MahaRERA Property Intelligence · Mumbai Suburban
P51800055987 · Powai · promoter Larsen Toubro Ltd
| MahaRERA registration | P51800055987 |
| Registered on | 02 May 2024 |
| Promoter-declared completion | 30 Apr 2028 |
| Current status | Certificate Signed |
| Against today | 21 months to the declared date |
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.
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.
MahaRERA's cost filing puts construction at ~41.7% of the estimated project cost incurred as of the last certificate (₹102.70 Cr spent against a ₹246.36 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.
Of 121 homes filed with MahaRERA, 85 are sold/booked (80 with registered agreements + 5 booked) and 36 remain available (~70% sold) — selling steadily. Buyers have committed ₹694.38 Cr in agreement value so far. Of that, ₹376.37 Cr (~54%) is already collected, ₹318.01 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 85 registered agreements, the effective carpet rate is ₹46,176/sqft (typical range ₹38,765–₹57,655) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Basement | Shop 1 | 1,793 sqft (166.6 sqm) | ₹1.51 Cr |
| Basement | Shop 10 | 1,793 sqft (166.54 sqm) | ₹1.51 Cr |
| Basement | Shop 11 | 1,486 sqft (138.08 sqm) | ₹1.25 Cr |
| Basement | Shop 12 | 1,404 sqft (130.4 sqm) | ₹1.18 Cr |
| Basement | Shop 14 | 1,432 sqft (133.04 sqm) | ₹1.20 Cr |
| Basement | Shop 15 | 795 sqft (73.9 sqm) | ₹66.15 Lakh |
| Basement | Shop 2 | 1,494 sqft (138.76 sqm) | ₹1.26 Cr |
| Basement | Shop 3 | 1,405 sqft (130.52 sqm) | ₹1.18 Cr |
| Basement | Shop 4 | 1,773 sqft (164.75 sqm) | ₹1.49 Cr |
| Basement | Shop 4 | 1,773 sqft (164.75 sqm) | ₹1.49 Cr |
| Basement | Shop 5 | 1,429 sqft (132.78 sqm) | ₹1.20 Cr |
| Basement | Shop 6 | 825 sqft (76.64 sqm) | ₹69.36 Lakh |
| Basement | Shop 9 | 1,710 sqft (158.85 sqm) | ₹1.44 Cr |
| Floor 1 | 101 | 1,987 sqft (184.63 sqm) | ₹1.14 Cr |
| Floor 1 | 102 | 1,872 sqft (173.92 sqm) | ₹1.08 Cr |
| Floor 1 | 104 | 1,811 sqft (168.23 sqm) | ₹1.04 Cr |
| Floor 2 | 201 | 1,987 sqft (184.63 sqm) | ₹1.14 Cr |
| Floor 22 | 2201 | 1,987 sqft (184.63 sqm) | ₹1.14 Cr |
| Floor 22 | 2202 | 1,872 sqft (173.92 sqm) | ₹1.08 Cr |
| Floor 22 | 2203 | 1,280 sqft (118.89 sqm) | ₹73.69 Lakh |
| Floor 22 | 2204 | 1,811 sqft (168.23 sqm) | ₹1.04 Cr |
| Floor 25 | 2501 | 1,987 sqft (184.63 sqm) | ₹1.14 Cr |
| Floor 25 | 2502 | 1,872 sqft (173.92 sqm) | ₹1.08 Cr |
| Floor 25 | 2503 | 1,280 sqft (118.89 sqm) | ₹73.69 Lakh |
| Floor 25 | 2504 | 1,811 sqft (168.23 sqm) | ₹1.04 Cr |
| Floor 26 | 2601 | 1,987 sqft (184.63 sqm) | ₹1.14 Cr |
| Floor 26 | 2602 | 1,872 sqft (173.92 sqm) | ₹1.08 Cr |
| Floor 26 | 2603 | 1,280 sqft (118.89 sqm) | ₹73.69 Lakh |
| Floor 26 | 2604 | 1,811 sqft (168.23 sqm) | ₹1.04 Cr |
| Upper Ground | Shop 27 | 1,322 sqft (122.8 sqm) | ₹1.11 Cr |
| Upper Ground | Shop 28 | 1,428 sqft (132.65 sqm) | ₹1.20 Cr |
| Upper Ground | Shop 29 | 1,243 sqft (115.52 sqm) | ₹1.05 Cr |
| Upper Ground | Shop 30 | 1,131 sqft (105.04 sqm) | ₹95.06 Lakh |
| Upper Ground | Shop 31 | 1,426 sqft (132.51 sqm) | ₹1.20 Cr |
| Upper Ground | Shop 32 | 1,333 sqft (123.83 sqm) | ₹1.12 Cr |
| Upper Ground | Shop 33 | 798 sqft (74.18 sqm) | ₹67.13 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.
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+30 and 121 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| T1-CYGNUS at L and T Realty Elixir Reserve | 1 | G+30 | 121 | - |
Unit mix on the filing: 101 residential and 20 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 4 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Of Judicature At Bombay | 9486/2019 | 2019 | Petition Is Not Admitted Till Date As Per Uploaded Tc Title Of Land Is Clear And Marketable |
| District Superintendent Of Land Records | 298 of 2022 | 2022 | Appeal Is Admitted |
| Deputy Director Of Land Records | 290 of 2023 | 2023 | Revision Is Pending For Hearing |
| High Court | 9486/2019 | 2019 | Ongoing |
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.
🔒 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.
🔒 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.
🔒 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.
Should you buy in CYGNUS at L and T Realty Elixir Reserve?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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 →
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