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Last updated: Jul 2, 2024

Neelam Vardhaman Estate

By Neelam Realtors
Lalbaug, Near Parel, Mumbai, Central Mumbai Suburbs, Mumbai
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Neelam Vardhaman Estate 2D 1
2 BHK Apartment
Configuration
Ready to Move
Possession Status
Price on request
Avg. Price
1200 sq.ft
(Builtup Area)
Size
Overview/Home
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Neelam Vardhaman Estate
Property Location
Lalbaug, Near Parel, Mumbai, Central Mumbai Suburbs, Mumbai
Around This Project
School
Bombay Scottish School, Mahim
Hospital
Gleneagles Hospital Mumbai
3 mins
(1.7 km)
Restaurant
Mumbai Ladu Samrat
Mall
Phoenix Palladium
Bus Stand
N.M. Joshi Marg Police Station Bus Stop
3 mins
(1.7 km)
View more on Maps

Neelam Vardhaman Estate Overview

Size
1200 sq.ft.
Project Size
2 Buildings - 144 units
Avg. Price
Price on request
Possession Status
Ready to Move
Configuration
2 BHK Apartment
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More About Neelam Vardhaman Estate

Looking for Apartment in Parel, Mumbai?. Neelam Vardhaman Estate is a project by Neelam Realtors. The project is offering 2 BHK. Neelam Vardhaman Estate is a Ready to Move residential project. There are 144 units. There are 2 buildings in this project. As per the area plan, units are in the size of 1200.0 sq.ft.. Neelam Vardhaman Estate is located in Lalbaug, Near Parel, Mumbai.

Neelam Vardhaman Estate offers a host of facilities for residents. This includes Gymnasium. For families with kids, there is Children's Play Area, nearby apart from Swimming Pool. There is 24x7 Security. These amenities in Neelam Vardhaman Estate are those that every homebuyer aspires for!.

For home loans, interested buyers can seek financing from major banks like HDFC, LIC Housing Finance, Punjab National Bank .

Parel is well-connected to other parts of city by road, which passes through the heart of this suburb. Prominent shopping malls, movie theatres, school, and hospitals are present in proximity of this residential project.

Show More About Project

Price & Floor Plan

  • 2 BHK Apartment
  • 1200 sq.ft
Price on Request
Neelam Vardhaman Estate Floor Plan: 2 BHK Unit with Built up area of 1200 sq.ft 1
Builtup Area
1200 sq.ft
Possession Status
Ready to Move
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Photos & Videos: Tour this project virtually

Project Tour & Photos
Neelam Vardhaman Estate More Images 1
+1
Neelam Vardhaman Estate 2D 1

Project Amenities

Children's Play Area
Swimming Pool
Indoor Games
Landscaping & Tree Planting
Rain Water Harvesting
24x7 Security
Gymnasium

Project Specifications

Floor & Counter

Living/Dining Granite Marble
Master Bedroom Marble Granite Tiles
Other Bedroom Granite Marble
Kitchen Granite Marble
Toilets Granite Marble
Balcony Granite Marble

Fitting

Toilets Concealed Plumbing
Kitchen Granite platform with stainless steel sink
Windows Powder Coated Aluminium Sliding

Wall & Ceiling

Interior Cement Plaster
Exterior Acrylic Paint
Kitchen Ceramic Tiles
Toilets Designer Tiles

Resident reviews for

Parel
4.4/5
Project
Locality

Tips

Now you can see Rating & Review in one place for both Project & Locality!

Ratings based on features

4.4/5

Connectivity

4.4/5

Neighbourhood

4.3/5

Safety

4.4/5

Livability

Good things here

Close to hospitals, schools, colleges
Affordable housing options
Excellent connectivity

Things that need improvement

High pollution levels
Outdated drainage systems
Congested narrow lanes

All resident reviews (21 reviews)View All

Gautam

Owner | 1 year ago

4.8

Good things here

Parel, Mumbai is a fantastic area offering a perfect blend of connectivity, lifestyle and modern amenities. It boasts excellent public transport options including easy access to the local railway, buses and major highways making commuting convenient. The residential areas are well planned with various housing options catering to different budgets. Societies in Parel are well maintained offering facilities like gyms, swimming pools and parks making it ideal for families. The area is home to top-notch healthcare facilities like Global Hospital and CAME Hospital. Ensuring medical needs are well covered, several reputed schools make it a great choice for families with children. For shopping and entertainment, High Street, Phoenix Mall and local markets offer a wide range of options. Parel safety and security are commendable with well-lit streets and active surveillance.read more

Things need improvement

Parel, Mumbai, while centrally located, faces issues like heavy traffic congestion, especially during peak hours, making commuting stressful. The area is densely populated, leading to overcrowded public spaces and limited parking. Noise and air pollution are persistent concerns due to ongoing construction and industrial activity nearby. Though there are good facilities, they often come at a premium, making it expensive for many. Additionally, the rapid development has compromised greenery, and the roads can be narrow and poorly maintained in some parts.read more

Satyam Sah

Owner | 1 year ago

4

Good things here

Parel offers a blend of historic charm and modern convenience. once known for its industrial past, the area has transformed into a vibrant neighbourhood with a strong community fail. the Central location makes accessing various parts of Mumbai easy, and the infrastructure improvement have made community more manageable, the local Aminties is also a highlight.read more

Things need improvement

there are frequent traffic jam and a lot of air pollution are congested by the running vehicle on the road so the noise pollution are also increased.read more

Suarya Singh

Owner | 1 year ago

3.5

Good things here

everyone knows each other. This strong sense of belonging and support makes it feel like a small town in the heart of the big city. Unlike the bustling parts of Mumbai, Parel village offers a rare sense of peace and tranquility. The area is relatively quiet, making it a haven from the city's constant noise.read more

Things need improvement

While the old-world charm of Parel Village is appealing, it also means that it lacks some of the modern infrastructure found in newer parts of the city. Issues such as outdated drainage systems and occasional power cuts can be inconvenient. The narrow lanes, while charming, can become congested during peak hours, making it difficult to navigate through the village.read more

bijsy

Owner | 1 year ago

4.8

Good things here

my friend is taking home cause you study in college is driver very long and he take room I think room is very nice for his money also no high Bajaj for hisread more

Things need improvement

my friend is telling this room is very scared because he is very darpok he also saying for stay me I am know staying because I am is going home I cannot understand himread more

kailash

Owner | 1 year ago

5

Good things here

The locality boasts excellent schools and colleges providing residents with access to quality education and opportunities for academic advancement. This society is such a awesome society. I am living here from last one year. I have never face any problem since I am living here. There are so many reasons to love this society. Street lights are installed everywhere and feel safe in night. Highly recommended society. public transport easily accessible no water logging on roads wide and spacious roads metro station nearby great schools and colleges are nearby malls and market place nearby.read more

Things need improvement

in night outside of house not safe sometimes crime activities happened so be careful in night outside of house. Poor road conditions and potential road blockages during rainy days which could lead to inconvenience and transportation issues.read more

View All

21 Reviews

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Price Trends for Parel

(Apartments)
-1.48%
depreciation in avg. price / sq.ft (Built-up Area) for Parel in last 1 year

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Locality(Apartments)
Parel
-1.48%
Last 1 Year
₹36.3 K/sq.ft
Avg. rate
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Property Registery Records of Neelam Vardhaman Estate

Government Registered Transactions & Property Rates

See more registration records in Neelam Vardhaman Estate

Recent Registries in Neelam Vardhaman Estate

Data Source : Maharashtra Government

Date
Agreement Price
Area(sq.ft)
Rate/sq.ft
Flat & Floor No.
Tower
Transaction Type
7 Dec, 2025
View Price
851 sq.ft

super built-up area

8th    Floor
1-A
sale
7 Dec, 2025
View Price
-

702
2-WING
sale
7 Dec, 2025
View Price
675 sq.ft

super built-up area

301, 3,    Floor-
rent
7 Dec, 2025
View Price
539 sq.ft

super built-up area

303
Name:D
sale
7 Dec, 2025
View Price
539 sq.ft

super built-up area

303, 3rd    Floor
2-D
sale
Realtime Updates

Learn about new registry records in Neelam Vardhaman Estate

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Explore Neighbourhood - Map View

Locality Guide
for Parel, Mumbai

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Crown Palace
Lalbaugcha Raja Sarvajanik Ganeshotsav Library
Bai Jerbai Wadia Hospital For Children
Mahadikar kalpana Udyan
ICICI Bank - Currey Road Branch
+
27 More
Parel is in the neighbourhood of Mumbai, under the Mumbai District of Maharashtra. The place got its name from the Parali Vaijanath Mahadev Shiva temple. It is part of the Secondary Business District (SBD). Its coordinates are 18.9977° N 72.8376° E. With a population of 146056, the size of the area is around 4.06 square kilometres. The climate of Parel is tropical, with dry and wet seasons and is moderately hot with high humidity levels. Marathi is the official language, however, Hindi is also spoken. Infrastructure and Details The area is under the administration of the Municipal Corporation of Greater Mumbai for civic amenities. Some of the nearby locations are Lower Parel (1.84 Km), Chinchpokli (1.94 Km), Dadar East (2.37 Km), Prabhadevi (3.06 Km) and Worli (3.19 Km). The nearest airport is Chhatrapati Shivaji International Airport at 8.2 km from Parel. The nearest Railway Station is Mumbai Currey Road at a distance of 0.79 km The Eastern and Western Express Highways and Sea-links connect this place to the rest of the locations. It has Monorail connectivity to many commercial hubs in Mumbai. Parel and Lower Parel railway stations are on the Mumbai Suburban Railway line. Elphinstone Road railway station is in the neighbourhood. It is part of the Western Line. Parel West is also known as Elphinstone because of its proximity to the Elphinstone Road station. Earlier most of the textile mills in Mumbai used to be operating in this area. There are dozens of office spaces that serve as a workplace for numerous people. Well-known schools in the place are Helen Keller Institute and Cama Montessori & Primary School. Some well-known colleges here are Seth GS Medical College and Maharishi Dayanand College of Arts, Science and Commerce. The leading hospitals here include Global Hospitals and Mahatma Gandhi Memorial Hospital. Palladium Mall and High Street Phoenix are some of the well-known malls in Parel. CCD, MTV’s head office, Maharshi Dayanand College of Arts, Science and Commerce is next to the MTV office, ITC grand central hotel, and Mahatma Gandhi Hospital are in Parel. Property in Parel The properties here are in the configuration of 1BHK, 2BHK, 3BHK & 4BHK flats and 5BHK Duplex flats. The sizes range from 276 sq. ft. to 758 sq. ft. for 1BHK flats to 2000 sq. ft. and above for larger configurations. Read More
Parel is well connected to several areas in Mumbai through the Western Express Highway and Eastern Express Highway more
The latter is just 12 minutes away from the locality through the King's Circle Flyover and the Bandra-Worli Sea Link lies just 19-20 minutes away from it more
The group has built a commercial tower in Mafatlal Mills compound
residential development in Worli
development of commercial towers in Parel
What is good here
  • railway connectivity from Mumbai Suburban Railway Station
  • road infrastructure is good as Parel is a main spot on the Lalbagh Flyover
  • road condition is excellent
  • Parel is a very safe locality and well connected with the other parts of the city
  • 721 LED Street Light Manufacturers near Haffkine Institute-Parel
  • continuous police patrolling provided by the nearby police stations
  • BMC Garden & Children's Park is one most known amusment park in the locality of Parelread more
  • Parel is very hygienic place to live with low diseases
  • pollution rate is very low in Parel with 35 AQI
  • Price of residential buidlings are very high
  • office space is available for rent at an affordable price of Rs 55,000
  • no highway connected to Parel
Compare Properties
EMI starts at
STATUS
NA
POSSESSION BY
NA

AMENITIES

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Piramal Aranya Wing B
Byculla, South Mumbai, Mumbai
2 BHK Apartment
768sq.ft
Piramal Aranya Wing B Project Images
RERA
₹3.85 Cr
₹50.09k/sq.ft
STATUS
Under Construction
POSSESSION BY
Dec 2025

AMENITIES

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RUPAREL VIVANZA
Byculla, South Mumbai, Mumbai
2 BHK Apartment
635sq.ft
RUPAREL VIVANZA Project Images
RERA
₹2.33 Cr - 2.43 Cr
₹36.65k/sq.ft
STATUS
Under Construction
POSSESSION BY
Nov 2027

AMENITIES

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Piramal Aranya
Byculla, South Mumbai, Mumbai
2 BHK Apartment
724sq.ft
Piramal Aranya Project Images
RERA
₹3.72 Cr
₹51.39k/sq.ft
STATUS
Under Construction
POSSESSION BY
Dec 2027

AMENITIES

Request Detail

About Developer

NR

Neelam Realtors
1978
Year estd.
29
Projects

Neelam Realtors is an eminent company that has a prominent and prolific history since 1978. With professionalism, dedication and hard work the company’s employees and officials have carved for themselves a unique niche which offers them and their landmarks success, recognition and trust. Neelam Realtors is a versatile company that has catered quality and luxurious residencies to a vast range of social stratum. Most of the company’s projects are luxuriant residencies that have produced many elated home owners; however, this company has also developed the slum areas to provide quality residencies to all the residents of the city.
Read More
Possession status:
Ready to Move
In 3 years
Beyond 3 years
Neelam Solstice
2.83 Cr - 3.05 Cr
Neelam Solstice
2, 3 BHK Flats
Nalanda Nagar, Ramabai Ambedkar Nagar,Mumbai
Neelam Spiro Tower
2.99 Cr - 3.87 Cr
Neelam Spiro Tower
3 BHK Flat
Neelam Nagar, Mulund East,Mumbai

Curated Solutions

Questions and Answers
Get answers to your un-answered questions.
Disclaimer: While Housing.com takes all steps to ensure accuracy of the information provided in this section, please check the same with the developers. Housing.com does not take responsibility for any discrepancies in the information provided.

Frequently Asked Questions

What is the pin code of Neelam Vardhaman Estate?

Neelam Vardhaman Estate is a residential project by Neelam Realtors located in Parel, Mumbai, Maharashtra. The pin code for Neelam Vardhaman Estate, Parel, is 400012. This locality has top schools like Bombay Scottish School, Mahim, Dr. Antonio Da Silva High School and Junior College of Commerce and healthcare centers like Gleneagles Hospital Mumbai, NH SRCC Children's Hospital, Mumbai.

How many units are available in Neelam Vardhaman Estate?

Neelam Vardhaman Estate comprises 144 residential units across 2 tower(s). Currently, you can find around 3 rent & resale apartments in Neelam Vardhaman Estate on Housing.com. These include options in 2 BHK configurations depending on availability.

How many floors are available in Neelam Vardhaman Estate?

There are 2 towers with 18 floors each, in Neelam Vardhaman Estate.

What is the possession status of Neelam Vardhaman Estate?

The possession status of Neelam Vardhaman Estate is Ready to Move.

What are the other projects done by Neelam Realtors in Mumbai?

Neelam Realtors, established in 1978, has successfully delivered 29 projects to date, with 5 of them located in Mumbai.

Some of the other residential projects by Neelam Realtors in Mumbai include:
  • Neelam Solstice
  • Neelam Senroofs Phase Iv Building No D1 Wing A Known As Solana
  • Neelam Supremo Phase I Salvia D Wing
  • Neelam Supremos
  • Neelam Senroofs Phase II

  • Each of these projects reflects Neelam Realtors's commitment to quality construction, contemporary design, and creating vibrant residential communities across the city.

    What are the nearby projects to Neelam Vardhaman Estate?

    Some of the nearby residential projects to Neelam Vardhaman Estate in Parel, Mumbai, include:

    How much is the area of 2 BHK in Neelam Vardhaman Estate?

    The 2 BHK apartments in Neelam Vardhaman Estate, Parel, Mumbai, is 1200 sq.ft. These homes are designed with open balconies, Granite Marble etc.
    See More

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