Home / Browse projects / Thane, Maharashtra / The Olive
The Olive
RG-MH-07575 · RERA P51700054790 · Last updated on MahaRERA portal: 8 Jun 2026
Source: official MahaRERA filing
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Red flags
- Rs 60.00 crore secured on the land, in favour of HDFC Bank Limited
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
1 condition is on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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The Olive is a Commercial project by Ekatva Buidcon in Thane, Maharashtra, registered with MahaRERA as P51700054790 on 12 Feb 2024. Possession is promised by 31 Dec 2028. 59 of the 146 units on this registration are recorded sold or booked, and 4 of 11 construction stages are filed complete.
At a glance
Project
- NameThe Olive
- TypeCommercial
- Location
- Thane (wagle) Industrial Area
- Thane (M Corp.)
- Thane
- 400604
- Pincode400604
- RERA no.P51700054790
- ReraGenie IDRG-MH-07575
Builder
- NameEkatva Buidcon
- Entity typePartnership
- GSTIN27AAJFE7219G1ZC
- PartnersJignesh Satra, Niket Shah, Hiren Chheda, Navin Bauva
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on12 Feb 2024
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed122 files
Current status
Figures as on 8 Jun 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| The Olive | NA | 28 | 25 | 0 | 146 | 146 |
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 8 Jun 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.
4 of 11 construction stages are filed complete. The stage furthest along is Slabs of Super Structure, at 65%.
The Olive: 42% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 65% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| 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. | 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% |
Progress on shared amenities15
As on 8 Jun 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| 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 | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed293
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
A declared charge means a lender has a claim over the project land. Ask the promoter for a no-objection certificate from the lender named above before you pay any amount.
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.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| The Olive | NA | Rs 100.00 cr | Rs 47.65 cr |
| - | NA | Rs 27.00 cr | - |
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 | Dhruv Patel |
| Engineer | Dharmendra Patel |
| Chartered Accountant | Vikram Viresh Bhate |
| Chartered Accountant | Pooja Ramsurat Prajapati |
| Partner | Role in project |
|---|---|
| Ekatva Buildcon | - |
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 18 Jan 2024 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Jan 2024 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 30 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 30 Nov 2024Confirm the Commencement Certificate covers the specific floor you are buying. - 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 2028
Documents filed122
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 122 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.
| Document | Uploaded |
|---|---|
| Form 1File: form 1- 31-03-2024- with promoter sign.pdf | 8 Jun 2026 |
| Form 2File: Form- 2 Q4- FY 2023-24.pdf | 8 Jun 2026 |
| Form 3File: Scaned Form 3_compressed.pdf | 8 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventroy Q4 23-24.pdf | 8 Jun 2026 |
| Form 1File: form 1- 30-06-2024- with Promoter sign.pdf | 8 Jun 2026 |
| Form 2File: Form 2- 30-06-2024- with promoter sign.pdf | 8 Jun 2026 |
| Form 3File: Form No 3- C A Certificate till 30-06-2024.pdf | 8 Jun 2026 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of Sold Unsold Inventory Q1 24-25.pdf | 8 Jun 2026 |
| Withdrawal Update Form 1File: Q3- FY 2025-26- Withdrawal Application Form1 Olive.pdf | 8 Jun 2026 |
| Withdrawal Update Form 1File: Q4- FY 2025-26- Withdrawal Application Form1 Olive.pdf | 8 Jun 2026 |
| Withdrawal Update Form 2File: Form-2 31-12-2025 Olive.pdf | 8 Jun 2026 |
| Withdrawal Update Form 2File: Form-2 31-03-2026 Olive.pdf | 8 Jun 2026 |
| Withdrawal Update Form 3File: Q3- FY 2025-26 Withdrawal Application Form3.pdf | 8 Jun 2026 |
| Withdrawal Update Form 3File: Q4- FY 2025-26 Withdrawal Application Form3.pdf | 8 Jun 2026 |
| Withdrawal Update Form 1File: Q3- FY 2025-26- Withdrawal Application Form1 Olive.pdf | 6 Jun 2026 |
| Withdrawal Update Form 2File: Form-2 31-12-2025 Olive.pdf | 6 Jun 2026 |
| Withdrawal Update Form 3File: Q3- FY 2025-26 Withdrawal Application Form3.pdf | 6 Jun 2026 |
| Form 1File: RERA Form-1.pdf | 27 Mar 2026 |
| Form 2File: RERA Form-2.pdf | 27 Mar 2026 |
| Form 3File: RERA Form-3.pdf | 27 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold_ booked inventory.pdf | 27 Mar 2026 |
| Form 1File: Form - 1- Q3 - 31-12-2024.pdf | 27 Mar 2026 |
| Form 2File: Form - 2 - Q3 - FY 2024-25.pdf | 27 Mar 2026 |
| Form 3File: Form - 3 - Q3 - FY 2024-25.pdf | 27 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: Discl of Sold and Unsold sheet.pdf | 27 Mar 2026 |
| Form 1File: form 1_31-03-2025 final.pdf | 27 Mar 2026 |
| Form 2File: Form 2 - 31-03-2025- Final.pdf | 27 Mar 2026 |
| Form 3File: Final Form-3.pdf | 27 Mar 2026 |
| Disclosure of Sold and Booked InventoryFile: sold unsod 31-03-2025- final.pdf | 27 Mar 2026 |
| Form 5 (FY 2023-2024)File: Final Ekatva Buildcon-Form 5 FY 23-24.pdf | 13 Feb 2026 |
| Form 5 (FY 2024-2025)File: Signed Ekatva Buildcon Form 5 24-25.pdf | 13 Feb 2026 |
| Form 1File: Form 1.pdf | 29 Oct 2025 |
| Form 2File: Form 2.pdf | 29 Oct 2025 |
| Form 3File: Final Form 3 (Ekatva Buildcon) Q2 - FY 2025-2026.pdf | 29 Oct 2025 |
| Disclosure of Sold and Booked InventoryFile: Sold Unsold Sheet.pdf | 29 Oct 2025 |
| Form 1File: form 1.pdf | 19 Jul 2025 |
| Form 2File: form 2.pdf | 19 Jul 2025 |
| Form 3File: Final form 3.pdf | 19 Jul 2025 |
| Disclosure of Sold and Booked InventoryFile: Disclosure of sold unsold inventory .pdf | 19 Jul 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1_31-03-2025 final.pdf | 25 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final Form-3.pdf | 25 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 - 31-03-2025- Final.pdf | 25 Apr 2025 |
| Disclosure of sold/ booked inventoryFile: sold unsod 31-03-2025- final.pdf | 25 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 31-12-2024-with promoter sign.pdf | 28 Jan 2025 |
| Disclosure of sold/ booked inventoryFile: Discl of Sold and Booked sheet.pdf | 28 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 30-09-2024- with promoter sign.pdf | 27 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 31-03-2024- with promoter sign.pdf | 27 Jan 2025 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Final Form-3A - quality assurance certificate- 2023-24 with promoter sign.pdf | 27 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 30-06-2024- with Promoter sign.pdf | 22 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 31-12-2024-with promoter sign.pdf | 22 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: form 1- 30-09-2024- with promoter sign.pdf | 22 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form -3 - Q3 - FY 2024-25.pdf | 22 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- 30-09-2024 - with promoter sign.pdf | 22 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: from 2- 31-12-2024- with promoter sign.pdf | 22 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2- 30-06-2024- with promoter sign.pdf | 22 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form-2.pdf | 18 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold - 13-11-2024.pdf | 5 Dec 2024 |
| Building plan approvalFile: Revised Plan-1.pdf | 30 Nov 2024 |
| Building plan approvalFile: Revised Plan-2.pdf | 30 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3- REVISED CERTIFICATE.pdf | 30 Nov 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: B-40 and B 40-1 CC letter-1.pdf | 30 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised Plan-1.pdf | 30 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Revised Plan-2.pdf | 30 Nov 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form-2A- QUALITY ASSURANCE CERTIFICATE.pdf | 27 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Final Ekatva Buildcon-Form 5 FY 23-24.pdf | 22 Nov 2024 |
| Details of encumbrances concerned to FinanceFile: Encumbrances - 14-11-2024.pdf | 19 Nov 2024 |
| Details of encumbrances concerned to LegalFile: Encumbrances - 14-11-2024.pdf | 19 Nov 2024 |
| Proforma of Agreement for saleFile: Draft Agreement to Sale.pdf | 19 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form- 1 Q2- FY 2024-25.pdf | 13 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form- 1 Q1- FY 2024-25.pdf | 13 Nov 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form- 1 Q4- FY 2023-24.pdf | 13 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form No 3 C A Certificate -30-09-2024.pdf | 13 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form No 3- C A Certificate till 30-06-2024.pdf | 13 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form- 2 Q2- FY 2024-25.pdf | 13 Nov 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form- 2 Q1- FY 2024-25.pdf | 13 Nov 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Scaned Form 3_compressed.pdf | 6 May 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: CC Verification.pdf | 5 Feb 2024 |
| Other - LegalFile: B40 Lease Deed.pdf | 29 Jan 2024 |
| Other - LegalFile: B40-1 Lease deed.pdf | 29 Jan 2024 |
| Other - LegalFile: Deed of Assignment EKATVA BUILDCON AND MEHTA 11zon.pdf | 29 Jan 2024 |
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Buyer report
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- 1 condition on this project's record read and explained, with the clear checks alongside
- All 122 filed documents as one ZIP, foldered, with a manifest
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Builder: Ekatva Buidcon
Ekatva Buidcon has 1 registration on MahaRERA, including The Olive. 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 The Olive is delayed beyond 31 Dec 2028?
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 The Olive?
The registered promoter entity is Ekatva Buidcon, a partnership as per the filing. Its GSTIN 27AAJFE7219G1ZC can be cross-checked on the MCA and GST portals. 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 The Olive?
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 The Olive?
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 The Olive?
The professionals named in the filing: Architect: Dhruv Patel; Engineer: Dharmendra Patel; Chartered Accountant: Vikram Viresh Bhate; Chartered Accountant: Pooja Ramsurat Prajapati. 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 The Olive?
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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