Powai · Mumbai
Elixir Reserve Cygnus
Jogeshwari-Vikhroli Link Road, Powai · by L and T Realty (Larsen & Toubro Ltd. (Realty Division))
Registered project name
Cygnus At L And T Realty Elixir ReserveUpdated Oct 2026
PowaiPhotos from the project record · tap to enlarge
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.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (3)
Elixir Reserve Cygnus floor plans
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 5784 projects tracked on Mumbai Property Exchange, 4768 of them delivered (ready or sold out).
Buyer demand in Powai
In the last 90 days, buyers and tenants registered 35 requirements for Powai with Mumbai Property Exchange, 16 of them to buy and 3 specifically for 4 BHK homes.
Developer's description ▾
Powai market
prices, rents & ratesPrice vs locality
Powai — resale, rent & yield
This project is quoted around ₹46,945/sqft — 65% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Powai
Upcoming projects & infrastructure in Powai
take an informed decision23 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).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 6 PinkUnder construction · due 20271.6 km
- 🚇Line 3 AquaOpened 20252.3 km
🔒 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.
RERA record & possession
Buildings · 1 wing
121 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 4 BHK · 2062 sq ft at ₹9.68 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹7.26 Cr here), released stage by stage, so your own money is about ₹2.42 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹6.30 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
18+10 more ▾
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
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
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)) — 5784 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.
