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Flats Under 5 Crore for sale in Mahalaxmi, Mumbai
100% Verified Real Estate Properties Mumbai. Find New Real Estate Projects & Best Selling Properties in Mahalaxmi, Mumbai. 3 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
Runwal Mahalaxmi
By Runwal Group
Mahalaxmi, Mumbai4.07 Cr - 6.58 Cr
2,3 BHK784 to 1266 SqFtUnder ConstructionLivability 7/10Investment7/10View Details
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Exclusive Pay Plan | Largest Clubhouse In SoBo | Atal Setu Views
Lodha Bellevue
By Lodha Group
Mahalaxmi, Mumbai3.96 Cr - 8.99 Cr
3,3.5,4,4.5,5 BHKArea on RequestUnder ConstructionLivability 10/10Investment10/10View Details
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1st 27 Buyers Save Rs 24 Lacs* | Avail 25:75 Payment Plan*
By Prestige Group
Mahalaxmi, Mumbai3.95 Cr - 12.49 Cr
2,3,4 BHK883 to 2307 SqFtUnder ConstructionLivability 10/10Investment10/10View Details
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Hurry up! Get Exclusive 5:95 Payment Plan*
About Properties in Mahalaxmi, Mumbai for Sale
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- Mahalaxmi is a well-known upscale locality in South Mumbai.
- This locality is adjacent to the pristine Arabian Sea, offering scenic beauty.
- Mahalaxmi is home to some of the most pricey residential properties in Mumbai.
- It houses several iconic landmarks like Mahalaxmi Temple & Mahalaxmi Racecourse.
- Its strategic location enables excellent connectivity, benefitting the residents.
- There is serene greenary & open spaces here, a rare find in busy locality.
- The Pin Code of Mahalaxmi is 400011.
- Mahalaxmi offers some of the elite apartments & premium social infrastructure.
- The average price for properties in Mahalaxmi is ₹ 58,000 per sq. ft.
- 2 BHK and 3 BHK flats dominate the housing market in Mahalaxmi.
- The price for 2 BHK flat in Mahalaxmi is between ₹ 3.60 crore - ₹ 5.12 crore.
- The price range for 3 BHK flat in Mahalaxmi is between ₹ 5.80 crore - ₹ 9.5 crore.
- The price for 4 BHK flat in Mahalaxmi can be between ₹ 9.50 crore - ₹ 15.20 crore.
- 5 BHK flat in Mahalaxmi can cost around ₹ 12 crore - ₹ 40 crore.
- The proximity to various commercial landmarks & ease of commuting makes Mahalaxmi one of the best rental localities.
- The average monthly rental value for property in Mahalaxmi is ₹ 42,000 - ₹ 5,60,000.
- Mahalaxmi is an address for the ultra-luxury segment and, hence, comprises high-value properties only.
- Mahalaxmi Railway Station on the Western Line offers excellent transit; it connects the locality with other parts of Mumbai.
- Chinchpokali Railway Station on the Central Line is another nearest railway station.
- Lower Parel Railway Station on Mumbai Monorail Line 1 is barely 5 km away.
- Bandra - Worli Sea Link Road is within 5 km & offers direct access to western suburbs.
- Eastern Express Highway seamlessly connects the locality to Thane & Navi Mumbai.
- Other major roads, such as Tardeo Road, NM Joshi Marg, Senapati Bapat Marg, Mumbai Coastal Road, etc., enhance the connectivity of Mahalaxmi.
- Public Transportation like Buses, Taxis, and Cabs are available frequently.
- Chhatrapati Shivaji Maharaj International Airport is 15 km drive away.
- Reputed Hospitals in proximity with Mahalaxmi includes Wockhardt Hospital, Jaslok Hospital, Breach Candy Hospital, & Sir H. N. Reliance Foundation Hospital.
- Prominent Educational institutes such as Lala Lajpat Rai College, St. Ignatius High School, Watumull Institute, & Sasmira’s Institute of Management are in the vicinity.
- Popular Malls such as High Street Phoenix Mall, Palladium Mall, Atria Mall, etc., serve the versatile shopping needs of the residents here.
- The famous Sardar Vallabhbhai Patel Stadium is within walking distance from this locality.
- Mahalaxmi has a good infrastructure of roads easing the traveling for the locals.
- The impressive social infrastructure of Mahalaxmi & the presence of several tourist attractions are some of the major reasons for attracting investors in this locality.
- Major Commercial Hubs such as Indiabulls Finance Center, Lodha Excelus, Peninsula Corporate Park, & Lodha Supremus are within proximity.
- Employment centers such as the Bombay Stock Exchange, Makers Chambers, New Administrative Building Nariman Point, & Mantralaya are 5-10 km away.
- Offices at Dalal Street are only 8 km away from this locality.
- Other Business Centers like Andheri MIDC, Nirlon Knowledge Park, Mindspace Malad, NESCO IT Park, Infinity Park, & Kensington SEZ are around 15-30 km away.
- Excellent connectivity of Mahalaxmi via Railway, Mono, & Road to all the major areas of Mumbai boosts the employment opportunities for the residents here.
- With modern convenience & serene living, Mahalaxmi offers a luxurious lifestyle.
- Many Recreational Facilities, such as Willingdon Sports Club, SMAAASH, National Sports Club of India (NSCI), & Dignity Foundation, etc., allow residents to enjoy some refreshing and quality time.
- The famous Mahalaxmi Race Course is just 10 minutes away.
- Other major Tourist Attractions such as Marine Drive, Gateway of India, Worli Sea Face, & Chhatrapati Shivaji Maharaj Vastu Sangrahalaya are all within 10 km.
- There are several green spaces, gardens, and parks in the locality, boosting peaceful surroundings for the residents here.
- Mahalaxmi is one of the well-developed, luxurious, & safest localities of South Mumbai.
- Majority of the areas & public spaces are covered under CCTV surveillance.
- There are necessary protocols followed in the elite societies of Mahalaxmi to avoid any security problems.
- Police Patrolling is carried out 24x7, ensuring the safety of the residents.
- A dedicated Metro Station at Mahalaxmi is planned with the Aqua Metro Line extension.
- Mahalaxmi Race Course Revamp will be offering Central Public Park to the locals here.
- The upcoming Bandra - SEEPZ Metro of Colaba is set to boost connectivity of Mahalaxmi to various parts of Mumbai.
- There are many religious places in Mahalaxmi including the famous Mahalaxmi Temple and Haji Ali Dargah.
- Other religious places nearby include Siddhivinayak Temple, Swami Narayan Mandir, Sadhubella Temple, Shree Rani Sati Mandir, Mahadev Temple, etc.
- There are several cultural centers in the proximity of Mahalaxmi that preserve & promote traditions and cultures through various programs, social gatherings, musical events, and festival celebrations.
- Mahalaxmi has a pleasant environment with beautiful greenery in the surroundings.
- There are several Gardens & Parks in the vicinity, like Mumbai Central Public Park, Sant Gadge Maharaj Udyan, Nirmal Park, Baby Garden, etc., where residents can unwind, spend peaceful time, or just enjoy a relaxing stroll.
- The air quality in Mahalaxmi is moderate, considering the developments of both residential and commercial spaces in the locality.
- Mahalaxmi offers flat configurations of 2 BHK, 3 BHK, 4 BHK, & 5 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in this locality.
- The majority of the homebuyers prefer properties costing over a crore, accompanied with modern amenities.
- Mahalaxmi has witnessed a price appreciation of 12.9% in the last 3 years.
- With the constant demand for housing properties in the locality and improvement in the infrastructure, the property values in Mahalaxmi have increased consistently.
- With the influx of working professionals and improved connectivity of the locality, the rental values for the properties in Mahalaxmi will also get higher.
