MahaRERA Property Intelligence · Mumbai Suburban

BARBET at L and T Realty Elixir Reserve

PR1180002500072 · Powai · promoter Larsen Toubro Ltd

Certificate SignedDue 31 Jul 2029

Delivery & Registration

MahaRERA registrationPR1180002500072
Registered on12 Jun 2025
Promoter-declared completion31 Jul 2029
Current statusCertificate Signed
Against today36 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Larsen Toubro Ltd is the promoter of record on 30 projects, of which 1 carries a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~19.4% of the estimated project cost incurred as of the last certificate (₹29.89 Cr spent against a ₹154.00 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 241 homes filed with MahaRERA, 203 are sold/booked (143 with registered agreements + 60 booked) and 38 remain available (~84% sold) — selling steadily. Buyers have committed ₹387.94 Cr in agreement value so far. Of that, ₹71.00 Cr (~18%) is already collected, ₹316.94 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 203 registered agreements, the effective carpet rate is ₹36,770/sqft (typical range ₹34,110–₹40,193) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 1T6-102413 sqft (38.36 sqm)₹23.78 Lakh
Floor 1T6-103405 sqft (37.63 sqm)₹23.33 Lakh
Floor 1T6-104403 sqft (37.44 sqm)₹23.21 Lakh
Floor 1T6-105419 sqft (38.89 sqm)₹24.11 Lakh
Floor 12T6-1202413 sqft (38.36 sqm)₹1.47 Cr
Floor 12T6-1203405 sqft (37.63 sqm)₹1.42 Cr
Floor 12T6-1209387 sqft (35.93 sqm)₹1.39 Cr
Floor 12T6-12101,083 sqft (100.65 sqm)₹3.70 Cr
Floor 13T6-1302413 sqft (38.36 sqm)₹23.78 Lakh
Floor 13T6-1303405 sqft (37.63 sqm)₹23.33 Lakh
Floor 22T6-2206396 sqft (36.79 sqm)₹22.81 Lakh
Floor 22T6-2207407 sqft (37.82 sqm)₹23.45 Lakh
Floor 23T6-2304403 sqft (37.44 sqm)₹23.21 Lakh
Floor 23T6-2305419 sqft (38.89 sqm)₹24.11 Lakh
Floor 23T6-2306396 sqft (36.79 sqm)₹22.81 Lakh
Floor 23T6-2307407 sqft (37.82 sqm)₹23.45 Lakh
Floor 24T6-2406396 sqft (36.79 sqm)₹22.81 Lakh
Floor 24T6-2407407 sqft (37.82 sqm)₹23.45 Lakh
Floor 25T6-2502413 sqft (38.36 sqm)₹23.78 Lakh
Floor 25T6-2503405 sqft (37.63 sqm)₹23.33 Lakh
Floor 25T6-2506396 sqft (36.79 sqm)₹22.81 Lakh
Floor 25T6-2507407 sqft (37.82 sqm)₹23.45 Lakh
Floor 3T6-302413 sqft (38.36 sqm)₹23.33 Lakh
Floor 3T6-303405 sqft (37.63 sqm)₹23.33 Lakh
Floor 3T6-304403 sqft (37.44 sqm)₹23.21 Lakh
Floor 3T6-305419 sqft (38.89 sqm)₹24.11 Lakh
Floor 4T6-402413 sqft (38.36 sqm)₹23.78 Lakh
Floor 4T6-403405 sqft (37.63 sqm)₹23.33 Lakh
Floor 4T6-404403 sqft (37.44 sqm)₹23.21 Lakh
Floor 4T6-405419 sqft (38.89 sqm)₹24.11 Lakh
Floor 5T6-502413 sqft (38.36 sqm)₹23.78 Lakh
Floor 5T6-503405 sqft (37.63 sqm)₹23.33 Lakh
Floor 5T6-509387 sqft (35.93 sqm)₹22.28 Lakh
Floor 5T6-5101,083 sqft (100.65 sqm)₹62.40 Lakh
Floor 6T6-602413 sqft (38.36 sqm)₹23.78 Lakh
Floor 6T6-603405 sqft (37.63 sqm)₹23.33 Lakh
Floor 7T6-702413 sqft (38.36 sqm)₹23.78 Lakh
Floor 7T6-703405 sqft (37.63 sqm)₹23.33 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+29 and 241 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
T-61G+29241-

Unit mix on the filing: 241 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
High Court Of Judicature At Bombay94862019Ongoing
High Court Of Judicature At Bombay15412017Ongoing

Location, Land & Connectivity

Located at Powai, Saki VIhar Road, Mumbai City, Mumbai City, 400072. Per the filed land record, the plot is bounded to the north by 87 (Part) of Village Paspoli, to the south by 87 (Part) of Village Paspoli, to the east by 87 (Part) of Village Paspoli / Saki Vihar Road and to the west by 87 (Part) of Village Paspoli. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Powai / Hiranandani business park2 km
Andheri MIDC / SEEPZ3 km
Chhatrapati Shivaji Int'l Airport5 km
Bandra Kurla Complex (BKC)7 km
Lower Parel / Worli business district16 km
Nariman Point / Fort24 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Builder track record

Larsen & Toubro Ltd. is the promoter on 25 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

See every Larsen & Toubro Ltd. project & its RERA track record →

Other flagged projects by Larsen & Toubro Ltd.

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Other RERA-registered projects in Powai

Godrej Urban Park
possession by Sep 2026 · Godrej Properties Limited
55 Corporate Avenue Building NO 2
possession by Dec 2026 · THE Cannonade Construction Company PVT L
Ibis At L And T Realty Elixir Reserve
possession by Dec 2026 · Larsen & Toubro Ltd.
Leo Heights
Not filing quarterly progress reports · possession by Dec 2026 · Sir George P Joseph
Somani 72 East
possession by Dec 2026 · Nircon Developers PVT LTD
72 Marina - Phase I - Tierra And Torres
possession by Dec 2026 · D S Developers

Major developers building in Powai

Other RERA-registered projects in Mumbai Suburban

Basera CHS LTD
declared completion Jul 2023 · Lakshmi Builders AND Developers
Basheera Residency
possession by Dec 2028 · Yusuf Noor Mohd Khan
Basil Residency
possession by Dec 2026 · Poseidon Realtors
Bathia Building No 2
declared completion Dec 2024 · M/s. Samarpan Spaces
Bay Heights
possession by Nov 2030 · Excel Enterprises India Private Limited
BAY VUE
possession by Dec 2026 · H AND Y Realities Private Limited

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026