7 Mahalaxmi Under Construction in Mahalaxmi
As of 5 Nov 2026, 7 Mahalaxmi in NM Joshi Marg, Mahalaxmi by Runwal Enterprises is an under-construction 2, 3 & 4 BHK residential project at ₹55,963/sq ft, MahaRERA possession Feb 2032. Ready resale 2 BHK flats in Mahalaxmi ask a median ₹70,256 per sq ft carpet.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 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, about 800–2,100 sq ft carpet. Project facts and property enquiries for 7 Mahalaxmi, Mahalaxmi. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
7 Mahalaxmi: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹55,963 /sq ft · ₹4.55 Cr – ₹11.64 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Mahalaxmi micro-market rate | ₹74,311 /sq ft | Resale median across 120 live Mahalaxmi listings; middle half ₹62,500–₹82,799. This project asks 25% less than resale. |
| Rent potential | ₹240 /sq ft a month · 2 BHK ≈ ₹2.04 L/mo | Median asking rent in Mahalaxmi, 121 live listings. At the project rate that is about 5.1% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 5.1%. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
About these comparisons
Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.
What a flat in 7 Mahalaxmi would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Mahalaxmi. These are locality comparisons, not confirmed rents achieved in 7 Mahalaxmi.
Estimated monthly asking rent: 2 BHK: ₹2.04 L, 2 BHK: ₹2.19 L and 3 BHK: ₹3.04 L.
| Configuration | Carpet | Mahalaxmi rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹251/sq ft/mo (20 observations) | ≈ ₹2.04 L/mo |
| 2 BHK | Members | ₹251/sq ft/mo (20 observations) | ≈ ₹2.19 L/mo |
| 3 BHK | Members | ₹240/sq ft/mo (66 observations) | ≈ ₹3.04 L/mo |
| 3 BHK | Members | ₹240/sq ft/mo (66 observations) | ≈ ₹3.11 L/mo |
| 4 BHK | Members | ₹239/sq ft/mo (23 observations) | ≈ ₹4.97 L/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Mahalaxmi on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market 7 Mahalaxmi competes with
20 recent 2 BHK residential asking-price observations in Mahalaxmi: median ₹5.81 Cr, or ₹70,256 per sq ft of carpet. The middle half asks ₹58,694–₹81,433 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Mahalaxmi prices are moving
Real Estate Mumbai's Mahalaxmi price index reads 110.3 for Nov 2026 (base 100), a median asking ₹72,074 per sq ft across 464 listings, up 1.4% on the month. By configuration: 2 BHK ₹66,666, 3 BHK ₹76,585, 4 BHK+ ₹72,972 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹72,074 | 110.3 | +1.4% | 464 |
| Oct 2026 | ₹71,072 | 108.7 | +0.7% | 455 |
| Sep 2026 | ₹70,596 | 108.0 | +3.0% | 517 |
| 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 |
MahaRERA agent: Mumbai Property Exchange, registration no. A51800043517 (operator of Real Estate Mumbai).
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.
Everything we do in Mahalaxmi
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
Property listings in Mahalaxmi
Listed resale and rental options. Reconfirm availability before arranging a viewing. 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
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — 7 Mahalaxmi against the ready homes above, for your budget.
7 Mahalaxmi — the questions investors ask
What is the price of 7 Mahalaxmi, Mahalaxmi?
What rent can a flat in 7 Mahalaxmi earn?
What are comparable resale asking prices 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 21 Oct 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