Mahalaxmi property rates
Mumbai · price per sq ft and trends · updated September 2026
Homes in new projects in Mahalaxmi, Mumbai are listed at about ₹57,550 per sq ft in September 2026, which is 60% above the Mumbai median of ₹36,000.
Across the 4 projects we could price, rates run from ₹46,550 at Lodha Bellevue to ₹79,800 at Piramal Mahalaxmi.
2 of the 4 projects here are ready to move.
Project-wise rates in Mahalaxmi
| Project | Developer | Rate per sq ft | Starting price | Status |
|---|---|---|---|---|
| Piramal Mahalaxmi | Piramal Realty | ₹79,800 | ₹4.81 Cr | Ready to Move |
| Raheja Vivarea | K Raheja Corp | ₹62,800 | ₹12.91 Cr | New Launch |
| Godrej Avenue Eleven | Godrej Properties | ₹52,300 | ₹11.55 Cr | Ready to Move |
| Lodha Bellevue | Lodha | ₹46,550 | ₹4.05 Cr | New Launch |
Flat prices in Mahalaxmi by BHK
| Configuration | Typical size | Price range | Typical price |
|---|---|---|---|
| 2 BHK | 762 sq ft | ₹4.81 Cr – ₹5.04 Cr | ₹4.89 Cr |
| 3 BHK | 1,194 sq ft | ₹4.05 Cr – ₹12.91 Cr | ₹9.53 Cr |
| 4 BHK | 2,150 sq ft | ₹7.49 Cr – ₹19.20 Cr | ₹12.20 Cr |
Mahalaxmi price trend
We started recording Mahalaxmi's rate in Sept 2026. A month-by-month trend appears here as new readings are added each month.
How these rates are worked out
Each project's rate is the median of its listed unit prices divided by the unit sizes the developer publishes. The locality and city figure is the median across projects, so one very expensive or very cheap project does not pull the number around. Figures are indicative, rounded to the nearest ₹50 and refreshed as prices change; the reading for September 2026 is saved so the trend builds up month by month.
Developers quote sizes differently: some give carpet area, others super built-up area, so a rate here can differ from what a sales office quotes. They are asking prices from new-project price sheets, not registered sale prices or the government circle rate. Always confirm the current price sheet and the circle rate before you book.
FAQs on Mahalaxmi property rates
What is the property rate in Mahalaxmi, Mumbai?
Based on 4 projects listed on IndiProp, the median asking rate in Mahalaxmi, Mumbai is about ₹57,550 per sq ft as of September 2026.
Is Mahalaxmi expensive compared with the rest of Mumbai?
Mahalaxmi's median rate is 60% higher than the Mumbai median of ₹36,000 per sq ft. Localities with similar rates include Dadar, Juhu, Bandra East.
How much does a 2 BHK cost in Mahalaxmi?
2 BHK homes in Mahalaxmi are listed from ₹4.81 Cr to ₹5.04 Cr, typically around ₹4.89 Cr.
How much does a 3 BHK cost in Mahalaxmi?
3 BHK homes in Mahalaxmi are listed from ₹4.05 Cr to ₹12.91 Cr, typically around ₹9.53 Cr.