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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800055987

Powai · Mumbai

Elixir Reserve Cygnus

Jogeshwari-Vikhroli Link Road, Powai · by L and T Realty (Larsen & Toubro Ltd. (Realty Division))

Updated Sep 2026

121
Units
2028
Possession
1
Buildings
Certificate Signed
Status

A first look at Elixir Reserve Cygnus

Elixir Reserve Cygnus is a residential project by L and T Realty on Jogeshwari-Vikhroli Link Road, Powai, Mumbai 400072. It is registered with MahaRERA under P51800055987 (registered 2024-05-03). The project has 121 units across 1 building of up to 31 floors. It offers 4 BHK homes with carpet areas of 1,995–2,272 sq ft, priced ₹9.28 Cr–₹10.84 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹46,900 per sq ft. MahaRERA proposed possession: Aug 2028.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
4 BHK1995 ft²₹9.28 Cr—
4 BHK2062 ft²₹9.68 Cr—
4 BHK2272 ft²₹10.84 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Elixir Reserve Cygnus floor plans

1
Elixir Reserve Cygnus, Powai — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Elixir Reserve Cygnus

Location

Elixir Reserve Cygnus stands on Jogeshwari-Vikhroli Link Road in Powai, Mumbai 400072, in the Mumbai Suburban district. Across 112 recent resale listings on MPE, homes in Powai have a median asking rate of ₹28,500 per sq ft, and a 2 BHK typically rents for about ₹90,000 a month.

MahaRERA record

Elixir Reserve Cygnus is registered with MahaRERA under P51800055987, dated 3 May 2024. The registered promoter is Larsen & Toubro Ltd. (Realty Division). The filing lists 1 wing: T1-CYGNUS at L and T Realty Elixir Reserve with 121 units over 31 floors. According to MahaRERA, the architect on record is Sandeep Madhav Shikre and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 4 BHK of 1,995–2,272 sq ft at ₹9.28 Cr–₹10.84 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹46,500–₹47,700 per sq ft of carpet, 65% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 98%, finishing at 12%, services at 20%. Proposed possession is Aug 2028.

Developer track record

L and T Realty has 5780 projects tracked on Mumbai Property Exchange, 4766 of them delivered (ready or sold out).

Buyer demand in Powai

In the last 90 days, buyers and tenants registered 30 requirements for Powai with Mumbai Property Exchange, 14 of them to buy and 3 specifically for 4 BHK homes.

Developer's description ▾
Discover Cygnus, a prestigious high-rise within L&T Elixir Reserve sprawled across 60 acres in Powai—a carefully curated oasis blending luxury with nature. Nestled between a serene lake, lush forest, and hillock, this gated community offers exclusive 2, 3, and 4 BHK residences designed to elevate your lifestyle

Price vs Locality

₹46,945
/sqft · Powai rate-band mid-point ₹55,000
15% below mid-point

Upcoming projects & infrastructure in Powai

take an informed decision

23 MahaRERA projects are due to hand over in Powai between 2026 and 2030; the nearest upcoming infrastructure to Elixir Reserve Cygnus is the Line 6 Pink, 1.6 km away (under construction · due 2027).

23
MahaRERA projects handing over in the next 5 years
in Powai
₹42,800/sqft▲
typical asking price
rising this quarter
₹19,900/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Powai by possession year
2
2026
0
2027
5
2028
11
2029
5
2030

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Elixir Reserve Cygnus
  • 🚇Line 6 PinkUnder construction · due 20271.6 km
  • 🚇Line 3 AquaOpened 20252.3 km
📜 9,153 registered transactions (IGR) on record in Powai, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Powai report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Powai — resale, rent & yield

Resale
₹28,500/sqft
median · 112 listings
Rent
₹111.6/sqft/mo
2 BHK ~₹90,000/mo
Gross yield
4.7%/yr
rent vs resale value

This project is quoted around ₹46,945/sqft — 65% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3 BHK1,280 ft²₹6.01 Cr
Shop795–1,793 ft²₹3.73 Cr–₹8.42 Cr
4 BHK1,811–1,987 ft²₹8.5 Cr–₹9.33 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Aug 2028
Project status
New
MahaRERA No.
P51800055987
Data last updated
Sep 2026
Registered
2024-05-03
Escrow Bank
ICICI BANK LIMITED
Architect
Sandeep Madhav Shikre
Total FSI
24,748

Buildings · 1 wing

121 units
T1-CYGNUS at L and T Realty Elixir Reserve · 31 fl · 121 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure98%
Finishing12%
Services20%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure98%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …40%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…35%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Sanitary Fittings within the flats / premises0%

Amenities

18
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallGymnasiumJogging Track
+10 more ▾
Yoga RoomCCTV24x7 SecurityVideo Door PhoneFire SafetyPower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Powai market context

Property Rates in Powai

Residential · Sale
₹40,000–70,000/sqft
Commercial · Sale
₹40,000–60,000/sqft
2 BHK · Rent
₹70,000–155,000/mo

Resale Flats for Sale in Powai

4

Flats for Rent in Powai

4

Commercial for Sale in Powai

3

Commercial for Lease in Powai

2

Compare Cygnus At L And T Realty Elixir Reserve with similarly priced projects nearby

MahaRERA projects nearby in Powai

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Elixir Reserve Cygnus located?

Elixir Reserve Cygnus is on Jogeshwari-Vikhroli Link Road, Powai, Mumbai 400072.

What is the price of Elixir Reserve Cygnus?

4 BHK homes are priced ₹9.28 Cr–₹10.84 Cr as on 09 Jul 2026, about ₹46,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Elixir Reserve Cygnus offer?

4 BHK – 1,995 sq ft carpet at ₹9.28 Cr; 4 BHK – 2,062 sq ft carpet at ₹9.68 Cr; 4 BHK – 2,272 sq ft carpet at ₹10.84 Cr.

When is possession of Elixir Reserve Cygnus?

As per MahaRERA, proposed possession is Aug 2028.

Is Elixir Reserve Cygnus RERA-registered?

Yes — MahaRERA registration P51800055987, registered 2024-05-03.

How many units does Elixir Reserve Cygnus have?

MahaRERA records 121 units across 3 buildings, up to 31 floors.

Who is the developer of Elixir Reserve Cygnus?

L and T Realty (Larsen & Toubro Ltd. (Realty Division)) — 5780 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Powai?

23 MahaRERA-registered projects in Powai are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Elixir Reserve Cygnus?

Line 6 Pink — under construction · due 2027, 1.6 km away; Line 3 Aqua — opened 2025, 2.3 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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