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Mahalaxmi

Last updated: May 30, 2026

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Merx Icon Mahalaxmi

By Merx Realty|

Jacob Circle, Mahalaxmi

₹ 2.97 Cr - 8.21 Cr All inc.
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Merx Icon Overview

Land Parcel
1.29 acres

Land Parcel

Towers
1

Towers

Floors
G+9P+44

Floors

Config
2, 3 BHK

Config

Carpet Area
660-1825 sqft

Carpet Area

RERA NO.
P51900080981

RERA NO.

Possession Status
Early Stage (2-3 yrs)

Possession Status

Target Possession
Jun 2029

Target Possession

RERA Possession
Dec 2029

RERA Possession

Litigation
No

Litigation

About Merx Icon

Merx Mahalaxmi Project Overview
Merx Realty will be constructed on 1.25 Acres of land parcel, 1 Tower with G+9P+44 floors having 2 BHK, 3 BHK, Jodi premium residences.

Merx Icon location
Project is Located Nr Mahalakshmi Stn, Jacob Circle, Mahalaxmi, Mumbai with -
Byculla Railway Stn- 400m
Mahalaxmi Metro Stn - 800m
Eastern Express Hwy - 2.9km

Merx Icon Project Amenities
First is Internal amenities -
Vitrified Tiles, Branded Fittings, Kitchen Platform, Anodised Aluminium Windows Powder Coated Finish & many more

Merx Realty Mahalaxmi External Amenities
Project has 35+ amenities with likes of -
Swimming Pool
Gymnasium
ClubHouse
Mini Ampitheatre
Indoor Games
Jogging Pathway & Many More

Merx Realty Mahalaxmi Parking -
Project has One type of car parking facilities -
1) Podium

Merx Icon Possession -
Rera Possession - December 2029
Target Possession - June 2029

Carpet Area & Floor Plan
Merx Icon project has 2BHK, 3BHK, Jodi premium residences with -
2BHK - (660 to 700) sqft
3BHK - (900 to 1125) sqft
Jodi - (1320 to 1825) sqft

Merx Icon floor plan
Tower floor plan will have 6 flats 2 lifts & 1 staircases on each floor

Merx Icon Mumbai Project Prices & its details can be found in the price section & Merx Icon brochure can be downloaded from the link mentioned below. Project has been praised by the home buyers & Merx Realty Mahalaxmi review is 4 out of 5 from over all the clients who have visited the site.

Merx Icon Location

Nr Mahalaxmi Stn, Jacob Circle, Mahalaxmi, Mumbai

  • Byculla Railway Stn- 400m
  • Mahalaxmi Metro Stn - 800m
  • Eastern Express Hwy - 2.9km
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Merx Icon Videos

Merx Icon Pros & Cons

Pros-icon

Pros

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1.Located at a prime address offering excellent connectivity to Byculla railway and metro stations, Eastern Express Highway, and major malls.
2.Spread across 1.29 acres with just one tower, the project offers abundant open space, low tower density, and airy, well-ventilated apartments.
Cons-icon

Cons

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1.

Merx Icon Amenities

Internal Amenities

Vitrified Tiles

Vitrified Tiles

Granite Kitchen Platform

Granite Kitchen Platform

Branded Fittings

Branded Fittings

External Amenities

Swimming Pool

Swimming Pool

Club House

Club House

Kids Play Area

Kids Play Area

Jogging Track

Jogging Track

Amphitheater

Amphitheater

Banquet Hall

Banquet Hall

Indoor games

Indoor games

Gymnasium

Gymnasium

Merx Icon Master & Floor Plan

Master Plan

Merx Icon Master Plan

Floor Plan

Merx Icon Floor Plan

Merx Icon Pricing & Unit Plans

Carpet AreaAll Inc. Price
(Inc. of Taxes & Charges)		Min Downpayment
(Inc. Taxes)		ParkingUnit Plan
600 sqft
2.97 Cr All In
45.00 Lacs
1
Merx Icon Unit plan - 600 sq.ft.
700 sqft
3.15 Cr All In
47.00 Lacs
1
Merx Icon Unit plan - 700 sq.ft.
Carpet:600 sqft
Unit plan - 600 sq.ft.
2.97 CrAll Inc. Price(Inc. of Taxes & Charges)
45.00 Lacs
Min Downpayment(Inclusive Taxes)
1Parking
Down Payment
Loan Amount
Interest
Duration
₹0EMI
Carpet:700 sqft

Merx Icon Payment Scheme

Regular Standard Slabwise Payment as per construction, Maximum loan possible up to 90%

Merx Icon Litigation Details

Is there any litigation against this proposed project:

No

Documents For Merx Icon

category icon

Proforma Sale Agreement

pdf icon

Merx Icon Proforma Sale Agreement

category icon

Proforma Allotment Letter

pdf icon

Merx Icon Proforma Allotment Letter

category icon

Layout Plan

pdf icon

Merx Icon Building Plan/Layout Plan Approval

Note: You can download more detailed documents by following this link

Merx Icon QR Codes

RERA QR code - P51900080981
P51900080981

Project approved by

About Merx Realty

Merx Realty

Merx Realty

2 CitiesLocations

Mumbai CityMumbai suburban

Mumbai City, Mumbai suburban

2 yearsExperience
Merx Realty is a Mumbai-based real estate developer, currently active with the under-construction residential project, "ICON By Merx," in Byculla. The company, operating as MERX REALTY LLP, was incorporated in November 2023 and is a non-government entity registered with the RoC-Mumbai. Its projects are often developed in partnership, such as with Reflex Projects for "Reflex Icon by Merx"

Frequently Asked Question

The sample flat is not ready yet. However, Housiey provides detailed floor plans, 3D walkthroughs, and virtual consultations with a property expert. Our team can explain the layout, unit sizes, and project details in detail.

The expected possession date is 01 December 2029 as per RERA. Construction is currently 30% complete as of May 30, 2026. Target possession is 01 June 2029.

Yes, it is RERA registered. The RERA number is P51900080981.
You can verify it on the official RERA portal: https://maharerait.maharashtra.gov.in/public/project/view/59735

No, it has no pending litigation. All legal documents including the Commencement Certificate and Legal Title Report are available on Housiey for review before booking.

The following legal documents are available on Housiey: Proforma Sale Agreement, Proforma Allotment Letter, Layout Plan, Legal Title Report, Commencement Certificate. You can preview them directly on the project page or verify them independently on the official RERA portal using RERA number P51900080981.

This project offers 11+ amenities. Key external amenities include Gymnasium, Indoor games, Banquet Hall, Amphitheater, and Jogging Track.
Internal specifications include Branded Fittings and Granite Kitchen Platform. The complete amenities list is available on Housiey.

Monthly maintenance details are available in the price sheet. You can download it from the project page on Housiey.

In Merx Icon, the 2BHK units are available in the following carpet area options:
• 600 sq. ft.
• 700 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

In Merx Icon, the 3BHK units are available in the following carpet area options:
• 900 sq. ft.
• 1125 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

In Merx Icon, the (2+2)BHK Jodi units are available in the following carpet area options:
• 1320 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

In Merx Icon, the (2+3)BHK Jodi units are available in the following carpet area options:
• 1825 sq. ft.
Each configuration may differ slightly in layout, balcony size, or orientation. Our team can walk you through floor plans for each option during your consultation or site visit.

The all-inclusive price of a 2BHK in Merx Icon starts from ₹2.97 Cr and varies depending on the carpet area and floor level you choose.
• 600 sq. ft. – ₹2.97 Cr (all-inclusive)
• 700 sq. ft. – ₹3.15 Cr (all-inclusive)
The price includes the base cost, applicable stamp duty, registration charges, GST, and possession charges. Final pricing may vary based on unit configuration, selected floor, and availability.

The all-inclusive price of a 3BHK in Merx Icon starts from ₹4.05 Cr and varies depending on the carpet area and floor level you choose.
• 900 sq. ft. – ₹4.05 Cr (all-inclusive)
• 1125 sq. ft. – ₹5.07 Cr (all-inclusive)
The price includes the base cost, applicable stamp duty, registration charges, GST, and possession charges. Final pricing may vary based on unit configuration, selected floor, and availability.

The all-inclusive price of a (2+2)BHK Jodi in Merx Icon starts from ₹5.99 Cr and varies depending on the carpet area and floor level you choose.
• 1320 sq. ft. – ₹5.99 Cr (all-inclusive)
The price includes the base cost, applicable stamp duty, registration charges, GST, and possession charges. Final pricing may vary based on unit configuration, selected floor, and availability.

The all-inclusive price of a (2+3)BHK Jodi in Merx Icon starts from ₹8.21 Cr and varies depending on the carpet area and floor level you choose.
• 1825 sq. ft. – ₹8.21 Cr (all-inclusive)
The price includes the base cost, applicable stamp duty, registration charges, GST, and possession charges. Final pricing may vary based on unit configuration, selected floor, and availability.

It is built across 1.29 acres with 1 towers with G+9P+44 floors. Each floor has 6 flats per floor, 2 lifts, 1 staircases. It is available in 2BHK/3BHK/(2+2)BHK Jodi/(2+3)BHK Jodi configurations with carpet areas ranging from 600 to 1825 sq. ft.

It is located at Nr Mahalaxmi Stn, Jacob Circle, Mahalaxmi, Mumbai.
Nearby landmarks include:
• Byculla Railway Stn- 400m
• Mahalaxmi Metro Stn - 800m
• Eastern Express Hwy - 2.9km

The following payment plans are available:
• CLP ( Construction Link plan) — Regular Standard Slabwise Payment as per construction, Maximum loan possible up to 90%

Note: In some cases, payment plan deviations can be considered based on your preferred terms. The final schedule is confirmed after your site visit.

The minimum down payment starts from ₹45.00 Lacs, inclusive of all taxes. EMI options are also available. Use the EMI calculator on the project page to check monthly instalments based on your loan amount and tenure.

Yes, it is approved by leading banks including Central Bank of India, Union Bank of India, Bank Of India, Bank Of Baroda, Citi Bank, Kotak Mahindra Bank, Axis Bank, State Bank Of India, ICICI Bank, HDFC BANK. The complete approved bank list is available in the Banks section on Housiey. Home loan eligibility depends on the bank's lending policy and your profile.

No — Housiey follows a strict no-brokerage policy. You pay only the builder's official price — no commission, no hidden charges, and no middlemen. This applies to all projects listed on Housiey.

It is developed by Merx Realty, a trusted real estate brand with over 2 years of experience and multiple completed projects across Mumbai City and Mumbai suburban.

The Commencement Certificate is available. The Occupancy Certificate (OC) will be applied for closer to the possession date, as per standard regulatory timelines. All currently available documents are listed in the Documents section on Housiey.

Yes — book a free site visit through Housiey. We arrange a free Ola cab pickup and drop from your location.

Alternatively, you can schedule an online project presentation directly by the builder from home. Both options are 100% free with no obligation to buy.

Yes — NRIs can purchase this project under FEMA regulations. Payment can be made via NRE or NRO accounts. Home loans are available from Indian banks with a co-applicant. Housiey's team assists NRI buyers with documentation and Power of Attorney requirements remotely — 100% free.

Mahalaxmi is one of Mumbai's sought-after micro-markets with consistent property appreciation.

This project by Merx Realty — with 2 years of experience — offers 2BHK/3BHK/(2+2)BHK Jodi/(2+3)BHK Jodi at ₹2.97 Cr to ₹8.21 Cr, making it a strong long-term investment opportunity.

Buying through Housiey gives you:
(1) No brokerage — you pay the builder's exact price
(2) Free Ola cab site visit
(3) Online project presentation by the builder from home
(4) Free legal consultation via Housiey Legal
(5) Honest Pros & Cons review on every project
All services are 100% free with no obligation.

The price sheet and brochure for this project are available for free download on Housiey. Click the "Price Sheet" or "Brochure" button on the project page. No registration is required for instant download.

Housiey has a 4.8 rating on Google with 2,395+ reviews.

Over 8,500 families have purchased homes through Housiey across 8+ cities with no brokerage and direct builder pricing. Housiey has conducted 1.2 lakh+ free site visits and facilitated over ₹8,000 crore worth of property transactions.

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