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OLYMPUS TOWERS

P99000053989 · MahaRERA · https://gethorizon.in/projects/olympus-towers-vasai-virar-city-m-cmamdk61

01

Complete project overview

MahaRERA · Registration filing
Units
355 units
Floors
30
Buildings
4
Parking
319 spaces
Land area
1,641 sq m
Sanctioned built-up
14,831 sq m

Timeline

RERA registeredDec 2023
Proposed completionJun 2028
TodaySep 2026
Construction progress
Basement (if any)0%
Podiums0%
Flat fit-out0%
External finishes0%
OC-readiness0%
Sewerage (Chamber,…0%
Storm Water Drains0%
Landscaping & Tree…0%
Treatment And Disp…0%
Solid Waste Manage…0%
Water conservation…0%
Energy managemcnt0%
Fire protection an…0%
Electrical meter r…0%
Open Parking0%
Internal finishes14%
Water Supply35%
Stairs & lifts41%
Superstructure59%
Excavation100%
Plinth100%
Stilt floor100%
Per-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
02

Builder’s track record

MahaRERA · Builder registration

Majesty Developers

PartnershipPromoter type
Thane, MAHARASHTRABased in
2Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
416 homeson the public record across 2 projects
24,829 sq mbuilt-up filed
7,168 sq mland declared
₹45.60 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Vadodara Urban Development AuthorityUrban Development Authority1 of 2 projects
Vasai Virar City Municipal CorporationMunicipal Corporationthis project1 of 2 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from Majesty Developers— the full portfolio →

03

Location

MahaRERA · Registration filing
Village
Vasai-Virar City (M Corp)
Taluka
Vasai
District
Palghar
Pincode
401208
Survey no.
275/1 and 275/2
North boundary
Sector 1 Building No 9 Wing F and G
East boundary
18 Meters Road
South boundary
Sector 1 Building No 2 Wing D
West boundary
Sector 1 Building No 2 Wing A
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.6 km · Mumbai Delhi HighwayPrimary road 1.1 km · Vasai RoadRailway line 2.0 kmRailway station 2.1km away (Vasai Road)Limited bus connectivity nearby
Water & environment
River 196 mWater body 211 m
distances only — not a flood assessment
04

Government Guidance Rate

Maharashtra IGR — Annual Statement of Rates

In Maharashtra it’s called the ready reckoner rate.

₹30,017per sq yd
₹35,900per sq m
Which rate
residential flat (built)
Matched to
The middle rate across the 91 divisions of “Vasai-Virar City (M Corp)” — the city's middle, not this project's own division.
In force
2026-2027 schedule
Spread
₹17,308₹69,733 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Maharashtra’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of city, and says so above. How Horizon decides what to show.
05

Planning authority

MahaRERA · Approved building plan

Vasai Virar City Municipal Corporation

Municipal Corporation
Building Permit
Survey no. 275/1 and 275/2
The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Vasai Virar City Municipal Corporation

Municipal corporation

Has approved 627 RERA projects3.1% of Maharashtra.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
513
On record
8,010 flats · 60 plots
Reach
2 districts
Since
2017

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by MahaRERA

07

Other projects nearby

The register · within 25 km

1,876 residential projects still under way within 25 km. Step out ring by ring:

Of the 899 projects the radar draws within 6 km — every kind, every stage — 388 are residential projects still under way. This list keeps only those, and looks further out.

31 projects within 1 km — showing the nearest 6.

90 m awayOthers

Agarwal Sky Heights

Shreenath Realtors · Vasai-Virar City · Vasai

Dec 2023registered
Dec 2029target completion
Government Guidance Rate₹30,017/sq ydScale1,187 flatsAuthorityMahaRERA
220 m awayResidential / Group Housing

Ditya Luxuria

Ditya Construction Company · Vasai-Virar City · Vasai

Jan 2023registered
Dec 2028target completion
Government Guidance Rate₹30,017/sq ydAuthorityMahaRERA
220 m awayResidential / Group Housing

AYODHYA NAGARI -1

Veer Global Infraconstruction Limited · Vasai-Virar City · Vasai

Mar 2026registered
Dec 2031target completion
Government Guidance Rate₹30,017/sq ydScale84 flatsAuthorityMahaRERA
220 m awayResidential / Group Housing

NICON VISTA- BUILDING NO. 8, WING G AND H

VEER HIGHLANDS LLP · Vasai-Virar City · Vasai

Sep 2023registered
Dec 2027target completion
Government Guidance Rate₹30,017/sq ydScale189 flatsAuthorityMahaRERA
230 m awayResidential / Group Housing

Nakshatra Veda

JSB HOMEMAKERS PVT LTD · Vasai-Virar City · Vasai

Nov 2022registered
Dec 2027target completion
1 open complaintGovernment Guidance Rate₹30,017/sq ydScale340 flatsAuthorityMahaRERA
230 m awayResidential / Group Housing

Nakshatra Veda II

JSB HOMEMAKERS PVT LTD · Vasai-Virar City · Vasai

Jan 2023registered
Dec 2026target completion
Government Guidance Rate₹30,017/sq ydScale514 flatsAuthorityMahaRERA

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.