Discover the L&T Elixir 3 BHK Price: A Comprehensive guide
While the busy real estate market of Mumbai is being splashed with various premium residential projects, L&T Elixir in the refreshing backdrop of Powai has definitely caught the eye of homebuyers and investors alike. The 3 BHK price tag of L&T Elixir has actually become a hot topic of discussion as it combines luxury with affordability, and the price also does not prove to be a burden in such a sought-after area. This is a comprehensive guide meant to throw light on the various aspects of L&T Elixir’s 3 BHK apartments, so buyers have an informed decision.
This article looks at everything from the L&T Elixir 3 BHK floor plan, its amenities, and options, just for you. It begins by considering different configurations and taking a look at the way other variants like the LnT Elixir 3 BHK and the Elixir Reserve 3 BHK vary. It further outlines the neighborhood and connectivity of the project, which would give one an idea about the lifestyle one can expect from staying in these 3 BHK flats in L&T Powai. Along with that, it gives a detailed pricing analysis where the L&T Elixir Reserve 3 BHK price is compared with similar properties in that region to give a clear picture of the investment potential.
Overview of L&T Elixir
L&T Elixir, also known as Elixir Reserve, is an exclusive project by L&T Realty placed in the heart of Powai, Mumbai. This particular residential project sprawls over an expansive 10,454 sq ft area and has enshrined a perfect blend of luxury living with nature’s fragrance.
L&T Elixir 3 BHK Price, across Ibis, Dove & Prinia, Carpet Area, Upfront Payment, Number of Parkings You Get, and Possession Dates.
You may see the floor plan further below:
| Flat Type | Carpet Area | All-Inclusive Price | Down Payment | Parking | Tower | Possession Date |
| 3 BHK Elegante | 1040 sqft | Rs. 3.90Cr | Rs. 58.00 Lacs | 1 | DOVE | Dec’28 |
| 3 BHK Supreme | 1331 sqft | Rs. 5.00 Cr | Rs. 75.00 Lacs | 2 | PRINIA | Aug’29 |
| 3 BHK Lake View, M | 1400 sqft | Rs. 6.20 Cr | Rs. 85.00 Lacs | 2 | PRINIA | Aug’29 |
| 3 BHK Lake View | 1445 sqft | Rs. 6.65 Cr | Rs. 88.00 Lacs | 2 | PRINIA | Aug’29 |
L&T Elixir Project Location
Elixir Reserve has a strategic location at Krishna Nagar, Powai, and its resident population enjoys the benefits of irreplaceable connectivity and convenience. The project’s location also provides easy access to most of the major landmarks and basic amenities in the location. Some of the surrounding facilities include:
- JVLR: 3 minutes
- Sakinaka Metro Rail: 10 minutes
- International Airport, Terminal 2: 16 minutes
- Eastern & Western Expressway: 21 minutes
- Restaurants and hotels: 5 minutes
- Nirali A.M. Naik Charitable Health Care Facility: 3 minutes
- Hiranandani Hospital: 11 minutes drive away
- A.M. Naik School (Coming soon): On campus
- Bombay Scottish School: 8 minutes drive away
- NITIE: 7 minutes drive away
- IIT Powai: 7 minutes drive away
Key Features
Elixir Reserve is designed to combine the best of nature and luxury in one place. This project incorporates all of the following distinctive features:
Scenic Environs: The hillock, lake and forested land border the development and provide a serene environment in this urban town.
Thoughtful Design: It carries 6 towers in each direction facing the Aaray forest, so that it combines with the nature surrounding and presents an affluent view of the surroundings.
Variety of Options: There are varied configurations of options available, which include 2, 3, and 4 BHK apartments. The price ranges from Rs. 3.06 to 12 crore.
Premium Amenities: Residents can enjoy the facilities like a great entrance lobby, large open spaces, indoor squash and badminton courts, outdoor tennis courts, and esthetically designed landscape gardens.
Quality Interiors: Apartments feature quality tiles, Italian granite, spacious balconies, marble kitchen counters, modular kitchen facilities, and premium flooring in dining, living, and master bedrooms.
Sustainable Living: It shall offer ecological features such as green landscaping, energy-efficient lighting systems, solar power installations, and rainwater harvesting.
Connectivity: Strategically sited along with office complexes, healthcare facilities, schools, and shopping areas, it is the ideal place for families and working professionals.
Developer Background
L&T Realty, the real estate arm, has established itself as the first benchmark for real estate developers in India since its very inception in 2011, with an extensive portfolio of 6.50 million square meters across Residential, Commercial, and Retail developments. Its presence is significant in Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad, and Chennai.
The company takes pride in creating landmarks of excellence as well as a responsible value for customers through design innovation and operational excellence. L&T Realty utilizes the expertise of its parent companies engaged in construction and engineering, bringing focus on meeting high standards and completing projects on time.
While working on projects, L&T Realty has aligned focus on the following:
- Investments in innovation and excellence
- Commitment to customer satisfaction and stakeholder interests
- Adherence to ethical practices of doing business
- Focus on sustainable growth strategies
- Use of state-of-the-art technology
With such a robust foundation, L&T Realty has created a brand synonymous with superior customer experience and uncompromising quality across India and the international landscape.
3 BHK Configurations at L&T Elixir
L&T Elixir, also referred to as Elixir Reserve, offers numerous configurations of 3 BHK apartments, designed to suit every taste and requirement. The well-planned apartments aptly present a mix of comfort, luxury, and functionality.
The size of 3 BHK flats in L&T Elixir is different. Options are from 939 sq. ft. to as much as 1878 sq. ft. of super area. Among the best, some options include the following:
- 995.67 sq. ft. built-up area
- 1040 sq. ft. built-up area
- 1131.18 sq. ft. built-up area
- 1159 sq. ft. carpet area
- 1330 sq. ft. carpet area
- 1400 sq. ft. carpet area
These dimensions allow potential homebuyers to select a living space that most suits their lifestyle and needs of the family.
Layout Requirements
3BHK apartments at L&T Elixir are created for maximum comfort in life, while still being optimum usage of space. The typical layout comprises:
- Three beds
- Three bathrooms
- Two balconies
- One covered parking space
- Kitchen
- Living and Dining Area
- Foyer
Some configurations may differ based on the specific size and tower. For instance, some configurations may come with two bathrooms instead of three.
Please see Elixir Reserve 3BHK floor plans below for better assessment:
The scheme offers these 3 BHK apartments through different towers with unique features. For example:
Tower Dove: It is likely to receive possession by December 2028. This tower will offer 3 BHK flats with amenity views. These flats will have a carpet area of 1040 sq. ft. and 1332 sq. ft.
Towers Cygnus & Prinia: These towers are delivering way bigger 3 BHK units with a carpet area of 1400 sq. ft. & possession date of 2029.
L&T Elixir 3 BHK Price
The prices for the 3BHK units in L&T Elixir vary with size, location, the project, and specific features. The price range is thus as follows:
Price: Rs. 3.91 Crore to Rs. 6.4 Crore
Premium deals: The apartments overlook the lake and have a price tag of Rs 6.40 Crore
On the other hand, the cost per square feet of the flats ranges between around Rs 24,375 to Rs 31,555.
Most affordable 3BHK: Tower Dove will have an apartment of 1040 sq. ft. carpet area at Rs. 3.9 Cr, with possession in the year 2028. On the extreme higher side, there are lake-facing 3 BHKs in the same tower, carrying a carpet area of 1400 sq. ft. at Rs. 6.40 Cr and a carpet area of 1445 sq. ft. at Rs. 6.65 Cr.
These configurations of 3 BHK apartments in L&T Elixir come in a range of alternatives that qualify with the buyer’s requirement and budget. Strategically located in Powai, Mumbai, paired with the developer’s reputation, investment in one of them will prove to be a good investment in the city’s real estate market.
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Amenities and Facilities
L&T Elixir Reserve, Powai, Mumbai offers amenities and facilities to enhance the quality of life for a resident. Over 25 amenities have been designed in the project, catering to different avenues of modern urban life such as convenience, leisure, sports, and security.
Indoor Amenities
The indoor facilities at L&T Elixir Reserve have been designed to provide maximum comfort and entertainment within the complex. For a healthy lifestyle, residents can benefit from the fitness zones that include a well-equipped gymnasium and modern equipment to keep fit within this healthy lifestyle environment. For those who love indoor games, there are badminton courts and squash courts to engage in high-intensity competition.
It also has a mini-theater where movie shows are held, a multipurpose hall for community gathering, and the co-working space and library/reading room for those who require such areas for work or study.
Its own indoor play area is assured to keep the children safe and fun. And for the adults, a perfect place to let go can be found in the spa room which even has a steam room to totally ease off. Added to this is the creche facility that caters to the convenience of working parents.
Outdoor Amenities
The outdoor offerings at L&T Elixir Reserve are quite excellent, offering residents a myriad of opportunities to unwind and entertain with nature. There are two swimming pools-one dedicated pool for children-used for a refreshing splash around or sunbathing by the poolside. Fitness enthusiasts can also use the jogging track and cycling track for their regular daily exercises.
Out here, sports enthusiasts can enjoy outdoor tennis, half basketball, or futsal courts. In addition, there is an outdoor multipurpose play court that can be used in many different outdoor games. For those who want to have a little more relaxed stay, the complex features beautifully landscaped gardens with a nature walkway and reflexology path.
The complex has outdoor playspace for children, exclusive spaces such as elderly citizens’ walkway and sitting area, and a space for those that require seclusion for meditation.
Security Features
- L&T Elixir Reserve takes the maximum precaution towards ensuring residents’ safety and is a gated complex sheltering 24/7 security people and access-controlled gate.
- The property has CCTV surveillance installed throughout the complex, which monitors all 24 hours. The lifts available in each building are access controlled, ensuring maximum security. A powerful fire fighting system is installed throughout the complex to ensure fire safety in this region.
- Reserved parking is designed for the convenience and safety of residents. The building is earthquake resistant. Hence, occupants can feel safe as the building cannot be damaged by earthquakes.
There are so many other eco-friendly initiatives that L&T Elixir Reserve boasts of. This shall include solar power generation, a sewage treatment plant, a drip irrigation system, and even rainwater harvesting. It is not only an environmentally friendly venture but also very resource-efficient within the confines of the complex.
This suite of amenities and facilities makes L&T Elixir Reserve a complete residential project that satisfies many requirements of residents. It provides comprehensive workouts and play areas for recreation to ensure total safety with sustainability while providing a holistic lifestyle in the heart of Powai, Mumbai.
Neighborhood and Connectivity
Strategically located in Powai, one of the most promising upscale residential areas in Mumbai, L&T Elixir Reserve stands as an address blending nature’s bounty, urban convenience, and excellent connectivity.
About Nearby Landmarks
Powai Lake is another notable natural landmark that is within walking distance of L&T Elixir Reserve. The lake offers beautiful views and serenity to the people living in this posh development. They can take different kinds of recreational activities besides serene walking along the lakeside, all within walking distance from their house.
While the northern part of Sanjay Gandhi National Park remains Powai’s borders, that normally adds to the green cover and, more importantly, provides a natural retreat to its residents. Distance from nature makes Powai one of the most desired residential addresses: unique mix of urban living and natural serenity.
Transport Modes
L&T Elixir Reserve enjoys excellent connectivity to the rest of Mumbai through various transport options:
Road Connectivity: The project is well connected by major roads as listed below:
- Jogeshwari-Vikhroli Link Road (JVLR) 3 minutes
- Lal Bahadur Shastri (LBS) Road
- Eastern and Western Express Highway: 21 minutes
Metro: The SakiNaka metro is just 3.4 km away, and hence easy to reach within a short distance of the city otherwise. The proposed Lokhandwala-Vikhroli line (Line 6) of the Mumbai metro also passes through Powai.
Railway: Its nearest railway station is Kanjurmarg, which is 4 km away, on the central line of Mumbai suburban rail network .
Airport: International Airport (Terminal 2) is also close – only 16 minutes away from here. Frequent travelers will appreciate that.
A good transport system enables the residents to move around the city to meet work or educational obligations or for leisure purposes.
Social Infrastructure
L&T Elixir Reserve enjoys an excellent, well developed social infrastructure for every kind of urban living:
Education: There are several high class educational institutions that are in close proximity to the locality
- Indian Institute of Technology (IIT) Bombay: 7 minute walk
- Bombay Scottish School: 8 minute walk.
- Other schools around the region are Poddar International School and Hiranandani Foundation School
Healthcare: Quality health services are provided to the residents through
- Hiranandani Hospital: 11 minute walk
- Nirali A.M. Naik Charitable Health Care Facility: 3 minutes walk
Shopping and Entertainment: This location throws several options for shopping and recreation:
Galleria Shopping Mall and R City Mall: Within 15 minutes
Restaurants and hotels: 5 minutes walk
Commercial Hubs: With a number of National and Multinational companies, the location has emerged as a prominent business hub:
- Hiranandani Business Park and Hiranandani Kensington SEZ
- Offices of such companies as Schindler India Pvt Ltd, CRISIL Bayer, TCS, Cognizant, Nomura and Deloitte are within reach
- Bandra Kurla Complex-the commercial nerve centre is 50 minutes away
- Commercial Hub in Andheri East is 40 minutes away.
This strong social infrastructure makes Powai an attractive, secure place to stay; hence, easy access to essential and easily available services is offered to its residents. With their perfect blend of nature beauty, good connectivity, and robust social infrastructure, the overall development of Powai is considered rapid, and house properties there are in great demand.
L&T Elixir Price
L&T Elixir Reserve is one of those projects that vary in their price range so that in the luxury segments at least one different variant is available in each budget segment for the buyer. Here is the pricing structure of the project as a reflection of its prime positioning in the Powai real estate. Base Price
The base price for an apartment in L&T Elixir Reserve starts from ₹2.48 Crore and can go as high as ₹8.62 Crore. Here is a break-up of its starting price, based on different configurations:
- 2 BHK Apartments: ₹2.48 Crore to ₹2.98 Crore.
- 3 BHK Apartments: Starting at ₹3.91 Crore.
- 4 BHK Apartments: Starting at ₹8.28 Crore.
L&T Elixir Reserve comes in an average value of ₹39,250 per square foot. For similar properties around Powai, the average value stands at ₹23,201 per square foot. The premium price is really because of the high-end amenities along with the strategic location and, more importantly, due to the reputation of the developer company.
Worth mentioning here is that the project has seen appreciation by 10.13% in average price per square foot in the last one year, which hints at the lucrative demand and growth prospects for the investments.
Additional Costs
While arriving at the total cost to be incurred for the purchase of an apartment in L&T Elixir Reserve, one should factor in additional costs over and above the base price :
Parking: All the above units are marked according to the respective unit sizes, and the parking area is also included in the overall price. For example:
2 BHK is attached with 1 car parking
3 BHK attached with 2 car parking
4 BHK with 3 car parking
Floor Rise: Price may be higher in units if it is on higher floors. Such particular details cannot be known from the information available.
Maintenance Charges: These would not form a part of the base price and would be a recurring cost for residents.
Stamp Duty and Registration: Government charges, these are not included in the quoted prices and would add to the cost.
GST: This is Goods and Services Tax applicable on under construction properties and would not be included in the base price.
Payment Plans
L&T Elixir Reserve offers flexible payment options that could suit various buyer needs:
- Construction-Linked Plan (CLP): It is a standard payment scheme under which the payments are made according to the construction milestones. This will help the buyer stagger the payment over the construction period.
- 20:80 Builder Subvention scheme, Here price goes up by 10%
- Pay 20% now, remaining starts in 2025
Down Payment Option: There is provision for down payment, in case the buyer would like to pay a more significant amount as a down payment upfront. The details of the down payments depend on the type of unit chosen:
2 BHK: ₹45 Lacs to ₹46 Lacs, Currently there’s an offer, pay 20% now and rest to start from 2025.
3 BHK: ₹58 Lacs to ₹88 Lacs
4 BHK: ₹1.25 Crore to ₹1.39 Crore
EMI Options: The people who prefer to pay in installments can also purchase here, for whose EMI for 2 BHK unit starts from around ₹1.23 Lacs/month although it may vary according to the terms of taking a loan and amount paid at the time of purchasing a flat.
L&T Elixir Reserve helps make purchases easier by offering tie-ups with many reputed banks and financial houses for home loans, thus making the process of purchase much easier for the prospective homeowner.
The pricing of L&T Elixir Reserve also says something of its plus positioning as a luxury residential product in Powai. From small units to high-priced payment options and even potential appreciation, the project offers multiple entry points for buyers eyeing an up-market residential piece in this considerably sought-after locality of Mumbai.
Conclusion
L&T Elixir Reserve is one among the premium residential offerings in Powai that will provide all the luxury-ensemble nature’s beauty for a perfect experience. Strategically located with top-notch amenities and quality apartments, here is catered to the needs of discerning homebuyers who are looking forward to a high-end lifestyle. The project price reflects its premium positioning with scope for appreciation, thus making it an attractive investment proposition.
For those who are considering a home in this sought-after development, it is time to act. The thoughtful design of the project, along with L&T Realty’s reputation for quality and timely delivery, makes it an attractive proposition for both end-users as well as investors. Call 8169142955 for book now, pay later offer. As the Mumbai real estate scenario continues to unfold, one can look forward to L&T Elixir Reserve emerging as a prestige address that provides residents with an orchestration of urban convenience and natural serenity in Powai.
FAQs
What would be the additional benefits that one would get with L&T Elixir Reserve?
L&T Elixir Reserve comprises 24-hour guard patrol along with badminton court, CCTV surveillance, children’s play area, cricket pitch, gymnasium, meditation zone, mini theater, skating area, squash court, swimming pool, tennis court, yoga studio, multipurpose hall, indoor games room, and lounge.