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3 Cr4 Cr
1005000
1
2
3
4
5
Banquet Hall
Club house
Kids Play Area
Swimming Pool
Gym
Air Conditioned
Intercom
Lift
Gas Pipeline
Power Back Up
Security System
Ready
2027
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Mahalaxmi✕
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About Properties In Mahalaxmi, Mumbai for Sale
Overview of Mahalaxmi
- Mahalaxmi is a well-known upscale locality in South Mumbai.
- This locality is adjacent to the pristine Arabian Sea, offering scenic beauty.
- Mahalaxmi is a posh area as it is home to some of the most pricey residential properties in Mumbai.
- It houses several iconic landmarks like Mahalaxmi Temple & Mahalaxmi Racecourse.
- Mahalaxmi is a good area due to its strategic location and excellent infrastructure that benefits residents with a comfortable lifestyle.
- There is serene greenary & open spaces here, a rare find in busy locality.
- The Pin Code of Mahalaxmi is 400011.
Mahalaxmi Residential Market Insights
- Mahalaxmi offers some of the elite apartments & premium social infrastructure.
- The average price of flat in Mahalaxmi Mumbai is ₹ 58,000 per sq. ft.
- 2 BHK and 3 BHK flats dominate the housing market in Mahalaxmi.
- The average cost of 2 BHK flat in Mahalaxmi is between ₹ 3.60 crore - ₹ 5.12 crore.
- The price range for 3 BHK flat in Mahalaxmi is between ₹ 5.80 crore - ₹ 9.5 crore.
- The price for 4 BHK flat in Mahalaxmi can be between ₹ 9.50 crore - ₹ 15.20 crore.
- 5 BHK flat in Mahalaxmi can cost around ₹ 12 crore - ₹ 40 crore.
- The proximity to various commercial landmarks & ease of commuting makes Mahalaxmi one of the best rental localities.
- The average monthly rental value for property in Mahalaxmi is ₹ 42,000 - ₹ 5,60,000.
- Mahalaxmi is an address for the ultra-luxury segment and, hence, comprises high-value properties only.
Connectivity and Transportation In Mahalaxmi
- Mahalaxmi Railway Station on the Western Line offers excellent transit; it connects the locality with other parts of Mumbai.
- Chinchpokali Railway Station on the Central Line is another nearest railway station.
- Lower Parel Railway Station on Mumbai Monorail Line 1 is barely 5 km away.
- Bandra - Worli Sea Link Road is within 5 km & offers direct access to western suburbs.
- Eastern Express Highway seamlessly connects the locality to Thane & Navi Mumbai.
- Other major roads, such as Tardeo Road, NM Joshi Marg, Senapati Bapat Marg, Mumbai Coastal Road, etc., enhance the connectivity of Mahalaxmi.
- Public Transportation like Buses, Taxis, and Cabs are available frequently.
- Chhatrapati Shivaji Maharaj International Airport is 15 km drive away.
Social Infrastructure In Mahalaxmi
- Reputed Hospitals in proximity with Mahalaxmi includes Wockhardt Hospital, Jaslok Hospital, Breach Candy Hospital, & Sir H. N. Reliance Foundation Hospital.
- Prominent Educational institutes such as Lala Lajpat Rai College, St. Ignatius High School, Watumull Institute, & Sasmira’s Institute of Management are in the vicinity.
- Popular Malls such as High Street Phoenix Mall, Palladium Mall, Atria Mall, etc., serve the versatile shopping needs of the residents here.
- The famous Sardar Vallabhbhai Patel Stadium is within walking distance from this locality.
- Mahalaxmi has a good infrastructure of roads easing the traveling for the locals.
- The impressive social infrastructure of Mahalaxmi & the presence of several tourist attractions are some of the major reasons for attracting investors in this locality.
Employment Opportunities In Mahalaxmi
- Major Commercial Hubs such as Indiabulls Finance Center, Lodha Excelus, Peninsula Corporate Park, & Lodha Supremus are within proximity.
- Employment centers such as the Bombay Stock Exchange, Makers Chambers, New Administrative Building Nariman Point, & Mantralaya are 5-10 km away.
- Offices at Dalal Street are only 8 km away from this locality.
- Other Business Centers like Andheri MIDC, Nirlon Knowledge Park, Mindspace Malad, NESCO IT Park, Infinity Park, & Kensington SEZ are around 15-30 km away.
- Excellent connectivity of Mahalaxmi via Railway, Mono, & Road to all the major areas of Mumbai boosts the employment opportunities for the residents here.
Lifestyle In Mahalaxmi
- Mahalaxmi is one of the best residential area in Mumbai as it offers a perfect blend of modern convenience, luxury living, and nature.
- Many Recreational Facilities, such as Willingdon Sports Club, SMAAASH, National Sports Club of India (NSCI), & Dignity Foundation, etc., allow residents to enjoy some refreshing and quality time.
- The famous Mahalaxmi Race Course is just 10 minutes away.
- Other major Tourist Attractions such as Marine Drive, Gateway of India, Worli Sea Face, & Chhatrapati Shivaji Maharaj Vastu Sangrahalaya are all within 10 km.
- There are several green spaces, gardens, and parks in the locality, boosting peaceful surroundings for the residents here.
Safety and Security In Mahalaxmi
- Mahalaxmi Mumbai is famous for its well-developed, super luxurious, & safest residential areas.
- Majority of the areas & public spaces are covered under CCTV surveillance.
- There are necessary protocols followed in the elite societies of Mahalaxmi to avoid any security problems.
- Police Patrolling is carried out 24x7, ensuring the safety of the residents.
Development and Future Prospects In Mahalaxmi
- A dedicated Metro Station at Mahalaxmi is planned with the Aqua Metro Line extension.
- Mahalaxmi Race Course Revamp will be offering Central Public Park to the locals here.
- The upcoming Bandra - SEEPZ Metro of Colaba is set to boost connectivity of Mahalaxmi to various parts of Mumbai.
Cultural and Community In Mahalaxmi
- There are many religious places in Mahalaxmi including the famous Mahalaxmi Temple and Haji Ali Dargah.
- Other religious places nearby include Siddhivinayak Temple, Swami Narayan Mandir, Sadhubella Temple, Shree Rani Sati Mandir, Mahadev Temple, etc.
- There are several cultural centers in the proximity of Mahalaxmi that preserve & promote traditions and cultures through various programs, social gatherings, musical events, and festival celebrations.
Environmental Factors In Mahalaxmi
- Mahalaxmi has a pleasant environment with beautiful greenery in the surroundings.
- There are several Gardens & Parks in the vicinity, like Mumbai Central Public Park, Sant Gadge Maharaj Udyan, Nirmal Park, Baby Garden, etc., where residents can unwind, spend peaceful time, or just enjoy a relaxing stroll.
- The air quality in Mahalaxmi is moderate, considering the developments of both residential and commercial spaces in the locality.
Flat Configuration In Mahalaxmi
- Mahalaxmi offers flat configurations of 2 BHK, 3 BHK, 4 BHK, & 5 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in this locality.
- The majority of the homebuyers prefer properties costing over a crore, accompanied with modern amenities.
Property Price Growth In Mahalaxmi
- Mahalaxmi has witnessed a price appreciation of 12.9% in the last 3 years.
- With the constant demand for housing properties in the locality and improvement in the infrastructure, the property values in Mahalaxmi have increased consistently.
- With the influx of working professionals and improved connectivity of the locality, the rental values for the properties in Mahalaxmi will also get higher.
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Frequently Asked Questions
What are the popular residential areas in Mahalaxmi?
Some of the top residential areas in Mahalaxmi include Sewri, Worli, Parel.
What types of properties are available in Mahalaxmi?
Mahalaxmi offers Apartment, catering to various budget segments.
What is the average property price in Mahalaxmi?
The average property price in Mahalaxmi ranges from ₹57,250 to ₹59,800 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Mahalaxmi?
The metro stations in and around Mahalaxmi include key stops such as Mumbai, Maxim, ShivShakti C.H.S, Four Seasons Hotel Mumbai, The St. Regis Mumbai, providing convenient connectivity to major areas.
Are there affordable housing options in Mahalaxmi?
Yes, areas like offer budget-friendly housing options in Mahalaxmi.
Are there luxurious housing options in Mahalaxmi?
Areas like Bapurao Jagtap Marg, Near NM Joshi Marg, Sane Guruji Marg, Jacob Circle with price range above ₹12 Cr are known for luxurious residences in Mahalaxmi
Are there luxurious housing options in Mahalaxmi priced above ₹1 crore?
Yes, Mahalaxmi offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 5 properties are: