Parel, Mumbai

Parel, Mumbai Real Estate - Properties for Sale & Rent, Updates, News & Reviews

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Expert Reviews on Parel

Parel is centrally located. All facilities available. All banks and big hospitals are nearby.

Pros:
  • All banks available
  • Major hospitals nearby
Posted: by

Parel has become a residential hub, as it is close by to Lower Parel which is now declared as a commercial hub,
Its a locality with good accessibility with less traffic. The factory outlets, malls, multiplex, hospital, schools all are at a walkable distance which makes it a comfort zonal locality. Keeping all this in mind, All the leading developers have come here with their projects like kalpataru, Ashoka-Peninsula, PIRAMAL, Anchor, L&T & many more..

Pros:
  • Good Location
  • A silent and open space,
  • Good accessibility

Parel is a very well connected centrally located areas of Mumbai, there is a very recent demand in the market for properties in and around Parel with good Factory outlet shopping area.

Pros:
  • Very good connectivity
  • Low traffic area
  • Centrally Located
Cons:
  • Near to Income Tax office
  • More of Corporate based business zone
Posted: by

Parel is an upcoming Business Hub. Surrounded by Hospitals. Connected by railways and public transport.

Pros:
  • Major Playing Grounds for children & elders.
  • Best Location
Cons:
  • Overly Crowded at Peak Hours.
Posted: by

A center of connectivity to almost all places. Parel is very well located one of the fastest developing neighborhoods at Mumbai. This area was dominated by textile mills near by Ashok Towers one of the tallest buildings in Mumbai.

Pros:
  • Availability of good shopping centers, stores, cinema halls, schools
  • Well Planned Area
  • Well Connected with City

Parel is a sweet spot in the Mumbai city. This place is enclosed by the western and central railways on its west and the Harbour railways on its eastern side. All the three railways are easily accessible from Parel and also the new mono rail cuts across this place. Many newcomers to Aamchi Mumbai mistake Parel to "Lower Parel" (Lower Parel is a different station on western railway line) and many also call this as "Upper Parel"!. Parel has a representing station called 'Elphinstone' on the western line and 'Parel' on the central railway line. Both these stations are connected internally and many wise people use these stations to move across from western to Central and vice versa to avoid the ever crowded Dadar station.
Brief history on Parel -- Parel has been a bustling place since the time I grew up here in the 70s. Earlier many of the vast landscapes were primarily consisted of mills and chawls of the laborers working in these mills. From the beginning of this decade the land scape and the sky line of Parel has changed boasting many prominent residential complexes, 5 star hotels and so on.
Parel is also known for various govt / municipal hospitals & med colleges acclaimed for serving people from all back grounds across the Asian continent. Hospitals like KEM (King Edward Memorial hospital), Wadia (maternity, for children) , Tata Memorial (prominently for cancer research and cure) , and few others are here since decades. Parel also boasted an independent shopping plaza since the 80s where in we could go and pick and choose items we want from the shelves using a basket / shopping cart . This place is called 'Apna Bazar' and has been run on a cooperative basis many years before the mall culture hit India. Almost every thing in one place for a middle class family is available . Parel also has a famous football maidan called St Xaviers football ground. A court (for legal matters) and couple of huge grounds are other attractions / land marks of Parel.

Pros:
  • Connectivity, at the centre from almost all places in Mumbai.
  • Several hospitals and railway stations nearby.
  • Many prominent residential complexes, 5 star hotels and so on.
Cons:
  • Lot of construction going on (mono rail , new buildings and so on).
Posted: by
Parel, Mumbai is rated 8 out of 10 based on 6 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.
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Parel, Mumbai News

  • Mumbai: Delivery executive held for stealing parcels worth Rs 58,000
    - Mumbai: A 25-year-old man, associated as a delivery executive with a private company, was arrested on Friday for allegedly committing theft of parcels. The accused used to himself generate bogus ... more
  • Mumbai: Western Railway launches first of two girders of Delisle bridge at Lower Parel
    - In a major boost to infrastructural upgrades and to enhance the safety of train operations over the Mumbai suburban section, Western Railway has successfully undertaken the launching of a girder of ... more
  • Tribunal cannot differ from its own decisions In case of same Assessee
    - HC held that Tribunal cannot differ from earlier order of Tribunal in assessee’s own case and follow the order of Tribunal in another assessee. more
  • Dirt of the party is gone, Aaditya on rebels
    - The rally is part of a series of such meetings to be organised by the Yuva Sena at every party division in Mumbai to keep the cadre intact in the backdrop of Eknath Shinde's rebellion and the upcoming ... more
  • Govt hospitals in Mumbai offering affordable treatment to cancer, infectious diseases
    - The Maharashtra government has taken ample steps to establish, fund and manage hospitals to provide suitable medical treatment at affordable costs in Mumbai ... more
  • A combative Aaditya names and shames rebels
    - Mumbai: Hours after the Shiv Sena’s national executive affirmed faith in the leadership of Uddhav Thackeray, his heir apparent Aaditya Thackeray made his own outreach to party workers at Mahalaxmi ... more
  • Documentary | Rising Waters and Sinking City: Mumbai Against the Tides
    - India’s financial capital, city of million dreams, the maximum city, and the city of mouth-watering vada pavs – is fast becoming India’s sinking city. Reports by several national and international ... more
  • Mumbai: Local train services on WR disrupted due to Delisle ROB girder launching work
    - The block will start on the intervening night of Sunday i.e.1 9th June 2022, and Monday i.e. 20th June, 2022 and will go on till next five days ... more
  • Southern Slice | Maharashtra Mutiny And Karnataka Commotion — The Terrific Tales of Escaped MLAs
    - While Indian politics and drama will continue to remain soulmates, one should also understand that the voters are watching ... more
  • Mumbai Diary: Saturday Dossier
    - Twelve years ago, Mumbai restaurateur Pankaj Gupta found himself in the precinct ... he is going to dedicate Thursdays at their Lower Parel and Ghatkopar outlets to the guru seva thali. The massive ... more
  • Mumbai: Western Railway launches first Delisle ROB girder
    - Western Railway has launched the first Delisle ROB girder at Lower Parel, which is one of the longest 90 mts ... controlled strand jacks for the first time on WR. Also Read: Mumbai: Local train ... more
  • After night-long search, minister Gulabrao Patil gives Shiv Sainiks the slip, reaches Guwahati
    - The Shiv Sena, meanwhile, has asked local shakha pramukhs and prominent party leaders in Mumbai to keep an eye on all the MLAs who are still in Mumbai. more

Price Trends in Parel, Mumbai

Apartments / Flats for sale in Parel, Mumbai

* Disclaimer: Data may be approximate.
Also known as: parle, Parla (E), Mirchol, kalpataru habitat, Lodha Venezia Parel, Kamla Nagar, Parel Village, K.E.M. Hospital

Projects in Parel

L&T Crescent Bay

L&T Crescent Bay - Parel, Mumbai

  • Lifetime of uninterrupted view of the Arabian Sea and the skyline of the City
  • L&T Crescent Bay is presented by L&T Realty at Parel, Mumbai offers residential project that hosts 2/3 and 4 BHK apartment with good features
  • Completion Status: Started (Completion Date: Mar, 2022)
Peninsula Ashoka Towers

Peninsula Ashoka Towers - Parel, Mumbai

  • Designer Homes
  • Peninsula Ashok Towers located at Parel, Mumbai has changed the face of Parel and the image of residential properties here by providing luxury apartments with world-class amenities.
  • Completion Status: Completed (Completion Date: Dec, 2009)
Ruparel Ariana

Ruparel Ariana - Parel, Mumbai

  • 2 & 3 BHK apartments for sale in Ruparel Ariana
  • Ruparel Group presents Ruparel Ariana with 2 & 3 BHK apartments for sale in Parel, Mumbai
  • Completion Status: Started (Completion Date: Apr, 2015)
Dosti Belleza

Dosti Belleza - Parel, Mumbai

  • Belief in the beauty of your dreams
  • Dosti Belleza by Dosti Realty at Parel in Mumbai offers residential project that host 2 bhk and 3 bhk apartment in various sizes.
  • Completion Status: Started (Completion Date: Dec, 2020)
Lodha Venezia

Lodha Venezia - Parel, Mumbai

  • 2 BHK, 3 BHK And 4 BHK Luxury Apartments
  • Lodha Venezia is one of the popular residential developments in Parel, neighborhood of Mumbai. It is among the ongoing projects of Lodha Group.
  • Completion Status: Started (Completion Date: Dec, 2016)
Sanaya Krish Royale

Sanaya Krish Royale - Parel, Mumbai

  • 1, 2 & 3BHK Premium Residential-cum- Commercial Complex in Parel, Mumbai
  • Sanaya Realties offers beautiful 1bHK, 2BHK & 3BHK residential cum commercial complex in Sanaya Krish Royale at Parel, Mumbai.
  • Completion Status: Started (Completion Date: Dec, 2016)
Peninsula Ashok Gardens

Peninsula Ashok Gardens - Parel, Mumbai

  • Luxurious Residential Complex
  • Peninsula Ashok Gardens, a luxurious residential complex in Upper Parel, presents its residents with a choice of exclusive homes and lifestyle amenities.
  • Completion Status: Started (Completion Date: Dec, 2011)
Lodha Codename Hidden Jewel

Lodha Codename Hidden Jewel - Parel, Mumbai

  • 2 & 3 BHK apartments for sale in Lodha Codename Hidden Jewel
  • Lodha Codename Hidden Jewel presented by Lodha Group with 2 & 3 BHK apartments for sale in Parel, Mumbai
  • Completion Status: Started (Completion Date: Dec, 2017)
Lodha Codename Oriente

Lodha Codename Oriente - Parel, Mumbai

  • 2 & 3 BHk Apartment - excellent location in Pael, Mumbai
  • Lodha Codename Oriente is ongoing project of Lodha Group, offering 2 & 3 BHK sky residents in Parel, Mumbai. Its sizes are ranging rom 1332 sq ft to 2034 sq ft.
  • Completion Status: Started (Completion Date: Dec, 2016)

Properties for Sale in Parel

Office Space for sale in Sewri, Mumbai

120 crores
Office Space for sale in Sewri, Mumbai
  • 32972 SqFeet Office Space @ Rs.36395/SqFeet
  • ID: P64410641 — Posted: by Abid ali shaikh
  • Available whole building sale At SEWRI 32972sqft. Sale Rs.120 Crs. Basement2+5
  • Available Premium Commercial Building Sale At Sewri - Sale Price 120 Crores (Negotiable) Total Floors : 2 Basements Ground + 5 Floors With 15 Car Parking in the building Total Area 32972 Sqft. Carpet Sale Price Rs.120 Crores Neg. Genuinely Interested Direct Party Client Can Only ... more details

2 Bedroom Flat for sale in Ruparel Ariana, Parel, Mumbai

3.5 crores
2 Bedroom Flat for sale in Ruparel Ariana, Parel, Mumbai
  • 1340 SqFeet Apartment @ Rs.26119/SqFeet
  • ID: P62277209 — Posted: by manoj suresh Bhatia
  • 2 bhk flat for sale in Mumbai (Ruparel Ariana)
  • PAREL’S VERTICAL MASTERPIECE. FOR THE LORDS OF PREMIUM LIFESTYLE. Behold the splendour of Ruperal Ariana. Where luxury is redefined. Where every inch is moulded to perfection. And where unstinting luxury speaks about the grandness, sprawled all around it. With its massive height making ... more details
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Rental Properties in Parel

Shop for rent in Parel, Mumbai

45,000
  • 180 SqFeet Shop @ Rs.250/SqFeet
  • ID: P53341044 — Posted: by Neeta Loke
  • Shop For Rent
  • The Shop is available for rent. The shop is at prime location and well suited for Garments, Grocery, Mobile, ATM, Clinic, Salon, Pharmacy etc. more details

Office Space for rent in Lalbaug, Mumbai

1.5 lakh
Office Space for rent in Lalbaug, Mumbai
  • 1400 SqFeet Office Space @ Rs.107/SqFeet
  • ID: P60410555 — Posted: by Meenal Sinha
  • Ready to move-in office at Lalbaug
  • Carpet Area: 1400 sq ft Plus Mezzanine Area: 500 Sqft Approx The office has: 1. Directors/owner’s cabin 2. 6-seater Conference/Meeting room 3. 25+ seats / Workstation space 4. Big reception area - 13.75 ft height 5. Small pantry Area 6. Ample storage and filing space 7. 4 ... more details