List propertyWhatsApp
Best dealsNew projectsProjects mapBuy a flatRent a flatCommercialBuilders & developersWhy usRERA searchLocalitiesTools & calculatorsNRI hubNews+ List your propertyWhatsApp us
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
BetaThis building page is in testing. If any detail looks incorrect, please let us know and we’ll fix it.Report an issue

Mahalaxmi Nagar

Ready building · resale & lease in New Panvel

New Panvel, Near Matheran Bhima

Sold Out Residential

Quick facts

Price
₹4,300/sq.ft
Status
Sold Out
Floors
3
Type
Residential
Zone Avg Rate
₹19,013/sq.ft · 214 projects
Developer
Mahalaxmi Developers
Location
New Panvel, Near Matheran Bhima

A first look at Mahalaxmi Nagar

Mahalaxmi Nagar is a ready residential building in New Panvel, Mumbai. The building has 3 floors. It has 1, 2 & 3 BHK flats with carpet areas of 397–596 sq ft. The indicative rate is about ₹4,300 per sq ft.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Source stage: Sold Out · mapped resale: 0 · mapped rental: 0 · primary status: recorded

Approximate pricing — area & bedrooms

TypeCarpet AreaIndicative PriceApprox. ₹/sqft
1 BHK397 sq.ft.— —
2 BHK447 sq.ft.— —
3 BHK596 sq.ft.— —
⚠️ Disclaimer: All prices listed above are approximate and indicative only, sourced from publicly available information. Final pricing is determined and communicated exclusively by the Developer at their registered office. Mumbai Property Exchange makes no warranty regarding accuracy and accepts no liability — no queries on pricing shall be entertained.

Building overview

Location

Mahalaxmi Nagar stands in New Panvel, Mumbai.

Building facts

Mahalaxmi Nagar is a residential building by Mahalaxmi Developers with 3 floors, sold out.

Configurations and prices

The price list covers 1 BHK of 397 sq ft; 2 BHK of 447 sq ft; 3 BHK of 596 sq ft (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Mahalaxmi Developers has 3 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Mahalaxmi City, Mahalaxmi Aangan.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 15 requirements for New Panvel with Mumbai Property Exchange, 1 of them to buy and 6 specifically for 1, 2 & 3 BHK homes.

Location
New Panvel
Sub-Location
Near Matheran Bhima
Status
Sold Out
Rate
₹4,300/sqft
Type
Residential
Floors
3

How prices stack up in New Panvel

From MPE live listings · your own data
Rent
₹110.0/sq.ft/mo
2 BHK ~₹70,000/mo

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp

Building description

Building details

Building remarks

Building ratings

3.0
★ ★ ★ ☆ ☆
Building
7.5
★ ★ ★ ★ ★
Location
7.5
★ ★ ★ ★ ★
Amenities
7.5
★ ★ ★ ★ ★
Legal
7.5
★ ★ ★ ★ ★
Value for Money

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🧭 Building Compass

How far is Mahalaxmi Nagar from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

—
Monthly EMI
—
Loan Amount
—
Total Interest

🔄 Rent vs Buy

Should you rent or buy in New Panvel? Compare monthly costs.

—
Monthly Rent Cost
—
Monthly Buy Cost (EMI)

Upcoming projects & infrastructure in New Panvel

270 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030.

270
MahaRERA projects handing over in the next 5 years
in New Panvel
New projects in New Panvel by possession year
11
2026
73
2027
59
2028
77
2029
50
2030

Supply is not evenly spread — one year carries about a third of it.

In the full New Panvel report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

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

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Mahalaxmi Nagar located?

Mahalaxmi Nagar is in New Panvel, Mumbai.

Are flats available in Mahalaxmi Nagar right now?

No flats are listed in Mahalaxmi Nagar on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

What configurations does Mahalaxmi Nagar have?

Mahalaxmi Nagar has 1, 2 & 3 BHK flats with carpet areas of 397–596 sq ft.

Who is the developer of Mahalaxmi Nagar?

Mahalaxmi Developers, with 3 projects tracked on Mumbai Property Exchange.

What configurations are available at Mahalaxmi Nagar ?

Mahalaxmi Nagar offers 1 BHK, 2 BHK, 3 BHK configurations.

What is the price per sq.ft. at Mahalaxmi Nagar ?

The last known price per sq.ft. at Mahalaxmi Nagar was ₹4300 (historical; project is sold out/delivered).

Who is the developer of Mahalaxmi Nagar ?

Mahalaxmi Nagar is developed by Mahalaxmi Developers.

How many new projects are coming up in New Panvel?

270 MahaRERA-registered projects in New Panvel are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

Where is Mahalaxmi Nagar located?

Mahalaxmi Nagar is located in New Panvel, Mumbai.

📊 Property Rates in New Panvel

₹4,300/sqft
This Project Rate
⏳ Loading market data...

🏘️ Properties in New Panvel

⏳ Loading properties in New Panvel...
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 2026-03-06). 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.

Latest Mumbai Property News

View all news →
CallWhatsApp
👋 Looking for the right project? Let me help you find it!
🏗️
MPE Project Advisor
● Online now