Mahalakshmi, mumbai
south mumbai
Pincode- 400016
south mumbai
Pincode- 400016
Mahalakshmi is an affluent residential and commercial locality in South Mumbai. The PIN code of Mahalakshmi, Mumbai is 400034. It is situated near Jacob Circle, Worli, and Lower Parel, defined by the iconic Mahalaxmi Racecourse and Arabian Sea views. The neighbourhood vibe is posh and family-friendly, with landmarks such as Mahalaxmi Temple, Phoenix Palladium Mall, and Willingdon Sports Club. Residents have access to top-tier institutions, including Activity High School and Wockhardt Hospital. Connectivity is excellent via the Mahalaxmi Metro Station on Line 3. According to Nobroker’s data, property rates in Mahalakshmi, Mumbai, have increased by 6.6% over the last year.
Mahalakshmi, Mumbai gets smooth connectivity via Eastern Express Highway, along with the following ones:
Mahalaxmi Metro Station on Line 3 is the nearest metro station, about 3.8 km away. A few more options nearby are
Mahalaxmi Railway Station is the nearest located 2.6 km away. A few more options nearby are
Activity High School and Lala Lajpat Rai College of Commerce and Economics are the nearest educational institutions. A few more options nearby are
Wockhardt Hospital is the nearest hospital to the locality. A few more options nearby are
Shopping options around Mahalakshmi include Phoenix Palladium, along with other nearby malls, such as:
Some of the popular sub-localities near Mahalakshmi include Shiv Sagar Estate, Dr E Moses Road-worli and some others, such as:
Some of the major employment centres near Mahalakshmi include Indiabulls Finance Centre and the following prominent hubs:
The famous landmarks in Mahalakshmi include Nehru Science Centre and the following ones:
| Mahalakshmi | ||
| Overall Locality Rating | ||
| Road Condition | ||
| Proximity to Schools & Hospitals | ||
| Traffic Congestion | ||
| Property Price Range | ₹0 - ₹49,925 | |
| Growth in Property Prices (3 Yrs) | -3,155.43 / -7.11% | |
| Rent Price Range | N/A | |
| Growth in Rent Prices (3 Yrs) | N/A | |
| Total Properties Available | 15 properties available for sale and 2 properties available for rent |
Source: allevents.in
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According to Nobroker’s data, property rates in Mahalakshmi, Mumbai, have increased by 6.6% over the last year. This is mainly due to the 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. Currently, property rates in Mahalakshmi are between Rs. 54,000 to Rs. 63,000 per square foot, and the rental rates are between Rs. 60,000 to Rs. 6,00,000 per month.
As of April 2026, the rental cost in Mahalakshmi ranges from Rs. 60,000 to Rs. 6,00,000 monthly.
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Configuration |
Average Rental Rate* |
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1 BHK for rent |
Rs. 60,000 - Rs. 3,50,000 |
|
2 BHK for rent |
Rs. 90,000 - Rs. 4,50,000 |
|
3 BHK for rent |
Rs. 1,50,000 - Rs. 6,00,000 |
*Property rates are subject to change.
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Change: -
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price
15 Properties Available
2 Properties Available
120.00K
1,296.00 Sq.ft
160.00K
1,366.00 Sq.ft
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0000
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0000
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Packers & Movers
Painting
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Pay Rent
1 RK
SEMI FURNISHED
Worli Naka, near Lokhandwala Harmony Tower, Worli, mumbai
Rent: ₹ 30,000
1 RK
NOT FURNISHED
Bhim Nagar Near Harmony Building, Worli, mumbai
Rent: ₹ 25,000
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.
The Mahalakshmi locality is much famed for its namesake Temple, around which it was initially built.
While the race course doesn’t hold races every day, there is a schedule that people can follow to enjoy the races every week.
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.
Mahalakshmi is widely considered a good and safe area to live, particularly for those seeking a prime, peaceful location with excellent connectivity. The area has low crime rate, proximity to major hospitals and easy access to schools, colleges, and markets.
As of April 2026, the property rate in Mahalakshmi ranges from Rs. 54,000 to Rs. 63,000 per square foot.
The PIN Code for Mahalakshmi, Mumbai, is 400034.
Mahalaxmi Railway Station is the nearest located 2.6 km away.
Mahalakshmi has access to several public transport options. A few nearby options are Mahalaxmi Metro Station (3.8 km, Line 3), Sant Gadge Maharaj Chowk Monorail (3.3 km), Narayan Pujari Nagar Bus Stop, and Nehru Planetarium (Worli) Bus Stop.
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