Vikhroli · Mumbai
Olympus
Vikhroli · by Vaibhavlaxmi Developers
Updated Oct 2026
VikhroliPhotos from the project record · tap to enlarge
At a glance
swipe →- Line 4 Green0.2 km
- Line 6 Pink1.3 km
- Line 14 (Kanjurmarg-Badlapur/Ambernath)1.5 km
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). Olympus is sold out by the developer; ask MPE for resale or rental flats in this building. 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. MahaRERA proposed possession: Dec 2024.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Olympus floor plans
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 37 recent resale listings on MPE, homes in Vikhroli have a median asking rate of ₹30,000 per sq ft, and a 2 BHK typically rents for about ₹65,000 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, 23% 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 14 requirements for Vikhroli with Mumbai Property Exchange, 7 of them to buy and 3 specifically for 2 BHK homes.
Developer's description ▾
Vikhroli market
prices, rents & ratesPrice vs locality
Vikhroli — resale, rent & yield
This project is quoted around ₹23,172/sqft — 23% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Vikhroli
Upcoming projects & infrastructure in Vikhroli
take an informed decision42 MahaRERA projects are due to hand over in Vikhroli between 2026 and 2030; the nearest upcoming infrastructure to Olympus is the Line 4 Green, 0.2 km away (under construction · due 2027).
- 🚇Line 4 GreenUnder construction · due 20270.2 km
- 🚇Line 6 PinkUnder construction · due 20271.3 km
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.5 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Vikhroli, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 561 sq ft at ₹1.30 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹97.5 L here), released stage by stage, so your own money is about ₹32.5 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹84,600/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
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 optionsResale Flats for Sale in Vikhroli
4
Flats for Rent in Vikhroli
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Frequently Asked Questions
Where is Olympus located?
Olympus is in Vikhroli, Mumbai 400083.
What is the price of Olympus?
Olympus is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Olympus offer?
2 BHK – 561 sq ft carpet.
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 3 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?
42 MahaRERA-registered projects in Vikhroli are due for possession between 2026 and 2030, 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.
