Mahalaxmi, Mumbai·20 parameters compared
Piramal Mahalaxmi starts at ₹9.20 Crore, about 30% below Raheja Modern Vivarea at ₹13.05 Crore. Piramal Mahalaxmi works out cheaper per square foot.

Piramal Mahalaxmi
₹9.2 Crore onwards
Mahalaxmi
Piramal Realty
Ready to Move
Raheja Modern Vivarea
₹13.05 Crore onwards
Mahalaxmi
K Raheja Corp
Under Constructionmarks the stronger value on that parameter.
The verdict
Our read on Piramal Mahalaxmi against Raheja Modern Vivarea.
Piramal Mahalaxmi is the clear winner for value. It offers a significantly lower entry price of 9.2 Crore compared to 13.05 Crore for Raheja Modern Vivarea. Furthermore, at 51,111 per sq.ft, Piramal is much more cost-effective than Raheja’s 75,000 per sq.ft, providing better financial efficiency for the area.
Regarding quality, Piramal Mahalaxmi offers larger living spaces up to 3600 sq.ft and is ready to move, though it has a higher density of 125 units per acre. In contrast, Raheja Modern Vivarea boasts a slightly superior Lavish rating of 9.4 and lower density with only 63 units per acre, ensuring more exclusivity. While Piramal is closer to schools and hospitals, Raheja offers superior transit access, being just 0.4 km from the metro.
Piramal Mahalaxmi is the stronger overall pick for those prioritizing immediate possession, larger layouts, and better value. Choose Raheja Modern Vivarea if you prefer a lower-density environment and the prestige of a veteran developer, provided you can wait for construction to conclude.
Current pricing, inventory and offers change weekly. One enquiry and a Lavish advisor sends you the live numbers for the project you pick — no brokerage.
Ask an advisor on WhatsAppWhich is cheaper, Piramal Mahalaxmi or Raheja Modern Vivarea?
Piramal Mahalaxmi is the cheaper of the two, starting at ₹9.20 Crore against ₹13.05 Crore — a difference of about 30%.
Which is closer to a metro station, Piramal Mahalaxmi or Raheja Modern Vivarea?
The nearest transit point to Piramal Mahalaxmi is Science Centre (0.8 km), and to Raheja Modern Vivarea it is Mahalaxmi (0.4 km).
Are Piramal Mahalaxmi and Raheja Modern Vivarea in the same locality?
Yes — both are in Mahalaxmi, Mumbai, which makes this a like-for-like comparison on location.
What configurations do Piramal Mahalaxmi and Raheja Modern Vivarea offer?
Piramal Mahalaxmi offers 3 BHK, 4 BHK, while Raheja Modern Vivarea offers 3 BHK, 4 BHK.