- Home /
- Flats for sale in Mumbai /
- Flats for sale in Parel /
- Aikya Darshan CHS





Parel is a premium residential and commercial locality situated in South-Central Mumbai, bordered by Dadar, Prabhadevi, and Sewri. The pin code of Parel is 400012. This neighborhood features high-rise residential towers housing corporate professionals and families, with landmarks like ITC Grand Central nearby. Residents frequently use JBCN International School and KEM Hospital for their daily needs. Acharya Atre Chowk Metro Station on Aqua Line 3 is located 2.5 km away. Dr. Ambedkar Road links the area, keeping Parel Railway Station just 5 minutes away. In 2026, average property rates range from Rs. 32,000 to Rs. 48,000 per sq ft, dominated by multi-story apartments that attract buyers working in nearby commercial hubs.
| Locality | Property Price per sq ft* |
|---|---|
| Parel mumbai | Rs. 32,000 to Rs. 48,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 25,000 to Rs. 40,000 |
| 2 BHK for rent | Rs. 45,000 to Rs. 65,000 |
| 3 BHK for rent | Rs. 70,000 to Rs. 95,000 |
Parel remains a highly sought-after residential hub in South-Central Mumbai, driven by its closeness to major corporate offices. The residential market has shown steady growth, with property values experiencing a 1.4% appreciation over the past year. Buyers can expect average purchase prices to range between Rs. 32,000 and Rs. 48,000 per sq ft. Meanwhile, the rental market continues to perform well, showing a 6.4% annual increase. Monthly rental rates for typical apartments range from Rs. 25,000 to Rs. 95,000 depending on the configuration. High demand from working professionals keeps the market active. (* As of August 22, 2026)
Tata Memorial Hospital is a prominent landmark in Parel. Some more include:
Parel is well-connected through Dr. Ambedkar Road and the following roads:
Acharya Atre Chowk Metro Station on the Aqua Line 3 is the closest public transit option, located 2.5 km away. Some more include:
The nearest railway station and airport are Parel Railway Station, which is located 0.5 km away, and others:
Parel is well-equipped with numerous top educational institutions, such as JBCN International School and M D College of Arts, Science and Commerce, along with:
Some reputed healthcare places near Parel include Tata Memorial Hospital, and others:
You can access High Street Phoenix and Palladium Mall easily from Parel mumbai. Some more include:
These localities are located around Parel:
Here are some of the major employment centres near Parel:
The popular landmarks within Parel are:


No builders found
Request Floor Plan
