Piramal Mahalaxmi — Review, Price, Floor Plans & Buyer Guide (May 2026)
Piramal Mahalaxmi is Piramal Realty's South Mumbai flagship — a 64-storey mixed-use tower on Jacob Circle, Mahalaxmi. Property Butler tracks the project's sales, pricing and delivery progress. Here's the complete review.
Piramal Mahalaxmi — Key Stats
Jacob Circle, Mahalaxmi
3–5 BHK | ₹9–30 Cr | UC 2026–27
About Piramal Mahalaxmi
Piramal Mahalaxmi is a 64-storey supertall at the junction of Mahalaxmi and Jacob Circle — the northern entry to Mahalaxmi Racecourse belt. It's not technically Racecourse-facing (that distinction belongs to K Raheja Vivarea and Godrej Avenue Eleven), but the sheer height means upper floors have unobstructed views over the Racecourse and beyond. Lower floors (<15F) face Jacob Circle — noisier and less premium.
| Config | Carpet (Est.) | Price Range | PSF | Notes |
|---|---|---|---|---|
| 3 BHK | 1,200–1,500 sqft | ₹9–13 Cr | ₹72,000–₹87,000/sqft | Mid-floor; city view |
| 3 BHK High-Floor | 1,200–1,500 sqft | ₹13–18 Cr | ₹87,000–₹1,20,000/sqft | 30F+; Racecourse view |
| 4 BHK | 1,600–2,000 sqft | ₹14–24 Cr | ₹87,000–₹1,20,000/sqft | Premium floors |
| 5 BHK / Penthouse | 2,000–3,000 sqft | ₹22–35 Cr | ₹1,10,000–₹1,17,000/sqft | Top floors |
Piramal vs Lodha Bellevue vs Raheja Vivarea
Piramal is 15–20% cheaper than Godrej Avenue Eleven but 10–15% above Lodha Bellevue for comparable floors. The brand premium is real — Piramal is a Nifty-listed group with NBFC and pharma credibility. But unlike Godrej or Lodha, Piramal has fewer delivered SoBo projects to benchmark construction quality against. Our view: Piramal Mahalaxmi is worth the slightly higher PSF vs Lodha for buyers who value brand assurance and like the Jacob Circle entry location.
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Search NowWhatsApp UsWhen is Piramal Mahalaxmi possession?
Estimated 2026–2027 for initial phases. Check RERA for current scheduled date.
Is the Piramal Mahalaxmi location good?
Jacob Circle is busy — but the tower's height mitigates it above 15F. Proximity to Racecourse (500m), Haji Ali (1 km) and Metro Line 3 (Mahalaxmi station) are strong positives.