Properties in Mahalaxmi, Mumbai
3 active listings · Maharashtra
3 properties listed for sale in Mahalaxmi, Mumbai on Realty of India. Asking prices are around ₹ 7.07 Cr. Available configurations include 3 BHK. Top projects in this area: 7 Mahalaxmi. Buyers also consider nearby Thane West, Andheri East, Kandivali East, and Malad East. Every listing on Realty of India carries RERA registration where applicable, and ROI Verified brokers are clearly badged so you know who you're working with.
Living in Mahalaxmi
Mahalaxmi is an upscale South Mumbai neighbourhood on the Western Railway line, anchored by the 225-acre Mahalaxmi Racecourse and the Arabian Sea coastline, and newly served by Mumbai Metro's Aqua Line 3 (opened October 2025).
Once part of Mumbai's textile-mill district, it has redeveloped into a luxury residential and commercial address bordering the Lower Parel-Worli business belt, while retaining landmarks such as the Mahalaxmi Temple, Haji Ali Dargah and the Mahalaxmi Dhobi Ghat that give it strong cultural and tourism value alongside strong transit, healthcare and retail infrastructure.
- Multi-modal transit hub: Western Line local trains, the new underground Mahalaxmi Metro (Aqua Line 3, opened Oct 2025) and the Monorail interchange here, with Western Express Highway and Bandra-Worli Sea Link nearby for road access.
- Rare open green space for South Mumbai: the 225-acre Mahalaxmi Racecourse offers a seafront jogging track, yoga lawns and hosts the annual Indian Derby right in the neighbourhood.
- Strong social infrastructure within 1-1.5 km: Jaslok and Wockhardt hospitals, Nehru Planetarium/Science Centre, and malls such as Phoenix Palladium and Atria.
- Sits inside Mumbai's premier post-mill commercial belt, with Indiabulls Finance Centre, Peninsula Corporate/Business Park and Lodha Excelus office towers effectively on its doorstep.
- Cultural cachet and tourist footfall from the 1831 Mahalaxmi Temple, the 15th-century Haji Ali Dargah and the famous Mahalaxmi Dhobi Ghat, among the world's largest open-air laundries.
- One of Mumbai's most active luxury redevelopment corridors, with steady price appreciation (about 4-7% in the last year per 99acres) as former mill land turns into premium towers.
- Among Mumbai's priciest micro-markets: average rates run about Rs 62,000-64,000/sq ft per 99acres and Square Yards, putting most housing here out of reach for non-luxury buyers.
- Heavy, sustained redevelopment of former mill and industrial land (Apollo Mills, Mahalaxmi Industrial Estate) means years of ongoing construction traffic and dust across the belt.
- Infrastructure quality is uneven block to block - dense older pockets such as Kamathipura sit alongside ultra-luxury towers within the same locality.
- 99acres resident ratings put connectivity at only 3.9/5, suggesting road congestion and access constraints persist even after the new metro line opened.
Mahalaxmi sits on the Western Line between Mumbai Central and Lower Parel, and since October 2025 has its own underground Aqua Line (Metro 3) station, interchanging with the suburban railway and the Monorail.
The Western Express Highway, NM Joshi Marg and the Bandra-Worli Sea Link give fast road access to the western suburbs and the Worli-Lower Parel business belt, while Mumbai Central and Lower Parel stations, a short ride away, connect to wider suburban and long-distance rail networks.
Mahalaxmi lies in a dense South-Central Mumbai education cluster: 99acres lists around 42 institutes nearby, including Kasturba Gandhi Municipal School, Sneha Lata Rane Girls High School & Junior College, Worli Naka Upper Primary School and National Medical College, giving residents a wide spread of municipal, private and higher-education options within a short commute.
Mahalaxmi borders Mumbai's premier post-mill commercial corridor: Square Yards lists Indiabulls Finance Centre, Peninsula Corporate Park, Peninsula Business Park and Lodha Excelus (on the former Apollo Mills site) within the Mahalaxmi-Lower Parel-Worli belt, hosting banking, finance and corporate offices.
The Bombay Stock Exchange, Nariman Point's Maker Chambers, the World Trade Centre and Mantralaya lie roughly 5-10 km away, keeping the locality attractive to professionals working across South Mumbai's business districts.
The locality takes its name from the 1831 Mahalaxmi Temple, dedicated to the goddess of wealth, and hosts the 1883 Mahalaxmi Racecourse - home to the Royal Western India Turf Club and the annual Indian Derby on a 225-acre seafront site.
The Haji Ali Dargah, a 15th-century mosque-shrine on a tidal islet, lies roughly 1.5 km away, while the century-old Mahalaxmi Dhobi Ghat, reputedly the world's largest open-air laundry, sits right beside the railway station and draws steady sightseer traffic.
High Street Phoenix/Phoenix Palladium - one of India's largest mall and multiplex complexes, with PVR cinemas, dining and a five-star hotel - is about 1.3 km away in Lower Parel, while Atria Mall and the Nehru Planetarium/Science Centre are a similar distance in Worli.
The National Sports Club of India (NSCI), with its indoor stadium and lawns, and the racecourse's own jogging track and derby-day crowds add further recreation options nearby.
Mahalaxmi is administered by BMC's G-South ward (covering Worli, Prabhadevi, Mahalaxmi and Lower Parel); the local sub-division also includes landmark towers like Four Seasons Hotel and Indiabulls Tower plus the Mahalaxmi Race Course.
Former textile-mill and industrial land (Apollo Mills, Mahalaxmi Industrial Estate) has been steadily redeveloped into residential and office towers, and the locality gained a newly built underground metro station in October 2025 alongside established hospitals like Jaslok and Wockhardt.
Active listings in Mahalaxmi
3 BHK unfurnished apartment for sale in Mahalaxmi, Mumbai at 7 Mahalaxmi. Configuration, Area & Price This 3 BHK flat spans 1,266 sq ft o…
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Ultra-Luxury Residence For Sale - Lodha Bellevue, Mahalaxmi, South Mumbai Welcome to Lodha Bellevue, an exclusive ultra-luxury residence …
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Presenting itself as a tranquil oasis for city dwellers, Lodha Bellevue has been masterfully planned with just two towers embedded in a s…
Frequently asked
- How many properties are listed for sale in Mahalaxmi, Mumbai?
- There are currently 3 properties listed for sale in Mahalaxmi, Mumbai on Realty of India. Listings are updated in real time as brokers post, edit, or close their inventory.
- What is the price range for properties in Mahalaxmi, Mumbai?
- These properties are listed at around ₹ 7.07 Cr.
- What are the top projects in Mahalaxmi, Mumbai?
- Top projects with active inventory: 7 Mahalaxmi. Each carries verified RERA registration where applicable.
- How many RERA-registered properties are listed in Mahalaxmi, Mumbai?
- 1 of the 3 active listings carry a verified RERA registration. The RERA pill on each listing card links directly to the state RERA portal so you can verify the project independently.
- Are ROI Verified brokers active in Mahalaxmi, Mumbai?
- 1 of the 3 active listings are posted by ROI Verified brokers. ROI Verified means the broker has been vetted by our admin team and carries a verified badge on every listing. Independent market brokers are also live on ROI; the badge tells you who has been through the extra trust step.
- How does the Rishta Engine match buyers and properties?
- You tell us what you want — BHK, locality, budget, timeline. The Rishta Engine watches every new listing across the network and pairs you with the right matches, not 14,000 listings. Posting a buyer profile takes 60 seconds; matches arrive via WhatsApp the moment a property lists. Your phone number stays masked from brokers until you choose to reveal it.
- Are there any fees to browse Mahalaxmi, Mumbai?
- No — browsing properties, posting buyer requirements, and getting paired with three best-fit matches are always free for seekers. No subscriptions, no contact-credit packs, no paywalls. Brokers pay separately if they apply for ROI Verified status.
- Why does RERA registration matter when buying property in India?
- RERA is the Real Estate Regulatory Authority — every project above a small threshold must register with the state RERA portal, and the registration ID is publicly verifiable. Buying a RERA-registered property gives you statutory protection on possession date, project specs, and refund timelines if the builder defaults. Every listing on Realty of India shows the RERA pill linked to the state portal so you can verify independently.
- How much is stamp duty when I buy a flat in India?
- Stamp duty rates vary by state — Maharashtra charges ~5–6%, Karnataka ~5%, Delhi 4–6%, depending on whether the buyer is male/female/joint. Registration charges add another ~1%. Use the in-built Stamp Duty calculator on Realty of India for the exact rate for your city and buyer profile.
- Can I get a home loan on properties I find through Realty of India?
- Yes. Listings carry the documents most lenders need to underwrite — RERA ID where applicable, OC (Occupancy Certificate) status, society approval, and clear title chain. Banks and NBFCs (HDFC, SBI, ICICI, LIC HFL, Bajaj Finserv) lend up to 80–90% of property value depending on your eligibility. The EMI calculator on Realty of India estimates your monthly payment.
- What is the difference between ready-to-move, under-construction, and new launch?
- Ready-to-move means OC has been received and you can move in immediately — lower risk, no GST. Under-construction means the project is mid-build with a possession date — typically 12–18% cheaper than ready-to-move but you pay GST and bear delay risk. New launch is fresh inventory at the project's launch price — earliest entry, longest wait. ROI shows construction status on every listing card.