Is Vaibhavlaxmi Olympus RERA registered?

Yes, purchasing apartment at Vaibhavlaxmi Olympus is legally safe, as the project has a possession status of Ready to Move and is registered under RERA with registration number P51800022877. Being a completed development, it significantly reduces construction, delivery, and compliance risks compared to under-construction projects

What documentation should I get from the builder for my flat in Vaibhavlaxmi Olympus?

Key documents include the sale deed, approved layout plan, OC copy, RERA certificate, possession letter (dated Dec 2024), and property tax receipts for Vaibhavlaxmi Olympus.

Can I rent out my flat in Vaibhavlaxmi Olympus immediately after purchase?

Yes, since Vaibhavlaxmi Olympus is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 192 and connectivity indices.

What is the possession or handover date of Vaibhavlaxmi Olympus?

The possession or handover date of Vaibhavlaxmi Olympus is Dec 2024. Since the project has a possession status of Ready to Move, buyers can take possession soon after completing the purchase and registration formalities.

Does Vaibhavlaxmi Olympus have an Occupancy Certificate (OC)?

Yes, Vaibhavlaxmi Olympus has received its Occupancy Certificate, confirming that the project is legally approved for residential use.

Vaibhavlaxmi Olympus Vikhroli East, Mumbai | Price List, Floor Plan, Reviews & RERA Details

Name: Vaibhavlaxmi Olympus
Brand: Vaibhav Laxmi Builders and Developers
SKU: SQY

About Vaibhavlaxmi Olympus

Vaibhavlaxmi Olympus is a luxurious residential complex that offers superior living standards and a world-class environment. It is situated in the heart of Mumbai Central Suburbs and spread over 0.25 acres. The units are offered in 1 BHK-2 BHK apartments that range in size from 351 sqft to 561 sqft. The project is well connected to Eastern Express Highway at 3 minutes walk and is close to Rajiv Gandhi Maidan, Vikhroli Railway Station and other important areas of the city.

Vaibhavlaxmi Olympus Price List

Unit Type (Carpet)	Price*
2 BHK Apartment 561 Sq. Ft	₹ 1.20 Cr	Check Availability
1 BHK Apartment 351 Sq. Ft	₹ 75.01 Lac	Check Availability
1 BHK Apartment 397 Sq. Ft	₹ 84.84 Lac	Check Availability

Vaibhavlaxmi Olympus Recent Updates

Last Update: Jun 2026

Jun 2026

A total of 1 residential transactions has been registered so far for Vaibhavlaxmi Olympus, amounting to ₹ 1 till June 2026.

Mar 2026

Rent in Vaibhavlaxmi Olympus ranges from ₹ 30 K to ₹ 44 K with options available for 1 BHK, 2 BHK.

Dec 2025

During Q4'2025, average property prices for Vaibhavlaxmi Olympus moved from ₹ 22,200/sqft to ₹ 22,800/sqft, reflecting a 2.70% rise.

Dec 2025

Structural Works reach 10% completion.

Sep 2025

During Q3'2025, average property prices for Vaibhavlaxmi Olympus moved from ₹ 21,600/sqft to ₹ 22,200/sqft, reflecting a 2.78% rise.

Aug 2022

Structural Works reach 8% completion.

Nov 2019

Olympus, developed by VaibhavLaxmi Builders and Developers, officially launched on 01-Nov-2019 and expected to complete by 30-Dec-2024. Registered under RERA No. P51800022877. The project comprises 1 towers and offers 145 residential units, including SHOP, 1 BHK, 2 BHK, with unit sizes ranging from 129 to 560 Square feet across a total area of 0.25 Acre.

Vaibhavlaxmi Olympus Floor Plans

1 BHK
2 BHK

351 sq.ft ₹ 75.01 Lac
397 sq.ft ₹ 84.84 Lac
561 sq.ft ₹ 1.20 Cr

1 BHK 351 Sq. Ft. Apartment

₹ 75.01 Lac

₹ 52.07 K EMI

1 BHK 397 Sq. Ft. Apartment

₹ 84.84 Lac

₹ 58.9 K EMI

2 BHK 561 Sq. Ft. Apartment

₹ 1.20 Cr

₹ 83.23 K EMI

Vaibhavlaxmi Olympus Photos & Videos

Vaibhavlaxmi Olympus Project Thumbnail Image

+8 Photos

Vaibhavlaxmi Olympus Amenities

Power Backup
24 x 7 Security
CCTV / Video Surveillance
Fire Fighting Systems
Lift
Intercom Facility
Kids' Play Areas / Sand Pits
Yoga Areas
Badminton Court(s)
Party Hall
Normal Park / Central Green

Vaibhavlaxmi Olympus Specifications

Master Bedroom-Flooring	Vitrified Tiles
Other Bedrooms-Flooring	Vitrified Tiles
Living Area-Flooring	Vitrified Tiles
Bathroom	Premium Bath Fittings

Nearby Landmarks - Vaibhavlaxmi Olympus

Nearby Places

Abhay International School
School

0.3 km
Vikhroli Court
Bus Stop

0.3 km
Sai Pooja Hospital
Hospital

0.3 km

Is Vaibhavlaxmi Olympus Right for You?

Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.

For Families

Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.

Abhay International School within walking distance
Sai Pooja Hospital nearby for healthcare access
Ravidranath Tagore Udyan nearby for outdoor time

Check Travel Time

Connecting Roads - Vaibhavlaxmi Olympus

JogeshwariVikroli Link Road ~ 0.655 Kms

Vaibhavlaxmi Olympus RERA Details

P51800022877 Olympus Rera Url : https://maharerait.maharashtra.gov.in/project/view/26361

Square Yards RERA Reg. A51800000454

Price Rates & Insights for Vaibhavlaxmi Olympus

Quarter	Child Rate	Parent Rate
Mar 2026	21250	28700
Dec 2025	22800	27850
Sep 2025	22200	26500
Jun 2025	21600	41050

Sales
Transactions

1

Gross
Sales Value

₹ 1

Registered
Rate

₹ 18,900 / Sq. Ft.

Transaction Period Jul 25 to Jun 26

Configurations	In Vaibhavlaxmi Olympus	In Vikhroli East
1 BHK	₹ 30 K	₹ 33.7 K
2 BHK	-	₹ 45 K
3 BHK	-	₹ 1.5 L
4 BHK	-	₹ 2.5 L

₹ 28,700

Vikhroli East

₹ 22,650

Vaibhavlaxmi Central Park

₹ 22,650

Shraddha Nishigandha CHS

₹ 22,400

Marathon NeoSkies

₹ 21,250

Vaibhavlaxmi Olympus

Recent Registered Transaction in Vaibhavlaxmi Olympus

Date	Floor/Unit	Tower/Wing	Area	Value	Rate/Sq.Ft.
2025-06-02	Floor 5, Unit 506	152	561 Sq.Ft.	🔒	🔒

Locality Insights: Vikhroli East

Price Insights

Average Asking Price in Vikhroli East

₹ 28,700/Sq.ft

For Apartment Based on active listings and recent trends

Property Rates in Vikhroli East

Locality Snapshot

#192 In Mumbai

Great +5 More

Eastern Express Highway, Agra Road, LBS Marg

Concerning +2 More

Traffic congestion

Know More About Vikhroli East

Reviews (2)

Beautiful Locality

— Techno savvy enterprises, Real estate agent

View all 2 Reviews

Properties in Vaibhavlaxmi Olympus & Top Sellers

Rent
Top Sellers

All
1 BHK

https://img.squareyards.com/secondaryPortal/IN_639025533136703969-2812250915131513.jpg Cover Image

1 BHK Apartment For Rent in Vaibhavlaxmi Olympus Vikhroli East, Mumbai

Vikhroli East, Mumbai

₹ 30,000

Ready to Move
351 Sq.Ft. (Carpet Area)

Vastu compliant
Newly Built
Family
Bachelors
Schools in vicinity

Nilesh Naresh Pawar

1 properties for Rent in Vaibhavlaxmi Olympus

1 properties of 1 BHK Flats for Rent in Vaibhavlaxmi Olympus

Nilesh Naresh Pawar Mumbai

Resale Listings: 15
Rental Listings: 72

About Vaibhav Laxmi Builders and Developers

Total Projects 13
Delivered Projects8

Projects by Vaibhav Laxmi Builders and Developers in Mumbai

All
New Launch
Under Construction
Ready to Move

Vaibhav Laxmi Corporate Park Featured Image

Vaibhav Laxmi Corporate Park Chembur, Mumbai Office Space

₹ 75.00 Lac

Vaibhav Eastern Groves Vikhroli East, Mumbai 1, 2, 3 BHK Apartment, Retail Shop, Office Space

₹ 94.22 Lac to 1.65 Cr

VL Savli Eastern Groves Phase 1B Featured Image

VL Savli Eastern Groves Phase 1B Vikhroli East, Mumbai 1, 2 BHK Apartment

₹ 94.95 Lac to 1.66 Cr

VL Savli Eastern Groves Phase 1 Featured Image

VL Savli Eastern Groves Phase 1 Vikhroli East, Mumbai 1, 2 BHK Retail Shop, Apartment

₹ 94.95 Lac to 1.66 Cr

VLs Valeria Mulund East, Mumbai 1 BHK Apartment

Price On Request

Vaibhav Vinayak CHS Kandivali West, Mumbai

Price On Request

Vaibhav Queens Park Chembur, Mumbai 1, 2, 3 BHK Apartment

₹ 1.25 Cr to 3.28 Cr

Vaibhavlaxmi East Syde Ghatkopar East, Mumbai 1, 2, 3 BHK Apartment

₹ 89.90 Lac to 1.80 Cr

Vaibhavlaxmi Victoria 54 Vikhroli East, Mumbai 1, 2 BHK Apartment, Studio

₹ 56.54 Lac to 1.40 Cr

VL Valeria Mulund East, Mumbai 1, 2 BHK Apartment

₹ 92.00 Lac to 1.30 Cr

Vaibhav Green Vista Vikhroli East, Mumbai 2 BHK Apartment

₹ 1.35 Cr to 1.45 Cr

Vaibhavlaxmi Green Vista Vikhroli East, Mumbai 2 BHK Apartment

₹ 1.35 Cr to 1.45 Cr

All Projects by Vaibhav Laxmi Builders and Developers

New Launch Projects by Vaibhav Laxmi Builders and Developers

Under Construction Projects by Vaibhav Laxmi Builders and Developers

Ready to Move Projects by Vaibhav Laxmi Builders and Developers

Comparison of Vaibhavlaxmi Olympus with Similar Projects

Location
Micro-market
Unit Configs
Unit Size
Status

Vaibhavlaxmi Olympus

Vikhroli East, Mumbai

75.01 Lac - 1.20 Cr

Vikhroli East, Mumbai
Mumbai Central Suburbs
1 BHK-2 BHK
351 sq.ft - 561 sq.ft (Carpet)
Ready to Move

Vaibhavlaxmi Templum Heights

Vikhroli East, Mumbai

79.98 Lac - 1.09 Cr

Vikhroli East, Mumbai
Mumbai Central Suburbs
1 BHK-2 BHK
388 sq.ft - 501 sq.ft (Carpet)
Ready to Move

Adityaraj Avenue

Vikhroli East, Mumbai

20,666 Per Sq. Ft Onwards

Vikhroli East, Mumbai
Mumbai Central Suburbs
1 BHK-2 BHK
385 sq.ft - 596 sq.ft (Carpet)
Ready to Move

Runwal Avenue Wing J

Kanjurmarg East, Mumbai

1.16 Cr - 1.62 Cr

Kanjurmarg East, Mumbai
Mumbai Central Suburbs
1 BHK-2 BHK
353 sq.ft - 489 sq.ft (Carpet)
Under Construction

View Comparison

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Vaibhavlaxmi Central Park Featured Image

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Frequently Asked Questions About Vaibhavlaxmi Olympus

Q: Is Vaibhavlaxmi Olympus RERA registered?

Yes, purchasing apartment at Vaibhavlaxmi Olympus is legally safe, as the project has a possession status of Ready to Move and is registered under RERA with registration number P51800022877. Being a completed development, it significantly reduces construction, delivery, and compliance risks compared to under-construction projects
Q: What documentation should I get from the builder for my flat in Vaibhavlaxmi Olympus?

Key documents include the sale deed, approved layout plan, OC copy, RERA certificate, possession letter (dated Dec 2024), and property tax receipts for Vaibhavlaxmi Olympus.
Q: Can I rent out my flat in Vaibhavlaxmi Olympus immediately after purchase?

Yes, since Vaibhavlaxmi Olympus is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 192 and connectivity indices.
Q: What is the possession or handover date of Vaibhavlaxmi Olympus?

The possession or handover date of Vaibhavlaxmi Olympus is Dec 2024. Since the project has a possession status of Ready to Move, buyers can take possession soon after completing the purchase and registration formalities.
Q: Does Vaibhavlaxmi Olympus have an Occupancy Certificate (OC)?

Yes, Vaibhavlaxmi Olympus has received its Occupancy Certificate, confirming that the project is legally approved for residential use.

i *Disclaimer

This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.

*Real Estate (regulation & development) act 2016.