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
₹9.2 Crore onwards
Mahalaxmi
Piramal Realty
Ready to Move
Raheja Vivarea
₹15.6 Crore onwards
Mahalaxmi
K Raheja Corp
Under Constructionmarks 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.
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Ask an advisor on WhatsAppWhich 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.