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Mahalaxmi Nagar

Ready building ยท resale & lease in New Panvel

New Panvel, Near Matheran Bhima

Sold Out Residential

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh ยท Founder, Mumbai Property Exchange
MahaRERA A51800043517 ยท in Mumbai real estate since 1995

Quick facts

Price
โ‚น4,300/sq.ft
Status
Sold Out
Floors
3
Type
Residential
Zone Avg Rate
โ‚น19,054/sq.ft ยท 215 projects
Developer
Mahalaxmi Developers
Location
New Panvel, Near Matheran Bhima

At a glance

swipe โ†’
Who's looking
24 requests
People asked us for New Panvel in the last 90 days โ€” 6 to buy.

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 BHK flats with carpet areas of 397โ€“447 sq ft. The indicative rate is about โ‚น4,300 per sq ft.

Completed/historical project โ€” current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Approximate pricing โ€” area & bedrooms

TypeCarpet AreaIndicative PriceApprox. โ‚น/sqft
1 BHK397 sq.ft.โ€” —
2 BHK447 sq.ft.โ€” —
โš ๏ธ 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 โ€” 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 (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 24 requirements for New Panvel with Mumbai Property Exchange, 6 of them to buy and 8 specifically for 1 & 2 BHK homes.

Location
New Panvel
Sub-Location
Near Matheran Bhima
Status
Sold Out
Rate
โ‚น4,300/sqft
Type
Residential
Floors
3
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
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Building
7.5
โ˜… โ˜… โ˜… โ˜… โ˜…
Location
7.5
โ˜… โ˜… โ˜… โ˜… โ˜…
Amenities
7.5
โ˜… โ˜… โ˜… โ˜… โ˜…
Legal
7.5
โ˜… โ˜… โ˜… โ˜… โ˜…
Value for Money

Floor plans & site plans

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

๐Ÿงญ Building Compass

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

๐Ÿงฎ Financial Tools

๐Ÿ’ฐ EMI Calculator

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Monthly EMI
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๐Ÿ”„ Rent vs Buy

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

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Monthly Rent Cost
โ€”
Monthly Buy Cost (EMI)

Upcoming projects & infrastructure in New Panvel

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

244
MahaRERA projects handing over in the next 5 years
in New Panvel
โ‚น8,500/sqft
ready reckoner rate (government) ยท carpet
2025-26 ยท highest govt zone rate in the area, shown per sq ft carpet ยท stamp duty is charged on the higher of this and the deal value
New projects in New Panvel by possession year
14
2026
90
2027
50
2028
58
2029
32
2030

Supply is not evenly spread โ€” one year carries about a third of it.

Questions about New Panvel prices?

Ask on WhatsApp โ€” we answer right in the chat with live asking prices, listings and registered sales for New Panvel, 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.

Next steps โ€” 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 โ€” 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 BHK flats with carpet areas of 397โ€“447 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 configurations.

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

The last known price per sq.ft. at Mahalaxmi Nagar was โ‚น4300 (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?

244 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.

๐Ÿ“Š Property Rates in New Panvel

โ‚น4,300/sqft
This Project Rate
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๐Ÿ˜๏ธ Properties in New Panvel

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Sandeep Sadh, founder of Mumbai Property Exchange
Advice from Sandeep Sadh, founder of Mumbai Property Exchange โ€” in Mumbai real estate since 1995.
MahaRERA registered agent A51800043517 ยท independent advice on new projects, resale and leasing
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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 โ€” we verify and update.

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