Lavish Living

Piramal Mahalaxmi vs Raheja Modern Vivarea: price, size, possession compared

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 vs Raheja Modern Vivarea: full comparison

Piramal Mahalaxmi

Raheja Modern Vivarea

Price range
₹9.20 Crore – ₹22 Crore
₹13.05 Crore – ₹16.50 Crore
Price per sq.ft
₹51,111/sq.ft
₹75,000/sq.ft
Lavish rating
9.2 / 10
9.4 / 10
Configurations
3 BHK, 4 BHK
3 BHK, 4 BHK
Size range
1800 - 3600 sq.ft
1740 - 2259 sq.ft
Type
Apartment
Apartment
Status
Ready to Move
Under Construction
Locality
Mahalaxmi
Mahalaxmi
Builder
Piramal Realty
K Raheja Corp
Developer track record
Est. 2012 Piramal Group arm; 5,800+ homes delivered, Warburg Pincus & Goldman backed
Est. 1956 India's 2nd-largest commercial developer; owns Mindspace REIT
Amenities count
7 amenities
7 amenities
Land area
4 Acres
4 Acres
Total units
500
250
Units per acre
125
63
Elevator
Not applicable
Not applicable
Registration
P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower) — Maharashtra
P51900034289 (North Tower), P51900034288 (South Tower) — Maharashtra
Approval
P51900015854
P51900034289
Nearest metro / transit
Science Centre (0.8 km)
Mahalaxmi (0.4 km)
Nearest school
Sitaram School (1.1 km)
Sitaram School (1.3 km)
Nearest hospital
NH SRCC Children's Hospital (1 km)
Dr. Babasaheb Ambedkar Memorial Central Railway Hospital (1.4 km)

marks 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.

Who should pick which

  • Best rate per sq.ft: Piramal Mahalaxmi at ₹51,111/sq.ft.
  • Best for families with school-going children: Piramal Mahalaxmi, Sitaram School (1.1 km).
  • Higher Lavish rating: Raheja Modern Vivarea at 9.4 / 10.

Get the real price on either project

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Frequently asked questions

Which 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.

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