TND ListingsProperty advisory & management · Mumbai
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Sane Guruji Marg · Jacob Circle · Mahalaxmi, Mumbai 400011

Piramal Mahalaxmi: ready-to-move 2, 3 & 4 BHK for sale and rent

Three towers of 49 to 66 storeys on roughly four acres at Jacob Circle, with views over the Mahalaxmi Racecourse, Willingdon Golf Course and the Arabian Sea. TND Listings works inside this building on resale, rentals and owner mandates, so what you see is verified inventory rather than recycled portal listings.

  • ₹5.5 Cr+2 BHK resale, indicative
  • ₹1.40 L / month+2 BHK rentals
  • ~₹37,500 / sq ftMedian carpet rate, last 12 months
  • OC receivedSouth & Central towers

650+ homes under management · 1,850 owners served · operating since 2020 · MahaRERA-registered consultant

Get the live price sheet

Floor-wise availability, current asking prices and rents, sent by a named advisor — not an auto-responder.

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Your number stays with us. We do not sell or share enquiry data with listing portals.

650+Mumbai homes under active management
1,850Owners served, India and NRI
2020Operating in Mumbai since
MahaRERARegistered property consultant

Buy & resale

Piramal Mahalaxmi price list: 2, 3 and 4 BHK resale

Both the South and Central towers have received their Occupancy Certificate, so most transactions here are ready-to-move resale rather than under-construction sales. The North Tower has topped out and is in finishing. The figures below are indicative asking ranges for units seen in the market over recent months — the actual number depends on floor, view band, furnishing and how motivated the seller is. Ask us for the current floor-wise sheet before you anchor on any portal price.

ConfigurationCarpet areaIndicative asking priceTypical tower
2 BHK750–860 sq ft₹5.50 Cr – ₹6.05 CrSouth, North
3 BHK1,060–1,450 sq ft₹9.20 Cr – ₹12.50 CrSouth, Central, North
4 / 4.5 BHK1,579–1,860 sq ft₹14.70 Cr upwardsCentral, North
PenthouseOn requestOn requestCentral

Indicative only, compiled from recent listed and transacted units as of September 2026. Median carpet rate in the building has been around ₹37,500 per sq ft over the last twelve months, roughly 6% above the Mahalaxmi top-tier average. Prices change weekly; nothing here is an offer.

What we check before you pay a token

  • Title flow, society NOC and outstanding dues on the specific flat
  • Whether the unit is a primary sale, an investor resale or a distressed exit — it changes your negotiating room
  • Actual carpet against the RERA-registered carpet, not the marketed “saleable” figure
  • TDS position if the seller is an NRI, and how to avoid a blocked remittance later
  • Stamp duty, registration and society transfer charges as a single landed cost

Who this building actually suits

  • Buyers who want South Mumbai addresses with a genuine open view, not a wall-facing tower
  • Families wanting ready possession with an OC already in hand
  • Investors who understand that gross rental yield here runs near 1.4% — the case is capital value, not cash flow
  • NRIs who need someone on the ground for viewing, paperwork and later upkeep
Send me the floor-wise price sheet

Rent & lease

Flats for rent at Piramal Mahalaxmi

Rental demand here comes from senior corporate transferees, consulate and BFSI executives working in Lower Parel, Worli and Nariman Point, and long-stay expatriate families. Because we already manage homes in and around this micro-market, we usually know which flats are coming up for renewal before they are advertised.

ConfigurationCarpet areaIndicative monthly rentUsual furnishing
2 BHK750–860 sq ftfrom ₹1.40 LSemi to fully furnished
3 BHK1,060–1,450 sq ft₹2.25 L – ₹3.00 LMostly fully furnished
4 BHK & above1,579 sq ft+₹3.50 L upwardsFully furnished, high floor

Indicative as of September 2026. Recorded rentals in this building have ranged widely — roughly ₹21,000 to ₹2.80 L a month depending on configuration, floor and furnishing — with an average nearer ₹2.5 L. Deposit is customarily three to six months for Indian tenants and can be higher for company leases. Gross yield works out to about 1.4%.

For tenants

  • Shortlist built to your commute, floor and view preference before you spend a Saturday viewing
  • Registered leave-and-licence agreement, e-registration and police intimation handled end to end
  • Society move-in formalities, NOC and parking allotment coordinated for you
  • One point of contact for the whole tenancy, not a new number every month

For landlords letting out

  • Tenant sourcing with employment and background verification before you meet anyone
  • Rent collection, escalation tracking and renewal negotiation
  • Move-in and move-out inventory with photographs, so deposit disputes do not happen
  • Quarterly inspections and vendor coordination, useful if you are not in Mumbai

For owners at Piramal Mahalaxmi

Selling or letting out your flat here? Give it to one desk, not five brokers.

Most owners in a building like this end up with the same problem: the flat is listed with several brokers at slightly different prices, every prospect gets a different story, and the unit starts to look stale. We take single-point mandates for this building, which means one price, one narrative, verified viewers only, and a written account of every enquiry you received.

01

A defensible asking price

We price off actual registered transactions in this building and the Mahalaxmi comparable set, then show you the working. No inflated number to win the mandate and a discount conversation four months later.

02

Qualified viewers only

Budget, funding route and timeline checked before anyone enters your home. If your flat is tenanted, viewings are scheduled around the tenant rather than against them.

03

Paperwork that closes

Society NOC, share certificate transfer, TDS and lower-deduction certificate for NRI sellers, stamp duty and registration — sequenced so the deal does not stall at the last week.

04

Management after the lease

If you are letting out, the tenancy does not end at signing. Rent collection, inspections, repairs, renewals and exit inventory continue under the same contract — the reason 650+ Mumbai homes sit with us.

The project

Towers, configurations and MahaRERA registration

Piramal Mahalaxmi is a three-tower development by Piramal Realty on roughly four acres at Sane Guruji Marg, Jacob Circle. Each tower is registered separately with MahaRERA, which matters when you are comparing units — a flat in the South Tower and one in the North Tower are, legally, parts of two different registered projects.

TowerConfigurationsStatusMahaRERA no.
South Tower2 & 3 BHKDelivered, OC receivedP51900015854
Central Tower3 & 4 BHK, penthousesReady to move, OC receivedP51900016482
North Tower2, 3 & 4.5 BHKTopped out, finishing underwayP51900021057

Registration numbers are verifiable free of charge on the MahaRERA portal at maharera.maharashtra.gov.in. Always confirm the current status of the specific tower and flat before paying any amount.

Land parcelApprox. 4 acres
Height49 to 66 storeys
DeveloperPiramal Realty
ViewsRacecourse, sea, golf course
Podium open spaceApprox. 74,000 sq ft
Amenities36+ across the podium

Amenities on the podium deck

Location & connectivity

Why Jacob Circle changed after Metro Line 3 opened

Jacob Circle, or Saat Rasta, sits at the narrow waist of the island city — which is exactly why it works. You are between the eastern and western corridors rather than committed to either, and the Mahalaxmi station on the Metro Aqua Line has been in service since October 2025, putting BKC and Nariman Point on a single underground ride. For anyone working in Lower Parel or Worli, this is a fifteen-minute address without paying a Worli sea-face premium.

~850 mMahalaxmi railway station, Western Line
WalkableMahalaxmi metro station, Aqua Line 3
AdjacentJacob Circle monorail terminus
~1.3 kmEastern Express Highway approach
~1.3 kmNair Hospital
OppositeMahalaxmi Racecourse & Willingdon Golf Course

Work commutes from here

  • Lower Parel and Worli business districts — short road hop, no highway
  • Nariman Point and Fort — direct on the Aqua Line
  • BKC — metro, or the Eastern Freeway for a car
  • Navi Mumbai and the new airport corridor — via the Eastern Freeway and Atal Setu

Everyday life nearby

  • Five-star hospitality and dining at Worli and Lower Parel within minutes
  • Established South Mumbai schools and Jaslok, Breach Candy and Wockhardt hospitals in the wider radius
  • Racecourse and Willingdon green belt directly across, which is what protects the view lines
  • Phoenix Palladium and Kamala Mills for retail and offices

Why work with us on this building

We manage homes here. That is a different job from selling them.

Anyone can forward you a listing. The reason owners and buyers come back to TND Listings is that we stay involved after the transaction — 650+ Mumbai homes are under our active management, and about 1,850 owners, many of them NRIs, have used us since 2020. That gives us two things a pure brokerage does not have: honest knowledge of how a building actually behaves once you live in it, and no incentive to push a bad unit for one commission.

One named advisor

You get a person, a direct number and a written record — not a rotating call-centre queue.

NRI-ready process

Power of attorney, TDS and lower-deduction certificates, repatriation sequencing and remote registration — a core part of what we do, not an exception.

RERA-first diligence

We check registered carpet area, tower registration and project status against MahaRERA records and show you the source.

Management on tap

Tenant sourcing, rent collection, inspections and maintenance available for the same flat after you buy or let it.

No portal number resale

Your enquiry stays with us. We do not sell lead data to listing portals or third-party brokers.

We will tell you no

If the unit on offer is overpriced or the yield does not support your plan, you will hear that before you pay a token.

Questions we get asked

Piramal Mahalaxmi: frequently asked questions

What is the price of a flat at Piramal Mahalaxmi?

As of September 2026, indicative resale asks run about ₹5.50–6.05 Cr for a 2 BHK of 750–860 sq ft carpet, ₹9.20–12.50 Cr for a 3 BHK of 1,060–1,450 sq ft, and from roughly ₹14.70 Cr for a 4 BHK. The median carpet rate in the building has been near ₹37,500 per sq ft over the past twelve months. Floor, view band and furnishing move the number materially, so ask for the current floor-wise sheet rather than relying on a portal range.

Is Piramal Mahalaxmi ready to move in?

The South Tower is delivered and the Central Tower is ready to move, both with Occupancy Certificates received. The North Tower has topped out and is in the finishing stage. Most transactions in the building today are therefore ready-possession resale rather than fresh under-construction bookings.

What is the MahaRERA number for Piramal Mahalaxmi?

Each tower is registered separately: South Tower P51900015854, Central Tower P51900016482 and North Tower P51900021057. You can verify all three free of charge on the MahaRERA portal. Confirm the registration for the specific tower your flat sits in before paying anything.

What is the rent for a 2 or 3 BHK at Piramal Mahalaxmi?

Indicatively, 2 BHK units start around ₹1.40 lakh a month and 3 BHK units sit roughly between ₹2.25 lakh and ₹3 lakh, with larger and higher-floor homes going above that. Recorded rentals across the building have ranged widely depending on configuration and furnishing, averaging nearer ₹2.5 lakh. Deposits are customarily three to six months, higher for company leases.

What rental yield can I expect if I buy here to let out?

Gross rental yield in this building works out to roughly 1.4%, which is typical for prime South Mumbai. If your objective is monthly cash flow, this is not the right asset. The investment case here is capital value and liquidity in a supply-constrained micro-market, and we would rather say that plainly than sell you a yield story.

How far is the nearest station?

Mahalaxmi railway station on the Western Line is about 850 metres away. The Mahalaxmi station on Metro Aqua Line 3 has been operational since October 2025, and the Jacob Circle monorail terminus is adjacent. The Eastern Express Highway approach is roughly 1.3 km.

I own a flat at Piramal Mahalaxmi. Can you sell or rent it out for me?

Yes. We take single-point mandates for this building covering pricing off registered comparables, qualified viewings, negotiation and the full paperwork trail, including NRI-specific TDS and remittance sequencing. If you want the flat let out rather than sold, tenant sourcing, verification, rent collection and ongoing management run under the same agreement.

Do you charge buyers or tenants a fee?

Fees depend on the service — resale advisory, tenancy and ongoing property management are priced differently, and mandates for owners are quoted separately. We put the number in writing before you commit to anything, and there are no charges for an initial availability or price discussion.

Are you the developer or affiliated with Piramal Realty?

No. TND Listings is an independent MahaRERA-registered property consultant and property management company. Piramal Mahalaxmi is developed by Piramal Realty, and all project names and trademarks belong to their respective owners. We act for buyers, tenants and individual flat owners in this building.

Book a viewing

See the actual flat, the actual floor and the actual view

Photographs of a 60th-floor unit tell you nothing about the one on the 14th. Tell us your configuration, budget and when you are free, and we will line up the units genuinely available that week — including any that have not hit the portals yet. Viewings are arranged for Piramal Mahalaxmi and, if it helps, comparable buildings in Mahalaxmi, Worli and Lower Parel so you can benchmark honestly.

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