Realty News
L&T Evara Heights moves beyond ‘upcoming’ status in Thane’s Panch Pakhadi
The 12.2-acre Panch Pakhadi joint-development project associated with L&T Realty is now being presented as Evara Heights, rather than only as an upcoming scheme. L&T’s official project page lists multiple MahaRERA registrations and 2, 3 and 4 BHK homes; advertised starting prices begin at ₹1.86 crore, while registered phase timelines extend to 2030.
| Project | L&T Evara Heights, Panch Pakhadi, Thane West |
|---|---|
| Developers | L&T Realty and Jagdale Infrastructure; the project is by Elante Properties Private Limited, formerly L&T Parel Project Private Limited |
| Project status | Launched and MahaRERA-registered phases are listed by L&T Realty; as of October 2026, the broader joint-development scheme includes rehabilitation and sale components |
| Configurations | 2, 3 and 4 BHK apartments |
| Advertised starting prices | ₹1.86 crore for 2 BHK, ₹2.75 crore for 3 BHK and ₹5.30 crore for 4 BHK |
| MahaRERA registrations | T1: P51700077650; T2: P51700077678; T3: PR1330002502967; T4: P51700077681 |
| Possession | MahaRERA-linked listings give phase completion dates extending to 2030; the developer’s page directs buyers to the authority filings for statutory details |
| Land and development | The joint development agreement covers 12.2 acres, with a stated minimum 12.7 lakh sq ft rehabilitation component and 31.25 lakh sq ft sale component |
From land agreement to named residential project
L&T Realty and Jagdale Infrastructure signed a joint development agreement on May 7, 2024, for a 12.2-acre slum-rehabilitation site in Panch Pakhadi. The agreement provides for at least 12.7 lakh sq ft of rehabilitation construction and a minimum 31.25 lakh sq ft sale component. The land deal was reported in May 2024 as having more than 3.12 million sq ft of development potential.
L&T Realty now identifies the residential project as Evara Heights. Its official page names Elante Properties Private Limited—formerly L&T Parel Project Private Limited—as the project entity, with Jagdale Infrastructure as joint developer and letter-of-intent holder. The project should therefore not be described simply as an unlaunched proposal: L&T lists registered tower phases under the Evara Heights name.
Configurations and advertised prices
The developer’s project page lists 2, 3 and 4 BHK apartments. The page gives indicative carpet-area bands of 750–851 sq ft for 2 BHK, 1,050–1,212 sq ft for 3 BHK and 1,930–2,235 sq ft for 4 BHK. Its listed starting prices are ₹1.86 crore, ₹2.75 crore and ₹5.30 crore, respectively. These are advertised starting figures, not a complete price sheet; the developer says current pricing and offers are available through its sales contact.
On its official site, L&T lists MahaRERA registrations for T1, T2, T3 and T4. Registered phases may have separate disclosures and completion schedules, so buyers should check the relevant tower’s filing rather than treat one date or registration number as applying to the entire development.
Possession and phase status
Public project listings give completion dates in 2030 for Evara Heights phases, with dates varying by phase. The applicable date for a particular apartment should be read from that tower’s MahaRERA record and agreement documents.
The wider site also involves slum rehabilitation alongside the market-sale homes. That context matters when assessing the development: Evara Heights is not only a standalone apartment launch, but part of a larger redevelopment arrangement with separate components.
Panch Pakhadi location and infrastructure
The site is in Panch Pakhadi, Thane West, near the Eastern Express Highway and Thane railway station. L&T also identifies nearby retail, schools and Jupiter Hospital, while the locality is served by established road links including the highway.
Metro Line 4 is an infrastructure factor for the area, but it should not be treated as an operating passenger service on the basis of trial activity alone. The Mumbai Metropolitan Region Development Authority reported the commencement of technical inspection and trial runs on the line and its extension; these steps precede passenger operations. As of October 2026, prospective buyers should confirm the current commissioning status with the transport authority.
Development phases
Frequently asked questions
Is L&T Panch Pakhadi still only an upcoming project?
L&T Realty now presents the residential development as Evara Heights and lists several MahaRERA-registered tower phases. The broader site is being developed through a joint arrangement that includes rehabilitation housing and a sale component.
Who is developing Evara Heights?
L&T Realty and Jagdale Infrastructure are jointly developing the project. L&T’s official page identifies Elante Properties Private Limited, formerly L&T Parel Project Private Limited, as the project entity.
What apartment configurations are listed?
The developer lists 2, 3 and 4 BHK apartments.
What are the advertised starting prices?
The developer’s project page lists starting prices of ₹1.86 crore for 2 BHK, ₹2.75 crore for 3 BHK and ₹5.30 crore for 4 BHK. These are starting figures; pricing for a specific unit may differ.
What is the possession timeline?
Public listings show phase completion dates extending into 2030. The relevant MahaRERA filing and purchase agreement should be checked for the applicable tower and apartment.
Is Metro Line 4 operating for passengers?
The authority has reported technical inspection and trial runs. Those activities do not themselves establish passenger operations; check the transport authority’s latest notices for commissioning status.
Sources
- L&T Realty: Evara Heights official project page and phase registrations
- Hindustan Times: L&T Realty signs pact for joint development of 12 acre land in Thane
- Economic Times Realty: L&T Realty inks pact for joint development of 12.2-acre land in Thane
- MMRDA: Thane’s First Metro — technical inspection and trial run on Metro Line 4/4A