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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp

Updated Oct 2026

Mahalaxmi
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Speak to an MPE advisor about Piramal Mahalaxmi Central Tower, current availability and your requirements.

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Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

At a glance

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Price check
₹82,069/sq.ft
₹61,900₹81,900
Above the usual range for homes for sale in Mahalaxmi (478 listings).
Area price trend
₹73,500/sq.ft
+27.9% since Q2 25 · asking rate for homes in Mahalaxmi
Who's looking
18 requests
People asked us for Mahalaxmi in the last 90 days — 6 to buy.
Getting around
  • Line 3 Aqua0.9 km
  • Coastal Road (Phase 1)1.4 km
  • Line 11 Green1.9 km

A first look at Piramal Mahalaxmi Central Tower

Piramal Mahalaxmi Central Tower is a residential project in Mahalaxmi, Mumbai 400011. It is registered with MahaRERA under P51900016482 (registered 2023-12-05). The project has 183 units across 1 building of up to 62 floors. It offers 3 BHK homes with carpet areas of 1,450 sq ft, priced ₹11.9 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹82,100 per sq ft. MahaRERA proposed possession: Jun 2026.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Pick a home. See its size, approximate cost and monthly payment.

Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.

Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →

Price
Stamp duty, 6%
Registration₹30,000
Builder chargessociety formation, share money, membership, legal, clubhouse, advance maintenance, property taxExtra
Total before builder charges
a month on a 20-year home loan at 8.5%

Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.

Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.

Ask for the latest price
Areas filed by the developer in MahaRERA (3)
ConfigurationCarpet
3 BHK1,044–1,324 ft²
4 BHK1,744–2,680 ft²
5 BHK Amp Amp3,520–7,104 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

Property listings in Piramal Mahalaxmi Central Tower

For sale
For rent

Piramal Mahalaxmi Central Tower floor plans

2
Piramal Mahalaxmi Central Tower, Mahalaxmi — floor plan 1Piramal Mahalaxmi Central Tower, Mahalaxmi — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

Our view on Piramal Mahalaxmi Central Tower

Mumbai Property Exchange advisory

Piramal Mahalaxmi Central Tower by Piramal Realty in Mahalaxmi is quoted at about ₹82,100 per sq ft of carpet, with possession per MahaRERA due in Jun 2026. That is about 13% above what resale homes in Mahalaxmi ask (about ₹72,800).

Who it suits

Buyers who want a ready or nearly ready home in Mahalaxmi — possession was due in Jun 2026, so check the occupation certificate.

The price, in context

Among the Mahalaxmi new launches in the table below, it is number 3 of 6 by quoted rate. New launches usually ask a premium over resale for a new building and amenities; at 13% this one's premium is modest.

What we would check before you commit

The latest price list, the payment plan against possession in Jun 2026, the floor and view of the unit, and parking. Our team checks these with the developer for you.

Mahalaxmi new launches, by quoted rate

ProjectRate / sq ftPossession
The Imperial I₹1,00,000Apr 2030
Godrej Avenue Eleven A₹1,00,000Dec 2023
Piramal Mahalaxmi Central Tower₹82,100Jun 2026
Piramal Mahalaxmi North Tower₹74,100Apr 2027
Godrej Avenue Eleven B₹68,400Dec 2023
Minerva₹65,000Apr 2027

Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.

Our premium desk will personally arrange a private viewing.Request on WhatsApp

About Piramal Mahalaxmi Central Tower

Location

Piramal Mahalaxmi Central Tower is located in Mahalaxmi, Mumbai 400011, in the Mumbai City district. Across 478 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹73,400 per sq ft, and a 2 BHK typically rents for about ₹2 Lac a month.

MahaRERA record

The MahaRERA registration number is P51900016482, issued on 5 December 2023. The registered promoter is Glider Buildcon Realtors. The filing lists 1 wing: Tower 2 with 183 units over 62 floors. Per the registration, the architect on record is Anand and the project escrow account is with Yes Bank.

Homes and prices

The price list covers 3 BHK of 1,450 sq ft at ₹11.9 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹82,100 per sq ft of carpet, 12% above the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

Construction and possession

The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jun 2026.

Developer track record

Piramal Realty has 24 projects tracked on Mumbai Property Exchange, 16 of them delivered (ready or sold out).

Buyer demand in Mahalaxmi

In the last 90 days, buyers and tenants registered 18 requirements for Mahalaxmi with Mumbai Property Exchange, 6 of them to buy and 4 specifically for 3 BHK homes.

Developer's description ▾
Perched gracefully overlooking the stunning Arabian Sea, Piramal Mahalaxmi in South Mumbai is set to redefine the concept of luxurious living. Developed by the renowned Piramal Realty, this project is currently under construction and is expected to be ready for possession between June 2025 and June 2026. Located in the prestigious Mahalaxmi area, this upscale residential complex is spread across a vast land area of 4 acres and offers meticulously designed and ultra-luxurious 2, 3, and BHK homes. The three high-rise towers offer panoramic views of the mesmerizing city skyline. Indulge in a range of top-notch amenities provided for your comfort and leisure, including an infinity-edged swimming pool, spa, fitness center, yoga room, expansive lawn, games room, rooftop observatory deck, library/reading lounge, and much more. The project encompasses an area of 4 acres and comprises three towers: Tower I (North) Tower II (Central) Tower III (North) Situated in the bustling locale of Mahalaxmi, Piramal Mahalaxmi offers excellent connectivity. Commuting to other parts of the city is seamless with easy access to the Bandra-Worli Sea Link, Eastern Freeway, and the Mahalaxmi railway station. The vicinity is well-served by healthcare centers like Wockhardt Hospital and is in close proximity to educational institutions such as St. Xavier's College. Sports enthusiasts can enjoy nearby attractions like the Wankhede Stadium and the Mahalaxmi Race Course. For your shopping needs, Palladium Mall and High Street Phoenix Mall are conveniently located. Mahalaxmi is a vibrant and sought-after location known for its prime position in South Mumbai. With its rich history, cultural significance, and proximity to prominent landmarks, Mahalaxmi offers a truly captivating living experience. Embrace the epitome of luxury living at Piramal Mahalaxmi, where breathtaking views, exceptional amenities, and a prime location combine to create an unparalleled lifestyle. Immerse yourself in the lap of opulence as you enjoy the best that Mumbai has to offer.

Mahalaxmi market

prices, rents & rates

Price vs locality

₹82,069
/sqft · Mahalaxmi rate-band mid-point ₹72,500
13% above mid-point

Mahalaxmi — resale, rent & yield

Resale
₹73,400/sqft
median · 478 listings
Rent
₹244.2/sqft/mo
2 BHK ~₹200,000/mo
Gross yield
4.0%/yr
rent vs resale value

This project is quoted around ₹82,069/sqft — 12% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Mahalaxmi

Residential · Sale
₹55,000–90,000/sqft
Commercial · Sale
₹50,000–90,000/sqft
2 BHK · Rent
₹130,000–280,000/mo

Upcoming projects & infrastructure in Mahalaxmi

take an informed decision

12 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031; the nearest upcoming infrastructure to Piramal Mahalaxmi Central Tower is the Line 11 Green, 1.9 km away (approved).

12
MahaRERA projects handing over in the next 5 years
in Mahalaxmi
₹72,600/sqft▲
typical asking price
rising this quarter
₹19,800/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Mahalaxmi by possession year
6
2027
1
2028
2
2029
1
2030
2
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Piramal Mahalaxmi Central Tower
  • 🚇Line 3 AquaOpened 20250.9 km
  • 🛣️Coastal Road (Phase 1)Opened 20241.4 km
  • 🚇Line 11 GreenApproved1.9 km
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20262.0 km
📜 2,913 registered transactions (IGR) on record in Mahalaxmi. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Mahalaxmi prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Mahalaxmi, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Jun 2026
Project status
New
MahaRERA No.
P51900016482
Data last updated
Oct 2026
Registered
2023-12-05
Escrow Bank
YES BANK
Architect
Anand
Total FSI
41,759

Buildings · 1 wing

183 units
Central Tower - Tower 2 · 62 fl · 183 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Piramal Mahalaxmi Central Tower

Piramal Mahalaxmi Central Tower in Mahalaxmi is 0.3 km from Sant Gadge Maharaj Chowk metro station, 0.2 km from Mahalaxmi railway station, 0.6 km from Worli Naka Upper Primary School-Tamil and 0.4 km from Kasturba Hospital.

  • Ⓜ Metro stationSant Gadge Maharaj Chowk0.3 km
  • Ⓜ Metro stationMahalaxmi0.3 km
  • 🚉 Railway stationMahalaxmi0.2 km
  • 🏫 SchoolWorli Naka Upper Primary School-Tamil0.6 km
  • 🏫 SchoolByculla School0.7 km
  • 🏥 HospitalKasturba Hospital0.4 km
  • 🏥 HospitalNirmala Maternity and Surgical Hospital with Polyclinic0.7 km
  • 🎓 CollegeSneha lata Rane Girls High School and Junior College0.7 km
  • 🛍 Mallorbits mall2.5 km
  • 🌳 ParkRacecourse Ground0.7 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor0%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 3 BHK · 1450 sq ft at ₹11.90 Cr (the price recorded above).

Due soon after booking~₹11.30 Cr95%, stages already done
Balance till possession~₹59.5 Las the last stages finish
Stamp duty + GST~₹71.4 L + ₹59.5 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹8.93 Cr here), released stage by stage, so your own money is about ₹2.98 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹7.75 L/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities declared to MahaRERA

13
Community BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

21 brochure amenities1 kind of view1 home features
Sign in free to see them

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Connectivity

Railway
Mahalaxmi Railway Station - 5 Minutes.
Hospital
Wockhardt Hospital- 1.11Km, Breach Candy Hospital - 3.8Km
School
Villa Theresa High School - 4.2Km, Cathedral & John Connon School- 6.1Km

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Mahalaxmi

4

Flats for Rent in Mahalaxmi

4

Commercial for Sale in Mahalaxmi

1

Commercial for Lease in Mahalaxmi

1

Compare Central Tower - Tower 2 with similarly priced projects nearby

MahaRERA projects nearby in Mahalaxmi

Frequently Asked Questions

Is Piramal Mahalaxmi Central Tower good value compared with other Mahalaxmi homes?

It is quoted at about ₹82,100 per sq ft, about 13% above the Mahalaxmi resale median of about ₹72,800. Prices are indicative; our team can confirm the latest.

Where is Piramal Mahalaxmi Central Tower located?

Piramal Mahalaxmi Central Tower is in Mahalaxmi, Mumbai 400011.

What is the price of Piramal Mahalaxmi Central Tower?

3 BHK homes are priced ₹11.9 Cr as on 09 Jul 2026, about ₹82,100 per sq ft. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

What configurations and carpet areas does Piramal Mahalaxmi Central Tower offer?

3 BHK – 1,450 sq ft carpet at ₹11.9 Cr.

When is possession of Piramal Mahalaxmi Central Tower?

As per MahaRERA, proposed possession is Jun 2026.

Is Piramal Mahalaxmi Central Tower RERA-registered?

Yes — MahaRERA registration P51900016482, registered 2023-12-05.

How many units does Piramal Mahalaxmi Central Tower have?

MahaRERA records 183 units across 1 building, up to 62 floors.

Who is the developer of Piramal Mahalaxmi Central Tower?

Piramal Realty (Glider Buildcon Realtors) — 24 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Mahalaxmi?

12 MahaRERA-registered projects in Mahalaxmi are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Piramal Mahalaxmi Central Tower?

Line 3 Aqua — opened 2025, 0.9 km away; Coastal Road (Phase 1) — opened 2024, 1.4 km away; Line 11 Green — approved, 1.9 km away; Worli-Sewri Connector — under construction · due 2026, 2.0 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

How far is Piramal Mahalaxmi Central Tower from the nearest metro and railway station?

Piramal Mahalaxmi Central Tower is about 0.3 km from Sant Gadge Maharaj Chowk metro station and 0.2 km from Mahalaxmi railway station (straight-line distance; road distance is longer).

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-10-21). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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