8.8 · LivabilityGodrej Avenue Eleven
3 BHK Flat in Mahalaxmi, MumbaiGodrej Properties · Mahalaxmi
₹11.85 Cr+ starting
3 & 4 BHK · 2028
Once known for its mills and factories, Mahalaxmi has become a sought-after address for premium homes in South Mumbai. If you’re exploring 3 BHK flats in Mahalaxmi South Mumbai, compare apartment prices, layouts, amenities and possession status. From luxury 3 BHK flats in Mahalaxmi to spacious family homes, explore the available options and find a property that fits your budget and lifestyle.
AVG PRICE - 3 BHK
₹ 10.50 Cr
PROJECTS
1
RENTAL YIELD
~2%
POSSESSION
2028
— Curated for Mahalaxmi
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8.8 · LivabilityGodrej Properties · Mahalaxmi
₹11.85 Cr+ starting
3 & 4 BHK · 2028
— Worth the short drive
Comparable 3 BHK options close to Mahalaxmi, included so you can compare before you commit to one pocket.
9.0 · LivabilityGodrej Properties · In Worli
~1.7 km from Mahalaxmi
₹17.68 Cr. starting
3, 4 & 5 BHK · 2030
8.7 · LivabilityGodrej Properties · In Wadala
~5.3 km from Mahalaxmi
₹3.29 Cr+ starting
2,3 & 4 BHK · 5190
8.6 · LivabilityGodrej Properties · In Chembur
~11.8 km from Mahalaxmi
₹9.0 Cr+ starting
BHK · 2029
8.9 · LivabilityGodrej Properties · In Versova
~17.3 km from Mahalaxmi
₹8.40 Cr. starting
3 & 4 BHK · 2029
8.6 · LivabilityGodrej Properties · In Sanpada
~21.1 km from Mahalaxmi
₹2.99 Cr. starting
2, 3 & 4 BHK · 2028
8.4 · LivabilityGodrej Properties · In Worli Sea Face
~22.4 km from Mahalaxmi
₹2.38 Cr+ starting
2 & 3 BHK · 2027
8.2 · LivabilityGodrej Properties · In Sector 150
~24.9 km from Mahalaxmi
₹1.03 Cr+ starting
1, 2 & 3 BHK · 2029
8.4 · LivabilityGodrej Properties · In Sector 5A
~25 km from Mahalaxmi
₹2.25 Cr. starting
2 & 3 BHK · 2030
8.4 · LivabilityGodrej Properties · In Kolshet Road
~32.5 km from Mahalaxmi
₹96 L+ starting
1, 2 & 3 BHK · 2027
9.0 · LivabilityRustomjee (Keystone Realtors Ltd) · In Dombivli East
₹56.00 Lac starting
1, 2 & 3 BHK · 2028
— Keep exploring
— Before you decide
The right choice depends on your budget, preferred layout and possession needs. You can check our listings of 3 BHK option in Mahalaxmi above. Compare its details with other verified listings before deciding which home suits you best.
The current listing indicates an entry price of around ₹10.50 crore. However, prices can vary across projects and depend on factors such as the apartment’s floor, carpet area, view and payment terms. Request an updated cost sheet to understand the total price before setting your budget.
Yes, completed homes are available in the wider Mahalaxmi market, but availability varies by project and individual unit. If you want ready-to-move 3 BHK flats in Mahalaxmi, confirm the occupancy certificate, resale status and actual possession date before proceeding.
It may suit buyers seeking rental income from a premium South Mumbai address, but returns depend on the purchase price, achievable rent, maintenance and vacancy periods. Compare similar rented apartments and calculate the net rental yield rather than relying on projected returns alone.
Check the carpet area, floor plan, total cost, parking arrangements, maintenance charges and possession status. Verify the project's MahaRERA registration where applicable, review the agreement and ask for the occupancy certificate if the home is completed.
Mahalaxmi combines access to established parts of South Mumbai with landmarks such as the Mahalaxmi Racecourse and proximity to the Lower Parel–Worli belt. Buyers can compare high-rise residences and older housing options while considering their daily commute and preferred surroundings.
Mahalaxmi railway station connects the neighbourhood to Mumbai’s Western Line local train network, making daily travel to several parts of the city easier. Your actual commute will depend on the property’s location and distance from the station, so check the route before choosing a home.
A 3 BHK can give families separate bedrooms, space to work from home and room for visiting relatives. Mahalaxmi also provides access to established parts of South Mumbai. Before choosing a property, check nearby schools, hospitals, grocery shops and the routes your family would use regularly.
Look beyond the building’s reputation and advertised amenities. Compare carpet area, room sizes, natural light, views, privacy and the quality of fittings. For luxury 3 BHK flats in Mahalaxmi, also check maintenance costs and whether the facilities justify the overall price.
Living near Mahalaxmi Racecourse puts residents close to one of South Mumbai’s best-known open spaces. However, views and access depend on the building’s location. Check the apartment’s actual outlook rather than assuming every nearby home overlooks the racecourse.
Buyers in Mahalaxmi should account for stamp duty of generally 6% for male buyers and 5% for a sole female buyer. Registration charges are ₹30,000 for properties valued above ₹30 lakh. The final cost depends on the property's applicable valuation and Maharashtra's current registration rules.
Compare properties around the Mahalaxmi railway station, Royal Western India Turf Club area and adjoining parts of Lower Parel. These locations can differ in price, commute and building type, so check the exact address and travel distance rather than relying only on the locality name.
Yes, many listings include resale and ready-to-move 3 BHK apartments below ₹10 crore, although prices depend on the building, size, condition and view. Compare carpet area and the full purchase cost before deciding whether a lower-priced property offers better value.
Yes, Magicbricks data shows a 1% quarter-on-quarter increase in Mahalaxmi's average listed flat price for July to September 2026, taking the average multistorey apartment rate to ₹55,517 per sq. ft. This reflects advertised prices on the portal, not confirmed sale prices or guaranteed future appreciation.
Mahalaxmi may appeal to investors seeking tenants who prefer a South Mumbai address. Assess the expected rent against the purchase price, maintenance charges, vacancy periods and other costs before estimating potential rental returns.
Mahalaxmi brings together established residential neighbourhoods and newer high-rise developments near Lower Parel, Worli and Haji Ali. Buyers exploring 3 BHK flats in Mahalaxmi South Mumbai can compare spacious apartments, modern amenities and access to the city's business districts. The Mahalaxmi Racecourse adds a distinctive open-space landmark, although racecourse and sea views depend on the individual building. Carpet area, building maintenance, daily commute and total purchase cost remain important when choosing a home here.
Mahalaxmi draws on facilities within the neighbourhood and across nearby parts of South Mumbai. The distance and convenience of each facility depend on the property's exact address.
Mahalaxmi has an important advantage over locations that depend on a single transport option:
Mahalaxmi suits buyers who need extra space but want to stay close to South Mumbai's workplaces, schools and established neighbourhoods. A 3 BHK offers room for children, visiting family or a home office without moving to the city's outer suburbs. Its proximity to Lower Parel and Worli can also reduce daily travel for professionals working in these business districts. For families upgrading from smaller apartments, newer developments may offer dedicated parking, security and shared amenities. The right choice depends on carpet area, commute, building quality and overall cost.