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parel, mumbai

East Mumbai

Pincode- 400012

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About parel

Parel is a bustling residential area, situated in Mumbai's southern region. It is a sought-after neighborhood adjacent to several well-known areas like Dadar, Wadala, Dharavi, and Lower Parel. The Parel Pin Code is 400012. The area, once well-known for its textile mills, was a significant industrial center during the British colonial period. However, Parel steadily altered due to the loss of the textile sector. Today, it has developed into a mixed-use neighborhood that includes not just homes but also businesses, institutions of higher learning, and healthcare facilities. 

parel Reviews and Ratings (4 Reviews)

4.1

Food

4.1 out of 5

4

Parks

4 out of 5

4

Roads

4 out of 5

4.5

Safety

4.5 out of 5

4.5

Markets

4.5 out of 5

3.8

Parking

3.8 out of 5

4.4

Schools

4.4 out of 5

3.4

Traffic

3.4 out of 5

4.4

Hospitals

4.4 out of 5

4.4

Transport

4.4 out of 5

4.2

Cleanliness

4.2 out of 5

4.4

Neighborhood

4.4 out of 5

Whats good about parel

  • Prime location with modern amenities
  • Growing social and retail infrastructure
  • Excellent connectivity 
  • Religious significance

What can be improved about parel

  • Traffic congestion
  • Exorbitant property prices
  • Limited green spaces
  • Garbage management
Write a Review

It's a safe and well developed area with good transport options. The metro really eases out my commute to work. it also feels very vibrant during festivals.

I’ve rented my flat before and found steady tenant interest from professionals working in nearby offices. but the real problem is in beating traffic and lack of parking spaces

Parel is a rewarding area with good potential for long term investment. What I don't like now is the overcrowding and lack of open spaces. It feels congested and may impact the value later

The area is very safe and easy to live in. Markets and pharmacies are close by. the rent is a bit higher though

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parel Map

parel Infrastructure

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Physical Infrastructure of parel

Parel’s physical infrastructure has remained strong with various transportation networks.

Road Connectivity

The locality is well-connected via major roads and highways, like:

  • Eastern Express Highway
  • Acharya Donde Marg
  • Zakaria Bunder Road
  • Eastern Freeway
  • Shri Atal Bihari Vajpayee Trans Hbr Link

Public Transport

The nearest metro stations and bus stops are:

  • Siddhivinayak Metro Station, 2.5 km
  • Worli Metro Station, 3 km
  • Dadar Metro Station, 3 km
  • Wadia Hospital bus stop
  • Madkebuwa Chowk bus stop

Proximity to Airport and Railway Station

The nearest railway stations and airport are:

  • Lower Parel Railway Station, 2 km
  • Sewri Railway Station, 2.4 km
  • Chhatrapati Shivaji Maharaj International Airport, 17.8 km
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Social and Retail Infrastructure of parel

Parel's social and retail infrastructure is robust and meets the varied demands of the locality’s inhabitants. 

Schools and Colleges in Parel

The area is home to various educational institutions, including: 

  • Podar Institute of Education
  • Parel English High School
  • JCBN International School
  • MD College of Arts, Science and Commerce
  • Mahatma Phule College
  • Mumbai Veterinary College

Hospitals and Medical Facilities in Parel

Parel is well-equipped with top-notch hospitals and medical facilities, like:

  • KEM Hospital 
  • Tata Memorial Hospital
  • Parel Hospital
  • Siddhachal Hospital

Shopping Outlets in Parel

There are many malls around the locality, like: 

  • Utopia City
  • High Street Phoenix
  • Atria The Millenium
  • SDM City
  • Pacific Plaza
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Sub localities of parel

Some of the well-known and popular neighborhoods are:

  1. Parel Village
  2. Parel Tank Road
  3. Ambedkar Nagar
  4. Worli
  5. Prabhadevi
  6. Jerbai Wadia Road
  7. Bhoiwada
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Top Employment Hubs in parel

Some of the top employment hubs in Parel include:

  • Peninsula Business Park, 3.1 km
  • Lower Parel, 3.1 km
  • Kamala Mills, 2.7 km
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Popular Landmarks near parel

Nearby Locality Comparison

parel
Overall Locality Rating
4
Road Condition
3.8
Proximity to Schools & Hospitals
4.5
Traffic Congestion
3.6
Property Price Range ₹14,091 - ₹44,584
Growth in Property Prices (3 Yrs) +16,012.40 / +56.04%
Rent Price Range ₹76 - ₹89
Growth in Rent Prices (3 Yrs) +11.07 / +14.23%
Total Properties Available 237 properties available for sale and 45 properties available for rent
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Situated In parel

Kanak Park Meridian Mystic Siddhartha Nagar Umiya Oasis Sector 13 Bhandarwada Bhoomi Legend Timber Green Home Hyde Park, Nisarg Nirman Developers Seven Eleven Apna Ghar Prem Nagar Wadhwa Wise City Sidhi Vinayak Nagar Kopar Khairane Navi Mumbai, Maharashtra Shabri Regency Sarvam Veena Saaz Kalachowki Beauty Heights Mulberry Meadows

Top Things to do in parel

Some of the Top Things to do in Parel are:

  • Shopping: Look for exciting treasures and good deals at crowded street markets and neighborhood stores. Alternatively, for a more upmarket shopping experience, go to Phoenix Palladium.
  • Nightlife: Go to Lower Parel to explore Parel's vibrant nightlife by stopping by chic clubs, pubs, and lounges that provide something for everyone. There are various options for a good chill-out session with your friends, including offices and eateries. 
  • Matterden CFC: See a movie in this elegant theater, one of Mumbai's original single-screen theaters. It has existed since 1926!
best places

Upcoming Events in Mumbai

Source: allevents.in

India Rising

India Rising

Jul 04

Jio World Convention Centre

IJS - INDIA JEWELLERY SHOW

IJS - INDIA JEWELLERY SHOW

Jul 04

Nsci Dome Worli

Aise Kaise by Amit Tandon

Aise Kaise by Amit Tandon

Jul 04

Jamshed Bhabha Theatre: NCPA

Silly Papa By Angad Singh Ranyal

Silly Papa By Angad Singh Ranyal

Jul 04

The Habitat: Mumbai

Sumukhi Suresh: Hoemonal: The Taping

Sumukhi Suresh: Hoemonal: The Taping

Jul 04

Bal Gandharva Rang Mandir: Bandra

Master Saleem, Richa Sharma in Mumbai

Master Saleem, Richa Sharma in Mumbai

Jul 04

Shanmukhananda Hall: Mumbai

Sufiyana Andaaz

Sufiyana Andaaz

Jul 04

Shanmukhananda Hall: Mumbai

Mumbai Monsoon Marathon

Mumbai Monsoon Marathon

Jul 05

Bandra Fort Garden

Daily Ka Kaam Hai By Aakash Gupta - Mumbai Show

Daily Ka Kaam Hai By Aakash Gupta - Mumbai Show

Jul 05

Shanmukhananda Hall: Mumbai

Marry Go Round - Lets Blame It On Bollywood

Marry Go Round - Lets Blame It On Bollywood

Jul 05

St. Andrews Auditorium: Mumbai

The Nation Wants To Know By Anuvab Pal

The Nation Wants To Know By Anuvab Pal

Jul 05

National Centre for the Performing Arts, NCPA Marg, Nariman Point, Mumbai 400 021. INDIA , Mumbai, India 400021, Maharashtra

LockTheBox Book Fair Mumbai 2026 | Fill A Box With Books

LockTheBox Book Fair Mumbai 2026 | Fill A Box With Books

Jul 08

Infinity Mall

Shiprocket SHIVIR 2026 - Mumbai

Shiprocket SHIVIR 2026 - Mumbai

Jul 09

The Westin - Powai Lake: Mumbai

When Chai Met Toast Presents Joy Rooms - Mumbai

When Chai Met Toast Presents Joy Rooms - Mumbai

Jul 09

Antisocial - Lower Parel: Mumbai

Hema Malini Live in Concert

Hema Malini Live in Concert

Jul 10

Shanmukhananda Hall: Mumbai

Sudesh Bhosle, Kavita Krishnamurthy, Shabbir Kumar, Padmini Kolhapure, Anup Jalota, Anu Malik, Suresh Wadkar, Hema Malini in Mumbai

Sudesh Bhosle, Kavita Krishnamurthy, Shabbir Kumar, Padmini Kolhapure, Anup Jalota, Anu Malik, Suresh Wadkar, Hema Malini in Mumbai

Jul 10

Shanmukhananda Hall: Mumbai

Ajay-Atul Live

Ajay-Atul Live

Jul 10

The Grand Theatre, NMACC

Singles Board Game Night | Slow Dating Mixer at Starbucks, Lower Parel

Singles Board Game Night | Slow Dating Mixer at Starbucks, Lower Parel

Jul 10

Starbucks

Amit Kumar in Mumbai

Amit Kumar in Mumbai

Jul 11

The Lalit

Rajkumari by Nayab Midha

Rajkumari by Nayab Midha

Jul 11

Royal Opera House Theatre: Mumbai

Lucky Ali Live in Concert

Lucky Ali Live in Concert

Jul 11

Shanmukhananda Hall: Mumbai

Dhandho ft Munawar Faruqui

Dhandho ft Munawar Faruqui

Jul 11

Sophia Bhabha Auditorium: Mumbai

Comics Without Borders: KCC

Comics Without Borders: KCC

Jul 11

Khar Comedy Club: Mumbai

WEDDING DARBAR

WEDDING DARBAR

Jul 12

The St. Regis Mumbai

Piyush Mishra Live In Concert

Piyush Mishra Live In Concert

Jul 12

Shanmukhananda Hall: Mumbai

The Jamie Lever Show

The Jamie Lever Show

Jul 12

St. Andrews Auditorium: Mumbai

Unforgettable Memories by K.S Chithra

Unforgettable Memories by K.S Chithra

Jul 17

Shanmukhananda Hall: Mumbai

Unforgettable Memories by K.S Chithra

Unforgettable Memories by K.S Chithra

Jul 17

Shanmukhananda Hall, Sion , Mumbai

Jasmine Sandlas -India Tour (Mumbai)

Jasmine Sandlas -India Tour (Mumbai)

Jul 18

DOME, SVP Stadium: Mumbai

Abhangawari by Rahul Deshpande - Mumbai

Abhangawari by Rahul Deshpande - Mumbai

Jul 18

Shanmukhananda Hall: Mumbai

Shubha Mudgal in Mumbai

Shubha Mudgal in Mumbai

Jul 18

Royal Opera House Theatre: Mumbai

Trey Songz in Mumbai

Trey Songz in Mumbai

Jul 19

Dome SVP Stadium

JEWELLERY WORLD EXHIBITION Mumbai (Free Entry)

JEWELLERY WORLD EXHIBITION Mumbai (Free Entry)

Jul 24

The St. Regis Mumbai, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India

Khazana - A Festival of Ghazals (Silver Jubilee)

Khazana - A Festival of Ghazals (Silver Jubilee)

Jul 24

Regal Room, Trident Hotel: Mumbai

Daily Ka Kaam Hai By Aakash Gupta - Mumbai

Daily Ka Kaam Hai By Aakash Gupta - Mumbai

Jul 24

Sophia Bhabha Auditorium: Mumbai

Teerth Vitthal

Teerth Vitthal

Jul 24

Kashinath Ghanekar Natyagruha: Thane (W)

Manhar Udhas Live in concert

Manhar Udhas Live in concert

Jul 24

Mahakavi Kalidas Natyamandir: Mulund

Bolava Vitthal (Mumbai) - An Evening of Abhangs

Bolava Vitthal (Mumbai) - An Evening of Abhangs

Jul 25

Shanmukhananda Hall: Mumbai

Good Timing Ji

Good Timing Ji

Jul 25

The Habitat: Mumbai

Shankar Mahadevan in Mumbai

Shankar Mahadevan in Mumbai

Jul 25

The Grand Theatre

Abhang Rang

Abhang Rang

Jul 25

The Grand Theatre, NMACC

Apurva Nisshad, Hariharan in Mumbai

Apurva Nisshad, Hariharan in Mumbai

Jul 25

Dinanath Mangeshkar Natyagruha: Vile Parle

Vithu Namacha Gajar

Vithu Namacha Gajar

Jul 25

Dinanath Mangeshkar Natyagruha: Vile Parle

Abhangwari by Mahesh Kale - Mumbai

Abhangwari by Mahesh Kale - Mumbai

Jul 26

Shanmukhananda Hall: Mumbai

Aakash Mehta's Relapse a stand-up comedy show

Aakash Mehta's Relapse a stand-up comedy show

Jul 26

Backspace: Thane

The Yellow Diary Experience

The Yellow Diary Experience

Jul 26

The Grand Theatre, NMACC

Maharashtra Times Presents - Abhangwari

Maharashtra Times Presents - Abhangwari

Jul 26

Ravindra Natya Mandir: Mumbai

Shaurya Kargil Vijay Divas

Shaurya Kargil Vijay Divas

Jul 26

Vishnudas Bhave Natyagruha: Navi Mumbai

"Abhangvarsha" Marathi-Hindi Santvani Concert

"Abhangvarsha" Marathi-Hindi Santvani Concert

Jul 26

Yashwant Natya Mandir: Matunga

Property Price trends in parel

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Real Estate Market Trends and the Rental Demand in parel

The real estate market and commercial Parel property rates have seen remarkable home prices and rental demand hikes due to the area's central position, improved infrastructure, and closeness to business centers, making it a desirable investment choice. The development of Parel into a mixed-use community with contemporary facilities has also increased the value of its real estate. In addition, the presence of healthcare facilities and educational institutions draws professionals and students, adding to the cause of rental increment in the past few years. 

The average monthly rent ranges from Rs. 35,000 to Rs. 75,000, relatively affordable compared to neighbouring premium localities.

Configuration

Average Rental Rate*

1 BHK

Rs. 35,000

2 BHK

Rs. 52,700

3 BHK

Rs. 75,000

*Prices are subjected to change

Why Should One Rent a House in Parel?

  • Luxury lifestyle at premium rental apartments at low upfront cost
  • Close to major workplaces in nearby areas
  • Easy access to modern amenities, like gyms, clubs, cafes, and gardens
  • Close to top hospitals and malls nearby
  • Avoid heavy maintenance and registration costs
Price/Sq.ft:

-

Change: -

count

price

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Buy

237 Properties Available

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Rent

45 Properties Available

Recent Property Transaction

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47.25K

560.00 Sq.ft

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500.00K

42.75 Sq.ft

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19.00K

220.00 Sq.ft

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5.50L

468.23 Sq.ft

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17.00K

270.00 Sq.ft

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500

502.00 Sq.ft

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23.00K

268.00 Sq.ft

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13.50K

160.00 Sq.ft

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41.00K

405.00 Sq.ft

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10.00K

180.00 Sq.ft

Our Other Services in parel

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Painting

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Properties for Rent in parel

See All
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1 BHK

FULLY FURNISHED

location Created with Sketch Beta. Om Sumit CHS Lal Baug, Parel, Mumbai, Maharashtra 400012, Parel, mumbai

Rent: ₹ 50,000

image

1 BHK

FULLY FURNISHED

location Created with Sketch Beta. Lodha Primo, Parel, mumbai

Rent: ₹ 22,000

image

2 BHK

FULLY FURNISHED

location Created with Sketch Beta. Bhairav Darshan, Parel, mumbai

Rent: ₹ 120,000

image

1 BHK

SEMI FURNISHED

location Created with Sketch Beta. Jerbai wadia Road Parel, 96/7, Jerbai Wadia Rd, Bhoiwada, Parel, Mumbai, Maharashtra 400012, India, mumbai

Rent: ₹ 60,000

image

1 BHK

FULLY FURNISHED

location Created with Sketch Beta. Sewri West, Shivaji Nagar, Sewri, Mumbai, Maharashtra, sewri , mumbai

Rent: ₹ 55,000

parel Handbooks

icon EuroKids Preschool Parel | Best Preschool In Parel

101 Ajinkyatara Chs, Parmar Guruji Rd, near Global Hospital, Parel East, Mumbai, Maharashtra 400012

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icon Brihanmumbai Municipal Corporation (BMC)

Gautam Nagar, Dadar, Mumbai, Maharashtra 400014

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icon RTO Mumbai Central

Bodyguard Ln, Mumbai Central West, Arya Nagar, Tulsiwadi, Mumbai Central, Mumbai, Maharashtra 400034

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icon Parel Post Office

174, Mahadev Palw Marg, Ganesh Gully, Parel, Mumbai, Maharashtra 400012

Call

icon Aadhar Card Center

sh no 6, Maha lakshimi sadan, St Paul St, Dadar East, Dadar, Mumbai, Maharashtra 400014

Call

icon Dadar Fire Station

4, Dr Babasaheb Ambedkar Marg, Old bdd chawl, Dadar East, Dadar, Mumbai, Maharashtra 400014

Call

icon Bhoiwada Police Station

Bhoiwada, Near Sadakant Dhavan, Opposite Sadakant, Dadar East, Dhavan, Mumbai, Maharashtra 400014

Call

icon Freshville

Shop No. 1 to 12 , Lucky Star CHS, B - Block, Jerbai Wadia Rd, opp. T B Hospital, Parel, Mumbai, Maharashtra 400012

Call

parel Discussion

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Frequently asked Questions

Which part of Mumbai is Parel?

Parel, which is in Mumbai's South, is constantly in demand. The Lower Parel region is a significant commercial area with some of the most prestigious corporate houses.

Why is Parel famous?

The historical importance of Parel as a center of industry during the British colonial period has made it renowned. It was well-known for its textile mills and crucial to Mumbai's industrial growth. With a mix of residential and business areas available, Parel has developed into a contemporary and energetic neighborhood throughout the years, earning it renown as a famous district in Mumbai.

Is Parel a good area to invest?

Residential and commercial complexes from many renowned Mumbai real estate developers can be found in Lower Parel. This will be your finest alternative residentially and commercially if you want to invest in Lower Parel.

Is Parel a low-lying area?

Yes, Parel is one of the low-lying areas in Mumbai .

Is Lower Parel good for living?

Yes, Lower Parel is a highly upscale place to live with excellent housing options, first-rate retail centers and stores, and a ton of restaurants and bars around.

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parel Reviews

It's a safe and well developed area with good transport options. The metro really eases out my commute to work. it also feels very vibrant during festivals.

I’ve rented my flat before and found steady tenant interest from professionals working in nearby offices. but the real problem is in beating traffic and lack of parking spaces

Parel is a rewarding area with good potential for long term investment. What I don't like now is the overcrowding and lack of open spaces. It feels congested and may impact the value later

The area is very safe and easy to live in. Markets and pharmacies are close by. the rent is a bit higher though

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