Vikhroli · Mumbai
Olympus
Vikhroli · by Vaibhavlaxmi Developers
Updated Sep 2026
VikhroliPhotos from the project record · tap to enlarge
A first look at Olympus
Olympus is a residential project by Vaibhavlaxmi Developers in Vikhroli, Mumbai 400083. It is registered with MahaRERA under P51800022877 (registered 2021-09-08). The project has 145 units across 1 building of up to 25 floors. It offers 2 BHK homes with carpet areas of 561 sq ft, priced ₹1.3 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹23,200 per sq ft. MahaRERA proposed possession: Dec 2024.
Ask an advisor to check current resale or rental availability.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppOlympus floor plans
2Floor plans are indicative, as shared by the developer, and subject to change.
About Olympus
Location
Olympus is located in Vikhroli, Mumbai 400083, in the Mumbai Suburban district. Across 12 recent resale listings on MPE, homes in Vikhroli have a median asking rate of ₹28,535 per sq ft, and a 2 BHK typically rents for about ₹1 Lac a month.
MahaRERA record
The MahaRERA registration number is P51800022877, issued on 8 September 2021. The registered promoter is Vaibhavlaxmi Builders And Developers. The filing lists 1 wing: Olympus over 25 floors. Per the registration, the architect on record is Sachin Raje and the project escrow account is with AU Small Finance Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 561 sq ft at ₹1.3 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,200 per sq ft of carpet, 19% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 8%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Dec 2024.
Developer track record
Vaibhavlaxmi Developers has 15 projects tracked on Mumbai Property Exchange, 13 of them delivered (ready or sold out). Other projects by the same developer include Queens Avenue, Queens Glory, Passcode Chembur Rising.
Buyer demand in Vikhroli
In the last 90 days, buyers and tenants registered 11 requirements for Vikhroli with Mumbai Property Exchange, 3 of them to buy and 4 specifically for 2 BHK homes.
Developer's description ▾
Price vs Locality
Upcoming projects & infrastructure in Vikhroli
take an informed decision13 MahaRERA projects are due to hand over in Vikhroli between 2027 and 2031; the nearest upcoming infrastructure to Olympus is the Line 4 Green, 0.2 km away (under construction · due 2027).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 4 GreenUnder construction · due 20270.2 km
- 🚇Line 6 PinkUnder construction · due 20271.3 km
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.5 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
Vikhroli — resale, rent & yield
This project is quoted around ₹23,172/sqft — 19% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
7Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsVikhroli market context
Property Rates in Vikhroli
Resale Flats for Sale in Vikhroli
4Flats for Rent in Vikhroli
4Commercial for Lease in Vikhroli
1Commercial Projects in Vikhroli
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MahaRERA projects nearby in Vikhroli
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Frequently Asked Questions
Where is Olympus located?
Olympus is in Vikhroli, Mumbai 400083.
What is the price of Olympus?
2 BHK homes are priced ₹1.3 Cr as on 09 Jul 2026, about ₹23,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Olympus offer?
2 BHK – 561 sq ft carpet at ₹1.3 Cr.
When is possession of Olympus?
As per MahaRERA, proposed possession is Dec 2024.
Is Olympus RERA-registered?
Yes — MahaRERA registration P51800022877, registered 2021-09-08.
How many units does Olympus have?
MahaRERA records 145 units across 4 buildings, up to 25 floors.
Who is the developer of Olympus?
Vaibhavlaxmi Developers — 15 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vikhroli?
13 MahaRERA-registered projects in Vikhroli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Olympus?
Line 4 Green — under construction · due 2027, 0.2 km away; Line 6 Pink — under construction · due 2027, 1.3 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.5 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.


