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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800034053

Powai · Mumbai

Elixir Reserve Prinia

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

Updated Oct 2026

100
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at Elixir Reserve Prinia

Elixir Reserve Prinia is a residential project by L and T Realty on Jogeshwari-Vikhroli Link Road, Powai, Mumbai 400072. It is registered with MahaRERA under P51800034053 (registered 2023-04-01). The project has 100 units across 1 building of up to 32 floors. It offers 3 BHK homes with carpet areas of 1,400–1,445 sq ft, priced ₹5.99 Cr–₹6.28 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹42,700 per sq ft. MahaRERA proposed possession: Apr 2025.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
3 BHK1400 ft²₹5.99 Cr—
3 BHK1445 ft²₹6.28 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
Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
3 BHK1,261–1,306 ft²₹5.38 Cr–₹5.58 Cr
4 BHK1,547–1,850 ft²₹6.61 Cr–₹7.9 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Elixir Reserve Prinia floor plans

1
Elixir Reserve Prinia, Powai — floor plan 1

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

About Elixir Reserve Prinia

Location

Elixir Reserve Prinia is located on Jogeshwari-Vikhroli Link Road, Powai (Mumbai 400072), in the Mumbai Suburban district. Across 111 recent resale listings on MPE, homes in Powai have a median asking rate of ₹29,000 per sq ft, and a 2 BHK typically rents for about ₹90,000 a month.

MahaRERA record

Elixir Reserve Prinia is registered with MahaRERA under P51800034053, dated 1 April 2023. The registered promoter is Larsen & Toubro Ltd. (Realty Division). The filing lists 1 wing: CAFER at L and T Realty Elixir Reserve over 32 floors. According to MahaRERA, the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 3 BHK of 1,400–1,445 sq ft at ₹5.99 Cr–₹6.28 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹42,800–₹43,500 per sq ft of carpet, 50% 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 47%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Apr 2025.

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 7 specifically for 3 BHK homes.

Developer's description ▾
Nestled within L&T Realty's expansive Elixir Reserve in Powai, Prinia Tower offers a harmonious blend of luxury and nature. Set against a backdrop of lush forests, Powai Lake, and serene hillocks, this enclave provides premium 3 & 4 BHK residences designed with modern elegance. Within a sprawling 60-acre gated community, residents enjoy access to over 25 luxe amenities—such as elevated swimming pools, rooftop courts, fitness zones, landscaped gardens, and more

Powai market

prices, rents & rates

Price vs locality

₹42,700
/sqft · Powai rate-band mid-point ₹55,000
22% below mid-point

Powai — resale, rent & yield

Resale
₹29,000/sqft
median · 111 listings
Rent
₹112.0/sqft/mo
2 BHK ~₹90,000/mo
Gross yield
4.6%/yr
rent vs resale value

This project is quoted around ₹42,700/sqft — 47% above resale here.

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

23 MahaRERA projects are due to hand over in Powai between 2026 and 2030; the nearest upcoming infrastructure to Elixir Reserve Prinia 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
₹42,400/sqft
typical asking price
steady 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 Prinia
  • 🚇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 ›
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.

RERA record & possession

Possession (proposed)
Apr 2025
Project status
New
MahaRERA No.
P51800034053
Data last updated
Oct 2026
Registered
2023-04-01
Escrow Bank
ICICI BANK LIMITED
Architect
—
Total FSI
17,017

Buildings · 1 wing

CAFER at L and T Realty Elixir Reserve · 32 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation47%
Structure0%
Finishing0%
Services0%
See all 11 stages ▾
Excavation100%
Podiums (if any)75%
Basement (if any)30%
Plinth30%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

What you pay, and when

an example

This 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: 3 BHK · 1445 sq ft at ₹6.28 Cr (the price recorded above).

Due soon after booking~₹1.88 Cr30%, stages already done
Balance till possession~₹4.40 Cras the last stages finish
Stamp duty + GST~₹37.7 L + ₹31.4 L6% + 5%, plus ~₹30,000 registration
  1. ○ Plinth complete45% paid by then
  2. ○ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹4.71 Cr here), released stage by stage, so your own money is about ₹1.57 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 ₹4.09 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 advisor

Amenities

18
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumJogging TrackYoga Room
+10 more ▾
SpaCCTV24x7 SecurityVideo Door PhoneFire SafetyPower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

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

MahaRERA projects nearby in Powai

Frequently Asked Questions

Where is Elixir Reserve Prinia located?

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

What is the price of Elixir Reserve Prinia?

3 BHK homes are priced ₹5.99 Cr–₹6.28 Cr as on 09 Jul 2026, about ₹42,700 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Elixir Reserve Prinia offer?

3 BHK – 1,400 sq ft carpet at ₹5.99 Cr; 3 BHK – 1,445 sq ft carpet at ₹6.28 Cr.

When is possession of Elixir Reserve Prinia?

As per MahaRERA, proposed possession is Apr 2025.

Is Elixir Reserve Prinia RERA-registered?

Yes — MahaRERA registration P51800034053, registered 2023-04-01.

How many units does Elixir Reserve Prinia have?

MahaRERA records 100 units across 7 buildings, up to 32 floors.

Who is the developer of Elixir Reserve Prinia?

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 Prinia?

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 2026-10-06). 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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