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3 BHK, 1600 sqft apartment in Mahalaxmi available for rent at ₹4 lakh/month — centrally located residential address.

  • 3 BHK apartment, 1600 sqft carpet area
  • Monthly rent: ₹4,00,000 — ₹250/sqft/month
  • Prime Mahalaxmi locality — central Mumbai location
  • Residential apartment ready for immediate rental occupancy
Refreshed · 22 hours ago

Property details

Configuration

Property type
Apartment
Project category
residential

Area & dimensions

Carpet area
1,600 sqft

About this listing

3 BHK apartment for rent in Mahalaxmi, Mumbai, offering 1600 sqft of carpet area with views of the Race Course and sea. The property is located in a well-appointed residential complex with world-class amenities. Ideal for vegetarian families seeking a premium address in one of Mumbai's most sought-after localities.

Last updated · 22 hours ago · Posted by Blossom

Location

Mahalaxmi, Mumbai

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.

What's great here
  • 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.
What needs attention
  • Among Mumbai's priciest micro-markets: average rates run about Rs 62,000-64,000/sq ft.
  • 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.
Distances from key landmarks
  • Mahalaxmi Railway Station 0.1 km
  • Mahalaxmi Metro Station (Aqua Line 3) 0.4 km
  • Mumbai Central Railway Station 1.5 km
  • Lower Parel Railway Station 1.6 km
  • Bandra-Worli Sea Link 6 km
  • Chhatrapati Shivaji Maharaj International Airport 12.7 km
Connectivity

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.

Institutions & Industries

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.

Tourism

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.

Entertainment

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.

Infrastructure

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.

Explore Mahalaxmi — listings, price trends & more →

Project & building

Project category
residential
Posted on Realty of India
Listed 22 hours ago
#5492

Questions about this listing

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Mahalaxmi

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Frequently asked questions

When is possession of this property?

Possession: Ready to move.

What is the carpet area of this 3 BHK apartment in Mahalaxmi?

1600 sqft. The rent is ₹4 lakh/month, which works out to ₹250 per sqft per month.

Is this apartment ready for immediate rental in Mahalaxmi?

Yes, it is ready to move and available for immediate rental occupancy in Mahalaxmi.

How central is Mahalaxmi for commute to Mumbai's tech parks and offices?

Mahalaxmi is in central Mumbai with excellent connectivity to business districts, financial hubs, and major transport links. Ideal for professionals working in South and Central Mumbai.

What is the monthly rent for this 3 BHK apartment in Mahalaxmi?

₹4,00,000 per month. This is for a 1600 sqft carpet area apartment, approximately ₹250/sqft/month.

Is this a residential apartment in a safe Mahalaxmi locality?

Yes, it's a residential apartment in Mahalaxmi, one of Mumbai's established prime localities with good residential reputation and central location.

6 questions · answered from this listing's details
Source Listed on Realty of India · 22 hours ago