No. of Units
1709 Units
Project Area
4 Acres
Ownership
Freehold
Towers / Floors
3 Towers / 65 Floors
Property View
Sea View
Parking
Two Wheeler, Four Wheeler
Carpet Area
851 Sq Ft
Price
5.52 Cr
Carpet Area
1300 Sq Ft
Price
8.45 Cr
Mahalaxmi is a fast-developing residential area in Mumbai, preferred for its open surroundings and improving connectivity. The locality offers access to daily conveniences such as schools, healthcare facilities, and retail options within the broader Mahalaxmi region.
With increasing residential development and infrastructure growth, Mahalaxmi is often considered by buyers looking for affordable housing and long-term value.
Piramal Mahalaxmi is a real estate project registered under Maharashtra Real Estate Regulatory Authority, ensuring transparency and accountability in its development. Scan the RERA QR code or search for the project here: https://maharera.maharashtra.gov.in/
Piramal Mahalaxmi is a home project from Piramal Realty, set in a well-known part of South Mumbai. This setup has several tall buildings with 2 BHK, 3 BHK, or 4 BHK built for easy city life. A number of these homes look out over the Mahalaxmi Racecourse, while some even catch glimpses of the Arabian Sea - making sea-facing flats here especially appealing to people looking to buy. Shared spots like pools, workout zones, and play areas are included, giving residents everyday comforts without hassle. Folks who work in places like BKC or Narima Point find it handy ’cause it’s close by - also great for those raising kids. When hunting for Luxury flats in Mahalaxmi, plenty eye this development thanks to where it sits, how it's laid out, plus the way life fits here down the road.
Mahalaxmi’s been around a while, sitting tight in South Mumbai with homes, jobs, and daily needs all meshed together. Staying at Piramal Mahalaxmi puts you near shops, schools, clinics, plus temples - just minutes away. This spot stays fairly neat thanks to steady city upkeep and folks who keep things moving.
The spot links up smoothly with places like Lower Parel, Worli, Tardeo, or South Mumbai, so commuting fits right into everyday life. Thanks to main roads and transit choices being near, getting around town doesn’t mean taking big detours. Mahalaxmi works well for families, job-focused folks, even older adults wanting a central base plus quick access to must-have amenities.
Mahalaxmi’s property scene keeps drawing people who plan to stay or invest slowly. Not far offices mean many workers want homes here, along with locals moving up in South Mumbai. Folks often go for medium-sized or bigger units - fits their daily life better. Renting stays strong since getting around is easy and jobs aren’t far off. Prices don’t jump fast, yet buyers still show up, caring more about a solid spot than quick profits.
Getting around Mahalaxmi isn't tough thanks to solid roads and train links. Main paths lead straight to spots like Lower Parel, Worli, Byculla - so hopping across South Mumbai feels smooth. Trains stop close by, helping people ride daily with no fuss. Buses show up often, plus you can grab a taxi or book a cab using your phone at any hour. Because everything’s so well linked, new projects in mahalaxmi keep pulling buyers who want city-center living. People picking open view apartments in mahalaxmi this area enjoy steady commute times - to work, school, or stores - without being stuck if one way gets jammed midweek.
The table below shows estimated price movement in Mahalaxmi over recent years, reflecting gradual and stable growth.
|
Year (April-June) |
Price/Sq ft |
|
2021 |
Rs. 48,000 |
|
2022 |
Rs. 52,050 |
|
2023 |
Rs. 54,750 |
|
2024 |
Rs. 56,200 |
|
2025 |
Rs. 60,000 |
Piramal Mahalaxmi in Mumbai draws steady rent interest thanks to a well-connected city spot. Because it's close to job centres while offering solid local amenities, people keep showing up. This pocket holds firm, pulling in real buyers and those who like calm growth instead of quick flips. Anyone aiming to hold property for years - not months - usually sees fit here.
| Education Centres | Healthcare Centres | Entertainment & Leisure Venues |
| St. Ignatius High School (Local option) | NH SRCC Children's Hospital (Specialty Hospital) | Mahalaxmi Racecourse (RWITC) |
| Podar ORT International School (Nearby Worli/IB, IGCSE) | Kasturba Hospital (Public Hospital, nearby) | High Street Phoenix Mall (Lower Parel - Major mall/entertainment) |
| Hill Spring International School (Nearby Tardeo) | Wockhardt Hospitals (Nearby Mumbai Central - Multi-specialty) | Palladium Mall (Luxury shopping - Lower Parel) |
| Activity High School (Nearby Tardeo) | Dr. Vora's Hospital (Breach Candy) | Dhobi Ghat (Iconic historic site and viewpoint) |
| Little Feet Montessori & Activity Centre | Breach Candy Hospital (Easily accessible) | Mahalaxmi Temple (Iconic landmark and pilgrimage site) |
