Mahalaxmi property market 2026: rates, rents and buildings
As of 11 Nov 2026, flats for sale in Mahalaxmi ask a median ₹73,167 per sq ft (carpet) and ₹11.25 Cr overall, across 127 homes for sale. 130 homes are for rent at a median ₹3.77 lakh a month, in 21 buildings.
Mahalaxmi market pulse: week ending 8 Nov 2026
In the week ending 8 Nov 2026, brokers offered 116 homes for sale at a median asking price of ₹10.5 Cr (₹68,258 per sq ft carpet) and 96 homes for rent at a median ₹4.5 lakh a month in Mahalaxmi. 10 buyer requirements and 12 tenant requirements were circulated for the area. The median asking price per sq ft for sale moved -2.6% against the week ending 11 Oct 2026.
| This week | Homes offered | Median asking | Most ask | ₹/sq ft carpet | Requirements circulated |
|---|---|---|---|---|---|
| 2 BHK for sale | 21 | ₹5.5 Cr | ₹4.5 Cr – ₹6.25 Cr | ₹70,302 | 2 |
| 3 BHK for sale | 74 | ₹10.25 Cr | ₹9 Cr – ₹11.5 Cr | ₹68,916 | 6 |
| 4 BHK and larger for sale | 21 | ₹12.75 Cr | ₹11.6 Cr – ₹15 Cr | ₹65,210 | – |
| 2 BHK for rent | 12 | ₹2.15 lakh / month | ₹2 lakh – ₹2.31 lakh | ₹283 | 1 |
| 3 BHK for rent | 53 | ₹4.25 lakh / month | ₹3.5 lakh – ₹5.5 lakh | ₹233 | 1 |
| 4 BHK and larger for rent | 28 | ₹5.3 lakh / month | ₹4.83 lakh – ₹5.85 lakh | ₹268 | 1 |
Mahalaxmi week by week
| Week ending | Homes for sale | Sale ₹/sq ft | Buyer requirements | Homes for rent | Median rent / month | Tenant requirements |
|---|---|---|---|---|---|---|
| 8 Nov 2026 | 116 | ₹68,258 | 10 | 96 | ₹4.5 lakh | 12 |
| 1 Nov 2026 | 106 | ₹68,706 | 8 | 86 | ₹4.28 lakh | 30 |
| 25 Oct 2026 | 99 | ₹66,402 | 3 | 101 | ₹4.35 lakh | 13 |
| 18 Oct 2026 | 122 | ₹66,667 | 9 | 99 | ₹4 lakh | 19 |
| 11 Oct 2026 | 130 | ₹70,108 | 8 | 105 | ₹4 lakh | 34 |
| 4 Oct 2026 | 129 | ₹72,270 | 5 | 119 | ₹4 lakh | 115 |
| 27 Sep 2026 | 62 | ₹68,000 | 3 | 57 | ₹4 lakh | 10 |
| 20 Sep 2026 | 60 | ₹66,667 | 13 | 48 | ₹4 lakh | 46 |
Counted from the homes and requirements brokers offered across Mumbai in the week, Monday to Sunday; a home offered by several brokers is counted once. Asking prices, not registered sale prices. A price shows only when 5 or more homes back it. Every Mumbai locality this week
Flats for sale in Mahalaxmi by size
A 3 BHK, the most listed size, asks a median ₹9.65 Cr; most ask between ₹9 Cr and ₹11.18 Cr. Prices are asking prices on live listings, not registered sale prices.
| Size | Homes | Median price | Most ask | Carpet (sq ft) | ₹/sq ft | Gross yield |
|---|---|---|---|---|---|---|
| 2 BHK for sale | 21 | ₹5.75 Cr | ₹5 Cr – ₹7.99 Cr | 780–1,050 | ₹66,667 | 4.2% |
| 3 BHK for sale | 55 | ₹9.65 Cr | ₹9 Cr – ₹11.18 Cr | 1,218–1,748 | ₹69,680 | 4.8% |
| 4 BHK for sale | 33 | ₹14.5 Cr | ₹12.5 Cr – ₹16.5 Cr | 1,766–2,223 | ₹72,261 | 4.1% |
| 5+ BHK for sale | 18 | ₹24.5 Cr | ₹16.5 Cr – ₹30.38 Cr | 1,862–3,738 | ₹86,289 | – |
Flats for rent in Mahalaxmi by size
A 2 BHK rents for a median ₹2 lakh a month; most ask between ₹1.9 lakh and ₹2.67 lakh.
| Size | Homes | Median rent / month | Most ask | Carpet (sq ft) | ₹/sq ft / month |
|---|---|---|---|---|---|
| 1 BHK for rent | 1 | ₹2 lakh | ₹2 lakh – ₹2 lakh | – | – |
| 2 BHK for rent | 19 | ₹2 lakh | ₹1.9 lakh – ₹2.67 lakh | 760–884 | ₹256 |
| 3 BHK for rent | 84 | ₹3.83 lakh | ₹3.25 lakh – ₹5.2 lakh | 1,380–2,100 | ₹237 |
| 4 BHK for rent | 25 | ₹5 lakh | ₹4.5 lakh – ₹5.6 lakh | 1,875–2,300 | ₹246 |
| 5+ BHK for rent | 1 | ₹5.5 lakh | ₹5.5 lakh – ₹5.5 lakh | – | – |
Mahalaxmi asking prices over 12 months
The median asking price of flats listed for sale in Mahalaxmi moved from ₹67,512 per sq ft in Dec 2025 to ₹76,293 in Nov 2026 (+13%).
Median asking price per sq ft (carpet) of flats added for sale each month on Real Estate Mumbai.
Buildings in Mahalaxmi with homes listed
22 for sale · 47 for rent
42 for sale · 25 for rent
6 for sale · 12 for rent
9 for sale · 6 for rent
7 for sale · 8 for rent
6 for sale · 6 for rent
7 for sale · 4 for rent
0 for sale · 9 for rent
0 for sale · 7 for rent
5 for sale · 1 for rent
5 for sale · 0 for rent
5 for sale · 0 for rent
Where to find a 2 BHK in Mahalaxmi
9 × 2 BHK · median ₹7 Cr
3 × 2 BHK · median ₹5 Cr
2 × 2 BHK · median ₹2.92 Cr
2 × 2 BHK · median ₹5.3 Cr
2 × 2 BHK · median ₹5.42 Cr
1 × 2 BHK · median ₹3.5 Cr
Where to find a 3 BHK in Mahalaxmi
16 × 3 BHK · median ₹10 Cr
14 × 3 BHK · median ₹10.43 Cr
5 × 3 BHK · median ₹9.5 Cr
5 × 3 BHK · median ₹9.65 Cr
4 × 3 BHK · median ₹6.62 Cr
2 × 3 BHK · median ₹9.25 Cr
Where to find a 4 BHK in Mahalaxmi
8 × 4 BHK · median ₹13.38 Cr
5 × 4 BHK · median ₹12.5 Cr
4 × 4 BHK · median ₹17.19 Cr
4 × 4 BHK · median ₹15.5 Cr
3 × 4 BHK · median ₹12 Cr
2 × 4 BHK · median ₹13.5 Cr
Parts of Mahalaxmi
Nearby market pages
More on Mahalaxmi
Mahalaxmi property news
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- Mahalaxmi Travelator Brings Easier Access 26 Jul 2026
Mahalaxmi questions and answers
What is the property rate in Mahalaxmi today?
The median asking price for a flat for sale in Mahalaxmi is about ₹73,167 per sq ft of carpet area, based on 127 homes for sale listed on Real Estate Mumbai (as on 11 Nov 2026).
How much does a 3 BHK flat cost in Mahalaxmi?
Most 3 BHK flats for sale in Mahalaxmi are asking between ₹9 Cr and ₹11.18 Cr; the median is ₹9.65 Cr across 55 listings.
What is the rent for a 2 BHK in Mahalaxmi?
Most 2 BHK flats for rent in Mahalaxmi ask between ₹1.9 lakh and ₹2.67 lakh a month; the median is ₹2 lakh a month across 19 listings.
What rental yield do flats in Mahalaxmi give?
A 3 BHK in Mahalaxmi earns a gross rental yield of about 4.8% a year: median rent ₹3.83 lakh a month against a median asking price of ₹9.65 Cr.
Which parts of Mahalaxmi have the most homes listed?
By live listings on Real Estate Mumbai: Jacob Circle (129), N M Joshi Marg (84).
How many flats are for sale and for rent in Mahalaxmi right now?
Real Estate Mumbai lists 127 flats for sale (median asking price ₹11.25 Cr) and 130 flats for rent (median ₹3.77 lakh a month) in Mahalaxmi, across 21 buildings, as on 11 Nov 2026.
Which buildings in Mahalaxmi have the most homes listed?
Lokhandwala Minerva (69), Piramal Mahalaxmi (67), Prestige Jasdan Classic (18), Lodha Bellissimo (15), Lodha Primero (15) — homes for sale and rent combined, live on Real Estate Mumbai.
How have Mahalaxmi asking prices moved this year?
The median asking price of flats listed for sale in Mahalaxmi was about ₹67,512 per sq ft in Dec 2025 and ₹76,293 in Nov 2026, a change of +13%. These are asking prices on listings, not registered sale prices.
Is it better to buy or rent in Mahalaxmi?
At a gross yield of about 4.8% for a 3 BHK, a year of rent costs roughly 4.8% of the asking price. Buying suits a long stay or an investor seeking appreciation; renting keeps capital free. Our team can work through both for your budget.
Where is Mahalaxmi in Mumbai?
Mahalaxmi is in south-central Mumbai, around the Mahalaxmi Racecourse, with Worli to the north-west, Lower Parel to the north and Haji Ali and Tardeo to the south-west.
How is Mahalaxmi connected to the rest of Mumbai?
Mahalaxmi station is on the Western Railway suburban line, Metro Line 3 (the Aqua Line) has a Mahalaxmi station, and the Mumbai Coastal Road can be joined at Haji Ali.
How many homes were offered in Mahalaxmi this week?
In the week ending 8 Nov 2026, brokers offered 116 homes for sale at a median asking price of ₹10.5 Cr (₹68,258 per sq ft carpet) and 96 homes for rent at a median ₹4.5 lakh a month in Mahalaxmi. 10 buyer requirements and 12 tenant requirements were circulated for the area.
Figures come from homes live on Real Estate Mumbai on 11 Nov 2026, refreshed every few hours. Asking prices, not registered transactions. Real Estate Mumbai has advised on Mumbai homes since 1995.