Lower Parel, Mumbai
Maharashtra, India, 400013
4.6
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Lower Parel is a neighborhood located in South Mumbai, India. It is a bustling commercial and residential area that has... Read More
Quick Insights
197
properties were registered here in last 6 months
1750-2000sq.ft.
is mostly preferred in this area
9.66%
increase in price since last 1 year
Why is Lower Parel, Mumbai known
- Many renowned market places and malls nearby, for groceries to luxury products
- Well developed surroundings made of suitable infrastructure based on the public needs
- An area of party hubs and recreational spaces, with perfect fushion of good residual localities
- Well developed area with schools, ATMs, banks and hospitals spread around the area
- Great place to reside within the urbanised housing societies and nearby entertainment areas
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Insights about Lower Parel, Mumbai
New developments
- The Lower Parel bridge is under construction, which can help in improving connectivity and reducing clumsy roads with traffic jams
- Many other minor projects for improving the connectivity system is under discussion
- The existing infrastructure of the neighborhood areas are under development
- New projects are being proposed and shall be executed based on their needs
- Projects for commercial availability are on going in the area, to provide better accomodation and earn profits
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What is good in Lower Parel, Mumbai
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Others
- Railway station on Western Line offers 6-min train access to Mumbai Central every 5 minutes.
- Self-sufficient suburb with co-working spaces, restaurants, shopping malls, luxury shopping, dining, and premium amenities.
- Under-construction projects near Parel Railway Station and Eastern Express Highway indicate future growth.
What can be better in Lower Parel, Mumbai
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Livability Score
- Narrow roads and inadequate parking at Senapati Bapat Marg cause gridlocks during peak hours.
- Area is super expensive compared to Parel East, Naigaon, and Dadar East, unaffordable for many buyers.
- Green spaces are scarce amid the urban hustle, with only small pockets like BMC Garden offering limited walking areas.
Government Registered Transaction
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Chintamani Plus Art
GIP Store Lane, Lower Parel East, Mumbai
Registered Sale
1
Registered Rent
0
Recent Registries
Data Source : Maharashtra Government
Lodha Adrina
Lower Parel, Mumbai
Registered Sale
72
Registered Rent
0
Recent Registries
Data Source : Maharashtra Government
Piramal Mahalaxmi North Tower 3
Lower Parel, Mumbai
Registered Sale
304
Registered Rent
1
Recent Registries
Data Source : Maharashtra Government
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