L&T Island Cove Mahim Registers New Tower 4 Under MahaRERA (No. PR1170002500784) with December 2030 Completion Target
L&T Island Cove Expands with Tower 4 RERA Registration
L&T Realty has launched Tower 4 of its Island Cove project in Mahim under MahaRERA registration number PR1170002500784, with targeted completion by 31 December 2030. The registration marks a new phase in the luxury residential development, extending the company's footprint in South Mumbai's most sought-after locality.
About the Project and Developer
Island Cove presents a luxurious residential experience in the heart of Mahim, with seamless connectivity to major roads like Eastern Express Highway and Lady Jamshedji Road. Situated in Mahim West, the project has good connectivity to BKC, Bandra, Lower Parel, and proximity to Mahim Junction and future metro stations.
Tower 3 was launched under RERA number P51900080584 and offers SHOP, 2 BHK, 2 BHK SNCRPL, 3 BHK, 3 BHK SNCRPL ranging from 205 to 1249 square feet with targeted completion by 31 December 2029. This expansion reinforces L&T Realty's commitment to phased development in one of Mahim's most significant new residential addresses.
Market Context and Pricing
During Q2 2025, average property prices for L&T Island Cove moved from ₹40,400 per square foot to ₹40,800 per square foot, reflecting a 0.99% rise. The broader project pricing ranges reflect the premium positioning of Island Cove in central Mumbai's residential market.
Developer Scale and Track Record
Established in 2011, L&T Realty is the real estate arm of Larsen and Toubro, with an extensive portfolio spanning 6.50 million square metres (70 million square feet) across residential, commercial and retail developments. The company is currently present in Mumbai, Navi Mumbai, NCR, Bengaluru, Hyderabad and Chennai.
In Mumbai, L&T Realty operates multiple residential developments across prime localities. Crescent Bay in Parel and L&T Seawoods Residences in Navi Mumbai are iconic residential landmarks. Rejuve 360 in Mulund focuses on wellness living, while Elixir Reserve and Veridian in Powai offer luxurious lakeside residences. 77 Crossroads in Ghatkopar and Emerald Isle in Powai provide modern urban living. This experience forms the operational foundation for Island Cove's phased rollout in Mahim.
Regulatory Status and Registration
Tower 4's MahaRERA registration under PR1170002500784 reflects the developer's compliance with Maharashtra's real estate regulatory framework. The original Island Cove phases are registered with RERA number P51900046369, serving as a benchmark of quality and adherence to the highest standards. The new tower's separate registration acknowledges the scale and scope of this expansion within the overall project master plan.