Piramal Realty’s flats in Mumbai range from compact studios to expansive penthouses, across three well-connected addresses: Byculla, Mahalaxmi and Mulund. Byculla and Mahalaxmi, located in South Mumbai, are close to the business districts and the Coastal Road, combining heritage with prime connectivity. Mulund, on the other hand, offers larger homes surrounded by greenery with seamless access via the Eastern Express Highway and the upcoming metro network. Each development is MahaRERA registered and available in both ready-to-move-in or under-construction.
Artist’s impressionLocated at the center of the project, the Central Tower has just 4 apartments on every floor and takes luxury & privacy to the next level. Here residents can enjoy unobstructed views of the Mahalaxmi Racecource and the Arabian Sea.
Rooftop Observatory Deck
Dedicated Swimming Pool
Exclusive Fitness Center
Artist’s impressionThe North Tower is the tallest tower in the development, offering residents a true high-rise luxury experience, with unobstructed views of the Mahalaxmi Racecourse and the Arabian Sea.
Rooftop Observatory DeckExclusive Fitness Center
Library / Co-working Space
Artist’s impressionAhan II, like its companions, is also an epitome of sophistication and grace. Designed in an impeccable manner, every room of these apartments is spacious and well-lit.
Observatory DeckFitness Center
Library / Reading Lounge
Artist’s impressionRising 37 storeys high, Raynav is the 5th tower nestled within Vana, a thoughtfully planned 3 acre enclave at the heart of Piramal Revanta. Each apartment features a private balcony.
Swimming Pool
Mini Theatre
Pet Park
Artist’s impressionRayansh (Tower 6), designed to elevate every moment and embrace a life full of light, luxury and tranquillity. Tallest Tower at Piramal Revanta, soaring 48 Floors High.
Gymnasium
Fitness Studio
Games Zone
Artist’s impressionSouth Tower takes the honor of being the first tower to be delivered in this iconic project. The tower is uniquely designed to maximize the flow of light into the tower & the views outside.
Rooftop Observatory DeckExclusive Fitness CenterLibrary / Co-working Space
Artist’s impressionAvyan sets a superior standard for luxirous living. Designed to delight with alluring interiors and finest quality, these residences perfectly capture the soul of Byculla by inspiring awe and evoking reverence.
Observatory DeckFitness CenterLibrary / Reading Lounge
Shot on LocationArav rises as Byculla’s tallest tower, with residences that embody refined urban living. Floor-to-ceiling glass windows flood each home with light, offering sweeping views of the city and landscapes while blending elegance with artistry.
Viewing Deck (Terrace)Fitness CenterLibrary / Reading Lounge
Artist’s impressionThe feeling of timelessness transform into reality the moment you enter the sparkling tower of Ahan I. The transcendental aesthetics and perfect spatial harmony enhance the well-being of its residents.
Observatory DeckFitness CenterLibrary / Reading Lounge
Artist’s impressionElevating the skyline with an impressive partial glass-facade, RAVIK extrudes sophistication & glamour. An architectural landmark producing stratospheric views with contemparary elegance.
Multipurpose CourtGymnasiumLibrary
Artist’s impressionGracious choice of layouts to suit every need each home at ROHIN is designed to emphasize luxurious living with an overwhelming celing height, coupled with the finest finishes.
Multipurpose CourtGymnasiumLibrary
Artist’s impressionWalls of glass fill the space of RAVIN with natural light and fresh air creating a seamless blend between luxury and comfort with awe-inspiring views. This Tower rises up to 47 storeys.
Multipurpose CourtGymnasiumLibrary
Artist’s impressionRavisa is a remarkable residentail enclave that blends peaceful. serene experience with modern concenience. Facade with large windows to stream the delight of natural sunlight.
Multipurpose CourtGymnasiumLibraryChoosing where to buy flats in Mumbai depends on the lifestyle you want from the city. South Mumbai remains the prestigious choice, with proximity to business districts and the option of sea-view homes that carry enduring value. In contrast, Mulund, in the eastern suburbs, offers a calmer, greener setting, well connected yet quiet, and with strong connectivity to reach the rest of Mumbai and Thane. The right apartment is as much about the area as the home itself.
South Mumbai is the city’s oldest and most established part of the city, where heritage and modernity meet. Broad avenues, clubs, offices and schools have always drawn people here. Apartments are scarce and hold their value, and the ones along the waterfront, with the sea-views, are the hardest to find. Piramal Realty’s South Mumbai flats are at Byculla and Mahalaxmi, combining heritage charm with contemporary living.
Byculla and Mazgaon are among the older parts of South Mumbai, home to the city’s oldest gardens and museums. Quieter and greener than the southern tip, and have seen steady redevelopment in recent years, blending heritage with modern living. The Eastern Freeway and the Atal Setu place the rest of the city, and Navi Mumbai, within easy reach. At the heart of Byculla, Piramal Aranya rises next to the historic Rani Baug offering a rare combination of heritage surroundings and contemporary living.
Mahalaxmi and Worli sit at the centre of Mumbai, framed by the racecourse and the sea. It is one of the few central neighborhoods that offer this much open green making them both distinctive and desirable. With the Sea Link and Coastal Road, getting around the city is quick and seamless. Homes here are prized for their views and their prestigious addresses, combining lifestyle with long-term value. Rising alongside the Mahalaxmi Racecourse, Piramal Mahalaxmi offers residences that overlook this iconic landmark, just a short drive from Worli.
Mulund is a green, largely residential suburb on Mumbai’s eastern side of the city, right beside the expanse of Sanjay Gandhi National Park. Calmer and more spacious than the city centre, it offers families a quieter lifestyle while remaining well connected through the Eastern Express Highway and Mulund railway station. Its location places residents within easy reach to both the rest of Mumbai and Thane, making it a rare blend of serenity and convenience. Rising here with its towers oriented towards the park, Piramal Revanta offers homes designed to embrace greenery and the open space, redefining suburban living in the eastern corridor.
Flats in Mumbai come in every size, from compact studios to expansive penthouses. The right type that suits you depends on your space needs, budget and stage of life, as well as the neighbourhood you select. Across Piramal Realty’s Mumbai portfolio, the range runs seamlessly from studios designed for convenience to penthouses crafted for luxury living, ensuring there is a home to suit every lifestyle and aspiration.
| Configuration | Available at | What it’s like to live in |
|---|---|---|
| Studio & 1 BHK | Piramal Revanta | Compact, low maintenance homes from around 250 to 550 sq ft carpet. They suit a first move, a single professional or a young couple, and let out easily. |
| 2 BHK | Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta | The format most buyers start with. Roughly 500 to 1,090 sq ft carpet, enough for a young family or a couple who want a spare room. |
| 3 BHK | Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta | Room for a growing family, a bedroom each with space to spare. Roughly 800 to 1,835 sq ft carpet, the size most owners settle into for the long term. |
| 4 BHK and larger | Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta | Generous homes for larger or joint families, from around 1,290 sq ft, often with a study and wider living areas, on the higher floors. |
| Penthouses | Piramal Mahalaxmi | The top of the building, with the largest layouts, private terraces and uninterrupted views. Piramal Mahalaxmi’s penthouse collection runs above 7,000 sq ft. |
With flats in Mumbai, location and configuration usually come first; the next decision is whether to buy ready to move or under construction. A ready to move home is finished and has its occupation certificate, so you can see the actual home, move in without a wait, and pay no GST. An under construction home is bought earlier and paid in stages, with a longer wait but more choice of floor and layout.
| Project | Tower | Status |
|---|---|---|
| Piramal Aranya, Byculla | Avyan | Sold Out |
| Arav, Ahan I | Ready-to-move-in | |
| Ahan II | Under-construction | |
| Piramal Mahalaxmi, South Mumbai | South Tower | Sold Out |
| Central Tower | Ready-to-move-in | |
| North Tower | Under-construction | |
| Piramal Revanta, Mulund | Ravik, Rohin, Ravin, Ravisa | Sold Out |
| Raynav, Rayansh | Under-construction |
Getting around Mumbai is changing fast. A wave of new metro lines, sea bridges, coastal roads and tunnels is beginning to ease a city long defined by crowded trains and slow roads. For a buyer, better connectivity means an easier commute, and areas that were once cut off becoming part of the everyday city. Areas once considered distant are now connected, opening up fresh opportunities for both living and investment.
The metro is the biggest shift in Mumbai’s connectivity. The fully underground Aqua Line now runs from Cuffe Parade in South Mumbai up to Aarey, linking the old city to the airport and the western suburbs for the first time. The Blue Line, Yellow Line and Red Line already cover much of the western and eastern suburbs, while the under-construction Green Line will connect Wadala and Ghatkopar through the eastern corridor to Thane. Fresh stretches of the Yellow and Red Lines opened in early 2026, with more due each year — steadily transforming commutes and expanding the city’s residential reach.
Mumbai’s new infrastructure is reshaping how the city moves. The Coastal Road and the extended Bandra Worli Sea Link, now reaching Versova, speed travel along the western seafront, while the Atal Setu, India’s longest sea bridge, has brought Navi Mumbai and the new airport within a shorter drive of the eastern side. Two new east-west connectors, the Thane-Borivali Tunnel under Sanjay Gandhi National Park and the Goregaon-Mulund Link Road, will directly tie the eastern and western suburbs. Together, these projects are transforming commutes, opening up new neighbourhoods, and strengthening the long-term appeal of residential investments across the city.
In Byculla, on the eastern edge of South Mumbai, Piramal Aranya offers 2 to 5 BHK flats beside the 60-acre Rani Baug Botanical Garden. Most homes are ready-to-move-in, across the Avyan (Sold out), Arav and Ahan towers, with the newer Ahan II under construction. Many residences open to panoramic views of the gardens or the Eastern Harbour, and more than 710 homes have already been handed over. Piramal Aranya stands as one of South Mumbai’s most successful luxury communities.
MahaRERA: Avyan P51900003324, Arav P51900018039, Ahan P51900020330, Ahan II P51900051735.
At Jacob Circle in Mahalaxmi, Piramal Mahalaxmi offers 2 BHK, 3 BHK, 4 BHK homes to a penthouse and duplex collection, overlooking the 225-acre Mahalaxmi Racecourse and the Arabian Sea. The South Tower is already sold out and Central Tower is ready-to-move-in, while the North Tower is topped-out and under construction. With the Coastal Road running alongside, the upper floors open to sweeping panoramas across the Racecourse and the Arabian Sea, making Piramal Mahalaxmi one of South Mumbai’s most prestigious addresses.
MahaRERA: South Tower P51900015854, Central Tower P51900016482, North Tower P51900021057.
In Mulund, on the green eastern side of Mumbai, Piramal Revanta offers the widest range of residences, from studios to expansive 7 BHK homes, all oriented towards Sanjay Gandhi National Park. Four of its six towers — Ravik, Rohin, Ravin and Ravisa — are already sold out, with Raynav topped-out and Rayansh under construction. More than 1,100 homes have already been handed over, set among landscaped gardens and two clubhouses (one of them Club RASA already delivered), making Revanta one of the most vibrant residential communities in the eastern suburbs.
MahaRERA: Ravik P51800005983, Rohin P51800014021, Ravin P51800018099, Ravisa P51800031310, Raynav P51800054164, Rayansh P51800079254.
Buying a flat in Mumbai has long been regarded as a sound long-term investment. With limited land, steady demand from both end-users and renters, and a property market that has consistently held firm through cycles, the city offers enduring value. As always, the value of a home depends on its location, the timing of the purchase and the quality of the home itself — factors that together shape both lifestyle and returns.
Mumbai is a working city with a large rented population, making well-located flats in Mumbai highly sought after. Homes in prime locations tend to find tenants quickly and generate steady rental income, offering buyers both stability and returns. Demand runs deepest in Central areas and those near the business districts where professionals seek proximity to offices, amenities and transport. For investors, this translates into consistent occupancy and dependable yields.
Land is scarce and most new homes come through redevelopment, so supply stays tight. That scarcity has historically supported values, particularly for ready homes in established areas.
Mumbai’s new transport network is steadily redrawing the city map. With new metro lines, extended sea links and upgraded roads, areas once distant are now drawn closer to the centre. Homes that fall within this expanding network tend to attract the strongest interest over time, as improved connectivity translates into easier commutes, rising demand, and long-term value.
Non-resident Indians can freely purchase flats in Mumbai. Under FEMA rules, an NRI needs no special permission to buy residential property in India. Payment is made through Indian banking channels, using an NRE, NRO or FCNR account, and home loans are available from most Indian banks.
A few things to keep in mind: TDS applies on the purchase and is deducted at the time of payment, sale proceeds can usually be repatriated within set limits, and it helps to keep a PAN card, passport and, where needed, a power of attorney ready.
For more on buying as an NRI, see Piramal Realty’s NRI corner.
Before buying a flat in Mumbai, a few checks are worth making — covering the project’s legal standing, the developer’s record and the real cost of the home. Run through these before you pay a booking amount.
