L&T Elixir Price, Possession of 2,3 BHK & 4 BHK Flats in Powai

Here’s all the pricing details you ever need to know about L&T Elixir Reserve 2 for the different flat sizes in 2, 3, and 4 BHK configurations. Know the carpet area, flat price, down payment, number of parking spaces you get, and the possession date of the flat. 

L&T Elixir Price Sheet:

Flat ConfigCarpet AreaAll-Inclusive PriceDown PaymentParkingTowerPossession Date
2BHK810 sqft3.06 Cr45.00 Lacs1IBISDec’ 26
2BHK840 sqft3.30 Cr46.00 Lacs1IBISDec’ 26
3BHK Elegante1040 sqft3.90Cr58.00 Lacs1DOVEDec’28
3BHK Supreme1331 sqft5.00 Cr75.00 Lacs2PRINIAAug’29
3BHK Lake View, Majestha1400 sqft6.20 Cr85.00 Lacs2PRINIAAug’29
3BHK Lake View1445 sqft6.65 Cr88.00 Lacs2PRINIAAug’29
4BHK lake View, Platina1968 sqft9.5Cr1.25 Cr3DOVEDec’28
4BHK lake View, Platina2196 sqft10.5Cr1.39 Cr3PRINIAAug’29
4BHK lake View, Luxuria2062 sqft9 CR-11.5Cr 3CYGNUSMar’28
4BHK lake View, Luxuria22709.50Cr.-12.20 3CYGNUSMar’28

Currently there’s an offer going on whereby you pay 20% now and the rest to start in 2025. 

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Further below, we’ve tried to share the overview of different projects in Powai micromarket, how their price and sales are moving, and the current all inclusive per square foot price. This will help you make more informed decisions about the L&T Elixir price, how it compares to other top selling projects.

This table reflects by project units sold, price, and how much the price increased, the saleability of each project. Outside of Hiranandani Regent Hills, which sold the most ( due to the smaller ticket size, less supply of 1bhk -1.5 Cr) L&T managed to lead the segment of 2-4 bhk flats in terms of total volume sold and also managed to appreciate the price. Source: Magicbricks.com

ProjectTransactionsCurrent PricePrice Change
Hiranandani Regent Hill195₹42,700₹3,833
L & T Emerald Isle169₹31,326₹130
Highland122₹44,754₹2,862
L & T Elixir Reserve120₹36,546₹711
Godrej Urban Park118₹33,191₹1,992
Hiranandani Empress Hill98₹51,067
Lodha Bellagio48₹39,835₹4,614
Hiranandani Castle Rock39₹43,078₹145
Adonia17₹58,657₹859
Hiranandani Atlantis16₹40,405
(₹98)

Visit l&t elixir address for a site visit! and avail pay in 2025 offer!

Further to l&t elixir price, we will the price of neighbouring micromarkets compared to Powai and returns.

Powai vs. neighbouring markets:

Powai Market Returns over the last 10 years

In terms of price appreciation, property rates in Powai, Mumbai, increased by 5.7 % in the last 1 year, 15 % in the last 3 years, 22 % in the last 5 years, and around 80% in the past 10 years. You can expect a rental yield of 3%+ here. Key localities in order of premium are Hirandani, L&T Emrald Isle, Shapoorji Paloonji, Raheja Vihar, Nahar Amrit Shakti, and Lake Homes. The price also reflects higher demand and prices for newly constructed properties. You can explore Powai project rates and how many units were sold here. A bit away from Powai, Godrej projects at Vikhroli too continued at similar premium prices. Source: 99acres.com

Location              Current Price         3 Months                 6 Months1 Year
Powai₹36,9560.78%5.16%7.30%
Vikhroli West₹33,4481.42%1.92%6.59%
Kanjurmarg West₹23,4751.17%6.05%4.56%
Sakinaka₹19,345-2.79%-3.79%-1.82%
Ghatkopar West₹18,226-0.28%2.25%0.35%
Kanjurmarg East₹24,4022.61%4.54%6.93%
Andheri East₹23,5223.39%2.89%5.69%

How do L&T projects perform compared to the Powai Market ROI ?

Emerald Isle delivered 6% CAGR, which is 5% ahead of Powai market rate appreciation. 

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Real estate returns are cyclic in nature, we encourage you to go thru our Disclaimer and exercise all cautions.

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