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Mahalaxmi East is an affluent neighbourhood in South Mumbai, well known for its luxurious aura. This area is located near the Western line of Mumbai Suburban Railways and adjacent to Lower Parel and Worli.
It is famous for its prominent commercial spaces, gigantic buildings and posh localities. It is a commercial and corporate hub and thus boasts excellent connectivity. The high-end malls like Atria Mall, High Street Phoenix, and Palladium Mall are one of the main sources of leisure.
It is connected to the western suburbs through the Bandra-Worli Sea Link and Navi Mumbai, and Thane is also connected to this area through the Eastern Express Highway. Mahalaxmi is connected to the rest of the city by Worli Village, Wadi Bunder CST Station, Sant Gadge Maharaj Chok Railway Station, and Chinchpokli Railway Station.
The area is undergoing a major developmental stage as many ongoing commercial and government projects.
When it comes to government projects, connectivity projects like Metro Line 3, also known as Aqua Line 3, is one of the most awaited projects of the government, which is set to improve connectivity. The eastern coast development project and other coveted residential projects such as Piramal Mahalakshmi, Raheja Vivarea, Planet Godrej, Lokhandwala Minerva, and Lodha Bellissimo are set to make Mahalaxmi East one of the premium localities of Mumbai.
Below is the statistical data to analyse the price trends in Mahalaxmi East, Mumbai:
Year (April-June) | Price/sq. ft. |
---|---|
2019 | Rs. 50,800 |
2020 | Rs. 47,050 |
2021 | Rs. 53,650 |
2022 | Rs. 55,000 |
2023 | Rs. 53,000 |
Disclaimer: All the above-mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.
Mahalaxmi East is connected to the rest of the city via several routes. The well-connected roads, railway stations and highways provide easy access to the rest of the city. A few of them are:
Renowned schools, colleges, hospitals, recreational places, malls, restaurants and many more surround Mahalaxmi East. Some of these social infrastructures are:
Educational Centers | Hospitals | Shopping Centres |
---|---|---|
St.Columba School | Sewree Nursing Home | Palladium Mall |
Aditya Birla World Academy | Jaslok Hospital and Research Centre | Cubic Mall |
St.Peter's School | Saifee Hospital | Star Mall |
BK Birla Centre for Education | Sai Hospital | Grand Galleria Mall |
In Mahalaxmi, many road expansion projects are now in progress, which will increase road connections. A few of them are:
Mahalaxmi East is in proximity to several important commercial hubs and business districts.
The PIN code of Mahalaxmi East is 400011, and it is located in Mumbai, Maharashtra.
The Mahalaxmi East is famous for its commercial establishments and proximity to the sea. The Mahalaxmi Easttemple, dedicated to the goddess Mahalakshmi, is a prominent attraction in the area. Nearby, the Mahalaxmi EastRace Course provides entertainment. Tourists are also drawn to the renowned Nehru Planetarium. Other notable spots include the Nehru Science Centre, the National Sports Club of India, local art galleries, and upscale malls, which contribute to the area's fame.
Mahalaxmi East, a part of the Konkan division, is an affluent place to live and surrounded by posh localities like Lower Parel, Parel, Prabhadevi and Worli. The place is adjacent to the Arabian Sea and has several residential and commercial complexes. Many upscale societies, corporate quarters, shopping centres, and hospitals make it a bustling area. There are several historical monuments here preserving the ancient heritage. It makes the place a religious and tourist attraction.
For 1 BHK, the rent in Mahalaxmi East is approximately ₹22 K - ₹55 K, for 2 BHK, it's ₹65 K - ₹2.2 Lac, and for 3 BHK, it's ₹2.2 Lac - ₹3.9 Lac.
Some of the top current development projects in Mahalaxmi East are mentioned in the table below:
Mahalaxmi East is undergoing a major developmental phase. Several projects include Aqua Line 3, Pedestrian Bridge, ROB and Expansion of Coastline, and Eastern Coast development.
In the last five years, the property rates in Mahalaxmi East have increased by 19.2 %. Several top commercial projects are set to boost the market, such as Piramal Mahalakshmi, Sea Vista, Orchid Views, Orchid Heights, etc.
1 1 BHKs available in Mahalaxmi East, including furnished and unfurnished.
1 BHK in Mahalaxmi East costs in the range of ₹75 Lac - ₹1.23 Cr.
The average size of 1 BHK in Mahalaxmi East is 450 sq. ft. - 650 sq. ft..
The rent of 1 BHK in Mahalaxmi East lies in the range of ₹22 K - ₹55 K.
1 2 BHK flats are available in Mahalaxmi East.
2 BHK in Mahalaxmi East costs in the range of ₹1.8 Cr - ₹3.78 Cr.
The average size of 2 BHK in Mahalaxmi East is 700 sq. ft. - 900 sq. ft..
The rent of 2 BHK in Mahalaxmi East lies in the range of ₹65 K - ₹2 Lac.
2 3 BHK flats are available in Mahalaxmi East.
3 BHK flats in Mahalaxmi East cost in the range of ₹4 Cr - ₹7 Cr.
The average size of a 3 BHK in Mahalaxmi East is 950 sq. ft. - 1350 sq. ft..
The rent of 3 BHK in Mahalaxmi East lies in the range of ₹2.2 Lac - ₹3.9 Lac.
1 4 BHK flats are available in Mahalaxmi East.
4 BHK flats in Mahalaxmi East cost in the range of ₹8 Cr - ₹11 Cr.
The average size of a 4 BHK in Mahalaxmi East is 1375 sq. ft. - 1860 sq. ft..
The rent of 4 BHK in Mahalaxmi East lies in the range of ₹3.5 Lac - ₹6 Lac.
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