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Top 18 New Residential Projects in Mahalaxmi East, Mumbai

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About Mahalaxmi East, Mumbai

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.

Why Should You Invest in Mahalaxmi East?

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.

Price Trend of Mahalaxmi East

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.

Top 5 Reasons to Invest in Mahalaxmi East

1: Excellent Connectivity

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:

  • Lower Parel Railway Station
  • Worli Village
  • Wadi Bunder C.S.T. Station
  • Sant Gadge Maharaj Chok Railway Station
  • Chinchpokli Railway Station
  • Eastern Express Highway
  • NM Joshi Marg
  • Bandra Worli Sea Link

2: Enriched With Amenities

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

3: Top Projects With Top Developers

  • Lodha Bellissimo by Lodha Group
  • Lodha Solitaire by Lodha Group
  • Planet Godrej by Godrej Properties
  • Piramal Mahalaxmi EastCentral Tower 2 by Piramal Group
  • Piramal Mahalaxmi EastNorth Tower by Piramal Group
  • Lodha Mahalkshmi Bellevue by Lodha Group
  • Prestige Jasdan Classic by Prestige Group
  • DB Orchid Heights by DB Realty Developers
  • DB Orchid Turf View by DB Realty Developers
  • Mahindra Lifespaces Belvedere Court by Mahindra Lifespaces Developers

4: Developmental Projects

In Mahalaxmi, many road expansion projects are now in progress, which will increase road connections. A few of them are:

  • Mumbai Metro Aqua Line: It is also known as Mumbai Metro Line 3 and is set to spread its route from Cuffe Parade to Aarey Colony. This 33.5 km underground route will also have Mahalaxmi Eastas one of its stations.
  • ROBs and Expansion of Coastline: The BMC (Brihanmumbai Municipal Corporation) will be building two ROBs (Road Over Bridge). The expansion of Bandra Worli Sea Link, which will connect Nariman Point, is a 10.58 km long coastal road. A 3.4 km long twin tunnel also connects Malabar Hill and Girgaum Chowpatty. It also has a 7.7 km long walkaway promenade that will cross from Priyadarshini Park to Haji Ali to Worli.
  • Eastern Coast Development: A 10 km long remodelling is being done along the Eastern coastline. The government is doing this makeover considering the waterfront homes are located on this Mumbai Port Trust area along the Eastern Shoreline.
  • Pedestrian Bridge: The Pedestrian Bridge with Travelator situated at South Mumbai's Jacob Circle-Mahalaxmi Eastwill help in connecting commuters to the railway station, metro rail, monorail etc. This will be a 700 m-long footwall, and the project is handled by MMRDA(Mumbai Metropolitan Region Development Authority).

5: Nearby to Commercial Hub

Mahalaxmi East is in proximity to several important commercial hubs and business districts.

  • Several business complexes, such as Lodha Excelus, Peninsula Corporate Park, Peninsula Business Park, India Bulls Finance Centre, and Lodha Supremus, are located pretty close to Mahalaxmi East.
  • Prominent buildings such as the Bombay Stock Exchange, World Trade Centre, Mantralaya Maker Chambers, and New Administrative Building Nariman Point are located within the 5-10 kilometres range.
  • The famous Business districts such as Infinity IT Park and Kensington SEZ Bandra Kurla Complex are just 15-30 kilometres away through the Western line and Bandra Worli Sea Link.

FAQs

What is the PIN code of Mahalaxmi East?

The PIN code of Mahalaxmi East is 400011, and it is located in Mumbai, Maharashtra.

What is Mahalaxmi East famous for?

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.

Is Mahalaxmi East an excellent place to live?

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.

What is the Cost of living in Mahalaxmi East?

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.

What are the current development projects in Mahalaxmi East?

Some of the top current development projects in Mahalaxmi East are mentioned in the table below:

What is the future of Mahalaxmi East?

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.

What are the top schools in Mahalaxmi East?

  • St. Paul Convent High School
  • St. Xaviers High School
  • Aditya Birla Academy
  • BK Birla Centre for Education
  • DY Patil International School
  • St. Peters School
  • St. Columba School

What are the best hospitals in Mahalaxmi East?

  • NH SRCC Children's Hospital
  • Anand Niketan
  • Ayush Polyclinic & Diagnostic Centre
  • King George V Memorial Charitable Organization
  • Mahalaxmi EastWestern Railway Health Unit
  • Apollo Spectra Hospitals

What are the top restaurants in Mahalaxmi East?

  • Gallops Restaurant
  • Keibaa x All Saints
  • Free India Restaurant
  • Masque
  • Angrezi Dhaba
  • Shobha Refreshment
  • Vedant Pure Veg
  • Hotel Shiv Prasad

What are the nearest petrol Stations in Mahalaxmi East?

  • HP Petrol Pump- Bombay Tax Association
  • Hindustan Petroleum
  • Petrol Station
  • Bharat Petroleum, Petrol Pump-Kausar Auto Service
  • Adarsh Service Station
  • Bharat Petroleum Corporation Ltd.
  • Shri Krishna Automobiles Private Limited

What are the best gyms in Mahalaxmi East?

  • Mahalaxmi EastClub
  • Iron Universal Gym
  • Striders Fitness & Marathon Training Mahalaxmi EastRacecourse
  • Zest Fitness
  • Tarun Fitness Club 24/7
  • Maharashtra Fitness Club
  • Fitness 365D Gym

What are the top shopping malls in Mahalaxmi East?

  • High Street Phoneix
  • Cubic Mall
  • K Star Mall
  • Jio World Drive
  • Palladium Mall
  • Grand Galleria Mall
  • Heera Panna Shopping Centre
  • Star Mall
  • Atria The Millenium Mall

What are the best hotels in Mahalaxmi East?

  • The Fern Residency
  • The St. Regis Mumbai
  • Four Seasons Hotel Mumbai
  • Comfort Inn Heritage
  • Treebo Trend Anam International
  • Claridge Hotel
  • Mint Manga Suites
  • YMCA International House

What are the best parks in Mahalaxmi East?

  • Jijamata Udyan
  • Britannia Garden
  • BMC Garden
  • Sant Gadge Maharaj Udyan
  • BrahMumbai Mahanagar Udyan
  • Shahid Nete Bhai Sangare Kridangan
  • Children's Park

What are the top attractions in Mahalaxmi East?

  • Mahalaxmi EastTemple
  • Mahalaxmi EastRacecourse
  • Haji Ali Mosque
  • Heera Panna Shopping Centre
  • Nehru Science Centre
  • Nehru Planetarium
  • The National Sports Club Of India

How many 1 BHKs are available in Mahalaxmi East?

1 1 BHKs available in Mahalaxmi East, including furnished and unfurnished.

How much does a 1 BHK cost in Mahalaxmi East?

1 BHK in Mahalaxmi East costs in the range of ₹75 Lac - ₹1.23 Cr.

What is the average size of a 1 BHK in Mahalaxmi East?

The average size of 1 BHK in Mahalaxmi East is 450 sq. ft. - 650 sq. ft..

What is the rent of a 1 BHK in Mahalaxmi East?

The rent of 1 BHK in Mahalaxmi East lies in the range of ₹22 K - ₹55 K.

How many 2 BHKs are available in Mahalaxmi East?

1 2 BHK flats are available in Mahalaxmi East.

How much does a 2 BHK cost in Mahalaxmi East?

2 BHK in Mahalaxmi East costs in the range of ₹1.8 Cr - ₹3.78 Cr.

What is the average size of a 2 BHK in Mahalaxmi East?

The average size of 2 BHK in Mahalaxmi East is 700 sq. ft. - 900 sq. ft..

What is the rent of a 2 BHK in Mahalaxmi East?

The rent of 2 BHK in Mahalaxmi East lies in the range of ₹65 K - ₹2 Lac.

How many 3 BHKs are available in Mahalaxmi East?

2 3 BHK flats are available in Mahalaxmi East.

How much does a 3 BHK cost in Mahalaxmi East?

3 BHK flats in Mahalaxmi East cost in the range of ₹4 Cr - ₹7 Cr.

What is the average size of a 3 BHK in Mahalaxmi East?

The average size of a 3 BHK in Mahalaxmi East is 950 sq. ft. - 1350 sq. ft..

What is the rent of a 3 BHK in Mahalaxmi East?

The rent of 3 BHK in Mahalaxmi East lies in the range of ₹2.2 Lac - ₹3.9 Lac.

How many 4 BHKs are available in Mahalaxmi East?

1 4 BHK flats are available in Mahalaxmi East.

How much does a 4 BHK cost in Mahalaxmi East?

4 BHK flats in Mahalaxmi East cost in the range of ₹8 Cr - ₹11 Cr.

What is the average size of a 4 BHK in Mahalaxmi East?

The average size of a 4 BHK in Mahalaxmi East is 1375 sq. ft. - 1860 sq. ft..

What is the rent of a 4 BHK in Mahalaxmi East?

The rent of 4 BHK in Mahalaxmi East lies in the range of ₹3.5 Lac - ₹6 Lac.

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