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OLIVE RESIDENCY
RG-MH-13007 · RERA P52100021811 · Last updated on MahaRERA portal: 17 Dec 2021
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 3 other registrations.
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OLIVE RESIDENCY is a Residential / Group Housing project by S G DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100021811 on 29 Jul 2019. The registration is recorded completed; possession was promised by 24 Jan 2022.
At a glance
Project
- NameOLIVE RESIDENCY
- TypeResidential / Group Housing
- Location
- CHINCHWAD
- Mulshi
- Pune
- 411033
- Pincode411033
- RERA no.P52100021811
- ReraGenie IDRG-MH-13007
Builder
- NameS G DEVELOPERS
- Entity typePartnership
- PartnersSUMIT ASHOK CHINCHWADE, RAJENDRA TANAJI GAWADE
- Other registrations3 more →
- Completed2 of 4
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on29 Jul 2019
- Promised completion24 Jan 2022
- Revised completionNone
- Buildings1 building record
- Documents filed18 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| OLIVE RESIDENCY | NA | 6 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 17 Dec 2021, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
6 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 70%.
OLIVE RESIDENCY: 61% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 70% |
Progress on shared amenities15
As on 17 Dec 2021, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 80% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | Yes | 80% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 80% |
| Energy managemcnt | Yes | 80% |
| Fire protection and fire safety requirements | Yes | 80% |
| Electrical meter room, sub-station, receiving station | Yes | 80% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Land and ownership
MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners4
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | A V TAKIR |
| Engineer | Aakash Gawade |
| Engineer | Gensys Technologies Pvt. Ltd |
| Chartered Accountant | PGMJ AND ASSOCIATES |
| Partner | Role in project |
|---|---|
| S G DEVELOPERS | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 19 Jul 2019 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 19 Jul 2019 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 19 Jul 2019 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 19 Jul 2019Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 31 May 2021
Documents filed18
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Status of ConveyanceFile: OLIVE CONV DEED_organized_compressed-1-15.pdf | 17 Dec 2021 |
| Status of ConveyanceFile: OLIVE CONV DEED_organized_compressed-16-30.pdf | 17 Dec 2021 |
| Status of ConveyanceFile: OLIVE CONV DEED_organized_compressed-31-41.pdf | 17 Dec 2021 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: combinepdf__42_.pdf | 22 Jul 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Completion Certificate.PDF | 31 May 2021 |
| Architect’s Certificate on Completion of Project (Form 4)File: Form 04.PDF | 31 May 2021 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 scanned.pdf | 28 Feb 2021 |
| Certificates of CA (Form 3)File: FORM 3.pdf | 23 Jul 2019 |
| Proforma of Allotment letterFile: AGREEMENT.pdf | 23 Jul 2019 |
| Building plan approvalFile: BUILDING.pdf | 19 Jul 2019 |
| Layout approvalFile: LAYOUT.pdf | 19 Jul 2019 |
| PAN CardFile: PAN CARD.pdf | 19 Jul 2019 |
| Copy of the legal title reportFile: SEARCH TITLE.pdf | 19 Jul 2019 |
| Details of encumbrancesFile: Encumbrance.pdf | 19 Jul 2019 |
| Copy of Layout Approval (in case of layout)File: LAYOUT.pdf | 19 Jul 2019 |
| Building Plan Approval (IOD)File: BUILDING.pdf | 19 Jul 2019 |
| Commencement Certificates / NA Order for plotted developmentFile: COMMENCEMENT CERTIFICATE.pdf | 19 Jul 2019 |
| Declaration in FORM BFile: FORM B.pdf | 19 Jul 2019 |
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Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 3 other registrations, which the RERA portal never shows together
- All 18 filed documents as one ZIP, foldered, with a manifest
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Builder: S G DEVELOPERS
S & G DEVELOPERS has 4 registrations on MahaRERA, including VALENCIA and SHOURYA HEIGHTS. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if OLIVE RESIDENCY is delayed beyond 24 Jan 2022?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of OLIVE RESIDENCY?
The registered promoter entity is S G DEVELOPERS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in OLIVE RESIDENCY?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for OLIVE RESIDENCY?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at OLIVE RESIDENCY?
The professionals named in the filing: Architect: A V TAKIR; Engineer: Aakash Gawade; Engineer: Gensys Technologies Pvt. Ltd; Chartered Accountant: PGMJ AND ASSOCIATES. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in OLIVE RESIDENCY?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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