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Parel, Mumbai

4.0
Very Good

Based on 10+ Rating

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Parel, also known as lower Parel, fast developing residential locality of Mumbai. It is also famous for its prime commercial business Centre in south and office spaces, place for numerous Mumbai residents. As it is located in the central Mumbai, thus, it offers excellent connectivity of this place with other parts of Mumbai via numerous transportation methods. Many builders and residential property developer offers affordable housing with modern amenities. The locality is also flourish with reputed schools, hospitals, banks and ATMs, along with shopping malls and complexes, which further eases the standard of living of the residents.  

Property Rates in December 2024

Property Type Average Price
Independent House : ₹19,769 Sqft
Villa : ₹20,729 Sqft
Plots/Land : ₹23,250 Sqft

Parel Locality Neighbourhood (8)

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Parel Locality Ratings

Environment
Environment 0/5
  • Neighbourhood
  • Roads
  • Safety
  • Cleanliness
Environment
Commuting 0/5
  • Public Transport
  • Parking
  • Connectivity
  • Traffic
Environment
Hubs & Dining 0/5
  • Markets
  • Shopping Malls
  • Restaurants
Environment
Places of Interest 0/5
  • Public Place
  • Monuments
  • Religious Places
Environment
Institutions & Administration 0/5
  • Hospitals
  • Schools
  • Colleges
  • Police Stations
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Parel Property Snapshot

29% properties for Sale in Parel lie in range of ₹50 Lac – ₹2+ Cr.

Price Range
29%
29%
14%
28%
₹50 Lac - ₹80 Lac
₹81 Lac - ₹1 Cr
₹1 Cr - ₹2 Cr
Above ₹2 Cr
Property Type
83
0
0
0
Apartments
Villas
Plots
Independent Floor

Parel Location Property Price Trends

Top Developers in Parel

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Home Loan Deals

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Bandhan Bank

9.15%-13.5% Interest Rate

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Central Bank of India

8.6%-12.0% Interest Rate

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DBS Home Loan

8.5%-9.0% Interest Rate

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Repco Home Finance

9.5%-10.15% Interest Rate

Reviews & Ratings of Parel, Mumbai

Ratings
  • Neighbourhood
  • Roads
  • Safety
  • Cleanliness
  • Pollution
  • Connectivity
  • Public Transport
  • Parking
  • Traffic
  •  
No Roads Review Found
No Safety Review Found
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No Public Transport Review Found
No Connectivity Review Found
No Parking Review Found
No Traffic Review Found
No Pollution Review Found