Ibis At L And T Realty Elixir Reserve is a residential project by Larsen & Toubro Ltd. (Realty Division) in Powai, Mumbai 400072. It is registered with MahaRERA under P51800055830 (registered 2024-04-22). The project has 250 units across 1 building of up to 30 floors. It offers 1 & 2 BHK homes. MahaRERA proposed possession: Dec 2026.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

Studio272 ft²On request

1 BHK382 ft²On request

1 RK393 ft²On request

Shop588–644 ft²On request

2 BHK743 ft²On request

Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).

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About Ibis At L And T Realty Elixir Reserve

Location

Ibis At L And T Realty Elixir Reserve is located in Powai, Mumbai 400072, in the Mumbai Suburban district. Across 891 recent resale listings on MPE, homes in Powai have a median asking rate of ₹41,700 per sq ft, and a 2 BHK typically rents for about ₹1.12 Lac a month.

MahaRERA record

The MahaRERA registration number is P51800055830, issued on 22 April 2024. The filing lists 1 wing: T5 with 250 units over 30 floors. Per the registration, the architect on record is Sandeep Madhav Shikre and the project escrow account is with ICICI Bank Ltd.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2026.

Buyer demand in Powai

In the last 90 days, buyers and tenants registered 45 requirements for Powai with Mumbai Property Exchange, 20 of them to buy and 17 specifically for 1 & 2 BHK homes.

Powai market

prices, rents & rates

Powai — resale, rent & yield

Resale

₹41,700/sqft

median · 891 listings

Rent

₹151.0/sqft/mo

2 BHK ~₹112,000/mo

Gross yield

4.3%/yr

rent vs resale value

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

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

Full rates

Property Rates ▸

Upcoming projects & infrastructure in Powai

take an informed decision

38 MahaRERA projects are due to hand over in Powai between 2026 and 2030; the nearest upcoming infrastructure to Ibis At L And T Realty Elixir Reserve is the Line 6 Pink, 1.6 km away (under construction · due 2027).

MahaRERA projects handing over in the next 5 years

in Powai

₹42,900/sqft

typical asking price

steady this quarter

₹23,900/sqft

ready reckoner rate (government) · carpet

2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value

New projects in Powai by possession year

2026

2027

2028

2029

2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Ibis At L And T Realty Elixir Reserve

🚇Line 6 PinkUnder construction · due 20271.6 km
🚇Line 3 AquaOpened 20252.3 km

📜 9,153 registered transactions (IGR) on record in Powai. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!

Ask for registered transactions ›

Questions about Powai prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Powai, then an advisor calls about your budget and configuration.

💬 Ask about Powai prices on WhatsApp 📞 Talk to us

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

RERA record & possession

Possession (proposed)

Dec 2026

Project status

New

MahaRERA No.

P51800055830

Data last updated

Oct 2026

Registered

2024-04-22

Escrow Bank

ICICI BANK LIMITED

Architect

Sandeep Madhav Shikre

Total FSI

13,421

Buildings · 1 wing

250 units

250

T5 · 30 fl · 250 u

Location

📍 Ibis At L And T Realty Elixir Reserve, Powai

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Ibis At L And T Realty Elixir Reserve

Ibis At L And T Realty Elixir Reserve in Powai is 1.1 km from Aarey JVLR metro station, 0.2 km from Passpoli Municipal School and 0.6 km from S B Nursing Home and Icu.

Ⓜ Metro stationAarey JVLR1.1 km
Ⓜ Metro stationSEEPZ2.2 km
🏫 SchoolPasspoli Municipal School0.2 km
🏫 SchoolIndian Educational Society School0.9 km
🏥 HospitalS B Nursing Home and Icu0.6 km
🏥 HospitalCuddles N Care Pediatric Hospital1.6 km
🎓 CollegeNational Institute of Industrial Engineering1.4 km
🛍 MallPowai Plaza2.0 km
🌳 ParkDr. Babasaheb Ambedkar Udyan0.3 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA

100%average

Foundation100%

Structure100%

Finishing100%

Services100%

See all 11 stages ▾

Basement (if any)100%

Excavation100%

External plumbing and external plaster, elevation, completion of terr…100%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%

Plinth100%

Podiums (if any)100%

Sanitary Fittings within the flats / premises100%

Slabs of Super Structure100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%

Stilt Floor100%

Amenities declared to MahaRERA

Aggregate area of recreational Open SpaceCommunity BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…

+6 more ▾

Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Next steps — clarity before you step out

💬 Get prices & options on WhatsAppTell us what you need — we show the right units, prices and alternativesChat on WhatsApp →📅 Book a site visitPick a day — an MPE advisor accompanies youChat on WhatsApp →🎥 Book a video walkthroughThe developer's sales team walks you through it live, hosted by an MPE advisorChat on WhatsApp →

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

Frequently Asked Questions

Where is Ibis At L And T Realty Elixir Reserve located?

Ibis At L And T Realty Elixir Reserve is in Powai, Mumbai 400072.

When is possession of Ibis At L And T Realty Elixir Reserve?

As per MahaRERA, proposed possession is Dec 2026.

Is Ibis At L And T Realty Elixir Reserve RERA-registered?

Yes — MahaRERA registration P51800055830, registered 2024-04-22.

How many units does Ibis At L And T Realty Elixir Reserve have?

MahaRERA records 250 units across 1 building, up to 30 floors.

Who is the developer of Ibis At L And T Realty Elixir Reserve?

Larsen & Toubro Ltd. (Realty Division) View their track record ▸

How many new projects are coming up in Powai?

38 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 Ibis At L And T Realty Elixir Reserve?

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.

How far is Ibis At L And T Realty Elixir Reserve from the nearest metro and railway station?

Ibis At L And T Realty Elixir Reserve is about 1.1 km from Aarey JVLR metro station (straight-line distance; road distance is longer).

A first look at Ibis At L And T Realty Elixir Reserve

Unit Configurations (per MahaRERA)

About Ibis At L And T Realty Elixir Reserve

Location

MahaRERA record

Construction and possession

Buyer demand in Powai

Powai market

Powai — resale, rent & yield

Property rates in Powai

Upcoming projects & infrastructure in Powai

RERA record & possession

Buildings · 1 wing

Location

Neighbourhood around Ibis At L And T Realty Elixir Reserve

Construction progress

Amenities declared to MahaRERA

Next steps — clarity before you step out

Resale Flats for Sale in Powai

Flats for Rent in Powai

Commercial for Sale in Powai

Commercial for Lease in Powai

MahaRERA projects nearby in Powai

Frequently Asked Questions

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