Parel, Mumbai
Maharashtra, India, 400012
4.4
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Parel is in the neighbourhood of Mumbai, under the Mumbai District of Maharashtra. The place got its name from the... Read More
Quick Insights
301
properties were registered here in last 6 months
750-1000sq.ft.
is mostly preferred in this area
13.56%
increase in price since last 1 year
Why is Parel, Mumbai known
- Parel is a neighbourhood of Mumbai
- Parel used to have a number of textile mills
- Lal Baug Cha Raja
- Parel Factory Outlet Market
- Lalbaug Spice Market
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Insights about Parel, Mumbai
New developments
- Parel is well connected to several areas in Mumbai through the Western Express Highway and Eastern Express Highway
- 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
- residential development in Worli
- development of commercial towers in Parel
- The group has built a commercial tower in Mafatlal Mills compound
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What is good in Parel, Mumbai
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Connectivity
Livability Score
- Mumbai Trans Harbour Link connects Sewri to Nhava Sheva in about 20 minutes, improving regional connectivity
- Eastern Freeway nearby offers a fast route to CST and Chembur, reducing peak-hour travel time
- Strategic location ensures access to corporate hubs like BKC, enhancing professional convenience.
What can be better in Parel, Mumbai
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Connectivity
Safety
- Last-mile connectivity from Lower Parel and Wadala stations is poor; taxis and rickshaws refuse rides during demand surge.
- Kamala Mills fire and Elphinstone stampede highlight safety risks in Lower Parel's adjoining areas.
Government Registered Transaction
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Tejukaya Esparenza
Parel, Mumbai
Registered Sale
15
Registered Rent
0
Recent Registries
Data Source : Maharashtra Government
Bhairaav Blessings
Parel, Mumbai
Registered Sale
34
Registered Rent
0
Recent Registries
Data Source : Maharashtra Government
Infinity Residences
Parel, Mumbai
Registered Sale
102
Registered Rent
0
Recent Registries
Data Source : Maharashtra Government
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