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Registered No litigation declared Others project

Sayba Olympia

By Star Shine

RG-MH-17856 · RERA P51800055430 · Last updated on MahaRERA portal: 15 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 1 other registration and every project registered within 2 km.

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Dec 2026Possession promisedno revision filed
6 of 33Construction stages doneacross 8 buildings; furthest along: Excavation, 40%
270 of 289Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 94 documents Report an error

Sayba Olympia is a Others project by Star Shine in Mumbai Suburban, Maharashtra, registered with MahaRERA as P51800055430 on 22 Mar 2024. Possession is promised by 31 Dec 2026. 19 of the 289 units on this registration are recorded sold or booked, and 6 of 33 construction stages are filed complete.

At a glance

Project

  • NameSayba Olympia
  • TypeOthers
  • Location
    • Pipe Line Road
    • Thakur Raghuraj Singh Marg
    • Kurla
    • Mumbai Suburban
    • 400070
  • Pincode400070
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51800055430
  • ReraGenie IDRG-MH-17856

Builder

  • NameStar Shine
  • Entity typePartnership
  • PartnersRajhans Dhananjay Singh, Nitesh Rajhans Singh, Ismail Yakub Payak
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredMar 2024PromisedDec 2026

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on22 Mar 2024
  • Promised completion31 Dec 2026
  • Revised completionNone
  • Buildings8 building records
  • Documents filed94 files

Current status

7%19 of 289 units booked

Figures as on 15 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A WingNA8658058
B WingNA661670167
C WingNA101064064
Sayba OlympiaA Wing86000
Sayba OlympiaB Wing66000
Sayba OlympiaC WING108000
Sayba OlympiaD Wing88000
Sayba OlympiaD1 Wing66000

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 building8

As on 15 May 2026, 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 33 construction stages are filed complete across 8 buildings. The stage furthest along is Excavation, at 40%.

A Wing28%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor10%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
B Wing29%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor15%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
C Wing9%
ActivityProgress
Excavation40%
Basement (if any)30%
Podiums (if any)0%
Plinth30%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
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.0%
Sayba Olympia · wing A WingNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable
Sayba Olympia · wing B WingNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable
Sayba Olympia · wing C WINGNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable
Sayba Olympia · wing D WingNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable
Sayba Olympia · wing D1 WingNot stated
ActivityProgress
ExcavationNot applicable
Basement (if any)Not applicable
Podiums (if any)Not applicable
PlinthNot applicable
Stilt FloorNot applicable
Slabs of Super StructureNot applicable
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/PremisesNot applicable
Sanitary Fittings within the flats / premisesNot applicable
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water TanksNot applicable
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.Not applicable
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.Not applicable

Progress on shared amenities15

As on 15 May 2026, 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 facilityProposedProgress
Internal Roads & FootpathsNoNot applicable
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsYes0%
Landscaping & Tree PlantingYes0%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterYes0%
Solid Waste Management And DisposalYes0%
Water conservation /Rain water harvestingYes0%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed108

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.

Total parking slots108
Closed/Covered93
Open Space15
BuildingClosed/CoveredOpen SpaceTotal
A Wing311546
B Wing31031
C Wing31031

Land and ownership6

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area6,282 sq m
Land owned byThe promoter, with other names on the file
Named landowners6
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on26 Jun 2026
LandownerVillageDistrict
Mr Paramhans Dhananjay SinghKurlaMumbai Suburban
Mr Nilesh Dhananjay SinghKurlaMumbai Suburban
Mr Rakesh Dhananjay SinghKurlaMumbai Suburban
Mrs Anita Rakesh SinghKurlaMumbai Suburban
Mrs Suman Ajit ThakurKurlaMumbai Suburban
Mr Rajhans Dhananjay SinghKurlaMumbai Suburban

Approvals and building plan

Sanctioning authorityMCGM
Permissible FSI19998.45
Proposed, not sanctioned13,574 sq m
Buildings approved4
Buildings sanctioned3

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.

Separate project accountDeclared
Bank branch1st Floor, Gol Building, Belgrami Road, Kurla West, Mumbai-400070

Certifying professionals and partners4

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectArchitect Kaushal Chouhan
EngineerAssociated Structural Engineers LLP
EngineerHabib Ansari
Chartered AccountantR A N K & Associates Chartered Accountants
PartnerRole in project
Star Shine-

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.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 1 Mar 2024
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 1 Mar 2024
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 1 Mar 2024
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 1 Mar 2024Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 31 Dec 2026

Documents filed94

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 94 are shown. 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.

DocumentUploaded
Form 1File: Form 1 Sayba Olympia March 2026.pdf15 May 2026
Form 2File: Form 2 Sayba Olympia March 2026.pdf15 May 2026
Form 3File: Form 3 as on 31032026 Sayba Olympia.pdf15 May 2026
Disclosure of Sold and Booked InventoryFile: Sayba Olympia Sold Unsold 31032026.pdf15 May 2026
Form 2A (FY 2025-2026)File: Form 2A Sayba Olympia 2025-2026.pdf18 Apr 2026
Form 1File: Form 1 Sayba Olympia Dec 2025.pdf23 Mar 2026
Form 2File: Form 2 Sayba Olympia Dec 2025.pdf23 Mar 2026
Form 3File: Signed Form 3_Sayba Olympia_31 12 2025.pdf23 Mar 2026
Disclosure of Sold and Booked InventoryFile: Sold Ulsold Sayba Olympia_Q3.pdf23 Mar 2026
Form 1File: Form 1 Sayba Olympia Sept 2025.pdf30 Dec 2025
Form 2File: Form 2 Sayba Olympia Sept 2025.pdf30 Dec 2025
Form 3File: Signed Form 3 Sayba Olympia 30 09 2025.pdf30 Dec 2025
Disclosure of Sold and Booked InventoryFile: Sayba Olympia Sold Unsold Inventory 30 09 2025_compressed.pdf30 Dec 2025
Form 1File: Form 1 Sayba Olympia June 2025.pdf23 Sep 2025
Form 2File: Form 2 Sayba Olymoia June 2025.pdf23 Sep 2025
Form 3File: Form 3 as on 30062025Sayba Olympia.pdf23 Sep 2025
Disclosure of Sold and Booked InventoryFile: Disclosure of sold Booked Inventory as on 30062025.pdf23 Sep 2025
Form 2A (FY 2023-2024)File: Form 2A Sayba Olympia 2023-24.pdf13 Aug 2025
Form 2A (FY 2024-2025)File: Form 2A Sayba Olympia 2024-25.pdf13 Aug 2025
Form 1File: Form 1.pdf11 Jun 2025
Form 2File: Form 2.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: DOS.pdf11 Jun 2025
Self-declaration of Quarterly ProgressFile: Self Declaration QR.pdf11 Jun 2025
Form 3File: Form 3.pdf11 Jun 2025
Form 1File: Form 1.pdf11 Jun 2025
Form 2File: Form 2.pdf11 Jun 2025
Form 3File: Form 3.pdf11 Jun 2025
Disclosure of Sold and Booked InventoryFile: DOS.pdf11 Jun 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Olympia_31032024_11zon.pdf26 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Olympia_30062024_11zon.pdf26 Dec 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form1_Olympia_33092024_11zon.pdf26 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 as on 30062024 Sayba OlympiaSigned final.pdf26 Dec 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 as on 30092024 Sayba OlympiaSigned_Final.pdf26 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_Olympia_30062024_compressed.pdf26 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form2_Olympia_30092024_compressed.pdf26 Dec 2024
Disclosure of sold/ booked inventoryFile: Sayba Olympia_300624_11zon.pdf26 Dec 2024
Disclosure of sold/ booked inventoryFile: Sayba Olympia_300924_11zon.pdf26 Dec 2024
Other - TechnicalFile: 35 RSP To whomsoever it may concern_Built-up letter.pdf12 Mar 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3_Signed_compressed.pdf2 Mar 2024
Building plan approvalFile: 12 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 13 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 14 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Layout approvalFile: 1 Copy of Layout Approval (in case of layout).pdf1 Mar 2024
Building plan approvalFile: 1 Copy of Layout Approval (in case of layout).pdf1 Mar 2024
Building plan approvalFile: 1 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 2 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 3 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 4 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 5 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 6 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 7 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 8 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 9 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 10 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building plan approvalFile: 11 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
PAN CardFile: 1 PAN Card.pdf1 Mar 2024
Copy of the legal title reportFile: Title Report Final Star Shine 123.pdf1 Mar 2024
Details of encumbrances concerned to FinanceFile: 1 a Details of encumbrances concerned to Finance.pdf1 Mar 2024
Details of encumbrances concerned to FinanceFile: 2 b Details of encumbrances concerned to Legal.pdf1 Mar 2024
Details of encumbrances concerned to LegalFile: 1 a Details of encumbrances concerned to Finance.pdf1 Mar 2024
Details of encumbrances concerned to LegalFile: 2 b Details of encumbrances concerned to Legal.pdf1 Mar 2024
Copy of Layout Approval (in case of layout)File: 1 Copy of Layout Approval (in case of layout).pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 1 Copy of Layout Approval (in case of layout).pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 1 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 2 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 3 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 4 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 5 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 6 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 7 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 8 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 9 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 10 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 11 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 12 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 13 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Building Plan Approval / NA Order for plotted developmentFile: 14 Building Plan Approval _ NA Order for plotted development.pdf1 Mar 2024
Commencement Certificates / NA Order for plotted developmentFile: 1 Commencement Certificates _ NA Order for plotted development.pdf1 Mar 2024
Declaration about Commencement CertificateFile: Format D.pdf1 Mar 2024
Declaration in FORM BFile: 1 Declaration in FORM B.pdf1 Mar 2024

How this compares with Mumbai Suburban

7%of this project is bookeddistrict median 30%
33%of Mumbai Suburban projects moved their completion datethis one has not
21%of Mumbai Suburban registrations have lapsed or been cancelledthis one is on the register

Computed across the 6,700+ Mumbai Suburban projects on ReraGenie, from their own filings.

Free monthly report: Mumbai on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Thakur Raghuraj Singh Marg6,700+ in Mumbai Suburban

2 kmSayba OlympiaCompleted 102Lapsed / revoked 107Other 124Dot size: filed unitsN

Filed coordinates, straight-line distance. 333 registered projects within 2 km.

Builder: Star Shine

Star Shine has 2 registrations on MahaRERA, including Sayba Olympia and Sayba Badr. Its filings disclose 1 earlier MahaRERA project, none completed yet. Read the full track record. See more projects on the Mumbai Suburban district page.

Frequently asked questions

What are my rights if Sayba Olympia is delayed beyond 31 Dec 2026?

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 Sayba Olympia?

The registered promoter entity is Star Shine, 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 Sayba Olympia?

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 Sayba Olympia?

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 Sayba Olympia?

The professionals named in the filing: Architect: Architect Kaushal Chouhan; Engineer: Associated Structural Engineers LLP; Engineer: Habib Ansari; Chartered Accountant: R A N K & Associates Chartered Accountants. 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 Sayba Olympia?

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.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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