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Authorized Channel AdvisoryPiramal Realty
Mahalaxmi, Mumbai

Piramal Mahalaxmi
Where Biophilia Meets the South Mumbai Skyline

A 4-acre landmark by Piramal Realty offering 2, 3, 4 & 4.5 BHK residences with unobstructed views of the 225-acre Mahalaxmi Racecourse and Arabian Sea. South & Central Towers delivered; North Tower nearing completion.

Land Parcel
~4 Acres
Master Plan
Towers & Elevation
3 Towers (South, Central, North) | 49–66 Storeys (G+48 to G+65)
High Architecture
Residences
~1,100 Residences
Curated Density
Open Space
85% Open & Green Spaces (Podium-level Elevated Park & Landscaped Lawns)
Landscape Greens
Clubhouse Scale
Multi-level Clubhouse hovering above podium; 36+ amenities across Podium, Clubhouse & Tower levels
Lifestyle Hub
Possession Timeline
South & Central Towers: Delivered (OC Received) | North Tower: June 2025 (Est.)
RERA Commitment
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Verified Quick Facts

Piramal Mahalaxmi
At a Glance

A structured summary of key specifications, verified against official HRERA filings and developer disclosures.

Developer Pedigree

Piramal Realty

Micro-Market

Mahalaxmi, Mumbai

Primary Arterial Road

Sane Guruji Marg (Jacob Circle)

Total Land Footprint

~4 Acres

Towers & Elevation

3 Towers (South, Central, North) | 49–66 Storeys (G+48 to G+65)

Residential Density

~1,100 Residences

Open Green Expanses

85% Open & Green Spaces (Podium-level Elevated Park & Landscaped Lawns)

Clubhouse Scale

Multi-level Clubhouse hovering above podium; 36+ amenities across Podium, Clubhouse & Tower levels

Construction Standard

RCC Frame Structure with Aluminium Formwork; Biophilic Architectural Design

Official Launch Date

Launched ~2018–2019 (Phased across towers)

Target Possession

South & Central Towers: Delivered (OC Received) | North Tower: June 2025 (Est.)

Official RERA Number

P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower)

Master Plan & Craftsmanship

Design Philosophy & Builder Pedigree

Explore the architectural vision, developer execution credentials, and handcrafted interior specifications across three comprehensive pillars.

01
Architectural Blueprint

Project Concept & Master Plan

Biophilic Architecture

Engineered for maximum daylight penetration, dual-aspect ventilation, and panoramic green sightlines.
Piramal Mahalaxmi is conceived on the principle of biophilia — architecture as a dialogue with the 225-acre Mahalaxmi Racecourse and the Arabian Sea. The three towers (South, Central, North) feature accentuated vertical lines that lend visual lightness to their 60+ storey stature. Every residence is oriented to capture panoramic vistas: the Racecourse greens, the harbour, the Willingdon Golf Course, and the iconic South Mumbai skyline. The masterplan centres on an expansive podium that hosts an imaginatively landscaped elevated park — a 'garden in the sky' — above which the clubhouse hovers as a distinct architectural crown. This podium-level public realm connects the towers while creating a serene, vehicle-free sanctuary for residents. The development spans approximately 4 acres in the heart of Mahalaxmi (Jacob Circle), a locality that blends heritage charm with new infrastructure like the Coastal Road. The project delivers a rare combination in South Mumbai: large-format carpet areas (740–1,880 sq ft), genuine sea/racecourse-facing views from every unit, and a resort-grade amenity suite usually found only in suburban townships. With South and Central Towers already handed over (Occupancy Certificates in place) and North Tower in advanced finishing, the project offers immediate possession inventory alongside upcoming units — a de-risked proposition for end-users and investors alike.
Low Density Planning Private Elevator Access Dual-Aspect Ventilation Continuous Running Decks
02
Institutional Governance

Developer Pedigree & Legacy

Piramal Realty

Publicly traded institutional trust, flawless regulatory adherence, and benchmark delivery milestones.
Piramal Realty is the real estate development arm of the Piramal Group, a diversified global conglomerate with a 40-year legacy across pharmaceuticals, financial services, and real estate, operating in 30+ countries. Since its inception in 2012, Piramal Realty has delivered 4,200+ homes across the Mumbai Metropolitan Region (MMR), establishing a reputation for design-led, engineering-driven luxury developments. Key delivered landmarks include Piramal Aranya (Byculla, overlooking Rani Baug), Piramal Revanta (Mulund, adjacent to Sanjay Gandhi National Park), and Piramal Vaikunth (Thane, integrated with an ISKCON temple). The group's financial strength — backed by global institutional partners — ensures project execution certainty. Piramal Mahalaxmi is the group's flagship South Mumbai address, embodying their 'Design, Quality, Transparency' ethos with MahaRERA compliance across all three towers.
Corporate Transparency Proven Delivery Track Record Strict RERA Compliance Top-Tier Capitalization
03
Finishing Standards

Interior & Finishes Specifications

Turnkey Luxury Execution

Imported Italian marble, multi-split VRV/VRF climate orchestration, and smart home automation.
Residences feature floor-to-ceiling French windows maximising natural light and ventilation. Flooring: Premium vitrified tiles / imported marble in living areas; anti-skid tiles in balconies & wet areas. Kitchen: Modular layout with granite/quartz countertop, stainless steel sink, CP fittings from premium brands, provision for chimney & hob. Bathrooms: Branded sanitary ware (Kohler/Grohe equivalent), wall-hung WCs, thermostatic mixer showers, designer tile dados to ceiling height. Climate Control: Provision for VRV/VRF air-conditioning in all bedrooms & living; pre-piped refrigerant lines. Home Automation: Smart home-ready wiring for lighting, AC & curtain control via app. Balconies: Deep decks (varies by unit) with toughened glass railings. Doors: Solid core flush doors with veneer finish; video door phone. Electrical: Modular switches (Schneider/Legrand), adequate power backup for AC & essential loads.
Italian Marble Flooring Concealed VRV Multi-Split AC European Modular Kitchens Smart Home Automation
Unit Configurations & Pricing Overview

Curated Configurations & Starting Prices

Choose from finely detailed floor plate dimensions engineered for natural ventilation and panoramic horizons.

2 BHKCarpet Area
740 – 770 sq ft
₹3.60 Cr* (Developer Site) | ₹5.46 Cr (Portal Avg.)(~₹74,000 – ₹78,000)
Layout Highlights

Open plan living-dining; master bedroom with en-suite; powder room; deep balcony/deck; servant quarter not standard in 2 BHK

3 BHKCarpet Area
1,060 – 1,450 sq ft (Multiple variants)
₹5.85 Cr* (Developer Site) | ₹8.56 Cr (Portal Avg.)(~₹81,000 – ₹85,000)
Layout Highlights

Master suite with walk-in closet & en-suite; 2 additional bedrooms (one with en-suite option); powder room; utility balcony; large living deck; servant quarter in select larger variants

4 BHKCarpet Area
1,765 – 1,880 sq ft
₹9.25 Cr* (Developer Site) | ₹14.03 Cr (Portal Max)(~₹85,000 – ₹92,000)
Layout Highlights

Expansive master wing with dual walk-in closets & luxury bath; 3 additional bedrooms (2 with en-suite); powder room; family lounge; servant quarter + toilet; wrap-around deck in corner units; private lift lobby access in select units

4.5 BHK (North Tower Penthouse Collection)Carpet Area
~1,850 – 2,000+ sq ft
Contact for Price(Contact for Price)
Layout Highlights

Penthouse-level volume; private terrace/sky deck; double-height living; dedicated service core; 4 bedrooms + study/den; premium finish upgrade package

Location & Connectivity

Strategic Placement & Commute Benchmarks

Mahalaxmi (Jacob Circle) sits at the confluence of South Mumbai's heritage precincts and the new-age connectivity corridors — the Coastal Road (Phase 1 operational) and the Eastern Freeway. This micro-market commands a premium for its irreplaceable geography: the 225-acre Racecourse green lung, Arabian Sea frontage, and proximity to Lower Parel's corporate hubs, Worli's cultural centres, and Nariman Point's finance district. Unlike denser neighbourhoods further south, Mahalaxmi offers wider roads, lower plot density, and large land parcels enabling township-scale developments. The Western Railway's Mahalaxmi station (850 m) and upcoming Metro Line 3 (Santacruz–SEEPZ corridor) enhance multi-modal access. Institutional demand from HNIs, CXOs, and expatriates sustains high rental yields (3–3.5% gross) and capital resilience even in correctionary cycles.

Key Commute Times to Prime Business Hubs

Chhatrapati Shivaji Maharaj International Airport (T2)
~14 km | 35–45 mins via Coastal Road / Western Express Highway
Bandra Kurla Complex (BKC)
~12.5 km | 30–40 mins via Eastern Freeway / BKC Connector
Nariman Point / Cuffe Parade
~7.9 km | 20–30 mins via Coastal Road / Marine Drive
Lower Parel Business District (One Lodha Place, Peninsula Corp Park)
~2.6 km | 8–12 mins via Sane Guruji Marg
Worli / Prabhadevi (Corporate Hubs)
~3.5 km | 10–15 mins via Annie Besant Road

Arterial Expressways & Road Links

  • Mumbai Coastal Road (Direct Access) – 0.5 km
  • Eastern Freeway (via Sane Guruji Marg) – 1.3 km
  • Lalbaug Flyover – 1.4 km
  • Bandra–Worli Sea Link (via Annie Besant Rd) – 6.6 km
  • Western Express Highway (via Bandra) – 10 km

Metro Stations & Rapid Transit

  • Mahalaxmi Railway Station (Western Line) – 850 m (10-min walk)
  • Metro Line 3 (Colaba–SEEPZ) – Mahalaxmi Station (Under Construction, ~1 km)
  • BEST Bus Depot (Mahalaxmi) – 600 m

Social Infrastructure & Catchment

Reputed Schools
  • Aditya Birla World Academy (IB/IGCSE) – 3.2 km
  • The Cathedral & John Connon School (ICSE/ISC) – 5.9 km
  • JBCN International School (IB) – ~4 km (<20 mins)
  • St. Xavier's College (Autonomous) – 3.5 km
Healthcare Centers
  • Wockhardt Hospital, Mumbai Central – 1.0 km
  • Jaslok Hospital & Research Centre – 3.0 km
  • Sir H.N. Reliance Foundation Hospital – 3.0 km
  • Breach Candy Hospital – 3.7 km
  • Narayana Health SRCC Children's Hospital – ~4 km (15 mins)
Retail & High-Street Hubs
  • Palladium Mall / High Street Phoenix (Lower Parel) – 3.0 km
  • Atria Mall (Worli) – 3.5 km
  • Mahalaxmi Racecourse (Members' Access for Residents) – 1.5 km
  • Willingdon Sports Club (Golf, Tennis, Pool) – 1.9 km
  • Royal Western India Turf Club – 1.4 km
Curated Amenities

Lifestyle Sanctuaries & Exclusive Club

Curated across wellness hydrotherapy, social entertaining lounges, and smart eco-sustainability.

Wellness & Athletics

  • Infinity-edged Swimming Pool with Pool Pavilion & Jacuzzi
  • Rooftop Observatory Deck (360° Panoramic Views)
  • Indoor Climbing Wall / Rock Climbing Facility
  • Half Basketball Court & Squash Court
  • Fully Equipped Fitness Centre (Cardio, Strength, Functional Zones)
  • Yoga Room & Meditation Garden (Podium Level)
  • Jogging & Cycling Tracks (Podium Loop)

Leisure & Social Club

  • Multi-level Clubhouse with Grand Lounge, Library/Co-working & Reading Room
  • Spa & Wellness Centre (Treatment Rooms, Steam, Sauna)
  • Games Room (Billiards, Table Tennis, Indoor Games)
  • Children's Pool & Dedicated Kids' Play Zone
  • Party Lawn & Amphitheatre (Podium)
  • Mini Theatre / Screening Room
  • Grand Lawn & Zen Gardens (Elevated Podium Park)

Safety & Sustainability

  • 5-Tier Security: Perimeter, Podium, Tower Lobby, Floor, Unit (Biometric/Access Control)
  • 24x7 CCTV Surveillance with Central Monitoring
  • EV Charging Provisions in Parking (Select Bays)
  • Rainwater Harvesting & Sewage Treatment Plant (STP) on-site
  • Solar PV Integration for Common Area Lighting
  • Fire Safety: Pressurised Staircases, Sprinklers, Fire Lift, Refuge Areas per NBC
  • Dedicated Service Elevators & Waste Management Chutes
Investment Analysis

Capital Growth Drivers & Rental Potential

High-net-worth ownership dynamics, corporate leaseback demand, and comparative market valuation.

Primary Growth Catalysts

  • Coastal Road Phase 1 Operational: Direct, signal-free connectivity to South Mumbai & Bandra–Worli Sea Link, reducing commute to Nariman Point/BKC by 30–40%.
  • Metro Line 3 (Colaba–SEEPZ) Completion (2025–26): Mahalaxmi station will link to domestic/international airport, SEEPZ, and entire western spine.
  • Irreplaceable Land Parcel: 4-acre consolidated plot facing 225-acre Racecourse & Sea — no new supply of this scale & orientation feasible in South Mumbai.
  • Demand-Supply Gap for Large-Format Luxury: Limited new launches offering 3/4 BHK >1,000 sq ft carpet with genuine views; existing stock absorbed by HNI upgraders.

Rental Yields & Tenant Catchment

Target tenant profile: CXOs, expatriates, consulting/finance professionals at Lower Parel/BKC/Nariman Point. Current asking rents: 2 BHK ₹1.8–2.2 L/mo; 3 BHK ₹2.8–3.5 L/mo; 4 BHK ₹4.5–5.5 L/mo. Gross yields ~3–3.5% on capital value. Low vacancy (<5%) due to proximity to corporate hubs, international schools, and lifestyle amenities. North Tower delivery (2025) will add fresh inventory but pent-up demand from delayed projects supports absorption.

Market Competition Benchmark

Vs. Lodha Bellevue (Mahalaxmi): Similar sea-view proposition; Lodha offers larger township ecosystem but higher density. Vs. Godrej Avenue Eleven (Mahalaxmi): Smaller land parcel (1.1 acre), single tower, higher per-sq-ft pricing. Vs. Raheja Vivarea (Mahalaxmi): Older delivery (2015), larger units but dated specs. Piramal Mahalaxmi differentiates via biophilic masterplan, podium park, clubhouse-on-podium, and phased readiness (immediate + near-term).

Compliance & Questions

Frequently Asked Questions

Transparent statutory compliance, booking procedure, and project timelines for Piramal Mahalaxmi.

Official HRERA Registration
P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower)
Authority: MahaRERA • Status: Registered - South & Central Towers Delivered (OC Received), North Tower Topped Out
Verified HRERA Compliance

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Statutory Disclaimer: All details, floor plans, dimensions, and prices presented are sourced from public disclosures (MahaRERA, developer website, verified portals) and are subject to change by the developer. Final allotments are subject to official RERA terms and agreement execution. *Indicative prices from developer website/portals; actuals may include floor-rise, PLC, parking, GST, stamp duty & registration.
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