Property for Sale & Rent in Mahalaxmi
Home to the Mahalaxmi Racecourse and some of Mumbai's most exclusive addresses, Mahalaxmi is a trophy location for ultra-luxury buyers. The neighbourhood offers a mix of heritage charm and modern skyscrapers with panoramic city and sea views.
53 properties available
Summary
Mahalaxmi, Mumbai — Ultra-luxury, racecourse views. Property Butler tracks 53 active listings here, with asking prices in the 5 Cr to 100+ Cr range.
For RentPrestige Jasdan Classic
3 BHK Residential
Mahalaxmi
For SalePrestige Jasdan Classic
3 BHK Residential
Mahalaxmi
For SalePrestige Jasdan Classic
5+ BHK Residential
Mahalaxmi
For SalePrestige Jasdan Classic
2 BHK Residential
Mahalaxmi
For SalePrestige Jasdan Classic
3 BHK Residential
Mahalaxmi
For RentPrestige Jasdan Classic
3 BHK Residential
Mahalaxmi
For SaleRaheja Modern Vivarea
3 BHK Residential
Mahalaxmi
For SalePiramal Mahalaxmi
2 BHK Residential
Mahalaxmi, South Mumbai
For SalePrestige Jasdan Classic
3 BHK Residential
Mahalaxmi
For SaleRaheja Vivarea
4 BHK Residential
Mahalaxmi
For SalePrestige Jasdan Classic
3 BHK Residential
Mahalaxmi, South Mumbai
For SalePrestige Jasdan Classic
2 BHK Residential
Mahalaxmi, South Mumbai
Browse Properties in Mahalaxmi
About Mahalaxmi
Home to the Mahalaxmi Racecourse and some of Mumbai's most exclusive addresses, Mahalaxmi is a trophy location for ultra-luxury buyers. The neighbourhood offers a mix of heritage charm and modern skyscrapers with panoramic city and sea views.
Micro-locations in Mahalaxmi
Mahalaxmi Racecourse
Premium towers overlooking the racecourse and Arabian Sea
Lotus Colony
Quiet residential pocket with redevelopment potential
Connectivity & Infrastructure
- Mahalaxmi railway station (Western line + Harbour)
- Walking distance to Lower Parel business district
- Coastal Road Phase 2 connectivity
- Haji Ali and Nehru Planetarium proximity
- Metro Line 3 access upcoming
Who Buys in Mahalaxmi
Ultra-HNI families · Industrialist families · NRI wealth preservation · Corporate leaders
Investment Outlook — Mahalaxmi 2026
Mahalaxmi is one of Mumbai's most supply-constrained markets — the racecourse ensures permanently open views and no new land availability. Trophy projects like Lodha Bellevue, Piramal Mahalaxmi, and Raheja Vivarea have reset the price floor above ₹50,000/sqft. Capital appreciation has historically outpaced inflation.
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Top Developers in Mahalaxmi
Lodha · Piramal · K Raheja Corp · Prestige Group · Shapoorji Pallonji
Notable Projects in Mahalaxmi
K Raheja Corp
Raheja Modern Vivarea
Mahalaxmi's anchor luxury project. Trust 86/100. Avg asking PSF ~₹67,000.
Godrej Properties
Godrej Avenue Eleven
Trophy Mahalaxmi address with racecourse views. Trust 76/100. Avg asking PSF ~₹62,500.
Piramal Realty
Piramal Mahalaxmi
Jacob Circle address with ultra-luxury positioning. Avg asking PSF ~₹59,500.
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