Sources checked 18 Oct 2026 Sources: the builder's page and RERA filings We take no commission or fee if you buy How we check projects
Four-tower gated community in Mahim; Housiey marks every 2 BHK sold out.
Homes in this project
Price note: 3 BHK: Housiey all-inclusive price list (base cost, stamp duty, registration, GST, possession charges) updated 31 Jul 2026, available units only (1,034 and 1,386 sq ft sold out); builder publishes no prices. Checked 18 Oct 2026
Each price is marked with where it came from and, where the source says, what it includes. Unless marked all-inclusive, listed prices may leave out GST, stamp duty, registration, parking, club and maintenance charges. Ask the builder for the full cost in writing.
Prices on one scale
Each size's listed price range, on the same kind of scale as the area pages.
- 3 BHK ₹5.25 Cr – ₹7.54 Crlisting portal
3 BHKPrices may leave out GST and other charges
EMI from about ₹3,41,700 a month*
*An illustration, not a loan offer or financial advice: the largest loan RBI rules allow on the lowest listed price (75% of the price for loans above ₹75 lakh, 80% from ₹30 to 75 lakh, 90% up to ₹30 lakh), at an assumed 8.5% a year over 20 years. The rest of the price, stamp duty and registration come from your own money. Your bank's rate, fees and terms will differ. Work out your own EMI.
What you'll actually pay
The listed price plus GST and government charges. Builder charges such as parking and club fees aren't public, so they stay a gap to ask about.
3 BHK: ₹5.25 Cr already includes GST, stamp duty and registration, per the source (listing portal · all-inclusive, with stamp duty and registration). Ask which builder charges it covers.
- Floor rise and preferred location charges
- Car parking
- Club membership
- Maintenance deposit and corpus fund
- Legal and documentation fees
Maharashtra rates for a man buying in the BMC area: 6% stamp duty including the 1% metro cess, and a 1% registration fee capped at ₹30,000. Duty is charged on the higher of the price and the government's minimum value for the property, so it can come out higher. GST is 5% on a flat bought before its completion certificate, or 1% on an affordable one (up to ₹45 lakh, with carpet area within 60 sq m), and none once the certificate is issued. How these charges work. General information, not legal or tax advice: confirm the figures with the builder and the sub-registrar.
Is this price fair?
Two checks that cut through brochure maths: how much of the quoted area is inside your walls, and what each usable sq ft costs.
All in, the cheapest listed home here costs about ₹50,200 per carpet sq ft. That is 22% below the median of ₹64,200 across 8 other new projects within 5 km.
Carpet area is the usable floor area inside the flat's walls, as RERA defines it. Super built-up area adds a share of lobbies, stairs and other common areas, so the same flat looks cheaper per sq ft on super built-up. The comparison adds GST and government charges to every price, as in the block above, so prices that include different things line up; builder charges are still left out. It uses each project's lowest listed price and smallest size, and location, floor and finish all move prices, so treat it as a starting point.
Key facts
Island Cove
- Promoter
- L&T Realty
- RERA reg. no.
- P51900046369, P51900080584, PR1170002500784
- Completion
- Jun 2028 (RERA date, as quoted by a listing portal)
- Homes
- 3 BHK · 4 towers
- Check it
- MahaRERA website
As listed in our sources, checked 18 Oct 2026. Not an official document: check the registration on the RERA website before you pay.
8 mo
Handover in about 1 year 8 months.
Jun 2028 is the RERA date, as quoted by a listing portal; completion dates can be extended.
| Handover | Jun 2028 (RERA date, as quoted by a listing portal) |
|---|---|
| Status | Under construction |
| RERA registration | P51900046369 P51900080584 PR1170002500784 |
| Towers | 4 |
| Land | 2.5 acres |
| How sure we are | High: the builder's page and RERA filing data (what this means) |
Drive to major office hubs
- Bandra Kurla Complex ~13 min typical · ~15 min at rush hour · 4.2 km by road
- Lower Parel and Worli offices ~19 min typical · ~22 min at rush hour · 6.4 km by road
- Mumbai Airport ~19 min typical · ~22 min at rush hour · 6.8 km by road
- Goregaon East ~32 min typical · ~38 min at rush hour · 14.1 km by road
- Andheri East ~37 min typical · ~43 min at rush hour · 12.8 km by road
- Vikhroli ~39 min typical · ~46 min at rush hour · 15.6 km by road
- Powai ~42 min typical · ~50 min at rush hour · 16.3 km by road
- Nariman Point and Fort ~43 min typical · ~51 min at rush hour · 14.8 km by road
Drive times start from OpenStreetMap road routes. Routing assumes empty roads, so we slow them down until the middle trip runs at the average and rush-hour speeds in the TomTom Traffic Index 2025. Treat them as a guide and try the drive at the hour you would commute.
How it compares with new projects nearby
Swipe the table to compare
| Project | From | Per sq ft | Possession | Away |
|---|---|---|---|---|
| Island Cove (this one) | ₹5.25 Crlisting portal · all-inclusive, with stamp duty and registration | ₹50,200 carpet | Jun 2028 | – |
| Rustomjee Stella | ₹2.95 Crlisting portal · all-inclusive | ₹43,000 carpet | Dec 2027 | 1.6 km |
| Lodha Divino | ₹6.65 Crbuilder | – | Not stated | 1.6 km |
| Lodha Vero | ₹9.7 Crbuilder | – | Not stated | 1.6 km |
| Rustomjee Privé | ₹7.12 Crbuilder · GST and charges extra | ₹65,300 carpet | Nov 2029 | 1.9 km |
| Kalpataru Magnus | ₹8.48 Crlisting portal · all-inclusive, with stamp duty and registration | ₹64,200 carpet | Ready | 2.1 km |
Lowest listed prices. Some include GST and charges and others don't, so check each project's price note. Per sq ft keeps carpet and super built-up (SBA) apart, so compare like with like.
Where these details come from
- lntrealty.com: RERA numbers (Island Cove, Tower 3, Tower 4), 2 and 3 BHK homes, gated community in Mahim (checked 18 Oct 2026)
- housiey.com listing portal: carpet areas, all-inclusive prices, sold-out marks, RERA possession Jun 2028, 4 towers, 2.5 acres (checked 18 Oct 2026)
- maharera.maharashtra.gov.in RERA register: MahaRERA GIS map data: all three numbers = LH Residential Housing Pvt Ltd (with partners), Mahim, pincode 400016; pin 19.043398, 72.842507 from PR1170002500784 (checked 18 Oct 2026)
Ask the builder for the current price sheet, and check the registration on the MahaRERA website before you book. How to check RERA. This page is general information, not legal, tax or financial advice.