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Merx Icon

Mahalaxmi, Mumbai

By Merx Realty

₹ 2.97 Cr onwards

Configuration
2 & 3 BHK
Carpet area
600–1,125 sq.ft. carpet
Possession
Dec 2029
Status
Under Construction
RERA
Registered · P51900080981

MahaRERA project registration P51900080981, available at maharera.maharashtra.gov.in.
PropX8 MahaRERA agent registration A0311825022223.

Prices and availability can change. Get the latest developer inventory.

Project Snapshot

Developer
Merx Realty
Configuration
2 & 3 BHK
Carpet area
600–1,125 sq.ft.
Price
₹ 2.97 Cr onwards
Possession
Dec 2029
Status
Under Construction
Project area
1.29 acres
Structure
G+9P+44
RERA
P51900080981

About Merx Icon

Merx Icon, developed by Merx Realty, is a residential project in Nr Mahalaxmi Stn, Jacob Circle, Mahalaxmi, Mumbai. It rises G+9P+44 on 1.29 acres and offers 2 & 3 BHK apartments. Possession is listed for Dec 2029; the project is currently under construction. It is registered with MahaRERA under P51900080981.

Listed starting prices are ₹ 2.97 Cr for a 2 BHK (600 sq.ft. carpet) and ₹ 4.05 Cr for a 3 BHK (900 sq.ft. carpet). That works out to roughly ₹47.3K/sq.ft. of carpet area, about 38% below the Mahalaxmi median of ₹76.7K/sq.ft. across 8 projects we track.

Getting around: Mahalaxmi Metro station is 0.8 km (about 10 minutes on foot), Byculla railway station is 0.3 km (about 4 minutes on foot) and the Western Express Highway is 11 km by road. Nearby, Byculla School is 0.3 km (about 4 minutes on foot) and Dr. Babasaheb Ambedkar Memorial Central Railway Hospital is 0.8 km (about 9 minutes on foot). By road, the airport is 18 km and Bandra Kurla Complex 13 km away.

Amenities listed by the developer include swimming pool, clubhouse, kids play area, jogging track, amphitheater and banquet hall.

Key Highlights

  • Merx Icon by Merx Realty.
  • Located in Mahalaxmi, Mumbai.
  • One tower with G+9P+44 floors.
  • Offers 2 BHK and 3 BHK configurations.
  • Carpet areas from 600 sqft to 1125 sqft.
  • Price range ₹ 2.97 Cr to ₹ 5.07 Cr.

Construction Progress

✓

New Launch

✓

Under Const.

3

Near Poss.

4

Ready to Move

Floor Plans & Pricing

Select a configuration to update the True Cost calculator below.

2 BHK600 sq.ft. carpet₹ 2.97 Cr
3 BHK900 sq.ft. carpet₹ 4.05 Cr

True cost for the 2 BHK at ₹ 2.97 Cr

True Cost & ROI Engine

Includes all Govt. Taxes & Duty

Base Property Value₹ 2.67 Cr
Stamp Duty (6%)₹ 16.04 L
Registration₹ 30,000
GST (Under Const.)₹ 13.36 L
₹ 59.40 L(20%)

Est. EMI (20 Yrs)

₹ 2.06 L /mo

Loan Req.

₹ 2.38 Cr

5-Year Wealth Projection

Price Intelligence

Merx Icon Price Analysis

This project

₹45.0K/sq.ft.

median across 4 configurations

Mahalaxmi median

₹76.7K/sq.ft.

across 8 other projects we list

Compared with Mahalaxmi

41% below

the locality median price per sq.ft.

Price per sq.ft. by configuration

Mahalaxmi median
  • 2 BHK

    600 sq.ft. · ₹ 2.97 Cr

    ₹49.5K/sq.ft.

  • 2 BHK

    700 sq.ft. · ₹ 3.15 Cr

    ₹45.0K/sq.ft.

  • 3 BHK

    900 sq.ft. · ₹ 4.05 Cr

    ₹45.0K/sq.ft.

  • 3 BHK

    1,125 sq.ft. · ₹ 5.07 Cr

    ₹45.1K/sq.ft.

Green bars are at or below the Mahalaxmi median.

Merx Icon by Merx Realty in Mahalaxmi offers 2 & 3 BHK homes. Listed prices range from ₹ 2.97 Cr for a 2 BHK (600 sq ft carpet) to ₹ 5.07 Cr for a 3 BHK (1125 sq ft). 2–3 BHK listings are around ₹45.0K/sq.ft.; the 2 BHK is listed at ₹49.5K/sq.ft. Prices vary by configuration. The Mahalaxmi median is ₹76,658/sq ft across 8 other projects we list.

PossessionDec 2029MahaRERAP51900080981Similar budgetFlats under ₹3 Cr in Mahalaxmi →

Prices are as listed by the developer and may change; ₹/sq.ft. is calculated on carpet area.

PropX8 Advisory

Property Insights

The numbers that matter, and what to check before you book.

Price per sq.ft.
₹45.0K – ₹49.5K/sq.ft.
Carpet area, by configuration
Location
Mahalaxmi
Mumbai
Possession
Dec 2029
Under Construction
Configuration
2 & 3 BHK
2 types

What to verify before booking

  • Exact inventory

    Which units, floors and facings are actually available today

  • Floor-rise charges

    Per-floor premiums added to the listed price

  • Parking charges

    Whether a car park is included or sold separately

  • Other applicable charges

    Maintenance deposit, society formation, legal and development charges

  • Current possession status

    Whether the occupation certificate (OC) has been received

Amenities & Lifestyle

Swimming Pool
Club House
Kids Play Area
Jogging Track
Amphitheater
Banquet Hall
Indoor games
Gymnasium
Vitrified Tiles
Granite Kitchen Platform
Branded Fittings

Location & Connectivity

  • Metro

    Mahalaxmi

    0.8 km

    10 min walk

  • Railway station

    Byculla

    0.3 km

    4 min walk

  • Airport

    Mumbai Airport (Terminal 2)

    18 km

    19 min drive*

  • Highway

    Western Express Highway

    11 km

    10 min drive*

  • Business district

    Bandra Kurla Complex

    13 km

    13 min drive*

  • School

    Byculla School

    0.3 km

    4 min walk

  • Hospital

    Dr. Babasaheb Ambedkar Memorial Central Railway Hospital

    0.8 km

    9 min walk

Road distances from the project's map location. *Drive times assume no traffic; peak-hour travel in Mumbai usually takes considerably longer. Walk times at 5 km/h. Data: © OpenStreetMap contributors, routing by OSRM.

Home Loan Offers

EASY HOME LOANS

Get exclusive interest rates starting from 8.35%* from our partner banks.

Aditya Birla Capital
Interest Rate8.50%*
Axis Bank
Interest Rate8.45%*
Bajaj Finserv
Interest Rate8.35%*
Bank of Baroda
Interest Rate8.40%*
Citi Bank
Interest Rate8.65%*
HDFC Bank
Interest Rate8.35%*
ICICI Bank
Interest Rate8.40%*
LIC Housing Finance
Interest Rate8.50%*
SBI Home Loans
Interest Rate8.35%*
Kotak Mahindra
Interest Rate8.40%*
PNB Housing
Interest Rate8.40%*

Frequently Asked Questions

What is the price of Merx Icon?

Prices at Merx Icon start at ₹ 2.97 Cr for a 2 BHK of 600 sq.ft. carpet. Starting prices by configuration: 2 BHK ₹ 2.97 Cr, 3 BHK ₹ 4.05 Cr.

What floor plans and configurations are available at Merx Icon?

Merx Icon in Mahalaxmi has these floor plans listed: 2 BHK from 600 sq.ft. carpet, starting at about ₹ 2.97 Cr; 3 BHK from 900 sq.ft. carpet, starting at about ₹ 4.05 Cr. Prices are the lowest listed price of each configuration; floor-rise, parking and other charges may be extra. The layouts are in the Floor Plans & Pricing section of this page.

What is the carpet area at Merx Icon?

Carpet areas range from 600–1,125 sq.ft.: 2 BHK 600 sq.ft., 3 BHK 900 sq.ft.

When is possession of Merx Icon?

The listed possession date is Dec 2029 and the project is shown as Under Construction. Confirm the occupation certificate (OC) status with the developer before booking.

What is the RERA number of Merx Icon?

Merx Icon is registered with MahaRERA under P51900080981. You can verify it on the MahaRERA website.

Who is the developer of Merx Icon?

Merx Icon is developed by Merx Realty.

What is the estimated all-in cost at Merx Icon?

For the starting price of ₹ 2.97 Cr, the estimated all-in cost is about ₹ 2.97 Cr: a base property value of ₹ 2.67 Cr, stamp duty (6%) of ₹ 16.04 L and registration of ₹ 30,000, plus 5% GST of ₹ 13.36 L for an under-construction home. Floor-rise, parking and other charges may be extra, so ask the developer for the final cost sheet.

How much is the estimated EMI for Merx Icon?

On the starting price of ₹ 2.97 Cr, a 20% down payment (₹ 59.40 L) leaves a loan of ₹ 2.38 Cr. At 8.5% for 20 years, the EMI is about ₹ 2.06 L per month.

Where is Merx Icon located?

Merx Icon is in Nr Mahalaxmi Stn, Jacob Circle, Mahalaxmi, Mumbai. By road it is 800 m from Mahalaxmi metro, 300 m from Byculla railway station, 10.5 km from Western Express Highway.

Is there any brokerage when buying Merx Icon through PropX8?

No. PropX8 charges buyers zero brokerage on Merx Icon.

Merx Icon

By Merx Realty

Configuration2 & 3 BHK
Carpet Area600–1,125 sq.ft.
PossessionDec 2029

Starting Price

₹ 2.97 Cr onwards

RERA Registered

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