Mahalaxmi · Mumbai
7 Mahalaxmi
NM Joshi Marg, Mahalaxmi · by Runwal Enterprises
Registered project name
7 Mahalaxmi - Tower 1Updated Oct 2026
MahalaxmiPhotos from the project record · tap to enlarge
A first look at 7 Mahalaxmi
7 Mahalaxmi is a residential project by Runwal Enterprises on NM Joshi Marg, Mahalaxmi, Mumbai 400013. It is registered with MahaRERA under PR1170002400011 (registered 2024-09-26). The project has 271 units across 1 building of up to 89 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 814–2,079 sq ft, priced ₹4.55 Cr–₹11.64 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Feb 2032.
Ask an advisor to verify the current project and inventory status.
Part of 7 Mahalaxmi, Mahalaxmi
Other wings & phases: 7 Mahalaxmi - Tower 2
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppAbout 7 Mahalaxmi
Location
7 Mahalaxmi stands on NM Joshi Marg in Mahalaxmi, Mumbai 400013, in the Mumbai City district. Across 436 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹72,300 per sq ft, and a 2 BHK typically rents for about ₹2 Lac a month.
MahaRERA record
The MahaRERA registration number is PR1170002400011, issued on 26 September 2024. The registered promoter is Runwal Real Estates Private Limited. The filing lists 1 wing: 1 with 271 units over 89 floors. Per the registration, the architect on record is Amit A. Wasrani & Associates and the project escrow account is with Indusind Bank.
Homes and prices
Homes on offer are 2 BHK of 814–872 sq ft at ₹4.55 Cr–₹4.88 Cr; 3 BHK of 1,266–1,297 sq ft at ₹7.08 Cr–₹7.26 Cr; 4 BHK of 2,079 sq ft at ₹11.64 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹55,900–₹56,000 per sq ft of carpet, 23% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Feb 2032.
Developer track record
Runwal Enterprises has 73 projects tracked on Mumbai Property Exchange, 47 of them delivered (ready or sold out). Other projects by the same developer include Runwal Parkside, Runwal Upper Crest, Runwal Ivory.
Buyer demand in Mahalaxmi
In the last 90 days, buyers and tenants registered 22 requirements for Mahalaxmi with Mumbai Property Exchange, 7 of them to buy and 10 specifically for 2, 3 & 4 BHK homes.
Mahalaxmi market
prices, rents & ratesMahalaxmi — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Mahalaxmi
Upcoming projects & infrastructure in Mahalaxmi
take an informed decision13 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031; the nearest upcoming infrastructure to 7 Mahalaxmi is the Worli-Sewri Connector, 1.5 km away (under construction · due 2026).
- 🚇Line 3 AquaOpened 20251.3 km
- 🛣️Worli-Sewri ConnectorUnder construction · due 20261.5 km
- 🛣️Coastal Road (Phase 1)Opened 20241.9 km
- 🚇Line 11 GreenApproved1.9 km
- 🌉MTHL / Atal SetuOpened 20243.2 km
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
Buildings · 1 wing
271 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis 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 · 1266 sq ft at ₹7.08 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹5.31 Cr here), released stage by stage, so your own money is about ₹1.77 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 ₹4.61 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 advisorAmenities
19+11 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Mahalaxmi
4
Flats for Rent in Mahalaxmi
4Commercial for Sale in Mahalaxmi
1
Commercial for Lease in Mahalaxmi
1
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MahaRERA projects nearby in Mahalaxmi
Frequently Asked Questions
Where is 7 Mahalaxmi located?
7 Mahalaxmi is on NM Joshi Marg, Mahalaxmi, Mumbai 400013.
What is the price of 7 Mahalaxmi?
2, 3 & 4 BHK homes are priced ₹4.55 Cr–₹11.64 Cr as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does 7 Mahalaxmi offer?
2 BHK – 814 sq ft carpet at ₹4.55 Cr; 2 BHK – 872 sq ft carpet at ₹4.88 Cr; 3 BHK – 1,266 sq ft carpet at ₹7.08 Cr; 3 BHK – 1,297 sq ft carpet at ₹7.26 Cr; 4 BHK – 2,079 sq ft carpet at ₹11.64 Cr.
When is possession of 7 Mahalaxmi?
As per MahaRERA, proposed possession is Feb 2032.
Is 7 Mahalaxmi RERA-registered?
Yes — MahaRERA registration PR1170002400011, registered 2024-09-26.
How many units does 7 Mahalaxmi have?
MahaRERA records 271 units across 10 buildings, up to 89 floors.
Who is the developer of 7 Mahalaxmi?
Runwal Enterprises — 73 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Mahalaxmi?
13 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 7 Mahalaxmi?
Line 3 Aqua — opened 2025, 1.3 km away; Worli-Sewri Connector — under construction · due 2026, 1.5 km away; Coastal Road (Phase 1) — opened 2024, 1.9 km away; Line 11 Green — approved, 1.9 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.
