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Lodha Bellevue (Tower 1), MahalaxmiDeveloper image
Image supplied by Lodha Group. Our own site photos replace it after our visit.
The Real Launch Story · No. 075

Lodha Bellevue (Tower 1): ₹65,000 a sq ft launch against ₹73,717 resale in Mahalaxmi

The launch is priced 12% under resale in Mahalaxmi; 2,691 new homes are due there by 2031; 227 people asked us for a home there in 90 days.

MahaRERA checkedUnder Construction
Launch rate
₹65,000 /sq ft*
Resale in Mahalaxmi
₹73,717 /sq ft
Over resale
-12%
Possession
Sep 2028
Sandeep Sadh
Sandeep SadhFounder, Mumbai Property Exchange · 12 Nov 2026
Mahalaxmi in numbers · as of 12 Nov 2026

The market around Lodha Bellevue (Tower 1)

From Mumbai Property Exchange listings, buyer requests and MahaRERA filings for Mahalaxmi.

Price check

Launch against resale

Lodha Bellevue (Tower 1)₹65,000
Launches in Mahalaxmi₹71,782
Resale in Mahalaxmi₹73,717
Per sq ft of carpet. Launches: median of 12 live launches on our books. Resale: median asking rate of 471 flats listed in the last 120 days. *Indicative, may change 5–10%.
Supply

New homes due, by year

2,691 homes · 13 MahaRERA projects
1,158
745
335
218
235
20272028202920302031
Latest declared possession dates in MahaRERA filings for Mahalaxmi. Busiest year: 2027.
Demand

Who asked us for a home here

229in 90 days
81 want to buy
148 want to rent or other
104 want 3 BHK or larger
Requests for a home in Mahalaxmi in the last 90 days.
Rent

What a flat here earns

₹244 per sq ft carpet a month
Gross yield at resale price4.0%
Gross yield at launch price4.5%
Median asking rent of 341 listings in the last 12 months, before maintenance, property tax and vacancy. Bars on a 0–6% scale.
Price ladder

Where Lodha Bellevue (Tower 1) sits among Mahalaxmi launches

Godrej Avenue Eleven A₹1,00,000
Piramal Mahalaxmi North Tower ₹74,094
Lodha Bellevue (Tower 3)₹69,470
Lodha Bellevue (Tower 1)₹65,000
7 Mahalaxmi₹59,985
Mahindra BeaconHill₹51,000
Resale median₹73,717
Per sq ft of carpet. Indicative rates on Mumbai Property Exchange, may change 5–10%. Plus GST, stamp duty and registration.
Map tour

Where Lodha Bellevue (Tower 1) stands

Pin from the project's location on file. Satellite view; drag to look around.
Getting there

Transport within 3.5 km

Line 3 Aqua1.2 km
Line 11 Green1.5 km
Coastal Road (Phase 1)1.5 km
Worli-Sewri Connector2.4 km
Line 3 Aqua: Opened 2025 · Line 11 Green: Approved · Coastal Road (Phase 1): Opened 2024 · Worli-Sewri Connector: Under construction · due 2026. Straight-line distance from the project.
The story

What the numbers say about Lodha Bellevue (Tower 1)

Lodha Bellevue (Tower 1) is Lodha Group's project in Mahalaxmi, on our books at an indicative ₹65,000 a sq ft of carpet. Flats already standing in Mahalaxmi ask a median ₹73,717 a sq ft, across 471 resale listings with us in the last four months. A quarter earlier the median was ₹70,942.

So the launch is priced below resale in the suburb. That can reflect the micro-location, the size of the homes, or an early-launch price.

MahaRERA filings show 2,691 new homes due in Mahalaxmi by 2031. 2027 is the busiest year, with 1,158. In the last 90 days, 229 people asked us for a home here; 81 want to buy.

Project file
Developer
Lodha Group
Location
Jacob Circle, Behind Raheja Vivarea, Mahalaxmi, Mumbai 400011
Homes
3 BHK, 4 BHK
Stage
Under Construction
MahaRERA
P51900046567
Checked
12 Nov 2026
For media and investors

Talk to Sandeep

Journalists, investors and NRIs can reach Sandeep Sadh about this story. Data behind every chart on request.

+91 98200 67525
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From the developer

Lodha Bellevue (Tower 1), as the developer shows it

Images from Lodha Group. Our own photos and films replace them after our site visit.

How it works

What is The Real Launch Story

Sandeep Sadh's record of Mumbai's new launches. Each story sets the launch against resale in the suburb, counts the homes MahaRERA says are coming, shows who is asking and what homes rent for. Kept apart from listings and updated as the numbers move.

1
The numbers

Resale, rents, demand, the MahaRERA pipeline and transport.

2
Site visit

Our team walks the site, the sample flat and the street.

3
Photos and films

What we saw, dated, added to the story.

4
Sandeep's lines

His own take, shown only when he has written it.

5
Shared

On WhatsApp, Instagram, LinkedIn and with the press.

Before you pay a token

Check these six things

  • The MahaRERA registration of the exact phase and tower you buy in.
  • The carpet area on the cost sheet against the MahaRERA filing.
  • Whether the price is all-in or plus GST, stamp duty, registration and floor rise.
  • The possession date written in the agreement, not only the brochure.
  • How much is due before the agreement is registered.
  • Whether any offer has a written end date.

Figures as read on 12 Nov 2026. Our launch rates are indicative and may change 5–10%. Resale rates and rents are medians of asking figures on Mumbai Property Exchange, not registered transactions. Confirm every figure with the developer and on MahaRERA before deciding. This is not an advertisement by the developer.

‹›

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