Lodha's residential footprint in South Mumbai extends into Mahalaxmi through Lodha Bellevue, positioned opposite Vivarea near Jacob's Circle. Lodha Bellevue is a residential property located in the heart of Mahalaxmi, opposite Vivarea, near Jacob's Circle. It sits in the buzzing central hub of Mumbai at Mahalaxmi, providing quick and easy access to South Mumbai and the Bandra-Worli Sea Link. The project carries MahaRERA registration P51900046567, corroborated across multiple listing platforms tracking the development's construction progress.
This is not Lodha's first move into this stretch of the island city. After transforming luxury living in South Mumbai with landmark developments like Lodha World Towers, Lodha Park, and Lodha Altamount, Lodha now introduces Lodha Bellevue in Mahalaxmi as a distinct addition to that cluster of addresses.
Lodha Bellevue offers an urban forest right in the centre of the city with over 85% open green space in the expansive 7 acre land parcel. This low-density development with 3 exclusive towers has thoughtfully designed 3-bed, 4-bed, 5-bed and exclusive penthouse residences with large decks and grand views. Residents get access to Club Bellevue, the project's private recreation facility. Club Bellevue is a grand club exclusively for privileged residents, with a plethora of sport and recreation activities.
Location proximity is central to the pitch. The project lies near the Mahalaxmi Racecourse and Mumbai's finest business, retail and entertainment destinations like Kamala Mills, Palladium, and Phoenix High Street. The address is enhanced by the Mumbai Coastal Road, as well as rail, monorail and metro connectivity, ensuring exceptional ease of movement.
Lodha's scale in Mahalaxmi is best read against the developer's broader record. Lodha Group was established by 1980 by Mangal Lodha, a businessman and politician. The group has built a portfolio of over 30 projects in and around Mumbai, from Napean Sea Road to Dombivali, and has extended its presence to Hyderabad and Pune. Its nearby landmark towers include World One, the world's tallest residential tower, Lodha Bellissimo, the only Indian residential development to feature amongst the top 1000 landscapes in the world, and Palava, spread over 4000 acres near the upcoming Navi Mumbai international airport.
Two of these towers sit within a short drive of Mahalaxmi. Lodha Park is an 18.5-acre luxury residential skyscraper project in the upscale Lower Parel neighbourhood, consisting of 5 towers, each standing 268 metres tall with 76 floors. The Group also partnered with Donald Trump in September 2013 for development of Trump Tower Mumbai, an 800-ft-tall, 77-storey residential tower in Lower Parel. The company's corporate identity has evolved alongside this build-out: Macrotech Developers Limited was renamed Lodha Developers Limited on 16 June 2025. In 2021, the company debuted on the BSE and NSE through an IPO that raised approximately ₹2,500 crore, subscribed 27 times. By March 2023, the company had delivered over 35 million square feet of real estate, with a focus on affordable and premium housing segments.
Mahalaxmi's transformation from an industrial mill precinct to a luxury micromarket has been driven by a specific piece of road infrastructure. The Saat Rasta junction, which connects major arterial roads, dramatically improved traffic flow in and out of the neighbourhood and repositioned Mahalaxmi as a prime South Mumbai micromarket. That shift has been reinforced by larger city-scale projects: enhanced connectivity via the Coastal Road and Jacob Circle Monorail is supporting growing buyer interest in the locality. Metro Line 3, the 33.5 km underground Aqua Line corridor, connects Mahalaxmi to Cuffe Parade, Churchgate, Worli, Dadar, BKC and the airport terminals, and is reducing north-south travel time by nearly 40-50%.
These upgrades are showing up in pricing. Mahalaxmi's market average stood near ₹70,000 per sq ft in 2026, with premium sea-facing apartments overlooking the Arabian Sea or the racecourse commanding ₹1 lakh or more per sq ft. Analysts attribute the scarcity value partly to the roster of builders active here: limited land availability and the history attached to the micromarket, along with the presence of top developers like Lodha, Godrej and Raheja, sustain that pricing. Separately, South Mumbai areas offering the best return on investment are cited as Worli and Mahalaxmi, driven by new luxury projects and improved connectivity.
Mahalaxmi's everyday convenience draws on institutions that predate its luxury-housing phase as much as the newer retail and hospitality clusters nearby. Nair Hospital sits close to the project, and the Racecourse itself functions as one of the largest open green tracts on the island. Lodha Bellevue places residents in close proximity to Mumbai's commercial business districts, luxury retail and leading entertainment destinations. High Street Phoenix and Palladium mall, a short distance away, anchor the retail side, while Kamala Mills has become one of the city's established office and F&B addresses.
Transaction data tracked against the project points to steady early absorption. A total of 93 residential transactions had been registered for Lodha Mahalaxmi Bellevue, amounting to ₹560 crore, till March 2026. Quarterly pricing data on aggregator platforms also shows movement consistent with the area's broader repricing, with values on the project reported to have risen through late 2025 as construction progressed.
