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OLIVE RESIDENCY
RG-MH-48397 · RERA P51700013056 · Last updated on MahaRERA portal: 6 Oct 2022
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 every project registered within 2 km.
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OLIVE RESIDENCY is a Others project by GOODWILL PROPERTIES in Thane, Maharashtra, registered with MahaRERA as P51700013056 on 14 Sep 2017. The registration is recorded completed; possession was promised by 30 Dec 2021.
At a glance
Project
- NameOLIVE RESIDENCY
- TypeOthers
- Location
- Thane (M Corp.)
- Thane
- 400615
- Pincode400615
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51700013056
- ReraGenie IDRG-MH-48397
Builder
- NameGOODWILL PROPERTIES
- Entity typePartnership
- PartnerNAJEEB SULEMAN MULLA
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on14 Sep 2017
- Promised completion30 Dec 2021
- Revised completionNone
- Buildings1 building record
- Documents filed49 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| OLIVERESIDENCY | NA | 9 | 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 6 Oct 2022, 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.
9 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
OLIVERESIDENCY: 82% 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 | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 6 Oct 2022, 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 | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 100% |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | No | Not applicable |
| 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 | 100% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 100% |
Parking filed5
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AKRUTI CONSULTANT |
| Engineer | TECH LINE CONSULTANT |
| Partner | Role in project |
|---|---|
| GOODWILL PROPERTIES | - |
Litigation declared1
| Case | Court | Status |
|---|---|---|
| 406/2013 | Civil Judge Senior Division Thane | WRITTEN STATEMENT TO BE FILED BY RESPONDENTS |
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 15 Aug 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 7 Sep 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Aug 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 15 Aug 2017Confirm 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 6 Oct 2022
Documents filed49
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 |
|---|---|
| Declaration about Commencement CertificateFile: RERA CLOSING FORM NO D.pdf | 6 Oct 2022 |
| Disclosure of sold/ booked inventoryFile: RERA CLOSING SOLD AND UNSLOD LIST.pdf | 6 Oct 2022 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Occupation certificate.pdf | 6 Oct 2022 |
| Architect’s Certificate on Completion of Project (Form 4)File: RERA CLSONG FORM NO 4.pdf | 6 Oct 2022 |
| Status of Formation of Legal Entity (Society/Co Op etc.)File: OLIVE RESIDENCY REGISERATION CERTIFICATE.pdf | 6 Oct 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: ENGINER CERTIFICATE FORM NO 02 FY 19-20 Final.pdf | 18 Feb 2022 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: Engineer Certificate final Less 1MB.pdf | 18 Feb 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Annual Auidt Report of Statutory CA (Form 5) (FY 2019-20) Final.pdf | 8 Feb 2022 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Annual Audit Report of Stautory CA (Form 5) (FY 2020-21) Final.pdf | 8 Feb 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Final Rera.pdf | 14 Aug 2021 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate final.pdf | 14 Aug 2021 |
| Certificates of CA (Form 3)File: Rera Certificate CA Final.pdf | 14 Aug 2021 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Architect final Completion Certificate.pdf | 14 Aug 2021 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: akruti consultant.pdf | 30 Sep 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Tech line certificate March To May 2020.pdf | 30 Sep 2020 |
| Certificates of CA (Form 3)File: Form No 05 CA March to may2020.pdf | 30 Sep 2020 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: ARCHITECT CERTIFICATE DEC19 To Feb-20.pdf | 22 Sep 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM NO 002 ENGINEERS Dec-19 To Feb-20.pdf | 22 Sep 2020 |
| Certificates of CA (Form 3)File: FORM NO 003 CA DEC-19 TO FEB-20.pdf | 22 Sep 2020 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM NO 002 ENGINEERS Dec-19 To Feb-20.pdf | 25 Jul 2020 |
| Certificates of CA (Form 3)File: FORM NO 003 CA DEC-19 TO FEB-20.pdf | 25 Jul 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Annual Audit Report of Statutory CA (Form 5) (FY 2017-18).pdf | 7 Jul 2020 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)_compressed (1).pdf | 7 Jul 2020 |
| Certificates of CA (Form 3)File: CA CERTIFICATE_compressed (1).pdf | 7 Feb 2020 |
| Certificates of CA (Form 3)File: Slouandmick19092004010_compressed.pdf | 25 Sep 2019 |
| Certificates of CA (Form 3)File: Slouandmick19092004011.pdf | 25 Sep 2019 |
| Certificates of CA (Form 3)File: CA Certificate (3).pdf | 16 Apr 2019 |
| Certificates of CA (Form 3)File: C A Certificate.pdf | 5 Feb 2019 |
| Certificates of CA (Form 3)File: CA Certificate 05-10-2018.pdf | 13 Oct 2018 |
| Certificates of CA (Form 3)File: CA certificate-.pdf | 19 May 2018 |
| Certificates of CA (Form 3)File: ca certificate.pdf | 23 Jan 2018 |
| Proforma of Allotment letterFile: RERA - Olive Residency.pdf | 23 Jan 2018 |
| OtherFile: rcc certificate.pdf | 23 Jan 2018 |
| Details of encumbrancesFile: encumbrance.pdf | 9 Sep 2017 |
| Declaration in FORM BFile: form b.pdf | 9 Sep 2017 |
| Proforma of Allotment letterFile: RERA - Olive Residency 1.pdf | 9 Sep 2017 |
| Proforma of Allotment letterFile: Allotment letter.pdf | 9 Sep 2017 |
| Certificates of CA (Form 3)File: ca form 3.pdf | 8 Sep 2017 |
| Layout approvalFile: 1.pdf | 7 Sep 2017 |
| Layout approvalFile: 2.pdf | 7 Sep 2017 |
| Layout approvalFile: 3.pdf | 7 Sep 2017 |
| Copy of Layout Approval (in case of layout)File: 1.pdf | 7 Sep 2017 |
| Copy of Layout Approval (in case of layout)File: 2.pdf | 7 Sep 2017 |
| Copy of Layout Approval (in case of layout)File: 3.pdf | 7 Sep 2017 |
| Building plan approvalFile: comencement certificate.pdf | 15 Aug 2017 |
| PAN CardFile: pancard (goodwill properties.pdf | 15 Aug 2017 |
| Copy of the legal title reportFile: Title report (2017)-min.pdf | 15 Aug 2017 |
| Building Plan Approval (IOD)File: comencement certificate.pdf | 15 Aug 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: comencement certificate.pdf | 15 Aug 2017 |
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- All 49 filed documents as one ZIP, foldered, with a manifest
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See every Thane project, with the district possession charts
Builder: GOODWILL PROPERTIES
GOODWILL PROPERTIES has 1 registration on MahaRERA, including OLIVE RESIDENCY. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if OLIVE RESIDENCY is delayed beyond 30 Dec 2021?
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 GOODWILL PROPERTIES, 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: AKRUTI CONSULTANT; Engineer: TECH LINE CONSULTANT. 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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