Lavish Living

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

Mahalaxmi, Mumbai·20 parameters compared

Piramal Mahalaxmi starts at ₹9.20 Crore, about 41% below Raheja Vivarea at ₹15.60 Crore. Piramal Mahalaxmi works out cheaper per square foot.

Piramal Mahalaxmi vs Raheja Vivarea: full comparison

Piramal Mahalaxmi

Raheja Vivarea

Price range
₹9.20 Crore – ₹22 Crore
₹15.60 Crore – ₹21 Crore
Price per sq.ft
₹51,111/sq.ft
₹70,909/sq.ft
Lavish rating
9.2 / 10
9.3 / 10
Configurations
3 BHK, 4 BHK
3 BHK, 4 BHK
Size range
1800 - 3600 sq.ft
2200 - 3300 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
13 amenities
Land area
4 Acres
14 Acres
Total units
500
400
Units per acre
125
29
Elevator
Not applicable
Not applicable
Registration
P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower) — Maharashtra
P51900019931 (Maharashtra)
Approval
P51900015854
P51900019931
Nearest metro / transit
Science Centre (0.8 km)
Jagannath Shankar Sheth Metro (1.4 km)
Nearest school
Sitaram School (1.1 km)
Sitaram School (1.3 km)
Nearest hospital
NH SRCC Children's Hospital (1 km)
NH SRCC Children's Hospital (0.8 km)

marks the stronger value on that parameter.

The verdict

Our read on Piramal Mahalaxmi against Raheja Vivarea.

Piramal Mahalaxmi is the clear winner for value-conscious buyers. It offers a significantly lower entry price of ₹9.2 crore compared to Raheja Vivarea’s ₹15.6 crore. Furthermore, its price per square foot of ₹51,111 is substantially more competitive than Raheja Vivarea’s ₹70,909, offering better capital efficiency.

Regarding lifestyle, Piramal Mahalaxmi provides the immediate benefit of a ready-to-move status and closer proximity to transit at 0.8 km. However, Raheja Vivarea offers a superior living environment with 13 amenities compared to 7 and a much lower density of 29 units per acre versus 125, set across a massive 14-acre land parcel.

The stronger overall pick depends on your priority. Piramal Mahalaxmi is the ideal choice for those seeking immediate possession and better financial value. Raheja Vivarea is the superior selection for luxury buyers who prioritize a low-density, sprawling estate with extensive lifestyle amenities, despite the higher investment and construction timeline.

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).
  • Most amenities: Raheja Vivarea, with 13 listed.
  • Higher Lavish rating: Raheja Vivarea at 9.3 / 10.

Get the real price on either project

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Frequently asked questions

Which is cheaper, Piramal Mahalaxmi or Raheja Vivarea?

Piramal Mahalaxmi is the cheaper of the two, starting at ₹9.20 Crore against ₹15.60 Crore — a difference of about 41%.

Which is closer to a metro station, Piramal Mahalaxmi or Raheja Vivarea?

The nearest transit point to Piramal Mahalaxmi is Science Centre (0.8 km), and to Raheja Vivarea it is Jagannath Shankar Sheth Metro (1.4 km).

Are Piramal Mahalaxmi and Raheja 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 Vivarea offer?

Piramal Mahalaxmi offers 3 BHK, 4 BHK, while Raheja Vivarea offers 3 BHK, 4 BHK.

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