Ready Possession
Piramal Mahalaxmi , Mahalaxmi
Starting From
Rs 5.71 Cr
onwards
About This Project
Piramal Mahalaxmi in Mahalaxmi
Piramal Mahalaxmi is one of South Mumbai's most prestigious luxury residential developments by Piramal Realty. Located in the heart of Mahalaxmi, Mumbai, this landmark project offers exquisitely designed 2, 3 & 4 BHK luxury apartments with breathtaking views of the Mahalaxmi Racecourse, Arabian Sea, and the Mumbai skyline. Designed for modern urban living, Piramal Mahalaxmi combines world-class architecture, premium interiors, expansive layouts, and five-star lifestyle amenities. The project provides seamless connectivity to Lower Parel, Worli, Tardeo, Haji Ali, Marine Drive, Nariman Point, BKC, and Mumbai International Airport, making it one of Mumbai's most desirable residential addresses. Whether you are looking for a dream home or a high-value real estate investment, Piramal Mahalaxmi offers an unmatched combination of luxury, location, and long-term appreciation.
Project info updated on August 17, 2026
Key Project Highlights
1Three towers (49-66 storeys) on 6.84 acres overlooking the 225-acre Mahalaxmi Racecourse: one of Mumbai's most protected views.
2Architecture by Callison RTKL (USA) with Hafeez Contractor; biophilia design concept.
3Ready possession: South Tower OC received, Central Tower ready-to-move, North Tower topped out.
474,000 sq.ft. podium with 36+ amenities: infinity pool, observatory deck, climbing wall, squash, amphitheatre.
5Direct Coastal Road access, Sea Link, Eastern Freeway, and Mahalaxmi Railway Station nearby.
Project Specifications
2, 3, 4 & 4.5 BHKs
Unit Type
775-1450
Carpet Area (sq.ft.)
OC Recieved
Possession
Ready Possession
Construction Status
5.71 Cr.
Starting Price
66
No. of Floors
Project Amenities
Infinity Edged Swimming Pool
Jacuzzi
Climbing Wall
Half Basketball Court
Party Lawn
Children's Pool
Squash Court
Jogging/Bicycle Track
Project Gallery
1 / 7
About The Neighbourhood
Mahalaxmi : The Neighbourhood
Mahalaxmi Racecourse Road sits in the heart of South Mumbai's most established residential pocket. The road itself runs alongside the Mahalaxmi Racecourse, giving it a distinct character with open sightlines and lower traffic density compared to Marine Drive or Worli. You're walking distance to the racecourse grounds, which means tree cover and breathing room in this part of the city. The area has old money feel with independent bungalows mixed alongside newer apartment complexes. Commute to BKC takes 12 to 15 minutes by car; Lower Parel is 5 minutes away. Haji Ali, Marine Drive, and Nariman Point are all within 3 to 4 km. The airport is roughly 20 km via the Western Express Highway. Daily conveniences are solid: small vegetable vendors operate on the road itself, and Mahalaxmi market for groceries is a 10 minute walk. This is established residential Mumbai, not a commercial corridor.
Why This Location
Why Buy in Mahalaxmi
Nearby Medical Care
Jupiter Hospital is 1.8 km away on Mahalaxmi Racecourse Road itself. Also within reach is Bhatia Hospital at 2.2 km towards Tardeo.
Shopping and Daily Needs
Mahalaxmi Market is a 10 minute walk for produce and essentials. Tardeo and Lower Parel both have retail options within 2 to 3 km.
Public Transport Access
Mahalaxmi Railway Station is 1.2 km away on the Central Line. Worli Metro station on the Aqua Line is 1.5 km, both walkable or a short auto ride.
Open Space
The Mahalaxmi Racecourse grounds sit directly alongside the project, offering green space and views. Marine Drive promenade is 2 km away for evening walks.
Nearby Landmarks
🏥 Jupiter Hospital - 1.8 km
🚆 Mahalaxmi Railway Station - 1.2 km
🛍️ Mahalaxmi Market - 0.8 km
✈️ Mumbai International Airport - 20 km
🏢 Lower Parel Business District - 1.5 km
🎓 Cathedral School - 2.5 km
Location Map
This project
About The Developer
Piramal Realty
P
Piramal Realty
Founded 2008 · Headquartered in Mumbai
Piramal Realty is the real estate development arm of the Piramal Group, a Mumbai-based diversified conglomerate founded in 1990. The parent company, Piramal Enterprises Limited, is a publicly listed entity on the BSE and NSE, providing institutional oversight and financial transparency to real estate operations. Piramal Realty entered the residential development sector in 2008 and has since focused on the premium and luxury segments across Mumbai, Bangalore, and the National Capital Region. The company is promoted by Ajay Piramal, who built the Piramal Group into a multi-billion-dollar enterprise with interests in pharmaceuticals, financial services, and real estate. Headquarters are located in Mumbai, with the real estate division managing projects primarily in Maharashtra and across major Indian metros. The developer's portfolio includes approximately 25-30 million square feet of delivered residential and commercial space. Notable completed projects in Mumbai include Piramal Aranya in Baner, Pune; Piramal Realty's various luxury residential offerings in South Mumbai and Western Suburbs; and the Piramal Headquarters at Worli, a commercial landmark completed in 2016. The company has also delivered mid-to-premium segment housing projects across Bangalore and Delhi-NCR. Piramal Realty concentrates on the premium and luxury segments, typically with project price points starting from Rs. 1 crore and extending to ultra-luxury offerings. Construction quality has received attention through third-party certifications and adherence to green building standards in select projects. The developer maintains RERA registration across all active projects in Maharashtra, with filings available on the MahaRERA portal. Like most large Indian developers, Piramal Realty has experienced delivery delays on certain projects, though major flagship developments have largely adhered to revised timelines. The group's public listing status as part of Piramal Enterprises means quarterly financial disclosures and regulatory scrutiny provide transparency on project progress and financial health. The company has received industry recognition including awards from NAREDCO and other real estate bodies. Piramal Realty's positioning within the larger Piramal Group conglomerate offers financial stability and access to institutional capital, which distinguishes it from single-purpose developers. For serious luxury buyers, the developer represents a combination of established brand credibility, regulatory compliance, and institutional backing, though prospective buyers should review specific project RERA filings and timelines before commitment.
18+
Years active
25M+
Sqft delivered
20+
Completed projects
3.5/5
Delivery rating
Frequently Asked Questions
Piramal Mahalaxmi : Common Questions
What is the price of Piramal Mahalaxmi?
Prices start at 5.71 crores for the 2 and 3 BHK units, with the larger 4 and 4.5 BHK apartments priced higher depending on carpet area. Exact pricing varies by unit size and floor. You should check current availability and pricing with the sales team.
Why buy in Mahalaxmi over other Mumbai locations?
Mahalaxmi offers established infrastructure without the congestion of central South Mumbai. You get quick access to Lower Parel's offices and BKC via the Eastern Freeway in under 25 minutes. The racecourse proximity and lower density compared to Bandra or Worli makes it feel more residential. Resale demand here is consistently strong because buyers value the established locality and connectivity.
What sizes are available in Piramal Mahalaxmi?
The project offers 2, 3, 4, and 4.5 BHK apartments. Carpet areas range from 775 sq.ft. for the 2 BHKs up to 1450 sq.ft. for the larger units. The exact configuration and floor plans depend on the specific unit you're looking at.
When will Piramal Mahalaxmi be ready for possession?
The project has received its Occupation Certificate and is ready for possession now. This is a completed development, so there's no wait time. I'd recommend verifying the OC status with the RERA portal and getting a legal opinion on the title before you commit.
Is Piramal Mahalaxmi a good investment?
South Mumbai real estate, especially on established roads like Mahalaxmi Racecourse Road, holds value well. Prices in this micro-market have appreciated steadily over the past 5-7 years. Rental demand is decent because of proximity to Lower Parel offices, though you won't get the returns you'd see in newer hotspots. If you're looking for stability and long-term capital appreciation rather than quick gains, this is a solid bet.
How do I book a flat in Piramal Mahalaxmi?
Contact us and we'll arrange a site visit at your convenience, usually within 1-2 days. Our team handles all the paperwork, legal checks, and negotiation with the builder at no cost to you. Once you've decided on a unit, we'll guide you through the booking agreement and registration process.
Floor Plan
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