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Mahalakshmi, mumbai

south mumbai

Pincode- 400016

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About Mahalakshmi

Mahalakshmi is an affluent locality in South Mumbai. It is located on the western line of the Mumbai Suburban Railway line. This popular and upscale locality mostly comprises multi-storey buildings, separate bungalows, individual villas, and quite a few prominent commercial establishments. The Mahalakshmi PIN Code is 400034. 

The history of the Mahalakshmi Mumbai area can be traced back to when the prominent Mahalakshmi Temple was being built here. The locality settled around the temple during the completion of the temple work. The Mahalakshmi map shows its proximity to the seaside, as well as its superb connection to the rest of the city, such as Lower Parel and Worli.

Mahalakshmi Reviews and Ratings

Whats good about Mahalakshmi

  • It is a developed residential area with proximity to the seaside.
  • Well-connected through railways, metro, buses, taxis, and autos.
  • A large number of reputed schools and colleges are available.
  • Good multi-speciality hospitals are a moment’s drive away.
  • Banks, malls, and religious sites are all close by.

What can be improved about Mahalakshmi

  • Traffic congestion can make it difficult to travel.
  • Waterlogging can happen on the lower floors during monsoons.
  • Some roads are in need of maintenance.
  • Parking space can be an issue.
  • Some back roads are poorly lit and can be a security hazard.
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Mahalakshmi Map

Localities near by Mahalakshmi

Haji Ali Worli Arya Nagar Agripada Jacob Circle

Nearby Locality Comparison

Haji Ali
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Worli
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Arya Nagar
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Agripada
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Jacob Circle
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Mahalakshmi
Overall Locality Rating
N/A
Road Condition
N/A
Proximity to Schools & Hospitals
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Traffic Congestion
N/A
Property Price Range ₹0 - ₹53,913
Growth in Property Prices (3 Yrs) +1,182.58 / +2.95%
Rent Price Range N/A
Growth in Rent Prices (3 Yrs) N/A
Total Properties Available 14 properties available for sale and 1 properties available for rent
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Situated In south mumbai

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Property Price trends in Mahalakshmi

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Real Estate Market Trends and the Rental Demand in Mahalakshmi

The real estate market in Mahalakshmi stays strong, with steady demand for both buying and renting. Buyers prefer the area for its central location, good residential options, and easy access to major business hubs. Rentals are popular among professionals and families who value the locality’s connectivity, nearby schools, hospitals, and lifestyle amenities.

The property rate in Mahalakshmi ranges from Rs. 54,000 to Rs. 63,000 per square foot for apartments.

Locality

Property Price per sq ft*

Mahalakshmi

Rs. 54,000 to Rs. 63,000

Note: The property rate is subject to change.

Why should one buy property in Mahalakshmi?

  • The location offers a blend of heritage and modern lifestyle with Mahalaxmi Racecourse and Mahalaxmi Temple. 
  • It has great connectivity via the Western Line of Mumbai Suburban Railway and road links.
  • There are upscale apartments, luxury residences and heritage-style homes. 
  • It is close to business districts, offices and central locations like Lower Parel and Worli.
Price/Sq.ft:

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Change: -

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Buy

14 Properties Available

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Rent

1 Properties Available

Recent Transactions

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10.91Cr

2,102.22 Sq.ft

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7.30Cr

2,372.23 Sq.ft

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4.09Cr

2,100.00 Sq.ft

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6.00Cr

2,520.91 Sq.ft

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7.67Cr

2,376.66 Sq.ft

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6.27Cr

1,603.07 Sq.ft

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3.80Cr

877.04 Sq.ft

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8.00Cr

1,332.00 Sq.ft

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3.81Cr

877.04 Sq.ft

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4.11Cr

876.07 Sq.ft

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120.00K

1,296.00 Sq.ft

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160.00K

1,366.00 Sq.ft

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Recommended Properties to BUY in Mahalakshmi

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4 BHK

NOT FURNISHED

location Created with Sketch Beta. Near Atria-The Millennium Mall, Mariamma Nagar, Worli, Mumbai.Near Atria-The Millennium Mall, Mariamma Nagar, Worli, Mumbai., Worli, mumbai

Price: ₹ 21.52cr

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3 BHK

NOT FURNISHED

location Created with Sketch Beta. Near Atria-The Millennium Mall, Mariamma Nagar, Worli, Mumbai., Worli, mumbai

Price: ₹ 15.57cr

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2 BHK

NOT FURNISHED

location Created with Sketch Beta. Near Nirmala Multispeciality Hospital, N.M. Joshi Marg, Mahalakshmi, Mumbai., Mahalaxmi, mumbai

Price: ₹ 3.82cr

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3 BHK

NOT FURNISHED

location Created with Sketch Beta. Near Nirmala Multispeciality Hospital, N.M. Joshi Marg, Mahalakshmi, Mumbai., Mahalaxmi, mumbai

Price: ₹ 5.94cr

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4+ BHK

NOT FURNISHED

location Created with Sketch Beta. Worli, Mumbai, Worli, mumbai

Price: ₹ 90cr

Mahalakshmi Discussion

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Frequently asked Questions

Is Mahalakshmi a good area to stay with kids?

The Mahalakshmi area has everything that growing children might need. From schools and colleges to plenty of entertainment options. It is also a pretty safe area for children.

What is Mahalakshmi famous for?

The Mahalakshmi locality is much famed for its namesake Temple, around which it was initially built.

Does the race course in Mahalakshmi offer horse races every day?

While the race course doesn’t hold races every day, there is a schedule that people can follow to enjoy the races every week.

DO the gated communities in Mahalakshmi face issues of power cuts?

No, frequent power cuts are a rarity in the area. In case of such power cuts, the backup generator of the gated societies kicks in to ensure an uninterrupted power supply.

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