For rent
Updated just now
₹7 Lac / month
Premium home for Mahalaxmi
South Mumbai · updated 25 October 2026
Property rates in Mahalaxmi 2026
As of 25 October 2026, flats for sale in Mahalaxmi have a median asking price of ₹73,300 per sq ft (carpet), from 99 live listings; the middle half ask ₹60,900 – ₹84,100.
Median asking₹73,300/ sq ft · 99 listings
Middle half₹60,900 – ₹84,100/ sq ft
2 BHK rent₹1.30 Lac – ₹2.80 Lac/ month
On the market173homes · 18 new projects
The numbers
What are the property rates in Mahalaxmi?
| Type | Rate |
|---|---|
| Flats for sale — median asking, live (99 listings, 25 October 2026) | ₹73,300 /sq ft |
| Flats for sale — middle half of live listings | ₹60,900 – ₹84,100 /sq ft |
| Apartments — buy, researched range (May 2026) | ₹55,000 – ₹90,000 /sq ft |
| 1 BHK — rent | ₹65K – ₹1.20 Lac /month |
| 2 BHK — rent | ₹1.30 Lac – ₹2.80 Lac /month |
| 3 BHK — rent | ₹2.20 Lac – ₹4.95 Lac /month |
| 4 BHK — rent | ₹3.85 Lac – ₹7.70 Lac /month |
| Commercial — buy | ₹50,000 – ₹90,000 /sq ft |
| Commercial — lease | ₹390 – ₹660/sqft/mo |
Live figures are the median and middle half of asking prices per sq ft (carpet) of flats listed for sale in Mahalaxmi on Real Estate Mumbai, recalculated daily. Researched rates are carpet-area, indicative ranges from our tracked transactions and inventory in Mahalaxmi.
Building by building
Building-level rates in Mahalaxmi
Live median price and rent for the most-listed buildings, with a rent-or-buy signal. Tap a building for the full picture.
| Building | Sale ₹/sq ft | Rent (median) | Yield |
|---|---|---|---|
| Piramal Mahalaxmi | — | ₹3,32,500 | — |
| Lokhandwala Minerva | — | ₹4,00,000 | — |
| Lodha Primero | — | ₹2,10,000 | — |
| Prestige Jasdan Classic | — | ₹4,00,000 | — |
| Raheja Vivarea | — | ₹7,00,000 | — |
| Piramal Mahalaxmi Central Tower | — | ₹4,50,000 | — |
| Lodha Bellissimo | — | ₹4,00,000 | — |
| Piramal Mahalaxmi South Tower | — | ₹2,30,000 | — |
| Piramal Mahalaxmi North Tower | — | — | — |
The market
Mahalaxmi market overview (May 2026 survey)
Outright residential rates range from ₹58,333 per sqft in entry-level resale complexes (such as Prestige Jasdan Classic) up to over ₹75,862 per sqft in premium structures (like Piramal Mahalaxmi Central Tower). Branded residential projects currently under construction, such as Lodha Bellevue by Lodha Group, are commanding a premium at ₹65,000 per sqft. In the residential lease market, carpet size heavily dictates rent: smaller 3 BHK configurations like Prestige Jasdan Classic (1350 sqft) lease at around ₹3.50 Lac/mo, whereas expansive 3 BHK layouts such as Planet Godrej (1788 sqft) command up to ₹3 Lac/mo.
The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹75,000 per sqft in business complexes like Prestige Turf Tower and leases command ₹80K/mo per month in nodes like Nirman Kendra. Commercial properties in Mahalaxmi follow distinct business and retail yield dynamics, where commercial spaces trade between ₹50,000 and ₹90,000/sf outright and commercial rents lease at around ₹390 to ₹660/sf per month.
Neighbourhoods
Property rates by neighbourhood in Mahalaxmi
Live homes to rent and buy in each part of Mahalaxmi — every neighbourhood page carries its own asking rates.
The neighbourhood
About Mahalaxmi
Famous racecourse area with a mix of premium towers and heritage Mills-redevelopment projects.
- Connectivity
- Mahalaxmi stn (Central + Metro)
- Landmarks
- Mahalaxmi Racecourse, Dhobi Ghat, Haji Ali
- Best for
- Racecourse Views, Premium Towers, Central
On the market
Homes for sale and rent in Mahalaxmi
Latest to rent
For rent
Updated just now
For rent
Updated 3 hours ago
₹5.5 Lac / month
11% above typical 3 BHK in Mahalaxmi
For rent
Added 5 hours ago
₹2.1 Lac / month
In line with typical 2 BHK in Mahalaxmi
For rent
Updated 15 hours ago
₹4 Lac / month
12% below typical 3 BHK in Mahalaxmi
For rent
Updated 15 hours ago
₹6.5 Lac / month
In line with typical 4 BHK in Mahalaxmi
For rent
Updated 17 hours ago
₹3.2 Lac / month
8% below typical 3 BHK in Mahalaxmi
All 74 homes to rent in Mahalaxmi →
Latest to buy
For sale
Added just now
₹26 Cr
₹89,041/sq ft
21% above typical Mahalaxmi
For sale
Added just now
₹14.5 Cr
₹82,621/sq ft
16% above typical 4 BHK in Mahalaxmi
For sale
Added just now
₹16.5 Cr
₹91,667/sq ft
Premium home for Mahalaxmi
For sale
Added 3 hours ago
₹6.75 Cr
₹64,286/sq ft
9% below typical 3 BHK in Mahalaxmi
For sale
Updated 5 hours ago
₹11 Cr
₹51,498/sq ft
28% below typical 4 BHK in Mahalaxmi
For sale
Added 6 hours ago
₹10 Cr
₹62,305/sq ft
12% below typical 4 BHK in Mahalaxmi
New projects
New projects in Mahalaxmi
| Project | Builder | Rate | Status |
|---|---|---|---|
| Piramal Mahalaxmi North Tower | Piramal Realty | ₹74,094/sq ft | Under Construction |
| 7 Mahalaxmi | Runwal Enterprises | ₹55,963/sq ft | Under Construction |
| The Imperial I | S D Corporation Pvt. Ltd. | ₹1,00,000/sq ft | Under Construction |
| Chandra Darshan Heights | Commercial Developers | ₹43,400/sq ft | Under Construction |
| Piramal Mahalaxmi Central Tower | Piramal Realty | ₹82,069/sq ft | Ready Possession |
| Mahindra BeaconHill | Mahindra Lifespaces | ₹51,000/sq ft | Under Construction |
| Minerva | Lokhandwala Infrastructure (P) Ltd | ₹64,983/sq ft | Ready Possession |
| Raheja Modern Vivarea North | K Raheja Corp | ₹1,25,000/sq ft | Under Construction |
Demand
Who is looking in Mahalaxmi
We have received 162 buyer and tenant enquiries for Mahalaxmi — 89 looking to buy and 37 to rent. The most-wanted size is 3 BHK & 2 BHK.
Own a home in Mahalaxmi?
162 buyers and tenants are already looking. List it and we'll match you to genuine demand.
Questions
Mahalaxmi property rates, answered
What is the price per sq ft of flats in Mahalaxmi in 2026?
As of 25 October 2026, flats for sale in Mahalaxmi have a median asking price of ₹73,300 per sq ft (carpet area), from 99 live listings on Real Estate Mumbai; the middle half ask ₹60,900 – ₹84,100 per sq ft.
What is the property rate in Mahalaxmi?
Apartments in Mahalaxmi sell for about ₹55,000 to ₹90,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked Mahalaxmi property rates since 1995.
What is the rent for a 2 BHK in Mahalaxmi?
A 2 BHK flat in Mahalaxmi typically rents for ₹1.30 Lac – ₹2.80 Lac per month as of May 2026.
What are commercial property rates in Mahalaxmi?
Commercial property in Mahalaxmi has buy rates of ₹50,000–₹90,000 per sq ft and lease at ₹390 – ₹660/sqft/mo as of May 2026.
Live figures 25 October 2026 · researched ranges May 2026 · Mahalaxmi rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.