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Resale and rental stock live in this buildingMahaRERA P51900016482

Mahalaxmi · Mumbai

Piramal Mahalaxmi Central Tower

Mahalaxmi · by Piramal Realty (Glider Buildcon Realtors)

Updated Sep 2026

183
Units
2026
Possession
1
Buildings
Certificate Signed
Status

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.

Availability & Pricing

TypeCarpetPriceAvail
3 BHK1450 ft²₹11.9 Cr—

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 WhatsApp

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.

About Piramal Mahalaxmi Central Tower

Location

Piramal Mahalaxmi Central Tower is located in Mahalaxmi, Mumbai 400011, in the Mumbai City district. Across 52 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹60,357 per sq ft, and a 2 BHK typically rents for about ₹1.85 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, 36% above 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jun 2026.

Developer track record

Piramal Realty has 23 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 16 requirements for Mahalaxmi with Mumbai Property Exchange, 3 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.

Price vs Locality

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

Upcoming projects & infrastructure in Byculla

take an informed decision

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

13
MahaRERA projects handing over in the next 5 years
in Byculla
₹48,700/sqft▼
typical asking price
easing this quarter
New projects in Byculla by possession year
0
2027
4
2028
4
2029
4
2030
1
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
📜 1,195 registered transactions (IGR) on record in Byculla, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Byculla 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.

Mahalaxmi — resale, rent & yield

Resale
₹60,357/sqft
median · 52 listings
Rent
₹221.2/sqft/mo
2 BHK ~₹185,000/mo
Gross yield
4.4%/yr
rent vs resale value

This project is quoted around ₹82,069/sqft — 36% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3 BHK1,044–1,324 ft²₹8.57 Cr–₹10.87 Cr
4 BHK1,744–2,680 ft²₹14.31 Cr–₹21.99 Cr
5 BHK Amp Amp3,520–7,104 ft²₹28.89 Cr–₹58.3 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Jun 2026
Project status
New
MahaRERA No.
P51900016482
Data last updated
Sep 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 ›

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%

Amenities

20
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumJogging TrackYoga Room
+12 more ▾
SpaSports CourtCCTV24x7 SecurityVideo Door PhoneIntercomModern ElevatorsPower BackupWater HarvestingParkingConcealed WiringConcealed Plumbing

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

Mahalaxmi market context

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

Resale Flats for Sale in Mahalaxmi

4

Flats for Rent in Mahalaxmi

4

Commercial for Sale in Mahalaxmi

2

Commercial for Lease in Mahalaxmi

2

Compare Central Tower - Tower 2 with similarly priced projects nearby

MahaRERA projects nearby in Mahalaxmi

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 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. Prices are indicative and subject to reconfirmation with the developer.

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 4 buildings, up to 62 floors.

Who is the developer of Piramal Mahalaxmi Central Tower?

Piramal Realty (Glider Buildcon Realtors) — 23 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Byculla?

13 MahaRERA-registered projects in Byculla 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.

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 2026-09-25). 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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