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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51800033984

Powai · Mumbai

Iora At L And T Realty Elixir Reserve

Powai · by Larsen & Toubro Ltd. (Realty Division)

Updated Oct 2026

🗺 View on map · schools, metro & distances
Iora At L And T Realty Elixir ReserveProject photos will appear here when available.

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
173
Units
2025
Possession
1
Buildings
RERA Registered
Status

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

Iora 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 P51800033984 (registered 2023-03-15). The project has 173 units across 1 building of up to 32 floors. It offers 2 & 3 BHK homes. MahaRERA proposed possession: May 2025.

Lifecycle requires verification.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK Nova632 ft²On request
3 BHK Elegante940 ft²On request
3 BHK Imperia1,066 ft²On request
3 BHK Premiere1,131 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Iora At L And T Realty Elixir Reserve

Location

Iora At L And T Realty Elixir Reserve is located in Powai, Mumbai 400072, in the Mumbai Suburban district. Across 885 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 P51800033984, issued on 15 March 2023. The filing lists 1 wing: IORA at L and T Realty Elixir Reserve with 173 units over 32 floors. Per the registration, the architect on record is ATUL DESAI CONSULTANTS 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 50%, services at 70%. Proposed possession is May 2025.

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 20 specifically for 2 & 3 BHK homes.

Powai market

prices, rents & rates

Powai — resale, rent & yield

Resale
₹41,700/sqft
median · 885 listings
Rent
₹150.5/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

Upcoming projects & infrastructure in Powai

take an informed decision

38 MahaRERA projects are due to hand over in Powai between 2026 and 2030.

38
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
6
2026
7
2027
9
2028
12
2029
4
2030

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

📜 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.

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

RERA record & possession

Possession (proposed)
May 2025
Project status
New
MahaRERA No.
P51800033984
Data last updated
Oct 2026
Registered
2023-03-15
Escrow Bank
ICICI BANK LIMITED
Architect
ATUL DESAI CONSULTANTS
Total FSI
17,578

Buildings · 1 wing

173 units
IORA at L and T Realty Elixir Reserve · 32 fl · 173 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing50%
Services70%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Stilt Floor100%
External plumbing and external plaster, elevation, completion of terr…80%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…60%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …60%
Sanitary Fittings within the flats / premises10%

Amenities declared to MahaRERA

14
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

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.

Resale Flats for Sale in Powai

4

Flats for Rent in Powai

4

Commercial for Sale in Powai

2

Commercial for Lease in Powai

2

MahaRERA projects nearby in Powai

Frequently Asked Questions

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

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

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

As per MahaRERA, proposed possession is May 2025.

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

Yes — MahaRERA registration P51800033984, registered 2023-03-15.

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

MahaRERA records 173 units across 1 building, up to 32 floors.

Who is the developer of Iora 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.

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 2026-10-01). 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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