Mahim · Mumbai
Island Cove
Mori Road, Mahim · by L and T Realty (Lh Residential Housing Private Limited)
Updated Oct 2026
MahimPhotos from the project record · tap to enlarge
A first look at Island Cove
Island Cove is a residential project by L and T Realty on Mori Road, Mahim, Mumbai 400016. It is registered with MahaRERA under P51900046369 (registered 2025-11-03). The project has 523 units across 2 buildings of up to 40 floors. It offers 2 & 3 BHK homes with carpet areas of 767–1,400 sq ft, priced ₹3.7 Cr–₹7.79 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹52,000 per sq ft. MahaRERA proposed possession: Apr 2029.
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)
Island Cove floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Island Cove
Location
The address of Island Cove is Mori Road, Mahim, Mumbai 400016, in the Mumbai City district. Across 13 recent resale listings on MPE, homes in Mahim have a median asking rate of ₹39,044 per sq ft, and a 2 BHK typically rents for about ₹1.27 Lac a month.
MahaRERA record
The MahaRERA registration number is P51900046369, issued on 3 November 2025. The registered promoter is Lh Residential Housing Private Limited. The filing lists 2 wings: Sale Building Tower 1 with 276 units over 40 floors; Sale Building Tower 2 with 247 units over 40 floors. Per the registration, the architect on record is ANAND DHOKAY and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 2 BHK of 767–825 sq ft at ₹3.7 Cr–₹4.49 Cr; 3 BHK of 1,045–1,400 sq ft at ₹5.49 Cr–₹7.79 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹42,000–₹55,600 per sq ft of carpet, 38% 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 45%, finishing at 0%, services at 0%. Proposed possession is Apr 2029.
Developer track record
L and T Realty has 5784 projects tracked on Mumbai Property Exchange, 4768 of them delivered (ready or sold out). Other projects by the same developer include DLH Business Bay, DLH Dawn, Dlh Metroview.
Buyer demand in Mahim
In the last 90 days, buyers and tenants registered 13 requirements for Mahim with Mumbai Property Exchange, 4 of them to buy and 4 specifically for 2 & 3 BHK homes.
Mahim market
prices, rents & ratesMahim — resale, rent & yield
This project is quoted around ₹52,000/sqft — 33% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Mahim
take an informed decision19 MahaRERA projects are due to hand over in Mahim between 2026 and 2030.
Supply is not evenly spread — one year carries about a third of it.
🔒 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 · 2 wings
523 unitsLocation
Construction progress
per MahaRERASee all 12 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: 3 BHK · 1365 sq ft at ₹5.73 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% (₹4.30 Cr here), released stage by stage, so your own money is about ₹1.43 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 ₹3.73 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
20+12 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 Mahim
4
Flats for Rent in Mahim
4
More by L and T Realty (Lh Residential Housing Private Limited)
Compare Island Cove with similarly priced projects nearby
MahaRERA projects nearby in Mahim
Frequently Asked Questions
Where is Island Cove located?
Island Cove is on Mori Road, Mahim, Mumbai 400016.
What is the price of Island Cove?
2 & 3 BHK homes are priced ₹3.7 Cr–₹7.79 Cr as on 09 Jul 2026, about ₹52,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Island Cove offer?
2 BHK – 767 sq ft carpet at ₹3.7 Cr; 2 BHK – 825 sq ft carpet at ₹4.49 Cr; 3 BHK – 1,045 sq ft carpet at ₹5.49 Cr; 3 BHK – 1,127 sq ft carpet at ₹6.07 Cr; 3 BHK – 1,365 sq ft carpet at ₹5.73 Cr; 3 BHK – 1,400 sq ft carpet at ₹7.79 Cr.
When is possession of Island Cove?
As per MahaRERA, proposed possession is Apr 2029.
Is Island Cove RERA-registered?
Yes — MahaRERA registration P51900046369, registered 2025-11-03.
How many units does Island Cove have?
MahaRERA records 523 units across 4 buildings, up to 40 floors.
Who is the developer of Island Cove?
L and T Realty (Lh Residential Housing Private Limited) — 5784 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Mahim?
19 MahaRERA-registered projects in Mahim 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.
