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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800022877

Vikhroli · Mumbai

Olympus

Vikhroli · by Vaibhavlaxmi Developers

Updated Sep 2026

145
Units
2024
Possession
1
Buildings
Certificate Signed
Status

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.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK561 ft²₹1.3 Cr—

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 WhatsApp

Olympus floor plans

2
Olympus, Vikhroli — floor plan 1Olympus, Vikhroli — floor plan 2

Floor 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 ▾
Olympus is a Residential Project Developed by the Vaibhavlaxmi Developers. It is located at Vikhroli East. Vikhroli East is well-connected to different parts of Mumbai. The Eastern Express Highway and the LBS Marg are major roadways that run through the area, facilitating easy travel to other parts of the city. 1.6km from Vikhroli Station and 1 km from Eastern Express Highway. Close proximity to the social infrastructure. The project offers 1 and 2 BHK Residences. Excellent features and calm neighbourhood. Residences with home automation. Amenities include children's play area, multipurpose court, rooftop area, yoga deck and many more. Ready possession OC Received.

Price vs Locality

₹23,172
/sqft · Vikhroli rate-band mid-point ₹37,500
38% below mid-point

Upcoming projects & infrastructure in Vikhroli

take an informed decision

13 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).

13
MahaRERA projects handing over in the next 5 years
in Vikhroli
₹33,300/sqft▼
typical asking price
easing this quarter
₹14,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Vikhroli by possession year
2
2027
3
2028
2
2029
3
2030
3
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Olympus
  • 🚇Line 4 GreenUnder construction · due 20270.2 km
  • 🚇Line 6 PinkUnder construction · due 20271.3 km
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.5 km
In the full Vikhroli report

🔒 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

Resale
₹28,535/sqft
median · 12 listings
Rent
₹109.4/sqft/mo
2 BHK ~₹100,000/mo
Gross yield
4.6%/yr
rent vs resale value

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)

ConfigurationCarpetIndicative Price
1 BHK351–397 ft²₹81 L–₹92 L
Shop135–400 ft²₹31 L–₹93 L
2 BHK560–561 ft²₹1.3 Cr–₹1.3 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2024
Project status
New
MahaRERA No.
P51800022877
Data last updated
Sep 2026
Registered
2021-09-08
Escrow Bank
AU SMALL FINANCE BANK LIMITED
Architect
Sachin Raje
Total FSI
8,000

Buildings · 1 wing

Olympus · 25 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation8%
Structure0%
Finishing0%
Services0%
See all 11 stages ▾
Excavation40%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Plinth0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

Amenities

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Vikhroli market context

Property Rates in Vikhroli

Residential · Sale
₹30,000–45,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹50,000–180,000/mo

Resale Flats for Sale in Vikhroli

4

Flats for Rent in Vikhroli

4

Commercial for Lease in Vikhroli

1

Commercial Projects in Vikhroli

More by Vaibhavlaxmi Developers

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.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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