Property rates in Mahalaxmi, Mumbai
5 luxury projects · priced ₹4.07 Crore – ₹15.60 Crore·Updated 8 October 2026
Median asking rate
₹54,267/ sq.ft
Across 5 projects listed in Mahalaxmi
Range
₹51,111 – ₹75,000
Cheapest to dearest project, per sq.ft
Rank in Mumbai
3rd of 3
Micro-markets we track, dearest first
5
₹4.07 Crore
4
750–3,600 sq.ft
Luxury homes in Mahalaxmi are asking a median ₹54,267 per sq.ft across 5 projects, ranging ₹51,111 to ₹75,000. 2 of the 5 are ready to move in, 3 are under construction. Developers active here include K Raheja Corp, Piramal Realty, Runwal Enterprises, Shapoorji Pallonji Real Estate. Every project below is hand-picked, RERA-checked where applicable, and offered with transparent pricing and zero brokerage.
What homes cost in Mahalaxmi, by type
Median asking rate per square foot within each category. A project offering more than one format is counted in each.
How Mahalaxmi compares with the rest of Mumbai
Median asking rate per square foot for every Mumbai micro-market where we track at least 3 luxury projects. City-wide median ₹59,955.
All 5 luxury projects in Mahalaxmi
Apartment
Shapoorji Pallonji The Minerva
Mahalaxmi
₹12.99 Crore onwards
Frequently asked questions
What is the price per sq.ft in Mahalaxmi?
Across the 5 luxury projects Lavish Living Home tracks in Mahalaxmi, the median asking rate is ₹54,267 per sq.ft, with individual projects ranging from ₹51,111 to ₹75,000 per sq.ft. These are asking rates on currently listed inventory as of 8 October 2026, not registered transaction values.
What does a home in Mahalaxmi cost?
Ticket prices in Mahalaxmi run ₹4.07 Crore – ₹15.60 Crore, for homes between 750 and 3,600 sq.ft. That covers 5 projects from 4 developers.
Is Mahalaxmi expensive compared with the rest of Mumbai?
Mahalaxmi is the 3rd most expensive of the 3 Mumbai micro-markets Lavish Living Home tracks, at a median ₹54,267 per sq.ft against a city-wide median of ₹59,955. The most expensive is Worli at ₹79,734, the least is Mahalaxmi at ₹54,267.
Which builders have projects in Mahalaxmi?
4 developers have luxury projects in Mahalaxmi, including K Raheja Corp, Piramal Realty, Runwal Enterprises, Shapoorji Pallonji Real Estate.
Popular comparisons in Mahalaxmi
Side-by-side on price, size, possession and location — every parameter we publish.
Other luxury localities in Mumbai
How we calculate these rates
Every figure on this page is computed from the 5 luxury projects Lavish Living Home lists in Mahalaxmi, as of 8 October 2026. A project's rate is its entry price divided by the size of its smallest listed configuration; the locality figure is the median of those, so one outlier cannot move it.
These are asking prices on live inventory, not registered transaction values, and they cover the luxury end of the market rather than all housing stock. We publish no year-on-year change because we hold no historical series for Mahalaxmi — a trend line drawn from a single snapshot would be invented. Rates move with launches, inventory and offers, so treat this as a reference point and ask an advisor for the live number on any project.