Avg. Rate
₹ 30,891/sq. ft
Locality Rating
6.7/10
Mahalakshmi, located in South Mumbai’s prime 400011 zone, is a distinguished residential enclave celebrated for its harmonious blend of heritage, luxury living, and modern infrastructure. Bordered by the Arabian Sea to the west and flanked by Lower Parel and Prabhadevi, this upscale locality offers a rare combination of seaside elegance and urban convenience. The area features a mix of high-end apartments like Piramal Mahalakshmi and Lodha Bellissimo, along with heritage bungalows, catering to affluent homebuyers and investors alike. Strategically positioned on the Western Railway line, Mahalakshmi enjoys seamless connectivity to Mumbai’s major business districts such as Nariman Point, Bandra Kurla Complex, and Andheri. Its proximity to key transport arteries like the Eastern Express Highway, NM Joshi Marg, and the Mumbai Monorail enhances accessibility across the city. This robust connectivity makes it a preferred choice for professionals and families seeking a central yet serene location. The locality boasts world-class amenities, including premium healthcare at Jaslok Hospital and Wockhardt Hospital, elite education at Podar International School, and upscale retail therapy at High Street Phoenix and Atria Mall. Cultural and recreational landmarks such as the Mahalakshmi Racecourse, Mahalakshmi Temple, and NSCI Dome further enrich the lifestyle. With an average 2BHK price of ₹4.46 crore and a per sq. ft. rate of ₹61,198, Mahalakshmi stands as one of South Mumbai’s most coveted real estate markets.
Region
South Mumbai
City
Mumbai
District
Mumbai
State
Maharashtra
Pincode
400011
Population
27,500
Schools
5
Nearest Airport
Chhatrapati Shivaji Maharaj International Airport (BOM)
Mahalakshmi's proximity to major commercial hubs, employment centers, and transportation networks makes it an ideal choice for professionals and families seeking convenience and accessibility.
With upscale residential projects like Piramal Mahalakshmi and Lodha Bellissimo, Mahalakshmi epitomizes luxurious living, offering residents an unparalleled standard of comfort and elegance.
From world-class malls like Atria and High Street Phoenix to renowned hospitals and educational institutions, Mahalakshmi boasts a plethora of amenities catering to every aspect of modern living.
With its proximity to cultural landmarks like the Mahalakshmi Race Course and the NSCI, along with vibrant entertainment options, Mahalakshmi fosters a dynamic and enriching lifestyle for its residents.
Mahalakshmi may experience traffic congestion during peak hours.
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 30,891/sq. ft
Average Price Range
₹ 15,850 – 60,200
Trend (5Y)
▲ 57.9%
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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