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Piramal Mahalaxmi
Ready Possession

Piramal Mahalaxmi , Mahalaxmi

Starting From
Rs 5.71 Cr
onwards

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 October 18, 2026

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.
🏠
2, 3, 4 & 4.5 BHKs
Unit Type
πŸ“
775-1450
Carpet Area (sq.ft.)
πŸ—“οΈ
OC Recieved
Possession
πŸ—οΈ
Ready Possession
Construction Status
πŸ’°
5.71 Cr.
Starting Price
🏒
66
No. of Floors
✦Infinity Edged Swimming Pool
✦Jacuzzi
✦Climbing Wall
✦Half Basketball Court
✦Party Lawn
✦Children's Pool
✦Squash Court
✦Jogging/Bicycle Track

Piramal Mahalaxmi : Floor Plans

Tap any plan to view in full size. Download available on each.

2 BHK

Carpet770From5.71 Cr.

3 BHK

Carpet1066From7.99 Cr.

3 BHK

Carpet1450From11.59 Cr.

4 BHK

Carpet1850From15.50 Cr.

Mahalaxmi : The Neighbourhood

Mahalaxmi Racecourse Road sits in one of South Mumbai's most established pockets, defined by the historic racecourse on one side and leafy residential blocks on the other. The road itself is relatively quiet compared to central Worli or Lower Parel, but you're never more than a 10-minute drive from the action. Connectivity is strong: BKC is 4 km away via the Eastern Freeway onramp at Worli, and the airport is a straight 15-minute drive down the coastal route. Daily convenience is handled by the market strips around Tardeo junction and the smaller grocers along Racecourse Road itself. The street has an older money feel to it, with established apartments and offices, but it's become increasingly sought after because it offers Worli proximity without Worli's congestion.

Why Buy in Mahalaxmi

πŸ₯
Hospitals nearby

Saifee Hospital is 1.2 km away and is the largest private facility in the area. Breach Candy Hospital is 2.1 km north.

πŸ›οΈ
Shopping and markets

Tardeo junction has retail and groceries within 1 km. Amoeba Market at Lower Parel is 2.5 km for furniture and household goods.

πŸš‡
Metro and rail access

Lower Parel Metro station is 2.2 km away. Worli station on the Western Line is 1.8 km for commutes north.

🌿
Open space

The Mahalaxmi Racecourse itself runs along the property, giving you a 200-acre green buffer. Kamala Nehru Park is 3 km towards Malabar Hill for sea-view walks.

πŸ₯ Saifee Hospital - 1.2 km

πŸš† Lower Parel Metro Station - 2.2 km

πŸ›οΈ Tardeo Junction - 1.0 km

✈️ Mumbai International Airport - 15 km

🏒 BKC Business District - 4.0 km

πŸŽ“ Greycells International School - 2.8 km

Map of Piramal Mahalaxmi
This project

Piramal Realty

Piramal Realty
Founded 2008 Β· 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
1 project listed with LuxeRealty β†’

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
Floor Plan
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