Mahalakshmi : Stepping Into South Mumbai Spotlight
Mumbai’s Upcoming Luxury Hot Pocket
If you want a neighbourhood that blends old-world Mumbai charm, iconic open green, dramatic sea views, and iron-clad connectivity to the city’s business spine and airport, look no further than Mahalaxmi. Once a marsh, today it’s one of South Mumbai’s most covetable pockets, and here’s why it’s shaping up as a premier luxury location for both investors and end-users.
A Neighbourhood with Story and Soul
Mahalaxmi’s roots reach back centuries. The area takes its name from the famous Mahalaxmi Temple, built in the late 18th century, a landmark that continues to anchor local culture and festivals. The neighbourhood itself grew out of land reclamation and civic projects that transformed marshy flats into one of Mumbai’s most desirable addresses.
The Racecourse: A Living Green Legacy
At the heart of Mahalaxmi sits the iconic Mahalaxmi Racecourse, roughly 225 acres of open turf in the middle of the city. Established in the 19th century, it remains not only an equestrian venue but also a rare expanse of uninterrupted green that frames surrounding luxury developments. Its scale and heritage give nearby properties a unique context impossible to replicate in newer suburbs.
Views that Command a Premium
Apartments here offer the city’s most coveted vistas: sweeping racecourse greens in the foreground and the Arabian Sea shimmering on the horizon. This duality consistently drives demand among discerning end-users and premium tenants.
Seamless Connectivity
- Airport: 14–22 km, ideal for frequent flyers.
- Navi Mumbai: Easy access via Atal Setu & the coastal project
- Highway Connectivity: 15 mins away from the eastern & western highway.
- Business hubs: Lower Parel, Nariman Point, and BKC within short drives.
- Future-ready: New metro corridors will further ease commutes across the city.
Global Lifestyle Aspirations
Mahalaxmi delivers more than homes — it offers a lifestyle: private clubs, curated dining, heritage precincts, and open spaces, all within a walkable radius. For globally mobile families, it strikes a balance of exclusivity and convenience.
Why Invest Now
- Scarcity: Nowhere else in Mumbai combines 200+ acres of green with luxury living.
- Connectivity upgrades: Metro and road projects are future-proofing value.
- Balanced demand: Equally attractive to long-term end-users and yield-focused investors.
Rioga Premium Advisory:
In our work across major luxury projects in Mahalakshmi over the last 5 years, we have observed a few distinct patterns in client demands and project offerings, especially with an upcoming location like Mahalakshmi.
With heritage, green lungs, sea views, and business connectivity, it represents one of the most compelling luxury real estate opportunities in Mumbai today. With K Raheja Corp securing the Famous Studios, premium inventory is now pegged at ₹1 lakh PSF and above, setting a new price benchmark.
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FAQ’s
- How far is the airport located from Mahalaxmi?
Mumbai International Airport is located at a distance of about 15 kms from Mahalaxmi.
- Which are some of the prominent educational institutions located in and around Mahalaxmi?
Podar International School (Worli), St. Ignatius High School, Lala Lajpat Rai College, Watumull Institute, and Sasmira’s Institute of Management are some of the prominent educational institutions located in and around Mahalaxmi.
- Which are the go-to malls located in and around Mahalaxmi?
Atria, High Street Phoenix, and Palladium are the go-to malls located near Mahalaxmi.
- Which are the major hospitals located in and around Mahalaxmi?
Wockhardt Hospital, Breach Candy Hospital, Jaslok Hospital, and Sir HN Reliance Foundation Hospital are some of the major hospitals located in and around Mahalakshmi.
- Are there any recreational facilities located in and around Mahalaxmi?
The key recreational facilities located in and around Mahalaxmi include Mahalakshmi Race Course, SMAAASH, Willingdon Sports Club, and National Sports Club of India (NSCI).
- How is Mahalaxmi connected to the major employment hubs of the city?
Mahalaxmi is located in proximity to major commercial hubs such as Indiabulls Finance Centre, Peninsula Corporate Park, Peninsula Business Park, Lodha Excelus, and Lodha Supremus. Moreover, other prominent employment centers such as Bombay Stock Exchange, World Trade Centre, Maker Chambers, Mantralaya, and New Administrative Building, Nariman Point are located at a distance of about 5-10 km from Mahalaxmi. Further, major corporate centers such as Bandra Kurla Complex, SEEPZ SEZ, Andheri MIDC, NESCO IT Park, Nirlon Knowledge Park, Mindspace Malad, Infinity IT Park, and Kensington SEZ are located at a distance of around 15-30 km from Mahalaxmi, which can be easily accessed through the Bandra Worli Sea Link and the western line.
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