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Mumbai South · 400034

Mahalaxmi Racecourse, Mumbai

Rank #436/859

Mahalaxmi Racecourse is in South Mumbai, known for the horse racing track that gives the area its name. It's close to the Mahalaxmi railway station and the sea link. Housing nearby is mostly premium, with independent houses and high end apartments, and demand comes from buyers wanting open views near the racecourse.

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Location Map of Mahalaxmi Racecourse, Mumbai
Recent & Future Developments

What's New in Mahalaxmi Racecourse, Mumbai

Live news feed — last updated 15 September 2026

15 Sept2026

Mumbai Civic Bodies to Raise ₹10,000 Crore via Green Municipal Bonds for Urban Infrastructure

Civic bodies in India, including Mumbai, are projected to raise ₹10,000 crore through green municipal bonds over the next 30 months to fund essential urban infrastructure. This initiative is crucial for addressing the significant investment needs in areas like water, waste management, and climate resilience, aiming to foster sustainable urban development.

Source: Free Press Journal, ET infra
Explore Key Amenities & Commute

What's Around Mahalaxmi Racecourse, Mumbai

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Mumbai's top business hubs.

map
Nearby Places
  • Race Course Mosque
    Mosque
    0.4 km
  • Mahalaxmi Station
    Bus Stop
    0.5 km
  • Mahalaxmi Race Course
    Bus Stop
    0.6 km
  • Haji Ali Sub Post Office
    Post Office
    0.6 km
  • Famous Studio
    Bus Stop
    0.6 km

Plan your Commute Travel time from Mahalaxmi Racecourse, Mumbai

Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Mahalaxmi Racecourse, Mumbai.

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
100%
100%
By BHK
Demand
Supply
1 BHK
86%
6%
2 BHK
2%
22%
3 BHK
4%
48%
4 BHK
5%
27%
By Budget
Demand
Supply
50 L - 2 Cr.
89%
6%
2 Cr. - 5 Cr.
2%
11%
Above 5 Cr.
8%
74%
By Property Type
Demand
Supply
Apartment
100%
87%
By BHK
Demand
Supply
1 BHK
50%
8%
3 BHK
28%
54%
Studio
21%
8%
By Budget
Demand
Supply
30000 - 50000
50%
7%
Above 50000
50%
94%
Trusted Developers

Top Builders in Mahalaxmi Racecourse, Mumbai

Browse Inventory

Properties Available in Mahalaxmi Racecourse, Mumbai

  • Sale
  • Rent
  • By Property Type
Properties in Mahalaxmi Racecourse, Mumbai
Flats in Mahalaxmi Racecourse Mumbai
for Sale
  • By Property Type
Properties in Mahalaxmi Racecourse, Mumbai
Flats in Mahalaxmi Racecourse Mumbai
for Rent
Neighborhood

Localities around Mahalaxmi Racecourse, Mumbai

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 66,300/sq. ft
Avg Rental
₹ 268/sq. ft
Rental Yield
3.9%
Avg Rental
₹ 233/sq. ft
Rental Yield
3.9%
Rental Yield
3.9%
2
For Sale
Avg Rental
₹ 214/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 62,000/sq. ft
Avg Rental
₹ 222/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 38,950/sq. ft
Avg Rental
₹ 175/sq. ft
Rental Yield
3.9%
Avg Rental
₹ 183/sq. ft
Rental Yield
3.9%
1
New Projects
2
For Sale
8
For Rent
Average Sale Price
₹ 61,100/sq. ft
Avg Rental
₹ 216/sq. ft
Rental Yield
3.9%
Arya Nagar,Mumbai

Arya Nagar, Mumbai

Rank #591
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
New Projects
2
For Sale
1
For Rent
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FAQ

Frequently Asked Questions

Find answers to common queries about Mahalaxmi Racecourse, Mumbai.

Why do homebuyers and tenants prefer living in Mahalaxmi Racecourse, Mumbai?

The area is appreciated for its connectivity, everyday conveniences, and pleasant living environment, making it a preferred choice for both homebuyers and renters.

What is the average property rate in Mahalaxmi Racecourse, Mumbai?

Property rates typically vary between ₹ 78 Lakhs to 16 Crore, depending on factors such as property type, location, amenities, and prevailing market conditions.

What is the average rent in Mahalaxmi Racecourse, Mumbai?

Rental properties in Mahalaxmi Racecourse have an average rental value of around ₹222 per sq ft. Rental rates generally range between ₹ 40 Thousand to 5.6 Lakhs, based on factors such as property size, configuration, furnishing status, and age of the property.

What is the postal PIN code of Mahalaxmi Racecourse, Mumbai?

The PIN code of Mahalaxmi Racecourse is 400034. This postal code is used for mail delivery, courier services, and location identification within the locality.

What kinds of properties can be found in Mahalaxmi Racecourse, Mumbai?

Mahalaxmi Racecourse offers a wide range of residential properties, including Apartment. Buyers and tenants can choose from popular configurations such as 1 BHK,2 BHK,3 BHK,4 BHK, suitable for various lifestyle preferences and budget requirements.

How many properties are available for sale and rent in Mahalaxmi Racecourse?

At present, approximately 19 properties are listed for sale and around 15 properties are available for rent in Mahalaxmi Racecourse.

How well connected is Mahalaxmi Racecourse, Mumbai?

Mahalaxmi Racecourse benefits from strong road and transport connectivity, providing convenient access to different parts of Mumbai. Residents can easily reach major business districts, educational institutions, healthcare centres, and commercial hubs.

Which nearby localities are close to Mahalaxmi Racecourse in Mumbai?

Some of the well-known localities located near Mahalaxmi Racecourse include Worli, Arthur Rd, Jijamata Nagar, Jacob Circle, Mahalaxmi. These neighbouring areas offer access to residential communities, commercial establishments, educational facilities, and lifestyle amenities.

Are essential facilities available near Mahalaxmi Racecourse?

Yes, Mahalaxmi Racecourse is supported by robust social infrastructure. Residents have easy access to reputed schools such as St Ignatius High School, Muktangan Lovegrove School, Podar ORT International School, Hill Spring International School, Hill Spring International School, healthcare centres including Children Orthopedic Hospital, NH SRCC Childrens Hospital, All India Institute of Physical Medicine and Rehabilitation Hospital, Jijamata Nagar Municipal Dispensary, Meesha Polyclinic, and popular shopping destinations like Laxmi Woolen Mills Compound, Phoenix Head Office, Atria The Millennium Mall, Bay Side Mall, Palladium Mall.

What are the pros and cons of living in Mahalaxmi Racecourse, Mumbai?

These insights offer a balanced perspective on the locality's overall livability.

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