Mahalaxmi · Mumbai
7 Mahalaxmi
NM Joshi Marg, Mahalaxmi · by Runwal Enterprises
Registered project name
7 Mahalaxmi - Tower 2Updated Oct 2026
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The story at a glance
At a glance
swipe →A first look at 7 Mahalaxmi
7 Mahalaxmi is a residential project by Runwal Enterprises on NM Joshi Marg, Mahalaxmi, Mumbai 400011. It is registered with MahaRERA under P51900079270 (registered 2025-02-25). The project has 150 units across 1 building of up to 84 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). The quoted rate is about ₹56,000 per sq ft. MahaRERA proposed possession: Feb 2032.
Ask an advisor to verify current developer inventory and price.
Other wings & phases: 7 Mahalaxmi - Tower 1
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 WhatsAppOur view on 7 Mahalaxmi
Mumbai Property Exchange advisoryRunwal's 84-floor 7 Mahalaxmi on NM Joshi Marg — 150 homes of 2, 3 and 4 BHKs, 814 to 2,079 sq ft, quoted around ₹56,000 per sq ft, about 23% below Mahalaxmi resale. Possession is February 2032.
Who it suits
Buyers who want a central Mumbai address in a new tall tower at a lower entry price, with a 2 BHK from about ₹4.55 Cr.
Who should look elsewhere
Anyone who needs to move in before 2032.
The price, in context
Quoted well below the Mahalaxmi resale median of about ₹72,800 per sq ft — the long wait to 2032 is the reason.
What we would check before you commit
The payment plan over six years, the floor and view, and parking. Our team checks these with the developer.
Mahalaxmi new launches, by quoted rate
| Project | Rate / sq ft | Possession |
|---|---|---|
| Piramal Mahalaxmi North Tower | ₹74,100 | Apr 2027 |
| Godrej Avenue Eleven B | ₹68,400 | Dec 2023 |
| Minerva | ₹65,000 | Apr 2027 |
| 7 Mahalaxmi | ₹56,000 | Feb 2032 |
| Mahindra BeaconHill | ₹51,000 | Dec 2031 |
| Chandra Darshan Heights | ₹43,400 | Dec 2023 |
Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.
About 7 Mahalaxmi
Location
7 Mahalaxmi stands on NM Joshi Marg in Mahalaxmi, Mumbai 400011, in the Mumbai City district. Across 446 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹72,800 per sq ft, and a 2 BHK typically rents for about ₹2.05 Lac a month.
MahaRERA record
7 Mahalaxmi is registered with MahaRERA under P51900079270, dated 25 February 2025. The registered promoter is Runwal Real Estates Private Limited. The filing lists 1 wing: 2 with 150 units over 84 floors. According to MahaRERA, 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
The latest MahaRERA progress report shows foundation at 20%, structure at 0%, finishing at 0%, services at 0%. 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 Upper Crest, Runwal Ivory, Runwal Auris.
Buyer demand in Mahalaxmi
In the last 90 days, buyers and tenants registered 19 requirements for Mahalaxmi with Mumbai Property Exchange, 6 of them to buy and 8 specifically for 2, 3 & 4 BHK homes.
Mahalaxmi market
prices, rents & ratesPrice vs locality
Mahalaxmi — resale, rent & yield
This project is quoted around ₹55,963/sqft — 23% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Mahalaxmi
Upcoming projects & infrastructure in Mahalaxmi
take an informed decision12 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
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
150 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 declared to MahaRERA
11+3 more ▾
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.
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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
3
Flats for Rent in Mahalaxmi
4
Commercial for Sale in Mahalaxmi
1
Commercial for Lease in Mahalaxmi
1
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Frequently Asked Questions
Is 7 Mahalaxmi good value?
It is quoted at about ₹56,000 per sq ft, about 23% below Mahalaxmi resale — the trade-off is possession in February 2032.
What sizes does 7 Mahalaxmi offer?
2, 3 and 4 BHKs of 814 to 2,079 sq ft carpet, about ₹4.55 Cr to ₹11.64 Cr as on 09 Jul 2026 (indicative).
Where is 7 Mahalaxmi located?
7 Mahalaxmi is on NM Joshi Marg, Mahalaxmi, Mumbai 400011.
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, about ₹56,000 per sq ft. 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 P51900079270, registered 2025-02-25.
How many units does 7 Mahalaxmi have?
MahaRERA records 150 units across 1 building, up to 84 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?
12 MahaRERA-registered projects in Mahalaxmi are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.
