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Parel

Maharashtra, India, 400012

Parel is an in Central Mumbai Suburbs, Mumbai, Mumbai Metropolitan Region, Maharashtra, India, 400012.

Lower Parel (1.84 Km), Chinchpokli (1.94 Km), Dadar East (2.37 Km), Prabhadevi (3.06 Km), Worli (3.19 Km) are the nearby areas to Parel.

Mumbai are the nearby cities to Parel.

Parel Point of Interests

Connectivity with nearby Parul Real Estate localities

  • Eastern and Western Express Highways and Sea-links
  • Strategic location and railway connectivity
  • Monorail connectivity
  • Access to biggest commercial hub in Mumbai
  • Excellent social infrastructure

Employment hubs near Parul Real Estate

  • Lower Parel is one of the key commercial destinations of Mumbai.
  • Being a part of the Secondary Business District (SBD), it houses dozens of office spaces and serves as a workplace for numerous people.

Schools in Parul Real Estate and other social amenities

Parel offers good social infrastructure to residence. Reputed schools in Parel include the Cama Montessori & Primary School and Helen Keller Institute. Some well-known colleges in Parel are Maharishi Dayanand College of Arts, Science and Commerce and Seth GS Medical College. Leading hospitals in Parel include Mahatma Gandhi Memorial Hospital and Global Hospitals. High Street Phoenix and Palladium Mall are some of the popular malls in Parel.

Physical infrastructure in Parul Real Estate

Upcoming big ticket projects in Parel promise to develop the area even more in the coming years.

Famous Places in Parel

  • Mukta A2 Cinemas
    Ghodapdeo, Byculla East, Parel, Mumbai South , Mumbai, Mumbai Metropolitan Region
  • Gold Cinemas
    Radhika Saikripa Co-op Society, Gautam Nagar, Parel, Mumbai South , Mumbai, Thane District
  • Tata Memorial Hospital
    Parel, Central Mumbai Suburbs, Mumbai, Mumbai Metropolitan Region

Price Trends for Parel

  • Buy
  • Rent
Avg. Price / Sqft
₹28,610 -7.47% Y-o-Y
Price Range / Sqft
₹7,326 - ₹52,000
0See price trends in Parel

Frequently Asked Questions

What are the best hospitals in/around Parel?

The best hospitals in and around Parel are:
  • King Edward Memorial Hospital
  • Bajaj Orthopaedic Hospital
  • Haji Bachu Ali Eye Hospital
  • Sameer Dikshits Maternity And Gynac Hospital
  • J J Hospital
See all hospitals in Parel.

Are there ATMs in Parel?

Yes, there are 15+ ATMs in Parel. See all ATMs in Parel.

Is there a metro station in/near Parel?

The nearest railway/metro station around Parel is
  • Elphinstone Road Railway Station
  • Central Railway Ground
  • Parel
.

How many properties are available for sale in Parel?

There are 771+ properties for sale in Parel.

How many properties are available for rent in Parel?

There are 719+ properties for rent in Parel.

What is the average price per sq.ft for a property in Parel?

The average price per sq.ft in Parel is Rs. 28,561. Check out Property rates in Parel.

What is the year on year trend for property rates in Parel?

The year on year property price trend in Parel is 7.64% fall.

Is there a shopping mall in Parel?

Yes, there are 46+ shopping malls in Parel. See all shopping malls in Parel.

What are the top restaurants in/around Parel?

The best restaurants in and around Parel are:
  • Big Daddy
  • Akshaya Restaurant
  • Mo Po Malvan
  • Flavours Of China
  • Hotel Dayanand
.See all restaurants in Parel.

What are the best schools in/around Parel?

The best schools in and around Parel are:
  • Parel English School
  • JBCN Education
  • Shree Sarvajanik Balmandir School
  • Sai Baba path Mumbai Public School
  • Railway Institute
See all schools in Parel.

Featured Collections in Parel

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Top Developers

Lodha Group
5
Projects
Developer Profile

Lodha Group is among the foremost real estate developers in Mumbai. Established in 1980, the developer etched its name in the history by recording one of the biggest land deal in India when it purchased a plot in Wadala worth Rs 4,053 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). It has also been rated as a profitable real estate player and the largest by sales for three consecutive years apart from being endowed with awards for marketing excellence.

In addition to delivering world-class housing solutions in Mumbai, Lodha Group has expanded its presence in the luxury segment of Pune, Hyderabad and Bangalore as well as the United Kingdom. With 38 years of remarkable journey in the industry, the builder has engaged in strategic forays into all asset classes including residences, IT Parks, townships, offices, weekend retreats and retail spaces.

Experience and Strengths

With a vision of 'Building a Better Life', Lodha Group promotes ‘leadership through innovation’ and has spearheaded several landmark developments such as World One - the world's tallest residential tower, and the Palava City - the first Greenfield Smart City in the country. The group was honoured with the Green Good Design Award 2012 for World One. It won 5 STAR for Best Interior Design for project Lodha Fiorenza.

Led by chairman and founder, Mangal Prabhat Lodha, the company has attained new heights in building outstanding properties that are at par with global standards. The builder strives to create a quality lifestyle and make a difference in the lives of people across all segments. Lodha Group successfully launched its value luxury sub-brand CASA to cater to the mid-income group. With a host of designer residences, the developer has ensured to fulfil the lifestyle needs of many buyers of luxury homes.

Lodha Group crossed a direct employee strength of 3,000 in 2013. A committed management team, equipped with extensive technical expertise and domain knowledge, works towards providing timely and high-quality solutions for its clients. The developer exhibits a passion for going the last mile in order to seek excellence and exceed customers’ expectations. It complied with its corporate values of integrity and ethics when dealing with all the stakeholders.

Projects

Lodha Group has launched over 164 residential projects and is working on 85 ongoing projects. The builder holds the merit of delivering over 35 million sqft of real estate space accounting for about 30 projects in and around Mumbai (from Napean Sea Road to Dombivali).

The Palava city by Lodha Group is an over 4,000-acre integrated city which is set to be one of the world's top 50 most liveable cities. Residential units by the group include 2 and 3BHK apartments of sizes 500 sqft to luxury roomy 4BHK villas of size 5,000 sqft.

Lodha Venezia
The Lodha Hidden Jewel
Kalpataru Group
2
Projects
Developer Profile

Kalpataru Limited is an award-winning real estate developer who has delivered landmark projects across Mumbai, Thane, Pune and Hyderabad. The builder has expertise in the development of premium residential towers, gated communities, townships and office spaces.

Established in 1969, it is a part of Kalpataru Group which is a leading conglomerate in the field of Power Transmission and Distribution, Civil Infrastructure, Real Estate and Logistics. Kalpataru Limited has won various awards for its residential projects such as the Times Realty Icon Awards 2017 for Kalpataru Solitaire - Super Luxury Homes in Western Suburbs and other such state-of-the-art projects that have reshaped the city skylines.

Experience and strengths

An experienced leadership team headed by Founder and Chairman, Mofatraj P. Munot, and Managing Director, Parag M. Munot, has carved the success path of Kalpataru Limited. ISO certified since 1998, the builder endeavours to be the benchmark brand in quality real estate development through constant innovation, using cutting-edge technologies, capturing customer insights and global benchmarking.

Led by a dedicated workforce of 1,350 employees, Kalpataru Limited is focused on its strong values of ethics, quality, prudence, humility, respect and transparency. The developer is steadfast in its objective of becoming the most admired brand and industry-leader while also fostering long-term relationships with its stakeholders. It has been instrumental in fulfilling the lifestyle goals of over 17500 families. The company has collaborated with renowned national and international architects and offered contemporary residences that exude thoughtful designs and high-end features along with a range of modern amenities.

Among the firsts to adopt eco-friendly construction methodologies, Kalpataru Limited has worked towards building a sustainable environment and developed Asia’s first and the world’s sixth Platinum LEED-certified commercial building. The builder attained phenomenal success when it delivered the Mumbai’s tallest residential tower in the 1970s, thus setting a record. It also introduced the concept of 1.5 bedroom homes which has become popular.

Projects

In a span of 50 years, Kalpataru Limited has successfully completed over 105 projects. It has delivered a total real estate space of 18 million sqft while it is working on around 25 million sqft of space which is under planning and development stage. Some of the popular residential projects by the developer are Kalpataru Pinnacle and Kalpataru Sparkle which won the ‘Best Residential Project in MMR’ awards at the CNBC AWAAZ Real Estate Awards in the Ultra-luxury segment (2014) and Luxury Segment (2016-17), respectively. The builder provides residential properties of 2BHK, 3BHK and 4BHK layouts with sizes starting from 800 sqft and spanning over 3,000 sqft.


Kalpataru has been in the industry since the past 50 years.
105 completed landmark projects.
Over 19.5 lakh sq. m. of area delivered.
17,500 happy families.

The Kalpataru Group is enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Kalpataru employs over 2,40,000 people across 100 countries.

Kalpataru Habitat
Kalpataru Avana

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