Piramal Mahalaxmi
Piramal Realty · South Mumbai · Racecourse Views
Piramal Mahalaxmi
Mahalaxmi · South Mumbai · 6.84 Acres · 1,055 Ultra Luxury Residences

REPRESENTATIVE IMAGE FROM PIRAMAL REALTY DEVELOPMENTS

Piramal Mahalaxmi
Piramal Realty · South Mumbai · Racecourse Views
Arabian Sea & Racecourse Views
2 BHK from Rs 5.46 Cr · 3 BHK from Rs 8.80 Cr · 4 BHK from Rs 14 Cr · Rs 73,750 PSF

REPRESENTATIVE IMAGE FROM PIRAMAL REALTY DEVELOPMENTS

Piramal Mahalaxmi
Piramal Realty · South Mumbai · Racecourse Views
South Mumbai · Ultra Luxury
MahaRERA P51900015854 · Partially Ready · NRI Advisory via IA Wealth Dubai

REPRESENTATIVE IMAGE FROM PIRAMAL REALTY DEVELOPMENTS

MahaRERA P51900015854 · P51900016482 · P51900021057 maharera.maharashtra.gov.in ↗
6.84 Acres1,055 Residences
2 BHKfrom Rs 5.46 Cr
4 BHKfrom Rs 14 Cr
Rs 73,750PSF Q1 2026
Sea & RacecourseViews South Mumbai
About the Project

Piramal Mahalaxmi

Piramal Mahalaxmi is Piramal Realty's flagship development at Mahalaxmi, South Mumbai — 6.84 acres, 1,055 ultra-luxury residences with spectacular Mahalaxmi Racecourse and Arabian Sea views. 2 BHK from Rs 5.46 Crore (740 sqft), 3 BHK from Rs 8.80 Crore, 4 BHK from Rs 14 Crore. PSF at Rs 73,650-73,750 (stable in Q1 2026). MahaRERA registered under P51900015854, P51900016482, and P51900021057. Partially ready — South Tower delivering.

Piramal Realty (Piramal Group) is among Mumbai's most respected premium real estate developers, known for their commitment to specification integrity. The Mahalaxmi location is South Mumbai's emerging luxury address — proximate to Worli (5 min), Nariman Point (15 min), Bandra (20 min via sea link), and offering PSF noticeably lower than Worli yet with comparable views and connectivity.

Rental income from Piramal Mahalaxmi: 3 BHK achieves Rs 2.2-3.15 Lakh per month based on current listing data. On a purchase of Rs 8.80 Crore, Rs 2.5 Lakh monthly = approximately 3.4% gross yield — exceptional for South Mumbai premium.

Piramal Mahalaxmi

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★ Authorised NRI Channel Partner — IA Wealth

Book Piramal Mahalaxmi from Dubai

IA Wealth Real Estate LLC is an authorised NRI channel partner. Direct developer pricing — end-to-end transaction from Dubai.

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Residences & Lifestyle

Piramal MahalaxmiPiramal MahalaxmiPiramal Mahalaxmi
Piramal MahalaxmiPiramal Mahalaxmi

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Buyer Questions

Frequently Asked Questions

Piramal Mahalaxmi is an ultra-luxury residential project at Mahalaxmi, South Mumbai, by Piramal Realty. 6.84 acres, 1,055 residences: 2 BHK from Rs 5.46 Cr (740 sqft), 3 BHK from Rs 8.80 Cr, 4 BHK from Rs 14 Cr. PSF: Rs 73,650-73,750. MahaRERA: P51900015854. Partially ready (South Tower delivering).
Upper floors of Piramal Mahalaxmi command views of the Mahalaxmi Racecourse (one of Mumbai's iconic heritage landmarks) and the Arabian Sea. The Mahalaxmi address places residents between the sea and the racecourse — a combination unavailable anywhere else in South Mumbai at this scale.
Yes. Three MahaRERA registrations: P51900015854, P51900016482, and P51900021057 — covering different towers. Verify at maharera.maharashtra.gov.in.
Yes. NRIs can freely purchase under FEMA. Piramal explicitly markets to NRI buyers from Dubai and the GCC. IA Wealth is an authorised Piramal Realty channel partner. WhatsApp +971 56 909 3693 for a private consultation.
Current rental rates: 3 BHK achieves Rs 2.2-3.15 Lakh per month. 2 BHK: Rs 1.65-2.16 Lakh per month. On a 3 BHK purchase of Rs 8.80 Crore, Rs 2.5 Lakh monthly rent = approximately 3.4% gross yield — strong for South Mumbai ultra-luxury.
Worli PSF: Rs 75,000-1,10,000. Mahalaxmi PSF (Piramal): Rs 73,750. For essentially the same South Mumbai address and views, Mahalaxmi offers a 15-30% PSF discount to Worli. As the Mahalaxmi corridor develops further (Lodha Bellevue also in the same corridor), the PSF gap vs Worli is expected to narrow — creating appreciation for current buyers.
Piramal Realty OfficialMahaRERA Verification
MahaRERAP51900015854 · P51900016482 · P51900021057
DeveloperPiramal Realty · Piramal Group (Ajay Piramal)
LocationSaat Rasta, Mahalaxmi, South Mumbai 400011 · Racecourse & Arabian Sea Views
Configuration2 BHK Rs 5.46 Cr · 3 BHK Rs 8.80 Cr · 4 BHK Rs 14 Cr · 1,055 units · 6.84 acres
PSFRs 73,650-73,750 (stable Q1 2026) · Partially Ready · South Tower Delivering
NRI AdvisoryIA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693
Disclaimer: All information, images and visuals shown are for representational/illustrative purposes only. Nothing herein constitutes a legal offer. Taxes and statutory charges extra. IA Wealth Real Estate LLC is an authorised NRI channel partner. RERA Reg. 52591 · OBK Business Centre, 20th Floor, 48 Burj Gate, Sheikh Zayed Road, Dubai · +971 56 909 3693 · iawealth.ae. © Piramal Realty. All Rights Reserved.
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