L&T Elixir Reserve Ibis, Powai Mumbai – New Launch by L&T Realty

Name: L&T ELIXIR RESERVE - IBIS
Brand: L&T Realty
Price: 16600000 INR
Availability: InStock

The Address & The Vision

An Address Worth Owning

L&T Elixir Reserve Ibis is a residential tower within L&T Realty's Elixir Reserve development in Powai, offering 1 BHK+1T and 2 BHK+2T homes registered under Maharashtra RERA as P51800055830. The tower is one part of a larger, phased enclave that L&T Realty has planned across its own campus land in Powai, a locality the developer has built in for over a decade.

The setting draws directly from what surrounds it: a forest edge, a lake view, and a hillock that shapes the layout of the towers around it. Living here means daily routines set against green cover that is unusual for a location this close to Mumbai's commercial corridors, with schools, offices, and retail all within walking distance of the campus gate.

Homes at Ibis are designed with vitrified tiling through the living, dining and bedroom spaces, modular kitchens, and white sanitary ware with CP fittings in the bathrooms, alongside a panic-button security link to the ground-floor security desk. The intent is a compact, efficient home that still carries the finish level associated with L&T Realty's larger Powai residences.

Powai's appeal as a residential address has held steady over successive market cycles, supported by its proximity to IIT Bombay, established corporate parks, and retail anchors like Hiranandani's commercial precincts. For a buyer evaluating Ibis, the case rests on a known developer, a campus-controlled address, and a locality that has not needed reinvention to stay relevant.

L&T Elixir Reserve Ibis is now open for booking, within the same Powai campus that has hosted L&T Realty's residential projects for years.

Visualize Your Future Space

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 1

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 2

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 3

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 4

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 5

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 6

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 7

L&T ELIXIR RESERVE - IBIS, Powai, Mumbai — Photo 8

Configurations & Pricing

Choose Your Space

Starting from Rs. 1.66 Cr onwards

Configuration	Size	Starting Price
1 BHK+1T Compact 1 BHK residences within the Elixir Reserve enclave in Powai	272–393 sq.ft.	Rs. 1.66 Cr
2 BHK+2T 2 BHK homes with two toilets, part of the Ibis tower in Powai		Rs. 4.53 Cr

Lifestyle

World-Class Amenities

Recreation

Clubhouse lounge
Indoor games room
Multipurpose hall
Library and reading room
Business lounge

Active

Swimming pool
Gymnasium
Jogging and cycling track
Tennis court
Squash court

Community

Kids play area
Kids pool
Multipurpose hall for gatherings

Greens & Outdoors

Landscaped gardens
Forest-facing green cover
Hillock and lake views

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Preview only — request full plan

Location / Address

A Defining Address

L&T Campus, Saki Vihar Road / JVLR, Powai, Mumbai 400072 · Powai · Mumbai

Powai has grown into one of central Mumbai's most established residential and commercial micro-markets, anchored by the 120-year-old Powai Lake and the campus of IIT Bombay. The locality combines IT and corporate offices, retail, and educational institutions within a compact, walkable radius, which has kept it in steady demand among homebuyers working across the Andheri-Powai-BKC corridor.

L&T Elixir Reserve Ibis sits within L&T's own campus off Saki Vihar Road, opposite the A.M. Naik School, placing it inside a landscape framed by forest, a lake and a hillock. The address benefits from road access via JVLR and the Eastern and Western Express Highways, with the Sakinaka and Marol Naka metro stations within reach, keeping the airport and the wider business districts of the city within a short drive.

Preview only — request full map

Connectivity

Location Advantages

Thoroughfares

Jogeshwari-Vikhroli Link Road (JVLR) — Adjoining
Sakinaka Metro Station — Nearby
Eastern Express Highway — Short drive
Western Express Highway — Short drive

Corporate

L&T Business Park, Powai — Within campus vicinity
ATL Corporate Park — Nearby
Hiranandani Business Park, Powai — Short drive

Hospitality

The Westin Mumbai Powai Lake — Short drive
Renaissance Mumbai Convention Centre Hotel — Short drive

Education

A.M. Naik School — Opposite the project
IIT Bombay — Short drive
Hiranandani Foundation School — Short drive

Healthcare

Nirali A.M. Naik Charitable Health Care Facility — A few minutes away
Hiranandani Hospital, Powai — Short drive
Seven Hills Hospital — Short drive

Schedule a Site Visit

See the property in person. Our sales team will get in touch to coordinate a visit at your convenience.

Beyond the Project

Infrastructure & Growth

JVLR corridor upgrades

The Jogeshwari-Vikhroli Link Road running past the Elixir Reserve campus continues to see capacity upgrades, easing east-west connectivity across Mumbai's northern suburbs for Powai residents.

Mumbai Metro Line 6

The Swami Samarth Nagar-Vikhroli metro corridor is planned to pass near Powai, adding a rail option that connects the locality further into the city's expanding metro network.

Sakinaka and Marol Naka metro stations

Existing metro stations at Sakinaka and Marol Naka give Powai residents rail access into the Andheri and BKC office corridors without relying solely on road transport.

Santacruz-Chembur Link Road (SCLR)

The SCLR provides an established east-west arterial link from Powai's periphery, cutting travel time to the western suburbs and the airport corridor.

Eastern and Western Express Highway access

Both express highways remain within easy reach of Powai, keeping the locality connected to South Mumbai, the airport, and Thane along established arterial routes.

Build Quality

Specifications

Structure

RCC framed structure with solid block masonry

Flooring

Vitrified tiles in living, dining, bedrooms and kitchen

Bathroom

White sanitary ware with European WC and CP fittings

Kitchen

Modular kitchen provision

Security

Panic button connected to ground-floor security
CCTV surveillance

Why Invest

Compelling Reasons

1

Address within L&T's own Powai campus

Ibis stands on land controlled by L&T's own Powai campus, giving the project a degree of planning continuity and access control not available to standalone developments in the locality.

2

Forest, lake and hillock setting

The tower is positioned against a natural backdrop of forest cover, a lake, and a hillock, an uncommon combination for a residential address this close to central Mumbai's commercial belt.

3

Developer track record in Powai

L&T Realty has an established presence in Powai through Emerald Isle and Veridian, giving buyers a developer with a delivered history in the same micro-market rather than an unproven entrant.

4

Compact, efficient configurations

1 BHK+1T and 2 BHK+2T layouts are sized for efficient, lock-and-leave living, suited to end-users and investors targeting Powai's steady rental demand from the IT and corporate workforce nearby.

5

Connectivity via JVLR and metro

Direct access to JVLR, plus proximity to the Sakinaka and Marol Naka metro stations, keeps commutes to Andheri, BKC and the airport corridor practical for daily working professionals.

6

Walkable social infrastructure

Schools, corporate parks, hospitals and retail are all within a short distance of the campus gate, reducing daily dependence on longer commutes for essential needs.

About the Developer

L&T Realty

Established in 2011, L&T Realty is the real estate subsidiary of Larsen & Toubro — a conglomerate with over eight decades of engineering, construction, and infrastructure delivery across India and more than 50 countries. Headquartered in Mumbai, L&T Realty operates across six cities: Mumbai, Navi Mumbai, the National Capital Region, Bengaluru, Hyderabad, and Chennai. Its portfolio spans 70 million square feet across residential, commercial, and retail developments, making it one of the larger diversified real estate platforms in the country by area under development.

The company's approach draws directly from its parent's engineering culture: insight-driven planning, disciplined land acquisition, and rigorous construction standards applied consistently across project types and price points. L&T Realty maintains comprehensive in-house capabilities — design, sales and marketing, finance, construction, and project management — so that every stage of a project is governed by the same quality framework rather than delegated piecemeal to external contractors. This vertical integration is the structural reason the company cites for its ability to deliver across diverse geographies without diluting its standards.

The residential portfolio ranges from transit-oriented developments such as Seawoods Residences in Navi Mumbai — described as India's first such community built around a transit hub — to ultra-luxury towers like The Gateway in Mumbai's Sewri, co-designed with globally recognised firms HBA and Hafeez Contractor. On the commercial side, projects include business parks and grade-A office buildings across Mumbai, Navi Mumbai, Chennai, and Bengaluru, with a recent outright land acquisition in Mumbai's Lower Parel for a premium grade-A office building at Rs 448.6 crore. In the NCR, a 20-acre site in Gurugram acquired in 2026 adds approximately 3.6 million square feet of development potential to the pipeline.

L&T Realty's ownership philosophy is anchored in what the company calls "The L&T Way" — transparency, trust, and ethical practice carried from the parent group into every customer interaction. The company is actively consolidating its realty business into L&T Realty Properties Ltd, a wholly owned subsidiary, signalling a longer-term institutional direction for the platform. A JM Financial analysis published in December 2025 projected the business at a valuation of approximately Rs 58,000 crore by FY30, reflecting the depth of the land pipeline and the credibility of the L&T brand in an increasingly organised Indian real estate market.

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Frequently Asked Questions

What configurations are available at L&T Elixir Reserve Ibis?+

L&T Elixir Reserve Ibis in Powai offers 1 BHK+1T residences and 2 BHK+2T residences, with carpet areas ranging from 272 sqft up to 743 sqft.

Is L&T Elixir Reserve Ibis RERA approved?+

Yes, L&T Elixir Reserve Ibis is registered with Maharashtra RERA under registration number P51800055830.

What is the possession timeline for L&T Elixir Reserve Ibis in Powai?+

The Ibis tower at L&T Elixir Reserve is slated for possession around December 2026, as per the project's RERA filing.

Where exactly is L&T Elixir Reserve Ibis located in Mumbai?+

The project sits within the L&T Campus off Saki Vihar Road and the Jogeshwari-Vikhroli Link Road (JVLR) in Powai, Mumbai, opposite the A.M. Naik School.

What amenities can residents of L&T Elixir Reserve Ibis expect?+

As part of the wider Elixir Reserve enclave, Ibis residents get access to a lifestyle amenity set that includes a swimming pool, gymnasium, landscaped gardens, indoor games room, and a clubhouse-style lounge, set against a forest, lake and hillock backdrop.

Can home loans be availed for a unit at L&T Elixir Reserve Ibis?+

Home loan financing is available for L&T Elixir Reserve Ibis through leading banks and NBFCs, and buyers can discuss construction-linked payment plans directly with the L&T Realty sales team.