresh Londhe
Om Building Chs Ltd
possession by Mar 2029 · Dhanlaxmi Associates
OM Capital
declared completion Jun 2023 · OM Associates
OM Capital
declared completion Mar 2025 · OM Associates

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 Pune RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026