Table of content

About Reviews Map Infrastructure Compare Localities Things To Do Price Trends Discussions FAQs
Home / LocalityIQ / mumbai / parel

parel, mumbai

East Mumbai

Pincode- 400012

Compare Locality
Price Trends
Price Trends
Open in Map

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

4.1

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

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

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

parel Map

parel Infrastructure

user profile

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
user profile

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
user profile

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
user profile

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

Localities near by parel

Dadar East Lower Parel Chinchpokli Sewri Doctor Compound

Nearby Locality Comparison

Dadar East
icon
Lower Parel
icon
Chinchpokli
icon
Sewri
icon
Doctor Compound
icon
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) +16,613.00 / +59.39%
Rent Price Range ₹72 - ₹89
Growth in Rent Prices (3 Yrs) +7.58 / +9.32%
Total Properties Available 224 properties available for sale and 46 properties available for rent
Did not find you locality? Search here

Situated In East Mumbai

Kanak Park Meridian Mystic Shanti Sagar Chs Sheetal Apartments GCC Hotel and Club Siddhartha Nagar Shiv Smruti Apartment Umiya Oasis Sector 13 Dudhwala Complex Bhandarwada Bhoomi Legend Malad Co Op Society Timber Green Home Manomay Chs Hyde Park, Nisarg Nirman Developers Janavi Heights Seven Eleven Apna Ghar Prem Nagar Maxus Cinemas Bhayandar West Mira Bhayandar Mumbai

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

Property Price trends in parel

icon

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 Parel property rate currently ranges from Rs. 23,734 to Rs. 35,429 per square foot. This wide pricing spectrum indicates the diverse property options available. 

Locality

Property Price per sq ft*

Parel

Rs. 23,734 to Rs. 35,429

*Prices are subjected to change

Why Should One Buy Property in Parel?

  • Prime location with easy connectivity to South Mumbai via Eastern Freeway
  • Luxury residential projects with modern amenities
  • Proximity to major employment hubs in Dadar, Worli, and BKC
  • Strong appreciation potential due to developing infrastructure
  • Well-developed social infrastructure with schools, colleges, and hospitals
Price/Sq.ft:

-

Change: -

count

price

icon

Buy

224 Properties Available

icon

Rent

46 Properties Available

Recent Transactions

icon

12.11Cr

2,183.00 Sq.ft

icon

2.89Cr

723.33 Sq.ft

icon

8.25Cr

1,675.08 Sq.ft

icon

2.30Cr

375.12 Sq.ft

icon

7.50L

343.00 Sq.ft

icon

6.97Cr

1,160.00 Sq.ft

icon

4.92Cr

1,399.00 Sq.ft

icon

1.67Cr

740.24 Sq.ft

icon

3.92Cr

783.00 Sq.ft

icon

1.52Cr

518.07 Sq.ft

icon

47.25K

560.00 Sq.ft

icon

500.00K

42.75 Sq.ft

icon

19.00K

220.00 Sq.ft

icon

17.00K

270.00 Sq.ft

icon

5.50L

468.23 Sq.ft

icon

500

502.00 Sq.ft

icon

13.50K

160.00 Sq.ft

icon

23.00K

268.00 Sq.ft

icon

41.00K

405.00 Sq.ft

icon

10.00K

180.00 Sq.ft

Our Other Services in parel

icon

Builder Project

icon

Home Loan

icon

Home Interiors

Recommended Properties to BUY in parel

See All
image

2 BHK

SEMI FURNISHED

location Created with Sketch Beta. CRESCENT BAY, 13 th, Jerbai Wadia Rd, Nisarga Society, Bhoiwada, Parel, Mumbai, Maharashtra 400012, Parel, mumbai

Price: ₹ 3.55cr

image

1 BHK

SEMI FURNISHED

location Created with Sketch Beta. Dr Ernest Borges Rd, next to KEM HOSPITAL, Parel, mumbai

Price: ₹ 1.70cr

image

1 BHK

FULLY FURNISHED

location Created with Sketch Beta. Fitwala Road, Saidham Nagar, Parel, Mumbai, Maharashtra, India, Prabhadevi , mumbai

Price: ₹ 1.50cr

image

1 BHK

SEMI FURNISHED

location Created with Sketch Beta. Lal Bahadur Shastri Marg near Mangatram Petrol Pump, Ambedkar Nagar, Kanjurmarg West, Bhandup West Mumbai, Maharashtra 400078 India, Lal Bahadur Shastri Marg, mumbai

Price: ₹ 1.25cr

image

1 RK

FULLY FURNISHED

location Created with Sketch Beta. Standalone Building, beside rushabh tower, Hirji baug society, mumbai

Price: ₹ 70.50lac

parel Handbooks

icon EuroKids Preschool Parel | Best Preschool In Parel

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

Call

icon Brihanmumbai Municipal Corporation (BMC)

Gautam Nagar, Dadar, Mumbai, Maharashtra 400014

Call

icon RTO Mumbai Central

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

Call

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

start discussion

Start new discussion

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.

Blogs

image

Top 15 Engineering Colleges in Mumbai 2025: Ranking, Fees Structure, Admission Process and Placement Opportunities

Elon Musk once said 'Engineering is the closest thing to magic that exists in the world.' In the city of dreams, Mumbai, this magic comes alive in many halls of knowledge. In this article,

image

Cost of Living in Mumbai: Rent, Utilities, Transport & More in 2025

Planning to move to Mumbai? The city of dreams indeed offers endless opportunities, but all this comes at a price. From vibrant nightlife to high living standards, every aspect of Mumbai re

image

Top 10 Tallest Buildings in Mumbai: Height, No. of Floors and Nearby Localities to Live in 2025

Mumbai’s skyline is rising to new heights with some of the tallest buildings in Mumbai redefining urban luxury and architecture. From Palais Royale, the highest building in Mumbai with 88 f

image

Top 15 Posh Areas in Mumbai to Live in 2025

Posh areas in Mumbai are known for their luxurious lifestyles, high property prices, and top-notch amenities. They stand out because of their location, excellent connectivity, and lifestyle

image

Top 10 Luxury Apartments in Mumbai: Exclusive Homes with World-Class Amenities and Iconic City Views in 2025

Luxury apartments in Mumbai are perfect for those who want comfort and style. These homes are big, beautiful and filled with modern features. They are built with great care and have many sp

icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Please tell us a bit about yourself so that we can assist you better

We’ve got your response

Our team will get back to you shortly!

Write a Review

You are a *

Tenant
Owner with rental property
Owner staying in own property
property investor
Visitor

Overall Ratings *

Commuting *

Public Transport

Parking

Traffic

Roads

Environment *

Neighbourhood

Safety

Cleanliness

Parks

Infrastructure *

Schools

Hospitals

Restaurants

Shopping

Write Review about locality *

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

Start new discussion

Back to feed