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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800013214

Powai · Mumbai

L and T Emerald Isle Tower 15

Adjacent to L & T Business Park, Saki Vihar Road, Powai · by L and T Realty (Larsen & Toubro Ltd. (Realty Division))

Updated Oct 2026

146
Units
2023
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
L and T Emerald Isle Tower 15 is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at L and T Emerald Isle Tower 15

L and T Emerald Isle Tower 15 is a residential project by L and T Realty on Adjacent to L & T Business Park, Saki Vihar Road, Powai, Mumbai 400072. It is registered with MahaRERA under P51800013214 (registered 2021-09-09). L and T Emerald Isle Tower 15 is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 146 units across 1 building of up to 23 floors. It offers 2 BHK homes with carpet areas of 641 sq ft. MahaRERA proposed possession: Dec 2023.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Other wings & phases: Emerald Isle - T10 · Emerald Isle - T16 · Emerald Isle - T4, T5, T6 · Emerald Isle - T7 · Emerald Isle - T8 · Emerald Isle - T9

Unit configurations filed with MahaRERA (4)
ConfigurationCarpetIndicative Price
2 BHK642 ft²₹2.45 Cr
2 BHK Balcony772 ft²₹2.95 Cr
3 BHK Balcony928 ft²₹3.55 Cr
3 BHK928 ft²₹3.55 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

L and T Emerald Isle Tower 15 floor plans

2
L and T Emerald Isle Tower 15, Powai — floor plan 1L and T Emerald Isle Tower 15, Powai — floor plan 2

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

L and T Emerald Isle Tower 15 videos

About L and T Emerald Isle Tower 15

Location

L and T Emerald Isle Tower 15 is located on Adjacent to L & T Business Park, Saki Vihar Road, Powai (Mumbai 400072), in the Mumbai Suburban district. Across 755 recent resale listings on MPE, homes in Powai have a median asking rate of ₹41,100 per sq ft, and a 2 BHK typically rents for about ₹1.15 Lac a month.

MahaRERA record

L and T Emerald Isle Tower 15 is registered with MahaRERA under P51800013214, dated 9 September 2021. The registered promoter is Larsen & Toubro Ltd. (Realty Division). The filing lists 1 wing: T15 over 23 floors. According to MahaRERA, the project escrow account is with Kotak Mahindra Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 641 sq ft at ₹2.45 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹38,200 per sq ft of carpet, 7% below 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 67%, finishing at 80%, services at 92%. Proposed possession is Dec 2023.

Developer track record

L and T Realty has 5796 projects tracked on Mumbai Property Exchange, 4770 of them delivered (ready or sold out).

Buyer demand in Powai

In the last 90 days, buyers and tenants registered 37 requirements for Powai with Mumbai Property Exchange, 17 of them to buy and 5 specifically for 2 BHK homes.

Developer's description ▾
Nestled in the heart of Powai, L&T Emerald Isle is an exclusive residential complex known for its spacious and elegant homes. Developed by the renowned L&T Realty. L&T Emerald Isle is a mixed development that features 10 acres of open spaces and 3 acres of lush greenery. Within this upscale complex, you will find meticulously designed 1, 2, 3, and 4 BHK homes that blend classic elegance with modern sophistication. One of the key advantages of living in L&T Emerald Isle is its convenient location. The complex enjoys excellent connectivity to both the western and eastern expressways, as well as the upcoming metro station, ensuring smooth and hassle-free commuting. In the vicinity, you'll find healthcare centers such as Nirali A.M. Naik Charitable Health Care Facility and Seven Hills Hospital, along with esteemed educational institutions like Bombay Scottish School and IIT Powai. Additionally, a variety of shopping and entertainment options, including the Galleria mall, are located in close proximity, providing convenience and leisure opportunities for the residents.

Powai market

prices, rents & rates

Price vs locality

₹38,221
/sqft · Powai rate-band mid-point ₹55,000
31% below mid-point

Powai — resale, rent & yield

Resale
₹41,100/sqft
median · 755 listings
Rent
₹152.2/sqft/mo
2 BHK ~₹115,000/mo
Gross yield
4.4%/yr
rent vs resale value

This project is quoted around ₹38,221/sqft — 7% below 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

36 MahaRERA projects are due to hand over in Powai between 2026 and 2030; the nearest upcoming infrastructure to L and T Emerald Isle Tower 15 is the Line 6 Pink, 1.5 km away (under construction · due 2027).

36
MahaRERA projects handing over in the next 5 years
in Powai
₹42,000/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
6
2026
6
2027
8
2028
12
2029
4
2030

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

Metro & infrastructure near L and T Emerald Isle Tower 15
  • 🚇Line 6 PinkUnder construction · due 20271.5 km
  • 🚇Line 3 AquaOpened 20252.2 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.

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

RERA record & possession

Possession (proposed)
Dec 2023
Project status
New
MahaRERA No.
P51800013214
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
KOTAK MAHINDRA BANK LIMITED
Architect
—
Total FSI
19,052

Buildings · 1 wing

Emerald Isle - T15 · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure67%
Finishing80%
Services92%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…95%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …90%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…70%
Sanitary Fittings within the flats / premises70%
Slabs of Super Structure67%

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: 2 BHK · 641 sq ft at ₹2.45 Cr (the price recorded above).

Due soon after booking~₹73.5 L30%, stages already done
Balance till possession~₹1.72 Cras the last stages finish
Stamp duty + GST~₹14.7 L + ₹12.2 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% (₹1.84 Cr here), released stage by stage, so your own money is about ₹61.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.59 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

14
Community BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (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

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

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

MahaRERA projects nearby in Powai

Frequently Asked Questions

Where is L and T Emerald Isle Tower 15 located?

L and T Emerald Isle Tower 15 is on Adjacent to L & T Business Park, Saki Vihar Road, Powai, Mumbai 400072.

What is the price of L and T Emerald Isle Tower 15?

L and T Emerald Isle Tower 15 is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does L and T Emerald Isle Tower 15 offer?

2 BHK – 641 sq ft carpet.

When is possession of L and T Emerald Isle Tower 15?

As per MahaRERA, proposed possession is Dec 2023.

Is L and T Emerald Isle Tower 15 RERA-registered?

Yes — MahaRERA registration P51800013214, registered 2021-09-09.

How many units does L and T Emerald Isle Tower 15 have?

MahaRERA records 146 units across 5 buildings, up to 23 floors.

Who is the developer of L and T Emerald Isle Tower 15?

L and T Realty (Larsen & Toubro Ltd. (Realty Division)) — 5796 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Powai?

36 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 L and T Emerald Isle Tower 15?

Line 6 Pink — under construction · due 2027, 1.5 km away; Line 3 Aqua — opened 2025, 2.2 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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