Mahalaxmi · Mumbai
Piramal Mahalaxmi Central Tower
Mahalaxmi · by Piramal Realty (Glider Buildcon Realtors)
Registered project name
Central Tower - Tower 2Updated Oct 2026
MahalaxmiPhotos from the project record · tap to enlarge
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.
6 for sale · 6 for rent in this building right now, listed below.
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 WhatsAppUnit configurations filed with MahaRERA (3)
Property listings in Piramal Mahalaxmi Central Tower
Piramal Mahalaxmi Central Tower floor plans
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 432 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹72,600 per sq ft, and a 2 BHK typically rents for about ₹2 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, 13% 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 22 requirements for Mahalaxmi with Mumbai Property Exchange, 7 of them to buy and 6 specifically for 3 BHK homes.
Developer's description ▾
Mahalaxmi market
prices, rents & ratesPrice vs locality
Mahalaxmi — resale, rent & yield
This project is quoted around ₹82,069/sqft — 13% above resale here.
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 Piramal Mahalaxmi Central Tower is the Line 11 Green, 1.9 km away (approved).
- 🚇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
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
183 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 · 1450 sq ft at ₹11.90 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% (₹8.93 Cr here), released stage by stage, so your own money is about ₹2.98 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 ₹7.75 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
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Connectivity
Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale Flats for Sale in Mahalaxmi
4
Flats for Rent in Mahalaxmi
4Commercial for Sale in Mahalaxmi
1
Commercial for Lease in Mahalaxmi
1
Compare Central Tower - Tower 2 with similarly priced projects nearby
MahaRERA projects nearby in Mahalaxmi
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 6 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 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 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.
