L&T Vayam in Wagle Estate, Thane: Launch Status, Prices and Possession

What is being launched

L&T Vayam is a residential project in Wagle Estate, Thane, developed under the L&T Realty brand. Elante Properties Private Limited, formerly L&T Parel Project Private Limited, is the lead developer, and J.S.K. Estates Private Limited is the landowner in the joint development. MahaRERA lists both companies as registered promoters.

The project is marketed as premium residential living in a gated, high-rise community. The developer describes it as a low-density scheme on 4.8 acres with four residential towers, two of which form the first phase. The project is also listed under the names L&T Vayam Thane and L&T Realty Vayam.

L&T Realty announced the launch of Vayam in the Mumbai Metropolitan Region in 2026. Bookings are open on the developer's listing, and the project is shown as New Launch.

Configurations and prices

The project offers 2, 3 and 4 BHK apartments. The developer's official site highlights 2 and 3 BHK homes, while the registered project information includes 4 BHK units. Carpet areas reported in listings are as follows:

• 2 BHK: 668 sq ft carpet, about ₹1.62 Cr all-inclusive
• 3 BHK: 1,100 sq ft carpet, about ₹2.62 Cr all-inclusive
• 4 BHK: 1,270 sq ft carpet, about ₹3.20 Cr all-inclusive

All-inclusive prices, as listed, cover the base price, stamp duty, registration charges, GST and possession charges. Dividing these prices by carpet area gives roughly ₹24,250 per sq ft for 2 BHK, ₹23,820 for 3 BHK and ₹25,200 for 4 BHK. These are calculated figures, not published rates. The most recent listing prices carry no explicit date.

The reported payment structure is a construction-linked plan, with bank loans of up to 90 per cent possible. For the 668 sq ft unit, the minimum down payment is listed at ₹24 lakh, including taxes. Some listings give wider carpet ranges of 668 to 1,448 sq ft, so buyers should confirm unit sizes against the sanctioned plan.

Approvals, RERA and construction status

The project is registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA). Tower 4 is registered under PM1330002600564, issued on 29 May 2026. Tower 3 is registered under PM1330002600565.

MahaRERA's proposed possession date was July 2033, and the record now shows March 2033. The developer's own page does not state a possession date, and some third-party listings give earlier years, so the RERA date is the reference point.

Construction has not started on any of the 11 stages tracked in MahaRERA progress reports as of October 2026. A commencement certificate is reported as available. The occupation certificate will be applied for closer to possession.

MahaRERA's filing for Tower 4 lists 428 units over up to 70 floors. The developer's site describes 50-plus storeys of Art Deco-inspired design.

Location and connectivity

Wagle Industrial Estate is in Thane West, at the Thane and Mulund end of the Thane-Mulund corridor. The distances below are reported in listings and the developer's materials:

• Eastern Express Highway: about 2.3 km
• LBS Marg: about 2.5 km
• Thane railway station: about 5.1 km, roughly 13 minutes by bus
• Nearest railway stations: Mulund and Thane
• Mumbai International Airport: about 20 to 25 km via the Eastern Express Highway

Nearby lakes and hills include Upvan Lake, Yeoor Hills and Rayladevi Lake. Schools in the area include Singhania School, Billabong High School and NES International School. Jupiter Hospital is about 3.6 km away.

Infrastructure coming up

The Thane Integral Ring Metro is the main planned transit line for the area. The line has 22 stations over an approved length of 29 km. The central government approved it on 14 August 2024, and it is expected to be operational by 2029. Civil construction in Ghodbunder had begun as of April 2026. A Wagle Circle station in Wagle Estate is planned.

• Thane-Borivali twin-tube tunnel: under construction, targeted for completion in 2027 to 2028
• Thane Coastal Road-1: 45 per cent complete as of 14 October 2026; it is expected to offer an alternative to Ghodbunder Road once operational
• Mumbai Metro Line 4 (Wadala to Kasarvadavali): under construction, with a station planned near Wagle Industrial Estate
• World Trade Centre Thane: a commercial and logistics complex under construction in Wagle Estate, with an estimated investment of ₹800 crore, announced in 2024

These projects are under construction or planned. None is operational yet.

Local market context

Average flat rates in Wagle Estate were around ₹20,950 per sq ft in January to March 2026, according to 99acres. Average transaction rates in the locality were about ₹16,425 per sq ft. Prices rose 1.0 per cent over the last year and 13.2 per cent over five years.

A nearby comparison is Dosti 604 in Wagle Estate, where 2 BHK units of 710 sq ft are listed at about ₹1.45 Cr and 760 sq ft units at about ₹1.60 Cr. Average prices across Thane West were about ₹20,450 per sq ft.

Amenities and specifications

The developer's site lists a clubhouse, swimming pool, gymnasium, jogging and cycling tracks, sports courts, indoor games, a mini theatre, yoga and meditation areas, landscaped gardens, kids' play areas and senior-citizen spaces. Listings describe four amenity levels, from the ground floor to the 37th level, with over 2 lakh sq ft of amenity space.

• Sports: badminton, squash, futsal, pickleball, box cricket and a skating rink
• Pools: swimming pool and kids' pool
• Security: 24/7 security, CCTV and video door phones
• Green features: rainwater harvesting, water recycling, low-flow fixtures and rooftop solar panels
• Other: EV charging, a pet park and podium car parking

Flooring is vitrified tile, and kitchens have granite platforms. Each floor has six flats served by two lifts and one staircase. The developer describes the layout as Vastu compliant.