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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Parnali is a developing residential locality situated in the extended western suburbs of Mumbai, bordering Boisar and Salwad. The pin code of Parnali is 401501. This industrial-fringe neighbourhood primarily houses manufacturing sector employees and features landmarks like the Tarapur Industrial Area. Residents frequently access Grant Government Medical College and JJ Hospital Mumbai for their healthcare and educational needs. Dahisar East Metro Station on Red Line 7 is the nearest metro station located 80 km away. Boisar - Tarapur Road connects the locality to Boisar Railway Station within a 15-minute drive. In 2026, the average property rate ranges from Rs. 2,200 to Rs. 3,500 per sq ft, dominated by compact apartments driven by affordable housing demand.
| Locality | Property Price per sq ft* |
|---|---|
| Parnali mumbai | Rs. 2,200 to Rs. 3,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 4,500 to Rs. 6,500 |
| 2 BHK for rent | Rs. 7,000 to Rs. 9,500 |
| 3 BHK for rent | Rs. 10,000 to Rs. 12,000 |
Parnali property market shows steady stabilization after experiencing significant fluctuations in recent years. The buyer market registered a modest 2.8% appreciation in 2026, bringing the median sale price to Rs. 1,850,000. Meanwhile, the rental market rebounded strongly with a 30.0% growth rate in 2026, pushing the median monthly rent to Rs. 6,500. Currently, residential buy prices range from Rs. 2,200 to Rs. 3,500 per sq ft, while monthly rentals range between Rs. 4,500 and Rs. 12,000 depending on configuration. This recovery is primarily driven by industrial workforce housing demand from the nearby Tarapur manufacturing belt. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Parnali Talav is a prominent landmark in Parnali. Some more include:
Parnali is well-connected through Boisar - Tarapur Road and the following roads:
Dahisar East Metro Station on the Red Line 7 is the closest public transit option, located 80 km away. Some more include:
The nearest railway station and airport are Boisar Railway Station, which is located 4.5 km away, and others:
Parnali is well-equipped with numerous top educational institutions, such as Grant Government Medical College and M.H. Saboo Siddik College of Engineering, along with:
Some reputed healthcare places near Parnali include JJ Hospital Mumbai, and others:
You can access Ostwal Empire Shopping Centre and Boisar Shopping Centre easily from Parnali mumbai. Some more include:
These localities are located around Parnali:
Here are some of the major employment centres near Parnali:
The popular landmarks within Parnali are:


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