7 MahalaxmiUnder Construction in Mahalaxmi
📍 NM Joshi Marg, Mahalaxmi · by Runwal Enterprises
7 Mahalaxmi is a under construction residential project by Runwal Enterprises at NM Joshi Marg, Mahalaxmi. The configurations on record are 2, 3 & 4 BHK of 814, 872, 1,266, 1,297 and 2,079 sq ft carpet. This page is Real Estate Mumbai's read on 7 Mahalaxmi against the resale and rental market in Mahalaxmi — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in 7 Mahalaxmi would rent for
Mahalaxmi has 68 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹2 L a month — about ₹256 per sq ft of carpet a month (middle half ₹227–₹275).
At today's rates that makes a 814 sq ft 2 BHK roughly ₹2.08 L a month, a 872 sq ft 2 BHK roughly ₹2.23 L a month and a 1,266 sq ft 3 BHK roughly ₹2.92 L a month.
At ₹56,000 per sq ft, that is a gross rental yield of about 5.0% to 5.5% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Mahalaxmi rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 814 sq ft | ₹256/sq ft/mo (68 live) | ≈ ₹2.08 L/mo | ~5.5% |
| 2 BHK | 872 sq ft | ₹256/sq ft/mo (68 live) | ≈ ₹2.23 L/mo | ~5.5% |
| 3 BHK | 1,266 sq ft | ₹231/sq ft/mo (206 live) | ≈ ₹2.92 L/mo | ~5.0% |
| 3 BHK | 1,297 sq ft | ₹231/sq ft/mo (206 live) | ≈ ₹3 L/mo | ~5.0% |
| 4 BHK | 2,079 sq ft | ₹237/sq ft/mo (113 live) | ≈ ₹4.93 L/mo | ~5.1% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Mahalaxmi on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market 7 Mahalaxmi competes with
69 2 BHK resale homes are on the market in Mahalaxmi right now, median ₹5.35 Cr at ₹66,138 per sq ft; the middle half asks ₹53,191–₹74,342. Listings are on average 24 days old.
7 Mahalaxmi prices at ₹56,000 per sq ft — 15% below the resale median and inside the middle of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Mahalaxmi asks a median ₹71,654 per sq ft (118 live).
Where Mahalaxmi prices are moving
Real Estate Mumbai's Mahalaxmi price index reads 106.1 for Sep 2026 (base 100), a median asking ₹69,384 per sq ft across 474 listings, up 1.2% on the month. By configuration: 2 BHK ₹63,613, 3 BHK ₹68,864, 4 BHK+ ₹75,675 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹69,384 | 106.1 | +1.2% | 474 |
| Aug 2026 | ₹68,564 | 104.9 | +4.9% | 360 |
| Jul 2026 | ₹65,365 | 100.0 | — | 408 |
Real Estate Mumbai price index, computed monthly from live asking prices in Mahalaxmi (base 100). Asking, not registered, prices.
7 Mahalaxmi on MahaRERA — what to check before you book
7 Mahalaxmi is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Tower 2 | P51900079270 | Tower - 2 · 84 fl | 150 | Feb 2032 | Feb 2025 |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Ready homes in Mahalaxmi you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2, BHK and larger first.
About 7 Mahalaxmi
Runwal 7 Mahalaxmi is a residential project located in Mahalaxmi, NM Joshi Marg. Currently under construction, the project offers 2 BHK, 3 BHK, 4 BHK apartments with carpet areas ranging from 814 to 2079 sq.ft, priced from ₹11.12 Cr All In. The development comprises 77 floors. RERA registered (P51900079270). Amenities include Swimming Pool, Kids Play Area, Garden, Clubhouse, Indoor Games, Gymnasium, Jogging Track, Yoga Room, and more.
Amenities
Next steps — clarity before you step out
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7 Mahalaxmi — the questions investors ask
What rent can a flat in 7 Mahalaxmi earn?
Is 7 Mahalaxmi priced above resale in Mahalaxmi?
Are prices in Mahalaxmi rising?
Is 7 Mahalaxmi MahaRERA registered?
What can I buy in Mahalaxmi today instead?
How do I get the price list or a site visit for 7 Mahalaxmi?
Who is the builder of 7 Mahalaxmi?
What is the possession status of 7 Mahalaxmi?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 09 Jun 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on 7 Mahalaxmi
NM Joshi Marg, Mahalaxmi · Runwal Enterprises
